St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-03-19
WILLIAM LINKER g. CO.,
Brokers in Stocks, Bonds, Grain and Provisions
I55. DRAKE BLOCK ST. PAUL. MINI
FINANCIAL.
New York.


NEW YORK, March 1e.-Money on call
easy at l1S@2 per cent. Prime mercantile
paper 4a5. Sterling exchange unchanged.
Government bonds were moderately active
and weak, especially the coupon As. State
bonds were dull and steady. There was a
further decline in railroad bonds, with q
slight Improvement in the amount of bust
ness done, the total sales being Sl,g34,000.
The coal stocks were the feature OF the stock
market. They contributed nearly 40 per cent,
of the days business. and were the only ac-
tive stocks that developed decided weakness.
The whole market however, was Irregular
and at times feverish, especially in the early
dealings. Lackawanna sold first at l24Sz, u
decline of Is, dropped as low as l22ss and
closed at l2312, u net loss OF l3s. Reading
lost % ut "a "A and Jersey Central 3s at 50L.
Sales of Lackawana were l04, 900, and OF the
four coal stocks 30S, 800 shares while the to-
tai business OF the day amounted to 457, $40
shares. The weakness of the coalers was due
TO unfayorable opinions about the Reading
reorganization and the reduction in the price
of anthracite 10 point where it cannot be
delivered without loss. The strike in the BIZ
luminous coal region has stimulated the price
OF the article somewhat. The Berwind
White Coal Mining company, the largest
shipper of bituminous coal in Pennsylvania,
whose miners are
ON STRIKE,
has arranged to bring sc, 600 tons of coal from
England to supply contracts that are
pressing for prompt delivery. There
were rumors this afternoon that
the pool which has recently marked up the
price of Reading had sold out and had gone
short of the stock. but the story was not con-
firmed by any Trustworthy authority. The
Transcontinental matter and the railroad
strikes in the West and Southwest had no APP
preciable effect on prices, US no news of i'm
portsnce was received. The Changers, and
especially St. Paul, were conspicuous for
their strength in the face Of the weakness in
the stocks mentioned. ST. Paul shows a gain
of IL at 9lh shade below the best figures
of the day, and Northwestern "a. Chicago,
Burlington g. Quincy. Erie common, Missouri,
Kansas & Texas, Louisville g. Nashville, Mis-
souri, Pacific, Northern Pacific preferred, st.
Paul & Duluth, Texas & Pacific, Union Pacific,
and Western Union are all fractions higher,
while the rest of the active list shows small
declines. The market was decidedly irregu-
lar at the close, being weak for the coal
stocks and firm for the other active shares.
The total sales OF stock to-day were 457,370
shares, including:
Del. Lack I04 sos Pacific Mall. is, eS5
Del. 4 Hudson. IA, $50 Reading. ....... 65, $40
Erie. II, 400St. Paul. .. ,290
Kansas & Texas $500 81. Paul& Omaha 4,O05
Lake Shore. So $50 Union Pacific. 6,720
Northwestern e. j., $50 Western Union. q, .2O
New Jersey Cen. "a, 440INor. Pac. pfd.. 81, $50
New York Gen.. 6,l35lOregon Trans. $3.50
BANK OF MINNESOTA.
Paid Up Capital 5000, 600; Surplus $50, coo.
WM. DAWSON, Pres. RoBT. A. SMITH, V. Pres.
ALBERT ScHEFBER, Cashier.
GILFMLANBDocK. ST. PAUL MIN
Quotations Of Stocks and Bonds.