Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-12-29
Eastern and European Markets.

New YORK, Dec 2S.-Money6 per cent
Pcr annum; Lie per cent. per diem; closing
ut per cent. per annum Prime mercantile
paper 5d6 per cent. Sterling exchange, bank
cre' bills strong at $780,. Sight exchange
ON New York, SIS.
Produce exports for the week, Sc ,03S, 200.
Governments steady for AS and As and i
per cent. lower for is and is of 81 The
treasury to-day bought $1,000 of Is of 81
In railroad bonds, Nashville, Chattanooga Il
ST. Louis frsts advanced To 120 from 11S:
Peoria, Decatur " Evansville firsts, to 107
from los; Chicago, Milwaukee d ST. Paul,
Iowa " Minnesota division, tirsts, to 1251I
from ia: New York Elevated firsts, to 1885,
from us; Denver IL Rio Grande consols, to
ll6is from ISL; Lehigh IL Wilkesbarre in
comes, to Sc from -: st. Paul & Omaha con-
soils, to l06 from los; New Jersey Central con-
-ols assented, to 115 from l1414, and Central
Pacific, TO ll725 from III. International Il
Great Northern second income declined to 81
from -; Mobile IL Ohio new mortgage, to tO6
from l01; Missouri, Kansas 81 Texas consols
assentcd, to IL from 1888, and Kansas Pacific
hrst consols, to 104$f from 1861 State sccu-
rites fairly active.
StUcks-The stock market opened 1l@1l}
per cent lower. but at the first call a recovery
nah place aud prices advanced 15to 21S per
cent. The special features in the rise were
NcT Jersey Central, Delaware, Iackawanna IL
Western, Michigan Central and Union Pacific
During the afternoon a weaker tone prevailed,
the market being affected by the stringency in
money and continued weakness of telegraph
shares, under realizing prices dropped 4 to 2$l
p'r cent, the latter in Chicago, Burlington &
Quincy. At the close the market was frmer
again. The treasury to-day began the pay
mcnt of interest on the public debt due JAN
LIST. The total amount up to 3 O'Clock was
S65S, sos, of which S403,69S was on account of
ia of 81, Sl50,000 on currency 6s issued To the
Pacific railroad and only $4,000 on new As
The large checks for registered interest on 4
per cents did not reach the treasury through
the banks but will be presented for payment
tomorrow. 1t is stated at il meeting of the
trunk lines an official has been called TO ad-
yauc" grain rates Jan. 1st. The earnings of
the Chicago II Northwestern increased S6S,OO0
the third week in December
From the Evening Posts financial article:
At the beginning of the new year some foreign
bankers including leading drawers of sterling.
proposed to quote sterling on basis of the
Government par for sterling at S4.S7,
Fly this system the nominal sales for bankers
bills today in London will be s495I for 60
day. sight, now given as S4S1, and 81 90 5-16
for demand bills, now quoted at Ssh The
supply of commercial bills is small and there
Is complaint of a lack at this point of shipping
f,,r in, md irbt Tb.
KIT for exchange is dull and at AN advance is
only steady on account of the stringency of
the money market The market is stringent
and stock brokers, in many cases, are paying
commission to get money at 6 per cent
The treasury began paying the January inter
c>t this morning, but this will not reach the
loan market before tomorrow. Prime mer-
camille paper is sac per cent. The stock ex-
change market continues active. We arc I'M
able 10 find quOtablc authority for the con
tcnpatcd union of the Union Pacific and
Central Pacific companies, although having
reason to believe the reports not wholly
Croundless, owing To the report that the two
companies will be represented by $125, 900 900
of stock. onc-half, S62, 800, 900, to replace the
$5l,N0,OOO of Union Pacific outstanding, and
the other half; So, 900 10 represent S55,-
C00,uO0 of Central Pacific stock.
The transactions aggregated 100000 shares,
of which 1900 were Chicago, Burlington Il
Quincy; 5000 Canada Southern: 5000 Cleve-
llnd, Columbus, Cincinnati II INDIANAPOLIS: ,
500 Chicago, Columbus u Indiana Central; 3, 800
Chesapeake " Ohio; 5000 Delaware Lacka-
wanna n Western: 5,400 Delaware & Hudson:
., 400 Denver Il Rio Grandc; 10000 Eric. o 400
Hannibal d ST. Joe: 5000 st. Louis d Iron
Mountain; ll,000 Missouri, Kansas & Texas;
5000 Lake Shore; 1000 Lake Erie IL West
crn; $1,000 Michigan Central; 1850 Chicago
Il Northwestern; 800 Nashville, Chat
tanooga n st. Louis; $4,000 New Jersey Cen
trail: 1000 New York Central; Il 900 Northern
Pacific; $500 Ohio IL Mississippi: 400 On
tario N Western; $4,000 Pacific Mail; 5000
Philadelphia Il Reading; $1,000 Chicago, Mil
waukce " st. Paul; 10000 St Paul IL Omaha.
2s,000 Union Pacific: ~, 600 Wabash, st. Louis
" Pacific; $4,000 Western Union; 1000 Cen
trail Pacific; $4,000 Morris II Essex and 5000
st. Paul " Duluth
MORNING QUOTATIONS.
Rock Island. ...140 B. C r. & N. Is