St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-11-07

month of October. Canadian Pacific in
creased $4,000 for the fourth week of
last month and Illinois Central for the
same period increased $2S, 900. Money was
quoted at 8 per cent, and the rates for
Sterling Exchange were posted at decline
of q per cent The market during the
greater part of the day was fairly steady.
Toward the close Northwestern was adj
vanced q of point on favorable reports
from President Keep in regard to the con-
dillon and prospects of the road. st. Paul
also took squirt upward, but quietly
dropped off point again. The disposition
of traders, however. appeared to be to
scalp the market by buying on breaks and
getting out on small advance. Late adj
vices were to the effect that the Trunk line
pool agreement might be signed any mo-
ment, all details having been agreed to
during the last half hour Large lines of
stocks were thrown over, causing a sharp
decline in about everything, the Changers
leading in the weakness. Closing prices
were about the lowest for the day.
NEW YORK, Nov. 6.-Government bonds
were dull and steady; state bonds fairly ac-
tive and steady. A well-distrbuted business
continues in the railroad bonds. The trading
in some of the speculative issues, however,
sulting in considerable reduction in the
amount reported sold from day to day. The
largest business to-day was in Erie2d consoS,
Atlantic 4 Pacific and East Tennessee. The
stock market was less active and especially
during the afternoon. Total sales amounted
to 442, 500 shares. More than one-half the days
business was done in the first two hours. In
most cases the opening prices were about
the highest of the day, although Union Pa
cifc, which was very feverish and made
many fluctuations, finally touched the high
est quotation, $685., late in the afternoon.
Omaha gained q, st. Paul q, Missouri Pa
cifc X, early in the day. The opening quo
tations, however, were generally higher by q
to Is than the closing figure last evening.
There was considerable weakness developed
during the forenoon, followed by less active
and comparatively steady market. which was
again succeeded by a further decline. ac-
companied by
GREAT DEAL OF IRREGULARTTY
and feverishness at times. The market
finally closed in most cases shade higher
than the lowest figures of the day, but bottom
quotations were generally established late in
the afternoon with fluctuations for the most
active stocks of q to -. The market this
evening is from IS to 1ss lower than yester-
day, with exceptional further declines in
Michigan Central OF TX and New York Cen
trail of ~. Lackawanna lost 13s, West
ern Union, Canada Southern, Manitoba and
Missouri Pacific II, Northwestern 11s, and
others less than per cent. Nearly 40 per cent.
of the business was done in st. Paul with sales
60 3G5, Western Union So, 430 and Lake Shore
50.340 shares. They were also prominent for
fluctuations in prices. St..Paul sold quickly
from 9434 to 95$4, yielded in forenoon to 94s4,
and again sold to 9514 before midday. In the
last hour it again touched 94%, rallied to
95ss and closed at 94$4, net loss of u per
cent. Western Union was the highest at the
nd m tho mOrpipr declined tO
TSh, its lowest quotation. There was rally
to 1917, and late in the day a decline again to
TSA, from which there was an advance to
49, and final closing at 1875. Lake Shore
sold at S434, So, 1874 and S41a, and late in the
day broke from S459 to S35s and closed a
higher. Union
WAS PROMINENT,
an exception to general rule, by closing at an
advance of "a, at which it also opened, selling
from that price up to 5s5s, back to 5Sss, but
broke in final dealings to 57$s, and closed "A
higher with sales of 81, $50 shares. The street
was furnished with many reports from Com
missioner Fink's Office, purporting to give the
progress that was being made in the deliber-
ations among the trunk line presidents. but
the reports began by stating that President
Garrett of the Baltimore & Ohio was not
present, and subsequent explanations TO ac-
count for his absence were not accepted as
satisfactory by the street. 1t has generally
been understood for some time past that one
of the most difficult questions to be settled by
the presidents was that presented by the Bal
timore s. Ohio in its efforts to reach New
York President CARROTS absence to-day
was interpreted as indicating that he was
not in sympathy with the pending regula-
tons. This is denied from some quarters
and confidently believed in many others.
The total sales of stocks to-day were 452,540
shares, including Canada Southern. $500;
Central Pacific, 500; Delaware, Lackawanna
& Western, 1870; Erie, 1880; Kansas g.
Texas, 14,270; Lake Shore, 50,33S; louisville
& Nashville, 1920; Northwestern, 10000;
New Jersey Central, 14.465; New York Cen
trail, 6,4TO; Ohio & Mississippi, 5.7O0; Pacific
Mail. 5,166; Reading, 6,732; st. Paul, 69,375;
st. Paul s. Omaha, 5,S05; Union Pacific, 81
$50; Western Union, 80, 432; Northern Pacific
preferred, 17,473; Oregon !Transcontinental,
1880.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding business days: