St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-14
E. r. BARDEN,
GRAIN COMMISSION.
Wheat, Corn, Oats, Barley, Baled Hay.
IA Chamber of Commerce, st. Paul.
THERE'S MONEY FOR THEE.
Twelfth Night w., l.
New York.

New YORK. Feb. 13.-MOney on call
easy at 11a(92 per cent; last loan ~,
closed offered at u. Prime mercantile
steady at 4.S6 for sixty-day bills and
$4.SS15 for demand. The stock market
was divided one to-day, and while in
some cases the best prices of the week
were reached, in others the lowest
prices known for years were established.
The general tendency of prices was up
ward. but the grangers were still the
disturbing factor in the situation, and
the weakness displayed in these shares
gave the rest of the list rather fever
iSh appearance, and the final changes
are irregular. The market, how
ever, gave unmistakable evidence
of a disposition to break away
from the grangers entirely, and
outside of those stocks and the few
specialties which have made unusually
large gains of late there were no de-
clineS to speak of, and the decided adj
vanceS were quite numerous. The an
nOuncement late last evening that the
Illinois Central had signed the agree
ment was cOntradicted this morning,
and bearish dispatches from Chicago
were again predicting the collapse of
the Interstate association. and there
was renewed liquidation in the grangers,
with Illinois Central. Burlington, Rock
Island and Omaha preferred became
established, all reaching the lowest
prices for long time. The other gran
gers, st. Paul, Northwestern, and
some others were comparatively
well held, and came out at the
end of the day about even with
last nights figures. The weakness in
stocks mentioned had a marked in
fuence for time upon the rest of the
list, but they soon broke away and for
the remainder of the day they were
strong all the way out. The first to
show any marked improvement was
Richmond & West Point, which became
very active and rose about point upon
the receipt of the news that the attor-
ney general of Virginia had refuse d to
proceed against the company in the
suit to forfeit its charter. The Wander
bits were all strong, though only in
Canada Southern, Cleveland, Columbus,
Cincinnati Il indianapolis and Big Four,
the last two of which again made very
marked gains, were the advances of any
note. Among the specialties the Chesa-
peake Il Ohio. Lake Erie d Westerns
were most prominent for strength,
while Pullman had weak spell AGAIN
and retired over per cent. At the
opening London had some selling or
ders and the Chicago people were SELL
ing the grangers while most of the buy
ing was from the commission houses,
and the market was quiet with little do
ing for that time of day outside of few
leading shares. The first prices were
irregular, but in most cases lower, de-
clines extending to Is per cent. The
weakness in the grangers appeared i'm
mediately and Burlington took a drop
of over point. At noon most shares
were shade below the OPEN
ing figures. Comparative dull
ness Overspread the list in the
afternoon, but G. G. 9. & l. and Big
Four came to the front, and as the day
wore along the upward movement be-
came more pronounced and more ami
nation marked the trading. The mark
ct finally closed active and strong. gen.
orally at small fractions better than first
figures. Pullman is off 21s; Burling-
ton, ~, and Rock Island. rs, but
Wheeling & Lake Erie preferred gained
The railroad bond market was again
comparatively quiet, the sales of all
issues to-day aggregating only 81. 1885,
600, but out of this amount Atlantic &
Pacific As contributed s175,0OO, and the
international IS 100000. The weak
ness in the latter bonds was the
special feature of the day, but
the general list was also in
cllned to droop, and the final changes
show majority of important declines
for the first time since the first of the
year. Among those which are lower,
International seconds lost 81 at 6634.
The advances include c., c., G. 4 |.
general skies, 2 to 116; Milwaukee, Lake
Shore and Western Michigan division. 3
to lis: and Peoria. Decatur & Evans
vile fists, to 100. Government bonds
have been dull but firm. State bonds
have been dull and steady. The total
sales of stocks to-day were 259, 900 shares,
including AtchisOn, 1890; Canada
Southern. 11,40o; D., L. & W., n.75O;
Erie, 4,12o; Missouri Pacific, 400;
Northwestern. 5,14O; Northern Pacific
Evansville, $3.50; Reading, $500; Rich
mona & West Point. 27,6sO; St. Paul,
1880; Union Pacific, S.265. Clearings,
$11S, 454, 1874; balances, $5,2SS,656.
New securities were to-day listed on
the stock exchange: S18.1l6,OOO first
mortgage bonds of the Chesapeake &
Ohio railway; Norfolk Il Western rail-
road. 100000 additional S per cent
equipment bonds; Cleveland u Canton
railroad, $4,000 additional first mort
gage bonds; Gulf, Colorado & Santa Fe
railway, $4S0,o00 additional first mort
gage bonds and $4,000 additional Sec
Ond mortgage bonds; Buffalo, Roches-
ter & Pittsburg railway, $5s6,OOO addi-
tional general mortgage ; Chicago & In
diana Coal company, $4,000 additional
first mortgage bonds; Chicago q East
Illinois railroad, $685. 200 general mort
gage bonds; Albany & Susquehanna
railroad, 1921, 900 additional first con-
solidated mortgage bonds; Chicago,
Peoria 81 st. Louis railway, $1,5O0,000
first mortgage bonds; Litchfield, Car
rollton & Western railroad, 100000 first
mortgage bonds; Prescott & Arizona
railway, S775,000 first mortgage bonds,
and $775.000 second mortgage bonds;
Sunday Creek Coal company, S1.5O0,00
preferred, and 81, $50, 900 common stock;
Chicago, Rock Island 81 Pacific, $780,
900 additional extension and collateral
bonds.
r. M. NEWPORT & SON