The Saint Paul globe. (St. Paul, Minn.) 1896-1905, 1897-06-15
STOCKS MARKED UP
NEW YORK MARKET FIRM AFTER
SOME EARLY SALES TO REA-
LIE.
LONDON WEAKNESS IGNORED.
NET GAINS A LITTLE BELOW THE
BEST PRICES OF THE
DAY.
LONDON WEAKNESS IGNORED.
BUSINESS IN BONDS rs BOOMING
Aggregate of Transactions Not Much
Below the Three Million Mark
Decided Advances.

NEW YORK, June 14.-The upward tendency
was resumed today on the stock exchange
after short-lived selling movement to real
lie In continuation of Saturdays movement.
The rise was in spite of the duIness and
heaviness of Americans, along with all other
securities on the London exchange This
neglect was explained by the absence of
traders to participate in the opening festivi-
ties Of Queen Victoria's diamond jubilee. New
York ignored the decline in London and pro
ceeded to bid uD the prices soon after the
opening. The warm seasonable weather, and
its certain benefit 10 crops gave fresh i'm
Tetus to values in the granger group, which
remained practically stationary all last week.
At the top price, Burlington showed ad-
vance of IA, Omaha of 49, and Northwestern
1ss. Net gains were slightly below the high
est in the grangers and in other stocks. The
declaration of dividends On members of the
Vanderbilt group had been discounted, as had
been the passing of the dividend on the pre-
ferred stock Of c., c., c. & st. L. The
common stock of this company, after slight
opening decline, made unaccountable ad-
vance of Der cent. In face OF the dividend
rumor and first week statement showing a
decrease in gross earnings of over $24, 600, re-
action carried the price below Saturdays
close. The local gas stocks all showed buoy
count for, though rumors have been preva-
lent for some time of consolidation of in
terests among the companies. Continued
strength in the stocks of iron and steel COM
panies reflected the improvement in the out
look for business in that industry. Consp.cu-
Gus strength was manifested also by the
Goulds Manhattan and Western Union each
advancing over point. The good buying of
New Jersey Central also continued, resulting
in marking up that stock 3 points, after an
initial decline and some reaction. Quite
feature of the trading was the number of
fractional lots Of stock that changed hands,
indicating the outside purchases made through
commission houses. These sales of odd lots
were well distributed throughout the list. Su-
gar developed assured strength as the day
progressed and showed a sharp gain on the
day. Chicago Gas was active, but irregular,
ranging over 1Ac and closing with net gain
of less than that. Following are among the
noteworthy extreme advances Sugar, Lead,
Cotton Oil pfd., both Rubber stocks, Illinois
Steel, Pit sburg, Cincinnati, Chicago & st.
Louis pfd. and Pullman 1 per cent, or over,
besides those specially mentioned above.
Trading in bonds was on an enormous scale,
the sales aggregating almost $3,0O0,000 De-
cided gains were made in all issues, with St.
Paul Is scoring the extreme improvement of
per cent. Government bonds also shared in
the general streng. h that permeated the
curity market. The new As coupon were
quoted at 1251s the best price notet in the
present movement. Transactions were con-
fined to a block of $25, 600 at 125.
The total sales of s ocks today were 249,-
513 shares, including the following: Sugar,
$4,000; Burlington, 17,100; chicago Gas, 49,
400; L. & N, 1900; Manhattan, $780, Mis-
souri, Pacific, 5000; New York Central II 200;
Northwestern, 5000; Northern Pacific, 5000;
do pfd.. 1900; Reading, 5000; Rock Island,
1900; st. Paul. 1880; Tennessee Coal and
Iron 400; Texas Pacific, AGO. Western, g.
II 200.
The following were the fluctuations of the
leading railway and industrial shares fur
nished by c. H. f. Smith & Co., members
New York stock exchange and Chicago board
of trade: