The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-07-31
VIVAL OF THE OLD LAMONT
RUMOR.
BONDS STAR PERFORMERS.
VOLUME OF TRADING ABOVE THE
FOUR MILLION MARK, PAR
VALUE.
Standard Shares Moved Narrowly
but Held Their Own Very Well
Foreign Trading Mixed.

NEW YORK, July 30.-Bonds were the star
performers in today's market, the volume of
trading therein being the largest in long
time, exceeding 81, 900, 600 par value. Mortgage
securities were generally strong, special ami
nation being shown in those of reorganized
roads and those undergoing rehabilitation.
Stocks were considerably less active than
usual, but before up fairly we'll under the
announcement of the engagement for export
of some $4,000,O00 gold, which was larger than
anticipated. A sustaining feature was the
European engagement Of some $780, 600 bushels
of wheat from outports.
The standard securities moved very mar
rowly, as, in fact did the low-priced shares.
Several usually active securities, such as
Delaware Hudson, Jersey Central, Sugar
and Tobacco, failed to fuctuate beyond a
point. The foreign trading was considerably
mixed, it being on the eve of the holidays in
London, trading was restricted there, and
such as there was came mainly from New
York buyers, and the market abroad closed
firm. The gold exports were partly due to
three months bills in settlement of April S
large importations now becoming due.
Northern Pacific pfd. was the most active
stock in the list, and advanced 1% on favor
able earnings and buying by interests in har-
mony with the president of the Great North
ern. The rumor was revived that Daniel
Lamont would be announced the president
of the Northern Pacific next week. Consoli-
dated Gas rose 2, and sustained all but a
fraction Of the gain. Brooklyn Union Gas
gained 27s and Equitable sold at 26O. St.
Paul only temporarily responded to the state
ment for the fiscal year, showing that about
1-3 per cent had been earned on the COM
mon stock. Some of the low-priced stocks
which have thus far failed to participate in
the recent rise, such Chicago Great West
ern, North American and B. & O., were moro
active today and showed fractional improve
ment The reorganized Monon stocks-Chi-
cago, Indianapolis, & Louisville-Were dealt
in for the first time today. The quotations
were 9A@10 for the common, 201a@2S for the
pfd., and so was the ruling price for the 5
per cent bonds. The principal advances for
the day not hitherto mentioned were: Ann
Arbor pfd., 4; Rubber pfd., q; Tobacco, Den
yer & Rio Grande pfd., Detroit Gas, Erie
Telegraph, Illinois Central Mobile & Ohio,
Morris Essex and Pittsburg. Cleveland,
Cincinnati Chicago & st. Louis pfd, while
the losses were: Rio Grande G Western, 2;
do pfd., and Des Moines d. Fort Dodge H.
The bond transactions today were again of
large dimensions with the animation at
tended by higher prices throughout. The ag-
gregate sales were 81, lis, 900. Governments
were neglected, but hardened appreciably on
bid quotations.
The aggregate sa.es of stocks were 2s2, $50,
including: Atchison pfd., 1888; B. O.,
$3.50; c. o., 1926; Burlington, 49, 1874; l..
& N, sos; M, X. & T. pfd., 1856; Missouri
Pacific, 1856; North American, 9701; North
ern Pacific, 4,790; do pfd., 36977 Reading, g.
1924; Rock Island $3.50; St. Paul, 5625; South
ern Ry. pfd 1884, Wabash pfd, 5,545; To
bacco, 4,762; Spirits, 3,S15; Chicago Gas, g.
S77; Consolidated Gas, 1857; General Electric,
3,175; Sugar, 1886; Western Union, 1857;
Chicago Great Western, 9,446.
The following were the fluctuations of the
leading railway and industrial shares fur
nished by C. H. F. Smith C Co., members
New York stock exchange and Chicago board
of trade: