St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-12

NEW YORK. July I1.-Government bonds
have been more active, and quotations are
firm. State bonds have been very dull and
quotations steady. The total sales of bonds
to-day were greater than on any preceding
day for many months past, the transactions
footing up S4,667, 600, but the sales of West
Shore lists, 81, $4,000, and of Erie eds, con-
soils, 81, 063 600. left only $4,000 TO be d.
vided among the other issues dealt in. West
Shore lists are up21s, at 40, and Erie eds. con-
soils. an equal amount at 561s. Prices are
generally higher. The stock market
has been steady ana strong all day
for the general list, while there has
been a decided boom in the Vanderbilts
and Western Union. The Nanderbilts were
influenced by the constantly growing belief
that the negotiations for a settlement of rail-
road troubles. so far as the trunk lines are
concerned at least, are making steady pro
gress, while Western Union had the benefit
of the commencement this morning of a
downfall OF another of its rivals and transfer
of the American Rapid Illinois wires 10 West
ern Union control. The course of the price
of the stock was steadily and persistently up
ward from 10 until o'clock, the slight reac-
ton which occurred not exceeding Is TO g
per cent, and being followed Immediately by
HIGH PRICES AGAIN.
In the last hour there was grand rush,
during which the stocks mentioned scored
further gains of over l per cent, but there
ings in the movement of New York Central.
Between the opening and ? O'Clock that stock
had made a net advance from $50, at which
it opened, to 80. In the last hour it rose
quickly from 30 TO 81. broke to sos, rallied TO
9l1s, sold again at 90Sz and closed on final
rally al the highest price of the day, 9114, an
advance from last evening of 23s per cent.
Throughout the day the sales were in most
cases in small lots, but especially so in the
last hour. The feverish condition of New
York Central was not impaired TO Lake Shore,
which was dull and strong after o'clock and
closed at the highest price of the
day. There was an advance of IL per cent.
between the opening and O'Clock. Western
Union rose from 81 TO 6315. and in the final
hour TO CAS-, closing at 645Z, a gain over last
evening of 25z per cent. The sales of the
three stocks mentioned amounted TO liz, 800
shares, while the total sales of all stocks dealt
i'm were 1900 shares. Six other stocks,
Lackawanna, 81. Paul, Northwestern, Louis
vile s. Nashville, Union Pacific and Erie con-
tributed 90,S00 shares more, leaving -, zoo
shares to be divided among the remainder of
the list. Central, of New Jersey is u below
the highest price reached, 59S<, with
A NET ADVANCE
of per cent, and Pacific Mail, which was
not dealt in during the forenoon, suddenly
sprung into activity in the last hour, show
ing gain OF rs per cent. Louisville * Nash
vile is up IL. Other advances for the
usually active stocks are Tar less than per
cent. There was an extraordinary amount
of business done i'm Erie, which rose Is, and
Union Pacific made an equal advance ON a
very small business. On sales of only 900
shares Canadian Pacific shows an advance of
| 31s per cent, and of the other inactive stocks
Canada Southern is up Ia, and Missouri
Pacific per cent. The market closed strong
at or near the best prices of the day.
Comparing prices this evening with those
/ of a week ago the most notable changes arc
the advances in the same stocks that exhib-
/ tied so much strength to-day. New Yors
| Central is up 6l4 per cent, Lake Shore 81
| and Western Union per cent. st. Paul also
/ shows net gain of 215 and New Jersey Cen
| trsl per cent, the other advances in the act
/ i've list being for less than this amount. The
total sales were l.O56,SO0 shares, which is 81,
| 600 less than for the preceding week of only
| five days.
The sales of stocks to-day aggregated 247,
! sos shares, including Central Pacific. $500
Delaware, Lackawanna a Western. p, l23
Erie, Il. $50; Kansas ~ Texas, 81, $50; Lake
! Shore 3S, 44O; Louisville & Nashville 1920
| Northwestern, 10,1I5; New Jersey Central
$500: New York Central. 1924; st. Paul
2,440; Union Pacific, 5000; Western Union
| 40,665.
! QUOTATIONS. OF STOCKS AND BONDS.
Following are the closing prices bid yeSter
day and the three preceding days:
/