St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-02-21
Western Associated Press.

! Western Associated Press.
! with unchanged prices
! State Securities-Strong on limited business
/ At the stock exchange dealers report good out
| side demand.
| Stocks-Repewed activity In to-day's stock
market, accompanied by very decided changes in
the course of prices, made the market steady
at the opening, and early dealings gave indica-
tons OF disposition TO hesitate. during which
prices fell OF slightly. This was quickly fol-
! lowed, however, BY an infusion OF new life and
strength. Before the end of the first hour
| Delaware, Lackawanna & Western sold above par,
point it had not reached since Dec. 12, 1884,
and nearly everything else on the list was from
! = to z per cent. a ,ove the opening quotations.
| II at this time that the highest prices Of the
day, with few exceptions. were made. Although
| the market continued fairly active, it was frac.
I tionaIy lower by midday, and for most stocks
! continued steady until nearly o'clock when an
/ active selling movement set in. which continued
until the close of the board. and which crus shed
| prices down to tie lowest fgu7es of the day and
! generally from = to < per cent. lower than
/ they closed last evening. The feature of the
( market tradinr in Lake shore and Delaware,
! LackawaunR e Western. II was most posi-
/ lively asserted early in the day. and the report
/ widely distii Juted, that the settlement between
/ New York Central and West Store has so nearly
l been made that rates on both freight and passen-
/ gers would be fully restored in the next forty
eight hours. The report was kept alive ia various
forms until late in the afternoon, notwithstanding
/ West shore officials dIsclaimed all knowledge Of
anything gpon which to base the statements
made, and Lake Shore proved Al exception TO
the general rule Of the market by touchi = its
I highest price ju4t after . o'clock when il sold
! at IS The only other active stock viii ch was
exceptionally strong So this time was Delaware,
LacSawauna 4 Western, which after selling in
the afternoon al i0DS, declined rapidly to 99Il,
and persi.ientlg advanced from that price to
lOlS Al the beginning OF the last hour. Its
course therefore steadily dow n ward until 1t
reached 99t. and closed on n slight rally at 91IS
q net advance for the day Of Only Is per cent.
The leading manipulItors OF this sjo k conf
dently predict further Advance for it OF 10 to Is
per cent. in the near future. In the anai trade
Lake Shore also fell Ia per cent. and closed al
s.. a loss from yesterday Of per cent. New
York Central experienced still heavier decline
sci ing down "a aud closing at 93ss. II was
believed there wa heavy selling OF this stock for
account in the bull pool. The street IL becom-
ing greaIy puzzled over the course of Chicago,
Milwaukee, & 81. Paul. For some days past,
when the general market has been weak. thai
stock was strong ana when the whole market
rallied Chicago. Milwaukee & ST. Paul became
weak again. II was prominently weak to-day in
the face o, the general advaace, and the at
hour sold st II I, closing AZ Il :, loss Of per
cent chicago * Northwestern was also per
cent lower st ee&. Another notable weak
stock was New Jersey Genital, whi-h on light
transactions declined - der cent. 70 IS. The
total sales amounted 20 335 -. shares a gain
over yesterday o. nearly 100 shares, OF which
Delaware. Lsckawanna 6 Western and Chici 60
Milwaukee & -. Paul contributed total Of
over IS per cent for three stocks. There was 3
good business done il railroad bonds and prices
were higher With few exceptions. The leading
brokers report a steady iucrssse in Investment
orders Tor this class OF srcuriii with few BONDS
oTsring. Il Is invr sinent issues that show the
the greatest advance. Erie cad new and West
Shore lists. which sre traded in on speculative
accoaut. are each per cent lover. the former
n IS after opening AZ s., and the latter Al 3jii
after selling q g. Missouri Kansas & Texas
issues have been strong OF reports early OF the
opening OF Indian territory, whch i Is claim Z
vii add largely u the earnings OF that road.
General IS are 20 tay per cen. higher az 50.
an generals = per cent. b ,ncraf 81. Toledo
& Wa1aSh eOasol> converuo.-s gained per cent
~ -. AMI IS -. Louis digisioal per cent a.
leo. Alton & Tere Hsaje vision bond- are
also up Per cent a, 81. and s. Loai- Kansas
City < NoTthera tOnahs divisioa) ISIS :. per
cent - I8II. Cumberland & Peuasy lvsuis 80
rose > per ceot. 70 i09 OF View JERSEY Central
issues. LIST coasol assess (coapoa of are :. G.
cent higher ~ %. after selling a. % = aad Goa
v;rii5,es assessed show an equal gain a 9sss
Louisville & Nashville general g. rose % Per
ceut. 70 So 81 Louis Iron MOanisia.
cairo. Arkansas & Texas. lists gained per cent
A. los. std Colorado Coal & Iron ists are up =
per cent az 6Oa. HoGstoa STezss Genital lists
main lius CeoaPou OF so.3 at 6 ,. al aivaucs
o. = pr cent. While these Vas Gee re Of
per cent in western division eOad (eoapoas of
a. 50
The Transactions Aggregated sss. 900 shares.
Delaware Lsckswanna < Western $1,000.
Lake Shore 5000. Chicago s Northwestern