St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-04-30

and another meeting is to be held to-day.
In the opinion of some of the principal
parties interested the time has not come for
a complete settlement of the existing diff
ferences. The vice president OF the Penn
sylvania company says, that railroad
business is sick. Even the old, staunch
road has been obliged to issue
a new $40, 000 900 collateral trust loan
The other roads want the Grand Trunk to
cut off the Lackawanna and West Shore at
Buffalo, and the Grand Trunk refuses to do
it. Mr.. Vanderbilt says the fight between
New York Central and West Shore will go
on. The report of the Rock Island for the
year ending March 81 will show that
DIVIDEND HAS BEEN EARNED,
but there has been considerable changes in
its treasury holdings. Deacon White is re-
ported to be still buying Union Pacific.
One house is loaning $4,000 shares of that
stock daily, which shows an enormous
amount of the short interest outstanding.
There is so much bear talk on the business
of the Pacific Mail that an inquiry on the
subject is to be made by the stock
holders. The Gould party still
talk about a slow rise in prices
Concerning Union Pacific it is a question
whether insiders were unloading at present
prices or whether arrangements are III pro-
gress for a squeeze of the shorts. The
Northern Pacific directors will oppose
guarantee of over per cent. on the lease
of the Oregon Navigation. The Oregon
Transcontinental owes Gould about Sc, 000,-
900 of borrowed money, and the latter has
a grip ON all the collateral stocks held by
that road, including some of the Oregon
Navigation. At the noon hour the market
was dull and about steady.
At the end the market was steady for
nearly all shares and Oregon Transconti-
neatal was decidedly firm.
NEW YORK, May 29.-Governments are firm
at unchanged quotations except the IS,
which are u higher. There was sale OF
coupon As at 1925. State bonds are quiet,
with slight changes in quotations in some
cases. The railway bond market has been
quiet, but the business done has been well
distributed. The total sales were 1876, 900, an
increase over yesterday of 10000. The larg-
est transactions were in Erie, Missouri Pa
cific and East Tennessee, Virginia Geor-
gia. Prices this evening are irregular as
compared with last previous sale, but the
changes in majority of cases are but frac-
tional. The stock market has developed no
new features to-day.
Immediately on opening there was a
heavy selling Of Union Pacific, and the price
broke from 1879 to 1875, with sales during the
first hour of 2, 400 shares. 1t is claimed by
the friends of the company that the short in
terest in this stock is as much as in all the
floating stock in the street. The decline was
checked after the first hour and from that
time until the close of the board Union Pacific
was dull but strong, closing at 1915, net de-
cline of "a per cent. Nearly so per cent. of
the first hours trading was in Union Pacific,
but there was also some selling Of Missouri
De-.
Omaha preferred the stock last mentioned
selling down ~ per cent. Other stocks
yielded only fraction in the early dealings
and after II o'clock the whole market became
strong and extremely dull and so continued
until shortly before the close of the board,
when there was slight rally, the market
finally closing at quotations which show but
slight changes from the active stock from yes
terday's closing, except Pacific Mail, which
led the late advance and shows a gain of 1s
per cent. 1t is thought that the buy
ing of Pacific Mail came from in
side sources. Omaha preferred is
down "a per cent. The other changes are for
small fractions The total sales to-day were
1925 shares and the only fairly active stock
was Union Pacific in which the trading was
30,070 shares. In no other case did the trans
actions exceed IL 200 shares and with the eX-
ception of Union Pacific, st. Paul. Pacific
Mail, Oregon Transcontinental, Lackawanna
and Northwestern, the sales in no case were as
much as 5000 shares. The firm of Harriet &
Noyes, one Of the Oldest and best known
banking houses in this city, expires to-nor-
row by limitation and the co-partnership has
been dissolved. The senior member of the
old firm. Mr.. s. J. Harriet, viii continue busi-
ness with his son under the firm name of S.
J. Harriet & Co. Mr.. Harriot's residence is
next door to that of Gen. Grant and has been
very kindly rendered to the Associated Press
and lIsad nv il headOuarterS during Gen.
Grant's Illness.
The sales of stocks to-day aggregated 49,
246, including Delaware g. Lackawanna 5000,
Northwestern $780, New York Central 5000,
Pacific Mail 10,T0O, st. Paul 10000, Northern
Pacific 30,700 and Oregon Transcontinental
9,400.
QUOTATIONS OF STOCKS AND BONDS.
IL llr,