St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-09-14

NEW YORK. Sept. l3.-Money on call loans
from 507 per cent, closing at 3 bid. Prime
mercantile paper, 4@5. Sterling exchange
quiet but steady at S4.S1sz for sixty-day bills
aud S4.S415 for demand. Government bonds
were dull but steady State bonds were dull
and firm. The stock market was stronger
and showed more life than on any previous
day for some weeks. The bears seemed de-
moralzed and the bulls for the time being
had complete control. The course of prices,
with the exception of a slight reaction in the
early trading and another in the last hour,
was almost steadily upward, and while the
sales in cash stock were increased, the deal
ings were extended to a much larger number
OF stocks than of late. While there was no
particular news to influence values this morn
ing the general advance was made up on the
improved feeling in the street, there being
very little outside buying yet. London is
credited with some trading in Louis
vile q Nashville. the Vanderbilts and
Changers. The active stocks generally f1uc-
tuated within comparatively narrow range
the more important movements being in sew
eral Specialties, chief among which was Ore
gon Navigation, which was bought on rumorS
of an extra dividend. Oregon TranscOntinen-
tai moving in sympathy. a sharp advance
WAS also made IN Fort Worth & Denver. The
Wabash stocks were again prominently &C
tive and strong Oh the increased earnings of
the road and the probability of successful
reorganization of the company. First prices
showed advances ranging from "A to "a, the
latter in Louisville & Nashville. while Lacka-
wanna and Jersey Central were each up "a.
There was considerable excitement at the
opening and for the first half hour there was
an unusually active business, but after few
further slight advances prices yielded and at
noon were slightly under the opening figures.
Later, however, ageneral advance took place,
which culmina, ed about p. m, when the
highest prices generally were recorded
Another slight yielding in values followed,
but the market recovered before the Close
which was about steady at best prices of the
day. The days sales aggregated 257 .951 shares.
Lackawanna was the leader in activity with
sales Il, $3.50. St. Paul was next with 1885,
and Oregon TrauscOntinental third, with
%. 2S0, with a quiet, though well-distribuled
business in the remainder of the list. The
active stocks are almost invariably higher,
Canada Southern being up 2 per cent, Oregon
Transcontinental and st. Paul Il Duluth each
IL, Lackawanna and Louisville & Nashville
each q and others smaller fractions. Rail-
road bonds shared in both the improvement
in prices and the increased business of the
share market, the sales footing up 81, 50S 600.
The market was firm from the opening to the
close and final declines are very few in num-
Der. The total sales of stocks to-day were
257, 1855 shares, including:
Can. Southern. Il, $50 n. Y. GEN.. 6,185
Del Lack s. W.. 1880 Peoria, D. &c. 3, 1855
Del. & Hud. .... 4,091 St. Paul. ...... 1885
Erie. $500 st. 2. & o.. 4,3T5
Kansas & Texas II, 400 Union Pacific >. 1895
Lake Shore. 5000 Western Union. 1880
Louis. Il Nash. 6,225 Wabash Pacific. $3.50
Missouri Pacific 1874 North. Pac. pfd. 1885
Northwestern. 5,765 Or. Transcon... 1880
N. J. Cen. lilo
BANK OF MINNESOTA.
Paid Up Capital $500, 900; Surplus $50, 600.
VIM. DAWSON, Pres. RoBr. A. SMITH, v. Pres
ALBERT SCHEFFER Cashier.
GILFILLANBLOCK 81. PAUL MINI