St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-03-13

call was easy at 215@3c per cent; last
loan 21a, closed offered at 21s. Prime
mercantile paper 1906. Sterling
exchange dull but steady at S4.S5I
for sixty-day bills and s4.ssA for de-
mand. The total sales of stocks to-day
were 1896 shares, including: D., l..
& Western, 14,900; Erie, 4,3OO; Lake
Shore, 1890; l.. d ~. $500; North
western, $500; Reading, $4,000; st.
Western Union, $500. Clearings to-
day were s144 3S3,911; balances, ST.
5S3,026. The stock market to-day was
dull and stupid almost throughout,
with very little movement in prices, and
after the first hour general sagging
tendency, which had the effect of leav-
ing most shares tonight slightly lower
than last evening. The copper sensa-
ton has ceased to have any effect upon
the stock market, and this morning, not
outstanding that the adviceS from the
other side in that matter were very
favorable, there was no response to the
good news. The covering eff shorts
which was so marked a feature yester-
day afternoon was lacking to-day, and
in the absence of any disposition to buy
there was nothing to hold quotations
outside of the usual small demand, and
while there was on the other hand 10
inclination to hammer prices, the
market sank into intense dizziness
and prices, after the first squirt,
sagged off slowly and became stagnant.
The waiting disposition seems to have
again taken hold of the local operators,
and after the price of coal has been
settled and the meetings of the Illinois
Central and the st. Paul directors are
over and we have heard of the final in
tention of Commissioner Walker, there
may be more decided character to the
speculation. There was considerable
lrregularity to the movements within
was stubbornly held there was some
weakness in the afternoon in New
England, and during the earlier
hours Lackawanna and Manhattan
last a point. Pullman also retired
business. Reading, St. Paul and Lacka-
wanna were the only stocks showing
any animation in the regular list, but
Cotton Oil was again very active, and,
after drop of Is per cent, remained in
the neighborhoOd of its lowest figure
for the remainder of the day. The
movements in the others were entirely
insignificant. The opening prices were
generally from Is to 5s per cent above
this advantage was further improved in
the early trading by small fractional
advances, which, however, in no case
exceeded q per cent. st. Paul
was the only really active
stock, though Reading, Lacka-
wanna and New England afterwards
came to the front. The strong tone dis
appeared after the first demand was
satisfied and the list was quickly
brought down to below the opening
figures, after which the most intense
dullness marked the trading and stagna-
ton became the leading characteristic
of the market. Louisville 81 Nashville
showed some strength and. New Eng
land declined somewhat in the after
noon. but no other feature was shown,
and the close was dull and steady, gen
orally at slight fractions under the
opening figures. The final changes are
irregular, but declines are in majority,
though except in the case OF Pull
man, which lost 2 per cent, the
changes are for fractional amounts
only. Railroad bonds were quiet. and,
like the stock market, were irregular,
with slight changes in Quotations,an and no
marked feature of any kind. There
was some animation in the Milwaukee,
Lake Shore & Western convertibes
and the Louisville. New Albany 81 Chi
cagO seconds, but while the total sales
reached S1,207 900 there was no special
activity in either. The advances in the
list include Harlem lists, to 1874. Gov
eminent bonds have been dull and
steady. State bonds have been entirely
neglected.