St. Paul daily globe., 1885-02-04
Western Associated Press.

| New YORK, Feb. 3.-GovernmeDts-Steady
| State Securities-Fairly active.
| Stocks-The stock market continues 10 give
evidence OF strength with a bull movement; in
] fact at no time recently has the general market
/ exhibited more strength than to-day. Large
| bears have not been covering, but on the con-
trary have been increasing their lines prices
| advanced, and yet the market this evening shows
| a net gain for the day OF 4 to per cent, and
not a single stock on the active list closed as low
as yesterday. The first prices this morning
were generally small but n fraction higher and
unusually steady, and advance for the most
active shares on the list was kept up throughout
the forenoon. In early afternoon the market
became dull and prices declined fraction for
most sto, ks, but upwa movement started
again at The beginning Of the last hour which
was well maintained until the close of the board
The market closed strong, aud generally very
close to or AZ the highest prices OF the day. Del
aware, Lackawanna Il Western led in amount OF
business done, as well in the advance price
recorded, transactions in that stock amounting
TO SO, 235 shares over 80 per cent. of the total
business Of the day, while the price gained 2is
per cent Chicago, Milwaukee & ST. Paul was
the next most active stock, sales aggregating
47,4OO shares and the price advanced from Il s.
TO 20 =, closing within y per cent. Of the latter
figures, being gain for the day Of 5. per cent
Lake Shore Wet up !. per cent at 02&. and
Chicago d Northwestern u al sOh, on sales Of
nearly 10000 shares each case. New York
Central was also !. higher at sSa4 Delaware &
Hudson IL, at 5th; Chicago. Burlington s
Quincy IL, at ii9a New Jersey Central and
Illinois Central per cent. each, the former at
S44 and the latter at legk, while other stocks
- - IT, 4.
Oregon Railway q Navigation was the exception
by ling up from 50 (last evening" to 81 aud
closing at the highest prices reached. II is evi-
dent that feeling Of confidence is extending,
and il is rot believed that the bears can possibly
cover their lines OF shorts without making heavy
losses. The investment demand for good stocks
and bonds was large and was encouraged By ease
iu the money market. Old and conservative
wall street operators say ''the demand cannot be
filed at present prices, end the feeling through
out the country Is so strong against congress
sional legislation that faith in the power Of the
bears TO carry on successful attack upon cor
porations Is waning" In the bond market there
were large dealings in Erie seconds, trans
actions aggregating 100000 shares, but the de-
cline was checked by official denials OF rumors
aGoat yesterday, and partial recovery Of prices
was established; eariy in the day the bonds sold
at 5O4. from which they steadily advanced to
50 a and closed st $50. There was some trad
ing in New York. West Shore & Buffalo irsts st
3&TGs5. TIE rest Of the bond list was quiet.
and the changes generally were for on small
fractions, bat they in most cases were in favor
OF higher prices. Central Pacific land grants are
up 4 per cent. 10 1Oi =; Metropolitan Elevated
Grsts aad Louisville & Nashville and New Or
leans & Mobile division 6's each 4, st l06n y and
5s1 respectively. Denver & Rio Grande west
ern lists went up :, ST 3ssi, and New Jersey
Central adjustment bonds I per cent, st ios.
Missouri Kansas & Texas ecnsol IS and Kansas
Pacific let consois 4 lower, the former s9A and
the latter 90. Fort Worth & Denver lists went
down =. at e2H; Chicago. Burlington & Quincy
- =. Al $50, and New York, Lsekawanna s
Western construction 5'slI, az 95. Chicago.
Milwaukee & 81. PAIL and Chicago & North
western issacs traded ia we're strong bnt made
gains Of only small fractions Northern Pacific
lists were also strong and advanced a per cent.
The TRANSACTIONS Aggregated 2ss,Oo0 shares
Delaware. Lackawanna Western 1900:
Lake shore 1900; Chicago s Northwestern
~. 900: Chicago. Milwaukee s. St PaaI g.. .0Oy;
Union Pacific l4.o0O; Western Union Telegraph
q, ,OO9.
Quotations CT STOCKS AND BONDS.
stock. Ga4 0oaas elose1 a. the following
rrsres Jia-