St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-06-26
j. j. WATSON, BRO. & HYNDMAN,
90 East Fourth Street,
REAL ESTATE AND MORTGAGE INVEST
MENTS.
FIRE INSURANCE AGENCY.
FINANCIAL.
New York.

NEW YORK, June 25.-Clearings, S64 657,-
161 balances S6,4S7.S56. Money on call
easy at 102 per cent: last loan LIE, closed at
1@112. Prime mercantile paper, 4@6l2.
Sterling exchange dun but steady at 4. S654
for sixty day bills, and SISSY for demand.
The usual heat of the past few days had the
effect of keeping large number Of members
away from the board to-day, and the interest
taken in the labors of the political conven-
ton at Chicago restricted the business done
by those in attendance to the smallest posi-
bic amount. The opening was extremely
dull, with prices rather heavy. and though
the traders showed an indisposition to
operate pending the nomination the room de-
veloped a reactionary tendency. Prices slowly
sagged off with no life III the dealings be-
yond the trading in Rock Island, in which
all attempt to market 800 shares brought the
stock down Dig points. The downward ten
dency spread to the general list and became
intensified after II o clock, and st. Paul and
Reading took the lead. After the announce
ment of the nomination some dissatisfaction
was expressed, and though there was some
attempt to make boom on the strength of
the completion of the laborS of the conven-
ton there was more heavy selling than had
been seen at any previous time of the day,
and with an increased activity more decided
weakness was developed. In this latter de-
cline Reading st. Paul, Union Pacific Mis-
souri, Pacific, Lake Shore and Northern Pa
cific preferred were most prominent There
was, however, no special feature of import
ance shown. the dizziness being less only by
comparison, and the market finally closed
quiet and weak at the lowest prices of the
day. Although the fluctuations throughout
the day were small the steady decline left
prices in many of the stocks traded in, and
while the whole active list was lower, Rock
Island is off 112 Lake shore. Mis-
souri, Pacific ana St. Paul preferred
1l2 each; st Paul 11s; Reading.
and Canada Southern ia. Lackawanna and
Atchison lis. The railroad bond market
was somewhat more active than stocks, the
sales of all issues being Sl,270,00o while
the tone of the dealings was in marked con-
trast, being steady to firm almost all the way
good mortgages. though the general list
shows but slight changes from last previous
sales. Burlington. Cedar Rapids 4 Northern
firsts lost at 90 and Peoria, Decatur &
Evansville seconds at I02. Government
bonds were dull and steady to firm. State
bonds dull and steady. Petroleum opened
al 725Sc, closed at 1850; highest 73l2c;
lowest, 729sc; sales. 706,0 900 ba rrels. Mining
stocks quiet. Dry goods-Trade was quiet in
all departments, but the movement of goods
on old engagements was very large. The
The total sales of stocks to-day were Ill.,
024 shares, including:
Del Lack. d. W. 5,o14iReading rs, 40
Fort Worth. 6,9l0 st. Paul %, 30
Lake Shore. 80. 10, 405 Union Pacific 400
Northwestern. $500
Illinois Central, 100; Mexican ordinary,
40I: st. Paul common, 665s; New York
Central, 1914; Reading, 3uss. Bar silver
42lsd per ounce. Calcutta linseed, Sos I'd
per quarter. Turpentine spirits, 2Ss per cwt.