Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-08-01
eastern and European Markets.


NEW YORK. July SO.-Mohey easy at 2X@
per cent. Prime mercantile paper 3@4
per cent. Sterling exchange, bankers bills
dull at 1854. SighC exchange on New
York, $4.844.
Governments quiet and generally steady.
Bonds-In the railroad bond market Chesa-
peake & Ohio currency SKIES advanced to 611S
from 5915; Texas & Pacific land grant incomes
to 81 from 80; Oregon Navigation frsts to
ITO from 1O1; Ohio Central incomes advanced
to Sc from 55K and Chesapeake 81 Ohio frsts,
series B, to IS from S71S.
State securities dull.
StOeks-The stock market opened irregular
but firm. After slight decline in the early
dealings the entire market took an upward
from TX to 81 per cent, the latter In Mem
phls g. Charleston Missouri Pacific, Texas
Pacific, the granger and coal shares, Pacific
Mail and trunk line properties being promi-
nent in the improvement. During the after
noon there were occasional reactions, but
higher range of quotations was fairly main
tanned up to the close of business, while in the
late dealings Northern Pacific preferred was
very strong and advanced 2@34 per cent,
Chicago, Saginaw q Canada rose per cent,
Hannisal & St. 10 common fell off 2 per cent.
and preferred advanced 2 per cent. during the
week and miscellaneous speculation was in
fuenced largely by official dispatches from
Washington regarding the condition of the
President, the conflicting reports about the
trunk line war and crop prospects. The sharp
rise towards the close was stimulated by the
improved condition of the President, the enor-
nous purchases of stocks to cover short con-
tracts, the shifting of numbers of spectators
from the bear to the bull side, the rumored ne
gotiations for settlement of the railroad diff
culties and large purchases of Lake Shore and
other trunk line shares, which were accredited
to Vanderbilt and his friends. Wheat closed
fairly active and strong at about 1c advance,
corn closed at 411a@4X higher and oats closed
strong at @1Zc advance. The corn crop
will be very large if there is no frost. The
reports along the Chicago. Milwaukee & st.
Paul and Chicago & Northwestern roads
promise fairly. Next to rate cutting, crop
prospects are influencing the markets. While
Wucdb iOPOi 10 "iO SoHiAiOoihS3 oAie
impression is that it will measurably fall be-
low that of last year.
The transactions aggregated 271 geo shares;
Canada Southern 8, 200; Central Pacific $500
Chicago, Columbus & Indiana Central 5000;
| Delaware, Lackawanna g. Western 26,000
Delaware & Hudson 1890; Denver 81 Rio
Grande So 900; Erie 10000; Hannibal & st. Joe
| 2 500; Missouri, Kansas & Texas 6,200; Lake
Shore o. GOO: Louisville & Nashville 5000
Lake Erie & Western 1900; Michigan Central
$500; Memphis & Charleston 1,50O; Missouri
Pacific $500; Chicago & Northwestern
1880; New Jersey Central S,7O0; New
| York Central $500; Northern Pacific
Is, 900; Ohio & Mississippi 1890; Ontario s
Western 8, 400; Ohio Central 1000; Pacific
Mail $4,000; Peoria, Decatur d Evansville
1000; Chicago, Milwaukee q St. Pau
| II, 900; st. Paul & Omaha 8, ZOO; Texas Pacific
600; Union Pacific 1880; Wabash, st. Louis
& Pacific $1,000; Western Union Telegraph
| $4,000,