St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-06-23

NEW YORK, June 2S.-Government bonds
are quiet and steady at unchanged quota
tions, except the AZ per cents, which are
down Il. There was little more business IL
state bonds this afternoon and quotations arc
steady. There has been an enormous bust
ness to-day in West Shore lists and Erie 2n6
consolS, the sales of the common alone being
about double an average days business III
the whole list. The same influence that oper
ated in the decline in Vanderbilts caused 6
break in the West Shore lists from 3815, al
which they sold in the morning, to IS, from
which they rallied to 3S, but closed at 353a, a
net loss OF 81 per cent. The transactions in
these bonds during the last hour amounted
to SSl5, 600, and for the day to $2,261, 900. The
transactions in Erie consols aggregated
$l,3l0,000 the bonds declining at the same
time from $50, at which they opened, TO 1875
at which they closed at loss of 21s pei
cent. The other issues were moderately
active, the sales aggregating S791, 600, making
total sales of all bonds to-day 81 1861, 900, the
largest business in many months in this class
Of securities. With the exception Of the
bonds mentioned prices are
GENERALLY HIGHER.
although q number Of issues displayed some
weakness in the early transactions. Chesa
peake & Ohio 6s series B, are up 2, st. Pau
tirsts SIS %, the Missouri gold Ss, the Oonsoli
dated Is l, and the terminal IS q, Iowa
Midland firsts u, Wisconsin, Winona & ST.
Peter frsts. ~, Houstan s. Texas Central
firsts, coupon off, 2, and the Western division
firsts, coupon off, l, Northern Pacific IS reg
istered Ia, Texas Pacific, Rio Grande divis
ion, IS IL. The new week opened on the
stock exchange with a strong and active mar
ket. First prices were in nearly all cases Is
to q per cent higher than the closing quota
lions last Saturday, and although some little
feverishness was shown in the early
%,aa Na%i 1-1L& L@44 r4<
and then strong, and so continued until
about O'Clock. It was simply a continue
ton of the strength and activity displayed
last week, without any spaSmOdic advances.
gains ranging in most cases from IS to Il pei
cent, but St. Paul, Louisville & Nashville
and Lackawanna rose q to 1s per cent.
with large transactions in the stock last
named. 1t was in Lackawanna that the
greatest weakness was displayed in early
dealings. 1t opened Is lower, and soon de
clined % per cent, to 1015s, but by O'Clock
it was again selling at 1895. A
DETERMINED ATTACK
was then made by some Of the leading beal
operators upon Vanderbilts and Lackawanna
which was continued throughout the after
noon and which resulted i'll a decline Of ia tc
80 per cent. for those stocks from the high.
est prices of the day, and of l to l5s per cent
for the remainder Of the list, except Union
Pacific, which only fell 81. but which rose in
the forenoon only n. The market closed
weak at or within "a per cent, i'll most cases OF
the lowest prices, and u to 2 per cent. lower
than the final quotations on Saturday. The
heaviest decline was in New York Central 2
per cent, but Lake Shore and Michigan Cen
tral are off Il each, and Central of New Jer-
sey IA per cent. The other declines were
for fractional amounts, Union Pacific and
Northwestern each showing a loss of q, Can
adam Pacific %, Western Union 5s,sand Pa
cific Mail, Manitoba and Omaha preferred
and Northern Pacific preferred each "a per
cent. The
EXCEPTION TO THE RULE
is an advance of q in Louisville & Nashville.
The break this afternoon was accompanied
by statements that the alleged scheme for the
settlement Of the troubles between the New
York Central and the West Shore had been
broken off, and various other reports OF
similar nature. Late this afternoon dis
patch from Chicago was received and circu-
lated on the street, however, to the effect
that the pool agent there was in receipt OF
adviceS that general restoration of freight
rates will be ordered to take effect on July l,
when it is expected the traffic association
will begin operations, and that passenger
rates will be advanced tomorrow. The total
sales to-day have been the largest for some
time past, amounting to 214,200 shares, and
the business was very well distributed, there
being no very active stocks except Lacka-
wanna and ST. Paul. The total sales of stocks
to-day were PA ,233 shares, including Lacka-
wanna, A. $50. Lake Shore, 10000; Louisville
81 Nashville, $4,000; Northwestern, 11,000
New Jersey Central, 21,000; Pacific Mail
1900; St. Paul. 10000; Union Pacific, II, 600
Western Union, 600.
Q QUOTATIONS. OF STOCKS AND BONDS.
Following are the closing prices bid yester.
day and the three preceding days: