Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-01-14
MONEY AND TRADE.
FINANCIAL.
Money and StO0klk

NEW YORK, Jan. I3.-Governments strong and
ls0A higher. Railroad bonds continue in active
demand and prices made further sharp advance.
State securities dull.
Stocks--Features of the market were Chesapeake /
Ohio issues, which rose from 654 to 672s for series
b and from 40 to 441a for currency IS, round
amounts being taken in advance. Kansas & Texas
irsts sold up to 100 and seconds to 62L. Mobile &
Ohio first debentures to 74h; Texas Pacific in
to 1874 Erie coasuls second series, to 8S1
do funded 5s to 49, consol rs to 1l6h. Iron Noun
tain first preferred incoree to ssA second preferred
incomes to II and Toledo Wabash seconds to 1Ol.
at the close there fractional decline in some
instances. The general manager of the Little Pitts
Consolidated Mining company in his report OF the
operations of that company for the year ending Dec
81, 1879, gives the following figures: Receipts,
Sl3 500; total expenses and charges $500, 1910;
dividends paid SS5O,O0o; surplus, Sl64,2l3; real es
tate purchased, S26,G00. To the surplus should be
added about 10000 due for ore delivered and I'M
settled for During the year %, 1877 tons of
produced, from which bullion product 81, 900 is
estimated. The reserve in sight is estimated at
3d. OO0 per centage of ground opened per cent
present rates increase of per month $4,000;
present rate dividend per month 100000 and pres
emit rate increase of surplus per month $4,000 The
stock market opened buoysnt and prices advanced
4 to So per cent, Nashville, Chattanooga & st.
Louis, Chicago, st. Louis L New Orleans, Chesa-
peake 4 Ohio, Alton 4 Terre Haute, Houston Il
Texas, and Iron Mountain leading in the upward
movement After midday there was reaction of
laGl3H per cent, the latter Chattanooga, Nashville
s st. Louis Western Union was also conspicuous
in the decline During the afternoon the market
wa strong and toward the close became buoyant
again with an advance of H02 per cent. The fea-
lures in late deal were Erie, Atlantic Pacific,
Western Union, --sapeake s Ohio, Wabash, Nash
vile, Chattanooga & ST. Louis, nlinos Central, and
Kansas Texas. Marietta & Cincinnati firsts pre-
ferred closed at tx and Nashville, Chattanooga &
st. Louis a. 931l.
The transactions aggregated 347, 600 shares, Of
which &C, 900 Erie; $500 Lake Shore 4 Mchi-
gan Southern; $500 Chicago Z Northwestern; 5000
Milwaukee 4 st. Paul; 900 Lackawanna& Western
3,GoJ New Jersey Central; 300 Reading; $500
Union Pacific; 46 % Columbus, Chicago Indiana
Sluthern; 2,0n Chicago Alton; COCO Hannibal &
st. joe; 1863 Ohio Southern; $1,000 Western Union
1920 Atlantic Pacific; 1900 Pacific HAL; 70 900
wabash, St. Louis & Pacific; 49, 00Kansas & Texas
60 Iron Mountain; 500 Indianapolis, Cnic All
Lafayee; 1910 Illinois Central AGO Houston &
Texas; 400 Louisville & Nashville: 1000 Lake
Erie & Western; 1900 Marietta i Cincinnati frsts
preferred: l6,0 Nashville, Chattanooga St. Louis
$4,000 Northern Pacific; 2,OUOiSt Louis 4; San Fe
cisco; 1000 Alton Terre Haute; 1900 Quicksilver;
$40 Central Arizona.
Money, 6 per cent. Prime mercantile paper SOS
per cent Sterling exchange, bankers bills 50;
sight exchange on New York s5A. Produce exports
for the week S5,0G0,000.
The following we're the closing quotations.