St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-12-01
FINANCIAL.
New York:

features of the early dealings on the stock
exchange to-day was drive at Southwest
ern stocks. Texas Pacific was sold down
point on a rumor that the interest on its
bonds, due July l, would be delayed. Free
buying. however, by the parties who have
of late been identified with the advance in
this stock quickly advanced the price to "a.
An attempt was also made to raid Kansas
& Texas, but little was accomplished in this
direction. Most operators were afraid to
sell this stock, having learned in the past
few days how easily the clique could put
up the market on them. The grangers
were, on the whole, strong. and on any
fractional decline good buying was devel-
oped. The Northern Pacifics again loomed
to the front as bull cards. 1t was announced
that powerful bull pool had
been formed in Northern Pacific preferred
and that big advance would be the result
Western Union was weakened early in the
day by the announcement that the Balti-
more & Ohio had cut telegraph rates to
various New England points Later in the
day, however, it was explained that no
change in rates had been made, the same
rates having been in effect for year.
Western Union advanced on this eXplana-
ton, but was by no means strong. The
market as whole was inclined to be
steady. Transactions, however, were much
smaller than for some time past. Sales to
noon were 1876, 400 shares. Railroad
earnings reported were generally
favorable. Chesapeake & Ohio for the
month of October increased $3S, 4S4. Illinois
Central increased $50, 495 during the third
week of November. and Indiana, Bloom
ington & Western $13, 300 during the same
period. The course of values late in the
day was about steady. A few of the spec
ialties recorded small advance, but the
market on the whole was strong one. On
account of the funeral of Vice President
Hendricks, the stock exchange will adjourn
at 80 p. m tom orrow. The entire mar
ket improved in the last hour, closing at
about the best prices Of the day.
NEW YORK, Nov. 3o.-Government bonds
were dull and steady to-day, state bonds were
fairly active and irregular, railway bonds are
again less active in sympathy with the share
market, and prices generally show gain Of q
fractional amount. Total sales were $780,
600. of which Erie End consols contributed
S623. O00 There was good business in some
of the Missouri, Kansas s. Texas issues, East
Tennessee incomes and Atlantic g. Pacific
western division lists. The new week opened
with a dull and comparatively featureless
stock market, the movement this afternoon
decidedly irregular, with weak tone at the
opening. The afternoon was decidedly dull
but firm till near the close. The fluctuations
were all within a range of IL per
cent. and with few exceptions
within less than 1 per cent. Some OF the
active stocks were highest, while others were
lowest at the opening, and in still other cases
| the extremes were reached at different times
between 10 and 2 o'clock. The total sales
were only 3l4, 200 shares. There were sales OF
| 81, 900 Lake Shore and 81, 900 St. Paul. With
| these exceptions the total sales in no case
amount to as much as $4,000 sales. The
limited business was very we'll distributed.
The current rumors of the day were quite I'M
important. In the last fifteen minutes there
was yielding in values of form Il to per
cent, and tho market closed barely steady at
prices which, in most cases. are 70 to "a per
cent. lower than the final figures. New York
Central is down l, Union Pacific IA, and
Oregon Navigation ~ per cent. Northwest
ern, Delaware & Hudson, Manhattan Con-
solidated, and Northern Pacific common
SHOW A GAIN
of "a per cent. each. Pacific Mail, Canada
Southern, New York & New England are up
II each. During the month which closes this
evening there has been no abatement in the
activity which was such a conspicuous feat
ure of the dealings last month. The reported
sales this month have amounted to Ii, t54 ,OOO
shares, against 1868, 900 last month, and s.
S35, 600 in September Tie course of the mar
ket has been somewhat irregular with great
advance in some of the low-priced and here
tofore active shares as well as in the old
standbys. The Vanderbilts and the coal
stocks have been conspicuous for small adj
! vances made. The changes are within q
range of less than 2 per cent ex-
cept Lake Shore, which is 31s higher.
Union Pacific shows an equal advance. West
ern Union is down 35a. In the active securities
Pacific Mail is prominent for net gain of
1O% per cent and Northern Pacific preferred
shows an advance of 8ss, Missouri, Kansas &
Texas 7A, Oregon Railroad & Navigation 75s,
New York and New England ~, Oregon
Transcontinental 69, St. Paul AZ and North
western 215 per cent.
The total sales of stocks to-day were 314, 21s
shares, including: Erie, 1880; Kansas &
Texas Is, $50; Lake Shore, 5000; Louisville
g. Nashville, $3.50; Northwestern, S,40O; New
Jersey Central, 5000; New York Central, H..
BOG; Northern Pacific, 20,240: Pacific Mail,
$3.50; ST. Paul, 80, 9O5; Texas Pacific, 10000;
Union Pacific, II, 400; Western Union, q, 524
Northern Pacific preferred, 20,227; Oregon
Transcontinental, 1861.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding business days:
| Got