St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1885-12-14
MARRETT & POWERS,
GRAIN, PROVISION AND STOCK
BROKERS,
3O7 Jackson Street, St. Paul.

NEW YORK, Dec. 12.-Government bonds
were dull and steady to-day. State bonds
were dull but strong. Railway bonds were
moderatiyely active in a few of the specula-
tive issues. The total sales were So, 24S 900,
West Shore receipts contributing $3.50, 900,
Erie I'd consols 1888, 600, Nickel Plate lists
$500, 900, Texas Pacific, Rio Grande division,
coupon Off, $230000. The total sales of the
week were Sl9.2I6,000 an increase over last
week of 100000. There was heavy decline
in stocks to-day, after a strong opening which
showed advances for the active list of 11s@l@s
per cent. and which were about the highest
quotations of the day There was persist
ent decline until the close. At times
the market was extremely active,
especially when it was most
consplcuously weak, and the reactions, which
were accompanied by dunesS, were only
slight. Several causes have operated to pro-
duce to-day's result Early in the day it was
reported that new issue of bonds, amount
ing 10 $25, 000, 000 was to be made by the Lake
Shore, the alleged object being to take care
of the bonded Indebtedness of the Nickel
Plate That stock was decidedly weak, SELL
ing down in the forenoon from S6R to 644.
Later in the day came q published synopsis
of the Vanderbilt will. The Interpretation
was made that the bulk of the fortune had
been left in such a condition that it was
liable to be upon the street at any time,
and old conservative operators who have
of late. suddenly turned and sold
their stock, especially those in which Wander
bilt was a prominent holder. Very decided
weakness was also developed in Pacific Mail,
following reports that congress was certain
to support the postmaster general, and that
the company would be deprived of a subsidy
in the future. The closing prices show de-
clines of fractions to over per cent, the lat
ter in Pacific Mail, which closed with a loss of
81. Lackawanna is down 2, Lake Shore 21s,
New York Central l, Northern Pacific pre-
ferred 2ss, Omaha common 2%, Northwest
ern IA, St. Paul rs, Texas q Pacific 49,
Western Union ~, Missouri, Kansas & Texas
81, Louisville s. Nashville and Mis-
souri, Pacific each Is, Oregon Naviga-
ton %, Reading n and Union Pacific
* Chicago, Burlington s. Quincy was
conspicuously active and with net advance
of q is the only active stock that shows a
gain.
shares Lake Shore alone contributed 142, REQ;
Lackawanna, 1880, and there were sales Of
$1,000 in St. Paul. Prices this evening. COM
pared with a week ago, are generally down
from fractions to over per cent, with los
of ~ in Texas & Pacific. Pacific Mail and
Lake Shore each lost 53s, Northern Pacific
preferred So, Northwestern 45s, Canada
Southern, Louisville & Nashville and New
York Central each AZ, Union Pacific AZ,
Erie and Missouri, Kansas Il Texas each 32s,
st. Paul 81, Jersey Central 81, Northern Pa
cifc 31a and Western Union 3. The total
sales for the week were 3, 1907 shares.
QUOTATIONS OF STOCKS AND BONDS.
Following are the closing prices bid yester-
day and the three preceding business days:
Vo[y ID,,oc E,.i