Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-02-09
Eastern aud European Markets.

NEW YORK, Feb. s.-Money active at sac
per cent, closing at per cent. Prime
mercantile paper 411z@5119 per cent. Sterling
exchange, bankers bills firm at s4.se4. Sight
exchange on New York at 1851.
Produce exports for The week, S. 02, 900.
Governments steady for is and 5s and : per
cent higher for AS and Is.
Bonds-In the railroad bond market the
features were Lehigh s. Wilkesharre in
come, which advanced to 9S1< from 9419;
Indiana, Bloomington & Western seconds to
IS from IS: International & Great Northern
seconds income to as from 9l14; Ohio Central
income to 69% from 6s1E; Texas & Pacific
firsts, Rio Grande division, to 9915 from 9733l
Mobile & Ohio first debenture TO S21l from 81;
Boston, Hartford q Erie firsts 10 GO from 50;
New York, Pennsylvania & Ohio income TO 62
from 50; Peoria, Decatur & Evansville frsts,
Evansville division, to 81 from so; do income
to s4i9 from sS1l, and Texas Pacific incom.
land grant seyens to s. from S4115.
State securities dull.
Stocks-The stock market opened strong and
in the early dealings prices advanced 4@4 pei
cent, the latter in Oregon Navigation. Specu.
lation continued generally firm throughout the
afternoon till after the second call, when,
under somewhat free sales, decline of 1858
per cent. was recorded in the general list;
Chicago, Milwaukee & ST. Paul, Lake Erie &
Evansville and Michigan Central being most
prominent. Oregon Navigation reacted 3 per
cent, sold up per cent, with final sales at o
decline of 2 per cent. The market CT osed gen
orally weak.
The Graphic says: Notwithstanding the de-
NAL by Vanderbilt that meeting took place
last week between Vanderbilt, Gould, Sage and
D. o. Mills, it is stoutly asserted that there
has recently been an important conference be-
tween these capitalists, aud il is said an unani-
nous understanding and agreement was
reached to not only sustain prices of certain
securities against roads, but to advance them,
and such stocks as Vanderbilt'5, all leading
Southwestern shares, Western Union Tele-
graph, Union Pacific and Chicago & North
western will go much higher. Vanderbilt
friends believe the general outlook for the new
year is promising of great prosperity, and such
a revolution has taken place in the operations
of all steel rail lines that henceforward
America will be able to deliver grain aud pro-
duce on the other side of the water much
cheaper than it can be produced abroad. 1t is
stated that some large lots of New York Cen,
| trail and Union Pacific stocks were cut up into
small lots for export on an order from London
and Amsterdam. 1t is also said that 10,00e
! shares OF Ohio & Mississippi common have
been cut up into 10-share lots for London, and
| will be forwarded as soon as they are properly
| transferred.
The ErCming Post says: Telegraph stocks
are remarkably strong on the official an
| nouncement of the Western Union Telegraph
company that the Atlantic & Pacific Telegraph
stock in its treasury is to be divided now, in
stead of at some future time. The temper o.
the general run of Stock Exchange speculation
is still bearish and the rise appears to have
| been in spite of this. Oregon Navigation
which Yesterday advanced to Isis down TO
day to 176.
The transactions aggregated 406, 600 shares
of which LOO were Chicago, Burlington
Quincy; 5000 Chicago, Columbus & Indians