Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-01-14
Financial and Stock Markets.

NEW YORK, Jan. 13.-Money SOS per cent,
closing at 3a4 per cent, Prime mercan-
tile paper 6@7 per cent. Sterling exchange,
bankers bills strong at s4.s216. Sight ex-
change on New York, Sassy.
Firm and 1s@X per cent.
higher except for As registered, which are
unchanged.
Bonds-Railroad bonds moderately active.
State Securities-Inactive.
Stocks-Share speculation opened at an adj
vance from yesterdays closing prices of so
4 per cent, the latter for Michigan Central.
In the early dealings the market recorded an
advance of \ to X per cent, Denver 81 Rio
Grande and Richmond & Allegheny being
most prominent therein. subsequently the
market reacted 1s9M per cent, while Rich
mond 81 Allegheny sold down 1 e per cent. to
33B. The market again advanced H@l% per
cent, Denver & Rio Grande, Erie preferred,
New Jersey Central, Texas Pacific, New York
Central and Delaware, L,ckawanna & Western
being most conspicuous in the upward move
ment. Richmond & Dinville sold up 81 per
cent. from the opening to H@6H per cent.
auOub uOOu bllc uCSiIACQ ZSWl/S pei
cent, the latter for Denver & Rio Grande, but
between the first and second boards recovered
al per cent. In the late dealings the mar
ket fell off B@T per cent, the latter for
Denver & Rio Grande, but subsequently, re-
corded an advance OF K@13l per cent, in
which Richmond & Danvlle, Wabash, st.
Louis 81 Pacific preferred and Western Union
Telegraph were most prominent. Speculation
during the afternoon was very active and the
market closed strong.
New YORK, Jan. 13.-The proposition for a
settlement of the trunk lire war made Wed,
nesday has been received by the contracting
parties with favor. Insiders say while the ne
gotiations may fall through the chances of a
speedy adjustment are good.
It is believed that Gould's hand appeared in
the Western Union yesterday. A purchase OF
5000 shares in the morning was said to be for
him. The bear party in the stock put out
more shorts yesterday, but were little dis
turbed last evening by report that Gould
had been causing short interest and was pre-
pared to squeeze it.
The Chicago & Northwestern company
makes profit of S500,0O0 on the exchange OF
bonds which it lately negotiated.
The Atlantic & Pacific company thinks its
land grant in the Indian Territory will not be
forfeited on account of the fact that the gov.
eminent has not permitted the company to
fulfill its contract for building the road.
The transactions aggregated 900 shares
Canada Southern 100; Central Pacific Il, 900;
Chicago, Columbus & Indiana Central 1900;
Delaware, Lackawanna & Western $4,000;
Delaware & Hudson $4,000; Denver & Rio
Grande 10000; Erie $4,000; Hannibal & St. Joe
1900; Missouri, Kansas & Texas 5000; Lake
Shore $4,000; Louisville & Nashville Il, O00
Michigan Central 10000; Missouri Pacific
$500; Chicago & Northwestern $4,000; New
Jersey Central $4,000; New York Central
| 10000; Northern Pacific 81 600; Ohio & Mis-
sissippi 1900; Ontario & Western $500
Ohio Central 1900; Pacific Mail 5000; Pc
oria, Decatur & Evansville 1900; Philadel
phia & Reading 10000; Chicago, Milwaukee
| & St. Paul $1,000; st. Paul & Omaha $500;
Texas Pacific $4,000; Union Pacific 1900
Wabash, St. Louis & Pacific 1000; Western
Union Telegraph 10000; East Tennessee, vir
| ginia & Georgia $500; Milwaukee, Lake
| Shore & Western 2,0U0.