St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1893-03-10
FINANCIAL.
New York.

NEW YORK, March 9.-There was a
further diminution in the volume of
business on the stock exchange today.
The dizziness is attributable almost en-
tirely to the uncertainty in regard to
the probable action of Secretary Car
lisfe with reference TO the finances of
the government. While the money was
easier, and there is little likelihood of
gold exports by Saturdays steamers.
operators do not feel inclined to go
ahead until they obtain a clearer idea
of the gold and silver questions. Defn-
tie information from Washington is
awaited with no little anxiety. The
only important fluctuations of the day,
outside of New England, were in the
md IStrial group, which were heavy in
consequence of liquidation. There were
number of stop orders in these
stocks, the execution of which ac-
celebrated the downward movement.
American Tobacco declined ~ to %,
National Lead preferred to so, com
mon 81 to 50, American Sugar 3 to 1857,
and the others 4 to II per cent. New
England. after selling down about
point, to 24$l, rose to 269S. and closed at
20. Reading touched DIS, the lowest
price yet, but afterWard recovered per
cent. The remainder Of the list ruled
on lower range in the early trading.
but subsequently improved. ATOng
the low-priced stocks, Louisville, New
Albany IL Chicago fell to q, and later
rose to a. The declaration of the
usual dividends by the Chicago, Milwau-
kee q st. Paul railroad had no percepti-
bic effect upon the shares. There was
some selling of Lead during the day on
reports that the payments of the divi-
dend on the common stock would be
enioined. The market closed dull and
barely steady in tone.
The Post says: "RumOrs from Wash
ington continued to govern the stock
market this morning. Wall street is in
such a hurry for the administration to
act in the gold reserve matter that it is
disposed to chafe under the least delay
Il should be quite superiluUuS to OBJ
serve that in affairs of this sort prudent
governments do not act OH Wall street
rules The specie reserve is still above
the 100000 900 mark, hence the Occa-
sion fixed by the banking community
itself for radical measure has not yet
arrived. Nor is the 500, 000 600 mark
itself dead line, the crossing OF which
means instant disaster. A policy of
allowing this reserve to be continuously
depleted would be very different
thing, but it should be observed that
not one of the responsible Washington
dispatches intimates any such purpose
as this"
The Total Sales of Stocks
today were 241, 200 shares. including:
Chicago Cas-. 4,5O0lNew England Ii 800
Cotton OIL. 6,500l North. Pac pfd 5000
&C. c. & ST. l.. 2,5J0l Reading -. A.. ADO
D.. L. an. 4,500lSt Paul ~ l,a1O
! Erie........... 5.50OlSugaT -. $50. IS 500
Lead ... 80. 5.50Ol Western. $3.50
Cordage.... S,l5H
Governments and State Bonds.
Government bonds steady. State
bonds dull.
Us. IS reg.....lIlL2IN. Pacific IDS. .lI-l2
do IS coup. $50. fl2is " W. consolS. 1851
do 9I2s rex 99l2 do deb. IS - lG0
Pacific 6s of '95. los 81 L. &LM.G. e. IS
| La. stamped As. 94l2!St /. d 5. + GIN 10
| Missouri Us . 102 iSt. Paul consols II,
Tenn. new set.6s. .101l2i l. P ca P lists. III
do 5s... -. .101 t. +. L. G. TT. r.. 77
do IS. ....... 75SsiT. P. r. G. TT. r. 26ls
| Canada So. EDS 1924 Union Pae. lists .. l06I2
| Cen. Pacific lists. l06 West shore. 49,. 1919
/ D. d II. 6. lst lis r. d G. W lists. 20
do 4s s6Ai AtchisOn 4s... sea
Erie 2ds. 800. .10.lsl do Ia class a.. 81
NJ. X. Il T. Gen Is. Sila.(r. II. d ). A. rs. iO6
co as... 80. 45A do "a 5s. -. o.
Nut. Union SIP u. d r. c. IS. 49,. 10II2
/ y. J. G. Int. cert. no do cen 6s.. $50 Ids
n Pacific lists Tt6