Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1879-11-17
MONEY AND TRADE.
FINANCIAL.
Money and Stocks.


NEW YORK, Nov. l5.-Governments quiet and gen.
| orally steady. Railroad bonds strong and higher.
State securities neglected and unchanged.
Stocks-The week at the Stock Exchange has been
the most eventfu one the dealings being the largest
in 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 that
stock, Erie, alone contributed over 600 shares
to the general result> These reported dealings
| The actual business done{in 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 was renewed activity
and buoyancy in the share list to-day, with further
sharp rise in many shares. The advance ranged
| from H011 per cent. was quite general, and as
usual of late dealings were attended with much
element. The large transactions were in trunk line
shares, which advanced from AK to 40 for Erie
mon, 75,z to 1875 for Erie preferred, 1918 to 1o4
for Lake Shore Michigan Southern, and from 962i
to 97]s for Michigan Central. Grapg 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 Sc, reacted to 53 and recovered to b5 st. Paul
4 Sioux City shares came next, common rising "a
per cent. to 451s and preferred 81 pr cent. to 79A
Chicago Northwestern rose to SO and Milwaukee T.
st. Paul to 8lH The coal stocks fell off slightly at
the opening, but afterwards became strong, and adj
vanced, Delaware, Lackawanna h Western selling up
to 80, New Jersey Central to s9a and Delaware l.
Hudson to s8A. Southwestern shares were prom :
nent in dealings and advanced sharply. Chesapeake
Ohio ~ per cent. to 23k, first preferred 81
per cent to 81, and second preferred per cent. to
29M, st. Louis San Francisco per cent. to s.,
pre- erred 2 per cent to 60, aud fret preferred 81
per cent. o7s Ohio l. Mississippi az PER cent. to
1871, preferred AZ per cent to 64H, Missouri, Kan
sas Texas per cent. to 50, Marietta & Cincinnati
IL per cent to 1917, seconds 81 per cent to 15, In
dianpolis, Cincinnati Lafayette ~ per cent. to 49,
and Louisville l. Nashville * per cent to 1914. The
old Missouri Pacific advanced from to 10. Oregon
advanced to 20 and later dropped to l16. st. Louis
Kansas City Northern shares not dealt in, but
in their stead Wabash, st. Louis 4 Pacific sticks
were brought out. The common ranged between
46h and 47H, and preferred us and TN. The old
Toledo 4 Wabash stock fell off from cox to 69H.
st. Louis Iron Mountain rose to ssh fell off to g.
and advanced to 55A. Telegraph stocks were h@1
per cent. higher. Quicksilver stocks advanced from
20sl to Is for common and from 6lA to 81 for the
preferred. The production of anthracite coal last
week 537 1874 TOMS compared with At tons
the previous week and 49,, 1913 tons the correspond
ing week of 1873. The total production from Janu-
airy LIST to November 9Th was "a, 1882 tons as
against IA ,2os 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 4 Pixies Peak. Report says he
paid s. to 81 60 for 900 stock Of the latter
At the oose the transactions aggregated $4,000
shares, of which 49, GOO were Ere 1900 Lake Shore
l. Michigan Southern; 5000 Toledo Wabash /:
1000 Chicago Northwestern; 81, 900 Milwaukee
st. Paul; $500 Delaware, Lackswanna b Western !;
$500 New Jersey Central; $500 Delaware Hudson !;
81 . Michigan Central; 400 Union Pacific; 1900
Cleveland, Columbus, Cincinnati l. Indianapolis;
$500 Hannibal st. Joe; $500 Ohio 4 Mississippi
1000 Western Union: $500 Atlantic Pacific; Is 600
Pacific Mail; 1900 Wabash, St. Louis l. Pacific; H.
600 Missouri, Kansas &Texas; 1000 st. Louis Iron
Mountain; T. 90 Louisville Nashville; ~ North
ern Pacific; 5000 Chicago. st. Paul l. Minneapolis
5000 Reading; $500 Nashville, Chattanooga St.
Louis; 5000 Indianapolis, Cincinnati Lafayette;
1900 Kansas Pacific; 5000 St: raul 4 Sioux City
5000 Chesapeake h Ohio; $500 Missouri Pacific
$1,000 st. Louis l. San Francisco; 2,7OO Oregon
Railway & Navigation; $500 Marietta l. Cincinnati !;
100 Houston Texas: LOO Alton Terre Haute !;
1,400 Canada Southern; 100 Mobile & Ohio, and
/, 100 Lake Erie h Western.
Money easy It 81, closing at per cent. Prime
bankers' bills firm at 80; sight exchange on New
York 90.
Tho following were tha CLOSING nuoeations.