St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-05-06
FINANCIAL.
New Work.
Special to the Globe.

Special to the Globe.
NEW YORK, May 5.-The anarchistic OCCUR
ences at Chicago last night created very IN
easy feeling in stock exchange circles, and
served to greatly curtail the volume of trad
ing. 1t was said that the selling Of the past
few days had been by people who were timid
or unable to stand any great decline. The
buyers We're strong parties, as only men with
large means buy at such times.
were nearing an end, and it was
thought that the trouble at Chicago would
cause change in the incendiary talk of the
better class Of working people. The develop
ments early in the day were not especially
exciting and prices were marked up all
around. The London market is to 2 points
higher. The advance reports which were
given out alleging a favorable statement on
the part of the Lake Shore and New York
Central companies at the annual meeting to-
day, were used to effectually
BULL THESE SECURITIES.
The coal stocks were barely steady North
western earnings showed an increase of $780,
900 for the fourth week Of April, and de-
crease of $4,000 for the month. No atten-
ton was paid to any kind OF news except that
referring to the labor Troubles, and on this
topic Chicago was especially prolific The
news while uniformly bad, had little effect in
the way of depressing prices. Everybody,
however, agreed that the situation was very
serious, and those out of the
market generally preferred to remain
so, while people who were loaded with stocks
were in most cases inclined to hold on. The
cliques in several stocks bid prices up sharply
toward the close. Omaha, West Point ter
minal Erie Ends and St. Louis & San Fran
cisco scored a quick advance, and the general
market was inclined to be strong. The i'm
preston was that the cliques, concluding that
the labor troubles were at an end yesterday,
had begun to bull stocks too soon. The
market closed firm at top prices for the day
NEW YORK, s. May--Money on call abundant
at 2Q3 per cent. Prime mercantile papers
1905; sterling exchange unchanged; both
government and state bonds were dull and
steady; railroad bonds were active and strong;
sales $1,609,0O0 Closing prices show gains in
most cases. The labor troubles are still the
controlling influence in the StOck-market. The
news was alarming all day, but the belief is
growing that the authorities are determined to
enforce the law at all hazard and that the worst
of the trouble has been passed. The market
opened irregular, became firm to strong, and
SO remained until towards IL o'clock when it
yielded in small fractions except Jersey Cen
! tral, which was weak, losing upwards of per
cent. After II o'clock it was quiet and
steady until 2 o'clock, when there was re-
newed activity, accompanied by increased
strength, which lasted until the close, the
market closing at or near the highest prices
of the day. Jersey Central. during the last
hour, regained its loss. Lackawanna opened
at 1921, the lowest quotation of the day. the
highest being 123, and closed at 1929
Lake Shore opened at 771s, and advanced
to'7S3s and closed q lower. In the early deal
ings, New York Central receded a but closed at
the highest price of the day, 1907. The active
stocks show advances over yesterday Of from
1902 per cent. Hooking Valley gained a,
Consolidated Southern 49, Minneapolis g. ST.
Louis ~ Union Pacific rs, New York Cen
tral and Pacific Mail II each, Louisville s.
Nashville, ST. Paul and Lake Shore IL each.
The total sales OF stocks to-day were 1922, IA
shares, including