St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-12-16
MARRETT & POWERS,
GRAIN, PROVISION AND STOCK
BROKERS,
3O7 jackson Street. St. Pa

NEW YORK. Dec. 15.--Government bonds
were active and strong to-day. State bonds
were neglected. There was less activity in
some Of the speculative railway bonds to-
day, and the total sales show loss, of nearly
81, 900. 600. The aggregate was S2,511, 900.
The Texas Pacific Rios show gain of l Is,
with sales OF $4,000 Erie seconds are up
l. the transactions amounting to $4,000.
Nickel Plate firsts were steady at decline of
81. The present decline in stocks. which was
the most conspicuous feature OF the dealings
Saturday and Monday, received decided
check this morning. The bears were on hand
ut the opening i'll force 10 press the adj
vantages already gained. but they were met
by a free buying, which made opening prices
somewhat irre2 uilr, and the early dealings
showed considerable feyeriShnesS. Excite
nent however, and extreme activity were
confined to the first hour, and any appearance
Of weakness was dispcled long before the end
OF the day. With I less active market prices
continued to hove upward until after mid
day. during which taere were advances for
the active list of l 10 >. Union Pacific, Jer-
sey Central and Lake Shore were the most
conspicuous for the gains made. Later there
was II Gecline Of fractional amounts, except
in few instances. where the losses
amounted to IL to IL, notably Northern
Pacific preferred. and Union Pacific. This
was again followed, however, by good buying
prices were within small fractions of the best
prices of the day, and ranged from to per
cent. higher than the closing quotations last
evening. The average advance to-day is
considerably greater than the average loss
yesterday. As was the case yesterday, the
heaviest trading was in Lake Shore and St.
Paul. There was activity and
COMPARATIVE HEAVINESS
in Northern Pacific, with moderate trading
in Lackawanna, Union Pacific, western
Union. Oregon Transcontinental, Missouri,
Kansas Il Texas, Texas Pacific and North
western. and light sales for the rest of the
list Among the many rumors afioat was the
statement that the Nauderbilts had come to
an agreement to protect the price of the
stocks left by their father and that to-day S
buying was largely for that account. Natu-
rally nothing definite could be learned in re-
gard to the matter. With sales of 145, $50
shares, Lake Shore, after opening at S134, adj
vanced to $685. in the forenoon, and to 81 Il
late in the afternoon, closing at 81, gain of
11s per cent. New York Central, on small
business, is up IA, Canada Southern, l; the
Canadian Pacific. l. The Changers are also
very strong. Northwestern and St. Paul
each scored 11s per cent. Northern Pacific
was unusually feverish and after opening at
5s3s and selling 4 higher. it yielded to 511a,
rose in the forenoon to So sold again at 81,
but was conspicuously strong in the final
dealings. rallying to 5S1s and closing with a
net gain of rs. Wall street has been flooded
with rumors in regard to Texas Pacific for
week past. The statement comes from what
is considered to be trustworthy sources that
the company last week permitted a note to
go to protest which had been
given to the Missouri Pacific for
money advanced. One authority places the
amount of the note at 81, 100000. Unless the
security holders come Immediately to the re-
lief of the Texas Pacific the street argues
that the foreclosure is inevitable, and rumor
says that the papers are now being prepared
for that purpose. The stock closed with a
loss of 4, the only active stock which shows
a decline.
The total sales of stocks to-day were 594, $50
shares, including: Delaware, Lackawanna &
Western, 81, 500; Erie, 1896; Kansas Texas,
%, e25; Lake Shore, 1866; Louisville s.
Nashville, 10,5 $50: Northwestern, 2l,SS5; New
Jersey Central. 1910; New York Central. H.
365; Pacific Mail, 12,0S1: st. Paul, 81, T25;
Texas Pacific, 21.62O: Union Pacific 80, $50;
Western Union, 24.s60: Northern Pacific pre-
ferred, Al, 152; Oregon Transcontinental 29,-
$50.
QUOTATIONS OF STOCKS AND BONDS.
Follow ing are the closing prices bid yester-
day and the three preceding business days: