St. Paul daily globe., 1885-04-13
Western Associated Press.

Western Associated Press.
New YORK, April 11.-Government bonds
quite steady.
State securities quiet, and quotations in some
cases lower
The railway bond market was rather quiet,
total sales being only S91S 900, increase over
yesterday of SEQ 900. OF to-day's business
S250,000 consisted of transactions in Erie eds,
new, which opened at 54%, sold at SAX and
then up to 561s, closing at 50 =, advance OF
tx per cent. The remainder of the business
was well distributed, the sales in no case being
for large amounts. Prices were somewhat irreg-
ular, but there were more gains than losses.
Central of New Jersey issues were prominent
for the advances made. The total sales for the
week (six business days. were So, 464, ,O00 an in
crease on last week Give business days. OF
S126,OOO
The stock market continues subject chiefly to
European war news. AT the opening this morn
ing prices were firm and in some cases 1s to 3s
higher than they closed last evening. There
was a manifest disposition the part of the
shorts on Changers and Vanderbilts to cover.
There are rumors that bull combination
has been formed in Changers. The market con-
tinued strong but only fairly active until the an
nouncement was made near the middle of the
day that England would probably declare war
before Monday, when an active buying move
ment set in, accompanied by further advance
in prices which continued until about 2 o'clock.
In the last hour the market firmly held up but
made no further gains, and finally closed strong
near the best prices OF the day. Total sales
246,56i shares, an increase over yesterday of
90 600 share, but OF TO days business over 73 per
cent. consisted of sales of Northwestern, st.
Paul, Lackawanna, Lake Shore, Pacific Mail and
Western Union. In no other stocks did the
transactions amount to as much as $4,000 shares
As compared with last evenings prices generally
were 4 to per cent. higher than they closed
yesterday, while Chicago, Burlington & Quincy
is up 3i4 per cent, at l2414. The weakest
stocks on the active list in the afternoon were
Vanderbilts LAKE Shore, which in the general
advance rose to COS in the afternoon, declined
later to 5sIs, at which it closed, a net gain of
per cent New York Central is up 4, at 909s,
after selling between 905s and S9H; Weste IN
Union luctuated = per cent. and closed within
Il of the highest price of the day. Unicn Pa
cifc also closed rs higher. Central of New
Jersey was prominent for its strength early in
the day on the general impression that the Read
ing company would in some way raise the money
to pay the amount now due the Central, and that
the relations between the two companies would
continue as heretofore. President Little of the
Central OF New Jersey has been in Philadelphia
in the interest of his company and it is ge nerally
conceded by insiders that the Reading will not
give up its hold on heCentral without legal fight
Lackawanna was strong all day and shows gain
of y per cent. and Delaware s. Hudson is up
IL per cent Louisville & Nashville gained 1
nor al II adj
were for smaller fractions. The street de-
void of news having an influence upon prices all
day other than the European war news. Com
pairing prices this evening with the closing prices
a week ago almost everything shows an advance
ranging from u to eS per cent, the latter for
Northwestern. Lackawanna is up 2Ss. Central
OF New Jersey 2A and Consolidated Gas per
cent. Union Pacific gained Ia, Delaware S
Hudson l4, St. Paul L, and Pacific Mail and
Central Pacific each q per cent Some of the
inactive stocks, however, are lower, notably
Oregon Trauscontinental. which is down q, and
St Paul preferred is ga lower. The total sales
of stock this week were 1,19S $50 shares, an in
crease Of 455 900 over the five days of last week
Application has been made TO the stock ex-
change for the listing of the following securi- |
ties: Louisville & Nashville Railroad company,
$s57, 600 additional IO-40 per cent adjustment
bonds, making the total amount sold and issued
to date $1,000, 900; Atchison, Topeka & Santa
Fe 81 OOO GOO additional per cent. sinking fund
secured bonds; New York & New England |
s.. .O0O, 900 additional per cent first mortgage |
bonds making 81, ,OO0. .O00 listed, and East Ten
nessee, Virginia s Georgia S2l7.0O0 additional 1
consolidated first mortgage divisional bonds.
Ineluded in the transactions were $1,000 shares !
Delaware Lackawanna & Western. %, 600 Lake |
Shore, IS. .oOe Chicago & Northwestern, $4,000 |
New York Central, $1,000 Pacific Mail, 1900 |
Chicago Milwaukee & St. Paul. 1900 Union |
Pacific 1900, Western Union.
QUOTATIONS OF STOCKS AND BONDS,
Stocks and bonds closed az the following |