St. Paul daily globe., 1889-05-23
New York.

NEW YORK, May 22.-Money on call easy at
1Ia@2l2 per cent; last loan. ZIP; closed Of
5ls. Sterling exchange dull, bat steady, at
4S514 for sixty days and S4.s9a4 for de-
mand. The total sales of stocks to-day were
3O7, ,3OS shares, including: Atchison, 16,-
435; Delaware, Lackawanna d Western,
1929: Lake Shore, 300; Missouri Pacific.
1O.e35; Northwestern. 1885 New Jersey
Central, a.7s0; Northern Pacific, 5,195;
Northern Pacific preferred, 10000: Read
ing, 80. 300; st. Paul, 49.60O: Union Pacific,
4.10O; Western Union, 21,473. The stock
of the dealings was stronger and especially
for the grangers, coal stocks and
gas shares. There was some lively
covering in some of the favorites and a
few stocks made very marked advances. st.
Paul to day attracted most of the interest,
and the steady buying in that stock was vari-
ously attributed to different influential
parties. The stock crossed 70 for the first
time since the break cf last September. The
bullish feeling OH the other grangers met
in earnings reported for the Northwestern
for April, and the dealings in that stock were
not SO large as usual of late. The decision
in favor Of the Chicago Gas trust yesterday
1l2 per cent. but upon the report that there
would be an appeal, there was plenty of stock
for sale at the advance and some re-
action was made, but later there were
opinions circulated that no appeal would
be made and further advance took place.
The coalers occupied prominent place in
the market and though Reading was first
among them in point Of activity, Jersey Cen
tral showed most strength and rose per
cent. on the expectation of dividend in a
short time, and the figures reached were the
highest attained by that stock in many years.
The market again displayed an unmistakable
broadening tendency, and several stocks
which have been almost totally neglected of
The Gould stocks were also more prominent
and Western Union, after period of Teac-
ton, became active and moved up fraction
ally with the rest of the list.
AMONG THE SPECIALTIES
there were some wide fluctuations, and Pitts
burg 4 Western preferred, Oregon NavIga-
ton and few others were decidedly strong,
while Marquette, Houghton d. Ontonagon
declined sharply, though portion of the
loss was recovered. The opening prices
also higher, but London was doing little or
nothing in this market, and was at no time a
factor in the course of prices. New England
became marked feature of the dealings in
the first few minutes-large Eastern orders to
buy being executed-but the demand for the
stock died away toward noon and retired to a
secondary position in the market again.
Chicago gas took the lead in point Of
activity. in the early trading, but it
tire tired n0 While the 1eI nnvaFd
movement in the general list was confined
to small fractions only st. Paul and few
of the specialists showed more strength to-
ward noon, although the market began to
show periods of comparative dullness, but
Chicago Gas soon became strong after IL
o'clock, and st. Paul attained It's highest fig
ures; the coal stocks came to the front, and
Jersey Central also developed the most de-
cided strength. The best figures were gen.
orally reached toward 2 p. M, after which
realizations sagged the list off, but the close
was steady at fractional gains in almost the
entire list. Marquette Houghton u Ontona-
gon preferred declined ia per cent, but Ore
gon Navigation is up 8; Pittsburg & Western
preferred. 2A; Jersey Central, 2: Chicago
Gas, Us. and St. Paul preferred, Ia.
Railroad bonds began the day with rather
quiet business, but they fully sympathized
with the improvement in stocks and later
developed marked activity, and many ma
terisl gains were scored. The business of
the day foots up 81, BAL ,O0O and Denver &
Rio Grande receipts contributed 500, 900,
Texas Pacific second incomes $171, 900, and
Fort Worth & Denver firsts $127, 600. East
Tennessee 5s rose 2 to lOS1e; Ohio & Misss-
sippi seconds to 124: Peoria, Decatur &
Evansville frsts, 2la to no; san Francisco
6s, 2 to 121; Texas Central IS, Of 1859, to
so; and Chicago Gas firsts, 2s2s to 100. Gov
ernment bonds have been dull and steady.
State bonds have been dull but firm.