Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-05

Governments
Bonds-Railroed bonds firm.
State administrative.
Stocks-The most active stocks are those
which have advanced most during the past
three or four days. The general market, how
ever, outside of half dozsn speculative stocks,
sympethizes but eighty with them and was
only fraction lower than last evening. The
features of the morning were Northern Pacifcs,
coal shares, Lake Shore, Central Pacific, Chi
oago, Burlington d Quincy, Missouri Pacific and
Denver & Rio Grande, all of which were from
1@1% per cent. lower at II O'Clock than the
closing figures last night. From this extreme
decline there was recovery Of 1s@% PSF cent.
before 1890, the latter for Louisville 4 Nash
vile, so that the net decline on the most active
stocks was 5s0l$ per cent and on other stocks
L@% per cent. In the hour and half be-
tween 12:S0 and 2 p. m. the market was stronger
and nearly the greater part of the decline of the
morning recovered. In the last half-hour the
market was more active and higher, the advance
ranging from H@1A per cent. The strongest
stocks in the last hour were Canada Southern,
which advanced 1 g per cent, Louisville & Nash
vile ~ per cent. to 4S15, Illinois Central per
cent. to 12sH, Chicago, Milwaukee & St. Paul
q per cent. to 105A, Western Union Telegraph
e per cent. to 79A, Chicago Northwestern a
per cent. to 1855, Northern Pacific common II
per cent. to 1923, Denver & Rio Grande % per
cent. to 1854, Lake Shore e per cent. to 1925
and other stocks fraction. Compared with
last night prices are up A@l% per cent. except
for Central Pacific, Delaware, Lackawanna &
Western, New Jersey Central, Texas Pacific and
Wabash, st. Louis Pacific preferred, which
were H@T per cent. lower. Among the
specialties American Cable rose Ia per cent. to
63H, Chicago & Alton ~ per cent. to 1884,,
Illinois Central q per cent. to 1881, Milwau-
kee, Lake Shore & Western preferred 1 per cent.
to a and Norfolk & Western preferred 1 per
cent. to Sc. East Tennessee, Virginia & Georgia
preferred declined per cent. to 16. The decline
of the forenoon was on baseless rumors of
financial disturbances at Paris and reports of
damage to the corn crop. In the matter of the
corn crop trustworthy advices have been re-
ceived of an extremely favorable character. 1t
was stated the crop east of the Missouri river
had been made and with good weather the corn
west of that point would be safe within a week
or SO. The earnings of some of the leading
northwestern railways for August were made
public toby. They showed large gain and
this materially assisted the upward movement,
which set in shortly afterward.
The Evening Post says: The stock market
exhibits continued evidence Of substantial buy
ing, not only by experienced operators in the
street, but also by persons out of the city. The
evidences of this latter can be found in the in
crease in buying orders received by commission
houses, which though not large, yet is sufficient
to show q tpndnncv in that direction. There ia
still large short interest outstanding In many
stocks and the bears have not yet become
alarmed, although very small portion of the
short interest was probably covered to-day.
There Is prospect that attempts to break the
price for the purpose of GOV ering the rest may
cause great activity before the end OF the week.
The transactions aggregated 100000 shares:
Central Pacific 5000: Delaware, Lackawanna
d Western $4,000; Denver & Rio Grande 1000;
Erie 1l,000; Lake Shore $4,000; Louisville &
Nashville II 600; Missouri Pacific 5000; Chicago
& Northwestern 5000; New York Cen raj 5000;
Northern Pacific LOGO; do. preferred $4,000;
Philadelphia & Reading 1l,0OO; Chicago. Mil
waukee q st. Paul 1890; Texas Pacific 5000;
Union Pacific $4,000; Western Union Telegraph
6,OO0; Oregon Transcontinental $4,000.
MINING STOCKS.
Mining stocks de- with the exception of
Elko, which advanc II; from 11@16, closing II
cents; Horn Silver ID at 725, Northern Belle
613, Standard Consolidated 563, Eureka CONSOLE
dated $50, Iron Silver 300, Sierra Grande SOC
1O5, Robinson Consolidated AZ. Sales FOR the
day 53,775 shares. Pipe Line certificates very
dull at 1895 @1O7, closing on call at 1918.
Afternoon Board Quotations.
Stocks and bonds closed at the following