St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-12-16
FINANCIAL.
New York.

NEw York. Dec. l4.-ClearingS Sl33.237,-
049: balances SI,544,.OS for the week:
cleanngs, S151. 46O.64O: balances, S3I. U.s.
2S6. Money on call easy, no loans: closed
offered at 3 per cent Prime mereanule
paper, 667Is per cent. Sterling exchange
quiet and steady at 81. Snl3 for sixty.day bills
and 81 : - Tor demand. The stock market
betrayed the same general characteristics TO-
day as usual of late. but there was stronger
tone 10 the general list and marked advances
were scored in 4 few instances. Less than
half dozen stocks monOpollZed the interest
taken in The speculation while the others
were dull and without feature. London was
not q factor in the dealings, and the
market resolved itself into merely local
affair, but the easier condition of money ana
the prospect of plenty 10 be had al ruling
rates, inclined the shorts to cover i'll the gem
eTal list, while the purchasing continued IN
sugar. and rumOr IN the board that the Vi
colt plan of reorganization IN Kansas ~
Texas had cen accepted and there would be
q settlement between the different commit
tees, brought in heavy buying of that stock,
which made it ore OF the leaders i'll the gen-
eral list. lackaWanna was strong and active,
and the strength in that stock was explained
by the assertion that there was too much
company on the beaI side and some OF the
smaller bears were being forced
over. Missouri Pacific, Notwithstanding
the so-called report of June 80, was strong
al the way out. The opening was steady,
most of the active stocks beng unchanged
from last nights figures but the bears were
inclined to cover all around and strong
tone was developed throughout the list with
Kansas d Texas, Atchison. Lackawanna,
Chicago IL East Illinois preferred, and the
trusts were especially conspicuous for the
advances made. Manitoba also became one
of the leading strong stocks later. The bank
statement was issued early and was cOnSid-
cred favorable. showing a large increase in
surplus revenue, and the upward movement
which had halted somewhat gained in force
and the market finally closed fairly active
and Atroug at the best prices OF
the day. Almost everything on the
list is higher tonight and while
the gains are generallr confined to small
fractions, Sugar rose 3ss; Kansas & Texas,
l5s. and Manitoba, Il2. The sales of listed
stocks reached 81, 81. and sugar refneries
contributed 2Q.320 shares out of the total OF
24.45O unlisted shares. Railroad bonds
were quiet, and while the tone of the general
market was firm, the majority of the impor-
liant changes are declines. The sales were
only S5u0UO0. of which Sl15.OOOwere Kan
sas d. Texas skies, which was the strong
feature of the dealings. Laclede Gas lost
at 50. The sales of bonds for the week were
S7,375, 900 against S7,9ST,OJO for last
week. The ext OFT OF specie from the
port Of New York last week amounted
TO S2S7,, 80 of which $40, 2,35 was in gold
and S217. 500 silver. OF the total exports
ST. .2t,O i'll gold and S125, $50 in silver went
to Europe and S4S. 50 in gold and So, 30
in silver 10 South America. The imports of
specie amounted to S29,u2s, of which Sli,-
Sol was in gold and SI7. l67 silver Gov
eminent bonds have been dull and steady.
Stale bonds have been dull but firm. The
total sales of stocks to-day were 1l5, 81
shares. including: AtchisOn, 1892; Della
ware Lackawanna q " estern, Is, 5Sl: Kan
sas Il Texas. 1880; Missouri Pacific, S.76S:
Reading, 1910; Richmond d West Point,
l,9 50; st. Paul, 2 200; Union Pacific, 1928;
Y estern Union. 2,2l0.