St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-12-23
THIRD NATIONAL BANK,
FINANCIAL.
New York.

NEW YORK, Dec. 22.-Money on call easy
at goo per cent, closing at 8 asked. Prime
mercantile paper 4Qs5. Sterling exchange
dull, but steady and, unchanged. Govern
eminent bonds were dull and firm; state
bonds were neglected. The stock market
showed a marked decrease in the amount of
the business done from that of the past few
days, the influence of the coming holiday
being felt, and the operations were mostly
confined to the professional traders The
London marker came higher this morning,
and our market WAS higher in sympathy at
the opening. Purchases by foreign houses
kept it firm for short time, aided by some
demand, induced by covering of short con-
tracts, but the buying was soon over and the
market again presented q dull aud listless
appearance. Louisville g. Nashville was the
feature of the day and presented remarka-
By strong front. even when the
remainder of the list were sagging
Oft. The stock was manipulated by
foreign clique, aided by talks of scrip diyi-
dend. Reading was active. but the trading
was much smaller than for many days past.
Western Union was adversely affected by the
introduction in congress of the bill to admit
other companies to equal privileges with it
along the Central and Union Pacific roads.
The coal stocks with the exception of Lacka-
wanna were quiet, and St. Paul was the only
one of the Changers showing any activity. A
half DO :en stocks nearly mOnopollZed the
business of the day, the remainder being dull
and Iistless. The opening was strong, first
prices showing advances of from g to Is over
the closing figures of yesterday. though Kan
sas & Texas was off "A and Reading and Jersey
Central each x. There was d moderate busi-
ness ONLY with prices irregular but generally
firm louisville & Nashville was the only de-
cidedly strong stock. while New England WAS
conspicuous for its wide fluctuations. The
market became dull toward noon. when the
advance was checked, and q decline, which
lasted until after p. ~, was inaugurated,
Reading, Western Union and Jersey Central
being most conspicuous for the declines es-
tablished. The last hour saw a renewal of
the buying, and prices steadily improved to
the close, which was quiet but strong. Sales,
3l,OS0 shares. Reading furnished 52.24O.
Lackawanna 1910, St. Paul 80, 700 Western
Union q, 265 and Louisville Nashville "a, $50.
The final changes as compared with last even
ing's closing figures are generally for frac-
lions only, and are about equally divided be-
tween gsins and losses. The railroad bond
market was quite duh. Sales S965.00O being
the smallest for many weeks. There was
very little feature to the dealings. and the
two most active bonds, Texas Pacific income
trust receipts and Denver & Rio Granue As,
furnished only $4,000 and $4,000 respect
lively. Prices we're generally firm. but final
changes are seldom for more than fractional
amounts. The total sales of stocks to-day
were 301, $50 shares. including:
Canada South'n. 6,945 Pacific Mail..... 1000
c. ST. l.. & P. p'd 100 Reading. 81, 25e
Del. Lack & w 49, 10 ST. Paul. 33. 200
Erie $3.50 st. P. & o.. 3, T35
Lake Shore s,1TO Texas & Pacific. AIS
Luis & Nash "a, $50 Union Pacific. 12, 1855
Missouri Pacific 702 Western Union. .2s, 265
Northwestern. =. 3. EOS Rich. g. w Pint. 1910
NV Jersey Cen'l 1887 New England. 1860