St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-06-13
New York.

at o@3 per cent; last loan was made at 90
per cent: closed offered at 2l2 per cent.
Prime mercantile paper, 3@5l2 per cent
Sterling exchange duii: bu 5. STEADY al 20
The total sales of stocks to-pay were 3O2, $50
shares, including: AtchisOn, $3.50; Della
ware, Lackawana & Western, ~, $50; Erie,
$3.50: Lake Shore. l0,64O: Louisville q
Northwestern, 10, 100; New Jersey Central,
5,O5s: Northern Pacific preferred. 1882;
Reading, 9O,37O: st. Paul, 1860; Union
Pacific, 4 1875 Western Union. 1888: Clear
ings to-day, $40. AT ,365; balances, ST, 49,,
sos. The stock market again showed
a gain in the total amount of bust
ness done to-day, but while the tone
of the dealings during the greater por-
ton Of the time was firm to strong 1t was not
fully main tanned in the later hours. and the
of the day. The buying to-day was largely
credited 10 outside Interests, and Chicago,
London, Boston and Philadelphia furnished
their quotas of orders. At the same time.
the selling to realize the profits accrued upon
the recent rise was very large, and i'll the gen
aral list this prevented the improvement
which would have resulted from the liberal
purchases. The temper of the room, now
ever. was decidedly builish. and the feeling
was in great measure due to the growing
which again to-day were among the
leading shares in point OF activity.
The trusts seem to have retired from
the lead and the coal stocks occupied the
first position from a speculative point OF
view Jersey Central. after scoring further
gain of per cent over its best price OF yes
terday, felt the pressure later and retired,
losing all of its early Improvement. me
purchase of the Adirondack railroad by the
Delaware q Hudson was the occasion OF
further squirt in that stock, but, like Jersey,
it could not hold the advance. Lackawanna
moved within comparatively narrow range
and ended the day with small decline, but
the feature of the day was the renewed ac'
tivity in Reading, which road, it was SAID,
was making arrangements OF value to the
company, and, helped by the advance IN the
price of coal, made material gain as the re-
suit of the days operations. The dealings
in the stock reached high figure. and large
blocks changed hands amid considerable ex-
element at times. The strongest stock on
the list however, was Louisville d Nashville,
in which the dealings was large toward de-
livery. and scored the highest advance OF the
day. The grangers were not neglected,
though their movements were made within
comparatively narrow range, and the declslon
of the ST. Paul to abide by the ruling OF the
ASSOCIATION no doubt did much to maintain
the strong bullsh feeling which prevailed
at advances of small fractions, except for
jersey Central, which was up "a; and while
the general list was quiet, the interest was
centered in less than a dozen stocks.
Material advances were made i'll those shares,
however, with the grangers leading, followed
by the Vanderbilts, Louisville u Nashville
and others. The coal stocks then became
the center of interest, and toward noon
marked advances were made by Jersey and
Delaware d Hudson. Reading followed in
the afternoon. and the general list then be-
gan to show more animation. with fractional
gains all over the list. The realiZations,
however became very marked in the last
hour, and prices yielded all over the list,
bod 7, cTlNy in
some Of the lower-priced shares, such as
Tennessee Coal, Louisville, New Albany q
Chicago, Denver q Rio Grande and some
Others The tone of the close was
rather, firm at slight concessions from
less active and showed but little
strength outside of sugar trust though among
the other shares Brunswick was much more
active than usual OF late, and moved up to
rs, and Phoenix retired somewhat: The final
changes are generally in the direction Of
higher figures though they were tor frac-
tional amounts only, except for Big -Four,
which is up W, and Louisville & Nashville,
which rose l "a. Railroad bonds were again
sales was principally due to the increased
interests in the Reading securities, and out
of the total days business of S2.597 900 the
Reading LIST incomes contributed 1888, 600;
the As, 1924, 600, and the "a incomes S165,-
0GO. The Atlantic q Pacific as were also
very active and their sales amounted to
S161.OOO The general tone of the dealings
were again firm, but the changes in quota
tons were very slight and the important
gains and losses are few in number. The
most marked movement was the further adj
vance in the Chicago & st. Louis consols
which rose 2 to Sc, but which SO lately were
quoted at 30, net gain of 8 per cent. The
rise is based entirely on the recent decision
of Judge Gresham, which confirms the lien
upon the road, subject only to a claim of
$4,000. Government bonds have been dull
and firm. State bonds have been dull and
firm