St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-04-26
FINANCIAL.
New York.

New YORK; April 25 -, sl1o,-
call easy. ranging from 3 to SIP per cent; last
loan 6, closing offered at 3. Prime mer-
and firm at S. s5ls Tor sixty-day bills, and
S4,S7A for demand The stock market
again showed moderate volume OF business
with a steadily advancing level OF prices
to-day, and while there was considerable IT.
regularity in the movement, almost every
thing on the active list is higher tonight
The important movements were limited to
few of the leading stocks. and for change
the inactive list developed no important up,
ward movement. The bears were inclined
morning but the temper OF the room is
a a0@ iai IF the nsn buying g e orders for
outside operators held the market steady
after a slight concession in prices during the
first few minutes trading. The buying then
began i'll earnest. and from that time until
the close the steady hardening of Values
which has become the most pronounced
characteristic of the market, continued
without a break. The coal stocks. the grang-
ers and New England were the strong
features to-day and all of them scored ma
terial gains, while the rest of the list dragged
along without feature or movement beyond
the slow appreciation before mentioned.
Atchison and Texas Pacific. with few
other low-priced. shares showed signs OF
joining in the upward movement to-day, but
their final changes were, as rule. unlm
pOrtant. There was no new development to
affect values to-day, but the, same ln1iu-
ences remained in force, and the most en-
couraging sign of an arousing feeling that
general Improvement is begun in the number
of outside orders to buy now being received
by brokers. Even in Rock Island and Mis-
souri, Pacific, although there is not the slight
est indication Of cessation in the fight, or
ders TO buy exceed the selling, and those
stocks keep pace with the remainder of the
list i'll the advance To-day the st. Paul
stocks were most promlnent and the pre-
ferred rose from 114la to 1872 and closed at
lis. The common was again the leader In
point of activity, and ii also scored mate
rial Improvement. Delaware & Hudson
came next st, Paul preferred, however,
marked another of its sharp upward
spurts Lackawanna, Northwestern, Omaha
and New England comprised the leading
strong Stocks but there was not really
weak point in the market. The trusts were
not so active, and failed to make any mate
rial change in their quotations. The close
was active and strong, at about the best prices
of the day The marked gains were 81. Paul
preferred 3l2, the common 1ls, Northwest
ern 1Ss LackaWanna l "a, Delaware d Hud-
son l "a, Omaha and New England 116 each.
Railroad bonds were not quite so active TO-
day. but still showed large volume OF bust
ness, aggregating $23l7,OO0. Texas Pacific
Ids contributed S279.G0O, Atchison incomes
5s S204. ZOO, and the Western New York
IDS SlO5, QUO. Inc dealings extended, II
anything, to larger number of issues,
and the strong tone was most pronounced,
and the market shows this evening large
proportion of marked advances. KeOkuk q
Des Moines firsts rose to 1U4l2: st. Paul La
Crossej7s, to Is; Atchison, Colorado 4 Pa
clfic firsts, 2 to 50. Government bonds have
been dull and steady State bonds have been
dull and steady. The Post says: ST. Paul
common was the most active stock, having
furnished %, 500 shares, and advanced 7S to
7Iss; the grangers Southwesterns and Union
Pacific having furnished $4,000 shares, and
at IL o'clock all were from 1B to "a higher.
The coal stocks were less active, but strong
and higher. Lackawanna advanced i per
cent to ia. The Southern stocks were dull
but firm. and at IL o'clock were 1s@5s higher
than yesterday. New England was more
active than usual. and OH transactions of
1900 shares advanced per cent to 4Sl2.
The trust stocks were less active and without
material change during the forenoon. The
feeling confines bullish, and higher prices
are generally expected. Railroad earnings
colltinne tos show large gains, money is easy,
and the bears have daily been covering their
short contracts. The total sales of stocks
to-day were 1921 shares. including:
Atchison. e,O95; Delaware Lackawanna &
Western. 80, 9l5; Delaware u Hudson, 1920;
Erie, 4, 42O; Lake Shore, 4,42S; Louisville
4 Nashville. 5.51S; Missouri Pacific, ~
99l: Northwestern, 7,I05: Northern Pacific
pfd, 1890; Reading 1910; Richmond &
West Point, 1863; st. Paul, 33, 220; st. Paul
& Omaha, 1913: Texas Pacific, 1850;
Union Pacific, 8, 795.