St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-01-31
FINANCIAL.
New York.

New YORK, Jan. 3o.-Clearings, SI26. 06O-
339; balances, S7,07l, los. Money on call
easy, ranging from 2l2 to 3l2 per cent: last
loan, 3 per cent; closed offered at per
cent. Sterling exchange quiet but firm at
81 312 for siXty-day bills and Sl.S7I2 for
demand. The stock market was less active
to-day, but remained feverish and irregular
throughout the day, though prices. as a rule,
advanced somewhat IN the forenoon and de-
clined later in the day. The bank scandal
was the principal topic of conversation upon
the street to-day, and the bears made all The
use of it possible. and while some sales Of
long stock were induced by the stories. the
greater part of the selling was for the
short account. The opinion soon gained
ground that the affair was entirely local and
little long stock came out. The bulls made
vigorous resistance to the attack and were
loud in their declarations that the check to
the upward movement is but temporary and
its resumption cannot long be delayed. The
arbitrage houses were sellers of Louisville Il
Nashville, especially in the forenoon, but
this is fully accounted for by the difference
in money rates, and notwithstanding the
realizing the stock was fairly well main
tanned throughout the day. One of the most
prominent features of the day was the buy
ing of New England, which was
principally upon orders from Boston
and the inside interests which have
been bulling the stock for some time.
Pacific Mail was also strong point in the
list, and the purchases seemed to come from
parties connected with its former manage
ment. The crowd IN Richmond & West
Point was less active than yesterday, and
failed to gel its price above that of last even
ina, but they allege determination 10 boom
their stock. The grangers were more promi-
nent and acted sitter than for the past few
days, but Burlington and Rock Island sagged
away, both being lower this evening. Sugar
was again the feature of the unlisted
department.. and it was supported at
the decline by the parties who have been
active in it for the past few days, and it
rallied to above 81, retaining almost all of
the improvement at the close. The after
noen's trading was duh, and prices again
sagged away, though little progress was
rather heavy, the changes from last evenings
figures are in all but a few cases for fractions
only. There was not single important
decline. while sugar rose q Delaware Il Hud-
son ia and Pacific Mail per cent. Railroad
bonds were still less active TO-DAY, and the
tone of the market irregular, though at the
close advances are rather the more num-
erous. Texas Pacific seconds furnished
SIG, 900, out of the total for the day of
d Des Moines lists, 2I2 to 1O3; Long Dock
6s, 2l2 to 1927; Cleveland, gainesville &
Ashtabula lists, pig to 100, and Green Bay
incomes, 2 to 20. Manitoba lists lost at
113. Government bonds have been dull
and steady. State bonds have been dull and
steady. The total sales of stocks to-day were
Isl III shares including: Atehison, $3.50;
d. l.. d W., 9,467: Louisville d Nashville,
25,918; Missouri Pacific, IL 800; New Jer-
ferred, 4.039; Oregon Transcontinental,
4,435: Pacific Mail, 1885; Reading, Is, 100;
Richmond & West Point. Is, 446; st. Paul,
12,710; Mon Pacific, $3.50.