St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-12-20

exchange barely steady at $4.79 for 80 days
and $4.83 for demand. Government bonds
were dull and firm; state bonds were dull and
steady. The stock market exhibited marked
change from the previous days of the week,
and instead of the pressure and rush tend
ency was developed which confined huctu-
atoms within a comparatively small range.
and restricted transactions to such an extent
that the business of the day footS up but
little more than half of the smallest days of
the week. Money moved comparatively easy.
The market during the forenoon was extra
ordinarily quiet and prices were on u lower
level than those of yesterday. but after
the publication of the bank statement, which
was regarded as favorable to lower rates for
money in the immediate future, the bulls
made special efforts to advance prices, and
in some cases, notably Manhattan, New En-
gland Susquehanna and Western Union.
were remarkably successful. Foreign houses
did very little. the trading for the most part
being confined to the professionals and room
traders, consequently possessing little signifl-
canoe. Reading was the active stock, but its
fluctuations were unusually lively. and closed
ct the same price that it did last evening.
New England was conspicuously strong in
the afternoon, the Improvement being princi-
paly upon rumor that the new party was
endeavoring to retain Mr.. Clark in the presi-
dency. Hooking Valley was also
CONSCIOUSLY STRONG
upon reports that the books would be closed
for election on Monday. and that an inf1uen-
tial New York capitalist would be elected a
director. SusQuehanna s. Western was
strong upon the prospects under the new re-
organization scheme. The opening was
ia ry steady, the changes from last evenings
quotations being confined with a per cent.
either way. There was no animation whatever
to the trading, and before noon the market
had become positively dull. The early trans
actions were made at declining figures, but
firm tone was soon developed, and by noon
the early losses had generallv been recovered.
In the afternoon, however. decided
strength was shown, accompanied by an
increase in the amount of business done.
Reading and ST. Paul were the only really
active stocks, The sales of the former being
1862 and of the latter 80. 420. The total sales
of the day were 3Oi 1873. Final changes are
regarded generally in favor OF higher prices,
the only important decline being in Tennes-
see coal, which lost ~, Chattanooga gained
8 per cent, Hooking Valley aud Cameron coal
1ss each. Railroad bonds were dull sales.
S1.064,000. Prices were generally firm and
almost invariably show advances. The active
issues were West Shore As. the sales of which
were 1000, and Atlantic s. Pacific incomes.
with 100000. The Atlantic & Pacific lists
gained at SO, Louisville & Nashville conSOls
81 at 49, West Shore registered As to 10ts4
Ohio & Mississippi sinking funds 2 at 123 and
Lafayette. Bloomington & Muncie incomes
at 70. The total sales of stocks to-day were
304, S93 shares, including:
Canada South .000I Reading. ....... 81, 442
Del. Lack. & w .21. O4) Richmond & W.P. 1880
Erie. Is, $50 Hooking Valley. $3.50
Kan Il Tex ..... 6,S90ISt Paul. ....... 80. 42O
Lake Shore. I'll, 160ISt +. y O....... 3.OOO
Louis. s. Nash. 10. sos Texas s. Pacific. $40
Northwestern. 4,790' Union Pacific. .12.4S4
New jersey Cen. $3.50 Western Union. 6,255