Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-07-16

per cent. Prime mercantile paper 3@4H per
cent. Sterling exchange, bankers bills steady
at $4.s4. sighs exchange on New York
$4.s6.
Dry goods imports for the week, 50, s56, 900.
Governments quiet and generally steady.
Bonds-In the railroad bond market Ohio
Central incomes advanced to 63 from co. Erie
funded fives to 99X from 9s11s; do second con-
soils to 1927 from 1919, and Chicago, Column
bus s. Indiana Central incomes to Tx from
II. Mobile & Ohio fourth debentures declined
to 60 from e.; Houston & Texas Central
ssmain line' frsts to liz from 11S; Interna-
tional & Great Northern firsts to 1111S from
112X; Rome, Watertown & Ogdensburg firsts
to 1902 from 1881, and Richmond & Allegheny
tirsts to 10S from 109
State securities dull except Tennessees.
Stocks-The stock market opened weak
and lower and in the early dealings declined
n to- per cent, Michigan Central, Chicago,
Milwaukee & st. Paul, Chicago & Northwest
ern, Western Union Telegraph and Texas Pa
cifc leading Towards noon there was re-
covery of I to l per cent, but during the
afternoon heavy pressure to sell prevailed
and prices took sharp downward turn, the
lowest figures of the day being current in the
late dealings, when the decline from the high
est point ranged from n to 33s per cent >,
Texas Pacific, Oregon Navigation, Illinois
Central, Cleveland, Columbus, Cincinnati &
indianapolis and granger and trunk line shares
leading therein. In the final sales there was a
fractional recovery in some cases, but the
market closed unsettled. Five thousand shares
Of Lake Shore sold to-day, seller sixty days, at
IL per cent. below the regular rate. Central
Arizona sold down to 81. There was rumor
afioat that this stock is to be listed at the
London Exchange and is being purposely de-
pressed preparatory to closing, SO parties who
we're sellers at 6 were buyers at the lower
figures of to-day. This has been very quiet
week. as to be expected in view of the season,
the extreme heat and the absorbing interest in
the condition of the President, still the vol
ume of trade continues large. AS indicated
by the exchanges the falling off in the foreign
trade of the country, both in exports and i'm
ports, which has set in is only temporary
matter not particularly significant. and at any
rate is not sufficient to materially affect the
prosperity of the country ASA whole.
The Erening Post says: None of the ru-
mors respecting preparations for settlement
of the trunk line differences and restoration of
rates, which rumors were current yesterday,
having been confirmed, we have to-day low
er market for stocks OF trunk line roads and
also for the general list, Western Union Tele-
graph stock icing notably weak, because the
company has been again dragged into the
courts and payment of the dividend due to-day
eDjoined
The transactions aggregated 5000 shares:
Canada Southern 5000; Central Pacific 5000;
Denver & Rio Grande 1,400; Erie 17,000;
Missouri, Kansas s. Texas $500; Lake Shore
80, OOO;. Louisville & Nashville 1880; Lake
Erie g. Western 1900; Michigan Central
$4,000; Missouri Pacific $4,000; Chicago &
Northwestern 1850: New Jersey Central
$500; New York Central 1000; Northern
Pacific 1000; Ohio s. Mississippi 5000; On
tario & Western 1,40O; Ohio Central 1900;
Pacific Mail 1000; Chicago, Milwaukee & st.
Paul %, 900; St. Paul & Omaha 1000; Texas
Pacific $500; Union Pacific $4,000; Wabash,
st. Louis & Pacific 5000; Western Union
Telegraph 10000; Central Arizona 8,4O0;
Illinois Central $500.