The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-05-08

MAnnEr VERY MARROW IN RANGE.
oucrnttons ON 'Chnnge ProfessiO MAJ
to the Lust Degree and Of Linn
tied Volume.

NEW YORK May 7.-Todays market for
stocks continued extremely narrow and to the
last degree professional, with nothing In 1t
that reflected any general condition TO lnnu-
ence values The dealings were even IN
smaller volume than Yesterday and Western
Union absorbed more than fifth of the total
dealings 30 coo of it's shares changing hands
during the day. The general list moved only
a small fractional range and many stocks re-
NAMED totally inactive during the day, the
large majority of the transactions being dis
-tributed among few stocks. A tone OF
some strength was impaired to the market at
times and most notably, strange to say, i'm
mediately after the announcement Of an
engagement of $1,000,G GOO in gold for shipment
70 Europe tomorrow. Reports of the good
progress being made in spring seeding in the
Northwest was the favoring influence on the
granger stocks and some small net gains
were shown in this group. The general rail-
way list on the contrary, was of an average
fraction, as the result of the days trading,
the Vanderblts especially showing reac-
tionary tendency. Omaha sagged from the
opening yielding 21s, but recovered partially
he loss. The decline due to selling OF
holdings acquired on the supposition that an
other dividend might be declared this year.
The .ers also showed cessation OF yes
terday's strength on largely diminished deal
ings Other movements were almost wholly
due to special causes.
The Gould shares showed themselves much
firmer against bear attacks than yesterday,
although the movement of Western Union was
decidedly cratic. 1t lost 11s, rallied Us and
finally again reacted rs. Manhattan also
moved irregularly over range of a point,
while Missouri Pacific was comparatively
(Na- tIN Of
realizing and imp atience over the decay in
legislation for consolidation. The stock lost
a point on the day. Local gas tocks, on
the contrary, showed continued strength. To-
bacco jumped per cent to III. on manipula-
ton. American Spirits preferred gained rs
on the day, as result of the favorable set
tlement of some old claims. Sugar moved IN
an erratic manner conflicting rumors and
closed with small net change. Northern
Pacific pfd rose a point early in the day
and maintained the gain, though it fell into
du.iness. London was a small SEER OF shares
on arbitrage during the day a. higher level
fSre. London pf-cas for Amer cans however,
improved noticeabiy before the close there.
Standard Oh. liuuidating certificates sold at
307
The bond market vibrated somewhat ir-
regularly. with liquidation in Erie prior Len
fcurs the feature. The bonds sagged 31s per
cent to 6SA on the announcement of the
dissolution of the agreement with the under
writing syndicate to Rain their holdings. Ile
changes IN otner issues were lrlVlal, With
business very light, the to5a sales aggregas-
ing only $725,090. GoyernIs.cnts were slightly
easier on proit-taking. The sales We're
SIT 600.
The total sales of stocks today were 141 ,716
shares including: Tobacco, $500; Sugar,
s5GG; Burlington, $780, Chicago Gas, 300;
Manhattan, 1890; Missouri Pacific 3,O0O N.
P. pfd, $500; Omaha. 10000; Rock Island,
2200; St Paul, 1900; Western Union, 29, 700.
The following were closing quotations of the
leading railway and industrial stocks, fur
New York stock exchange and Chicago board
of trade: