Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-01-19
Eastern and Euronean Markets.

Eastern and European Markets.
New York, Jan. 1S.-Money fairly active
at soc per cent, closing at per cent.
Prime mercantile paper $685. per cent.
Sterling exchange, bankers bills steady at
9S2s. Sight exchange on New York 991S.
Dry goods imports for the week, $6,4SO, OOO
Governments steady for Is and IS, and Il
per cent. higher for 411Sss and IS
Bonds-The features of the railroad bond
market were Rome, Watertown & Ogdensburg
firsts, which advanced to 50 from 911S and
then declined to 90; Wabash, st. Louis & Pa
cific equipment sevens, which advanced to 10
from Is; St. Paul & Sioux City frsts, which
advanced to lis from 111115; st. Louis & Iron
Mountain seconds, to lie from 11OA Chicago
& Northwestern frsts, to 1l3 from LIZ; Mobile
& Ohio second debentures to SO from 40; Lake
Erie & Western incomes to Il from TO- New
Jersey Central incomes to 102 from 1O1; Great
Western seconds to ITO from 100. Wabash,
ST. Louis & Pacific general mortgage skies
declined to 1925 from 1O414; St. Louis & Iron
Mountain first preferred income to 95 from
| 961a; Ohio & Mississippi frsts, Springfield
| division, to lis from 116, later recovering to
11515.
State securities dull.
Stocks-At the opening of Stock Exchange
! the market was strong and 1s@I per cent.
higher for the general list and per cent. high
err for American Union Telegraph, but soon
became weak and declined 4@21s per cent,
American Union Telegraph, Canada Southern,
Denver 81 Rio Grande, Chicago g. Northwest
ern and st. Louis d Iron Mountain leading in
| the downward movement. Toward noon
| speculation became strong and an advance of
| 4@3 per cent. was recorded, in which Denver
& Rio Grande, Chicago, st. Louis & New Or
leans, Canada Southern, Western Union Tele-
graph and Pacific Mail were most conspicu-
Gus. During the afternoon prices reacted IA
2per cent, but in the late dealings the market
became buoyant and the highest prices of the
day were touched, coal shares being prominent
in the improvement, which ranged from 40
81 per cent. from the lowest point. Later in
the day Western Union Telegraph and Della
ware, Lackawanna & Western rose Ak per
cent. Delaware & Hudson 3% per cent, and
New Jersey Central 2% per cent Illinois Cen
trail advanced 81 per cent. in the morning, but
closed at reaction of 211s per cent
The Commercial says: The reports, which
we deem not improbable, are that the govern
ment will take the telegraphs and incorporate
them into the postal system, and that De Les
seps' Panama canal will buy controlling in
| terest in the Pacific Mail steamship lines. The
| Lesseps have already an option to take the
Panama railroad, but on terms higher than
| the present price of the stock. A meeting of
| the directors of the Hannibal e. St. Joe rail-
| road will be held tomorrow, when action will
be taken on the matter of refunding the vari-
Gus issues of bonds into a consolidation bond
. for $4,000 900, bearing lower rate of interest
| 1t is understood the holders of the bonds now
| outstanding, and most of which have only a
short time to run, express a willingness to
| take the proposed issue on equal terms. If
the new issue is made saving of nearly $780,
600 year will be insured, which, of itself,
will pay dividend on the preferred stock
The earnings of the Chicago, Milwaukee & St.
Paul road increased SGT ,531 the second week of
January, and those of the Chicago & North
western $67 200 in the same time Northern
Pacific earnings the second week in January
gain :6,605, those of the Flint & Pere Mar
quette for the first week S9,441, and Atchison,
Topeka & Santa Fc in the same time, Sol 200.
Nashville, Chattanooga & st. Louis earnings
for December decrease s9,G5s. The steamship
Gallia, from Europe, brought 1,402, 900 in
British gold bars, the ste .nship Arizona $780,
O00.of gold bars; the steamship Pereirc $780,
900 in French gold coin, and the steamship
Gellert S96,550 in French gold coin; total,
80, 176,500.
According to the Ercning Post the advance
in Illinois Central stock is due to the expecta-
ton that the dividend will be raised. Currency
continues to accumulate here, but there is no
foreign gold coming and none expected. The
loan market continues to gain by the treasury
operations, the disbursements exceeding the
receipts of the treasury. Silver dollars are
working their way into circulation, particu-
larly away from the money sellers, and silver
certificates of the denominations of $40 no
longer are rare sight in pocket money
The transactions aggregated 521 900 shares,
of which 5000 were American Union Tele-
graph; 1900 Atlantic & Pacific Tele-
graph; 1900 Chicago, Burlington 81 Quincy;
5000 Chicago, Columbus g. Indiana Central;
5000 Canada Southern; 1900 Central Pacific;
5000 Delaware, Lackwanna & Western;
lO,VUU " DcHNcT
d Rio Grande; $1,000 Erie; 10000 Han
nibal g. st. Joe: $500 st. Louis & Iron Noun
tain $1,000 Illinois Central; 5000 Missouri, |
Kansas d Texas: $500 Lake Shore; 1,700 |
Louisville & Nashville; 1000 Michigan Cen
trial; 1900 Chicago 81 Northwestern; 1900 |
Nashville Chattanooga & st. Louis; p, 600 !
New Jersey Central; 1900 New York Central; |
6,400 Northern Pacific; 21,000 Ohio & Mis- |
sissippi; 5000 Ontario q Western; $4,000 Pa |
cific Mail; $500 Philadelphia 81 Reading; |
1900 Chicago, Milwaukee & St Paul; 1000 |
ST Paul & Omaha; $4,000 Union Pacific 2O,' 90 |
Wabash, st. Louis 81 Pacific; 1900 Western |
Union Telegraph; $4,000 Marietta & Cincin- |
natl first preferred; 1890 Chicago, st. Louis |
& New Orleans; 1000 Morris & Essex and |
1900 Ohio Central.
MORNING QUOTATIONS.
Rock Island. l3s B. c. r. & NJ. 70
Panama.. ......23O Alton d T. H.. As
Fort Wayne. 1875 do preferred. =. 1871
Pittsburgh. .....134 Wab. st. L. g. P. 4S4 |
Illinois Central. 1850 do preferred. . 923s |
c. B. d Q....-...11019 Han. 81 st. joe. 52M |
Chicago u Alt. .1491S do preferred. 1853
do preferred. 1885, Iron Mountain :. coz
n Y. Central. .15119 st. L. e. s. F.. 4S1
Harlem..... ....191 do preferred. 6S19
Lake Shore. :: 1875 do 1st pref'd.. -.
Canada South'n. S7M C. st. L. d y. O. 51L