Daily globe., 1881-01-08
Eastern and European Markets.

New YORK, Jan. money easy at 4@6
per cent, closing at per cent. Prime mer-
camille paper 5@6 per cent. Sterling ex-
change, bankers bills firm at S4.9Ss4; sight
exchange on New York $4.99A, !
Governments firm and unchanged, except
for AIS, which advanced &c. The features
of the railroad bond market were Indiana,
Bloomington & Western incomes, which ad-
vanced to 74H from 60, and then fell to 72H !;
Cleveland Columbus & Indiana Central in.
ONES, which advanced to 63 from 81; New
Jersey Central incomes, which advanced to
1O5 from 9S7S and then fell to "a: Lehigh &
Wilkesbarre consuls assented, which advanced
to LOG from 104; Boston, Hartford 81 Erie firsts
to 59n from SO; Lake Erie &,Western firsts'to
LILY from 1O7%; Milwaukee & st. Paul, La
Crosse division, firsts to 1.24 from 1.23; Erie
second consuls to 101 A from 1909; Indiana,
Bloomington & Western seconds to S2%
from 81, and Milwaukee :: st. Paul frsts
(Southcrn Minnesota division) to 1857 from
1074. State securities moderately active.
Stocks-The stock market was. characterized
by strength and activity throughout almost
the entire day. With the exception of very
brief period of depression at the first board
the general tendency was the decline of higher
range values. The highest prices of the day
were generally current in final sales, and the
market closed strong, the advance compared
with the closing quotations yesterday ranging
from 4 to 37s per cent, the latter in Western
Union. The coal shares, Central Pacific,
Hannibal g. St. Joe, Union Pacific, Delaware
g. Rio Grande were also prominent in the up
ward movement Panama sold to $2.19H as
against $2.12 the last previous sale. The
earnings of the Union Pacific road
for 1880 are $25 ,494 900; increase
over 1879, $4,SS4, ,06O, but this includes
the accession of traffic from the Kansas Pa
cific and Denver Pacific consolidated as part
of the Missouri Pacific system last summer.
The earnings of the Chicago & Alton railway
for the fourth week in December were $780,
OIL, against $125, $50 the year before, de-
crease of S15,015. The earnings for the whole
month were S553,563, against S553,o14 last
year, comparative increase of $549. 1t is
said dividend of per cent. will be declared
on Erie preferred stock in March.
The transactions aggregated $4,000 shares,
of which 2,400 were Chicago, Burlington IL
Quincy; 1000 Cleveland, Columbus, Cincin-
natiN Indianapolis; "A, 900 Canada Southern:
6,OOO Central Pacific; $4,000 Delaware, Lack
awanna Il Western; 1900 Delaware g. Hud
son. $4,000 Denver & Rio Grande; 10000
Erie; 10000 Hannibal 81 st. Joe: 1000 st.
Louis & Iron Mountain; 1,500 Missouri,
Kansas & Texas; 1000 Lake Shore; ! 400
Lake Erie & Western; 1000 Louisville &
Nashville; $500 Michigan Central; $500
Chicago & Northwestern; $500 Nashville,
Chattanooga & st. Louis; $4,000 New Jersey
Central; 5000 Union Pacific; 1000 Ohio &
Mississippi; 11,OOO Pacific Mail; 1000
Philadelphia & Reading; 9,4OO Chicago, Mil
waukee & ST. Paul; 5000 st Paul & Omaha;
1900 Union Pacific; $4,000 Wabash, st. Louis
& Pacific; 5000 Western Union; 1900 Chi
cago, Columbus1& Indiana Central; $500 Ohio
Central; 5000 Morris & Essex and 5000 st.
Louis & San Francisco.