St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-06-26
New York.
Special to the Globe.

Special to the Globe.
NEW YORK, June 25-The Lake Shore
strike again furnished about all the news of
intarest on Wall street. Early in the day
stream of highly-colored information about
the mobocratic condition of things at Chicago
was received on the stock exchange. The
market opened weak all around and there
was very little buying, except by the cEques,
who were still disposed to sustain prices. 1t
was announced that the Lake Shore round
house was in the hands of a mob and that the
police were entirely inadequate to con-
troll the strikers. The market, however,
held very firm, and in some instances
an advance was secured. The pool
in Lackawanna took hold again
to-day and bid up the price of that stock a
whole point, principally by washed sales. Trad
ers, however, generally were afraid to take
the long side and the whole burden of sup
porting the market rested on the cliques.
Northwest earnings for the first week in
June increased $24 600. In spite of the un-
favorable news the market ruled strong and
late in the afternoon scored sharp advance.
1t was reported that the Lake Shore strike
was settled, and although numerous dis
patches of an exactly opposite nature
were being received, Lake Shore was
doomed a point. The announcement
of further decentralization in freight rates to
the Missouri river from Chicago and the cut
ting of these rates by all lines so to go per
cent fell fiat. In fact, this information ap-
peared to strengthen rather than weaken the
market, all the Granger stocks advancing
from % to q of point. Lackawanna how
ever, was the bull card of the day. The bull
clique in it apparently had everything their
own way and marked up prices to suit them
selves. Railroad earnings reported for the
third week of June were generally favorable,
showing handsome increase In most in
stances. The market closed steady fraction
above the opening.
GERMANIA BANK,
Corner Fifth and Wabasha streets, opposite Post.
Office.
CAPITAL $1,000 900.
z: ALBRIGHT, Prest. ALEX. RAMSEY, Vice Pr.
VIM. BIGKE L Cashier Pm. KERSr. Asst Cash
NEW YORK, June 25.-Money on call easy
at 202a per cent Prime mercantile paper,
4@5. Sterling exchange dull and unchang ed.
Government bonds dull and IA lower for tn e
AIS. State bonds were quiet and steady. Rail-
road bonds we're quiet. Total sales show an
increase over those of yesterday of $4,000.
Prices were heavy early in the morning but
recovered later in the day and final prices
show irregular changes. Therewas nothing this
morning to affect stocks except from Chicago,
which went off in favorable nature and re-
ferred principally to the strike on the Lake
Shore and the probability of it's spreading to
other roads, and also reviewed Information
region. There were statements made
by interested officials about earn
ings and the prospect of immediate
favortes the principal speculative card
The dealings, beyond a few favorites, were
almost without change. There was liberal buy
ing by a Chicago party of the Changers stocks
and they were also believed to have bought
considerable Lake Shore and Lackawanna
Considerable help'was given the advance in
the morning by London advices quoting
American stocks active and advancing. The
market was strong at the opening, first prices
showing advances of q to u per cent. gener-
ally. Omaha is up % and Delaware s. Hudson
q per cent. There was some weakness in the
city dealings, especially in Vanderbilt, but IT
forward without reaction until toward the
close, when realizing caused quotations to
yield slightly, the market closing rather heavy
at near the best prices of the day. There was
at no time more than moderate business,
but the buying continued steadily drought
out. Lackawanna was the favorite. The ne
almost everything on the active list, Lacka-
son ~ per cent, and the remainder Of
the list fractions. Chattanooga made an
other jump, being up ~ per cent. The total
Guiding:
Del, Lack. & w 79,500IOhio & Miss. 600
Del. Il Hudson. $3.50 Reading. ..... 1900
Erie. .......... 3,3e7ISt. Paul. 80. 1877
Kan. Il Tex. 4s0ISt Paul & o.. $3.50
Lake Shore. -. 1885 Union Pacific. IL, $50
Louisville & N. s,1O5 Western Union. 27,4ss