St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-13


change for the better.
NEW YORK, July I1.-Government bonds
have been more active, and quotations are
quotations steady. The total sales of bonds
to-day were greater than on any preceding
day for many months past, the transactions
footing up 1867, 600, but the sales of West
Shore lists, S2,795.000, and of Erie Eds, con-
soils, $1.063 600, left only $4,000 to be di-
vided among the other issues dealt in. West
Shore lists are up21s, at 40, and Erie EDS, con-
soils, an equal amount at 561s. Prices arc
generally higher. The stock market
has been steady and strong all day
for the general list, while there has
been decided boom i'm the Vanderbilts
influenced by the constantly growing belief
that the negotiations for a settlement of rail-
road troubles, so far as the trunk lines are
concerned at least, are making steady pro-
gress, while Western Union had the benefit
Of the commencement this morning of
downfall of another of its rivals and transfer
of the American Rapid Illinois wires TO West
ern Union control. The course of the price
of the stock was steadily and persistently up
ward from 10 until = o'clock, the slight reac-
ton which occurred not exceeding X TO q
per cent, and being followed Immediately by
HIGH PRICES AGAIN.
In the last hour there was a grand rush,
during which the stocks mentioned scored
further gains of over / per cent. but there
was more feverishness than On the early deal
ings in the movement of New York Central.
Between the opening and O'Clock that stock
had made net advance from $50, at which
it opened, to 30. In the last hour il rose
quickly from 80 TO 81, broke 10 sos, rallied TO
81 q, sold again at 905z and closed on a final
rally AT the highest price of the day, 9ll<, an
advance from last evening of 25s per cent
Throughout the day the sales were in most
small mt In he
last hour. The feverish condition of New
York Central was not impaired TO Lake Shore,
which was dull and strong after = o'clock and
closed ut the highest price of the
day. There was an advance of rs per cent.
between the opening and , o'clock. Western
Union rose from 81 to 631S. and in the final
hour to 645s, closing at 641&, gain over last
evening of Pc per cent. The sales of the
three stocks mentioned amounted TO IL, 300
shares, while the total sales of all stocks dealt
in were 241,300 shares. Six other stocks.
Lackawanna, st. Paul Northwestern, Louis
vile Nashville, Union Pacific and Erie con-
tributed 90, 500 shares more, leaving A. 200
shares to be divided among the remainder of
the list. Central, of New Jersey Is Il below
the highest price reached, S954, with
NET ADVANCE
of per cent, and Pacific Mail, which was
not dealt in during the forenoon, suddenly
sprung into activity in the last hour, show
ing a gain of 15s per cent. Louisville & Nash
vile is up IL. Other advances for the
usually active stocks are far less than per
cent. There was an extraordinary amount
of business done in Erie, which rose Is, and
Union Pacific made an equal advance on a
very small business. On sales of only 900
shares Canadian Pacific shows an advance of
81 per cent, and OF the other inactive stocks
Canada Southern is up l2<, and Missouri
Pacific per cent. The market closed strong
ut or near the best prices OF the day.
Comparing prices this evening with those
of Il week ago the most Notable changes are
the advances in the same stocks that exhib-
tied so much strength to-day. New York
Central is up 81 per cent, Lake Shore 80
and Western Union per cent. St. Paul also
shows net gain of 21S and New Jersey Cen
trail per cent, the other advances in the act
i've list being for less than this amount. The
total sales were 1,056,S0 shares which is 54,-
600 less than for the preceding week of only
five days.
The sales of stocks to-day aggregated 247,-
30S shares, including Central Pacific. $500;
Delaware, Lackawanna a. Western. p. LIB:
Erie, IL ,230; Kansas & Texas, $3.50; Lake
Shore, IS, 440; Louisville & Nashville 1920;
Northwestern, 10,115; New Jersey Central,
$500; New York Central, 1924; ST. Paul,
2,440; Union Pacific, 5000; Western Union,
40,665.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding days: