St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-06-19
GERMAMIA BANK,
Estate BANK,)
PAID UP CAPITAL, 100000.
Surplus and undivided profits, S55, 200.
ALEX. RAMSEY, WILLIAM BICKEL.
President Cashier.
FINANCIAL.


NEW YORK, June 1S.-Clearings to-day
were S77,915,l1 balances ST., 1913, 439.
Money on call easy at 1@l l2c per cent. Last
loan lee closed s at l@ o Prime mer
change dull and unsettled, with actual bust
ness at 81. S6s4 for sixty day bills, and
81. SSl2 for demand. The stock market was
dull, but generally strong to-day, subject to
spurts of activity in spots with some ham
mering by the traders. There was no news
of character to have much effect upon
values. but there was general sentiment in
favor of better figures, and disposition to
buy to limited extent, while on the other
hand the new tariff promulgated by the Iowa
commissioners, was found upon further eX
animation not to be as favorable as was at
first supposed. and there were further engage
ments of gold for export. Missouri Pacific
became the feature OF the trading late in the
day. while New England, at the opening. was
conspicuous for its activity and strength.
The grangers seemed to be well supported,
though there was considerable manipulation
of ST. Paul by parties trying to accumulate
stock, and R ock Island exhibited some weak
ness late in the day. The opening was quiet
and generally firm at but slight differences
from Saturdays closing prices, and a strong
tone was developed at once, fractional adj
vances being made over the entire list in the
first half hour. The traders then INDUCED
in little hammering, though the effect pro-
duced was not specially encouraging and the
list soon became dull and featureless
prices again crawled upward. After noon
there was marked improvement in the tone
OF the dealings and Missouri Pacific came
into prominence, and before p. NJ had adj
vauced nearly per cent. The best prices
were attained about o'clock, after which
time there was very little feature to the trad
ing. and the market finally closed quiet and
firm at or near, the best figures reached
Among the unlisted securities American con-
ton oil was again active, and, while strong at
first. reacted later and closed with very little
change, The final changes are generally in
the direction of higher prices, but they are
confined 10 small fractions eXceptin the case
of Missouri Pacific, which advanced l per
cent The railroad bond market was quiet to
dull except in the Texas Pacific DDS and the
Nickel Plate lists, which furnished 1928. 900
and Sis, 900 respectively out of total days
business of 1921, 900. The tone of the
trading was firm, but the changes in quota
tons were confined to small fractions only
except in the few cases mentioned below.
Central Iowa first certificates rose 1l2 to
76l2; Norris & Essex lists to 142: and
Ohio Southern incomes 2 to 81. Government
bonds were duh but firm throughout. State
bonds were dull and unchanged. Petroleum
opened weak at T65sc: highest, 7634c: low.
est, 7212c; closed at 73c. Sales 2,6l7, 900
bbls. Dry goods-No general inquiry was
presented, but fair request for seasonable
specialties, also demand for miscellaneous
classes of cotton goods. The total sales of
stocks to-day were 166,769 shares. includ-
ing:
D., L. & w.. 6.55 lReading. ZOO
Lake Shore. 1925 Texas Pacific. lao
Mis-. Pacific. $3.50 Union Pacific. $3.50
Northwestern. 6,570lWest'n Union. $3.50
n. Pacific pfd,.. 3, 220l