Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-04-03
TRAFFIC CIRCLES.

Stocks Boom Up and Northern Pacific
Takes Four Point Jump-General Buoy
ancy of the Market-Fair Weather in
Chicago and Milwaukee Knocks a Little
StuffIng Out of Wheat.
ST. PAUL, April 8, 1881.
On the board of trade yesterday prices and
| transactions were as follows: ey
Wheat-No. / hard Csc; No. Q do. Csc;
MOL Csc; No. 2, cash Csc; April, Csc; sale
IS 600 bushels, May, at 96Gc; No. 8, SIC.
|. Corn-No. 2 4lc bid; sale one car at Ale;
April and May 39c bid. Ass{ ls
Oats--No. white 3311zc; No. 8 do. 80 bid,
33 c asked; No. 2 mixed, cash, April and
May, &c bid, SIC asked; No. 5, mixed Bic
bid. 'af tlt
Barlcy-No. 2 s5c; No. 5, extra, 75e; No. 8,
Csc. 81"
Rye-No 2, Soc.
Ground Feed-$1 $50.
Bran-SS.0O Ct-
Baled Hay-Sl1OO.
Hogs Lve-S5.35, dressed $500.
Timothy Seed-$265 bid, $2.75 asked.
Clover Seed-S5.0O bid.
At the commission houses prices are gene
rally unchanged, with business improving.
Eggs were firm yesterday at 15@16c.
A New York dispatch of last evening says:
The dry goods business continues light with
commission houses and importers, but jobbing
trade fairly active. Wooden goods quiet in
first hands. Cotton goods in steady but mod
crate demand and unchanged. Prints, lawns
and dress goods sluggish with agents, but
ginghams active in first and second hands.
Eastern and European Markets.
NEW YORK, April 2.-Money easy at 4@6
per cent Prime mercantile paper 5@6 per
cent. Sterling exchange, bankers bills steady
at $481. Sight exchange on New York at
S4.63X.
BANK STATEMENT.
The following is the weekly statement Of
the New York associated banks:
Loans, decrease. .................S 3l3,9OO
Specie, decrease .................. $500
Legal tenders, decrease. ........... $4,000
DEPOSITS, decrease ...... 91,10O
Circulation, increase :. ....,.. $1,000
Reserve, decrease. ........... 259,125
The banks now hold 81 ,447,650 in excess of
legal requirements.
Governments steady for Is and ]s@39 per
cent. lower for other issucs.
Bonds-Railroad bonds & nerally strong and
higher. tr,.t
State securities dull, except for Tennessees,
which were active.
Stocks-The stock market opened generally
firm but somewhat irregular. In the early
dealings speculation soon became strong and
an advance was recorded ranging from a to
~ per cent, the latter in Northern Pacific
common, the preferred selling up 2% per cent.
These shares, however, subsequently became
weak and closed at reaction of Ok per cent
for common and 10 per cent. for preferred.
The general list was strongly held during the
afternoon and became quite buoyant in the late
dealings, the final sales showing an advance
Il to ~ per cent, Western Union Telegraph,
Pacific Mail, the coal shares, Chicago, Rock
Island & Pacific, Illinois Central and grangers
leading in the upward movement Panama,
which last sold at 22s, advanced to 245 bid and
closed at $50. Tennessee 6s, old, rose from So
to IS and reacted to 81; new advanced from 50
to IS and receded to sly; do new series fell off
from SIS to sly, rallied to 56H and reacted
to 50.
The transactions aggregated 100000 shares;
$500 Canada Southern; $500 Chesapeake
6, Ohio; 5000 Delaware q Hudson; $500
Denver q Rio Grande; II 900 Erie; $500 Han
nibal & St. Joe: 1900 St. Louis & Iron Noun
tain; 5000 Illinois Central; $500 Missouri,
Kansas & Texas; $4,000 Lake Shore; 5000
Louisville & Nashville; 2,S00 Michigan Cen
trail; 2,4OO Manhattan Elevated; 1000 Mobile
6, Ohio; 5000 Marietta &, Cincinnati first
preferred; 1900 Chicago & Northwestern;
$3.50 New Jersey Central; 1000 New York
Central; $1,000 Northern Pacific; $500 On
tario g. Western; 6,7O0 Pacific Mail; 1,7C0
Philadelphia & Reading; 1900 Chicago, Mil
waukee & st. Paul; 900 ST. Paul 81 Omaha;
$500 Texas Pacific; 100000 Union Pacific;
10000 Wabash, st. Louis & Pacific; $4,000
Western Union Telegraph; 5000 Chicago,
Rock Island & Pacific; $500 Cleveland, Col
umbus, Cincinnati g. Indianapolis.