St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-03-07
FINANCIAL.
New York.

Special to the Globe.
NEW YORK, March 6.-There was nothing
doing in the stock market today. Everything
was duh from the opening and transactions
were very light. Very few operators, how
ever, seemed anxious TO buy stocks, and no
one cared TO sell them, There were no devel-
opments in railroad affairs calculated TO give
character to the market. The announcement
Of Il net increase of $l3l,0O in the net earn
Ings of the Erie for January was considered
remarkably good showing. Louisville " Nash
vile came in with a big decrease for January.
Western roads reporting earnings to-day gen
orally made q very fair showing. good
share of the strength of Reading was attrib-
uted to a report that $1,000 shares had been
transferred to Garrett OF the Baltimore &
Ohio road. Later in the day the feeling was
less bullish in regard to this stock.
The annual statement Of the ST. Louis &
San Francisco road for the year ending Dec.
81, 1855, showed net decrease of Sll6.20i.
Milwaukee. Lake Shore g. Western was bued
8 points, but attracted very little attention.
as the stock is do in only to limited ex-
tent. The general market closed rather weak
at fractional decline from opening prices.
NEW YORK, March 6.-Money on call easy
at l02 per cent. Prime mercantile paper,
495. Sterling exchange dull but steady at
S4.S114 for sixty days, and S4.S9 for demand.
Government bonds were active and strong.
bonds were active. Sales, Sd, 1924, 600. Among
the active issues were Erie I'd consols, eX-
June coupon, Oregon short lines, Green bay.
Winona ST. Peter incomes, Kansas Pacific
consols and Texas Pacific. Prices were
higher. the Green Bay incomes rose from
3615 10 AZ. The lists are up at %; Calves
ton. Harrisburg & San Antonio 2ds, to ll9;
New York, SuSquehanna g. Western lists,
coupon, 3Ls TO S7A; Oregon Improvement
lists, 37ss to 50; Kansas & Pacific lists 81 TO
G. 40 rirr .,H .
TO 81 The total sales for the week were see
$1,000. against Sl0> 1000 last week. The
feature in stocks was the sale of
$500 shares of Reading, with a new gain of
13s. This result is attributed to manipula-
ton. Reading certificates in the name OF w
K Vanderbilt, attested by his brokers, were
delivered on the street. Ever since Wednes-
day the market has been growing duller and
less interesting, and to-day's business ranks
among the extremely dull days of dull periods
Lackawanna gained 4. Delaware & Hudson
and Jersey Central are up q each, and the
remainder of the usually active list show
slight gain except ST. Paul, Erie cannon and
UuiOn Pacific, which are a shade lower. The
market showed generally firm opening and
after yielding a fraction again became firm,
reaching the highest figures u little after Md
day. There was considerable weakness after
l o'clock. but in the the last hour the market
was again firm and closed steady
to firm. Green Bay, WinCna St
Petef was stlonE on moderate transactions,
closing &c higher. The only news Of any i'm
pOrtance related to the trouble among the
Western and Southwestern roads with their
employees, but the statements were al of a
more or less vague and uncertain character
Comparing prices this evening with those Of
q week ago, everything on the active list Is
higher. Reading is up 55s, st. Paul Du-
luth 57s, Lackawanna 25s. Delaware & Hud-
son 2A. Western Union is down 234. The
total sales for the week were 2,25s. $50
shares against l,459,000 last week. The total
sales Of stock to-day were 279,992 shares, in
GLIDING:
Del, Lack &Wes. 81. 400 Pacific Mail. II. 40