Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-26
West Shore firsts, which declined to u regular

West Shore firsts, which declined to " regula
and ~ seller thirty days.
State Observation-Disclosures G. Pine Bluff ISSUE
brought 40; Louisiana consols sold at II seller
forty days.
Stocks-As was generally anticipated last
night the stock market opened firmer and under
considerable covering of shorts advanced during
the first three quarters of an hour about H@23s
per cent, the latter for Northern Pacific pre-
ferred, with Is per cent. on common, ~ per
cent. on Oregon Transcontinental, l per cent.
on Oregon Railway Navigation, 13s per cent.
on Louisville & Nashville, rs per cent. on
Union Pacific, per cent. on Pacific Mail, e
per cent. on Delaware, Lackawanna u Western,
New Jersey Central, Central Pacific and Chi
cago, Milwaukee st. Paul, but about IL o'clock
efforts were made to turn the tide and bear
rumors began to be circulated again. There was
talk of short cotton crop, which was figured
down to 100000 bales against 100000 last
year. 1t was also talked that while the bears
did not feel safe to sell Northern Pacific any
lower and finding Delaware, Lackawanna &
Western strongly supported, they would now
attack Vanderbilts. Simultaneous with this a
rumor was started that Lake Shore was cutting
rates and that there was sure to be trouble in
the Trunk line pool. News of failures also quick
~ reached the stock room and were made the
most of to depress prices. The result of the
Funors and talk was that the market first be-
came dull and prices gradually sagged down
until II, at which time Lake Shore became
weak and declined per cent. There was q
good borrowing demand in the forenoon fo1
New York Central, Philadelphia & Reading,
Louisville & Nashville and Union Pacific. The
market continued the same until the last half
hour, when there was recovery Of 1a@A per
cent. in the general list and ID per cent. on
Northern Pacific common, l per cent. on pre-
ferred and 155S per cent. on Oregon Transconti-
mental, which was quoted ex dividend at 5tI,
81 and 525S in the last hour. AS compared with
last nights close prices are M@& per cent.
higher for Central Pacific, Delaware & Hudson,
Louisville & Nashville, Chicago, st. Paul, Min
neapolis & Omaha, Northern Pacific preferred,
Union Pacific, Oregon Transcontinental and
Wabash, st. Louis & Pacific, and I@1N per
cent lower for other active stocks. At the an
nual meeting of the Gold & Stock Telegraph
company to-day the following gentlemen were
reelected directors for the ensuing year: DR..
Norvin Green, Augustus gchell, jay Gould, Bus
sell Sage, Charles G. Langdon, VIM. A. Wheeler,
Geo. J. Gould, W. M. Bliss, Thos. T. Eokert,
John Van Horn.
The Evening Post says: The temper of the
stock market continues bearish. Spectators
who have bought at various times the last week
or two, thinking prices had touched the bottom.
have generally sold out sooner or later with only
small profits or larger losses. Failures in mer-
camille circles Like those of to-day, caused
mainly BY speculation, have helped to increase
the general distrustful feeling which keeps
capital idle in the banks and prevents any de-
cided movement into securities of any kind, and
while there is nothing unfaverable IN the gen.
aral situation as regards crops, trade prospects
or railroad earnings it is nevertheless true there
is as yet 10 apparent disposition on part of the
general public to try railroad securities.
The transactions aggregated 444,00O shares
Central Pacific 5000; Delaware, Lackawanna i
Western $1,000; Denver q Rio Grande 5000
New York, Lake Erie & Western Ii 600
Lake Shore $1,000; Louisville & Nashville
5000; Chicago & Northwestern 5000; New
Jersey Central 1000; New York Central
11,OO0; Northern Pacific $4,000; do
preferred 5000; Philadelphia & Reading 1000
Chicago, Milwaukee & St. Paul $4,000; Texas
Pacific 1000; Union Pacific $1,000; Wabash
st. Louis & Pacific 5000; Western Union Tele
graph 5000; Oregon Transcontinental $4,000
Oregon Transcontinental ex. div. 5000.
MINING STOCKS.
Mining stocks very dull; Northern Belle ant
Standard Consolidated 563, Horn Silver 7C0
Iron Silver 80, Little Chief 66@G0, Robinson
Consolidated Il, Sonora Consolidated 27@28
Sales for the day 400 shares. Pipe Line Ger
tifcates dull but strong at 1134@115.