Daily globe., 1883-08-08
EVENING REPORT.
GOVERNMENTS.

EVENING REPORTs
Money in good supply at 2@215 per cent,
closing at 215 per cont. Prime mercantile
paper 1896 per cent. Sterling exchange, bank
ers' bills steady at S4.s31S; do. ex. demand,
$4.874.
Produce exports for the week, 81, ,683, 900
GOvernments-Lower for fours and four and
q halls.
Bonds-Railroad bonds somewhat 6rmer.
State Securities
Stocks-There was an active selling move
ment in the stock market in the forenoon which.
at times, was almost panicky, in the endeavor
to get rid of stocks. The moving cause to all
this was mainly apprehension of the conse-
quences of the telegraphers' strike. After 80
the market was less active, and though there
was further decline of Kos per cent. in the
general list, in the half hour to o'clock there
was an upward reaction after 1:30 of L@IA
per cent, the latter for Wabash, St. Louis & Pa
cifc preferred and Pacific Mail. In the last
hour there was pretty general revulsion of
sentiment in the stock market and general ad-
vance in prices ranging from H9% per cent
IN the general list and with some exceptions ad-
vances, as per cent. in Chicago, Burlington &
Quincy, per cent. in Bankers & Merchants
Telegraph and per cent. in Cleveland, Colum-
bus, Cincinnati g. indianapolis. In the final
dealings the market was strong and with the ex-
ception of ten or twelve stocks all closing
prices were higher than those of last evening.
The Erening Post says: The principal gov
erning influences in the stock market to-day
have unquestionably been apprehensions of the
results of the telegraphers' strike. This may
seem at variance with the facts when it is seen
the price of Western Union Telegraph itself was
more firmly maintained than of almost any
| other stock, while prices of those stocks whose
property would be least affected by the strike,
whether it was successful or not, were in some
cases most depressed. Western Union Tele-
graph, however, it is generally believed, was
sustained only by the purchases of Gould.
There is good reason to believe the market is
being manipulated to large extent, and there
| is large short interest outstanding which viii
have to be covered soon, as there is a prospect
of settlement of the present telegraph difficult
ties. There is nothing in the general state of
trade or finances in the country at largeto cause
any considerable decline in prices of either Sc
curities or commodities.
MINING STOCKS.
Mining stocks dull; Navajo sold at 310, Iron
Silver 80, Chrysolite 125, Robinson Consoli-
dated 70@75 cents, Sonora Consolidated 26@S0,
closing 29. Sales for the day $3.50 shares.
Pipe Line certificates fairly active at 112M@
1095s, closing on call at 1l014.
The transactions aggregated 100000 shares:
Central Pacific 5000; Delaware, Lackawanna &
Western $4,000; Denver & Rio Grande $4,000:
Erie 1000; Missouri, Kansas & Texas 10000;
Lake Shore 7,000; Louisville & Nashville 5000;
Missouri Pacific $4,000; New York Central
$4,000; Northern Pacific 1900; do preferred
1900; Chicago, Milwaukee & st. Paul Is, 900;
Texas Pacific Is, 1000; Union Pacific $4,000; Wa
bash, st. Louis & Pacific 5000; do preferred
1900; Western Union Telegraph 10000; Oregon
Transcontinental 12,000
Afternoon Board Quotations.