Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-09-07
Eastern and European Markets

New YORK, Sept. 6.-Money easy at l@S
per cent. Prime mercantile paper 41a@5I
per cent. Sterling exchange, bankers bills
steady at 81. sOs4. Sight exchange on New
York S4.s3114.
Governments quiet aud firm. Railroad
bonds active and in most eases buoyant, with
widely distributed business. Denver g. Rio
Grande frsts rose to 1.OSL and
Denver & Rio Grande construction
rose to 97as on large transactions. The Ches-
peake Il Ohio issues, which have been steadily
improving of late, made further advance of
"a tc II per cent. Chicago & Northwestern
consols rose from 1851 to 1877. New jersey
Central incomes from "a to Sc and Indiana,
Bloomington & Western incomes from 46 to At.
There were sales of nearly all Chicago, Milwau-
kee & st. Paul issues al firm and fractionally
higher prices. State securities dull.
Stocks-The stock market was strong and
active throughout the day and dealings at
times were attended by considerable buoyancy.
The highest prices were made in final dealings,
when the improvement ranged from to 6
per cent, Louisville & Nashville, Oregon navi-
CATION, Chicago, Rock Island Pacific. Illinois
Omaha, Denver & Rio Grande, Lake Shore,
Michigan Central and New York Central being
very promiennt in the upward movement.
Lake Shore and Chioago& Northwestern ad-
vanced on largely increased earnings and
there is talk Of larger dividends. Denver u
Rio Grande stock is becoming scarce. One of
the special attractions of the day was st. Paul
& Omaha which advanced on active demand to
45sland659M for common and preferred respect
lively. These properties are doing remarkably
well. The Ontario Mining company declares
it's ffty-ninth dividend of 30 cents per share.
The earnings of the Texas Pacific road increased
$11, 900 the fourth week in August. The
Chicago, Burlington & Quincy earnings for
August show gain of $514 900. The Flint d
Pere Marquette road shows increased earnings
of 1901 900 from Jan. l to Sept. /. The earn
ings of the Hannibal & st. Joe increased 3d..
1872 the fourth week in August; increase for
the month, 1888 and from January LIST,
$4S9,3 There was considerable covering of
short contracts in the general share list to-day.
although the advance was chiefly due to the
continued ease in money, the further ship
ments of gold from Europe and the fact that
railroad earnings do not fall off as was gener-
ally expected.
The transactions aggregated 27200o shares, Of
which $500 were Chicago, Columbus Il Indiana
Central; $4,000 Delaware, Lackawanna Western |;
4,700 Delaware Hudson; az 90 Denver Rio
drande; $4,000 Erie; 6,OO0 st. Louis Iron Noun
tain; 5000 Hannibal st. Joe; 400 Missouri, Kan
sasi & Texas; 200O Lake Shore; $500 Lake Erie b
Western; 10000 Michigan Central; 10000 Chicago
h Northwestern; $500 Nashville, Chattanooga Bt.
Louis; 8,4OO New Jersey Central; 1900 New York
Central; 1890 Ohio & Mississippi; 1,700. Pacific
Mail; $500 Philadelphia Reading; 1000 Chicago,
Milwaukee & st. Paul; 1900 81. Paul & Omaha
1000 Union Pacific; l0,OOu Wabash. st. Louis & Pa
cifo; 1870 Western Union; 5000 Chesapeake &
Ohio; 400 Louisville Nashville; 1000 Chicago,
Rock Island l. Pacific and 3,0v0 Illinois Central.
MORNING QUOTATIONS..