St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1886-12-04
TIE CAPITALBANK.
Fan ANCEAL.



NEW YORK. Dec 3.-Money on call active
at 5f11 Der cent. closing at ) asked. Prime
mercantile paper 485. Sterling exchange dull
but steady at 4S454 for siXty-day bills, AMI
1907 for demand. Government bonds were
dull but firm State honds duh and steady.
The stock market again showed Il slight de-
crease in the amount of business done.
There was considerable fevershneSs at times,
but the market was most of the time steady.
The Oft repeated story of the settlement or
the TranscOntnental Offices was again circu-
lated, and once more denied. The story
found many believers that Richmond " West
Point had acquired control of the East Ten
nessee system. This WIS Otficiali. denied, but
in such manner to confirm the suspicion
that negotiations to that end are pending.
London WAS a prominent buyer of ST. Paul
ana Northern Pacific, and the latter was I'M
usually acU!ve. The features, of the
trading were the Vanderbilt, the
East Tennessee, the Wabash Reading,
New England and Lackawanna. The last and
New York Central became conspicuous to-
ward the close. ana the advance in the be-
New York Central is the outcome Of
lief that the rate OF dividends will be IN
creased during the coming year, as well as
the fact that it has not responded to the adj
vances among its kindred stocks. The delay
in issuing the reorganization plan has caused
a decrease in confidence in Reading and there
was considerable selling to-day, but 1t re-
ceived support in the AFTERNOON and recov-
cred to the opening price. The opening was
steady and strong. A majority OF the active
list showed advances over last evenings nnal
prices of Il to %, though West Point New
England and Union Pac.ffcf were each IS
lower. Prices were firm to strong, Vest
Point, New England and the Wabash beng
specially noticeable. Later some Irregular
ity was displayed and in the early part of III :
afternoon prices yielded slightly, while Read
a 3nli #
somewhat quieter at this time, but in the last
hour a renewal of the upward movement &C.
Cured New York Central, Lackawanna and
Reading attracting most attention. The
market closed active and strong IN many
cases at the best prices Of
the day The net result OF the
DAYS business is an advance OF almost ever
thing on the active list, Union Pacific, Cen
tral Pacific and Texas Pacific being the only
exceptions. New York Central is up 2$ac,
Chattanooga 134c.. West Point 11ac., Lacka-
wanna l$Ec., Northern Pacific common 114c..
Lake Shore llSc. and others fracttonaly.
Railroad bonds were more active and strong.
Erie I'd consols furnished Sg17,0J out of II
total of 81, S42, 900 with net gain of l per
cent at 10I1I; Atlantic and Pacific incomes
furnished $lS2. 900 and Indiana, Bloomington
Western incomes $l61,006, St. Paul, South
Minnesota is gained &c. at lis: Wabash. De-
troit Is &c. at SIC. Lake Erie and Western in
comes lost, 4zs at 81. The total sales Of stocks
to-day were 524, 5t1 shares, including:
Canada South'n. $3.50 North. Pac. prfd. 6,9l2
Del. Lack. & W. 1910 Pacific MALL. II, I4O
Erie ,410 Reading ........ 74SlO
Hooking Valley. 4,5JJ ST. Paul. 42,3iO
Kan & Tex $50 5.650St. p Il O...-... 3, 100
Lake Shore ...26, l42 Texas s. Pacific. 1850
Louis. q Nash.. 1850 North Pac. pref. Is, l56
MichiganCen. 3.120 New York Cen. l7,565
n. j. Cent. II. 200 Wabash Pac. 19O
Western Union. 1896 Union Pac -.--.. .3l,2l0