St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-07-03

and the Gould stocks, except Pacific Mail.
The business of the day foots up nearly as
many shares as yesterday, but the dealings
in Lackawanna grow less day by day, the
sales to-day being IS, 400 shares. There were
transactions in Pacific Mail amounting TO 49,
loo shares, in 81. Paul TO LAS and in North-
western TO $4,000 shares. These were
THE ACTIVE STOCKS.
Pacific Mail developed an early weakness,
selling down from 1875 ut the opening TO AK
during the forenoon. In the afternoon il was
less active, but yielded TO a, from which il
rallied in the last hour to AIS and closed with
a net loss of rs. 1t is semi-officially an
nounced that the usual dividend will be de-
clared about the middle of the current month,
when the company will show enough cash TO
hand to pay the dividend and still have a sur
plus of Si00,000 1t was announced early to-
day that the Reading company had stopped
sending daily rcmittances TO the Jersey Gen.
trial, and later that the counsel for Jersey
Central had been i'm conference with the presi-
dent most of the day, preparing papers TO be
submitted TO the court, asking that the lease
to the Reading be set aside and the road re-
stored TO its stockholders. There was some
activity in the stock this morning. and after
fiuctuating considerably il closed with a net
loss of ia per cent. Lackawanna opened at
81, sold down quickly to 90jS and then devel-
oped considerable strength in the forenoon,
during which il rose 10 921<, but il fell later
~ Iutss fGll4Nu 10 30 GloStu an lQNNnCc
of y per cent, the only active stock that is
higher than il closed last evening. There
were various rumors in circulation ON the
street respecting the efforts now being made
to bring about
AN UNDERSTANDING
between the New York Central and the Penn
sylvania railways, none of which were con-
trmed. 1t was generally understood, how
ever, meeting was i'm session to-day at Mag
ara Falls, called for the purpose of restoring
eaSt-bound rates on passenger business. New
York Central is unchanged, after n fiuctua-
ton Of only = per cent, and Lake Shore is
y lower, with fluctuations of Is per cent. 1t
was said London committeS, representing
New York Central stockholders, is expected
TO visit this country soon, for the purpose of
looking into the management of the New
York Central and especially into payments
made in the way of dividends to fast freight
lines, elevator and sleeping-car companies,
which ii is claimed are owned principally by
some of the officials of the company and
which are receiving regular dividends, while
the dividends Of the Central are being cut
down with a prospect of being passed entirely.
st. Paul was dull in the forenoon and more
active after midday, with prices steady at
fraction above II, until about p. m, when
il broke rapidly TO 7015. After a rally 10
705s, it sold down in the last hour to 20, of
which IS per cent. was subsequently recov-
cred, the net loss being rs per cent. Room
traders claim that they detected the stock
attempting TO realize, and the breaks referred
TO immediately followed. Northwestern is
also down l x, within "a of the lowest price of
the day. The market closed strong from
lowest prices. The total sales of stocks to-
day were 20G,9S2 shares, including Delaware
Lackawanna q Western, $3.50; Lake Shore,
S,275; Northwestern, 1880; New Jersey Cen
trial. Il, 635; New York Central, IL, $40; Pacific
Mail, 46,12O; st. Paul, 30. l45; Union Pacific,
1855; Western Union, 1885.
QUOTATIONS. OF STOCKS AND BON DIS.
Following are the closing prices bid yester-
day and the three preceding days: