Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-10-07

Mich. Central. 81 Pullman Pal. Car 1861
Mina's St. L.. 22% c.. st. L. & Pitts. "A
do preferred. :. At do preferred. 40
asked. IBID. tOffered. GE1. int. SEX.
div.
EVENING REPORT.
Money market easy at 2@2S per cent
Prime mercantile paper 6@7 per cent.
Sterling exchange, bankers bills quiet at
S4.S173; do. ex. demand, S4.84I.
ments-Firm.
Bonds-Railroad bonds lower.
State Securities-Dull.
Stocks-Opened firm and advanced fraction
ally. After the opening weaker tone pre-
vailed and prices declined A@% per cent, On
ion Pacific and Northern Pacific common being
the soft spots. This was succeeded by strong
buying movement and an advance of 4@lh
per cent, Northern Pacific preferred leading the
selling up to 6ST, common rose to 38$l, Oregon
Transcontinental to ssh, Union Pacific to 873s,
while the remainder of the list improved slight
ly. After II a. m. the market weakened under
the leadership of Union Pacific, which sold
down from S73S to ssh regular and to 845s
seller sixty days Speculation continued weak
throughout the remainder of the day and many
shares show a sharp decline. Chicago & North
western dropped per cent. to 120. preferred 81
per cent. to 1881, Chicago, Milwaukee L st.
Paul 214 per ceut. to 99H, Oregon Transconti-
mental per cent. to COZ. Northern Pacific ~
per cent. to 49,, preferred SO per cent: to 81,
Lake Shore 1 per cent. to 9s5s, Wabash, st.
Louis Pacific preferred lss per cent. to S2155,
New Jersey Central % per cent. to 7S5s, Phila-
delphia & Reading e Fer cent. to 1873, Della
ware, Lackawanna & Western 2]s per cent. to
Dc
Missouri Pacific IS per cent. to 9579, Western
Union Telegraph 4 per cent. to 70 and Union
Pacific 115 per cent. to S715. Near the close
there was rally of 15@1 per cent, the latter
for Northern Pacific preferred. As compared
with last nights closing prices are down 4@
80 per cent. In spacialties Manhattan Elevated
declined per cent to Il, Metropolitan Elevated
advanced per cent. to 80 and Alton & Terre
Haute per cent. to 48. There was less excite
ment than yesterday and an improved feeling
prevailed at the close when it was announced
the directors of the Northern Pacific railway had
authorized the issue of $40, 100000 of per cent
second mortgage gold bonds, and that a syadi-
cate had agreed to take whatever amount the
company wanted to sell. The proceeds Of this
loan will paw off the floating debt, provide an
additional large amount OF equipments and
finish all the work the company has on hand.
Exports for the past week from New York $685.,
800, making total since Jan. of S12,010,275
against S44, 215 Gas for the same time last year.
Sales of stocks for the week 2,255,5l7 shares
against 2, 209,Sl6 for the previous week, an in
crease of 45,7Ol shares. Imports at New York
for the week ending to-day sS,67S, $50, of which
S6,726,202 is general merchandise.
The transactions aggregated 412,0O0 shares:
Delaware, Lackawanna & Western 77,000;
New York, Lake Erie & Western 5,0CG;
Lake Shore 1000; Louisville Nashville 5000;
Missouri Pacific 5000; Chicago q Northwestern
1900; New Jersey Central 5000; Northern
Pacific $4,000; Philadelphia 4 Reading 10000;
Chicago, Milwaukee & st. Paul 24,000; Texas
Pacific 5000; Union Pacific $1,000; Western
Union Telegraph 1000; Northern Pacific pre-
ferred $4,000; Oregon Transcontinental 71,U0O;
Canadian Pacific $500.