Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-11-15
Financial and Stock Markets.

NEW YORK, Nov. 14.-Money sos per
cent. Prime mercantile paper 6@7 per cent.
Sterling exchange, bankers bills firm at
SASH. Sight exchange on New YorA, 81 IS.
Governments Unchanged except Ans cou-
pons, which are per cent. lower.
Bonds-Railroad bonds Irregular.
State Securities-Inactive.
Stocks-The stock market opened irregular
but generally weak and lower, Memphis q
Charleston, which was 1 per cent. higher, be-
ing the only notable exception. In the early
dealings decline of Is to per cent. took
place, the latter in Memphis & Charleston, but
at the first board the market took an upward
turn and an advance of n to 8 per cent. was
recorded, which was most marked In Alton q
Terre Haute common and preferred, Cincin-
natl, sandusky & Cleveland, Erie preferred and
Missouri Pacific. Toward noon speculation
became week and the general list continued
heavy throughout the afternoon, the lowest
figures of the day being current after the Sec
ond call, when prices showed decline OF 4
to 2H per cent Nashville, Chattanooga q Ut.
Louis, Indiana, Bloomington & Western,
Northern Pacific, Chicago & Northwestern,
Chicago, Columbus & Indiana Central, Texas
Pacific, Chicago, Burlington & Quincy, Chi
cago, Rock Island & Pacific and Wabash, st
Louis & Pacific preferred leading therein. In
the final sales there was recovery Of 4 to Is
per cent. Norfolk & Western preferred sold
up5I per cent, but closed at reaction OF
TX per cent. Houston & Texas Central rose
per cent. but reacted per cent.
The Express says: The Stock Exchange
was scene of great excitement just previous
to the close OF business, when the room WAS
flooded with rumors Of an unfavorable and
rather startling nature. Ii was reported the
Tradesmen's bank was in trouble, that large
dry goods house had failed, that Phllidel-
phia bank was embarrassed, that prominent
bank president was dying and that railway
magnata had been assassinated. AS might
naturally be expected, the unusual crop OF
rumors had depressing effect on share spec
ulation and led to general selling movement,
which hurried down prices in the final sales
When 1t was discovered there was no truth
about the Tradesmen's bank trouble and also
that there was no foundation for the other
rumors there was marked change for the
better in the stock list and prices recovered.
The transactions aggl egated $40 900 shares
Canada Southern 1900; Central Pacific $1,000;
Chicago, Columbus q Indiana Central $500:
Delaware, Lackawanna & Western M,0OO
Delaware & Hudson 1,400; Denver & Rio
Grande II 900; Erie $1,000; Hannibal & st.
Joe 700; Missouri, Kansas q Texas 6,40o;
Lake Shore 5000; Louisville & Nashville
1890; Michigan Central $500; Memphis &
Charleston 1900; Missouri Pacific 1900;
Chicago & Northwestern 6,7OO; New Jersey
Central $500; New York Central $500
Northern Pacific 10000; Ontario & Western
1,4OO; Pacific Mail 1000; Peoria, Decatur &
Evansville 1900; Chicago, Milwaukee &
st. Paul 1900; st. Paul & Omaha $500.
Texas Pacific $4,000; Union Pacific 5000;
Wabash, St. Louis & Pacific 1l,oOO; Western
Union Telegraph $4,000; Ohio Central 5000;
Norfolk & Western perferred $4,000; Nash
vile, Chattanooga & St. Louis 1000; Indiana,
Bloomington & Western 1900; East Tennes-
see, Virginia & Georgia $500; Cincinnati,
Sandrsky & Cleveland 400; Alton Terre
Haute 1000; Houston & Texas Central 2.100;
Illinois Central 25)0