St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-08-23

put up prices by buying long
stock in the expectation that the outside
public would come in and take il of their
hands at handsome profit, but so far
buyers have been unable TO sell as they cal
culated, consequently they are heavily
loaded with hgil-priced goods and feel un-
easy. The bulls may be said to control the
situation, and. though the decline in cereals
means a slow movement in the way of
treightS. it appeared 10 have but little effect.
East-bound tonnage for the first time in
months show an increase for the past week.
New YORK. Aug. %. Government bonds
are dull and firm. State bonds have been
dull, but strong. There was a better bust
ness i'm railway bonds to-day. the sales
amounting To 81, $4,000, Of which Erie 2ds
contributed S2g5.O00 and West Shore lists
S52i,O00. Prices are pretty evenly divided
between advances and declines. Ere I'd con-
sols opened at $685. and rapidly declined until
they sold at % and then gradually sold up TO
cas-, and closed with a net loss Of = per cent.
at 615S West Shores are unchanged. The
total sales Of bonds Tor the week were SIS,
722,OOO. There was very sharp reaction at
the stock exchange this morning, although
the transactions were limited. Prices opened
"A trihe higher than they closed yester-
day, but room traders soon sold and
support seemed lacking. IN the
first half hour prices fen OF from = 10 > per
cent, the leaders of the decline being Lake
Shore. Lackawanna, ST. Paul, Louisville a
Nashville and Northern Pacific preferred. The
decline lasted until about Il 80, when the list
began 10 rally and soon became strong, and
grew stronger until the close, when the ma
jority Of stocks were from = 10 ~ per cent.
higher than they opened. The extreme adj
Vances from the lowest prices were: Della
ware y Hudson >, Western Union and New
York Central each rs Lake Shore l3s, North
N I
Lackawanna Is, Louisville x Nashville Ia,
Missouri. Kansas & Texas l, Manitoba l =,
Reading Is, Chicago, Burlington * Quincy.
20, Minneapolis & ST. Iouis common I y and
the preferred pa. At the close Pacific Mail
ana Erie were \ lower. Omaha preferred IS
and the Northern Pacincs q. An other stocks
on the active list were unchanged or higher.
TIE sHARPEsr ADVANCES
from last evenings closing figures were Della
ware 81 Hudson rs, Jersey Central 81 :, Man
haitian consolidated IA. Reading Ia, Chi
cago, Burlington & Quincy 2l{. Central Pa
vanccs were generally for small fractions.
The traders who were the sellers in the morn
ing were The buyers in the afternoon. There
were but few rumOrs to-day affecting prices,
and the extreme fluctuations appear TO have
Deen caused by room traders. Jersey Central
made a sharp advance of 25s per cent. and
the old rumors OF some party In control OF
the property were revived, but nothing o.
fcial could be obtained. The OmaLas were
quiet to-day, although the rumors OF
consolidation with NOrthwern were re-
peated. A statement that there were
legal obstacles i'm the way OF such consoida-
ton was denied by Senator SpOoner. formerly
general counsel for the Omaha company. The
meeting OF the Northwestern executive COM
mittee viii be held at Saratoga next Weducs-
DAY, when il is said the Omaha matter will bc
considered. The total sales for the week were
., l5G .25S shares. Prices this evening are gen
orally higher than week ago. Lackgwanna
and Chicago Burlington a Quincy showing
gains of 80 per cent, Delaware Il Hudson ;,
Uuion Pacific 21S while Omaha common is up
10 81 and the preferred l0ss. Other active
shares are up fractional amounts; Lake
Shore and Northern Pacific, however, are IL
per cent lower, Louisville and Nashville rs,
and Missouri, Kansas & Texas =.
The sales of stocks to-day were 22l, zee
shares, including Delaw are, LGckawauna "
Western. 80, 40; Erie $3.50; Lake Shore 10, co;
Louisville & Nashville, sos; Northwestern,
LILO; New Jersey Central, $3.50; New ork
Central, 1l,5l5; Reading. 10000; 81. Paul,
1880; st. Paul Omaha, $3.50; Texas
Pacific, 3,295; Union Pacific, ll,295; Western
Union, 1850; Northern Pacific preferred,
SIG; Oregon Trans-continental, ll,Ol5.
QUOTATIONS. or STOCKS And BONDS.
Following are the closing prices bid yester-
day and the three preceding business days: