St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1889-05-28
FINANCIAL.
New York.

NEW YORK, May 27.-Clearings. S64, 4O1,-
954; balances, $3,564,o51. Money on call
cent Closed offered at per cent. Prime m Ter
camille, 3la@5ls. Sterling exchange dull
but steady at $4.s7A for sixty-day bills and
$4.sss4 for demand. The total sales Of
ding: Atchison, 42,495; Canada Southern,
6,570; Delaware, Lackawanna q Western.
1900; Denver, Texas and Fort Worth,
1899; Erie. 5000; Lake Shore, 9,77O: LOUIS
vile y Nashville. %. 100: Missouri Pacific,
$4,000; Northwestern. 80 70; Northern Pa
l1,l67; Reading, 46,7oO; Richmond 4
West Point. 22,22O; St. Paul, 27,142;
Union Pacific, 1900; Western Union,
1926. The stock market began the
new week with renewal OF the
througho out last week, while the broadening
of the speculation was very marked, and the
volume of bust ness was still larger than on
any day Of last week, with the result of leav-
ing the entire list somewhat higher than on
Saturday. The buying still continues from
the commission houses, and the steady alb
sorp ton of stocks is sufficient to check any
and all manipulation for depression. There
was some reaction at different times today,
and the selling of London with the suspected
selling by Chicago at one time gave promise
of making material setback to the advance,
but the demand was SO strong that the i'm
preston made upon the list was for slight
fractions only. The Union Pacific report
was bear argument, but the reports
buoyant in tone, and the effect of the report
was but slight. A feature of the days opera
lions was the extraordinary strength shown
by several of the specialties and low-priced
shares, OF which Chesapeake d Ohio, Lake
Erie & Western preferred and the trust
stocks were most prominent for the adj
vances made. Almost all of the important
gains of the day are in this class Of stocks,
but the general list shows but few declines,
and they are entirely Insignificant The mar
ket opened this morning with first prices
from ls to 42 per cent above Saturdays clos
ing figures. and in the early dealings further
fractional advances were made over the
opening figures. The specalties early came
to the front, while in the active list Louis
vile & NASHVILLE and Missouri Pacific
were specially prominent for strength. A
slight setback was experienced toward IL
o'clock, and this was the case after every up
ward movement throughout the day, but the
impression made at any one time was incon-
siderable. The prominent stocks were one
after another taken in hands, which, with
the frequent reactions gave the list a some
what feverish and irregular appearance, but
the market finally closed active and strong
generally. at about the best price of the day.
The important gains for the day comprise
Chicago Gas, 81. Lake Erie & Western pre-
ferred, On; Chesapeake d Ohio frsts, pre-
ferred, 2ls. and Louisville & Nashville and
Wheeling Y Lake Erie preferred, per ceut
EACH Railroad bonds were fairly active to-
day. The sales Of all issues aggregated
$l,741 900, of which the Fort Worth & Den
yer firsts contributed Sill 900 and the Ohio
Southern incomes, S12S.0OO. The tone of
the market was generally strong, but there
were several weak spots. and the final
changes, like those in stocks, show some de-
clines, and the advances for the most part
are for fractional amounts. Rock Island 6s
rose 2Ia to 1861; Metropolitan seconds. 2la
to 111l2 and Manitoba seconds, 2H2 to 12l.
Keokuk & Des Moines firsts lost ut 1Ola.
Government bonds have been dull and weak
State bonds have been dull and steady.
Chicago Money.
CHICAGO. MAY 27-Money dull and I'm.