St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-04-18


Central bonds were strong and sold up to
5SX, a rise of two points in
two days. That road is said to
be most excellently built, equipped and
managed, and is doing a very satisfactory
business. st. Paul earnings for the second
week in April decreased $40, 72S. There is
said to be a new deal in this stock, some
large holdings having recently changed
hands, and lower prices are
PREDICTED FOR 1T
by the old insiders, who have sold out. The
late bull party on the whole market is said
to be divided in counsel, and some of its
members have turned bears. The Gould
party thought the market would go higher,
but would only advise buying on the weak
spots. The Osborn crowd talked higher
prices. Mr.. Huntington of the Central
Pacific refuses to concede to the demand OF
the Union Pacific and Pacific Mail in regard
to the proposed Pacific coast pooling
arrangements. The market about midday
LOOKED 4 TRIFLE RAGGED.
There was considerable Union Pacific for
sale, and that stock went down with run.
The Lake Erie & Western securities were
demoralized Oh the report that there might
be default ON interest, and were quoted
three points below yesterdays figures.
There were points out early that Lake Shore
might be marked up, and after lowering
around 5SM it did suddenly advance to
595s, and as quickly declined to 5S1s. Dur
ing the latter part of the session Delaware
81 Laclsawanna got a setback, selling down
to 1O5. On the announcement that the
Omaha lines had restored freight rates the
market at last improved, prices were gener-
ally firm and so continued to the close.
NEW YORK. April 17.-Government bonds
are steady at unchanged quotations, except a
further advance in the IS to 10H bid.
State bonds have been quiet, and quota
tons in some cases are shade lower.
The railway bond market has been some
what more active, the business being well
distributed, with the total sales at 81 ,013, 500,
an increase of $4,000.
Prices are irregular this evening, but in
many cases higher. The peaceful tenor of
early cables and the advance in British con-
soils led to depression of prices on the stock
exchange this morning, the first sales being
made at q decline of 1405s per cent, and in
the early dealings still lower prices we're
made for most of the active list, but the de-
cline was quickly checked, and there was q
fractional rally before the close of the first
half hour. The market then became less act
i've, without the development of any special
feature, and so continued during the greater
part of the day, with slight yielding III quo
tations. In the afternoon Lackawanna de
veloped decided weakness, and the rest of
the list sympathiZed slightly, but in the last
hour there was renewed strength all along
the line and the market closed steady at the
advance. which leaves the quotations this
evening generally about midway between the
highest and the lowest prices of the day.
There were not many stocks In when the
fluctuations amounted to as much as per
cent, and only four show a decline OF as much
as per cent.
As compared with last evening, all the act
i've list is lower, however. The total sales are
242, 761 shares, an increase over yesterday OF
$4,000 shares, but of. to-day's business a per
cent. consisted of transactions in Atlantic "
Pacific, which opened at 1873, rallied later to
4614, again declined to 455s and in the last
hour sold at 1873, the closing quotation, loss
of "a per cent. The executive committee or
the Union Pacific company met to-day and
approved the plan recently proposed Tor the
settlement Of the difficulties between the Pd-
cific Mail Steamship company and the Pacific
railroads, at the Office of the Central Pacific
company in this city. 1t is also learned that
communication has been received from
President Adams of the Union Pacific in re-
gard to the proposed plan Of settlement, and
that the matter has been referred to the traf-
fic managers of the different roads for their
consideration and report. There were SIX
stocks on the list, Union Pacific, Lackawanna,
ST. Paul, Pacific Mail, Northwestern and
Lake Shore, which, in the order named con-
tributed so per cent. of the total business, the
transactions in the different stocks ranging
from 60, 100 to 20,240 shares. The trading i'll
no other stock on the list amounted to more
than $500 shares. Northwestern is this even
ing "A per cent. lower than it closed yester-
dBy, and st. Paul is down only %. Pacific
Mail shows q decline of a, Western Union %.
Lake Erie g. Western fell from ii to 81 and
closed at 9 on reports that the company was
in trouble, and that there was probability
that the interest on the Lafayette, Blooming
ton g. Muncie tirsts would not be paid.
The Mail and Express says: While there
was considerable strength in mining shares,
no one seemed anxious to buy. Holders OF
stocks are confident of a decided general adj
vance, and bullish feeling is in the ascend
ancy. There seem to be no developments in
the outlook at the mines to justify belief in
an advance of any proportion. Horn Silver
was the most active share to-day and sold at
220, Alice sold ut $780, Bulwer at 20, Plymouth
1877, Storment 240, Eureka Consolidated 800,
Best and Belcher 225.
Sales of stocks to-day aggregated 2i2 S6l
shares as follows: Delaware, Lackawanna u
Western, 1920; Lake Shore, 10000; North
western, 1000; New York Central, $500; Pa
cifc Mail, 27,000; ST. Paul, 80 900; Union Pa
cifc, GO, 900; Western Union, 5000.
QUOTATIONS. OF STOCKS AND BONDS.
Stocks and bonds closed at the following
prices bid: