Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1880-09-10
Eastern and European Markets.

NEW YORK, Sept. 9.-Money easy at 2@s
per cent. closing at 2@21s per cent. Prime
mercantile paper 419@5H per cent. Sterling
exchange, bankers bills steady at $4.sOsI.
Sight exchange on New York $4.8315.
Governments steady. Railroad bonds active
but irregular. State securities dull.
Stocks-The stock market fell off frac-
ton in early dealings but subsequently ad-
vanced a to ~ per cent. and later reacted 4
to rs per cent. This was followed by recovery
of e to % per cent, but during the afternoon
speculation again became depressed and de-
cline of Is to per cent. was recorded. In late
dealings the market became firm and closed at
a recovery of Il to Is per cent. Oregon nav
lgation rose 9 per cent, reacted per cent. and
recovered 1 per cent. Montauk Coal broke
from IS to II. The break was said to be the
result of manipulation, having for its object
the shaking out of q member of the pool
determined on selling the stock. The pool
stood aloof for the time being and allowed the
stock to drop off to the lowest figures reached
when they bought what was offered at their
own price. The insiders still express confidence
in higher prices and say the company has no
Indebtedness has made all necessary expendi-
lures for doubling the output within three
months and is earning at the rate of 7.per cent.
per aDnum with the expectation of 81 per
cent. dividend Nov. LIST. The principal stock
holders are W. 81. Cox, of Mechanics National
bank; James Boyce, of Baltimore; David
Hotchkiss, of New Haven; Charles Parish and
Sautter & Co., of New York. George Mon
tague, of the Seventh Ward National bank, is
treasurer. The regular quarterly dividend of
N per cent, on Chicago & Northwestern pre-
ferred stock has been declared, payable the 2Sth
inst. The earnings of the Canada Southern
road show gain of $135, 900 for August and
those of Burlington, Cedar Rapids & Northern
gain of $37,332. The gross earnings of
thirty-six railways for the month of August
were $l6.077, 665, an increase of $3,897, 1872.
The gross earnings of thirty-one 70 ads from
JAM l to Aug. 81 were $l05, 1888. $50, an increase
of s2333, 1872. These statements include the
traffic of such leading lines as the New York
Central, Chicago & Northwestern, Chicago,
Milwaukee & st. Paul, Wabash, St. Louis d
Pacific, Central Pacific, st. Louis & IroH Noun
tain, etc., but do not that of Pennsylvania
OenGrdl, 0alGlmOrG O. ODlO, Lake OnOr0, MICH
igan Central and Union Pacific. IF those earn
ings were added the total since Jan. LIST would
be swelled to much higher figures. The
Northern Pacific reports $4,000 traffic for
August and 1856, 900 land sales. The receipts
this company, exclusive of land sales for the
fiscal year ended June 80 1880, were 81, 230, ISL.
The first indications of September earnings are
shown by returns from the Chicago & North
western, which gains $4,000 for the first five
days of the month, and Denver & Rio Grande.
which increases 5000 the first week in Sep
TENDER.
The transactions aggregated $4,000 shares, OF
which 1000 were Chicago, Columbus & Indiana
Central; 10000 Chicago, Burlington & Quincy;
10000 Delaware, Lackawanna Western;
L., 900 Delaware & Hudson; $4,000 Erie; 5000
Hannibal & st. Joe; 10000 st. Louis Iron Mouu-
tain; g. 700 Missouri, Kansas Texas; 10000 Lake
Shore: 5000 Lake Erie Il Western; 5000 Michigan
Central; 1900 Manhattan Elevated; 1000 Morris
Essex; 1900 Marietta Ciacinnau first preferred
400 Montauk Goal 100 Chicago & Northwestern
IS 900 New Jersey Central; 1900 New York Central
LOO Northern Pacific; l,7O0 Ohio & Mississippi:
|, 400 Pacifc Mail; 2,2lO Philadelphia Reading;
900 Chicago, Milwaukee Il st. Paul; 1900 St.
Paul Omaha; 6,0O0 Wabash, st. Louis & Pacific,
400 Western Union.