Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-06

4Onered. SEX. lnu.
EVENING REPORT.
Money! 966 per cent, closing at 6 per
cent. Prime mercantile paper 6gs per cent
Sterling exchange, bankers bills steady at
$4.8O16; do. ex. demand, $4.8475.
Dry goods imports for the week, S2,346, 600.
Governments Weak and generally 7s9A per
cent. lower.
Bonds-Railroad bonds active and generally
higher.
State Securities per cent. higher for Louis
lana consols; otherwise neglected.
Stocks-In the stock market the day has
shown decided improvement over any day this
week, not only in prices but in the general tone
of the market. Whatever may be the experience
tomorrow or next week, it is quite certain, says
the Post, that a great many persons, including
several well known bankers, who have heretofore
refrained from expressing any opinion at all,
now express more confidence in the upward
movement of prices. There is reason to believe
some expedients are being resorted to by some
parties to produce the desired effect, and IN
many respects the situation, as Ear as ease In
money, both here and in Europe, and also the
condition of railroad earnings are concerned, Is
favorable. In the last hour of business the
market fell off H@1A per cent. from the high
est prices of the day, but the closing prices were
generally higher than at the close yesterday.
The volume of business, too, has been from ~
to Is per cent. larger than yesterday. The most
active stocks in the last hour we're Denver u Rio
Grande, Delaware, Lackawanna & Western, Erie,
Chicago, Milwaukee & st. Paul, Northern Pa
cifc and Texas Pacific. Mr.. Gould denies that
he has any intention of making the Mobile Il
Ohio any part of the Wabash, ST. Louis & Pa
cific system. In connection with the decline of
8 per cent. in Metropolitan Elevated railroad
bonds this morning, there is authority for the
statement that there was a movement yesterday
in the directory of the Manhattan Elevated COM
pany to restore the Metropolitan Elevated line
to the stockholders of that company and demand
a settlement of accounts. 1t is claimed oy the
Manhattan Elevated directors that the Metropol-
itan earnings have been oVerestimsted and that
it would be benefit to Manhattan Elevated to
restore the property to its ewn stockholders. 1t
was rumored yesterday that the Lake Shore d.
rectors were considering proposition to issue
$1,000, 600 Of bonds to pay for the Nickel Plate
road. This was at first denied, but repeated
again to day The Philadelphia & Reading story
of placing s., O0O, 900 in per cent bonds at par
gains some credence among Mr.. Governs friends,
good deal of interest being felt In the develop
ments Of the annual meeting Monday.
MINING STOCKS.
Mining stocks dull; Sierra Grande very IT.
regular, declining from S25@255, advancing to
800, again declining to 260, with closing sale
at 300. Robinson Consolidated sold at 100,
Chrysolite 15o@14O, Annie 2O@19, and sutro
Tunnel 2Og22. Sales for the day So, 275 shares.
Pipe Line certificates declined from 86A@S5,
advanced to 8776 and closed st 861S.
The transactions aggregated 365, 1000 shares
4, 200 Canada Southern; 5000 Central Pacific;
Sc, 900 Lackswanna; 900 Denver Bio Grande;
$4,000 Erie; 5000 Missouri, Kansas 1 Texas;
1000 Lake Shore; 1900 Louisville & Nashville;
800 Michigan Central; 1000 Missouri Pacific;
5000 Chicago Northwestern; $4,000 Northern
Pacific; 1000 Philadelphia Reading Ling 26ooo
st. Paul, Minneapolis Omaha; 1900 Texas
Pacific; 1900 Union Pacific; l2,Oeo Wabash,
St. Louis l. Pacific; 5000 Western Union Tele-
graph; 1900 Oregon Transcontinental; 1000
Poob ac+ar & pitfehurOh