St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-09-20
FINANCIAL.
New York.

New YORK Sept. 19.-Money on call easy,
ranging from 2l2 to 5 per cent: last loan
g. closing offered at q Prime mercantile
Steady at 81. sOIg for sixty-day bills and
81. SALE for demand. The total sales of stocks
to-day were 253, 7S6 shares, including: At
Gibson, 7,475; Delaware. Lackawanna d
Western. 1880; Hooking Valley. 400;
oulsville u Nashville, 7,130; Missouri Pa
ofc, 1920; North American, 6,760;
Northern Pacific preferred, 5,7O5: Read
ing. 1920; st. Paul, 1875: Texas Pacific,
$50; Union Pacific, 3, 500; Western Union,
3,4S5; Wheeling d Lake Erie, 800.
The feeling on Wall street on the money
question is decidedly easier, and little APP
prehension is felt that for the next few
weeks at least there will be any trouble in
obtaining accommodation. The payment
for the per cents will be completed in time
to show in the bank statement of tomorrow,
and is expected to place the banks in a very
stroug posi- ton, but the fact that about
Sc. 100000 was drawn in cash is construed
by some people to Indicate that the boarding
OF the money is INTENDED, but this view
meets with but few believers. The bears,
however, have made such strenuou
efforts to make it appear that this
relief, complete as it has been. is only
temporary, and that the treasury absorptfonss
would soon draw all back, that they have
created considerable distrustfor the present,
and the inclination 10 invest in the market is
not at present any more marked than it has
was marked absence of bear pressure, al
though the usual efforts to get prices down
were not wanting in some directions. The
movements lacked vim. no Hever, and while
there was a decrease in the amount of bust
ness done, the fluctuations also showed
smaller range, and the important movements
were again confined to the low price of
shares. and especially in the forenoon, but
after that time the covering of shorts and
freer buying for the long account induced
by the growing ease in money extended
the upward movement to everything traded
in, and a few stocks scored marked gains
before the close of business. The industrial
stocks were most prominent in this rise, but
Erie preferred. Mobile d Ohio and Pullman
all showed marked strength and are con-
spicuous for the advance made over last
night figures. The close was fairly active
and strong at the highest prices of the day.
There were no losses and Sugar is up 3l2,
Chicago Gas ] "a, Missouri Pacific and Wheel
ing q Lake Erie preferred each A. C.. c., G.
& st. l.. lis and Union Pacific l per cent.
Railroad bonds for the first time in weeks
showed real activity and considerable fea-
ture there being several movements in diff
ferent parts of the list which resulted in ma
terial gains. The sales of all issues reached
ST, 373, 900 Texas Pacific incomes fur
nished $195, 900. Mobils d Ohio 4s S1S6,O00
named bonds rose from 7224 to 1872, while
the Texas Pacific incomes rose from 40 to
~, but closed at 417s. Mobile d Ohio Is rose
to 66M from 64l2 and material gains were
made in some of the inactive bonds, the
market closing strong at the best figures and
in close sympathy with the share list. State
bonds have Deen entirely neglected.