St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1888-11-03
E. r. BARDEM,
GRAIN COMMISSION,
Wheat, Corn. Oats, Barley, Baled Hay,
IL Chamber of Commerce. St. Paul.
FINANCIAL.
New York.

New YORK. Nov. 2.-Clearings, S122.544.-
3S2; balances, S6,3IIS71 Money ON call
easy at 2664 per cent; last loan ., closed
offered at = Prime mercantile paper 434@
S4S4 for sixty day bills and Sl.s7l2 for de-
mand. The stock market to-day was dull,
but showed little more animation than yes
terday, though buying by the long account i'll
the forenoon and more active operations by
the bears and traders later in the day, and
the latter had the better of the movement in
prices, which left the majority of the list
tractionally lower than last evening. The
dealing in the forenoon were almost entirely
devoid Of feature, but while London, the
doing next to nothing, and the
covering of shorts had nearly ceased
there was a small demand for the long ac
count from scattering purchasers who be
lieVe i'll higher prices after the election and
this served to give IL firm tone 10 the deal
ings, while the movements were confined to
the smallest fractions. The rumors of an
agreement among the Southwestern roads to
advance rates. however. were powerful
enough to make those stocks active and de-
cidedly strong. and they were the only really
strong spot in the list during the entire day.
Missouri Pacific was the special feature, and
slowly advanced throughout the greater
portion of the day until it was forced off by
the raid of the bears i'll the afternoon. Atchi-
son and san Francisco were comparatively
active and strong In sympathy, but the rest
Of the list failed to respond to any
extent. In the afternoon the decrease i'll the
earnings reported by, the Union Pacltic for
Semptember was made use of by the bears,
and heavy pressure was brought against the
stock. as we'll as ST. Paul, and they led de-
cline which brought almost everything be-
low the opening figures. New England also
came in for Il part of the pressure and yielded
readily, rs did also Richmond West Point,
preferred, though the southern stocks were
quiet and featureless throughout the day.
Cotton oil was still active, but yielded with
the stocks on the regular list. The opening
was dull and about steady and beyond the
strength in Missouri Pacific aud the weak
ness of Jersey Central there was no feature
to the trading. though the list advanced
slight. The upward movement was checked,
however, toward noon and Union Pacific
and st. Paul became the leading features by
reason of their weakness and the entire list,
including Missouri Pacific, yielded i'll the
afternoon. Dizziness again became the lead
ing feature and the market finally closed
heavy at about the lowest prices of the day.
Missouri Pacific is up ia 0nd Atchison lis,
but the remainder of the list is lower and st.
Paul is down IL, Richmond d West Point
preferred l ls, New England l per cent and
others fractional amounts. The railroad
bond market showed the usual lack of feat
ure to-day, the onlv movement of import
ance being the declines in the st. Louis,
Arkansas 4. Texas issues. thoughthere was IL
generally heavy tone to the dealings
throughout the day. The sales of all issues
aggregated S1,191 900, but there was no
special activity.rThe advances include Utah
Southern extension seyens. 3 to log Gov
eminent bonds were dull and steady. State
bonds were dull and featureless. The total
sales of stocks to-day were 10 ,432 shares
including: D.. L. d W, 3400; Erie, $3.50;
Missouri Pacific. 22.4S5; Northwestern,
$3.50; Northern Pacific preferred. $50;
Reading $4,000; Richmond d West Point
1870: ST. Paul, 1879; Union Pacific,
2O,G50: Western Union, 8, 702.