St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-09-29

New York.

New YORK. Sept 2S.-Money Oh call quiet
at 3G7 per cent, closing at 3 asked. Prime
mercantile paper, 4G5. Sterling EXCHANGE
quiet but strong at S4S214 for sixty-dAy bills,
and S4St13 for demand. Government bonds
are dull but firm. State bonds are dull and
steady. The stock market showed somew hat
better distributed business. and prices were
materially higher throughout the list than at
the close last night. New ENGLAND continued
TO be the feature, and its fluctuations were
wide and at times violent. but it reached
higher figures than has yet been attained on
any previous day. and showed a handsome
gain at the close. The movement is as much,
if not more, of an enigma than il has been at
any time. but several new stories were put in
circulation, all of which seemed to be help
lesslv conflicting, but one explanation zen
IS that the different stories relating TO the
Elevated people. and the supposed
arrangement with Ere and the New
Haven are simply parts of one
grand scheme. which are put toward b. the
separate interests involved. Western Union.
Pacific Mail and Central Pacific were also fea-
lures in tO-day's trading, all being strong and
active. The movement in the latter stock
was upon talk of a dividend and supposed
bu ing by European parties. Pacific mail
was bought upon the continued reiteration of
the assertion that the Transcontinental diff
cuties were settled. notwithSt dnding the
official denials. Western Union was active
and featureleSs. st. Paul was the Onl one
among the CHANGERS showing any life. most
of the trading being accredited to Chicago
people The ear ly weakness in Reading was
the effect of the unfavOrable statement lately
put forth. but 81 Cd buying later in the day
for both home and foreign account enabled it
TO show a slight gain at the close. The scare
ity of commercial bills caused al. advance of
half cent in sterling exchange, but il had
little or no effect on the stock market.
wanna being down p and New England and
Union Pacific up like amount. other changes
being for smaller fractions. Prices heSitated
somewhat in the early dealings, but the N ,rk-
ct soon became strong throughout, New York
and New England gaming 90 per cent. The
advance eliminated shortly before noon and
some heavnesS was displayed. while the ad-
vance in New England was nearly all lost, but
il soon Joined the remainder of the list. The
market was firm all the wa up, finally clos
ing steady to firm. Total sales were $50, IA
shares: New England, 62.630; Kansas &
Texas, 55.O54. followed by Western Union,
Reading and Pacific Mail in the order named.
Everything on the active list is higher. New
YORK and New England showing a gain of
21z, Central Pacific Louisville s. Nash
vile and Union Pacific 15A each,
Western Union Ia, Jerse5 Central and
Lake Shore, l$s eacn: Pacific Mail. II; ST..
Paul. 4. and Tennessee coal. 81. The
features being sales Of $500. 900 OF West Shore
IS in large lois and S256OOO in Atlantic &
Pacific incomes. out of a total business of
Sl,36O.O00. Prices were generally firm. The
total sales of stocks were 456,444 shares, in
! GLIDING:
Can. Southern. 3,150'N. J. Gen.. Il. 20
| Cen. Pacific. 1885 Pacific MALL. 33, $50
Del, Lack & W. 25. $50 Reading ....... sic
/ Del. Il Hudson. 3,555 st. Paul. ....... 20. sou
| Erie. ........ $500 St Paul i o.. 5000
Missouri. K. & 7. 55054IT Texas s. Pacific. 1858
| Lake Shore. 80. IL 03l Union Pacific. 1886
] L'ville & Nash. 20.210l Western Union. 81. $40
| Mich. Gen.. 4,5S5l n. Pac. pfd.... 7,1lt
| Northwestern. 3,150lOre. Trans. 3,0CS
THE CAPITAL BANK,
Drake Block St Paul. MINI.
CAPITAL 100000. SURPLUS $4,000
| L. h. REED, President W. D. KIRK. Casnier,
-. W WATT Assistant. Casl-a