St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-01-22

5sl Sterling exchange firm and active at
$4.S6 for sixty-day bills, and 81. 1884 for de-
mand. The stock market was divided one
to-day, with the SOuthwesterns weak and the
dull stocks and specialties remarkably strong
but the general list developed strength as the
day wore along, and the result OF the days
trddlns Is to leave the list generally traction.
ally higher than at the close on Saturday.
The feeling on the street was Conservatory
bullish this moning, but the bears 70 und
weak spot in Atchison. and the attack upon
that stock of Saturday were renewed with
marked effect, an extreme decline of 2l2
per cent being established, and it reached
still lower prices than had been hereto
fore attained, The feeling on the stock
is very uneasy and q great deal was heard
to-day in regard to the financial condition OF
the company and generally expressed de-
sire was for an authoritative statement OF
such condition. The other Southwesterns
sympathized, although not to very marked
extent, in the weakness of AtchisOn and its
influence upon the general list was sufticien
to hold in check the bulling feeling which
prevailed, but the fluctuations in the rest OF
the list, except the coalers and specialties,
were confined to fractions generally. There
was free covering of shorts at the low figures
and this caused sharp rally in Atkinson
and brought the rest OF the list up to some
thing above the previous best figures. de-
crease in the Northwestern earnings Tor the
month of December of over $2OO,OOO
seemed to have no effect upon the
improvement. and other items OF bear
ish information were equally without
influence. The coal stocks were very prom
inent, and Delaware and Hudson was es-
pecially active and strong, followed by Jer
sey Central. Pullman resumed its upward
course, and a net gain OF more than 3 per
cent over the best price of last week was
scored. Chicago gas trust and Lake Erie ana
Western preferred among the inactive shares
were especially prominent for the advances
made, but the others were quiet and strong
hrnY ,rl,o fho dow no fret hrQQE
Atkinson. First prices were only slightly
changed from Saturdays close, except IN
Atchison and Burlington, and while the tone
OF the market was strong at the opening. the
tendency, and although Atchison dropped
"a per cent only Missouri PACIFIC and
New England showed any inclination
to follow, and the losses in them were
for fractions only. Dul.less followed
with rally before noon, when the coal
stocks came into prominence. and Delaware
Hudson, with Pullman, led marked up
ward movement Another attack upon
AtchisOn occurred in the afternoon. but IL
failed to reach as low as in the forenoon. ana
the demonstration was of short duration:
The general list reached the best prices OF
the day toward delivery hour. after which
realizations caused fractional setback ana
gave the market at the close rather heaVy
appearance, the business doing being only
moderate. Atchson shows net decline OF
"A per cent, but Pullman rose 51A. Lake Enc
& Western preferred 1ls, and Jersey Central
l per cent. The railroad bond market to-day
was less active than on any dav since the
activity began, sales reat hing only
s1,477, 900, of which S232,OOO were
tn the Reading general As. The tone of
The trading was generally firm to strong
but there were few marked movements. and
the weakness of Atchison was reflected IN
renewed decline in the Gulf Colorado and
Santa Fe bonds, with some talk of receiver
for the road. The lists lost 2 per cent to
10Y, and the ends, after drop of 5ls per
cent to 7Ol2. recovered to "a, a net loss OF
per cent. There were no other losses of
moment. Burling, Cedar Rapids 4 Northern
lists rose 5 per cent TO 99l2. Government
bonds were dull, but strong State bonds
were dull and steady. The total sales OF
stocks to-day were 229939 shares, includ-
ing:
Del, L. q w. %. $40 Rich. d W. p. 6,4IO
Del. & Hudson. 6,42O st. Paul. .;... go
Lake Shore. -. S.6W, Texas Pacific. $3.50
Missouri Pacific. Is, l25 Union Pacific. 1880
Northwestern $40, Western Union 1925