Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-11-12
AND TRADE.
FINANCIAL.
Money and Stocks,

~~~AASS ~@ASA
New York, Nov. 1l.-dovernments quiet and firm
except SKIES Of 1881, which Il per cent. lower.
The treasury paid out up to O'Clock $3.50, 900 on
| account Of bonds of 1881 purchased yesterday and
Saturday. Railroad bonds strong and active, with
the largest rise Of 6i per cent. In Texas Pacific In
come land grants. The largest transactions were In
Erie seconds consolidated, which advanced to 81, q
rise Of IN per cent? and the next largest transao-
hons in Lehigh & Wilkesbarre consols assorted
which advanced II per cent. to OAK, Cleveland Co.
lubus Indianapolis trust certificates assorted rose
~ per cent, New Jersey Central incomes advanced
from 81 to 1885, assorted consols from 1921 to 1O34
do convertibles from 102 to 104. st. Paul Sioux
City frsts closed at 96M, st. Louis San Francisco
seconds, GLASS B. advanced from 60 to 61X Lafayette
Bloomington l. Muncie incomes from 64N to 66,
Canada Southern frsts from SO to 81 and Cincinnati
Springfield Arsts from OK to 80. Denver & Rio
Grande hrsts rose to s6. State securities dull.
Stocks-The market showed q large increase In the
| volume OF business and speculation was strong and
buoyant. The chief interest conferred in coal
shares, which advanced KIOSK per cent, the latter
IN Delaware Hudson. The upward movement was
partly due to reports of the short supply of coal and
to further advance In prices made by the leading
companies yesterday The coal stocks have inspired
great faith in their future and the opinion is quite
freely expressed that they will go up to par. The
trade is still steadily improving, and those us ualy
we'll informed state that it is the plan of the manag-
ers to continue to advance prices Of the product
til all the leading companies can resume dividends
The granger aud trunk Ike stocks are being gradu-
ally absorbed by investors who appear satisfied that
those companies will have an immense traffic for
months to come at remunerative prices. Lafayette
Bloomington Muncie rose per cent to IS and re-
acted to 49,. st. Paul Sioux City advanced b@5h
per cent, closing at the highest point the improve
ment being based on reports that the com any had.
purchased important branch road giving it direct
connect on to Omaha. The Erie speculation was one
OF the eading features Of the day, the shares ad-
Vancing 1908 per cent. on enormous transactions.
st. Louis Iron Mountain became active late in the
day and rose per cent. to 521a. Nashville, Chata-
nooga l. st. Louis advanced nearly per cent The
granger and trunk line shares made further ad-
vance OF h01H pr cont. Hannibal l. st. Joe was
buoyant in haal dealings, selling up 1@1A per cent
st. Louis Il San Francisco advanced 416 per cent
on good inquiry. Alton l. Terre Haute shares we're
noticeably strong and higher. The general market
closed with decidedly baoyant tone which was
stimulated by an ease in the monetary situation st.
Paul & Sioux City common closed at A1H and pre-
ferred at TAX. Pacific Mail was about the only one
that Jagged behind. Pullman palace car stock ad-
vanced to l0A bid, rise OF per cent. The demand
ALL I'LL 4ASoSSue0t SudIes Is increasing, Dut many
orders In the market cannot be filed owing to the
small supply Of stock Offering. There were enor-
NOUS transactions 10 all the Leading shars to-day
and excitement high. The earnings OF the
Canada Southern road for the month Of October in
creased $4,000. For the frat week in November the
earnings of tho Chicago Il Northwestern gained
S53,00o and those Of tn st. Louis h San Frsncsco
road S23, 100. In tho consolidation Of Toledo 4 Wa.
bash and st. Louis, Kansas City & Northern the
holders get for two shares each Of co mon and
preferred stock OF the company, and holders of
st. Louis, Kansas City & Eorthern common and pre-
ferred Will exchange share Tor share.
At the close transactions aggregated 1873 $40 shares
Of which ll5,o10 we're Er1e 5000 Lake Shore Michi-
gan Southern: 5000 1olsdo Wabash: $4,000 CHI
cago Northwestern; IT, Gu0 Milwaukee & 81. Paul;
2o,D00 Delaware, Lsckawanna i Western; 1900 Nov
Jersey Central; %, 600 Delaware Hudson; 40
Michigan Central; 1000 Cleveland, Columbus, Gin
cinnati & indianapolis; 1000 Cleveland, Columbus
Indisna Central; 1000 Hannibal & st. Joe: 5000
Ohio Mississppi Is 900 Western Union: IA 900 Pa
citio Mail ,O10 ST. Louis Kansas City Northorn
5000 Missouri Kansas + Texas; 10, 900 st. Lonis l.
Iron Mountain; 1000 Louisville l. Nashville: 80 o
Northern Pacific; 5000 Chicago St. Paul l. Mime.
apolis; 1880 Nashville, Chattanooga h st. Iouis:
1000 st. fau Sioux City; Is 900 St. ~Louts San
Francisco; IL, 600 lndianapols + Lafayette; 5000
Alton Terre Haute; 1000 New Central Coal; 800
Quicksilver; 1000 Elevated Railway, and co. 900 Lake
Erie Western.
Money easier, closing at a@4 per cent. Prime NOR
bankers bills frmer at 60; sight exchange on New
York Sax.
Produce exports for the week, $s,s19oo0.
Tho following Wera tina closing nUofafiouu.