Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-02-17
THE MARKETS.
The Provision Boom Still Maintained, but
Cereals Little Off-Active Business In
Stocks at Higher Figures, With Northern
Pacific Leading the Advance.

Stocks at Higher Figures, With Northern
Pacific Leading the Advance.
ST. PAUL, Feb. II.
On the board of trade yesterday prices were
as follows:
Wheat-No hard, CSC; No. do, 9Oc; NO.
l, soc; No. 2, SIC; No. 8, 7Sc.
Corn-No. 2, SOC bid, Csc asked; May, S9c
bid.
Oats-No. white, S2c No. 8 do, Soc; No.
mixed, SIC; May, S2l15c; No. mixed, a9]ac.
One carload No. mixed takenat SOC.
Barley-No. 2, SOC; No. 8 extra, Csc; No. 3,
SIC.
Rye-No. 2, 74c.
Ground Feed-S1650, spot.
Corn Meal-$15.
Bran $3.50.
Hogs-Live s5.25; dressed s6.75.
A New York dispatch of last evening SAYS:
The dry goods market is quiet, but prices are
generally unchanged Cotton goods are in
light demand, but leading makes well sold up.
Prints are quiet. Ginghams active. Dress
goods in moderate request. Mems wear wool
ems quiet. Foreign goods more sought for.
Eastern and European Markets.
NEW YORK, Feb. 16.-Money easy at 3@6
per cent, closing at 8 per cent. Prime mer-
camille paper 495 per cent. Sterling ex-
change, bankers bills quiet at s4.SS4.
Sight exchange on New York at $4.S65s.
Governments quiet but firm.
Bonds-In the railroad bond market the
special feature was Texas & Pacific income
land grant, which advanced to S554; Peoria,
Decatur & Evansville advanced to S73s from
S64; Lehigh g. Wilkesbarre consols to liz
from Ill; Texas & Pacific firsts, Rio Grande
division, to 100 from 941s; st. Louis & Iron
Mountain first preferred income to 94s4 from
81, second preferred income to 81 from SO.
Chicago, Columbus & Indiana Central income
fell to u from 1874 and Indianapolis, Decatur
& Springfield second income to So from 81.
State securities dull.
Stocks-The stock market was irregular In
the early dealings but subsequently became
firm and closed strong and generally buoyanr.
At the opening some shares showed decline,
notably Philadelphia & Reading, which was 2
per cent. lower, but at the first board specula-
ton assumed decidedly strong tone and be-
fore noon an advance of X @45s per cent. was
recorded, the latter in Denver & Rio Grande.
During the afternoon the market occasionally
reacted slightly, but toward the close prices
again took a sharp upward turn and closed at
an Improvement of 14@45S per cent. on the
DAYS transactions, the latter in New Jersey
Central. Denver & Rio Grande, Northern Pa
cific, Chicago 81 Northwestern and st. Louis q
Iron Mountain were also prominent in the i'm
provement The sales of stock at New York
oh
and the exchanges, after deducting double the
market values of the shares sold, were about
s577 orc, 774, nearly $13, 100000 less than for
the previous week, which included the LIST and
Eth of the month.
The Euening Post says: The stock market
was strong, the special feature being Northern
Pacific stock; the common advanced to 1875
from 4Sssl, and preferred to 715s from 7O115. 1t
has been an open secret that a strong combi-
nation has been buying preferred stock and
keeping prices down while doing So The pool
was made up early in the year. In common
stock, which has only a speculative value,
they advanced the price from about 80 to over
10; meanwhile the preferred stock, which has
value, it representing the old Jay Cooke
mortgage bonds and being receivable at 100 In
payment for lands bought from the company,
advanced very little. The present movement
is in anticipation of placing the stock on the
London and principal continental exchanges.
Louisville & Nashville railroad advanced to SO.
This road is controlled by the Chicago q
Alton. The earnings of Denver & Rio Grande
increased S45, 900 the second week in February.
The transactions aggregated 492 600 shares,
1000 Chicago, Columbus d Indiana Central;
1000 Canada Southern: 5000 Central Pacific;
$1,000 Delaware, Lackawanna Il Western;
5000 Delaware Il Hudson; $4,000 Denver &
Rio Grande; $4,000 Erie: 1900 Hannibal & st.
Joe: 10000 ST. Louis 81 Iron Mountain; 600
Illinois Central; $4,000 Missouri, Kansas &
Texas; 10000 Lake Shore; 1900 Lake Erie &
Western; 10000 Louisville & Nashville; II 900
Michigan Central; 1880 Manhattan Elevated;
5000 Metropolitan Elevated; 10000 Chicago
6 Northwestern; $4,000 New Jersey Central;
5000 New York Central $4,000 Nashville,
Chattanooga & St. Louis; 10000 Northern Pa
cific; 5 600 Ohio & Mississippi; 1900 Ontario
& Western; 1000 Ohio Central: 1900 Pacific
Mail; 5000 Peoria, Decatur & Evansville;
5000 Philadelphia s, Reading; 12,G00 Chi
cago, Milwaukee 81 st. Paul; 1900 st. Paul
& Omaha; $4,000 Texas Pacific; 5000 Union
Pacific; $4,000 Wabash, st. Louis & Pacific
and 4 900 Western Union Telegraph.
MORNING QUOTATIONS.
Rock Island 1371l Ontario & West S91l
Panama.. ......22S B. c. R. & Mt. :. ~
a.