St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-06-04
FINANCIAL.
New York.

New York. June 2.-Clearings to-day were
S190, 800, IA; balances, 5.S79, 700. For
the week-Clearings sos, 353. 643; balances
S26,524,237. Money on call easy at 1Gl112
1@ll2. Prime mercantile paper. 4@6.
Sterling exchange dull but steady at 81 S6N
for sixty-day bills and SISSY for demand.
The stock market to-day was the dullest
and most uninteresting so far during the
present depression and was almost entirely
devoid of feature. The alarming reports of
the illness of Mr.. Gould received from the
West gave weak tone to the opening this
morning, and first prices were generally from
1sc to SSc below those last even
ing. A general disbelief in the rumors
circulated soon became prevalent, however,
and the market, while extremely dull, re-
gained its tone in the early trading, The
business done was entirely in the hands of
professionals. and fluctuations were confined
to the smallest limits, all except Union Ia
cifc being traded in within a radius of "a per
cent. The last mentioned stock, however,
was. strong on the favorable showing of its
report, just issued, which induced considera-
BILE covering, and it advanced lis in the first
half hour. AT the same time Missouri Pacific
displayed some weakness, but later recovered
a portion of its loss. Toward IL o'clock the
market again exhibited declining tendency
and prices shaded off slowly until the
close. the dealings from that time be-
ing utterly featureless. The close very
dull and rather heavy at about first
prices. The amount of business done during
the two hours was only 52.247 shares Tn
final changes are almost without exception
in the direction of lower figures. but they are
confined to small fractions. The railroad
bond market was little more animated than
the share list, but the sales were only $780,
600. The same lack of feature marked the
dealings, and beyond the rapid recovery in
South Carolina DDS there was no movement
in the list worthy of me ntion. Final changes
quite irregular Among the advances ST.
Paul, II. d D., 5s rose 2 to 1882; Michigan
Central 5s of 1902, l to l0SI2, and Oregon
Transcontinental 6s 1 10 9Sl2. Kansas d
Texas IS lost L at 81, and the rs at 90 :;
Texas Pacific new DDS l at 3SI2, and Great
Western first certificates at 81. The sales
of bonds for the week were only 81, 996, 900,
against S6,990,000 for last week. Govern
ment bonds were dull and steady.
State bonds were dull and featureless.
The exports of specie from the port of New
York last week amounted to $261. ZIG, of
which $4,000 was in gold and S23S. ZIG
silver. All the gold and So. 512 in silver
was consigned to South America, and S215,-
z "a in silver went to Europe The imports
of specie for the week amounted to S81,OS4,
ofwhich S66,714 was in silver and 1870
gold. Mining shares were dull; Amador.
SO; Proustite, S1.10@1.15; Ell Cristo,
81 30; Union Consolidated, 1895. The half
holiday Saturday law became operative to-
day. and Will continue for four months.
Buyers should remember this in calling for
shipments. The close of the week shows a
large business completed through auction
sales of flannels, delivered on orders for
autumn clothing woolens, and a large bust
ness III cotton goods as new purchases and
forwardings on old engagements. The total
sales of stocks to-day were 52,247 shares,
including:
Lake shore. =. 6,450lReading. ...... $3.50
Louisville Il n. 2,200iSt. Paul ........ $500
Missouri Pac.. 1920 Union Pacific. IL, go