Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-03-15
Financial and Stock Markets.
MORNING REPORT,

New YORK, March IA, II a. m.-The stock
market opened B@4a per cert. higher than
yesterdays closing, Richmond & Danville.
Hannibal & st. Joe preferred. Philadelphia &
Reading, Missouri Pacific, and Illinois Central
most prominent in the advance. In the early
| dealings further advance of so Il per cent.
was succeeded by decline of 1l@2 per cent. in
Richmond & Danville and New Jersey Central,
and at IL o'clock the LITTER recovered Is per
cent. Gould's exhibition of securities yester-
day appears to have controlled the market, as
prices this morning are strong and higher 1t
was stated yesterday that common Missouri
Pacific had bean called, and the bears have to
| cover at loss, Gould's brokers say Missouri
Pacific would be loaned fiat, but that parties
were notified that If deliveries were not made
the stock would be bought In. 1t appears
later that Gould had given unlimited orders to
buy Missouri Pacific and Western Union at
closing prices at Saturday night. Vanderbilt
was said to have given orders to buyall Lake
Shore offered at Saturday nights closing. A
meeting of the bear operators was held last
evening, at which itis said the prevailing SEN
timent was against further depression. One
long stock. A Broadway commission house
which has been very bearish said last evening
that it was time for the bears to keep very
near the share TIE tone of the market shows
great demand for Delaware, Lackawanna &
Western, Western Union Telegraph, New Jsr
sey Central and Missouri Pacific. Stories of a
tumble in the coal combination are unfounded
The quantity of coal in first hands at tide
| water is about 450, 900 tons. The mild winter
has diminished the consumption for domestic
| sizes, but for manufacturing, iron making and
for some other purposes the consumption has
been increased. 1t is estimated by the COM
panles and by the leading men in the trade that
| the output for 1882 will be about 2S,000,000
tons, the same as last year. The mild winter
is though to have just about ueutralized the
natural increase of consumption for the year.
The president of one of the large coal COM
panies says all the cutting has been done by
dealers, no company having sold below sched-
ule rates. The Vanderbilt party bought Lake
Shore, Chicago 4 Northwestern and New York
Central yesterday. The latest rumor in re-
gard to Tennessee bonds is that the new prop
osition will be four per cent. bond at 100 in
place of six per cent. bond at 1875. Warke,
Strong e. Co. were large buyers of Western
Union yesterday. Sturgis bid rs Tor any part
of 5000 shares. In the afternoon Gould's
brokers say the order to buy at 771S is unlim
ited.> There is much opposition being mani.
Tested to the Memphis & Charleston consolida-
ton scheme. Many stockholders, it is claimed,
will refuse to sign the agreement with the
East Tennessee company. London bought
Erie, Reading and Central Pacific yesterday.
Amsterdam bought Cleveland, Columbus,
Cincinnati & Indianapolis and large amounts
of Missouri, Kansas & Texas seconds.
The Frankfort demand for bonds was better
than for several months, chiefly for D. & Mo.
These is an improved foreign demand for At
lantic & Pacific firsts since they have been
guaranteed by Southern Pacific g. California.
Thes b, eak in the line of the Chicago,St. Louis
& New Orleans railroad caused by the over
| flows have been repaired and through trains
are now running again to Cincinnati.
AFTERNOON REPORT.
| Money 6 per cent. Prime mercantile paper
| 5@6 per cent. Bar silver at $l.111l. Sterling
exchange steady at SASSY long, s4.s9X sight
| Governments-1s per cent. higher for ex.
tended fves and ID per cent. lower for tours
registered; rest unchanged.
State Securities Tennessee mixed q per
cent. lower.
Bonds-Railroad bonds fairly active and
higher.
Stocks-After IL clock the market was
fairly active, and after fractional advance
prices fell off Is to 2 per cent, Denver & Rio
Grande, New Jersey Central and Delaware,
Iackawanna & Western most prominent,
while Richmond & Danville sold up l.per cent.
Skies extended, 100e4; fiyes, 1925; four and a
halls, 1883; fours, lis; Pacific skies of '95,
125.
Morning Board Quotations.
Rock Island. :. $50 NJ. & &. LIST pfd.. 10