St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1890-04-01
FINANCIAL.
New York.

NEW YORK, March 81. = Clearings,
S67. 62S, 974; balances, s3,SS0,4s2 Money
on call easy, ranging from g. to 5 per
cent; last loan at 3; closed offered at 8.
Prime mercantile'Daper, 5(07. Sterling
exchange quiet and steady at S4.83$TfOr
siXty-day bills, and S4.S6115 for demand,
The stock market to-day was the dullest
in wears, and, although the prevalence
of the general opinion that there will be
no April money scare this year had the
effect of making the market firm, there
was no feature in the dealings outside
of special movements in two or three
stocks. The late talk about reduction
in coal prices affected the coal stocks to
some extent, and Lackawanna and
Jersey Central responded. A ma
terial recovery in Jersey Cen
trail occurred after the declara-
ton of the regular dividend Of ~ per
cent, but the movement lacked vim. and
the stock became stagnant with the re-
mainder of the list later. The death of
David Bows was the occasion of the
stories that his Rock Island stock would
come upon the market, but the influence
of these stories was extremely small.
ness in the early trading, when the only
and sold down to 47s4 against 491s, but
later recovered to 49L The low priced
shares were utterly barren of feature.
The decision of the arbitratorS in the
Morris IL Essex case was used against
Lackawanna, and the traders sold it for
turn in the early morning, but
these operations soon ended, and the
usual Stagnatlon occurred. The general
list under the execution of the orders
accumulated over Sunday displayed
considerable firmness, and slight ad-
vances were scored which were not
wiped out; and the close, while in
tensely dull, was steady at slight gains
over Saturdays figures. The only
movement of importance in the final
figures is loss of per cent in Jersey
Central. Railroad bonds were more
active than stocks, the dealings in all
issues footing up s96s,000. Erie seconds
again came into prominence, and $780,
900 of them changed hands without
changing their final quotation at all.
The same apathy was shown in bonds,
however. and the fluctuations were in
almost all cases entirely Insignificant.
Peoria, Decatur Il Evansville sec
onds rose 2 to u. while the
only decline of note was 21a per
CCub III Odudy SlACS W oo/2.
Government bonds have been dull and
steady. State bonds have been dull and
featureless. The exports of specie from
the port of New York during the past
week amounted to S90S,935, of which
S24, ITO was in gold and SSS4,223 in sill
yer. The imports of specie for the
week amounted to S16903S, of which
S166,3SS was in gold and $3.50 In silver.
The Post saws: Concurrent with the
selling of Jersey Central, which was
rather heavy for that stock. there were
reports from Philadelphia in regard to
some move sooiI to be made by the anti
Corbin party, which, it was intimated,
might result In separation of the
Reading from the Jersey Central,
thereby impairing the value Of the
terminal property of the latter in Jer-
sey City by depriving it of the Reading
business. Such stories are, however,
easy to concoct, and this one may have
been made up for the purpose of de-
pressing Jersey Central and punish
ing the COrbin party, who are heavy
holders of the stock. Checks to the
amount Of S.. 376 for April interest
on the per cents were mailed at WASH
ington to-day. and as large amount of
railroad and other corporate interests
will come out tomorrow, it is expected
that money will be more abundant. The
total sales of stocks to-day were 66,951
shares, including: Atchison, 1855:
Delaware, Lackawanna & Western,
$500; Louisville & Nashville, 4,140.