St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-05-04

NEW YORK, May 2.-Governmcnt bonds
have been quiet and strong, the As advancing
Is, while the threes yielded to 1925 bid, ut
which sales were made. Other quotations
| were unchanged. State bonds have been very
quiet and quotations about steady. Notwfth-
standing the extreme dullness in the stock
market railroad bonds continue quite active,
the total sales to-day being 124, 800 shares
The business was not as well distributed,
however, as for some time past and there was
large trading in Metropolitan Elevated sec
onds, Missouri Pacific firsts, Erie seconds,
now and some of the Missouri, Kansas &
Texas issues The sales of Erie seconds now
amount to $4,000. The fluctuations FOR
the most active issues, however, were not
wide, aud prices this evening of bonds traded
in are irregular. The week closed at the
stock exchange to-day without any material
change in the general situation. The stock
market continues very dull, but at the same
time it is very firmly held. The advocates OF
higher prices in the near future insist that
the stocks are neatly all lodged in strong
hands, making it practically Impossible FOR
the bears to shake out any considerable
amount by their hammering processes.
Prices were a shade lower this morning on
renewed attack by the bears upon the whole
list, but declines were very small During
the reminder of the day the market contln-
ucd dull and strong until late in the AFTER
noon, when it yielded and closed firm at the
ness Of the market may be obtained from
the fact that only two OF the
unusually active stocks showed extreme
fluctuations between 10 and o'clock of more
than % per cent, the two stocks mentioned
being New York Central and st. Paul, each OF
which was traded in within range Of Is per
cent. The dulness is indicated by the state
ment that the sales amounted to only 112,200
shares, only one stock, st. Paul with $4,000,
showing a business for the day amounting to
as much as IL, 900 shares, and SO per cent. OF
the business was confined to Eve of the US
ually most active stocks. The result of the
late decline left most of the active stocks Il
shade lower than last evening, but the
differences are only Is to IS per cent.
Union Pacific and Missouri made
leading bull operators claim to have
been letting the market alone simply to dis
play its inherent strength, and that demand
and a decided upward move will be started
next week in which Union Pacific. Western
Uuion, Lackawanna, Northwestern, Missouri,
Kansas s. Texas and Pacific Mail will be the
prominent stocks. There is renewed talk of
an effort to induce Union Pacific directors to
resume dividends on July l. The total sales
this week amounted to only 755, 900 shares, a
decrease from last week of 100000 shares.
The changes in prices as compared with last
Saturday are unimpOrtant, being in most
cases for less than per cent Omaha pre-
ferred is "a lower. ----o -
The sales of stocks to-day aggregated 112,1
159 shares, including Lackawanna,a $780,;
Northwestern, 5000; New York Central no.
400 Pacific Mall, 5000; St. Paul, IS, 400; Union
Pacific, $500; Western Union, 6,400.
QUOTATIONS OF STOCKS AND BONDS.
J.