Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-03-27
WEAK FOR A WEEK.

The Stock Market Rallies at the Close, Blu
Not Enough to Check The Tendency Of
the Week TO Weakness-Wheat Steady
! Yesterday, and Pork Higher and Strong
ST. PAUL. March 81, 1881.
On the board of trade yesterday prices ant
transactions were rs follows:
| Wheat-No. hard 97c; No. 2 do. 94c
No. 94c; No. 2, 92c; do. April 94c; do. May
96c; No. 3, SIC.
| Corn-No Ale; March and May soc;
March offered at 42c.
Oats No. white 33c bid, 34c asked; No. 2
do. 32c; No. mixed, cash April and May, 32c;
April and May offered at SIC; No. 5 mixed,
3IHc.
Barley--No. 2. Sc; No. extra 75c; No. 8,
Csc.
Rye-No. 2, S0c
Ground Feed-$15.50.
Corn Meal-$14.50.
Bran-S9.50.
Hogs-Live, 1918; dressed, $500. Sale,
one car live at So IS.
Timothy seed-$2.60.
Clover seed-$5. 90.
Receipts yesterday, II car loads of wheat, Z
car loads of corn and 1 car load Of oats.
Commission house prices for flour, potatoes,
onions, beans, butter, eggs, poultry, ETC., I'M
changed.
A New York dispatch of last evening says:
Dry goods business fair with cotton goods
and commission houses. Prints in moderate
request; best makes are steadily held. Cling
hams active with agents and jObbers. Dress
goods and lawns moderate request. Wooden
goods quiet. The Bulletin says $50 packages
of Kirkland mills domestics are to be sold at
auction next Wednesday.
Eastern and European Markets.
NEW YORK, March 26.-Money 4@6 per
cent. per annum. Prime mercantile paper
5@6 per cent. Sterling exchange, bankers
bills firm at $4.S0X. Sight exchange on New
York at $4.s219.
BANK STATEMENT.
The following is the weekly statement Of
the New York associated banks:
Loans, increase ...................S 4,7OO
Specie, decrease. ............. 1855, lUU
Legal tenders, increase. ........... 693,30O
Deposits, decrease. 2,345, 100
Circulation, increase .............. S59, 400
Reserve, decrease. ............... 6O3,525
The banks now hold 81 TOT IT'S in excess of
legal requirements.
Bonds-Railroad bonds generally strong and
higher.
State securities quiet
Stocks-The stock market opened generally
strong and higher, Nashville, Chattanooga &
St. Louis showing an advance of ~ per cent.
and recording further advance of 2per cent.
Speculation, however, soon became weak and
prices declined Il to 21a per cent, the latter in
Nashville, Chattanooga & st. Louis, but at
the first board a firmer tone prevailed and a
recovery of a to ~ per cent. took place, in
which Northern Pacific and coal shares were
most prominent. After midday the market
became unsettled with downward tendency,
and after the second board, when the lowest
figures of the day were touched, the decline
from the highest point ranged from a to ~
per cent, the latter in Nashville, Chattanooga
& St. Louis. In the final sales there was a re-
covery of IS to per cent, in which most of
the active shares participated An injunction
having been served upon the Northern Pacific
railroad company forbidding the transfer of a
part of the common stock, the Stock Ex-
change rule that only certificates of common
stock registered March IS or previous, are
good for delivery until further notice.
The transactions aggregated $1,000 shares;
$500 Canada Southern; 10000 Delaware,
Lackawanna g. Western; 9,700 Delaware &
Hudson; 5000 Denver & Rio Grande; 81, 600
Erie; $500 Hannibal & st. Joe: 5000 st. Louis
& Iron Mountain; 1900 Missouri, Kansas 6,
Texas; 1900 Lake Shore; 1,400 Louisville
& Nashville; 1850 Michigan Central; 1900
Mobile & Ohio; 1000 Chicago g. Northwest
ern; 1900 Nashville, Chattanooga & St. Louis;
4S, 600 New Jersey Central; $4,000 New York
Central; 1000 Northern Pacific; $500 Ohio
& Mississippi; 2,400 Ontario & Western; $500
Ohio Central; $500 Pacific Mail; 400 Phla-
delphia g. Reading; $4,000 Chicago, Milwaukee
& St. Paul; 1900 St. Paul & Omaha; II 600
Texas Pacific; 81, 600 Union Pacific: $500
Union Telegraph; 5000 Chesapeake & Ohio.