Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-02-04

ment sevens, which advanced to IS; Indiana,
Bloomington & Western income to 7716 from
ssh. Texas e. Pacific income land grant
seveDs, which declined to so from S2h and
later recovered TO S11s; St. Louis & Iron
Mountain firsts, which fell to lis from 11S1s;
New York, Pennsylvania & Ohio income to SO
from 81 Is; Chicago, Columbus & Indiana Cen
trail income to re from 74E: Texas q Pacific
frsts, Rio Grande division, to 97}S from 90;
indianapolis, Decatur & Springfield seconds
income to 66 from 67sll, and Boston, Hartford
& Erie firsts to So from 59J6.
State securities dull.
Stocks-The stock market was irregular at
the opening, but in the main weak and lower,
Alton & Terre Haute preferred showing a de-
cline Of 81 per cent. and common 81 per
cent Subsequently prices fell off H@1 per
cent, but at the first board speculation as
sumed strong tone and an advance of 4@3
per cent. was recorded, the latter In Western
Union Telegraph. This was followed by a
decline of al@41s per cent, in which Western
Union Telegraph, Union Pacific, Texas Pacific,
New Jersey Central, Lake Erie & Western and
Canada Southern were most prominent. In
the late dealings frmer tone prevailed and at
the close prices showed recovery of 4@S1s
per cent, Western Union Telegraph, Manhat-
tan Elevated, American Union Telegraph,
Union Pacific, Texas Pacific and coal shares
leading in the improvement. The late advance
was caused by report, which was verified
some time after the close of business, that the
three telegraph companies have consolidated.
The Express says: There is a marked in
crease in our foreign trade In provisions this
year. Since January LIST the exports of cut
meats from New York alone were no less than
Sc, 0O0, 900 pounds against $4,000, 600 the same
time last year, and of lard 26,0OO,0oO pounds
against only 100000 for like period in
1880. The sudden ratification of the telegraph
consolidation scheme was evidently for the
object of forestalling any action by the State
Senate on the bill passed by the Assembly yes
terday. The decline in Alton & Terre Haute
preferred shares was caused by disappointment
with the dividend.
The Graphic remarks that careful inquiry
among the leading commission houses to-day
elected the fact that the borrowing demand
for stocks is greater than for many months
past Subscriptions to the Tehuantepec inter.
ocean railroad per cent. gold bonds are com.
ing in rapidly. 1t is stated the offering is al
ready at premium and the success of the
loan is assured. The earnings Of the Chicago,
Milwaukee & st. Paul road Increased s54, 200
month 1925, 600; Chicago & Northwestern
gained $67 900 for January; Northern Pacific
road shares gain for January $500, and for
seven months of the fiscal year 1886, OIL. The
Indiana, Bloomington & Western road, after
paying all interest charges, shows net sur
plus for 1886 of $245,863.
Erensng Poet faancial artic!e: The stock mar
Q. has attracted unusual attention to-day and has
been highly feve1sh ard uncertain with the result
Of an important decline Ia SONS stocks. About II
4. ". Wall street received news that Judge Barrett
had rendered Q decision vaeating the Injunction
which prevented consolidation Of the telegraph com
an es. Western Union Telegraph. which. early II
the day, had sold at ll6A, instead of rising, fed IA
ll14, but since advanced to IA. American Uuior
Telegraph. which cary sold at ST. fell to 49, and At
lantic Pacific Telegraph fell to As. This unex-
pected break in t-le iraph stocks, with other Thugs
unsettled the whole list and prices fell h02M pei
cent the latter 10 Lehish b Wtkesbarre. Granger
| coal and trunk line aud Elevated railroad stocks
stock was comparatively steady, one, apparent
~, being ready 10 take them In round amounts al
about the present prices, they not having shared IN
Vanderbilt and Gould are, to speak. behind their
stocks, general and heavy break might be expect
ed as nearly al other minor but important specua-
have either 30 out their holdings active
bears, and prices very high further decline
Was checked.
The transactions aggregated 6O7 900 shares,
of which ! 800 were Alton e. Terre Haute;
LOO Chicago, Burlington & Quincy; 1890
Chicago, Columbus & Indiana Central; 1900
Canada Southern; 1,3O0 Central Pacific; 1850
Delaware, Lackawanna & Western; II 200 Del
aware g. Hudson; 1900 Denver & Rio Grande;
67 900 Erie; 5000 Hannibal & ST. Joe: 10000
ST. Louis & Iron Mountain; 5000 Missouri,
Kansas q Texas; "a, 900 Lake Shore; $500 Lake
Erie & Western; 1850 Louisville & Nashville;
6 1000 Michigan Central; 1900 Chicago &
Northwestern; 1000 Nashville, Chattanooga
& St. Louis; II 900 New Jersey Central; 1900
New York Central; 1900 Northern Pacific;
s 800 Ohio & Mississippi; $1,000 Ontario q
Western; 5000 Ohio Central; 5000 Pacific
Mail; 1850 Philadelphia & Reading; 10000
Chicago, Milwaukee & ST. Paul; 1900 St.
Paul e Omaha; 1900 Texas Pacific; $1,000
Wabash, st. Louis & Pacific; 1900 Union Pa
cifc; $4,000 Western Union Telegraph; 1900
Atlantic & Pacific Telegraph; 5000 Illinois
Central and $500 Little Pittsburgh.