St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-12-01
FINANCIAL.
New York.

New YORK. Nov. 30.-Clearings to-day,
S123.451, 908; balances. S5,555,5O3. Money
on call easy at 2@4 per cent; last loan,
Dig per cent, closed offered at 2l2. Prime
change dull but steady at 81. s4l2 for sixty
day bills and S4.SSA for demand The
stock market was dull throughout the day.
while the movements in prices we're irregular
and confined in most cases within the mar
rowest limits and fluctuations possessed little
or no significance. The market is still wait
ing upon the settlement of the railroad diff
culties, and there seemed little or no DISPOSE
ton to trade. and the market to-day more
than at any time during the past two weeks
was under the control OF the traders ana
bears. Considerable manipulation was appar-
ent in Rock Island, and although the deal
ings in the stock were not large. the crowd
in it was unusually extensive and the deal
ings in it limited. as they were the pivot
upon which the market turned. 1t is be-
lieyed that some SPECTATORS have gone short
of the stock, but in view of the uncertainty
in regard to the course of the management
in the proposed settlement there is no dis
position to touch the stock among the gen.
eral run of operators. Missouri Pacific also
displayed considerable weakness during the
early portion of the day, and was not able to
make up any of the decline. which was in
some measure due to the crop in Manhattan,
which sold down 4 per cent because of the
recent decisions against the company IN suits
lOr UGlldScS. IHC StIOilS POllto III tliC
list was Lake Shore ana, for some time in
the forenoon, st. Paul. There was good buy
ing in the former, which apparently came
from inside sources. Much bull talk was
circulated upon the stock, and its strength
was influential in rallying the rest OF the
list, especially the other Fanderbilts, toward
delivery hour. The news of the day. was of
negative character and had no influence
upon values, although the engagement of
500. 900 in gold for export caused some de-
preston. The opening figures were higher,
in sympathy with London. and the. general
builish feeling. sent prices up fractions
further. The selling of Rock Island, how
ever. had a dampening effect upon the
advance, and the market rapidly lost
ali of the advantage, though out.
side of Missouri Pacific there was no
special weakness displayed. The recovery
was made before noon, and after that time
the list fiuctuated backward and forward
within the smallest limits, dizziness being the
principal feature until Lake Shore came to
The front and infused some animation and
iirlnfess in its speculation. Toward 2 p m.
the most of the advance was made, but in
the last hour sagging tendency again APP
peared The market finally closed dull and
unsettled at insignificant changes from the
opening figures The market is generally
fractionally higher this evening, but the
only marked changes are an advance Of 1is
in Lake Shore and a decline of Ia in Mis-
souri, Paeitc. Railroad bonds were again
very dull. the sales of all issues reach
ing only S916, 600, while the one feature of
the dealings was tie activity aifdstrength in
the Chesapeake e. Ohio As certificates, which.