St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-03-02


throughout on moderate volume of bust
ness. Foreign exchanges were quiet and the
posted rates after being reduced half a cent
were restored to the old figures. In the call
of loans some little business was done at
215(03 per cent, but generally speaking the
market was abundantly supplied with capital
at 1@2 per cent.
Western Associated Press.
NEW YORK, Feb. Endorsements strong
and 4 per cent. higher for per cents at 1917
bid.
State Securities-Quiet, and shade lower for
some issues.
Stocks-The market was less active than at
any time since last Saturday and extreme 1uctu-
atoms were generally within range and little
over i per cent. The day passed without the
development of any important rumors tending to
influence values. Early dealings were at prices
shade lower than the closing quotations yester-
day, but after the first fifteen minutes the market
rallied without manifesting remarkable strength,
and prices before II o'cock were generally O
small fraction higher than last evening. There
was considerable activity in the early transac-
tons, ut after rally the market became dull,
and with only slight fuctuatioAs continued dull
and steady until after midday, when there was
further fractional gains. In the last hour it be-
came heavy again, but closed firm slight rally
at prices which in most cases show gains for the
day OF only small fractions. Over 60 per cent.
of the days business consisted in trading in the
following four stocks: Chicago g. Northwestern
so, 100, Delaware. Lackawanna & Western "a, 995,
Lake Shore 1906 and Chicago, Milwaukee &
st. Paul 30, 095 shares. Delaware, Lackawanna
d Westerns lowest price at the opening,
when it sold at 1922 and from which it rose in the
forenoon to 1923 and later to 1031a. In the last
hour it dropped to 1924, rallied to 103h, sold
again at 1924 and then up to 103, and closed
finally at 1921, net gain for the day of d per
cent. Delaware & Hudson is Il per cent. higher
at 78A, after f1uctuatng between that price and
771s, and in this respect being an exception to
the general rule, but trading was very light.
There was sale late in the afternoon at 76h
seller so days. New Jersey Central was quiet at
3sA Q37A. closing at 38, an advance of u per
cent. Lake Shore opened q per cent. lower at
642l rose in the first hour to IS, and throughout
the remainder OF the day was heavy, selling
down to 63% IN the forenoon, and on reduced
business after midday rallied to the opening price
on little more than half the business done in
Lake Shore was steady in the morning at about
90, sales being made at the same time at 81 u,
seller 60 days. Early in the afternoon it rose to
937s, the highest price, and after slight re-
action closed finally at that figure, gain of Il
per cent. Chicago, Milwaukee & st. Paul was
steady throughout the forenoon ut 71S0714,
and rose in the last hour, touching 7lX, from
xuhic oh II m md clo oad
of "a per cent. The largest transactions were for
Chicago e. Northwestern common, which was
strong at the opening at 94S, but did not sell
above 94;s until after noon, when it touched
951z, declined again to 81 q and closed at s4Z,
gain of u per cent. The greatest advance of
any OF the so-called active stocks on the
list was made by Pacific Mail. which on light
dealings closed at the highest price Of the day q
So. an advance of per cent. One of the weakest
stocks was Missouri Pacific. which was highest
ut about the opening and lowest at about the
close, the extreme prices being 92ss and eOY
and the final price shows a loss of $ per cent
Chicago, st. Paul. Minneapolis & Omaha was
dull, and on limited fluctuations closed 4 per
cent lower for common at 251. and !. per cent.
lower for preferred at S6iI The result OF the
operations for the month which closes to-day is
a general advance in almost everything on III {.
active list and gain in the most active stock,
Delaware, Lackawanna & Western, amounting to
IL per cent. All coal stocks, however are prom
inent in the advances, Delaware & Hudson gain
ing SO per cent. and New Jersey Central a.
per cent New York Central was I'D 6ss per
cent, Lake Shore 81 per cent, Chicago &
Northwestern 57s per cent, while Chicago Mil
waukee g. ST. Paul gains only = per cent. and
Missouri Pacific is - per cent. lower, Union
Pacific loses lss per cent, but Manhattan Con.
solidated is up rs per cent. and Louisville &
Nashville s7s per cent. There was a reduced
business in railroad bonds, but large number
OF issues continues to be traded in for small
amounts. There was some speculation in Erie
ends new, which opened at 56as sold down to Sc.
rallied to Sc aud closed finally at 56sl ives;
Shore lists were u per cent. higher at 36sl. after
selling as low as SOS. and Nickel Plate lists
show u decline Of q per cent. at 81. Among the
other important advances in other securities of
this class vas gain OF per cent. in Missouri
Pacific 3rds at 1857, and an equal advance in
Ohio Central lists at 6iH. st. Louis & San
Franciso general mortgage bonds rose to 93I,
and closed = per cent. lower, while ends class
declined 4 per cent. TO par and ends class c
are unchanged at the same price Atlantic &
Pacific western divIsion) lists gained ]. per cent
at 74a., and incomes are 4 per cent. lower at
1917 Houston i Texas Central lists twesterH
divisionl are up per cent. at So, and lists main
coupon of = per cent. lower st 9Osi There is
an advance OF \ per cent in New York City &
Northern general mortgage trust company certi-
fcates st 35 x, and i per cent. in Pennsylyauia
Company's AZ per cent. coupons, and St Paul.
Minneapolis S Manitoba 6s are up Z per cent
at iOS Among the bonds showing the greatest
losses a. compared with the last previous sales
are Denver Rio Grznde division lists. which are
down \ per cent At 90. while Consolidated lists
are per cent. lower st 40. Canada Southern
ends sold ., 74Ii G74, drop OF per cent, and
Great Western lists show equal decline at IOs
Lafayette, Bloomington Muneie Ists opened
NJ SIS. but fell per cent, and there is an eoual
decline in Metropolitan Elevated lists at 1902.
Toledo & wabash lists are dova :, per cent. to
los. and ST. Louis division lists are i per cent.
lower at IoIA, and other changes are for small
fractions The total sales amounted to 81 2s7 OOO
: decrease of sjsl. 600 from yesterday
The transactions aggregated $4,000 shares:
Delaware. Lackawz1Bs 4 Western 5000
Missouri Kansas & Texas 10000. Lake shore
a. Coo Louisville S Nashville rs CO., Missouri
Pacific ZOO. Chicago & Northwestern 10000
New York Central $500. Chicago. Milwaukee
s ST. Paul 3s,UOo. Union Pacific 10, OOo, Western
Union Telegraph 1900.
Quotations or STOCKS AND BoxDs.
Stocks and bonds closed at the foTlo=:r 2
prices bid:
Thrrepe. cents. .ioIi Lake Ers & v. 1ss