St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-11
FINANCIAL.
New York,

NEW YORK, April 10.-The clearings
today were s119, 591 ,974; balances, sc, 1885,
973. Money on call was easy at 3@419 per
cent; last loan, 3 per cent; closed offered
at per cent. Prime mercantile paper,
1906. Sterling exchange was dull but
firm at 81 81 for 6O-day bills, and S4.9S%
for demand. The total sales of stocks
to-day were 296,335 shares, including:
Atchison, 40,554; Delaware, Lacka-
wanna & Western, $500: Denver, Texas
d Fort Worth. 5,s42; Lake Shore, 4,515;
Louisville & Nashville, 2O.275; Missouri
Pacific, $500. Northwestern, $50;
ing, $4,000; st. Paul, 1884: Union
Pacific, 1860; Western Union, 6,465.
There was more activity IN the stock
market this morning than during the
same hours for a long time, but later
the market quieted down and lost
portion OF the early gains, but prices
at the close were materially higher than
those of last evening. The foreigners
were the chief factors to-day in contin-
ulng the advance, and while the early
London cables reported handsome adj
yanceS over our prices last evening, the
foreign buying orders in this market
were sufficient to open stocks from a
to p per cent higher in the general list,
while Atchison, which was favorably
affected by the fact that the efforts of
Messrs. Kidder, Peabody & Co. to bring
about a change in the directory were
meeting with some success, was up 81
per cent. The feeling was generally
bullish, and the scare over the low
bank reserves reported last Saturday
seemed in view of the large purchases
by the secretary of the treasury to have
entirely passed away. Still there was
considerable realizing by the long inter-
eStS, and after the opening squirt, while
the market maintained firm tone. the
changes in quotations were in but few
cases for more than slight fractions. st.
Paul led the upward movement and wa
followed by Lake Erie & Western pre-
ferred and later by Burlington, but the
gains in no case were for more than
fractional amounts. Manhf 1tan came
TO the front toward noon al d made a
squirt or 3I per cent, which there is no
evidence to show was anything m ire
than manipulation, as the rest of The
list retired slightly from the best | ii :es
OF the morning before noon. Up
to this time there had
been large volume of business, and
nearly twO-thirdS of the entire DAYS
business was transacted before noon,
but after that time there was steadily
decreasing business done, and fiuctua-
tons were confined to the smallest frac-
lions except in few Specialties, among
which Denver, Texas q Ft. Worth and
San Francisco preferred were most
prominent. In the unlisted DEPART
ment, however, there were some sharp
movements, and sugar trusts Oh very
large business advanced AZ, aud Bruins
wick, which is attracting somewhat
more attention than of late, q to 217S.
There was some heavineSs toward de-
livery hour, but Atchison was the only
stock showing any marked ami
nation, and finally closed quiet
but strong at close to the best
prices of the day. Colorado Coal is
y per cent lower this evening, but with
that exception the entire active list is
higher, and Manhattan rose 215, Con-
solidated Gas II, San Francisco pre-
ferred rs, Louisville & Nashville per
cent, and others fractional amounts.
Railroad bonds were again fairly active
to day. the sales of all issues aggregat-
ing Sl,S04, 600, though the only marked
activity was in Louisville, New Albany
d chicago consols, which contributed
S145,O00 to the grand total. The tone of
the market was strong throughout,
though there were some Weak spots and
a few marked losses sustained. The
most noted advances were in st. Paul.
Chicago 81 Missouri River IS 2 TO 1OI.
and Shenandoah Valley general receipts
3 to 80. On the other hand, Colorado
Coal is lost 2112 at 9S. and Alton & Terre
Haute dividends 8 at 40. Government
bonds have been duh and steady. State
bonds have been dull and without feat.
ure,