St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-01-15
FINANCIAL.
New York.

New York, Jan. 14-Clearings, $50 O6.-
1886: balances, SIS, 9Ol 1881. Money on cali
easy at 2ls@3 per cent; last loan, 3; closed
offered at Big. Prime mercantile paper 4s4
@61a. Sterling exchange quiet, but steady
with actual business at 81. 95la for sixty
day bills and $4.SSA for demand. The
stock market was more active to-day than IL
has been for long time, and its tone was de,
cidedly strong. While there was no marked
Improvement in quotations, except in few
OF the specialties, there was much better
feeling in the street this morning, and most
of the advocates of higher figures were very
hopeful that the long expected improvement
would arrive this week. The foreigners had
moderate buying orders in the market. and
theLondon figures were higher than our prices
of Saturday, and the response to the I'M
proVement was very marked here Ihere
were good buying orders all over the list, and
the market started off with quite boom, but
free realiZ Q ions from parties who had
bought some time ago, upon the formation
of the new agreement had the erect
OF preventing any further marked advance
except in the specialties, and in only few
of them was the movement in prices remark
able. The market presented very animated
aspect, and this was tue throughout the
forenoon, after which time the demand
Stacked off, especially from foreign sources.
The bears made determined resistance to
everv eighth gained and when the demand
for stocks died away their operations lett the
list somewhat feverish and unsettled IN ap-
pearance. More confidence was shown later
in the day. however. and the upward move
ment made further progress toward the close:
The grangers and SouthWesterns attracted
most attention. but the business was very
well distributed throughout the active list.
There were many bull points upon New
England afloat and the stock was very proml-
nent in the forenoon's rise, but made no
further gain after that time. Among the
specialties Pullman became the feature OF
the day, and after small decline rose rapidly
=
were also prominent for the strength dis
played, and these stocks are alone this even
ing in showing marked advances. Inc
opening figures were from "a to % per cent
higher than Saturdays. prices generally:
while Omaha was exceptional with gain OF
l per cent. The market was very active: Dut
no further improvement was made in prices,
and there was even slight falling OH ID
the early trading in most OF the STOCKS
dealt in. This was soon discovered
however. and toward noon more decided
strength was developed, although cotton OIL
was exceptionally weak dropping over per
cent. The dealings presented no speclal
feature. and after noon the market became
quite dull at times, with prices stationary.
Pullman became strong, but in the rest OF
the list the movements were confined to the
narroWeSt limits There was better feeling
toward the close, and the market advanced
slightly, finally closing quiet but firm at put
slight changes from the opening, prices. Inc
final changes are almost all In the dIrecnon
of higher figures although they are for frac-
tional amounts. only except in Pullman,
which rose IA, Omaha 1ss and Consolidated
Gas 1ls per cent. Railroad bonds gave ad-
ditional evidence of the improved feel
ing in securities to-day, being both both
more active and stronger than even
for the past week. The total sales
of all issues which extended to an unusually
large number were 81, 157, 600, and the spe-
cially active bonds were Rock Island 5s
which contributed S299.O0O. the Reading
LIST preferred incomes S226,O %, and the
Reading general As S267,O0O to the days
strong throughout The day and many issues
show marked advances for the day. Bur
lington. Cedar Rapids & Northern lists rose
2ss to 95: st. Paul IS. 212 to 127l2; Gulf;
Colorado d Santa Fee 6s, 2 to 80; Hannibal
4 st. Joe consols. 2 to 122. and Mexican
Central Is, 2A to GOA. Government bonds
were dull and steady. State bodds were dull
and steady. The total sales of stocks to-tay
were 257. sos shares including
Lake Shore ..l2,e ,1lRich'd l. W. P. 6,305
Mo. Pacific...., S,52OISt. Paul. .. .33. 800
Northwestern. IL, 275 Union Pacific. 1856
n. Pacific pfd.. 2500IW estern Union. $50
Oregon Trans. 4,5O0l