Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-12-16
EVENING REPORT.

| Money 4G5 Per Cent, closing at III
per cent. Prime mercantile paper 6@8 per cent.
Sterling exchange, bankers' bills firm al
$4,000; do ex. demand, $i.e54.
| Governments-Firm.
| Ronds-Railroad bonds active and strong.
| State Securities--Active; Tennessee com.
promise advanced to 40 and skies mixed to 421$
| Stocks-The stock market was strong at the
| opening and prices higher than at the close OF
| Thursday. During the morning hours and early
afternoon there were some fluctuations. After Z
O'Clock the market became very active and there
was an advance in everything on the list, the
activity increasing toward the close. which was
| buoyant. The prominent features of the activity
( in the last hour were Pacific Mail. which sold
| successfully at 44M@ i51a, Erie $4,000.
! Canada Southern 707s@71sE, Michigan Central
| 02A@1023l, Union Pacific l035s@ lo45S, Della
| ware, Lackawanna & Western 1919 Mls2, North
ern Pacific preferred S45S@66A. Aside from
these special features the market was strong and
| the highest prices of the day were made at the
close for all stocks
The Ere'sj,C Post says: Il is a fact settled be-
yond dispUte that the Chicago, st. Paul, MIME
apolis Il Omaha company has passed into the
! control Of The Chicago tS Northwestern, bat all
statements OF how this transfer of control is to
and all statements Ut what officers are to resign
and what new ones TO take their places are pre-
mature. There has been nothing done as to any
Of these details yet Even the question of how
the control is to be transferred to the CHICAGO &
Sorthwestarn, whether by lease or consolidation,
viii not be decided for some weeks. The Chi
cago, ST. Paul, Minneapolis j. Omaha COMPANY
holds meeting at which some of the prelun-
mary work toward these ends may be accom-
pilshed. The Chicago & Northwestern, rs a
company, hiss taken no action yet. The deal in
Pacific Ma1 progresses among few prominent
Individuals who are each largely interested bat
the public outside these few, is not trading IN
the stock largely. 1t IS intinated, however, that
complete change in the ownership, control ard
connections OF Pacific Mail is one of tie prota
biltles OF The lear future. The advance IN Ur-
ION Pacific yesterday and to-day IS due to the
covering OF che shorts and not to the buying of
any pool, as mas been rumored The Northern
Central railway directors have agreed to declare
Ja=. i. i''' '''''
MINING STOCKS.
Mining stocks dull with the exception CT Rob
ilson Consolidated, which declined from 1850
lie, closing lis, on sales OF nearly $4,000 shares
Sierra Nevada quiet at 4S5@490. Navajo sold at
63S@70o, Horn 575@56S, and Hall & Erson at
lsOG1SC. Sales for the day 66,Q59 shares.
The transactions aggregated $4,000 shares:
!0.o10 Canada Southern; 400 Central Pacific;
8i.O0J Delaware, Lckawanna & Western;
$4,000 Denver II Rio Grande; 5000 Erie:
7oo0 Kansas d Texas; $500 Lake Shore: 1900
Louisville IL Nashville: 10000 Michigan Central;
s,Ga0 Missouri Pacific; 600 Northwestern:
7,QcO New Jersey Central; 12,Gt0 New York
Ceat:a;: l+.'0o Northsr Pacific; i2o00 Pacific
Nail; G.rJt Heading; $4,000 Chicago, Mil
wsukee d 81. Paul: 2j,oco Chicago, St. Paul,
Minneapolis Il Omaha; 1900 Texas Pacific:
$50 Union Pacific: I2,0CJ Wabash, st. Louis
& Pacific; 1880 Western Union Telegraph:
LEO Minneapolis & II. Louis; 200 New York.
Chicago u ST.. Louis; 1855 Rochester Pitts
burga.