St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-11-06
1875 was the figure named for Northwestern.
The tendency of the market is as heavy,
hOMaVar Under large realizing

NEW YORK, Nov, 5.-Government bonds
we're dull and steady Estate bonds were dull and
heavy. Railway bonds continue active and
generally firm, although quotations OF the
more speculative issues sympathizing in q
measure with the stock market. There were
sales of S3094. 900 of Erie seconds, consols
contributed SSS6000. The stock market was
very active most # the day. After an irreg-
ular opening feverish tone for short time
was quite strong until l o'clock, when 1t de-
veloped a decided weakness again, declining
from q to over l per cent. There was Pc
rod Of dullness after2 o'clock and prices were
about steady until late in the hour, when the
market was again taken in hand by the bulls
and a few stocks were advanced to 2 per
cent. The rest of the list followed slowly,
making in q majority of cases only fractional
gains The advance was not fully maintained
to the close, but the market closed firm at the
quotations ruling, which in some instances
the highest of the day. The total sales
foot 544, 900 shares. Eight stocks contributed
81 per cent. of the days business. Lake Shore
led with transactions amounting to 75,40O
shares. St. Paul was a good second with
sales of n, 900 shares. The transactions in
Western Union amounts to 81, 500 shares. The
next most active stock, Oregon Transconti-
mental, contributed $4,000 shares. The next
in order were Union Pacific, Lackawanna,
Northwestern and Northern Pacific preferred.
The advance which eliminated about oclock
carried St. Paul up2 per cent. from last even
ingS closing figures. Union Pacific went up
IL, Western Union Ia, Lake Shore In, North
western rs and Lackawanna per cent.
WESTERN UNION THEN FELL
from so to tS1a. Lake Shore from S45s to
1875, Union Pacific from 571s to 561a, New
York Central from 1864 to 1929. St. Paul
from $685. to 9215, Northwestern from 1l2a
to HIS, Lackawanna from 121 to 120 and
others smaller amounts. In the last ten min
uteS St. Paul advanced 2 per cent, moving
the net advance from last evening closing
figure 81, at which it closed. Lake Shore,
Union Pacific Il Northwestern each show net
gains of 17s,H of which was lost in the final
dealings. Other stocks, which to-day sold over
per cent. above the closing quotations OF
yesterday, were Western Union IA, Delaware
g. Hudson a, Canada Southern and Lacka-
wanna each IL, Omaha common 1. The
statement that 2 or large blocks of Union
Pacific stock had been purchased and shipped
to London is denied. 1t is claimed that story
was circulated to enable the pool to find
market for its holdings. Parties who insist
value, compared with other securi-
ties, give as the reason for their
belief the near completion OF the Canadian
Pacific and Atlantic & Pacific as connecting
lines, by which competing trains OF continental
routes are established thus making the COM
petition so lively that there must be heavy
falling fl in the Union Pacific earnings COM
pared with past years. A good deal of ''long'
stock was thrown on the market during the
afternoon break. The total sales of stock TO-
day were 544, 651 shares, including Canada
Southern $500, Delaware, Lackawanna &
Western 81, $50. Erie 25, 225, Lake Shore 75,4l3,
louisville s. Nashville 5,0TO Northwestern
&c O68, New Jersey Central $3.50, New York
Central 16.497, Northern Pacific 1885, Pacific
Mail $3.50, Reading 71,040, ST. Paul 20,9S5, st.
Paul L. Omaha S,405 Texas Pacific $780,
Union Pacific 29,1G5, Western Union $780,
Northern Pacific preferred 25, 720, Oregon
Transcontinental So, $50.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding business days: