Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-28
ia and fours coupon at 1915, the highest prices

ia and fours coupon at l2l1 the highest prices
for a long time past.
Bonds-Railroad bonds strong, the features
being an advance in Denver & Rio Grande con-
soils and Denver & Rio Grande Western frsts.
State Securities Tennessee compromise sold
at 4S.
Stocks-The stock market during the fore
noon was on the whole stronger than yesterday
forenoon, notwithstanding considerable efforts
to make decline, which were partly successful,
| in the first three-quarters of an hour. The net
result, however, of business up to 1870, was to
| leave dozen of the most active stocks H@T
per cent. above the closing prices Wednesday
night. The greatest activity was in Northern
Pacifcs, but these did not monopolize so large a
part of the dealings as heretofore. From 1880
until the market YVES somewhat feverish and
unsettled but on the whole stronger and the net
result was pretty general advance in the most
active stocks of 15@X per cert, the latter for
Chicago Northwestern to 126, with A@35 per
| cent. on other stocks In the last hour the
market was higher. In the first fifteen minutes
it was dull and prices declined 1591S per cent,
but in the last three quarters Of an hour was
strong and there was an advance over O'Clock
prices Of H@% per cent, the latter for North
Oregon Transcontinental to 561z, % per cent.
on Michigan Central to SSM, 3S per cent. on
Lake Shore to 1O3K, q per cent on Louisville
L Nashville to 505S, % per cent. on Denver i
Rio erande to 231z, % per cent. on Delaware,
Lackawanna & Western to i2l%; also on Cen
trail Pacific to 68H, on Philadelphia & Reading
to 52$55, and 4@S per cont. in other stocks,
the latter for Western Union Telegraph. These
changes left the market A@2 per cent. higher
than Wednesday night, the upward movement in
prices being mainly attributed to an announce
ment that the railroad managers west Of the
Missouri river had formed a pool, which in
cludes the Northern Pacific, and by reports that
powerful combinations have been formed by
certain operators to protect Northern Pacific,
Western Union Telegraph and other leading
stocks and to force the shorts to cover. Rich
fiond & Danvilie was weak in the last hour and
declined u per cent. to 57116, making 215 per
cent. for the day. The Richmond & Danville
directors will declare dividend to debenturs
bondholders Oct. l. The net earnings for the
year to Sept. 30 were approximately 81 1893 1854;
fixed charges 81, 219, 168, leaving $78 S66. Presi-
dent Newell, of the Lake Shore, says the road
has fully and honestly earned its quarterly divi
dend of 2 per cent. and can see no reason why
it will not continue to do SO.
The transactions aggregated $1,000 shares:
Central Pacific 5000; Delaware, Lackawana &
Western $4,000; Denver & Rio Grande " 600;
New York, Lake Erie Western $4,000; Lake
Shore 24,0U0; Louisville d Nashville IL 600;
Chicago & Northwestern 5000; New Jersey
Central 5000; New York Central $4,000;
Northern Pacific 19, 900; Philadelphia Reading
1900; Chicago, Milwaukee g. St. Paul $4,000;
Union Pacific $4,000; Western Union Telegraph
1900; Oregon Transcontinental 5000; Can
adian Pacific 5000.