St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-10-13
E. r. BARDEN,
GRAIN COMMISSION,
Wheat, Corn. Oats, Barley, Baled Hay,
Il Chamber OF Commerce. st. Paul.
FINANCIAL.
New York.

NEW YORK, Oct. 12.-Clearings, SIPS, $685.
135; balances, SS,S92,177. Money on call
easy at pow per cent; last loan at Ola;
closed at 2l2. Prime mercantile paper, 4%
@6l2. Sterling exchange quiet and steady
at 81. S3la for sixty-day bills, and 81. SSI2 for
demand. The stock maket was intensely
dull to-day from opening to close, and the
stagnation was relieved only by the move
ments in few stocks, which completely
mOnopoliZed the interest taken in specula-
ton. The trading in the general list was
nearer to complete standstiil than at any
time since midsummer, and. with the eXcep-
ton OF half doZel stocks, the extreme range
OF values for the day was ls of per cent.
There was some little trading for foreign ac-
count. but it was of little significance, as was
also the transactions by commission houses,
the bulk of the business done being for pro-
tesslonal. and ii was notable 1act that, not
outstanding the fact of the usual dizziness.
prices were well sustained throughout the
list and firm tone even marked the deal
lngs during most of the time. There was no
disposition to trade in any direction, and this
was ascribed in some degree to the fears of
serious consequences of the labor troubles in
The West. The market was quiet and about
steady at the opening this morning. and in
the subsequent transactions New England
and Cotton oil monopoliZed all the interest
taken IN the speculation, but except in the
latter movements would net have been
noticed in an active market. Toward noon
ali fear disappeared from the list and the
trading came almost TO an entire standstill,
while no movement could be noticed any,
where in the list After IL o'clock
however, the Richmond & West Point stocks
were taken hold of, and the preferred rose
nearly 2 points, and East Tennessee second
preferred point on a largely increased bust
ness, though there was nothing new in the
negotiations to warrant any new rise in them.
AT the same time marked weakness was
shown in st. Paul IL Duluth, which finally
another j and later SnpCI0l
weakness developed in Oregon Short Line
Toward the close of business there was a
little more animation with more decidedly
firm tone. but the fluctuations were still con-
fined to the narrowest range and no move
ment of importance resulted. The close was
dull and steady to firm at about opening
prices. The final changes are generally for
the smallest fractions, with the advances in
majority, but East Tennessee second pre-
ferred rose 15s, Richmond a. West Point
vile, New Albany d Chicago lis, while
st. Paul & Duluth lost 4l2 and Oregon Short
Line 1I2. The railroad bond market was
again quiet and in the main featureleSs.
though the report that the Reading company
had given notice that it could take no more
orders for city trade for delivery this month
stimulated the incomes of that company,
and the seconds became very active and
contributed S241. 900 to the days total of
S1.2UO.00O, as well as rising nearly point
The tone of the market was generally firm,
and final prices are in most cases higher than
those of last previous sales. The principal
gains comprise Central Iowa tirsts certifi-
Gates, . to So, and Denver & South Park
firsts. . to 70. Government bonds were dull
and weak for the As. State bonds were dull
and featureless. The sales of stocks to-day
were 124,I1S shares, including: Lake Shore,
1850; New England. l4900: Reading H.
900: Richmond d West Point, IL, 235: ST.
Paul 11,6OO.