Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-08-12


EVENING REPORT.
Money loaned up from to Z per cent. and
down to "a per cent, at which figure IT
closed. rrime mercantile paper 5QS per
cent. Sterling exchange, bankers bills steady
at $3.50; do. ex. demand, s4.S9.
Goyernments-Stronga and e per cent. high
er for foar and a halls and fyes, and I'M
changed for fours and extended skies.
Bonds-Railroad bonds moderately active at
irregular prices.
State Securities Inactive.
stocks-Speculation on the Stock Exchange
was tame during the morning and quite IT.
regular. There were frequent changes be.
tween firmness and depression, bat taken to
geiher it was lower. Wabash ST. Louis &
Pacific preferred ard New Jersey Central fell
1@11s per cent, but the decliLe in the remain
der of the active list was very light aud com
passed within 1sCgX per cent. Business was
on a reduced scale and the market, on the
whole, presented very little Of interest. The
market became steady and later strong for
high priced Granger shares, which advanced
1@tX per cent. Chicago S Northwestern
rose to 145sI, preferred TO 1866, Chicago, Rock
Island g. Pacific to l401l, and Chicago, Bur
lington u Quincy TO 1885. Among the coal
roads Delaware, Lackawanna.lS Western ad-
yauced To l443s, Delaware e. Hudson 10 ilSH,
and New Jersey Central 10 79X. Northern
Pacific shares were prominent. common rising
to SO and preferred 10 $50. Louisville ~
Nashville rose 10 741S. The improvement in
other shares was merely fractional. There
was then somewhat of q reaction. la the last
half hour stocks were weak aud lower on
higher rates for money and a revival Of the
exaggerated rumors about the prevalence Of
yelloS fever at the South and damage To crops
in the West by the recent storms. Lake Shore
and some other stocks sold quite heely and
went off MIlA per cent, which affected the
balaLce of the list. In the final sales, how
ever, steadier feeling prevailed Louisville
q Nashville recovered lis decline and there
was partial rally in some other shares. The
general market closed weak. The strongest
Stocks were Chicago e. Northwestern, Chi
cago, Milwaukee & ST. Paul, Chicago, Rock
Island 81 Pacific, Northern Pacific, Delaware,
Lackawanna az Western and Louisville "
Nashville Richmond Il Danville stock was
this afternoon quoted ex. div. Of per cent.
Or. Norvn Green, converslng with the re
porter upon the dispatch announcing his re-
tirement FROM the presidency of the Western
Union Telegraph company in order that he
NAV assume a similar position IL the Louis
vile 81 Nashville Railroad company al a salary
OF $50, GU0 Der year, SAID: 81 heard something
about this ;umor in Wall street some weeks
ago, but did not think it worth c0atr4diciing,
for no one who knows anything about the
matter would believe | was gong TO make
such q charge, and perhaps increase the value
of a stock Of which / held very little, and de-
crease the value of stock Of which | hold,
comparatively, great deal. This is simply d
Wall street tale which has fouLd It's way into
the newspapers. The only causes for it that
/ can think OF are the facts that | bought a
big house in Louisville when / was there this
spring, and thas my son, who lives there, was
elected director OF this road. This guesssr,
whoever he is, viii have to try again
The transactions aggregated 275,000 shares;
5000 Central Pacific; 5000 Delaware, Lack
awanna Il Western; 1900 Denver q Rio
Grande; 5000 Erie; 1000 Missouri, Kansas
& Texas; 1890 Lake Shore; 10000 Louisville
& Nashville; 5000 Missouri Pacific; 5000
Chicago & Northwestern: 5000 New Jersey
Central; &c, 0CO Northern Pacific; l2,o00 Chi
cago, Milwaukee IL ST. Paul; 10000 st. Paul q
Omaha; 5,GG0 Texas Pacific; 1900 Union
Pacific; 5000 Wabash, 81. Louis IL Pacific;
5000 Western Union Telegl- b; 5000 Chi
cage, Burlington q Quincy; 10000 Oregon &
Transcontinental; 10000 Rochester u Puts
burgh.