St. Paul daily globe., 1885-06-19

NEW YORK, June 18.-Government bonds
have been inactive and weak, quotations
showing q decline of "a to ID per cent the
heaviest decline being in the IS and As. State
bonds have been quiet, with quotations gen.
orally strong. The business in railway bonds
to-day was the largest for the current month,
the total sales being S2.367, 600. There was
less activity in West Shore firsts than yester-
day, but the sales foot up $620,000, and there
was heavy trading in Erie second cOnSOlS, the
transactions amounting to S537,000, and re-
newed activity on the Nickel Plate firstS, the
sales of which aggregate $288, 900. By some
persons it is believed the movement in New
York Central and West Shore and Nickel
Plate bonds has one common origin, report
to this effect coming from London and
being circulated here. This afternoon prices
are generally higher, but the West
Shore frsts gained only 1s per cent.
at 361l. Nickel Plate frsts are up ~ per
cent The stock market to-day, as measured
by the number of shares bought, being
1S7, roo, was not more active than yesterday,
but there was much better supply of
rumors, and greater interest was taken in the
transactions. The leading feature in to-
days market was said to be the strength OF
Vanderbilts and weakness of Lackawanna.
1t Is reported the Vanderbilt party has parted
with so much New York Central stock that it
has virtually lost control, and the talk about
the efforts of the Pennsylvania and Lacka-
wanna managers, and also the movement
said to have been made by Mr.. Gould to estab-
liSh through Eastern connection for the
Wabash by way of the Grand Trunk and West
Shore was received, and predictions were
freely indulged in that a
SURPRISE WAS IN STORE
for the New York Central party. The street
was also well supplied with statements show
ing the coal trade rs in q very unsatisfactory
condition, which may have aided the bears in
repressing the price Of Lackawanna. AT the
opening this morning the market was weak,
and prices yielded from a to 80, led by Union
Pacific, Pacific Mail and New York Central,
while Lackawanna declined per cent. The
lowest prices of the day were made at this time.
Between IL and IL o'clock there was a rally of
% to 15s per cent, the strongest stocks being
Lake Shore, which advanced 1% per cent,
New York Central and LackaWauna, each IL
per cent. and Union Pacific per cent. In
the afternoon the general list remained about
steady until near the close, when it showed
some signs of being tired, but closed steady
at a little below the best prices of the day.
Union Pacific was heavy in the afternoon and
Lackawanna steady after it had lost l per
cent. from the midday quotations. Grangers
were very steady, Northwestern suffering
from an early announcement that the earn
ings for the second week of June were only
SAG, 600, q decrease from the same week
last year of S3T, 600, The result of the day IS
operations is a general advance amounting to
1a0% per cent. Total sales of stocks to-day
were 1877, 1856 shares, including Central Pacific,
5,256; Delaware, Lackawanna & Western,
80, 40; Lake Shore, 2,459; Louisville & Nash
vile, $3.50; Northwestern, 10, 1910; New Jersey
Central, L., 100; New York Central, 20, $685. Pa
cific MAIL 4,645; St. Paul, 22,71O; Union Pa
cific, 19,400; Western Union, 14,0S9.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding days: