St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-02-25
j. j. WATSON, BRO. & HYNDMAN,
Sc East Fourth Street,
ZEAL ESTATE AND MORTGAGES INVEST,
MENTS.
FIRE INSURANCE AGENCY. i
FINANCIAL.
New York.

New YORK. Feb. 23.--Clearings. 1929, :
1877. 145; balances. &,1S7, 800. For the
week-Clearings, S565. 708. 30S; balances,
So, S9,959. Money on call ruled easy
with no loans; closed offered at q.
Prime mercantile paper, 4@6. Sterling
exchange dull, but steady at $4.S6I for
TO days and S4.8S% for demand. The
stock market to-day was strong at both
ends. but weak in the middle. with the
result of making except in few Stocks
but slight final changes, which, how.
ever. were generally in the direction of
higher figures. The strong tone notice.
tinued at the opening this morning. and
the first sales showed advances over
Thursdays final prices of from 4 to
per cent, with Northern Pacific pre-
ferred, Union Pacific and Atchison
showing the largest advances. There was
good buying for London account of a few
of its specialties, but the professionals
were selling and after the first demand
was satisfied the bears came in to
hammer the list, making st. Paul and
Cotton Oil their special points of attack.
The latter was forced of ~ per cent,
but the losses in the rest of the list
were confined to fractional amounts
only, St. Paul preferred being the
weakest stock in the regular list. Bur-
lington and Oregon Navigation were
the strong spot in the early trading,
but the Manhattan developed the most
marked strength after II o'clock. and
rose over a point, followed by Big
Four. The lowest prices were reached
in the last hour, but the pressure was
removed from the list, and buying to
cover set in which brought almost
everything up to and beyond last Thurs
days figures, the market closed quiet
list is almost Invariably higher
vances are confined to fractional
amounts, except in Manhattan, which
rose II. and Big Four ~, and Union
Pacific per cent. st. Paul preferred,
however, lost rs. The dullness in the
special list was also shown in the rail-
road bond market to-day, the sales of all
issues reaching only 1906, 600; out of
which Erie seconds contributed s136. 600
and the Cairo & Fulton frsts 100000,
while the number of issues traded in
underwent marked decrease. There
was a firm tone, but the changes in
quotations were for the smallest frac-
tons. and important advances are few
in number and no declines of note what
ever were made. Beyond the animation
in the few issues mentioned, there was
no feature to the trading. The sales of
bonds for the week aggregated 1903 200
against $l0,629.00O for last week. which,
however, continued six business days.
Government bonds have been dull and
steady. State bonds have been neg
lected. The total sales of stocks to-day
were 10O,343 shares, including Atchi-
son, 6,725; Delaware, Lackawanna Il
Western, 1900; Erie. 6.44O; Lake Shore,
3.125; Louisville & Nashville, 1850;
Missouri Pacific, $3.50; Northwestern,
$3.50; Northern Pacific preferred, 1850;
Oregon Transcontinental, $3.50; Read-i
ing, 5000; st. Paul, 12,7O0; Union Pa
cific. 1910: Western Union, 1875. The
exports of specie from the port of New
York last week amounted to $1,35 ,40S,7
of which SS12,S93 was in gold and s544.
SIS in silver. OF the total exports, SILL
1913 in gold and s534,215 silver went to
Europe. and 1901, 200 gold and sos, 900
silver to South America. The imports
of specie for the week amounted to 49,
55l. of which s45. 436 was in silver and
"a, 115 in gold.