Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-05-21
Eastern and European Markets.

NEW YORK, May 2O.-Money S@4 per
cent. Prime mercantile paper 4@4X per
cent. Sterling exchange, bankers bills weak
at s4.S4. Sight exchange on New York
S4.S6.
Dry goods imports for the week, 81, 1872 900.
Governments strong for 319s and As and sc
e per cent higher for 6s and IS.
Bonds-Railroad bonds fairly active.
State securities weak and lower for Tennes-
sees.
Stocks-The stock market opened strong
and q to 2 per cent. higher, the latter for
Ohio & Mississippi preferred. In the early
dealings there was reaction of Is to per
cent, but before the first board speculation
assumed a strong tone and an advance of d
to 81 per cent. was recorded, Louisiana &
Missouri River, Canada Southern, Chicago &
Northwestern. Michigan Central, Union Pa
cifc and Hannibal & st. Joe leading in the up
ward movement. This was followed by re-
action of q to per cent, the latter in North
ern Pacific common, but during the afternoon
speculation again became firm and prices con-
tnued to advance up to the close of business,
when the improvement ranged from Il to III
trail, Hannibal & st. Joe and Pacific Mail lead
ing therein.
The Commercial Bulletin says: Large and
increasing exports of American securities to
Europe has at length depressed rates, for for
egn exchange and leading drawers Of sterling
to-day twice reduced their posted rates which
was followed by proportlonate decline IN
actual rates. Money very easy, and it was
known at the close Of business hours that
many per cent, bonds remain unextended by
the treasury, but it seems safe TO calculate on
at least 5lO, 900 cash coming ont of the
treasury on account in addition to $4,000, 600
to come out latter in the year tor registered
fves, and whatever amount proves to be
needed on St20,000,000 coupon flves The
privilege to extend at 81 per cent. runs I'M
til July ist. The extensions OF registered
5 per cents, and 3Hs continue
to pour in rapidly, and IL now looks as if the
entire S250,0O0,U00 of this class of bonds,
which can be continued, will be extended, be-
fore the middle of next week; the 81 percent.
bonds, or WINDOWS, rs they are called, for ID
to-day, at 1.G3a5, and old bonds, 5s and is,
for which 81 per cents. could be obtained
The transactions aggregated $4,000 shares:
Alton s. Terre Haute LOO; Canada Southern
1,7O0; Chesapeake & Ohio $3.50; Central Pa
cifc 1900; Chicago, Columbus & Indiana
Central 1900; Delaware, Lackawanna
CS WESTERN lU,UuU, OeldWdfc o. duuSou 1,Uooi
Erie 10000; Hannibal & st. Joe 1900; St.
Louis & Iron Mountain 1000; Indiana, Bloom.
ington & Western $500; Missouri, Kansas &
Texas $1,000; Lake Shore 81 600; Louisville &
Nashville 3,70O; Michigan Central $4,000;
Mobile & OHIO 1000; Memphis & Charleston
1890; Chicago & Northwestern 1900; Nash
vile, Chattanooga & St. Louis 1880; New
Jersey Central 13,OOO New York Central
$4,000; Northern Pacific $1,000; Ohio & Mis-
sissppl 1000; Ontario & Western $4,000;
Ohio Central $4,000; Pacific Mail $4,000;
Peoria, Decatur & Evansville 200; Chicago,
Milwaukee & St. Paul 1000; St. Paul & Oma-
ha 5000; Texas Pacific $500; Union Pacific
$4,000; Wabash, St. Louis q Pacific 12,0O0;
Western Union Telegraph $4,000; Cleveland,
Columbus, Cincinnati & Indianapolis 1000;
Chicago, Rock Island & Pacific 5000; Illinois
Central 2,500.