Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-06

| tile paper 51sU64 per cent. Sterling exchange,
| bankers bills quiet at $4.Bl15; do. ex. de-
! mand, 81. $50.
Governments-Steady.
State Securities Dull.
Bonds-Railroad bonds firm.
| Stocks-There was fair volume of business
| but more hesitating in the market this after
noon than yesterday. There was apparently
some realizing of profits, and quite apparently
some strenuous efforts to cause break In prices
| by the announcement about II O'Clock OF
| large failures in Boston which, however, proved
| to be orly the same announced in this morning 8
papers, as that of the commission house IN sugar
| trade, of which liabilities are unknown, but
estimated from S2SO,oOO to 100000. The
market is stronger and generally higher, though
irregularly SO, aud continued strong until about
| IL o'clock, when owing to the announcement
| referred to there was a downward reaction OF
| 1H@116 per cent, the latter for Philadelphia q
Reading to 50T, with 1 per cent on Oregon
TranscOntinental aud 1H91T per cent. on other
stocks. This decline was at first partly re-
covered, but lost again by 1890 O'Clock, LEAVING
the market 1@1B per cent. lower than the
closing figures lest night, the LAGER LOT
Philadelphia & Reading, per cent Oh Denver
Rio Grande and fraction on other stocks.
The weakest during the forenoon were New
Jersey Central, Philadelphia & Reading and
Denver & Rio Grande, aud the strongest were
Louisville L. Nashville, Central Pacific and
Union Pacific After 1890 the market was
stronger and by l p. N. the pi.ces advanced
H4% per cent, the latter for Oregon Trans
continental to 664, Philadelphia & Reading to
BLK and Chicago & Northwestern to 1868.
Louisville & Nashville Was en- exception and adj
vanced a per cent. in the game time to SO.
These, however, were the h;ghc It prices, and
then there was reaction of A@l per cent, the
latter for Philadelphia i Reading to 50%, with
% per cent. on Denver & Rio Grsnde to 25%,
New Jersey Central to 80, aud Chicago, Mil
waukee & St. Paul to los; also Is per cent. on
Delaware, Lackawanna & Western to 1919,
Louisville & Nashville to 49H, Chicago &
Northwestern to 1858, Western Union Telegraph
to 1917, and Northern Pacific common 401, and
M0M per cent. on other stocks. Changes
were irregular though the majority were frac-
ton higher in the last hour. The stock market
continued strong and there was a further ad-
vance of 1l@I1S per cent over o'clock prices,
the latter for Chicago & MOI yhwestelI to 1877
and Louisville & lie to 503S, with l
per cent. on Canada Southern to 56%, on Oregon
Transcontinental to 6615, Wabash, st. Louis &
Pacific to 2l@94%, Northern Pacific common to
Az; also q per cent Denver & Rio Grande
to 26H, New Jersey Centre to S219, Phila-
delphia & Reading II 5lA, Union Pacific to
935k, end 1s@15 per cent. on other stocks. In
the final dealings Part of this advance of 41A
per cent. was lost. New York & Harlem River
sold at 192%@1s4 in last hour, 100 shar.s at
each price, There had bc IN no previous sales
in New York & Harlem River for several months.
Of other similar investment stocks there were
also sales of Cleveland & Pittsburg at 1873,
Chicago, Rock Island & Pacific at 1885 @l24115,
Chicago, Milwaukee & St.Paul preferred at 1897
@12O1<, Illinois Central 1881 @129L, Chicago,
Burlington & Quincy 124X@1251E. These
prices, as the figures indicate, show an advance
in most of those stocks for to-day, as we'll as
compared with late saleS previous to to-day.
This is more activity than has beea observed ID
these stocks for long time. Western Union
Telegraph and Louisville & Nashville were
strong on rumors that Gould, Ssge & Dillon
would enter the Louisville & Nashville
directory, and to the statements that
Williams suit, which involved the legality
of $l5,000,00 of the new stock Of the Western
Union Telegraph would be withdraw. Chicago
g. Northwest orn was prominent fe Iture, Using
to 127 on an announcement that the increase in
earnings for the fou.th w k of August was
&c 'ly SI65, 600 instead of $4,000 as previously
reported, II" smuch as the comp my included in
the net cal hugs for the foul,h week $25, 900
which it had received from the settlement of a
suit. The weaI less in coal stocks is atclibuted
to ms1ipulations by certciu operators who are
short of the market ed who endeavor to bring
about a general decline by depressing these
shares. AS compared with last nights closing
the prices are 11@23l per cent. highor except
for Chicago, Milwaukee & st. Paul. Denver Il
Rio Grande, New Jersey Central, Philadelphia &
Reading and Chicago, St. Paul, Minneapolis d
Omaha we're 76@lB per cent. lower. In
specialties Chicago, st. Louis & Pittsburg ad-
vanced per cent. to 46, Alton & Terre Haute
preferred l per cent. to 80, Chesapeake Ohio
first preferred 2 per cent. to ~, New York &
Harlem per cent. to 1914, Lake Erie & Western
TX per cent to %, Memphis & Charleston l per
cent. to AZ, New York, Chicago & st. Louis per
cent. to 1919, St. Louis & San Francisco common
2I per cent. to 27% and American Express ~
per cent. to 80.
The Ereuino Post says: No new features in
the stock market to-day. The conditions re-
main nearly as yesterday and the result is that
prices again show an advance, though not large,
over the closing figures yesterday, as they have
each day over those of the preceding for the
last week The outst .nding short interest Is
still quiet and apparently little progress was
made to-day, The same paper says, in regard
to the reported decision in the supreme court
of Massachusetts in favor of the Credit Mobilier
company and against the Union Pacific Railway
company on its note for $4,000, 900, that it is
stated by officers of the Union Pacific their
company owns nine-tentbs of the stock of the
Credit Mobilier, and that even If the report
should prove correct it could not cause greater
loss than 81, 900 to the Union Pacific company,
The transactions aggregated 100000 shares:
Canada Southern 1000; Central Pacific 9,000;
Delaware, Lackawanna Western 64,0OO;
Denver & Rio Grande $4,000; Erie 1900:
Lake Shore $4,000; Louisville Nashville 49,
600; Missouri Pacific 5000; Chicago North
western 10000; New Jersey Central 5000;
Northern Pacific Is, 1000; do. preferred $4,000;
Philadelphia & Reading 10000; Chicago. Mil
waukee st. Paul 2S,U00; Texas Pacific 5000;
Union Pacific $4,000; Western Union Telegraph
$1,000; Oregon Transcontinental 10000; Cana
dian Pacific 5000; Wabash, St. Louis & Pacific
preferred 5000.
MINING STOCKS.
Mining stocks very dull; Horn Silver sold at
70O9798, ChrysoEte ITO, Bodie 70, Consolidated
Virginia $500 aud Robinson Consolidated ~.
Sales for the day 19,6l5 shares. Pipe Line GER