St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-01-01
MARRETT g. POWERS,
GRAIN, PROVISION AND STOCK
BROKERS,


3O7 Jackson Street. ST. Paul.
New YORK, Dec. sI.-Governmeut bonds
were dun and steady to-day. State bonds
were very dull and steady Railway bonds
were very active, and the business was well
distributed. with the exception of heavy trad
ing in West Shore guaranteed IS. The total
sales of these were l.6e1, 0O0. The bonds
closed at 1887, with a gain of i per cent.
after nuctuating between 1O25S and 1Of1<
The total transactions on all issues amounted
TO SO, l0O,0 00. There was an activity in Erie
2ds. Nickel Plate lists, Canada Southern Eds,
Northern Pacific lists and EDS and some Of the
Lake Erie s. Western issues. Prices are gem
orally higher. The sales for the month
have amounted 20 $79,56{. coo, against
$S9.053,000 for November. Stocks were
dull and featureess. The market opened a
shade lower. and after q small upward move
ment there was slight reaction. The lowest
prices Of the day were made between IL and
IL O'Clock The tone was nrm throughout the
AFTERNOON, and In some cases the earlier losses
were entirely recovered. Prices this evening
are about equally divided between advances
and declines. The trading in New York Gen.
trial, although not large, furnished a promi-
nent feature; opened at 1857 and sold early
at 1881 after IL o'clock. On the announce
ment of the declaration OF 1 per cent dividend
IL sold ex-dividend at 104s<, but rallied quickly
70 1861, closing st 1861 net gain of x. II
was generally understood this morning that
Lake Shore would pass its dividend and the
stock was inclined 10 be heavy, closing
were 241,477 shares. Among the advances
we're Missouri Pacific, 49, Manitoba, ~;
Texas Pacific. q. Reading lost 21s and Lack
awanna q, New Jersey Central q and Della
ware & Hudson x. A feature was Cleveland.
Columbus, Cincinnati q Indianapolis. which
opened st 565s rose early to go, clos
ing at SO. The market closed dull but
generally strong. The total sales for the
month were l0,9l5, 900 shares, against 70. 452 :
300 shares for November The changes in
prices are generally for only small amounts.
Lackawanna shows gain OF AZ and Missouri
down and Missouri. Kansas & Texas 81
Northwestern and Western Union 3% each,
and Texas Pacific 91<.
The total sales of stocks to-day were 2EI.477
shares. including Delaware. Lackawanna &
Western IL, GEO., Efie 1926. Kansas & Texas
S,4l6, Lake Shore 81. S2G. Chicago & North
western 1915. New York Central Ie,7a0,
Pacific Mail 1861. Reading 12.e00 ST. Paul
2i,220, Texas Pacific 1925. Union Pacific
b.495, Western Union Is, 300, Northern Pa
cl1c preferred 1920.
TUE YEARLY REVIEW.
The year which closes to-day viii be long
remembered IN Wall street. During the first
six months there was q very duh market,
wits a net advance of she active stocks OF less
than per cent on July as compared with
the opening quotstions Jan. 2. From that
time, however. until the latter part OF No
yember there was q persistent and almost
continuous upward movement, which re-
suited IN a net average advance for the most
active stocks Of about % per cent In some
instances the gains were considerable iarcer
moderate reaction later in the year has
since been followed by very firm but some
what less active market, and the rear closes
with confident belief in Wa;i street that
prices higher than have been seen at
any time in 1885 win be reached at no distant
date. some idea OF the general acrisfty In the
sto1k market Of late mas. be cbfainci from
the statement that tho total sale1 OF the past
etaFer weeks have been equal % tie uslness