Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-22
EVENING REPORT.

| div.
EVENING REPORT.
Money market easy at 29215 Per
cent, closing at 2 per cent. Prime mercantile
paper 51967 per cent. Sterling exchange,
bankers bills steady at SA.6219 do. OK. demand,
S4.s54.
Dry goods imports for the week, S2,974, COO.
Governments 7759H per cent. higher for all
issues.
Bonds-Railroad bonds firm.
State Securities-Tennessee compromise rose
to 43, Louisiana Consolidated 81.
Stocks-The New York stock market opened
firm with a slight advance in prices. Wizards
were attacked and decline of 71s415S per cent.
took place in their shares and 146l IS per cent.
in other active stocks. Central Pacific, Lake
Shore and Missouri Pacific were conspicuous in
the decline. This was followed by rally Of 3
al per cent, the improvement being general.
Then the bears turned their attention to Louis
Vile Nashville, forcing it down to 1874 against
5O% at the opening This sharp break affected
the whole list unfavorably, more especially
Wizards and Union Pacific. Northern Pacific
declined to 36%, preferred to 68H, Oregon
Transoontinental to &c. Central Pacific to 6614,
Union Pacific to SO, Chicago & Northwestern to
1868, Chicago, Milwaukee & st. Paul to 1851,
Delaware, Lackawanna & Western to 1924, Den
yer L Bic Grande to 26H, Lake Shore to 1927,
Missouri Pacific to S83s, New York, Lake Erie &
Western to 40X, Wabash, st. Louis Il Pacific to
21s, preferred to $3.50 and Western Union Tele-
graph to 1871. After 2 p. m. there was another
rally of 1493% per cent. and still later another
break in Wizards, which carried Northern Pacific
to 3614, preferred to 681z, Oregon Transconti-
mental to So and Oregon Navigation to las
regular and 122 seller sixty days. In other
leading shares many sold down to the lowest of
the day. Near the close there was frastional
recovery and taken altogether the general list
showed more strength than had been anticipated.
As compared with last nights closing prices
Northern Pacific is down 2H per cent, preferred
~ per cent, Oregon Transcontinental 2% per
cent, Oregon Navigation and Missouri Pacific
g per cent, Lake Shore per cent, Union Pa
cifc 3 per cent. and other stocks x@X per
cent. Chicago, Burlington L Quincy rose q
per cent. Wizards, Union Pacific and Louisville
& Nashville figured fer 262, $50 shares out Of a
total of 429,629. These were the stocks upon
which most of the bear pressure was directed.
The Euenigg Post says: The situation in the
stock market remains very much the same as
yesterday II Is uOt now so MUCH q question OIL
good prospect for business and profits on rail
road property, nor of financial condition and
prospects of particular properties; it is of the
strength of the bull and bear factions. The
persistence and boldness of the latter in en-
deavoring to make lower prices for all stocks by
keeping them depressed separately, at a time
when there is nothing in the general situation to
make any such decline, otherwise lends some
plausibihty to the theory that there is purpose
on the part of certain large operators to secure
control of all transactions In railway business,
though it may turn out to be only for the pur-
pose of covering the short interest that was
first put out at the time Of the damage to the
corn crop and since increased in attempts to
cover that.
The transactions aggregated 480, 900 shares:
Central Pacific II 900; Delaware, Lackawanns
Western &c, $50; Denver d Rio Grande 5000;
New York, Lake Erie i Western $4,000;
Lake Shore 1900; Louisville & Nashville
4, 900; Missouri Pacific 5000; New York Cen
tral 5000; Northern Pacific $4,000; do. pre-
ferred $4,000; Pacific Nail 5000; Philadelphia
& Reading 5000; Chicago. Milwaukee i st.
Paul IL 900; Texas Pacific 5000; Union Pacific
As, 600; Western Union Telegraph II, goo; Oregon
$1,000.
MINING STOCKS.
Mining stocks quiet; Chrysolite sold at 1256
1885, Little Chief S59SS, closing 81; Little Pitts
burg 64G67, Robinson 4594O, Standard SIS,
Alice "a and Sonora Consolidated 29@2S. Sales
for the day 1910 shares. Pipe Line certificates
fairly active and strong, advancing from 11EA
9ll7H, closing on call at 1859.