Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-07-23
Eastern and European Markets.

New YORK, July 22-Money easy at 2@2115 per
cent. Prime mercantile paper S@415 per
cent. Sterling exchange, bankers bills at
s4.S215. Sight exchange on New York
s4.8414.
Governments quiet. Railroad bonds active
but irregular; Texas Pacific incomes rose from
IS to 69. State securities steady.
Stocks-Tae stock market advanced from
Il to / & per cent. in early dealings, but sub
sequently lost the improvement. In the after
noon speculation assumed strong tone and
prices rapidly advanced till the close of bust
ness, the final sales being at the highest f sure
of the day, the advance from the lowest point
ranging from Is to ~ per cent. in the gem
ersl list. The coal and granger shares, Erie
Wabash, st. Louis & Pacific. the telegraph
stocks, and Denver & Rio Grande show an
improvement. In the elevated railroad shares
Manhattan fell off AZ and the metropolitan 3
per cent. early in the day, but at the close the
latter advanced 4, and thu former recovered
AZ per cent. The Railroad Manual for
1880 shows the number of miles of road in
operation. At the close of 1879 there was &c.
497, an increase for the year of a. 21. Thirteen
of the principal lines in the country moved
COZ tons of freight in 1878, and $685.
$40 in 1870 and earned from freights sll2.004,-
64S in 1873 and 1l6.3ll.452 in 1879. 1t will
be seen by the above that
while there has been an increase
in freight moved of 1927 per cent, and in
miles of road operated of 1888 per cent, the
increase of earnings from that source has been
only 81 81 per cent. The freight is now moved
five years ago have been regarded as impossible.
The per centage of decrease has been d.. 81 per
cent, nearly equal to increase in tons OF
freight moved. The gross earnings OF all the
roads whose operations have been reported
have equaled 1923, 012, 229 against $500, 1913 35l
for 1878; S472 900 272 for 1877; $497 257 $50 for
1876, and $500, 065, sos for 1875. The dividends
paid during the year aggregated S6l,68l, 40, be
ing the largest amount divided amongst stock
holders for any one year since 1916. The gross
earnings of railroads of Western States were
1892 S79, 6i6 against 52O9, $50, 275 for 1878 and
9l93. 2G4, SIC for 1877. The earnings were
S9S,96l, 9O6 against S77,95s, 229 for 1873 and
S66, 085,243 for 1877. The dividends paid
amounted to s23, 56i 1852 against 1881. 222
for 1878 and $14, 556, 462 for 1877. The earnings
from freight mails, etc., $77. $3.50. 675, and
from passengers S54, 448,77l. The ST. Louis
Iron Mountain earnings for the second week
in July increase 1884, 400, and from January
lst toJuly LIST increase S74S TIC. The Texas
Pacific earnings for the second week in July
increase $55,S41.
The transactions aggregated 10000 shares, of
which 8, A were Atlantic Pacific Telegraph; ZOO
Chicago Columbus 4 Indiana Central: 5000 Hela-
ware Lackswsnna & Western; 5000 Delaware & fIud.
son; a. GOO Erie; 5000 Hannibal & st. Joe; 5000
Missouri, Kansas l. Texas; Ii 600 Lake Shore: 20a9
Michigan Central; 5000 Manhattan Elevated 600
Chicago h Northwestern; 1900 Nashville, Chat
tanoogs st. Louis; 140o0 Nsw Jersey Central
1000 Northern Pacific; go, 900 Ohio g. Mississippi
$50 Ontario & Western; 1900 Pacific Mail; 8 400
Philadelphia q Reading; 22,0O0 Chicago, Milwaukee
& st. Paul; 8,400 Union Pacific; 1900 Wabash, st
Louis Pacific; 81, 600 Western U-ra and $500 Den
yer & Rio Grande