St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-04-03
FINANCIAL.
New York.

NEW YORK, April 2.-Clearings, S161,-
PAS, 269: balances, IS, 421, 493. Money on
call was easy at 1906 per cent: last
loan 81, closed offered ats. Prime mer
camille paper 1905. Sterling eX-
change dull, but strong at S4.864 for
SiXty-day bills, and $I.8S34 for demand.
The total sales of stocks to-day were
226, 1913 shares, including: Atchison, 49,
749; Delaware, Lackawanna & Western,
IA, 425: Lake Shore. 1850; Louisville d
Nashville, 3,4O0; Missouri Pacific, 3,110:
Northwestern, 1910; Northern Pacific
preferred, $3.50; Oregon Transconti-
mental, 5.570; Reading, 1920; st. Paul,
6.707; Union Pacific, 9,715; Western I'm
ion, $3.50. The stock market to-day was
dull but somewhat more animated than
throughout the day, almost everything
traded in being left materially higher
at the end of the day. London was a
buyer to limited extent this morning,
and considerable covering was done by
the local shorts, which gave the market
early a strong front. The bears, after
the first demand was satisfied. made
demonstration against the list, but as
to-day was election day in Chicago. and
the Operatorssat that center were doing
very little, while the reports emanating
from there were also less pesSimistic in
their character, the effort was awarded
with but poor success, and the pressure
was soon removed. The covering move
ment assumed larger proportions toward
the end of the day. and the buying for
the long account also showed up more
prominently and the upward movement
became quite marked, reaching all por-
tons of the list AtchiSon. New Eng
land, Reading, Northwestern and Union
Pacific attracted most attention of the
leading shares, and the transactions in
the first named again reached large
figures, and its advance was more
marked than anything else outside of
the specialties. Among the latter, Chi
cagO Gas was most conspicuous and
it became one of the leading active
stocks, while it led the list in the
strength displayed. The San Francisco
stocks reacted sharply from the depres-
sion Of the past few days, and both
common and preferred were strong all
the way out. Memphis 81 Charleston
was another speciality which made a
marked rise, but the others were dull
ket worked smoothly and rates receded
as the day wore along, and the last hour
saw the heaviest buying and the greater
portion of the Improvement was made
at that time. The opening was firm,
though somewhat irregular. and fur
Their Improvement was made Ill the
early dealings, which, however, was
short lived. The pressure was renewed
and everything was carried below the
opening figures with Atchison. New
England and Union Pacific leading the
decline. The coal stocks were particu
larly strong, however, and the small
effect made by the raid discouraged the
bears, and toward noon everything
moved up again. with AtchiSon, Mis-
souri, Pacific and Chicago Gas leading.
Dizziness was the principal feature of
the market after noon, and the move
mentS were small and insignificant.
while no feature of any kind marked
the trading. But after delivery hour
there was renewed buying for both sides
OF the account, and increased animation
was accompanied by pronounced up
ward movement, which reached all pOr-
tiOnS of the list, Atchison and Chicago
Gas still leading. The close was fairly
active and strong at about the best
prices of the day. The entire active
list is higher, and Chicago gas rose "a,
AtchisOn IL, San Francisco preferreu
II, Union Pacific rs and New England
and Burlington & Quincy l per cent
each. Railroad bonds were also little
more animated, the sales of all issues
reaching 400, 900, though this business
was so well distributed that there was
no special activity in any one issue.
The tone of the dealings was generally
firm, though there were few soft
spots, such as the Gulf. Colorado &
Santa Fe and the Colorado Coal issues.
On the other hand the Reading incomes
were all higher. and the final changes
show several important advances. Gov
ernment bonds have been dull and
steady. State bonds have been dull
onI cfaoSu