St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-12-07
day, that the plaintiff had Withdrawn mis- suit

day, that the plaintiff had withdrawn mis- suit
had little effect on the market, though the
unmistakable tendency of values was up
wards. Northwestern was strong, advanc-
ing one-half point after selling eX dividend.
Bull points were again out on Kansas and
on Texas Pacific. 1t was stated that a
Boston syndicate had formed pool to adj
vance Texas Pacific ten points. The
fear of hostile legislation against
the land-grant roads. however, pre-
vented any very bullish move
ment in these securities. The expectation
of an advance on the announcement OF a
settlement against the New York Central
was not realized. After fractional rally,
the Vanderbilt stocks again sold off. Bull
points were again out on Wisconsin Central
and the stock advanced point. In the face
of decidedly strong market, the sentiment
was in favor of lower prices. 1t was
stated that strong bear party had been
formed with WOerishotfer at its head, and
this party, it was claimed, was steadily but
quietly selling out line of short stocks
with the intention of riding the market
later in the present month. In the last half
hour before the close the entire market was
bid up sharply, closing firm at an advance,
with the prospect of strong opening Mon
day.
NEW YORK, Dec 5-Governmnt bonds
were dull and steady to-day; state bonds
were neglected. There was little more
activity in the railroad bond market
to-day, but increased business was
confined to moderate amount OF specula-
ton in a few issues. The total sales were
S5000,0 600, including $4,000 shares West
Shore TRUST receipts, $40 900 Texas & Pacific
and RioGrande IS and S256, 600 Erie I'd consols.
The total sales this week amounted to little
over $14, 100000, against SIT, 100000 last week.
The absorbing topic of interest in all street
to-day was news respecting settlement and
withdrawal of the suit against the New York
Central by parties in Syracuse restraining
the Central from leasing or issuing bonds to
secure control of the West Shore
railroad, but details were slow
in coming to the surface. AT
the opening prices were generally from 1s01a
per cent higher than they closed last even
ing. and at no time did quotations of the ac-
tive list fall below yesterdays final figures,
with one or two exceptions. The upward
movement however, was SLOW and the oper-
atoms only moderate in amount. The total
sales were SCI, REQ shares. Lake Shore headed
the list, followed by Northern Pacific pre-
ferred and Erie. These were in fact the only
active stocks on the list. The greatest de-
cline from opening figures amounted to only
small fractions, and the market closed either
at or within shade OF the highest prices
reached. The advances range all the way
from "a to 2 per cent. The inactive
stocks, while strong, sympathized only to a
limited degree with the strength that was
such dominant feature of the days trans
actions. New York & New England is up 80,
Oregon Railway & Navigation ~, Northern
Pacific preferred 1Ss, Lackawanna lss, In-
dianapolis, Bloomington & Western IL, Lake
Shore and Louisville & Nashville each rs per
D+J1 80 =, old fiy-n icf
than per cent. There was a very decided adj
vance in Oregon Navigation after the an
nouncement of a dividend. Pacific Mail ex-
hibited decided strength on small transactions
and Western Union and the coal stocks were
quiet and firm. The changes in quotations
this evening from the final prices OF week
ago are generally for small amounts. The
active list is about equally divided between
advances and declines. Lake Shore is up z,
Lackawanna ~, Northern Pacific preferred,
New York and New England each n, Pacific
Mail and New York Central each IA, and
others smaller amounts. The greatest de-
clines were in Union Pacific 23s, Missouri,
Kansas g. Texas 21s, Western Union IA,
Texas s. Pacific 15s, Omaha common 15s.
The total sales for the week were 1883, 047
shares, a decrease from last week of 675, 514
shares.
The total sales of stocks to-day were
361, 100 shares, including: Delaware, Lacka-
wanna s. Western, q, 304; Erie, $1,000; Kan
sas & Texas. 1885; Lake Shore, 66,046;
Northwestern, s,7O5; New York Central,
14,s75; Northern Pacific, 6,9O5; Pacific Mail,
$3.50; ST. Paul, 26,750; Texas Pacific, 5000;
Union Pacific, 1850; Western Union, II, 800;
Northern Pacific preferred 35,035; Oregon
Transcontinental, Il, S35.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding business days: