St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-09-22
FINANCIAL.
Now Work

NEW YORK, Sept. 2l.-Clearings, S133. 031,-
434; balances, 4,3O7,531. Money on call
easy at 1902 per cent; closed offered at z.
Prime mercantile paper, -5h@71s: sterling
sixty-day bills and Sass for demand. The
stock market was much less active to-day,
the sales being the smallest for more than
two weeks. and the tone of the dealings was
again feverish and weak, though the final
changes are about equally divided between
gains and losses. There was evidently dis
position on the part OF operators to await
further developments i'll several directions
before entering into new ventures and the
days transactions were entirely free from ex
element of any kind. To many the dizziness
and apathy were quite as surprising as the
wide and rapid fluctuations OF week ago,
the range of values being in most of the list
within very narrow limits. The Changers
took a secondary place in the speculation
while the YandeTbilts were most conspicuous
bv reason of their activity and strength in
the face of the weak tone which character
lied the general list. The rise in those
shares was aided by the reports of the har-
moniouS feeling at the trunk line meeting,
but the street believes that the purchases
are largely for inside account The speci-
ally weak spots in the list to-day were the
Southern stocks and Northern Pacific,
and the bears used the reports OF
The yellow fever in that region against
the stocks of the Southern roads,
Louisville and Nashville being particularly
London, and in all probability by the de-
feated party at the last electio II, though the
illness of Mr.. Wright had a depressing in
fiuence upon the stock. The coal stocks and
the Gould stocks were quiet throughout the
day, but New England was feature, being
active and strong on buying for Boston ac-
count, the latest story being that there is to
be a contest at the next election and the buy
ing is to obtain the balance of power. The
opening figures were very little changed
either way. but Louisville and Nashville was
down Is per cent. The market made some
slight advances in the first few minutes, but
soon began to yield, and under the lead
OF ST. Paul and Northern Pacific preferred
material declines were established in the
first hour. Lake Shore then came to the 'front.'
and The market took on letter tone, recov-
ering somewhat. The movement was aided
by the strength in New England after noon,
but il eliminated by l p. m. Louisville d
Nashville again displayed marked weakness,
and the rest OF til list responded, losing all
the previous advantage. Missouri Pacific be-
came the special weak SPOT i'll the last hour,
and the market finally closed quiet, but
weak at irregular changes for the day. The
final changes, except losses of Ia in Louis
vile d Nashville and per cent in Northern
Pacific and for fractional amo UNITS only.
The transactions in bonds were small
to-day, aggregating only SS24,UOO and
the tone was again heavy, though
the final changes in quotations are somewhat
Irregular There was no feature whatever to
the dealings and no animation anywhere in
the list Government bonds were dull but
firm. State bonds We're duh and steady.
Petroleum opened steady at 92l4c, 4c below
last nights close. and after a slight advance
in the early trading became heavy and sagged
off to 9lssc A slight recovery then occurred,
and the market closed steady at 9l3sc. The
total sales of stocks to-day were 232s240
shares, including:
Canada Sthrn 8 400 Oregon Trans. 1850
Del, Lac. a VII, 800 Reading ......14, 100
Missouri Pac.. D, 100 Il. d W. P. loo
Northwestern. 9,200St. Paul. ....1O2, 400
Nor. 4 W. pfd. 6.662 Union Pacific. S.1l5
n. p. pfd..... 2l.S5 West. Union SAB