Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-01-31

| in steady demand and shifting doing we'll.
Mems wear woolens quiet but prices remain
| firm.
Eastern and European Markets.
NEW YORK, Jan. T.-Money easy at 5@6
per cent. closing at 5 per cent. Prime mer-
camille paper 415@51s per cent. Sterling ex-
change, bankers bills steady at ee5s. Sight
exchange on New York at 991s.
Governments strong and generally a shade
higher.
Railroad Ronds-The features of the railroad
bonds market today were Texas Pacific income
| land grant sevens, which advanced to 50 from
70, closing at sl15, International & Great
Northern second income to o. from 80, Boston,
Hartford & Erie irsts, which declined to 60
| from 81, later advanced to 6111l, Denver, South
| Park & Pacific firsts, which declined to 107
from 100, and then recovered to 10S1s, Ohio
Central income, which declined to 6719 from
60, Mobile g. Ohio third debenture to 40 from
A, and Chicago, Columbus & Indiana Central
income to M from rs, closing at 1874.
Southern Pacific & California firsts were
strong, with sales at 103X@104.
State securities moderately active.
EuOckS-1u C SLOCh LldTheL WIS
early dealings, but at the first board strong
buying movement was begun. under which
the general list advanced rapidly The upward
movement continued without any important
interruption to the second board, when the
improvement ranged from x to 1924 per cent,
the latter in Alton g. Terre Haute preferred,
while the common rose ~ per cent, Texas Pa
citc AZ per cent, and Metropolitan Elevated
per cent. Subsequently there was reaction
of IA to 51s per cent, the latter In Alton &
Terre Hautc preferred. Speculation became
firm again in final dealings, and the
market closed at recovery of from
a to g per cent. Oregon Navigation,
which closed yesterday at $50 bid, sold up to
157 and closed at 16O1164.
The arrivals of gold from Europe
at the assay offices for the week
ending Friday were 1000 of foreign coin and
bars. The total arrivals since August 2 were
s6s, AS, 400, of which s62 500 400 was foreign
coin and bars and $780, 900 American coin.
The total arrivals for the corresponding period
of 1S79-sO were s73,415,150. Payments by
| the assay office on this account were 1896, 626
for the week and $62, 450,s76 since August 2,
1880. Specie exports for the week S2S150,
and silver imports 1921 rs.
1t is estimated in Washington that the pub
lie debt for the current month will show de.
| crease of between sS,000,00 and $4,000, 900.
The Express financial writer, in review of
the week, says government bonds were in active
demand, notwithstanding the unsettling inhu-
ence of dispatch from Washington during
| the week regarding the undecided fate of the
| House refunding bill. State bonds were fairly
active and steady. Among railroad bonds
| investment issues were quiet but strong, while
| low priced bonds were active and buoyant, the
| advance ranging from to 10 per cent, with
| the chief activity and advance in the Texas Pa
| cific, Boston, Hartford & Erie, Chicago, Co
lumbus & Indiana Central, Chesapeake &
Ohio, Peoria, Decatur s. Evansville, Ohio Cen
| trail, Mobile & Ohio, Lake Erie s. Western
st. Louis & Iron Mountain, Delaware, Lacka,
wanna & Western, Lafayette, Bloomington &
| Muncie incomes Erie and Missouri, Kansas &
Texas issues we're active on narrow fuctua.
tions. Toward the close there was less ac-
| tivity and downward tendency in all but Texas
| Pacific incomes, which were active and buoy
ant. Among investments issued the Southern
! Pacific & California frsts and Chicago, Mil
waukee & st. Paul, Chicago Il Northwestern
and Denver s. Rio Grande bonds were
notably prominent and strong. Rail-
way and miscellaneous speculation early
| in the week was feverish and prices declined
\ to 81 per cent. in nearly the entire list, but
subsequently buoyant feeling set in, particu-
larry in the case of low priced shares, the adj
vance in which was quite remarkable in some
Instances. The buoyancy In low priced shares
was afterwards communicated TO some Of the
high priced stocks, which also became more
active. The improvement in prices from the
| from to 24s per cent, the upward move
ment being led by Oregon railway aud navi-
CATION, Alton & Terre Haute, telegraph shares,
Denver & Rio Grsnde, Ohio Central, Lafay-
| cite, Bloomington & Western and Iron Noun
tain. The other features of the mar
ket we're Northern Pacific, st. Paul
| and Elevated railway shares, Ontario
81 Western and Ohio & Mississippi.
| Elevated railroad shares were strong almost
throughout the week, with steadily Increasing
business. The greatest advance was made to-
Gay Oh Iepcrts u idI ES luCitdSS III LilS tIdlC
of the Manhattan Company. The fact that
New York and Metropolitan stocks are selling
below other 10 per cent. stocks has attracted
the attention of capitalists, and the steady
absorption Of New York Elevated has left only
| a small floating supply Of stock on the street.
A still larger traffic for Elevated roads will
| take place as soon as the extensions beyond the
| Harlem River, which are contemplated, are
certain, while important reductions in cper-
| atipg expenses are already being effected. In
| final sales there was some reaction in active
speculation in favorites from the extreme buoy
| ancy of the week, the decline from the highest
point ranging from x to 81 per cent.
The transactions aggregated 453, 900 shares,
| of which $4,000 were Chicago, Burlington d
Quincy; 26, GOO Chicago, Columbus & Indiana
Central; 5,500 CaDada Southern; 8, 200 Chesa-
peake d Ohio: 2, 400 Central Pacific; %, 600
Delaware, Lackawanna u Western; 8, 400 Del
aware Il Hudson; 16,0O0 Denver d Rio
Grande; 2S,G80 Erie; 1900 ST. Louis & Iron
Mountains: 11,90o Manhattan Elevated; 200
Mobile d Ohio; 8, 100 Nashville, Chattanooga
& St. Louis; IS, 900 Chicago & Northwesternt
10000 New Jersey Central: $500 New York