St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-11

there with private wires the re. There is
hrm, Savin d Vanderhoof of this city, which
Is known rs ST. Paul spec iali SITS. Wander
moor Is at this moment with the junketinga
party on the road. Savin is reported as the
largest seller of st. Paul in New York yes
terday and to-day. The
MARKET OPENED IRREGULARLY,
five stocks being H9A lower and others i
@15 higher. while Rock Island was q bet
ter. For the first hour prices ran off freely.
but under vigorous realizing: but toward
the noon hour the market rallied when i'm
some stocks the earlp decline was regained
while Others were dun and dragging. Lack
awanna was strongly i'm the lead. and sold
from % TO 93S{ in a few minutes. bet at
that point somebody took hold of II and
stopped the run. Erie seconds showed good
strength. selling up from 529< TO 53SS dur
ing the forenoon. New York Central was
steady and firm. and Lake Shore active and
higher. selling up TO 5Sl1. The Changers
were well held up St. Paul staying around
20 and Northwestern near 935<. Union
Pacific continued TO show weakness, and
the same was true of Pacific Mail. West
Shore bonds We're little better off from
the effect of the statement made by the
North River Construction. company yester-
day. Some.
ORDERS TO BUY ST. PAUL
are said to have come back from members
of the excursion, but the boom is a little
slow, Notwithstanding all the heroic eXer-
tons made TO give. it eclat and power.
Omaha preferred and Manitoba jumped
around in full point quotations for a little
while at the opening and then subsidized.
The earnings of st. Paul for the first week
in July increased S6.947 Morgan and
White were open sellers of Lackawanna
yesterday. While the bulls in New York
Central have taken their profits, Western
Union is held between 81 and 611S. The
story about a union between this company
and the Baltimore 4 Ohio is denied by the
latter. There were no signs of unloading
to-day, and they were kept well in hand
right up to the finish. There was some
buying in under the rule of Central q Hud-
son and st. Paul at the clofe. The market
wound up quite firm throughout, with
about the best figures of the day ruling.
when business closed. Manitoba rose to
995S.
NEW YORK, July IO.-Government bonds
quiet, but quotations firm. State bonds have
been neglected. There was again very heavy
trading in West Shore firsts, increased ac-
tivity in Erie second consols. The sales of
the former amounted 10 S2,2Gs, 600. and OF the
latter to $4,000. The activity was accom-
panied by u decided advance in West Shore
firsts, which rose from 361S, at which they
sold during the forenoon. 20 3SlE. In the last
hour they declined 10 371<, and closed at 355s,
n net gain OF q per cent. Erie second cOnSols
went TO 81 after selling as high as 541s.
There was moderate business in other issues,
the trading in which was well distributed.
Prices are generally higher. The stock mar
ket has been irregular and unsettled 10 an I'M
usual degree to-day, the movements in certain
stocks apparently being quite independent of
other active shares. The total sales were
only 10000 shares, n decrease from yester-
day of 95,2 200 shares. Lackawanna, st. Paul
and New York Central contributed over 80
per cent of to-day's dealings One OF
THE SPECIAL FEATURES
of the market was the strength I'm Wander
bits on a growing impression that the effort
10 adjust the differences between the New
York Central and the West Shore on the one
hand, the Pennsylvania and South Pennsyl-
vania on the other, is meeting with consider
able encouragement At least IL is conf
IDENTIFY predicted that the whole railroad
troubles, as far as the trunk lines are con-
cerned, will be speedily settled, anditis known
that more than usual effort for some time
past is being made in this direction. 1t is
said that Mr.. Henry Tyler, president of the
Grand Trunk, who sails on his return
trip to London tomorrow, feels
considerable confidence in the success of the
effort made by himself in this direction,
which was one of the principal objects of his
visit TO this country. 1t is confidently stated
that some of the intimate friends of the
managers Of the different lines have been
heavy buyers OF stock during the past few
days. New York Central opened at s7ss and
sold down quietly to s7k, then steadily ad-
vanced until it sold at SI7s. Later il yielded
to IS, rallied 10 $50 and closed at 1855, a net
gain of q per cent.
LAKE SHORE Is Up
Is per cent, with corresponding changes in
quotations and with fluctuations of l u per
cent Western Union on a small business is
g higher. and Chicago, Burlington Qui ncy,
which was more active than usual for that
stock, shows an advance of = per cent. With
these exceptions prices are at the close = 10
y per cent. lower except Lackawanna. which
stock shows net loss OF q. Some of the in
active stocks are also down more than 4 per
cent, Omaha preferred and Reading each
showing a loss of =. The grangers, led by st.
Paul, were comparatively steady, the
stock mentioned selling. however,
down to 725s and back TO 49,.
Later it fell again TO ~, rallied TO %, and
closed at 721s, a loss of = per cent, but when
the Nanderbilts were strongest il was barely
steady. Northwestern was less active, and.
with fluctuations of only = per cent. is also
4 down. It was announced that $500, 600 of
100000 due to-day, being the seventh Install
ment Of the South Pennsylvania subscription,
was paid before noon.
THE SALES.
The sales of stocks to-day aggregated 49,
III shares, including: Delaware, Lacla-
wanna g. Western. "a. 500: Erie, 400: Kansas
& Texas, 1910; Lake Shore, p, 1850; Louisville
g. Nashville. Il,s05; Northwestern, 4,l05; New
York Central 23,250; Pacific Mail. 1870; st.
Paul, 81, 0lS; Texas Pacific, $3.50; Union Pa
ciic, 6,3S5; Western Union, $3.50.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding days: