Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-10-19
EVENING REPORT.

div.
EVENING REPORT.
| Money in better demand at 519Gt per cent,
closing at 3@4 per cent. Prime mercantile
paper 617 per cent. Sterling exchange, bank
ers' bills dull and weak at $4.8l; do. ex. de-
mand, S484.
! Governments-Seady.
| Bonds-Railroad bonds. After 100 Chesa-
peake & Ohio currency skies advanced to At,
Denver & Rio Graude consols to 65, New York,
! West Shore & Buffalo firsts TO "A, Northern Pa
cifc frsts to 1929, Texas Pacific land grant IL
comes to 52]l, do Rio Grande division firsts 10
! 72l0H25 and East Tennessee, Virginia & Geor-
gia fives to 721l.
State Securities Quiet.
Stocks-The sensation of the day in stock
circles was the squeeze in New Jersey Central;
this stock opened ct SO regular, rose to S81( and
reacted to 649sl@S5Ss; cash transactions were at
67@90@85@S6. As high as 5 per cent. was
paid for the use of the stock until tomorrow,
with most of the transactions at 2@3 per cent.
Before the close of the delivery hour there was
reaction to per cent. The bears have prac-
tically cornered themselves. Within the past
week the stock has commanded almost any rate
lenders desired to ask. Yesterday tie larger
compelled to go in the open market with the
result already noted. The general market opened
lower, but the strength OF New Jersey Central
had favorable influence on the list and an ad-
vance of L@2 per cent. took place, the latter
for Oregon Transcontinental, which sold up to
37%. The bears then offered stocks freely and
the improvement was not only lost, but many
shares were sold below Yesterdays closing.
Near midday the temper of speculation turned
for the better, large amounts of stock being
taken for both long and short accounts. Lon
don was also buyer. This resulted in an ad-
vance of 1@5 per cent, the latter for Oregon
Navigation, which sold up to i07. Northern Pa
cific rose 23s per cont. to 26%, preferred ~
per cent. to 62A, Oregon Improvement 4 per
cent to 10, Lake Shore 8 per cent to 95sz,
Chicago, Milwaukee & st. Paul ~ per cent. to
96, Chicago, Burlington Quincy 215 pes cent.
to l22%, Louisville & Nashville "a per cent. to
Az, Chicago & Northwestern ~ per cent. to
1l8, Missouri Pacific Us per cent. to 9Asl,
Chicago, St. Paul, Minneapolis & Omaha "a
per cent. to 32A, preferred rs per cent. to
9418, Central Pacific per cent. to 6315, Phila-
delphia & Reading per cent. to 81, Delaware,
Lacka1anna & Western 2 per cent. to 1l41S,
Western Union Telegraph ~ per cent. to 77555
Missouri, Kansas & Texas ia per cent. to 22155,
Texas Pacific l e per cent. to q Is, New York
Central TX per cent to ia, Union Pacific ~
Fer cent. to 6715, Wabash, st. Louis d Pacific
preferred IL per cent. to 13i. Denver G. RIO
Grande q per cent. TO 1855, Canada Pacific ~
per cent. to 80, Michigan Central 1335 per cent.
to n, Wabash, st. Louis & Pacific rs per cent.
to 70, st. Paul, Minneapolis d Manitoba Il Ger
cent. to 1861, Canada southern l 4 per cent.
to 49, and New York, Lake Erie & Western per
cent to 1874. Thele was reaction at intervals
OF 1@@1$s per cent, but the market finally
left off strong at or near the highest figures of
the day. The success OF the movement in New
jersey Central, it is reported, has induced some
of the largest holders of otaer stocks to CON-
bine for a similar purpose, and the beliof OBJ
tains ground that some stocks will shortly be
singled out and moved up sharply to force the
bears to cover. Some bears have employed the
Vanderbilt and Gould brokers to sell stocks,
with view of creating the impression that those
operators were unloading. This fact was brought
to light this afternoon and had It's influence in
stimulating the rally near the close 1t is re-
ported an additional 100000 of gold had been
shipped from the other side. AS compared with
last nights close prices are 1@4 per cent. high
tAA0 1cOIOA AoA OAS6OAA dAit
Minneapolis & Manitoba, however, is u per
cent. lower at 1859. Northern Pacific preferred
lent at & per cent, and Philadelphia & Reading
New York Central, Northern Pacific common
and Union Pacific at 1-64 per cent. for use.
The transactions aggregated $4,000 shares:
Central Pacific 5000; Delaware, Larkawanna
& Western $4,000; Denver Rio Grande 5000;
New York, Lake Erie & Western II, 600; Mis-
souri,, Kansas & Texas 5000; Lake Shore
10000; Louisville & Nashville $4,000; Michigan
Central 1000; Missouri Pacific Il, 600; Chicago
& Northwestern 1900; New Jersey Central
1900; New York Central z7,000; Northern Pa
cifc 1000; do preferred II COO; Philadelphia &
Reading l2,0U0; Chicago, milwaukee d st. Paul
$1,000; Texas Pacific 1000; Union Pacific
1900; Western Union Telegraph 5000; Oregon
Transcontinental 6S,G00; st. Paul, Minneapolis
& Manitoba 5000; Canada Pacific e,UG0; New
Jersey Central $500.
MINING STOCKS.
Mining stocks dull; Horn Silver sold at e63@
700, Hale q Norcross 115@l10, Chrysolite 1I0@
lis, Sierra Grande los, Bodie 20 and Little Chief
60959. Sales for the day 2S,790 shares Pipe
Line certificates dull at 1035S91ll, closing on
call at 1I0N.
Afternoon Board Quotations.
Stocks and bonds closed at the following
prices bid:
GOVERNMENTS.