Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-01-01
Eastern and European Markets

New York, Dec. 31.-Money at per cent.
closing at q per cent. per annum Prime
mercantile paper 5@6 per cent. Sterling ex-
change, bankers bills firm at S4.S1. Sight
exchange on New York, S4.s315.
Dry goods imports for the week, 81 ,573 600
Governments quiet but generally firm. The
features in the railroad bond market were
Chicago, Columbus & Indiana Central incomes,
which advanced to 5S1l from 81; New Jersey
Central incomes to 81 from IS; Indiana, Bloom
ington d Western incomes to y from SO; Chi
cagO, Milwaukee u st. Paul firsts, Iowa e.
Minnesota division, to 127 from 1851; Chesa-
peake IL Ohio firsts, series B, to S211S from 81;
Chicago Milwaukee 81 st. Paul consols to 127
from 1251S; Rome, Watertown & Ogdensburg
tirsts to 81 = from sou, and Peoria, Decatur IL
Evansville incomes to rs from 75 Boston,
Hartford d Erie firsts declined to so from 81 :,
and then advanced to 81 4, and Denver & Rio
Grande tirsts declined to 1l415 flom lis, and
then advanced to 1154. State securities dull
Stocks-The stock market opened generally
firm, but subsequently became weak, the gen
cral list selling off 14@l1s per cent, while
Central Pacific declined 6 per cent. Toward
noon speculation assumed a frmer tone and
under brisk purchases prices advanced steadily
throughout the afternoon and became quite
buoyant in the late dealings, when tie advance
from the lowest point of the morning was 81
per cent. in Central Pacific and 1s@2 per cent
in the general list, the latter in New Jersey
Central. Pacific Mail, after an carly decline of
ID per cent, rose 2A per cent, but closed at
Il reaction of 2 per cent Indiana, Blooming
ton d Western advanced So per cent. on the
days transactions.
From the Post financial article: As was to
be expected on the last day of the year, the
money market is active, the ruling rate being
6 per cent, and the Stock Exchange markets
are disturbed to certain extent by the settle
ment of accounts which cannot be carried over
into the new year, but which may be renewed
carly in the new year. United States bonds
are Is per cent. lower for As, and q per cent
higher for dated bonds. Railroad bonds gen
orally are at an advance of 4@114 per cent. The
stock market ut the opening, while irregular
was generally strong, but soon became heavy,
and continued so until noon, when it became
slGOnS, diu 10 81 DO VIC NIllc. Liz Wlucbt
fluctuations were in the Central Pacific, the
movement apparently hayiug been a spccu-
lative device for the purpose of acquiring
stock. Two exceptionally steady stocks have
been the Louisville d Nashville, which on the
settlement of recent suits, and ON the near APP
proach of Il dividend, advanced to SO, and Eur
lington Il Western, which advanced TO 49,.
The most active stocks were the New York
Central at 1888, the highest price ever paid
for it.
The transactions aggregated 321 600 shares,
of which 1000 were Canada Southern: 1,1G0
Cleveland, Columbus, Cincinnati IL Indian
apols; 5000 Central Pacific; 1900 Delaware,
ickawanna IL Western; 6,400 Delaware &
Hudson 500 Denver 4, Rio Grande; 10000
Erie; 2,3CJ Hannibal d st. Joe; 1000 St.Lous
IL Iron Mountain; 800 Missouri, Kansas g.
Texas; 900 Lake Shore; 100 Lake Erie ~
Western; 5000 Louisville IL Nashville; 5000
Michigan Central; 1900 Chicago 81 North
western; 100 Nashville, Chattanooga & st.
Louis: $4,000 New Jersey Central; 21,00O
New York Central; 5000 Northern Pacific; g.
600 Ou;o 6 Mississippi; 1900 Chicago, Md
waukee &; ST. Paul; 5000 Ontario & West
ern: A, 900 Pacific Mall 5000 Philadelphia &
Reading; 1900 St Paul II Omaha; 5000 81.
Louis & San Francisco; II, 900 Union Pacific;
$1,000 Wabash, ST. Louis e. Pacific; $1,000
Western Union and 1000 Indiana, Blooming
ton d Western.