Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-05-22

the New York associated banks:
Loans, increase ..................S 6,461 300
opeclt, increase. ..-.-......--.. o,0oU,oUU
Legal tenders, increase ........ 73S,0O0
Deposits, increase .,...,........ 9,793, 300
Circulation, increase. ..... 1922 75
The banks now hold SIG, TBS, SIS in excess of
legal requirements.
Governments quiet and firn;. 6s of 81 are
row quoted as extended on basis of 3% per
cent.
BondS-Railroad bonds active and Irregular
State bonds moderately active.
Stocks-The stock market opened strong
and generally higher and the dealings were
characterized by a firm tone throughout al
most the entire day. There were occasional
reactions caused by realizations, but the gen
eral tendency was in the direction of higher
prices and the market closed strong at or near
the best figures of the day. The advance on
the days transactions ranged from x to TX
per cent, the latter in Central Pacific; Illinois
Central selling up 40 per cent, Houston g.
Texas Central per cent, Chicago, Rock Is
land & Pacific and Cleveland, Columbus, Gin
cinnatl & Indianapolis ~ per cent? and Chi
cago & Northwestern rs per cent. Some
shares show fractional decline on yesterdays
closing quotations. Speculation was on a
large scale and at times characterized by q
buoyant tone.
At the Produce Exchange a motion was
carried to raise the standard of inspection in
New York to the rate of Chicago on No. 2
spring wheat and No. Chicago and Milwau-
kee spring, to be deliverable on New York con
tracts. The motion did not cover No. 9 red
and white, however, in which the largest deal
lngS by far are made in this market during the
year, and of which there was no com plant last
winter on the other side, because it did not come
up to the standard of No. . in previous years.
New York shippers who are opposed to
reporting any but straight grades are in favor
of making the New York standard on both
winter aad spring wheat as high as other sea-
board or interior markets, in order that trade
may not be diverted from this market
The transactions aggregated $4,000 shares:
Alton 81 Terre Haute 1000; Chesapeake &,
Ohio 1000; Central Pacific SO, 900; Cleveland,
Columbus, Cincinnati 81 Indianapolis IL 900;
Chicago, Columbus 81 Indiana Central 1900;
Delaware, Lackawanna d Western 10000;
Delaware & Hudson 1900; Denver q Rio
Grande 500; Erie $4,000; Hannibal & st. Joe
1900; Illinois Central $500; Indiana, Bloom
ington 81 Western 1,600; Missouri, Kansas &
Texas so 900; Lake Shore 10000; Louisville &
Nashville 3,40O; Michigan Central 5000;
Mobile s. Ohio 1,1O0; Memphis & Charleston
$500; Chicago 81 Northwestern $4,000; Nash
Vile, Chattanooga 81 st. Louis $4,000; New
Jersey Central $500; New York Central
800; Northern Pacific 1900; Ohio & Mis-
sissippi 3,1O0; Ontario IL Western 1900; |
Ohio Central $4,000; Pacific Mail $4,000;
Peoria, Decatur & Evansville 1900; Phladel,
phia g. Reading 5000; Chicago, Milwaukee & |
St. Paul 1900; St. Paul s. Omaha $4,000; |
Texas Pacific 9,400; Union Pacific $4,000; |
Wabash, st. Louis 81 Pacific $4,000; Western
Union Telegraph 3,400; Houston & Texas |
Central II 900; Canada Southern $500; Chi |
ago, Rock Island 81 Pacific $500; Marietta /
e Cincinnati first preferred 1000; st. Louis /
G. Co, Eronoicoo 6 0nO