St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-04-11
Western Associated Press.

| western ASSocialeu HreSS.
| New YORK, April 10.-Government bonds
are quiet but firm at unchanged quotations.
State securities show little more activity !;
prices are firm, except for Tennessees, which are
| heavy.
| Railroad bonds have been active and prices
! generally we'll maintained.
Stocks-The stock market continues subject
to the latest European war news. The opening
prices to-day were generally from 4 to 4 per
| cent. lower on account of a general impression
| that the outlook for peaceful solution of the
difficulties between England and Russia were
more favorable and the advance in London of the
price of British consols. Some activity was
developed by an effort on the part of spectators
who saw profit in the current quotations to
realize, but after the first hour the market be-
came very dull and fluctuations were generally
within extremely narrow limits. Lake Shore
and Pacific Mail were pressed for sale, how
ever, and the tendency of the other compare
| lively active stocks was to find slightly lower
quotations, which continued until shortly before
3 o'clock, when a slight rally occurred, and the
market closed dull and steady at quotations
which in most cases are A@H per cent. higher
than the lowest of the day. TO this, however,
there are several exceptions in which the lowest
and the Anal figures are the same. There is
prevalent belief that the troubles between
England and Russia will assume more definite
| shape in very short time, and in the meantime
spectators are simply waiting. Although the
street is much divided as to the ultimate effect
of the war between these countries upon our
securities, for the time being beigerent news is
hailed as an insurance of general advance IN
prices, not only on the better class of railroad
securities, but also of the products OF our soil
and of many manufactured articles, while re-
ports of a peaceful character tend to drive the
market back into the rut into which it has been
running for 80 long time. The total sales to-
day were only 10000 shares, q decrease from
yesterday of 181, 300 shares, and of to-day's
business AZ per ceut consisted of transactions in
Lake Shore, Delaware, Lackawsnna 81 Western
and Chicago e. Northwestern OF no other stock
did the total sales amount to as much as $4,000
shares. Lake Shore opened at 595a and after
selling at 59B broke in the morning to SO.
After midday drive was made at this stock,
which depressed the price to 5SH, but in the last
hour there was a>rally OF limited business to
5ss, net decline compared with last evening
of 4 per cent. Union Pacific was also pressed
for sale in the afternoon, and the price, which
fell to 42A. In the final rally, however, it rose
to 42A and closed at 4e9s, loss of per cent.
Delaware, Lackawanna 81 Western sold from
106 to 1041a and closed at 106, decline of per
cent. Chicago, Burlington & Quincy is 4 per
cent. lower at 121, and Louisville & Nashville is
per cent lower at SOX. The losses for the
remainder Of the list less than per cent.
The executive committee of the Oregon Railway
s. Navigation company has decided to recon-
mend the usual dividend of q per cent. quar-
terly. but in view of the snow and ice prevailing
along the line of the road during the winter the
resolution recommends that the payment be
made one month later than usual.
The transactions amounted to 1876, 900 shares:
Delaware, Lackawanna e. Western $4,000,
Lake Shore $4,000, Chicago & Northwestern
%, 900, New York Central 1000, Pacific Mail
$4,000, Chicago, Milwaukee & st. Paul $4,000,
Union Pacific $4,000, Western Union Telegraph
6,U00.
QUOTATIONS OF STOCKS AND BONDS,
Stocks and bonds closed at the following