Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1881-02-05


The dry goods business continues moderate
lowing to cold weather and distractions to
transportation. Cotton goods generally steady
in price. White goods and quilts fairly active.
Prints sluggish but steady. Dress goods and
ginphams in fair reQnest. Mems wear wool
ems quiet. Foreign goods in light request.
Eastern and European Markets.
New YORK, Feb. 3.-Money active at SOC
per cent, closing at per cent. Prime mer-
camille paper 41S@5H per cent. Sterling ex-
change, bankers bills weak at So Sight
exchange on New York at IS.
Dry goods imports for the week, 81 ,729, 600.
Governments quiet and generally firm.
Bonds-The features of the railroad bond
market to-day were Texas & Pacific income
land grand sevens, which advanced to S47s
from SSX, then advancedto and closed at So =;
Indiana, Bloomington & Western incomes ad-
yanced to so from IA; Boston, Hartford &
Erie lrsts to 81 from So; Chicago g. North
| western firsts to 1101s from 1857; 1ndianapo-
| lis, Decatur & Springfield second incomes to
671l from &C, fell to SC, recovered to 81, and
again declined to &C; Chesapeake & Ohio cur
rency skies advanced to 50 from 81, and Mis-
lsouri, Kansas s. Texas seconds to So from 81 y !;
Chicago, Milwaukee & st. Paul Qowa & Da.
kota division) frsts fell to 1913 from 1875, and
Lafayette, Bloomington e. Muncie income to
| 81 from 50.
| State securities dull
Stocks-The stock market opened strong and
generally higher, and in early dealings prices
advanced 4 to per cent, the latter in Oregon
Navigation, Chicago & Northwestern preferred
and telegraph shares also being prominent in
| the improvement At the first board specula-
ton became weak and prices declined d to 8
per cent, but there was an advance of a to 4
per cent. Oregon Navigation leading In the
down and Chicago, Burlington u Quincy in
the upward movement During the afternoon
| speculation was irregular. At the second
board Lake Brie & Western rose 81 and Chi
cago & Northwestern 211s per cent. In late
dealings free sales caused decline of 4 to 3
per cent most marked in telegraph stocks,
Chicago & Northwestern, Lake Erie & West
ern Chicago, Burlington s. Quincy and Lake
Shore. Oregon Navigation closed at decline
of 6 per cent. from the highest point. keene
| is selling calls on Lake Shore for sixty days at
| 1876.
The Ercning Post says: In the stock OK
change the market is steady, firm and
strong United States bonds and railroad
bonds are, as rule, outimportant change
in prices. 1t the stock market speculation
turned on the telegraph consolidation, which
| induced general covering of large and short
| interest made recently in the whole list. The
effect of the consolidation has been to
strengthen the whole stock market, for the
reason that il is construed as a ''bulr' event,
and as such 1t created an active buying back
| of stocks which had been sold short. Tele-
graph stocks advanced to 11Sl4 for Western
Union, to S. for American Union, and to 491
| for Atlantic & Pacific. The principal rise,
however, has been in other stock. eOregon
Navigation has risen 10 per cent. to IT'S; Chi
cago 6 Northwestern preferred 6H per cent. to
IA; Chicago, Burlington & Quincy per cent.
| to US; Chicago & Alton "a to 150I@151115;
Delaware, Lackawanna & Western 70 to 1884:
Delaware & Hudson 155s to 1918; New Jersey
| Central Il to %: Lake Shore / d to 1884;
| Canada Southern 4 to s41s and Union Pacific
1 per cent. to 1271a. The remainder of the list
has advanced a fraction. The strength of the
Northern Pacific stocks is due, it appears, to
purchases in anticipation of the upward move
ment to be made as soon as stocks are placed
on the London and principal continental ex-
changes. The halt in the upward movement
| in Ontario & Western stocks may be explained
| by report which comes from Boston, to the
effect that the road is to be bonded for $780,
100000. These bonds, of course, are 10 pre-
cede the present stock, which averages more
than 100000 per mile. The road has no
bonded debt. The report also says that the
present shareholders are to have the priv
ilege of taking new bonds, and for each 81 900
to one-half of the bonds taken.
The transactions aggregated 462, 900 shares,
of which 400 were Alton & Torre Haute;
200 Atlantic s. Pacific Telegraph; 1900 Amer
lean Union Telegraph; 400 Chicago, Burling-
| ton e. Quincy; 5000 Canada Southern; 2, 400
Central Pacific; $4,000 Delaware, Lackawanna
& Western; $4,000 Delaware & Hudson; 1000
Denver & Rio Grande; $4,000 Erie; 5000 Han
nibal & st. Joe: 5000 st. Louis 81 Iron Noun
tain; 12,00o Missouri, Kansas & Texas; 81, 900
Lake Shore; $4,000 Lake Erie & Western; !, 400
Louisville & Nashville; 5000 Michigan Cen
trail; $4,000 Chicago s. Northwestern: $4,000
New Jersey Central; II 900 New York Central;
900 Northern Pacific; 8 200 Ohio & Mis-.
sissippi; $4,000 Ontario & Western; 5000 Ohio
Central; $500 Pacific Mail; 1,5O0 Philadelphia
& Reading; $4,000 Chicago, Milwaukee 6 st.
Paul; 1900 st. Paul & Omaha; 5000 Texas
Pacific; 1900 Union Pacific; $4,000 Wabash,
st. Louis & Pacific; $1,000 Western Union Tel
Iegraph; $500 Peoria, Decatur & Evansville
and 5000 Little Pittsburgh.
MORNING QUOTATIONS.
Rock Island. 1915 B. C. r. & N. :. 751s
Panama. ......235 Alton d T. H.. 80
Fort Waynei :. .l29is do preferred. 1873
Pittsburgh. 49,. 1898 Wab. st. l.. & P. 49,
Illinois Central. 1929 do preferred. SS4
c. B. & Q.......175 Han. g. St. Joe.. SO x
Chicago & Alt. .l5011 do preferred. 1861
do preferred. $50 Iron Mountain :. 6O1S
Y Central 14S1/ St L, & s F. AZ