Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-06-30
ginanc,ai and Stock Markets.
MORNING REPORT.


NEW YORK, June ell a. m.-The stock
market opened generally strong and 1s@I per
cent. higher, the latter for Hannibal & st. Joe
preferred. In the early trade slight decline
in some shares was followed by an advance OF
1s9l per cent, Michigan Central, Denver &
Rio Grande and Wabash, st. Louis & Pacific
preferred leading. 1t is rumored Gen. Palmer
has just placed 81 Geo 600 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 6t11a, and a
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 per cent. for
six months and the institutions are said to be
anxious to make their summer loans. There
is understood to be q 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 411sQ5M per cent. Bar silver, $1.13M.
Sterling exchange steady; 81. S5A long, SASSY
sight.
Governments-Fi1m.
State Securities-Inactive.
Bonds-Railroad bonds strong.
Stocks-After II o'clock stock speculation
became irregular. Atnoon Houston & Texas
Central advanced 2 per cent, Delaware & Hud-
son per cent. and the general list fraction.
Chicago, Burlington & Quincy and Missouri,
Kansas & Texas, however, declined 4 per
cent. Skies extended, 1904; tives, 1917; four
and halls, 1141s; tours, 1904; Pacific skies
of '95, 1879.
EVENING REPORT.
Money Ago per cent, closing offered at 4
per cent. Prime mercantile paper 419@51a
per cent. Sterling exchange, bankers bills
steady at $4.S5; do. ex. demand, $4.SSA.
Governments-Irregula
Bonds--Railroad bonds strong.
State Securities-Fairly active and lower.
Stocks-Share speculation opened strong
and at a general advance from yesterdays
closing prices of 1s@aS per cent. In the
early trade prices recorded general decline OF
X@k per cent, after which the market be-
came strong and sold up A@l5s per cent,
Houston & Texas Central, however, advanc-
ing III per cent. to Is. There was then re-
action of 1s@1 per cent, but in the early
part of the afternoon prices recovered 1s@5s
per cent, while Houston & Texas Central sold
up 81 per cent. to S11a. After this the mar
ket became heavy and decline of I@X per
cent. was recorded. In the final dealings
Michigan Central recovered 70 per cent. and
Chicago, Burlington & Quincy n 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 & st. Joe
preferred, while Houston & Texas Central is
~ per cent. higher. Chicago, Burlington &
Quincy, however, is d per cent lower.
The transactions aggregated 1877 600 shares:
1000 Delaware, Lackawanna & Western;
4 600 Northern Pacific; 5000 Denver & Rio
Grande; 5000 St. Paul & Omaha 5000 Erie;
IL 900 Texas Pacific; $1,000 Missouri, Kansas
& Texas; 5000 Wabash, st. Louis & Pacific;
$4,000 Lake Shore; 5000 Western Union Tele-
graph; 1900 Louisville & Nashville; 1900
Michigan Central; 1000 Chicago % North.
western; 5000 New Jersey Central.