St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-01-01
MARRETT G. POWERS,
GRAIN, PROVISION AND STOCK
BROKERS,
eo7 jackson Street. St. Pa

3o7 Jackson Street, St. Paul.
NEW YORK, Dec. I.-Government bonds
were dun and steady to-day. state bonds
were very dull and steady Railway bonds
were very active, and the business was well
distributed. with the exception Of heavy trad
ing in West Shore guaranteed IS. Tho total
sales OF these were / ,601. 0OO The bonds
closed at 1889, with a gain of ] per cent,
after ductuating between 1929 AID lO41<
The total transactions on all issues amounted
10 SO, 100000 There was an activity IN Erie
DDS. Nickel Plate lists Canada Southern eds
Northern Pacific lists and EDS and some Of the
Lake Erie 81 western issues. Prices are gen
orally higher. The sales for the month
have amounted 20 S79,564, 600, against
S9,053,000 for November. Stocks were
dull and featureless. The market opened
shade lower, and after small upward move
ment there was a slight reaction. The lowest
prices OF the day were MADE between II and
u O'Clock The tone was 1rm throughout the
afternoon, and in some cases the earlier losses
were entirely recovered. Prices this evening
are about equally divided between advances
and declines. The trading in New York Cen
trll, although not large, furnished a promi-
nent feature; opened at 1857 and sold early
at 1859 after II o'clock. On the announce
ment of the declaration OF l per cent. dividend
II sold ex-dividend atl045<, but rallied quickly
10 1861, closing at 1855, a net gain of e. It
was generally understood this morning that
Lake Shore would pass its dividend and the
stock was inclined 10 be heavy, closing
with loss Of q. The total sales
were 24l,417 shares. Among the advances
were Missouri Pacific, 10; Manitoba, 10;
Texas Pacific, q. Reading lost pa and Lack
awanna 4, New Jersey Central q and Della
ware & Hudson x. A feature was Cleveland,
Columbus, Cincinnati & Indianapolis which
opened at 565S, rose early to 90, clos
Ing at 50. The market closed dull but
generally strong. The total sales for the
q 81
800 shares for November. The changes in
prices are generally for only small amounts
LackawGnna shows gain OF 40 aud Missouri
Pacific per cent Louisville & Nashville is
down and Missouri. Kansas & Texas 81:
Northwestern and Western Union 35k each,
and Texas Pacific 81.
The total sales of stocks to-day were 2fI. Az
shares. including Delaware. Lackawanpa g.
Western 10, $50, Erie 36,255, Kansas & Texas
SAG, Lake Shore 2l,S26. Chicago g. North
western 1,5l5. New York Central 1870
Pacific Mail 1861. Reading II. 300, st. Paul
24,220. Texas Pacific 1925, Union Pacific
b4s5' Western Union 1890, Northern Pa
oihc preferred 1920.
THE YEARLY REVIEW.
The year which closes to-day will be long
remembered in Wall street. During the first
siA months there was very dull market,
With a net advance Of the active stocks of less
than per cent. on July I as compared with
the opening Quotations Jan. .. From that
time, however, until the latter part Of No
Fember there was a persistent and almost
continuous upward movement, which re-
suited in a net average advance for the most
active stocks Of about % per cent. In some
instances the gains were considerably larger
moderate reaction later IN the year has
since been followed by a very arm but some
what less active market, and the year closes
with confident belief ia Wall street that
prices higher than have been seen AT
any time In 1885 will be reached at no distant
date Some idea OF the general activity in the
stock market OF late may be Obtained from
the statement that tho total sales Of the past
eleven eeks have been equal 70 the business