Daily globe., 1882-10-03


4snsy loaned mp from ~ to 40 per sa,t
A&f4per TOO per cent. Sterling ex-
[nanl, tss15.
q halfa which are x per cent. lower.
fsBends-Railroad bonds irregular.
State Securities-Withou feature except for
Tennessee mixed, which declined to so.
Stocks-Share speculation opened weak and
prices showed decline from Saturdays closing
prices of @S per cent, the latter for Nashville,
Chattanooga & st. Louis. St. Paul l. Manitoba
opened per cent. and Canada Southern X nor
cent. higher. During the early trade the market
was very active and weak, and a decline was re-
corded ranging from Is to ~ per cent, in
which Lake Shore, New Jersey Central, Nash
vile, Chattanooga & st. Louis, Wabash. 81.
Louis 4 Pacific preferred and St. Paul & Mani
toba were prominent, while Louisville 4 Nash.
vile broke to 50 from 6s5k, it's closing price
Saturday, recovered per cent, reacted 2 ner
cent, rallied ~ per cent. and recedsd l nor
esut. After this the market became firmer and
abeut midday an edvanoe Of 3<Gl% per cent.
tsek place, Lsuisville d Nashville leading there
in. The market again became heavy and prices
II IL
Nashsilla, Wabash, st. Louis 4 Pacific and Ben
ver i HE 9A1a being most conspicuous IN the
downward turn. subsequently there was rally
Of xoH percent, led BY Nev Jersey Central
and Teas Pssihs, but again the list reacted u
ga ps1 can't, ;Wehash. 6t. Louis 4 Pasifc pro
'fsrsed, Dslsvare, Laskawanna d Western and
Texas Pacific being most prominent In the de-
cline. After this il was regular but in the main
strong and the general list sold mp HG1A pr
een4., the latter fer Habash, ST. Louis 4 Pacific
pssfesrsd. The market closed generally strong,
but showed decline On the days transactions
of x@6E. pr esnt., Lsaisville Nashville,
Nashville, Chattanooga 4 st. Louis, Wabash, St.
Louis Pacific preferred and Texas Pacific being
most prominent therein. Mining stocks to-day
dull; Robinson Consolidated sold at $50, State
Line and and declined to II, and Oriental
and Miller to 15. Iron Silver advanced to 22O.
Sales fer the day 81 ,S25 shares. The break in
Louisville Nashville was helped by report
that at . meeting of the stockholders at Louis
Vile Wednesday proposition is to 10 made to
offer to the stockholders 120 900 shares Of stock
at 30. Lake Shore shared in the weakness.
There was at ne time to-day panic, but great
deal OF margin stock was forced on the market,
which, in additien to short sales and the selling
Va SA0 kkcns uSSl ek6CuA6tOrS, overwhelmed
prices and broke then down. There were signs
however, that soas Of the leading spectators
were secretly taking in stocks and without doubt
the final movement Of the present movement
will bs to bull the market, particularly as the
situation outside Of Wall street is legitimately
''bullish." Foreign buying of stocks was again
large to-day, the foreign markets being higher
than our own.
The transactions aggregated 600 shares:
5000 Canada Southern; 6,00e Central Pacific;
10000 Delaware, LAckawanna Western; sc, 900
Denver Rio Grande; 5000 Erie; $500 Han
nibal St. Joe; II, 900 Missouri, Kansas 4
Texas; 5000 Lake Shore; 1900 Louisville l.
Nashville; 10, 600 Michigan Central; 5000 Mis-
soun Pacific; 10000 Chicago l. Northwestern;
5000 New Jersey Central; 1000 New York
Central; 81 600 Northern Pacific; 5000 Ontario
4 Western; 1000 Philadelphia L Reading;
1900 Chicago, Milwaukee & st. Paul; 1900
St. Paul Omaha; 900 Texas Pacific; 1900
Union Pacific; $4,000 Wabash, st. Louis d Pc
cihc; $4,000 Western Union Telegraph; 5000
Allegheny Central; 5000 Nashville, Chattanooea
& st. Louis; 1000 Oregon Transcontinental; |;
5000 Rochester 4 Pittsburgh; 5000 Minneapolis
& st. Louis.