Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-10-13

Memphis c.. SO DC preferred. s27s
Mich. Central.... rs Pullman Pei. Csr 1855
ainn's Il St. L.. 2015 c., st. L. & Fits. IL
Go preferred. :. IL do Preferred. 35
Sacked. IBID. +ofered. uEx. int. sex.
div.
| EVENING REPORT.
Money is in excess of demand at 115@2 per
cent, closing at 2 per cent. Prime mercantile
paper COZ per cent. Sterling exchange, bank
ers' bills steady at S4.s11; do. e1. demand,
S4.S44.
Dry goods imports for the week, 50, 108, 600.
Governments Stronger; fours rose to 12l
bid, four and halls registered to la bid and
ditto coupons l14ss bid.
Bonds-Railroad bonds frmer for West Shore
& Buffalo, which rallied to IT'S after selling
down to 761S; Missouri, Kansas Texas seconds
| lower at So and Texas Pacific income $685..
State Securities-Dull.
Stooks-The stock market was generally dull
and weak during the forenoon. The principal
business was in Northern Pacifcs and Denver &
Rio Grande, which comprised one-half OF the
whole business of the forenoon. In the after
noon the market became frmer and prices ad-
vanced. In the Last hour, however, there was
another decline and no recovery of Importance
later to note. Prices as compared with the
close Thursday night are 10@11M PEE cent.
lower for Denver L BIO Grande. Trunk lines,
Oregon Transportation and Gould stocks, Chi
cago, Burlington & Quincy, Delaware, Lacl1a-
wanna d Western, st. Paul, Minneapolis & Man
ltoba and Union Pacific, however, were 1918
per cent. lower. In specialtes Chicago, St.
Louis Pit5sburg fell off 80 per cent. to IL
and preferred 6A9635 Per cent; the former
subsequently, rallied to Is per cent. bid and the
latter to 4s bid. Alton & Terre Raute preferred
sold down per cent. to 81, Milwaukee. Lake
Shore & Western preferred So per cent. to S61s,
Minneapolis & st. Loais 1@2 per cent, Oregon
Improvement 2 rs per cent. to IS, Colorado Coal
81 per cent. to 81 and New Central Coal per
cent. to 8. The raid on Lake Shore, which more
or less affected tie whole market, was based on
ramor that the Pennsy lvania road had issued
a circular making sharp reduction in rates to
points in Pennsylvania and New York state
along the West Shore & Buffalo road. Investi-
cation OF this rumor showed it had no founda-
ton. a prominent bear operator credited with
u desire to cover, is accused of being indirectly
the author of the rumor. The reports attracting
considerable attention were to the effect that
the West Shore & Buffalo road had been leased
to the Grand Trunk of Canada and still later to
the Pennsylvania, also that negotiations are in
progress, but are not yet sufficiently advanced
to make any positive statements. 1t is said the
differences between the Texas Pacific and the
dissatisfied income bondholders are being ar
ranged. Denver & Rio Grande weakened on the
issue OF $5,CG0,000 of new bonds and like
amount OF new stock. The Denver & Bio Grande
transfer books Will be opened tomorrow. The
directors have issued a circular to the stock
holders which provides that the company, under
existing contracts, IS authorized to offer to It's
stockholders appearing as such on the books at
the close Of business Sept. II, 1883. for sub
scriptions pro rata, $5,0Jc, $50 of 5 per cent.
general mortgage, convertible into stock, and
-, co., 600 stock of the company, on the follow
ing terms and conditions: Subscribers viii re-
ceive for every $3.50 cash subscribed and paid in
$1,000 in bonds and $4,000 in stock. Subscrip-
lions to be payable in three equal installmelts,
the first Immediately upon acceptance by the
company, the others upon ten days. notice after,
but nos more than one instaIllnent to be called
for during one calendar month. Receipts of
subscriptions viii expire Oct. 80, 1888. The
bonds to be issued viii bs either coupon or reg
istered, according to the option Of the sub
scriber.
The transactions aggregated s21, 600 shares:
Delaware, Lackawanna & Western 2I,090;
Denver u Rio Gr2nde Il ,OC0; New York, Lake
Erie L Western 1880: Missouri, Kansas Texas
5000; Louisville & Nashville 900; Michigan
Central 5000; Chicago & Northwestern 5000;
Northern Pacific 10000; do preferred $4,000;
Philadelphia & Reading 9,coO; Chicago, Mil
waukee Il st. Paul l4,0p; Texas Pacific 5000;
Union Pacific $4,000; Oregon Transtsutinentsl
$1,000; Wabash, st. Louis & Pacific preferred
5000.
MINING 5To1K5.
Mining stocks to-day dull; Horn Silver sold
at 700, Northern Belle 500, Alice l75@265, Iron
Silver 800, Chrysolite 12O@1lO, Sierra Grande
$50. Sales for the day 81, $50 shares. Pipe Line
certificates fairly active at 1O8A@l1011, closing
at 1925.