St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-12-15
FINANCIAL.
New K0riS.

NEW YORK, Dec. l4-Clearings, Sl33237,-
049; balances, Si,544. 1OS for the week:
clearlngs, $751 ;460,640: balances, S3I.
2s6. Money on call easy, no loans; closed
paper. 60Il3 per cent. Sterling exchange
quiet and steady nj $4.Sol2 for sixty-day bills
and 81. 81 IL Tor demand. The stock market
betrayed the same general characteristics to-
day as usual of late but there was stronger
tone to the general list and marked advances
were scored in a few instances. Less than
half dozen stocks monopolized the interest
taken in the speculation while the others
not q factor in the dealings, and the
market resolved itself into merely local
affair, but the easier condition of money and
the prospect of plenty to be had at ruling
rates, inclined the shorts to cover i'll the gem
eral list while the purchasing continued in
sugar. and a rumor in the board that the o.
colt plan of reorganization in Kansas Gs
Texas had teen accepted and there would be
a settlement between the different commit
tees, brought in heavy buying OF that stock,
which made it one of the leaders in the gem
eral list. Lackawanna was strong and active,
aud the strength in that stock was explained
by the assertion that there was too much
company on the bear side and some Of the
over Missouri Pacific, Notwithstanding
the publication of yesterday OF
the so-called report of June 80, was strong
all the way out. The opening was steady,
most OF the aCtlVe STOCKS De1uS unCDdDStQ
from last nights figures, but the bears were
inclined to cover all around and strong
tone was developed throughout the list with
Kansas Il 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 large increase in
surplus revenue, and the upward movement
~ hnd tod hat Ir1n
and the market finally closed fairly active
and stroug at the best prices of
the day. Almost everything on the
list is higher tonight and while
the gains are generalIr confined 70 small
fractions, Sugar rose $685. Kansas & Texas
49, and Manitoba, lle. The sales of listed
stocks reached 90.sSl. and sugar refineries
contributed 20. 800 shares out of the total of
%, 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 IS O0, 900, of which Sl75, O0Owere Kan
sas IL Texas SKIES which was the strong
feature of the dealings. Laclede Gas lost
s., 375, 900 against S7,987,0J0 for last
week. The export of specie from the
port of New York last week amounted
to S2s7,O35 of which $40, 235 was i'll. gold
ST 200 in gold and S225, $50 in silver went
to Europe, and S4S.o35 in gold and So, go
in silver to South America. The imports of
specie amounted TO $29,O2s, of which Sill
S6bwas in gold and ST., l67 silver. Gov
eminent bonds have been dull and steady
State bonds have been duh but firm. The
total sales of stocks today were 115, S3l
shares, including: Atchison, 1872; Della
ware, Lackawanna d Western, 1881; Kan
.sas e Texas, 1890; Missouri Pacific, S,I6S;
Reading, 2.4c0; Richmond & West Point.
], 800; st. Paul, 200; Union Pacific, 1928;
Western Union, 2,2lO.