St. Paul daily globe., 1889-02-06
FINANCIAL.
New York.

NEW YORK, Feb. 5.-Clearings, $l67,5 :
6sS: balances. 6.5SU549. Money on call
easy at 263 per cent: last loan, =; closed of
fered at Dig Prime mercantile paper, 4@6
Sterling exchange dull but steady at S4S6i4
for sixty-dav bills and S4.9SIa for demand.
The stock market suffered further diminu
ton of interest to-day, and the amount of
business done underwent further reduc-
ton. There was considerable selling OF the
grangers for the account of the Westerners,
and the general opinion was that it was short
stock. but no marked selling movement oc-
CURED in any other direction.and while from
the uncertainty of the western situation
prices were allowed to sag, there was little or
the day was the strength displayed in
c., c., G. d l., Big Four and Cheza
peake & Ohio, especially the frst-named
stock. There was considerable talk OF new
arrangements to be made between proper
ties. and il was rumored that there was an
effort to buy the Bee line in the interest OF
the Big Four, as the latter wants to get to st.
Louis, and the general opinion seemed to be
that traffic arrangement would be mace be-
tween them. c., c., G. d ]. was again un1-
snally active and rose very rapidly. showing
: gain of over per cent at its hlghast figure,
although portion of the improvement was
lost before the close, Among the low-priced
shares Chicago, St Louis d Pittsburg stocks,
Chesapeake d Ohio and Alton d Terre Haute
were very strong, but outside of another ad-
vance in Pullman there was no other move
ment of importance in the list. The de-
crease In the amount of business done was
yerv noticeable in the early dealings, and
first prices were generally from ls to IS per
cent lower than last evenings figures. c.,
c.. c. & l. and Pullman showed some
strength in the first hour, but the rest OF
thelist moved off slowly On very moderate
business and fetO.e noon the market had be-
come positively dull. Michigan Central was
quite weak toward noon, but the rest were
unsettled and generally heavy. slowly set
thing down. This state of affairs laste
throughout the session without special feat
ure of any kind, excent a buying movement
in Oregon Transcontinental in the last hour,
which induced some little advance in the
rest of the list. The market closed dull and
rather heavy. generally at something better
than the lowest figures. Almost everything
is lower this evening, though the losses are
for fractional amounts only and C. 9. c. d
]. rose 34. Pullman Ia, and San Francisco
preferred l per cent. Railroad bonds were
someWhatmere active to-day, the sales OF
all issues aggregating 81, S92,'l0O. of whic h
Atlantic &Paciic incomes furnished Si31,-
900; Chesapeake q Ohio currency certlfi-
Gates, S12S, 100, and Reading as, 81 / E, ,OOO
There was more general strong tone to the
dealings to-day and some of the weak bon DIS
the most marked movements Colorado d.
Cincinnati Midland lists rose to 90; Lacka-
wanna rs of 1907, to 142; Galveston, Har-
1isburg d San Antonio DDS, 4la to 1UOl2;
Louisville, New Albany d Chicago lists 2 to
us; Metropolitan lists, 3Ia to 111Ia; Peoria,
Decatur 4, Evansville 2ds, z to 70; San An
tonic a. Aranzas Pass 1865. = to S934. Gov
ernment bonds have been dull bnt firm. State
bonds have been dull and without feature.