Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-03-02

and Missouri, Kansas q Texas second consols
to s11S from sO11ss; Illinois Central consols as
scented advanced to III from 116; Denver & Rio
Grande firsts to lis fIom 11414, and Texas Pa
cific firsts, Rio Grande division, to TK
from 81.
State securities in light request.
Stocks-The stock market was irregular
in the early dealings, but assumed strong
tone at the first board, when the entire list
recorded an advance. Speculation continued
firm throughout the afternoon, there being,
however, occasional slight reactions, which
were speedily recovered. The highest figures
of the day were touched after the second
board, when the improvement, as compared
with the final sales yesterday, ranged from Il
to Tx per cent, the latter in Nashville, Chat
tanooga & st. Louis, which sold up to 921s
and closed at 9O% bid. The advance in the
general list was well maintained to the close
and was most marked in st. LOUIS q Iron
Mountain, Canada Southern, coal stocks,
Western Union Telegraph, Union Pacific,
Texas Pacific, Pacific Mail, granger shares,
Lake Shore, Michigan Central and Louisville
& Nashville. In the last hour the rate for
call loans at the Stock Exchange fell to per
cent. Many hold that the treasury will permit
all banks which have given up their note cir
culation and deposited lawful money to redeem
the same, to withdraw the lawful money de-
posted. The assistant treasurer to-day bought
S242, 500 in bonds, and received 1922 200 in cash
and $3.50, 900 in checks to retire national bank
circulation.
The Eucmimg Post says: In the money
market stock brokers, in many cases, are pay
ing commission of 1-16per cent. per diem,
but there is much steadier tone to this, as
also the other markets, on the prospect of the
defeat of the refunding bill and adjournment
of Congress. The treasury continued to take
in more money than it paid out, the deposits to
withdraw national bank notes amounting thus
far to-day to S2O2, 500, while the disbursements
by way of bond purchases amount to only
$4,000. Neither of these movements would
be considered important were it not for the
fact that since the Senate passed the refunding
bill the treasury has absorbed not far from
$4,000, 900 more lawful money than it has
paid out, SO that the bank reserves here and
elsewhere are that much lower than they were
when the raid on the banks became serious.
Reports concerning the Canadian money which
came here last week are very much eX-
aggerated less than 81 800, 600 all told, having
arrived. The rates for bills on London for
several days have ruled SO as to permit good
imports and considerable amounts were Or
dered to-day. We are told that many of these
OrQerS nave De6u COuutcTluduucu dIu Tile III
rivals ten days hence, which are expected as a
result of last weeks commotion, will not ex-
coed $500, 900.
The transactions aggregated $4,000 shares;
1900 Chicago, Columbus & Indiana Central;
1000 Central Pacific; 1880 Canada Southern;
1000 Chicago, Burlington & Quincy; 81, 600
Delaware, Lackawanna & Western; 5000 Della
ware & Hudson; $4,000 Denver & Rio Grande;
$1,000 Erie; 5000 Hannibal & St. Joe: $4,000
St. Louis & Iron Mountain; 1000 Missouri,
Kansas & Texas; $4,000 Lake Shore; 5000
Louisville & Nashville; 5000 Michigan Cen
trail; 5000 Manhattan Elevated; 21,OO0 Chi
cago & Northwestern; $4,000 Nashville, Chat
tanooga & St. Louis; Il 900 New Jersey Cen
trail; 5000 New York Central; 1000 Northern
Pacific; 1000 Ohio & Mississippi; $4,000 On
tario & Western; 5000 Ohio Central; $1,000
Pacific Mail; LOCO Peoria, Decatur & Evans MS
vile; $1,000 Philadelphia & Reading; 10000
Chicago, Milwaukee & st. Paul; 1900 St.
Paul & Omaha; 1000 Texas & Pacific; $4,000
Union Pacific; $4,000 Wabash, st. Louis &
Pacific; 10000 Western Union Telegraph;
1000 Little Pittsburgh.