St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-08-22

and the same is true OF all the other par
ties Who are trying to bid up prices on the
present situation. Yesterday afternoon
the market closed weak, and il was ex-
pected that more weakness would De dis
played this morning, but TO prevent this
additional exhibition the leaders went in
and took hold of two or three properties
which could be easily handled. and BY
bidding those up rapidly diverted the at
htention of the would-be sellers until the
market got steadied down, and then bull
manipulation was over. The Omahas were
again higher, although the earnings of the
road during the second week of August
decreased So, $50. The Changers were a
little slow, especially Northwestern. ST.
Paul was marked up half point, and then
lost it. Lake Shore was also boosted" a
little. and then dropped back. In short,
there was
NO SNAP OR VIM
in anything except the two stocks already
mentioned, and the movement in these was
50 bare-faced and thinly disguised that ev-
cry one laughed at the ridiculous effort.
Gould was said to be getting more builish
on Western Union. Chicago sold the
Changers heavily yesterday. Large blocks
of St Paul were offered without takers
although the stock was marked up by buy
ing and selling ten share lots. Erie and
New York Central are at lOggerheadS over
west-bOund passenger rates. The earnings
of Oregon Navigation company fer August
increased $50, 900. About thirty minutes
before the close there was a fresh
bulge in Omaha preferred, followed by fur
ther improvements all along the line, the
market becoming quite buOyent. The Min
heapolis s. 1t. Louis properties were again
also. Ii was stated that the operator re-
ported in trouble yesterday had not vet
covered his short stocks. and did not pro-
pose to do so. This tickled the bulls, vino
are keeping supply on hand with which
10 supply demands later on. There was
considerable hammering of the market to-
ward the finish and quite a tussle To see who
would be victorious At the end neither
party could claim much of victory as it
turned out.
New YORK, Aug. 2I.-Government bonds
- very duh, but steady, the IS recovering
the morning loss. State bonds have been
more active and pricesostronger. There W
only moderate business in railway bonds
the total sales amounting to Sl.7l4 600 Of
which West Shore contributed S4iaOGO and
Erie 2ds $42i,00O. The stock market has
been less active to-day and prices quite irreg-
kttis Win a very uct41t-tl GuklUCt IN INC DlQ9-
has. as one OF tine prominent features. The
marked opened somewhat irregular, but
within small fractions of last even
ing's closing, ANA after a slight decline
IN some cases, the general list stifIened aud
the highest prices Of the day were made at
IL O'Clock. The movements for the rest of
the day were quite Irregular, but about II
the active stocks closed AT fractional gains
over the last evenings final quotations.
Among the active list Pacific Mail shows "A
net gain of y, Union Pacific Is, Chicago, Bur
lngtoE Quincy =. On the other hand
New Jersey Central is down -. Western
Union and Lake Shore 3 each. The market
CLOSED ABOUT STEADY
at changes noted, but Omaha common is I'D
So and the preferred is per cent. higher ut
9515, after selling up TO 20. The great strength
developed in these stocks was due to the cir
culution Of numerous reports all tending to
SHOW the road was on terms favorable to the
0maha property. 1t was alleged that the
Vanderbilt party had been active pur-
chasers of the stock for some DAYS
past, and Vice President Sykes of
the Northwestern company said: The
properties are very closely allied TO each
other and the tendency OF the two companies
is 10 closer relation rather than to any disa-
greement. l have no doubt but that il will
result in ultimate blending of ownership, but
how soon or now much j have no informa-
lion. IL is announced that matters affecting
the reorganization of the Texas ST. Louis
railroad have made such progress Us TO
reasonably assure putting the road into good
condition for the cotton business from Texas
and Arkansas during the coming fall and
winter. 1t is expected that the gauge will be
changed 10 the standard width.
The sales OF stocks to-day were 29535S
shares, including Delaware, LGckawanna X
Western. %, $50; Lake Shore, %, $50: Louisville
& Nashville. 1884; Northwestern, II, eco;
New Jersey Central 3, 6j9; New York Central,
1925; Northern Pacific, i,l75; Ontario &
Western. 1925; Pacific Mail 400; ST. Paul,
l,12e; St. Paul y Omaha, $1,000; Texas
Pacific, 3, ASS; Western Union, Il .l60; North
ern Pacific preferred, A, 1888; Oregon Trans
continental, e. 5U4.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding business days: