Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-04


mand, $4.65H.
GovernmentS-Steedy
Bunds-Railroad bonds firm.
State Securities-In the main steady.
Stocks-The stock market in the forenoon
was generally stronger and prices were higher
on a moderate business. Between II and the
market was stronger and the advance was nearly
continuous to an extent of 14@1H per cent,
the latter for Oregon TransOontinental, with
other advances as follows: Wabash, st. Louis
& Pacific preferred = per cent. to "a, common
Per cent to q, New Jersey Central per cent.
to S22l, Louisville Il Nashville % per cent. to
461I, Union Pacific q per cent. to 80, Chicago,
Milwaukee & St. Paul q per cent, to 1041l,
Northern Pacific preferred Is per cent. to 761s,
common = per cent. to 40}, Delaware, Lacka-
wanna s. Western * per cent. to 122JE, New
York, Lake Erie & Western g PSF cent. to Sl25
and B@1s per cent. on the others. In the last
hour prices were generally lower as a result of
sales to realize profits on the advance of the
last few days. The extreme decline on the hour
was 1G5S per eInt., the latter for Northern Pa
cifc preferred to 7514 Oregon Transcontinental
to 654 and Delaware, Lackawanna & Western
to 1923. In the Hnal dealings the general market
per cent, the latter for Delaware, Lackawauna
& Western. In the final dealings Oregon In
provament sold at 80 against IS earlier in the
day and Oregon Railway & Navigation advanced
Il per cent. to 1905. The result of the days
trading was to leave prices generally higher
than at the close Saturday, the most important
advances being Oregon Transeontinental and
Union Pacific IL per cent. each, Chicago t
Northwestern Is per cent, preferred per cent,
New York, Lake Erie & Western % per cent,
AIisoTAai Pacific q per cent, Canada Southern
q per cent, Chicago, Milwaukee & St. Paul q
per cent, Wabash, st. Louis & Pacific Common
l per cent, Chicago, st. Paul, Minneapolis 4
Omaha % per cent, Louisville & Nashville Per
cent, Lake Shore e per cent. In specialties
Alton & Terre Haute preferred rose 81 per cent.
TO 81, Oregon Improvement per cent. to 50,
ChicSgo, st. Louis & Pittsburg per cent. to
l456, Cleveland, Columbus, Cincinnati i Indian
apolis y per cent. TO 6315, Chesapeake & Ohio
l per cent. to 16, East Tennessee, Virginia &
Georgia prefeEGed 10 per cent. to II, Memphis 4
Charleston 2 per cent. to Al, Minneapolis & St
Louis preferred 2519 per cent. to 4915, Ohio !
Mississippi per cent to 29a and St. AOuis 8
San Francisco preferred 219 per cent. to AZ
Adyices from the west of continuation o.
wsather favorable to the maturity Of the corr
Cssop has led many operators to change their Pc
81 ions in the market, more especially as thu
Movement of other breedstuffs has alread,
weakened foreign exchanges and strengthened
the belief Of conservative banks in the influx O.
at least S20, Geo, 0ce to SIS 100000 of gold cur
rency this fiscal year. The advance Of to-da!
was partly the result of buying to cover sEOsts
but partly also for long account. The room
traders have been buyers all day. The marke
closed strong.
The Evening Post says: The attention o
many persons is now fixed upon the com csoI
as one Of the most important factors In respsc
for improvement, not only in prices and stocks
but in business generally. The fact is the Corr
crop is of almost as great a money value az nj
other grain crops put together. winch n;'y b
understood by comparing Crup of Say ,oo ;,
0e0, QUO bushels of corn at twenty-five cents pc
bushel in farmers hands, amoun ing TO So, too,
100000, with say sou ,0.u,oUV IN. of wheat at
storage price of say sixty ceGts 20 farmers
amounting to $500, G0o,0Uo AL other graf
crops would be worth Only about the diff rene
between the values OF corn and wheat. Th
great bulk of the corn crop for this year IS nO'
secured, and there is scarcely a'y chance tbs
could occur to make the com crop below I'll
average. In the west many persa. are a,r'ad
basdng their Sus1ness operations \ The 'Sss2sta