St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-09-30
GERMANIA BANK.
(sTATE BANK.)
PALD UP CAPITAL. $500, 0co.
Surplus and undivided profits, SIS, 200.
ALEX. RAMSEY, WILLIAM BICKEL,
President Cssh1er.
FINANCIAL.
FINANCIAL.
New York.

NEW YORK, Sept 29-Clearings to-day,
Sl29,477, $50; balances, $50, 1s2, SIG. For the
S34 ,537, 541. Money on call was easy, with
all loans at per cent, but closed offered at
s per cent Prime mercantile paper, 4s4@7
per cent: sterling exchange dull. but steady
at 81. S3I2 for siXty-daY bills and S4.S7l2
for demand. The stock market was ex-
tremely active and decidedly strong to-day
from the opening to the close, and again
everything on the list made material gains for
the day; London had some selling orders in
the market at the opening, and the first sales
were made at irregular changes from the
closing figures of last evening
though declines were in majority
and extended to I2 per cent The
hullish and the market became very strong
Immediately. The opening prices in most of
the list were the lowest of the day. Pacific
Mail and New England developed marked
activity and strength, the latter especially
displaying great buoyancy and with scarcely
a set back during the whole session. it adj
vanced, gaining nearly 3 per cent. East
Tennessee seconds preferred Denver q Rio
Grande preferred and Louisville q Nashville
all followed with marked advances, and
among the specialties Chicago d East Illinois
preferred, Chesapeake & Ohio and Big Four
were very prominent, Missouri Pacific and
Reading Joining the procession later in the
of the list and ceased only with the cease of
business. Much of the buying i'll New
England was attributed to Boston. but there
was large demand for the stock and it was
easily the leader of the market. There was
great deal or realizing of profits on the ad-
vance, but the new buying was sufficient to
absorb all the offerings ana still keep the list
moving in the upward direction. The close
was active and strong at the best prices of
the day. The most marked advances were
New England, pa; Cleveland, Columbus,
Cincinnati 4 indianapolis, IA: Denver Il
Rio Grande preferred and East Tennessee
second preferred, lis each; Pacific Mail
and Chicago & East, ILLINOIS preferred
1 per cent and Others smaller
amounts. The railroad bond market was
again very active, and as the share list
was decidedly strong throughout the ses-
sion. The Chesapeake d Ohio issues were
the special features of the day by reason of
their activity and strength, all making
marked advances. The currency certificates
contributed $4,000 TO the days total of
81, 375, 900. The only other specially active
issue was the st. Louis Arkansas u Texas
IDS, which furnished S219,00O. The re-
maihder of the business was quite evenly
distributed. The most important gains were
Chesapeake d Ohio series B certificates, 37s
to so; the As 3Ss TO 1913; Delaware L. Hud-
son extension rs, 2 to ITO, and the St. Louis,
Arkansas d. Texas DDS, 2Ss to 1928. The sales
of bonds for the week were 81, S7S, 900 against
only 1921 900 for the previous week.
Government bonds were dull and steady,
State bonds were entirely neglected. The
xports of specie from the port of New York
last week amounted TO 1914, 269, of which
81 100 was in gold and $40, 769 silver. AL
the silver went to Europe and the gold to
South America. The imports of specie for
the week amounted to $50, 405, or which
$40 979 was gold and $50. 426 silver. The
total sales of stocks to-day were 259, 1926
shares, including: