Daily globe., 1883-08-17

III. d q. lst pfd.. 10 West. Union 7. 80. 72X
do I'd pref'dT.. Quicksilver -. 615
Memphis d Co.. 81 dc preferred. :. 80
MINIS & st. L.. 204 c., st. L. & Pitts. II
do preferred. 46 do preferred. 4l15
*Asked. IBID. tOfered. lex. int. SEX.
div.
EVENING REPORT.
Money easier at 21S@a per cent,
closing at 21S per cent. Prime mer-
camille paper 511@611 per cent. Sterling e1-
change, bankers bills heavy at $4.S2L; do. ex.
demand, $4.86.
Governments-Firm.
Bonds-Railroad bonds strong; Atlantic &
Pacific incomes advanced to 26; Chicago, Bur-
hngton Quincy debenture fives to 81; Erie
second consols to "a; Fort Worth & Denver
City frsts to 70; Missouri, Kansas & Texas Sec
onds to 81, do general mortgages to 80; New
York, West Shore & Buffalo frsts to 74L; Rich
mond Danville debentures to 65; st. Louis &
Iron Mountain fves to 72; Texas Pacific incomes
to 53, do Rio Grande division firsts to 763l, and
Union Pacifcs sinking find to 1l75S.
State eSecurities-Dull.
Stocks-Brokers are in excellent spirits over
the strength shown by leading stocks, which
have been violently assailed during the last few
days. The early advance of New York, Lake
Erie & Western to 315SS, of Western Union Tele-
graph to TAX, of Northern Pacific to 44119 and
of Oregon Transcontinental to 6611z, are regard
ed an indication either that the public are be-
ginning to buy freely or that heavy holders of
stocks are determined to sustain the market A
report was circulated to the effect that Jay
Gould, Henry N. Smith and Vanderbilts' Sons
had formed an alliance for the purpose of send
| iru oEc rba ctO ybo1a
day presented more natural and healthful
appearance. The advance at the opening was
caused largely by the covering of shorts. After
this abated and the usual reaction from such i'm
mediate demands had been experienced the mar
ket became comparatively dull and from this
was revived by buying orders not only local, but
from various parts of the country and from Eu-
rope, the latter chiefly from Amsterdam and
Frankfort. When Western Union Telegraph
was selling at the lowest point brokers credited
with Gould orders bought shares literally and
the price recovered rapidly to "a. The advance
in this stock was the signal for general buying
movement in other active shares and the whole
list sold up to the highest point of the day. In
the final transactions the demand for stocks for
borrowing purposes continued active and to-day
as high as 1-16@g g per cent. was paid for New
Jersey Central and 1-169I per cent. for New
York Central. The commission houses report
good demand for dividend-paying stocks for in
vestment account. The net result of the days
business was an advance of 4@2H per cent,
the latter for Northern Pacific, with other ad-
vances as follows: Canada Southern 1I per
cent, Central Pacific per cent, Illinois Central
III per cent, Missouri, Kansas & Texas TX per
cent, Louisville & Nashville IL per cent,
Michigan Central IS per cent, New Jersey Cen
tral ~ per cent, Chicago & Northwestern Is
per cent, Northern Pacific common 214 per
cent, preferred ! Is per cent, Ontario & West
ern Is per cent, Pacific Mail II per cent. g,
Chicago, st. Paul, Minneapolis & Omaha ~
per cent, preferred u per cent, Texas Pacific
IA per cent, Wabash, st Louis & Pacific 135
per cent.
The transactions aggregated 900 shares:
Canada Southern 5000; Central Pacific 5000;
Delaware, Lackawanna & Western $1,000;
Denver q Rio Grande $4,000; Erie I8,000;
|. Kansas & Texas 5000; Lake Shore 1000;
Louisville & Nashville 10000; Missouri Pacific
II 600; Chicago & Northwestern 5000; New
York Central $4,000; Northern Pacific 10000;
do preferred $4,000, Chicago, Milwaukee & ST.
Paul q, 900; Texas Pacific $4,000; Union Pacific
$4,000: Wabash, st. Louis & Pacific 5000;
Western Union Telegraph $1,000; Wabash, St.
Louis Pacific preferred 5000; Oregon Trans
continental $4,000; Canada Pacific 1000.
MINING STOCKS.
Mining stocks very dull; Northern Belle sold
at 625@638, Standard 588@6O0, Alice 220@225,
Sierra Grande los, Robinson 62@64, Sonora
Consolidated 25. Sales for the day 21 ,625 shares
Pipe Line certificates dull at 109%0lO836, clos
ing on call at 1091s.