St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-04-08
THE MARKET RECORD.

Nyw YORK, April 7.-Government bonds
Quiet and unchanged
State securities have been neglected.
Railroad Bonds-The market has been more
active to-day, the total sales being 81 ,421 200,
an increase over yesterday of about SIS 900, and
prices this evening are irregular as compared
with the last previous sales. The changes, how
ever, are in many cases for only fractional
amounts. Erie end new continues active, and
there was considerable business in Chesapeake q
Ohio, West Shore lists and the Nickel Plate lists
Mr. Huntington, president of the company, says
he thinks the interest the lists will be- paid at
maturity, but he is not positive. He says the
company has not earned its fixed charges,
after paying for improvements, operating ex-
penses, etc.
Stocks-The total sales to-day on the stock ex-
change foot up 1852 shares, which IS
moderate increase over the last few days out
the gain was confined principally to one STOCK
Pacific Mail, the total transactions IN whlcn
amounted to So, 800 shares. Seven other STOCKS,
Delaware, Lackawanna q Western, western
Union Telegraph, Chicago. Milwaukee ot.
Paul. Northern Pacific preferred, Lake SHORE,
Chicago s. Northwestern and Union Pacific, IN
the rorder named contributed $4,000 shares,
leaving only 49, 200 shares to be distributed
among the remaining fifty stocks traded III d1rln9
the day. Prices at the opening were weak, Dut
after the first hour the market settled down into
a. dull and listless condition, and the changes
until the middle of the afternoon were only very
slight, expect for Pacific Mail, which was heaVy
all day. Late in the afternoon the weakness
extended throughout the whole list, ana prices
this evening are generally a to per cent. lower
than they closed yesterday. The air has been
full OF bear rumors for the past twenty-tour
hours regarding the Northern Pacific property
and it has been repeatedly stated that the COM
PAW would not be able to earn its fixed charges
during the current fiscal year. President Harris
of the Northern Pacific says this statement is
absolutely false in every particular. In the first
place the fixed charges are only little more
than third the amount stated in the reports
afoat, and further that the company does not
own dollar of unfunded debt which it has not
cash or cash recelvables to meet, and that every
dollar of the money due to meet fixed charges
is in the bank Although this statement was
circulated on the street before the board closed,
the final prices of the Northern Pacific show
gain of only "A per cent over the lowest of the
day at 165S for the common and 3S2s for the
preferred This is decline in each case of q
per cent. from the final prices of yesterday.
Central Pacific is down g per cent. at 30A. 1t
is stated that the directors have decided to pub
lish the lease of the Central Pacific to the
Southern Pacific company in the forthcoming
annual report of the Central Pacific, which is to
be issued in u short time. Oregon Transconti-
mental is down Il per cent at II q, and Oregon
Railway & Navigation "a per cent. at 61A. 1t
is stated that there was no meeting of the direc-
tors of the company here to-day and that none
will he held at present. Lake Shore lost 3 per
cent at 5914, after touching SO, and New York
Central is per cent. lower at $50. Delaware,
Lackawanna s. Western is down % per cent. at
1O4 and Delaware & Hudson q per cent. at 78H.
The final prices are generally at or very near the
lowest OF the day, and the market closed weak
at the decline.
The transactions amounted to 10000 shares:
Delaware, Lackawanna Western $4,000,
Lake Shore II, 900, Chicago 81 Northwestern
II 900, New York Central 5000, Pacific Mail
$4,000, Chicago, Milwaukee & st. Paul $4,000,
Union Pacific II 900, Western Union Telegraph
1900, Northern Pacific IL, 900.
QUOTATIONS OF STOCKS AND BONDS,
Stocks and bonds closed at the following
prices bid
Three per cents Ok Lake Ere u ". 12x
AVS coupons. ...l121s Lake Shore. SO
T. news 4s....12fA Louisville q NJ. 30X
Pacific Us OF '95. .i25 L., Il. A. u g.. "a
C. p Bonds. 1sts.11 n. g. c. 1st pfd.. 10
Erie seconds ..... 50 do2d pretd...
Lehigh & w.. 80 Memphis q Co.. 37H
La. consols. f312 Alcn Centra.. 90
Missouri Is. 1854 MINIS q st. L.. III
ST. Joe. lis do preferred. 25
st. p. Il S. e. Isis. 1l7M MISSOURI Pacific. 0OM
Tenn. Is. DID,. 46ia Mobile IL Ohio. s
Tenn. 6s new 46M Morris & Essex. .120
Tex. P. grant B.. 80 N, c. & st. L.. SO
90 Rio G. div. 5lH n, j. Central. -. 32H
up. 1sts.......113 Norfolk 81 W. pr. 21A
do land grant. 1O4H Northern Pacific. 1914
Sinking fund. ..1l0Z do preferred. 3SA
Virginia 6s...... 80 Northwestern. 0SS
Consolsi -.,..... ~ GO preferred. LOU
Deferred. 4 Ohio Central..... q
Adams Express. .133 n. l. Central. -. SSA
Allegheny Cent. ga Ohio q Miss l314
Alton Il T. H.. 20 do preferred. IS
do preferred. = so Ontario IL West. S51s
American. ..... 81 Oregon Trans. liz
b.. C. r. & NJ. sc Pacific Mail. go. 4S1
Canadian Pacific. 374 Panama.. 80. go
Canada South'n.. 2s4s Peoria. d. Il E.. 12H
Central Pacific. 800 Pittsburg =. ....140
Chesapeake q o. 2b Pullman Pal. Car .1l3
do LIST pref'd... Reading 80. 144
do % pref'd... "A Rock Island lib
Chicago Il Alt. .l35 81. l.. q ). F..... 1874
do preferred $50 do preferred. 32A
C.,B. II ......l2lh do LIST prerd... so
c. St L. IL Y o. SO Mil. & St. Paul.. SO
st. L. II Pitts. do preferred. 10Sn
do preferred. 10 st.Paul u Man.. 81
C.,S. g. Cleve -, 81 St.Paul 81 Om'a.. "a
Cleveland & COL. so do preferred. so
Delaware Il H.. 7Sz Texas Pacific. On
Del. 81 Lack. ..103s Union Pacific. AN
Denver i X. Co.. United States. So
Erie. .......... 125s W.,St l.. p. 4
do preferred. = 90 do preferred. 10
EastT. V. & c.. 3A Wells & Fargo. 109h
do preferred. 5h Western U. t.. 55S
Fort Wayne. ....126 o. r. NJ. 81
Han. & ST. joe. 3S Oregon Imp. -. 90
do preferred. = ssX Colorado Coal. .110b
Harlem. .........195 Homestake. -. II
Houston & Tex. II Ontario. ......... 17X
Illinois Central. .125& Quicksilver. -. 3
Ind, b. IL West. 10 40 preferred. %
Kansas Texas. TX Sutro. 10
sex. mat. coup. *Bid. ASKED sEx-div.