St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-11-02
e. r. BARDEN,
GRAIN COMMISSION,
Wheat. Corn. Oats. Barley, Baled Hay.
II Chamber of Commerce. st. Paul.
FINANCIAL.
New York.

New York, Noy. 1;aClearings, S119 $50,
easy at . TO 3 per cent; last loan Dig, closed
offered at 2l2. Prime mercantile paper 4s4 to
81 ga for sixty day bills and SfS7l2 for de-
mand. To-day's stock market. was the dull
we have had for some time, but in the
absence of any pressure TO sell stocks, prices
took their natural course, and the result was
firm to strong market from opening to
close. The holiday in London had much to
do with the decrease in the amount of bust
ness done. but there was great indisposi-
ton 10 operate pending the election, which
is fast becoming the principal subject of con-
versation upon the street. and even the
traders did next to nothing. There was con-
siderable animation in few stocks, however.
and they generally showed mcst strength
and closed with material gains over last
evenings prices. Missouri Pacific was again
conspicuous for strength, and its advance
was aided by the reports that rates in that
section were being rapidly restored, and an
era of good feeling between the roads is be-
ing inaugurated. Reading was the leading
feature of the day and the late assertions
about the non payment of the interest upon
the incomes had less effect, while reports
from Philadelphia that the road would show
a large surplus over interest charges gave 1t
a buoyant tone at times. Its strength was
impaired TO the other coalerS later in the
dav, and they all moved up handsomely,
especially Jersey Central New England oc-
cupied a very subordinate position in the
market until late in the day, when it became
more active. and advanced sharply with the
rest of The list, though there was nothing
new in regard to the property OF the
remainder there was little 10 say except that
Union Pacific was quiet but firm, and in the
unlisted department Cotton Oil was very
active and decidedly strong, and San Fran
cisco among the specialties also moved up
rapidly on small business. The opening
was dull but generally higher, and while the
dizziness continued through bout the day to be
the feature of the dealings, the firm tone also
doing q very moderate business soon became
prominent for their steady advance. Mis-.
souri, Pacific, Terminal, Reading. Union Pa
cific and New England in turn led the adj
vance which continued without setback OF
any kind until the close which was quiet but
firm at the highest prices of the day. The
active list is invariably higher this evening
San Francisco preferred rose pig, Missouri Pa
cific ll2, Reading and Jersey Central each "A,
New England / per cent and others trac.
tional amounts. The railroad bond market
shared the dizziness of the share lust, but
failed to respond to its marked strength,
though its tone was firm throughout, and the
maority of the issues traded in are higher
this evening. The sales were only 1891, 900,
and no special animation was notable eX
cept in the Reading and Texas Pacific bonds
The principal gains include Tennessee
divisional SIS 3. TO 40. feature Of the
dealings was the further drop in st. Louis
Arkansas & Texas list which lost 2I2, at
1894 Government bonds were dull and
steady. State bonds were dull and steady
The total sales of stocks today were 12S,-
CHI incl Hinn