St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-08-16

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efforts are being made to induce outsiders
to buy, but the upward progress of the stock
is slow and difficult. The Blair party were
reported as marketing considerable North
western. This checked the advance in the
stock and st. Paul did not get above so.
There was quite trade in many of the
light-weights, and the day closed upon the
most buOyant and bullish-looking market of
the week.
New YORK, Aug. 15.-Government bonds
have been duh and prices steady. State
bonds have received some attention, and quo
tations for some of the Southern issues are q
little higher, while in other cases they are
steady. The railway bond market has again
beep usually active. the days business being
one of the largest in months past. The trans
actions amounted to $4.2I5S 500; Erie I'd con-
soils contributed Sl,SSs.O00; Atlantic and Pa
chic incomes, 1891. ZOO: West Shore lists, S294,
600; Nickel Plate lists, S25s, 600; East Ten
nessee & Virginia income, S200. 600. and the
lists 1000, leaving SlOO0,O0o TO be divided
among the rest of the list. Erie DDS were
particularly strong all day, and closed with a
gain of 81 per cent. Other gains were Chesa-
peake and Ohio currency 6s, 1Ss; Houston &
Texas IDS. l214; Indiana, Bloomington &
Western DDS, 3; Indianapolis. Decatur Il
Springfield, IL; Louisville a Nashville Is, .;
Texas Pacific a Rio Grande 6s, >. ana the
terminals 8; Texas Central lists of 1911, 80;
Wabash, Chicago division, 5s, AZ; Kansas
City & Northern real estate IS, 80; Green
Bay incomes, IL; Mobile a Ohio I'd deben-
lures, g; st. Louis, Alton & Terre Haute divi-
dend bonds, So, and New York & Susque-
hanna LIST coupon Of -. Ohio Central incomes
are down l and 2. There are no other.
IMPORTANT DECLINES.
The stock market has again been active and
strong, especially for the Vanderbilts, the
coal stocks, Louisville X Nashville and some
of the low-priced securities. The Changers
were. however, barely steady, and the Northern
Pacincs, Oregon Transcontinental & Chicago,
Burlington Quincy heavy. The advance in
the Nanderbilts was due TO the announcement
that the Central Traffic association had elected
a commissioner, had agreed TO the formation
OF a pool on money basis and had adopted
resolution TO restore rates east-bouud next
Monday. The strength in Lake Shore was
further stimulated by report in the after
noon that Z settlement had been effected with
the Nickle Plates bondholders on the basis
OF 5 per cent interest on their bonds. The
chairman of the bondholders committee
denied the rumor, but his denial came late
and had no effect upon the price of the stock.
Lake Shore was strong from the opening TO
the close of the board. but its most rapid adj
vance was made in the last hour, when il rose
IL per cent and closed u below the best
price Of the day, with a net gain of 2s$ per
cent. In the afternoon New York Central
touched par for the first time this year,
yielded later to 1855, rallied again TO par and
closed nomnally at that price, a gain OF ] -
per cent. Michigan Central is also 21S higher,
Lackawanna rose TO l0l add closed a below
that price, with
NET MARGIN
of y per cent. Delaware & Hudson is ND
Ia, New York Central <, Louisville & Nash
vile l, Texas Pacific and Missouri, Kansas
& Texas rs. Northwestern opened and al
most Immediately sold at l02, but it was
heavy during the remainder of the day and
closed with loss of \, while st. Paul, with
fluctuations of only s., is higher and the
Northern Pacific and Oregon Transcontinental
are down each Il. Comparing prices this
evening with those of a week ago. nearly
everything is higher, Western Union being
the only prominent exception with a loss OF
2ss per cent. Louisville & Nashville is up 61S,
Lake Shore 31s, Texas Pacific 3, Missouri,
Kansas & Texas 25s, New Jersey Central 20,
Delaware u Hudson 21s and Northwestern ,.
the total sales for the week were l,Sei, 9lS
shares. against 1,0l3,9S9 shares for the bust
ness days OF last week. The total sales of
stocks to-day were 334, asa shares, including
Lackawauna 26,230, Erie 6.3G7, Kansas &
Texas 2I0,650, Lake Shore As, 500, Louisville
Nashville I5,474, Northwestern 5000, New
Jersey Central 3.400; New York Central Is
40, Pacific Mail, 3,025, ST. Paul 1900. Texas
g. Pacific 1890, Union Pacific 9,120, Wabash
800, Western Union 20, l75, Northern Pacihc
preferred S,+S4, Oregon Transcontinental 49,,
1913.