St. Paul daily globe., 1888-08-25
E. r. BARDEN.
GRAIN COMMISSION,
Wheat, Corn, Oats, Barley, Baled Hay,
Il Chamber OF Counerce. st. Paul.
FINANCIAL.
New York.

NEW YORK, Aug 24-Clearings, S7s,
231.791 balances So, 746, ,74s. Money on call
easy at 112@2 per cent. closed offered at
1l2. Prime mercantile paper 4l2@6l2
per cent. Sterling exchange quiet hut steady
at S4.S434 for sixty day bills and 81 .S734 for
demand. The stock market to-day was in
tensely dull with the exception of the first
hour, when nneariy one-half OF the business of
the entire day was transacted, and, was alter
nately weak, strong and stagnant, with prices
at the close generally Il shade better than
those of last evening. London manifested
considerable anxiety over the presidents
message, and this feeling was reflected
here before the opening, and Canada
Southern and Michigan Central as
the lines most apt to suffer from
any trouble with Canada were especially
weak i'll the early sales Supporting orders
which had been placed in the market, how
ever, soon rallied the list and confidence was
quickly restored. Lackawanna was the
strong feature in the forenoon, seconded by
Western Union, tbe former being bought
again on the proposed increase in the prices
for coal and the hitter on the large increase
in earnings, coupled with the talk of an in
crease in the rate of dividend. The other
stocks were very quiet, but there was some
animation ilf Northern Pacific preferred in
the afternoon, and it was strong in the
face of falling maket at the
time. The transactions were utterly de-
void of feature during the remainder of the
time, aud the trading in the general list was
entirely insignificant throughout. The de-
ehneS at the opening reached 5s per cent in
the general list, and Canada Southern was off
1 per cent and Michigan Central l1a These
losses were further increased by small frae-
uons before the room recovered from it's
scare, but after that time the market moved
up rapidly until the besl figu: g were reached
which was generally before IL o'clock All
animation died out of the list when the up
ward movement eliminated, and a heavy
tone was developed, which extended 10 all
parts of the list though the movement was
exceedingly slow until the last hour, when
some pressure was brought against the list
with the result of Wiping out most of the
early Improvement. The close was very
dull but heavy to weak ut irregular
changes from the opening figures. The
final changes are irregular and for fractions
only, except III Canada Southern, which is
down ] ls and Michigan Central l per
cent. The railroad bond market was dull
though the Fort Worth d Denver firsts re
ieved the monotony withsom2 etivity Gnl
strength, furnishing Sl02, 900 out Of the total
days business. of 81, ,o30,0G0. There was the
usual lack of feature, the list being quiet and
without movel-.ent Of Importance though q
generally firm tone was NANTES. ed in the
afternoon. Government bonds were dull
and steady. State bonds were dull and steady
The total sales of stocks to-day were I30,-
III shares, inclu6ing:
Cam Southern. 4,s70lN. Pacific pfd IA 647
Del, L. Il w. .2O.530 Oregon TransI 3,TGO
Erie...:... 1900 Reading. ......15 $50
Lake Shore. 1852 st. Paul -. Ie. .S25
Northwestern. 4. 100 Union Pacific 5,42l
n. d ". pfd... 4,o50 Western Union. g. l45