Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-27


cent. Tie stock market was active and higisr
| at p. m; Western Union Telegraph SO1s; Chi
cage Northwestern 1929. Stocks closed
| strong; Chicago, Milwaukee & st. Paul lOp1s,
preferred llS: Chicago & Northwestern 1897 /,
preferred l4t1s; Denver & Rio Grande 4osz
Northern Pacific IS, Texas Pacific 36i5, Western
Union Telegraph S01S, Lake Shore liz, Wabash,
st. Louis 4 Pacific 29A.
EVENING REPORT.
Money sGS per cent, closing offered at per
cent. Prime mercantile paper 6@8 per cent.
Sterling exchange, bankers bills steady at
$4.79I; do. e1. demand, S4.S3L.
GOvernments-Firm.
Bonds-Railroad bonds Irregular
State SecurltiesADull.
Stocks-In the absence of any encouraging
news from the West in regard to the railroad
war, the stock market was depressed again this
morning and large Gales of leading shares were
made at rapidly declining prices, and at 80
the entire list had fallen z@2 per cent, the lat
ter for Chicago & Northwestern preferred. Il
linois Central dropped 3% per cent, Chicago,
Burlington & Quincy 271a per cent, Union Pacific
SO per cent, Chicago, Milwaukee g. St. Paul 2
per cent, preferred ~ per cent. and St. Paul,
Minneapolis & Manitoba ~ per cent. Toward
noon there was some recovery, but subsequently
the improvement was partially lost. After
O'Clock the market was active and strong and
for many stocks the highest prices of the day
paid. Chicago, Milwaukee & st. Paul advanced
to 935s, Western Union Telegraph to sos, Union
Pacific to 1O2, Missouri Pacific to 975s, Louis
vile & Nashville to 1921, Chicago Northwest
ern to 1921, Michigan Central to 95k, New
York Central to 1871, Lake Shore to 111A.
Philadelphia s. Reading to 49,, Delaware, Lack
awanna & Western to 1855, Chicago, Rock Is
land & Pacific to l2411s, and Wabash, St. Louis
& Pacific to 2s5s and 5l5s. The market, toward
the close, was buoyant and further sharp 5sd-
vance in prices was recorded on reports to the
effect that settlement OF the railroad war was
near at hand, coupled with the order from Sec
rotary Folger, the stated demand for stocks gen
orally and their large purchases FOR both long
and short account. The greatest activity was IN
Chicago, Milwaukee u st. Paul, the Southwest
ern, the coal shares, Northern Pacific, Western
Union Telegraph and Denver & Flo Grande.
The EUeni'ag Post says: Very urgent kilograms
were sent West to-day, among others one from
Jay Gould TO Alexander Mitchell, asking that a
conference be held to settle the railroad war.
Shortly before l o'clock it was reported that
these efforts had been successful and a confer
ence would be held. We have been unable to
verify the report, but it generally credited
and it had the effect to arrest the downward
movement IN stocks and cause an advance of la
points.
MINING STOCKS.
Mining stocks fairly active; Chrysolite de-
clined from 1150l0 and Horn Silver from $50
@525. Leadville Consolidated active, advancing
from 51@6Q. Standard sold at $40 and Rodie at
265. Sales for the day 83,225 shares; total for
the week 423,S23 shares. Total bullion receipts
III New York for the week from mines, 1888, 72O.
The transactions aggregated 670,090 shares;
5000 Canada Southern; 1000 Central Pacific;
1,010 Delaware, Lackawanna & Western;
q, 900 Denver 4 Rio Grande; II 600 Erie; 10000
Kansas q Texas; Il, COO Lake Shore; Ii 0UG Louis
vile x Nashville; 5000 Michigan Central; 49,
coo Missouri Pacific: 5000 Memphis q Charles
ton; $4,000 Chicago & Northwestern; 5000 New
Jersey Central: II ,000 New York Central; $4,000
Northern Pacific; LOO Peoria, Decatur & Evans
vile; $4,000 Reading; los, 0G0 Chicago, Milwau-
lzee u st. Paul; $4,000 Chicago, st. Paul, Mn
neapolis & Omaha; $4,000 Texas Pacific; 1884, 600
Union Pacific; $4,000 Wabash, st. Louis g. Pa
cife; $4,000 Western Union Telegraph; 4,5OO
Illinois Central; 5000 Chicago, Burlington &
Quincy; 1000 Oregon Transcontinental; 5000
Chicago, Rock Island & Pacific; 1900 Rochester
q Pittsburgh; 5000 St. Paul, Minneapolis g.
Manitoba; 2.Gco New York, Chicago & st. Louis.