Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-01-28
MONEY AND TRADE.
FINANCIAL.
Money and Stocks.


NEW YonK, Jan. 27.-Governments were steady
for Sis snd rs and Il per cent higher for AIS and
Is. Bar silver 81 .13Si. Railroad bonds strong and
generally buoyant. indianapolis, Bloomington &
Western incomes advanced per cent. Erie consol
seconds sold ct Sa@9o4 do funded IS rose to Si1S
and reacted to S4li. Missouri, Kansas x Texas
frsts sold at l03l4@104; do seconds rose from 67A
to %. Chesapeake Ohio firsts advanced from 66ss
to Co.'S. Denver Rio Grande firsts from 90 to
lO11s Texas Pacific incomes from S7,z to 80. IN
ion Pacific sinking funds from 1l9 to 12o. Toledo 4
Wabash consoIs, common, from 100 to 1913. State
securities dull and nominal, except Louisiana con-
soils. which advanced from 471a to 491a and closed
at A..
Stocks--The stock market was buoyant during the
greater portion of the day. and prices advanced al
81. per cent the latter Nashville, Chattanooga st
Louis. Pullman Palace car stock rose per cent. !;
Missouri, Kansas Texas, "a per cent; Erie, per
cent; Ohio 4 Mississippi, l2s per cent; Toledo &
Wabash, Ia per cent, and preferred IA per cent.
Dur ng the afternoon Missouri, Kansas * Texas de-
cired ~ per cent; Toledo Wabash, Ia per cent
preferred, IL per cent. Erie, IL per cent, and
preferred, Ia per cent. The remainder of the LIST
reacted a fraction in sympathy. In the final sales
the market was firm at partial recovery. The
Graphic says: SIT is every day becoming more
fully established that the relations existicg between
the New York Central syste of railroads and Erie
are such will enable these great properties to be
worked to the best advantag but the relative posi-
tions Of Lake Shore & Michigan Southern and Erie
are such as will enable them to most profit bly, utilize
the most harmonious relations established between
their several :nsnagements We are not surprised to
Ia irn therefore, as We do upon excellent AUTHORITY
thai the realized earnings of the Lake Shore road
are largely in excess of the est ated earnings when
the last s atement was made" The Central Pacific
stock ich the syndicate of wealthy capitalists re-
Gently took, Ga shares and the option of another
$4,000 shares, has advanced from IS to 81 bid.
The fiGanc al editor OF the Brooklyn eagle" say .
stThe announcement is made this morning that
pooling contract has been signed between the man
ayers of the Erie and New Yok Central roads by
which the former gets an amount equal to 25 per
cent. the business of the Hoosac tunnel route 1t
is said that Vande bilt brought to terms by
threat the part of Je rett that If an arrangement
vas rot concluded the offer of capitalists in Boston
would be accepted, by which independent elevators
a d stores would be erected. This explains the re-
cent manipulation of Erie stock, which Was kept
down at time when the tendency of the whole mar
kct WIS upward. This movement puzzled outsiders,
and many be anne disguised with the stock and sold
orators were bnyiog, and it is said that not only
Keene but the Vanderbilt family loaded with the
stock and bonds of the Erie road. In the sane way
Toledo & Wabash was manipulated pending tho
summation of the scheme for the consolidation of
the Pacific roads. VIII lie the commiss oners from
the Kansas Pacific and Uni IN Pacific were arranging
the details, prominent director in the former posi-
lively denied that such a plan was contemplated.
Then he was selling puts the stock, and at the
same time those who were In the secret were buying
berally of this shares" The break in Toledo & Wa
bash and Missouri, Kansas & Texas at the close
caused by dispatch from Washington that the
House committee territories refused by vote of
to to change the political statutes of the Inian
Territory Little Pittsburgh was strong, advan ting
from q to 28H, closing at 90. Nashville, Chatta-
nooga St Louis closed at 80, Marietta L Ciucin-
natl first preferred at l67, and Indianapolis Bloom
ington 4 Western at A.
At the close transactions aggregated 400 900 shares,
of which g % Canada Southern; 1,9G0 Central
Arizona; 1900 Chicago, st. Louis & New Orleans;
$1,000 Chesapeake u Ohio; 800 Columbus, Chicago
& Indiana Oentrsl; 5000 Chicago, Burlington 4
Quincy; 1900 Delaware, Lackswsnna h Western;
1910 Erie; 160t0 Hannibal &St. Joe: $500 st.
Louis Il Iron Mountain: 100 Indianapolis, CiDcin-
natl Il Lafayette: 9,2J0 Indianapo is. Bloomington
& Western: $1,000 Kansas & Texas; $4,000 = Ike
Shcre 4 Michigan Southern: 1900 Louisville 4
Nashville; 1850 Lake Erie Western; 400 Mchi-
gan Central; 1900 Marietta & Cincinnati first pre-
ferred 600 Chicago Northwestern: Il, 900 NASH
vile, Chattanooga & st. Louis; $500 New Jer-
sey Central; 1900 New York Central; 1,400
Northern Pacific: $500 Ohio & Mississippi;
$50 Pacific Mail; $500 Reading; 1900 Mil
waukee & st. Paul: 7,4O0 st. Louis & San Fran
cisco; 3,iD0 ST. Paul Il Sioux City; 300 Union Pa
cic; 700 Wabash, st. Louis 4 Pacific; 1900
Western Union 1900 Little Pittsburgh, and $500
Quicksilver.
Money, sac per cent closing at 5per cent Prime
Sterling
bankers bills strong at 81; sight exchange New
York "a.
Produce exports for the week, S6,7 900
The following were the closing quotstions: