St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-03-07
FINANCIAL.
New Work:

Special to the Globe.
NEW YORK, March 6.-There was nothing
doing in the stock market today. Everything
was dull from the opening and transactions
were very light. Very few operators, how
ever, seemed anxious to buy stocks, and no
one cared TO sell them, There were no devel-
opments in railroad affairs calculated to give
character TO the market. The announcement
of q net increase of Sl3l,000 in the net earn
ings of the Erie for January was considered a
remarkably good showing Louisville Nash
vile came in with a big decrease for January.
Western roads reporting earnings to-day gem
orally made a very fair showing. A good
share of the strength of Reading was attrib-
uted to report that $4,000 shares had been
transferred to Garrett OF the Baltimore a.
Ohio road. Later in the day the feeling was
less bullish in regard TO this stock.
The annual statement of the st. Louis &
San Francisco road for the year ending Dec.
81, 1883, showed net decrease of Sll6,20i.
Milwaukee. Lake Shore & Western was bulled
points. but attracted very little attention,
as the stock is de a in only to limited ex-
tent The general market closed rather weak
at fractional decline from opening prices.
NEW YORK, March 6.-Money on call easy
at lGl2 per cent. Prime mercantile paper,
405. Sterling exchange dull but steady ut
SASH for sixty days, and $3.50 for demand.
Government bonds were active and strong.
State bonds were dull and heavy. Railroad
bonds were active. Sales, So, 1924, 900. Among
the active issues were Erie I'd consoS, eX-
June coupon, Oregon short lines, Green bay.
Winoua g. ST. Peter incomes, Kansas Pacific
consols and Texas Pacific. Prices were
higher. The Green Bay incomes rose from
36% 10 Az. The lists up at %; Calves
ton. Harrisburg San Antonio 2ds, to ll9;
New York, Susquehanna q Western lists,
coupon, 3H to S754; Oregon Improvement
lists 379s to 80; Kansas Pacific lists, 31s to
1867; Texas & Pacific rivers, coupon of, =
to 81. The total sales for the week were S2o,-
7S7,000 against So 1000 last week. The
feature in stocks was the sale of
95,S20 shares of Reading. with a new gain of
49,. This result is attributed to manpula-
ton. Reading certificates in the name of W.
K. Vanderbilt, Rttested by his brokers, were
delivered on the street. Ever since Wednes-
day the market has been growing duller and
less interesting. and to-day's business ranks
among the extremely dull days of dull periods.
Lackawanua gained =. Delaware Il Hudson
and Jersey Central are up "a each, and the
remainder of the usually active list show
slight gain except st. Paul, Erie cannon and
Uuon Pacific, which are q shade lower. The
market showed generally a firm opening and
after yielding fraction again became firm,
reaching the highest figures little after MD
day. There was considerable weakness after
! o'clock. but in the the last hour the market
was again firm and closed steady
to firm. Green Bay, Winuna g. St.
Peter was strong on moderate transactions.
closing &c higher. The only news of any i'm
portance related to the trouble among the
Western and Southwestern roads with their
employees but the statements were al Of 4
more or less vague and uncertain character
Comparing prices this evening with those OF
a week ago, everything on the active list IS
higher. Reading is up 55s, st. Paul s. Du-
luth so, Lackawanna 25s. Delaware & Hud.
son "a. Western Union is down 234. the
total sales for the week were 2,25s, 7SO
shares against l,459, 900 last week. The tota
sales of stock to-day were 1882 shares, in.
Guiding:
DEL, Lack &Wes. 80, 400 Pacific MALL. n,74(
Erie. ....,.. 1925 Reading.... 1880
Lake Shore. $3.50 ST. Paul. l3, $50
Louisville & n. $3.50 Union Pacific. S,35(
Northwestern. 1880 Western Union. IL, 5lS