Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-01-28
Financial and stock Markets.

New YORK, Jan. 27.-Money 3@4 per
cent. Prime mercantile paper 5@5H per cent.
Sterling exchange, bankers bills steady at
S4.S4X; On demand, $4.89K.
Dry goods imports for the week, 81, 134 900.
Governments-F Fairly firm and q per cent
higher for extended IS and 4Xs coupon, and
unchanged for extended 6s, AXIS registered
and Is.
Bonds-Rallroad bonds strong.
State Securities Moderately active.
Stocks-Share speculation opened at an ad-
vance Of 4 a. per cent from the closing quo
tations yesterday, Richmond q Danville lead
ing in the advance, while Canada Southern
opened per cent. lower. An advance Of so
X per cent. took place in the early dealings,
Chicago & Northwestern and Wabash, St.
Louis & Pacific preferred being most import
ant therein. Following this was decline OF
A@% per cent, but the market subsequently
became stronger and between boards an ad-
vance was recorded ranging from y to 3X
per cent, the latter for Chicago & Northwest
ern. Denver & Rio Grande, Chicago, Milwau-
zee & St. Paul, Memphis & Charleston and
Western Union Telegraph were also prominent
in the upward movement. St. Louis & San
Francisco advanced 1 per cent, Manhattan
Elevated SO per cent, Richmond & Allegheny
1 4 per cent. and Richmond & Danville 4 per
cent. from the opening. After the second
board the market led up X@1X per cent,
Richmond & Allegheny and Chicago & North
western leading therein, while Richmond &
Danville sold up 292K per cent, but imme-
diately reacted ~ per cent. In the late deal
ings the market advanced 1s@1X per cent,
the latter for Richmond s. Allegheny, while
Chicago, Burlington & Quincy sold up ~
per cent. but closed l per cent. lower. The
market closed generally firm.
The Wall street market opened generally
BETTER this morning. but opinions still vary as
to the future The Vanderbilt houses talk
doubtfully concerning their specialties and
German houses are said to be sellers of Lake
Shore. Gould. it is said, stated he looked for
moderate fluctuations for about two weeks
and afterwards a bull market. All the Boston
railroads are understood to have been in con-
ference with the Denver managers, giving rise
to reports of important negotiations between
the Chicago, Burlington & Quincy and Atchi-
son, Topeka & Santa Fe roads. 1t is stated
positively that Gould has made another i'm
portant railroad purchase, which will be an
nounced within few days. Considerable
Chicago & Northwestern was bought yester-
day for Western account. No application has
been made to list Western Union Telegraph
on the London stock exchange. The earnings
of the company increased 81 900 last week.
There is rumor in circulation that Gould
would soon acquire large interest in the
Chesapeake & Ohio road. Foreign houses
were large buyers of government bonds yes
terday.
The transactions aggregated 425 900 shares:
Canals Southern 5000; Central Pacific $500;
Delaware, Lackawanna & Western AZ, 600;
Denver & Rio Grande 81 900; Erie Is, 900; Han
nibal & st. Joe $500; Missouri, Kansas &
Texas $500; Lake Shore Al 900; Louisville
& Nashville $500; Michigan Central 1880;
Manhattan Elevated 1000; Memphis &
Charleston $500; Missouri Pacific $500;
Chicago & Northwestern 43 900; New Jersey
Central 1900; New York Central $4,000;
Northern Pacific 81 600; Ontario & Western
1,7OO; Pacific Mail 400; Peoria, Decatur &
Evansville LOO; Philadelphia & Reading
S,7OO; Chicago, Milwaukee & st. Paul 81 600;
st. Paul & Omaha LOO; Texas Pacific
~, 900; Wabash, st. Louis & Pacific $500;
Western Union Telegraph $4,000; Illinois Cen
trail 1850; Richmond & Allegheny $500;
St. Paul & Manitoba 2,5U0; st. Louis & San
Francisco 1900; East Tennessee, Virginia &
Georgia $500; Indiana, Bloomington & West
ern 2,1OO; Robinson Mining 2,lO0.