Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-09-05

Money 1910 per cent, closing at per cent
Prime mercantile paper per cent. Sterling OK
change, bankers bills steady at S4.S5L: do. ex
demand, $4.S914.
Overnments-Irregular
Bonds-Railroad bonds steady.
State Securities-Dull.
Stocks-Stock speculation opened firm anc
prices were a fraction above the closing Satur
Gay. In the early trade the general list sold VI
15@18 per cent, Oregon Transcontinental lead
ing, but subsequently the market became heavy
and fell off 1s@2 per cent, the latter for Han
nlbal q st. Joe preferred, while common sold al
II as against o5G9O, its last quotations. In the
early part OF the afternoon there was a general
advance OF 15W1S per cent, Oregon & Trans
continental and Hannibal & ST. Joe preferred be
ing most conspicuous, after which the marke
fell off 501 per cent, Memphis & Charleston
leading in the decline. The high rate of money
in the final dealings, caused fractional decline
The market closed dull and weak, with prices il
the main I@1I per cent below Saturday.
closing, the latter for Chicago Burlington Z
Quincy.
The Graphic says: The 80, 900 shares of Han.
nibal q st. Joe common stock bought by the
Gould syndicate were purchased at 40 The
previous offer of 10, which was refused by the
brokers who were carrying Mr.. Duff, and this
resulted in negotiations between Connor and
Bloodgood. OF the 10000 shares of stock the
larger part was held by Bloodgood 4 Co.. 10. DOC
by Work, Strong & Co., 5000 by W. T. Hatch &
Son, and the balance in lots of from 1000 70
5000 shares by brokers here and in Boston who.
experimenting possible strngency in money,
declined to carry the deal further. 1t is under.
stood that no guarantee has been made in regard
to preferred stock. OF course the Gould interest
Is entirely In the common. 1t is believed for the
SO, 7S0 600 involved in the purcha e the interest
will be turned over to the Wabash, ST. Louis &
Pacific company in return for bonds to that
amount bearing B per cent. interest At this fig
ure the purchase Is good one for the Wabash.
st. Louis & Pacific company, as the road is re-
ceiYing in rentals for the use of its tracks from
the Chicago, Rock Island & Pacific company and
the Chicago, Burlington & Quincy, an amount
exceeding the interest on the purchase money.
The Evening Post says: In Hannibal & St.
Joe stocks common sold at At. There were no
recent sales of it, but large blocks of it were
hypothecated with money lenders at 40GG q.
which are given as the prices at which 10000
shares owned by John r. Duff were sold This
last transaction, which was consuInmated Satur-
day, may be said to be the sequel to the corner
on this stock last year, when the price was run
above 200. 1t adds one more to the list of IL
Illustrations which prove that corners, In the ma
jority OF cases, pro7e to be most disastrous to
their projectors. Hannibal & st. Joe preferred
stock to-day sold at 97@G95.
The transactions aggregated $4,000 shares:
Central Pacific 1000; Delaware, Lackawanna q
Western 5000; Denver & Rio Grande 10000:
Erie $500; Hannibal q St. Joe 5000: Missouri.
Kansas & Texas 81 900: Lake Shore &c. 0OO Louis
vile & Nashville 1900; Missouri Pacific 5000:
New Jersey Central 1900: New York Central
1000; Northern Pacific 15,0O0;~ Philadelphia q
Reading 10000; Chicago, Milwaukee & st. Paul
5000; St Paul & Omaha 1900; Texas Pacific
5000; Union Pacific 5000; Wabash, st. Louis
& Pacific 1900; Western Union Telegraph 900:
Oregon TranscontiIental II, 600; Rochester &
Pittsburgh 10000; Sutro Tunnel 1000: New
York, Chicago & st. Louis 1900.