St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-02-23
Western Associated Press.

Western Associated Press.
New YORK. Feb. u Governments quiet.
State Securites-Strong.
Stocks-The stock market was less active to-
day, but business has been well distributed. and
dealers report a good demand for all classes of
securities, including some which have been
neglected for many months past, and especially
low priced stocks Liquidation, which was the
feature of late trading yesterday afternoon, con-
tiuued this morning and still lower prices were
recorded for almost everything on the list, the
decline ranging from 4 to q per cent. During
the forenoon the market was dull and irregular,
but after the first half hour some of the weakest
stocks on the list. incluiing Chicago, Milwaukee
& St. Paul and Missouri Pacific, accompanied by
Delaware, Lackawanna Western, which gave
promise of again being the leader for the day,
began to move upward, and by noon an advance
of per cent. for the stocks mentioned, and
Delaware & Hudson, was established. In the
same time New Jersey Central gained 4 per
cent. and the rest OF the list showed fractional
advances Persistent and unhagging strength,
with moderate transactions was the feature of
the afternoons business. Gains over the midday
prices were not lar re ana the movement upward
somewhat errati, There was not a steady ad-
the hoard prices were about the best of the day
and from 4 to 20 per cent higher than at the
the same time yesterday. Coal stocks are con-
spicuous for their strength, Delaware d Hudson
advancing on small transactions from rs Il, its
lowest price, TO 49, and closing 22l per cent.
higher than Yesterday at 1873. Only 800 shares
of Delaware, Lackawanna Il Western sold below
par after II O'Clock yesterday, and from that
L. ,aNr, fa1
between 100 and 1904 and closed at 1904, an
advance or per cent 1t was claimed that the
New Jersey Centrals condition would be i'm
proved by the cancellation of its lease to Read
ing and that such a change will likely be effected
soon, on " hich the stock further advanced in the
afternoon until il sold at 80 a. at which it closed
q gain Of / 4 per cent. It was positively denied
during the day, that Vanderbilt had anything to
do with the recent advance in New York Central
and Lake shore, or hal lately held conference
with other railroad officials for the purpose OF
adjusting the differences between New York
Central aud West Shore. As these staten e1ts
were affirmed only yesterday, both New York
Central and Lake Shore took less prominent
position in to-days market. At the close Lake
Shore is at the highest price Of the day at $685.,
Il gain Of Z per cent, and New York Central
was up Z per cent. at 94ls after selling at 94l4.
Chicago Il Northwestern gained rs per cent at
81, and Chicago, Milwaukee 81 st. Paul, the most
active stock on the list, as measured by the num-
Der Of shares traded in IS z per cent. higher AZ
i2'f. after selling between Tx GT2ai. Northern
Pacific common was up e per cent. at 1Sa5 and
the preferred q. per cent, at 43iI, while Colo
orado Coal and Central Pacific gained each Ia
per cent at 1875 and 39% respectively. Other adj
.H rr,l tFf,
few exceptions closing prices reached yester-
days. the most important exceptions being
Delaware 4 HUDSON Northern Pacidcs and Cen
tral Pacific. Comparing prices this evening with
the closing qnotations last Saturday, the greatest
advances are shown IN coal stocks. the principal
gains being Delaware It Hudson 50 per cent,
Delaware, Lackawanna & Western IA per cent,
and New Jersey Central per cent. Lake Shore
was up = 2 per cent aud New York Central ga
per cent. while among the less prominent stocks
Central Pacific shows an advance of 81 per cent.
Northern Pacific preferred 3S per cent. and
Louisville & Nashville 2ii per cent. Union Pacihc
SIG per cent. aud Missouri Pacific !. per cent.
lower Business in railroad bonds was distributed,
but trading was for comparatively small amounts
in each case The tItal sales amounted 10
Sf.173.aO1. and quotations for this class Of
securities continues TO AlFance, very !aF-t gains
being made to-day for several issues. Colorado
Coal < Iron g. were not traded IN before the
regular bond calls, but they opened them Ia
per cent. higher at CO, and during the afternoon
rose TO S. with sales for the day at only 10, 0OJ
here was also a gain Of A.. per cent. in Lake
Erie & Western incomes at p, and > per cent.
in lists at -. In Denver & Rio Grande lists
there was an advance at 81 of per cent from
the last previous sales Of Feb. 10. Oregon In
provement company ists rose per cent 10 20.
Louisville & Nashville (MoDne) ends show gain
Of 4sf per cent. at 65it the 1910 Is are up2E
per cent al g. :. and trust bonds Gs Z per cent
al sIl. East Tennessee. virginia & Georgia >
az 90 Toledo s Wabash lists tSt Louis division
no., Houston IS Texas Central lists (main line,
coupon or at 92is, Hannibal X ST. 10 Is con.
salaated, aud Chicago, 81. Paul. Minneapolis &
Omaha lists az li9, are each per cent higher
Oregon Railway & Navigation SIS gained :, per
cent. lOlT. aud Wabash. II. Louis & Pacific
(Chiclgo divisiou) 5s = per cent. at IS. Texas
Pacific land grants are up = per cent. at as aud
Rio Grande division lists coupon are up x per
cent. az =.
The transactions aggregated 937, 600 shares:
Delaware. Lackawanna & Western 10000
Lake shore $1,000. Chicago 6 Northwestern
0 600. Nav Jersey Genital Hoo. New York
Central 2l,OCO, Chicago. Milwaukee s. St Paul
ll,OOO. Western Union Telegraph $4,000.
QUOTATIONS. OF STOCKS ,SD BONDS,
stocks aud bonds closed Al the following