Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-30
gtrsncial E,sa Stock Markets.
MORNING REPORT.

NEW YORK, June ell a. m.-The stock
market OF aned generally strong and 7s@34 per
cent. higher, the latter for Hannibal s. st. oe
preferred. In tine early trade slight decline
in some shares was followed by an advance Of
1s@l per cent. Michigan Central, Denver &
Rio Grande and Wabash, st. Louis & Pacific
preferred leading. 1t is rumored Gen. Palmer
has just placed 81, 1000 of MEXICAN Nation
al bonds in Europe at a higher price than
that prevailing here. The bonds were in sharp
demand yesterday and advanced to et11as, and q
further advance is predicted. Shrewd People
believe the moneyed institutions fathered
Tuesdays money squeeze in order to facilitate
the working of time loans, which had been
delayed by the prevailing low rates OF interest.
Plenty Of money is offered at 5 per cent. for
six months and the Institutions are said to be
anxious to make their summer loans. There
is understood to be large interest in Chicago,
Milwaukee & ST. Paul. Bull points are cur
rent on Hannibal & st. Joe preferred.
AFTERNOON REPORT.
Money 4 per cent. Prime mercantile pa
per 41S95L per cent. Bar silver, S1.13M.
Sterling exchange steady; 1854 long, s4.oSA
sight.
Governments-Firm.
State Securities
Bonds-Railroad bonds strong.
Stocks-After II O'Clock stock speculation
became irregular. At noon Houston q Texas
Central advanced 2 per cent, Delaware q Hud-
son per cent. and the general list fraction.
Chicago, Burlington & Quincy and Missouri,
Kansas & Texas, however, declined Il per
cent. Skies extended, 1904; fives, 1917; four
and halls, 11411s; tours, 1904; Pacific SKIES
OF '95, 1919.
EVENING REPORT.
Money 4@6 per cent, closing offered at 4
per cent. Prime mercantile paper 41a@51
per cent. Sterling exchange, bankers bills
steady at $4.S5; do. ex. demand, SISSY
Observation-Disclosures
Bonds-Railroad bonds strong.
State securities-Fairly active and lower.
Stocks-Share speculation opened strong
and at a general advance from yesterday IS
closing prices of 1S95s per cent. In the
early trade prices recorded general decline OF
A@1S per cent, after which the market be-
came strong and sold up A@1as per cent,
Houston s. Texas Central, however, advanc-
ing III per cent. to rs. There was then re-
action of sou per cent, but in the early
part of the afternoon prices recovered H@5s
per cent, while Houston s. Texas Central sold
up 81 per cent. to S11a. After this the mar
ket became heavy and decline OF 4@15 per
cent. was recorded. In the final dealings
Michigan Central recovered % per cent. and
Chicago, Burlington & Quincy a per cent,
but the market in the main closed dull and
weak. As compared with yesterdays closing
figures prices showed an advance of sol
per cent, the latter for Hannibal q st. joe
preferred, while Houston & Texas Central is
~ per cent. higher. Chicago, Burlington &
Quincy, however, is q per cent. lower.
The transactions aggregated 1877 900 shares:
II 900 Delaware, Lackawanna d Western;
1900 Northern Pacific; $1,000 Denver q Rio
Grande; 5000 st. Paul & Omaha; 1900 Erie;
Ii, 900 Texas Pacific; $1,000 Missouri, Kansas
g. Texas; 1900 Wabash, st. Louis 81 Pacific;
$4,000 Lake Shore; 5000 Western Union Tele-
graph: 1900 Louisville & Nashville; 1900
Michigan Central; 11.000 Chicago g. North
western: 5000 New Jersey Central.