St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-09-27
NANCE Al.
New York.

NEW YORK, Sept. 25.-Money on call was
active at 46JS per cent, closing at asked.
Prime mercantile paper, 4@5; sterling ex-
change quiet but firm and uneXchanged
Government bonds were quiet but strong.
State bonds were dull and steady. The stock
display less activity than on any day this week
Prices, compared with the last few days,
were somewhat Irregular and at times fever
iSh, but in the AFTERNOON general advance
occurred, which leaves the majority of the
list somewhat higher. London was seller
of Reading, but bought several other stoc ks,
chiefly the low-prced securities. Western
Union was feature in the morning,
and at one time showed a marked adj
vance, but shaded of in the afternoon
The coal stocks, though active, were COM
paratively steady throughout, aud the
Changers were dull and huctuated within mar
row limits, with the exception OF Omaha,
which exhibited considerable strength in the
afternoon. The effect CT the proposed reduc-
ton in the rate OF interest on the first mort
gage bonds of the Atlantic Pacific company
was shown to-day by the strength of the
stock and the incomes, both OF which were
active and strong. There was squirt of 4
per cent. i'll Pullman Palace car, and the San
Francisco stocks continued 10 advance. At
the opening prices were small fractions lower
in the majority Of cases, but there was ac-
tive trading, and the heavinesS soon disap-
peared under the strength of Western Union,
Reading Il New England. Later the
market sagged OF small fractions, special
weakness being shown in Pacific Mail. In
the afternoon the market became compare
lively quiet, but prices improved slowly until
the last hour when il became steady, and so
closed. majority OF the active list are
higher tonight, the few declines being for
small fractions only, while New England is
up 19s, Reading and Kansas & Texas each %,
and the others smaller fractions. The sales
for the week were 1855, 627 shares, against
$685., 636 for the previous week. The list
shows material advances over the closing
prices of week ago, Jersey Central being
up as, LackawsDna like amount Western
Union 1 - aud Reading 4. Railroad bonds
showed somewhat larger business, the
sales reaching $3.50, 600, but about half OF
this amount was furnished by the
Atlantic Il Pacific incomes, their sales being
81, 900. They were specially strong and
sold from ~ up to 271a, finally closing Is
lower, with net gain of 2ss. The Detroit,
Nackinac l. Marquette land grants showed
considerable strength and activity and are
per cent. higher, ut 43. The other issues
traded in were firm. especially in the after
noon, and final prices generally SHOW adj
vanceS. Northwestern coupon gold bonds
rose 2$4 to 1881 and Erie incomes to IS.
Central Iowa tirsts, coupon OF, lose 2 to LOG.
The total sales for the week amounted to
S9,423, 000 against SS,24l,000 for the preced-
ing week. The total sales of stocks to-day
were 1874, GIL shares, including
Cen. Pacific. -. 4,790 Pacific MALL. 10,S70
Del. Lack & W.. %, 665 Reading ....... 9S, l20
Del. 81 Hudson. 4,30SiSt Paul. ....... 1920
Erie .... 81, T20lSt. Paul & o.. $3.50
Kansas & Texas 26, 06lTeXas Pacific. 1870
Lake Shore. 4,S6O Union Pacific. $3.50
L'ville s. Nash. 1850 Western Union. 80, $50
NJ. & Charlest'n 3.l00IOr. Transcon... 4,109
n. J. Cea...... 1906