Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-11-11

ling exchange, bankers bills weaker at
$4.8i&; do. ex. demand, S4.84Z.
Goyernments-Strong.
Bonds-Railroad bonds firm and higher.
State Securities-Quiet.
Stocks-The past week has shown increasing
confidence in railway securities from day to
day. The advance in the stock market has
been subject to more fluctuations, but the net
result of the week is an advance of 1906 per
cent, Vanderbilt stocks having shown the
most strength and the largest advances. AS
compared with the closing prices Nov. New
York Central shows an advance Of z u per cent,
Lake shore ~ per cent, Michigan Central 81
per cent, Canada Southern per cent, Chicago
& Northwestern ~ per cent. and Chicago, st.
Paul, Minneapolis & Omaha common ~ per
cent, preferred SIS per cent. Gould stocks
were comparatively dull until to-day, when they
have been more active and show considerable
advances over the closing prices on the Sd, viz:
Missouri Pacific 3A per cent, Wabash, st. Louis
& Pacific common ~ per cent, preferred per
cent, Western Union Telegraph per cent,
Texas Pacific ~ per cent. Dividend payers
| also attracted more than usual attention and
there has apparently been good deal of buying
by investors, who think they are low enough to
buy for comparatively permanent holding.
Chicago, Burlington 6 Quincy shows an advance
of 81 per cent, Chicago, Rock Island & Pacific
"a per cent, Union Pacific 18 per cent,
Northern Pacifcs have been the dullest stocks
on the list. Oregon Transcontinental, how
ever, has been exceptionally active and shows an
advance of 5S per cent. Canadian Pacific nd
vanced ~ per cent, Delaware, Iackawanna &
Western 81 per cent, Philadelphia & Reading
"a per cent, New Jersey Central Is per cent,
New York, Lake Erie & Western ~ per cent
To-day the highest prices Of the week were
made just before the close. The advance in the
hour was 144l per cent, the latter for Union
Pacific to 9O2l, Lake Shore per cent. to 1908,
Chicago & Northwestern q per cent. to 12711,
Delaware, Lackawanna & Western Is per cent.
| to ll7I, Philadelphia Il Reading % per cent. to
53, Oregon Transcontinental "a per cent. to 40,
New York, Lake Erie & Western n per cent. to
295s, Chicago, st. Paul, Minneapolis l. Omaha
to 1908, the common q per cent. to 3S%,
Louisville & Nashville to 81, Michigan Central
per cent. to "a, with smaller advances on other
stocks. Inthe last hour Nashville, Chattanooga
& St. Louis advanced 2 per cent. to SO. The
! chief influences at work were the decision of
| the pool in refusing the business of the Della
ware, Lackgwanna 4 Western road after Nov. 20
| if that company did not live up to the rates
agreed on by the Trunk lines, tho gain in sur
plus reserve of over 81 COCO by the New York
Associated banks and to the strong support &C
corded Vanderbilt and Gould stocks The net
earnings of the New York, Lake Erie s Western
Railway company from Oct. !, 1882, till Oct. Il,
1888, were S6,320,2 5l, The Bank of Montreal
loaned $4,000, Geo al the Stock Exchange. Ap-
prozimate earnings of the Denver & Rio Grande
railway the first week in November S15l eco, an
increase of $4,000 over the corresponding week
a year ago.
The transactions aggregated 47l,o00 shares;
Central Pacific 1000; New York, Lake Erie &
Western 5000; Louisville & Nashville $4,000
Northern Pacific 9,000 New York Central
$4,000: Chicago, Milwaukee q st. Paul $1,000
Texas Pncihc 5000; Western Union Telegraph
$1,000; Oregon Tr.nscontinental 44,000; Della
ware, Lsokawauna & Western 10000; Lake
Shore Il, 600; Missouri Pacific 1l,000; Chicago
& Northwestern $4,000; Philadelphia & Reading
5000; Chicago, st. Paul, Minneapolis & Omaha
5000; Union Pacific $4,000; Canada Pacific
1900.
MINING STOCKS.
Mining stocks very dull; Horn Silver sold a
550965O, closing 500; Iron Silver $50, Chryso