St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-09-30
INANCHAL.
New York.

new Cfks
NEW YORK, Sept 29.-Money on call loaned
from SOLO per cent, closing at asked
Prime mercantile paper, 4G,5. Sterling ex-
change quiet but steady and unchanged
Government bonds were dull but strong.
State bonds were dull and steady. The New
England deal monopoliZed much less attention
than for the past week. That stock was CON
paratively quiet until late in the afternoon,
and its best price was only fractionally higher
than that of yesterday, and Notwithstanding
that its first price was rs higher than at the
close last evening. its net gain for the day is
only 3. The feeling this morning was de-
cidedly bulliSh and the Vanderhit's became
the feature Of the trading, Canada
Southern and Michigan Central attract
ing most attention, although Lake
Shore was prominent and strong. The move
ment was directly due to the runors that
dividends would be declared on all three of
these properties before the end of the year,
and TO the impression that something to this
end may be done at the meeting tomorrow.
Western Union was also q feature, the up
ward movement was continued and received
aid from rumOrS of developments favorable
to the Gold and Stock company. There was
renewed interest in Reading in the afternoon,
but the fluctuations were narrow. Kansas
j. Texas continues strong, but Pacific Mail
was weak. Money was manipulated up to 10
per cent. late in the afternoon, which had
some effect in depressing values. Prices
were all higher at the opening
advances over the final figures OF yesterday,
ranging from e to a generally, while New
England was up rs. There was some hesita-
ton in the early dealings. but the market
soon became strong. led by the Vanderbilts.
| The upward movement eliminated about
IL 80 by which time Canada Southern gained
3 per cent. and others in proportion. The
market thereafter fiuctuated within compar-
atvey narrow limits, though the general di-
rectiOn of prices was slightly downward and
closed rather heavy. Final prices are gen.
orally in favor of higher figures Lake Shore
is l % higher. st. Paul was quoted ex-divi-
dend of 20 per cent. Sales of railroad bonds
were 81. 567, 900. The business was web dis
tributed. The Atlantic and Pacific incomes
were prominent for activity, their sales reach
ing AS coo. Prices were generally firm in
the morning, but the early gains were lost
later in the day and important changes are
few. Denver s. South Park lists are up ~ at
2SL. The total sales of stocks to-day were
507, 025 shares, including:
Can. Southern. 27,450lN. J. Gen.. 1850
Cen. Pacific. 1886 Northern Pac.. $3.50
Del, Lack & W. 26,570l Pacific Mail. .. 24,562
Del. s. Hudson. 1870 Reading ....... 5G.S24
Den. & Rio g.. 3,700lSt. Paul. ....... 1920
Erie "a. 450 St. Paul & o.. 1855
Lake Shore. :. 33 $40 Texas s. Pacific. S5S
L'ville & Nash. 49, 431 Union Pacific. 1856
Mich. Gen.. S516 Western Union. $50
Missouri, X. s. 7. 38,093 N. Pac. pfd.... $3.50
Missouri Pac... 4,206Ore. Trans. $500
BANK OF MINNESOTA.
Paid Up Capital $500, 600; Surplus $50, 900.
VIM. DAWSON, Pres. RoBT. A. SMITH, V. Pres.
ALBERT SCHEFFER Cashier.
GILFILLANBLoCK ST. PAUL MINI