Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-11-16
MONEY AND TRADE.
FINANCIAL.
Money and Stocks.

Money and Stocks.
NEW YORK. Nov. 15.-Governments quiet and gen.
orally steady. Railroad bonds strong and higher
State securities neglected and unchanged. 1909.
Stocks-The week at the Stock Exchange has beer
the most eventful one the dealings being the largest
i'll the history Ct the Exchange prices the highest
since the panic of 1873, and excitement the widest
that has prevailed since war times. The magnitude
of the dealings may be inferred from the fact thai
stock Erie, alone contributed over 600 GOO shares
to the general result. These are reported dealings
The actual business donesin stocks was doubtless
very much larger but owing to extensive and ami
! mated trading in stock large amount OF business
| failed to be reported. There renewed activity
and buoyancy in the share list to-day with further
sharp rise in many shares. The advance rsnged
from h011 per cent. as quite general, and as
usual of late dealings were attended with much e1
element The large transactions were in trunk line
shares, which advanced from ATS to 40 for Erie COM
mon, 75A to 1875 for Erie preferred, 101B to 1O4h
for Lake Shore & Michigan Southern, and from 9SA
to 97s for Michigan Central. Grang rs were strong
and higher, with marked advance in some of the
new stocks. The greatest Improvement was in Chi
cago st. Paul & Minneapolis, which rose 81 per cent
to &c. reacted to 53l and recovered to 55. st. Paul
Sioux City shares came next, common rising "a
per cent to 45b and preferred 81 per cent. to 1914.
Chicago & Northwestern rose to 90 and Milwaukee Il
ST. Paul 70 81. The coal stocks fell off slightly at
the opening. but afterwards became strong, and adj
yanced, Delaware, Lackawanna & Western selling up
to 90, New Jersey Central to S92l and Delaware 4
Hudson to 68A. Southwestern shares were prom =
nent in dealings and advanced sharply Chesapeake
& Ohio rose AZ per cent. to 23A, first preferred 6h
per cent to st. and second preferred "a per cent to
29h, St. Louis 4 San Francisco per cent. to So,
preferred per cent. to 60, and first preferred 81
per cent. to 70, Ohio s. Mississippi 2S per cent. to
S3A, preferred AZ per cent. to 64h, Missouri, Kan
sas Texas per cent to 33, Marietta 4 Cincinnati
IL per cent. to 1917, seconds 81 per cent to is, In
dianpolis, Cincinnati Il Lafayette IL per cent. to 49,
and Louisville Nashville "a per cent. to SeA The
old Missouri Pacific advanced from to IS. Oregon
advanced to l2O and later dropped to lis. St. Louis
Kansas City Northern shares not dealt in, but
in their stead Wabash, st. Louis & Pacific St cks
were brought out. The common ranged between
46h and 47N, and preferred 7l1s and 7AA, The old
Toledo & Wabash stock fell off from 6015 to 59k.
st. Louis Iron Mountain rose to ssh, fell Off to a,
and advanced to 55A. Telegraph stocks were hDl
per cent. higher. Quicksilver stocks advanced from
202 to Is for common and from Gl1a to G7 for the
preferred. Tho production of anthracite coal last
week was 537 G34 tons, compared with tons
the previous week and 462 1893 tons tho correspond
ing week of 1878. The total production from Janu-
airy 1st to November sth 22,123,522 tons as
against 2S6, 20S tons for like period last year. It
was reported this afternoon that Jay Gould had
bought several railroads in the Southwest, among
them the Atchison & Pixies Peak. Report says he
paid So 90 to 81 so for So0o00o stock OF the latter
At the cose the transactions aggregated 5100UU
shares, of which 600 Er1e 1900 Lake Shore
Ii Michigan Southern; 1900 Toledo h Wabash:
10000 Chicago 4 Northwestern 81, 0U0 Milwaukee 4.
st. Paul; $500 Delaware, Lackawanna 4 Western;
$500 New Jersey Central; $500 Delaware 4 HudsoI;
$50 Michigan Central; 1900 Union Pacific; $500
Cleveland, Columbus, Cincinnati 4 indianapolis;
$500 Hannibal 4 St. Joe; s. 400 Ohio Mississippi;
1000 Western Union: 33UU Atlantic 4 Pacific: 5000
Pacific Mail; 1900 Wabash, st. Louis & Pacific; H.,
900 Missouri Kansas G1Texas; 1900 St. Louis (: Iron
Mountain; 4. 90 Louisville 4 Nashville; 49, North
ern Pacific; 5000 Chicago st. Paul 4 Minneapolis;
5000 Reading; $500 Nashville, Chattanooga Il St.
Louis; $500 Indianapolis, Cincinnati 4 Lafayette;
] 500 Kansas Pacific; 5000 St. aui & Sioux City;
5000 Chesapeake l. Ohio; 6,710 Missouri Pacific;
Is 900 ST. Louis i San Francisco; 2,700 Oregon
Railway + Navigation; $500 Marietta 4 Cincinnati;
100 Houston & Texas: 100 Alton & Terre Haute;
1,4O2 Canada Southern; LOO Mobile 4 Ohio, and
l, 100 Lake Erie & Western.
Money easy at 597, closing at percent. Prime
paper GQ7 per oent. Sterling exchange,
bankers bills firm at 80; sight exchange New
York SO.
The following were the closing quotations: