Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-09-29

.N.A.&C.... 80 Wells 4 Fargo. Iii
81. 4 C. LIST pfd.. 10 West. Union IT,. S01s
do I'd pref'dT.. Quicksilver 49,. 8
Memphis & Co.. AZ dc preferred. S3
Mich. Central. $3.50 Pullman Pal. Car .12S
MINIS & st. L.. 24111 G., st. L. Pitts. IAN
do preferred. :. 501S do preferred. IS
*Asked. IBID. tOferod. GEx. int. SEX.
div.
EvKHTNG REPORT.
Money market easy at 2@215 per cent, closed
at 2 per can't. Prime mercantile paper 607
per cent. Sterling exchange, bankers bills
steady at s4.s2%; do. ex. demand, $4.S5E.
Dry goods imports for the week, SAFES, COZ.
vernments-Strong except for threes.
Bonds-Railroad bonds finn.
State Securities STEADY; Alabama class A
sold at Sl1S981H, Tennessee compromise de-
clned to AZ
Stocks-The stock market to-day was lower
and as compared with last night prices were a
@IX per cent. lower, the latter for Oregon
Transcontinental, with IL per cent. on North
ern Pacific preferred, IL per cent on common,
II per cent. on Chicago & Northwestern, IL
per cent. on Denver & Ris Grande, rs per cent.
on Philadelphia & Reading, Is per cent. on Cen
trail Pacific, l per cent. on Michigan Central
and smaller declines on others. Chicago, Bur
lington Quincy and st. Paul & Omaha COM
mon and preferred, however, are 175@
11p per cent higher. The weakness in Western
Union Telegraph late in the day was due to a
decision ordering the company to pay back
taxes to the state to the amount Of S626,000.
The financial plan of the Denver &c Rio Grande
was promulgated this afternoon and proved to
be substantially the same as that already made
= Of {ho
Il Rio Grande company have decided to ask the
stockholders to authorize the mortgaging of its
roserty. The mortgage security bonds to be
issued under the same will provide for reserving
sufficient OF this issue to pay off or exchange
the present authorized Indebtedness, 0,000,-
900, OF which there are now outstanding
S26, 123, 900 of bonds on 1870 miles of COM
pleted road; $l0,O00,O00 to be further reserved
which can only be issued for completing the I'M
finished portion of the line, upon which large
amount of work has been done; leaving about
S13, COX, 900 for the present and future wants of
the company, of which latter $5,0O0,000 shall
be disposed Of as stated. The directors have
made arrangements, as soon as the stockholders
shall have authorized this mortgage, for the ne
gotiation of $5,000,000 of these bonds by
syndicate, which will furnish means to meet all
requirements OF the company upon satisfactory
terms, which arrangements secure to each
the right to take his pro rata upon
the same terms.
The transactions aggregated S15,G00 shages:
Central Pacific 5000; Delaware, Lackawana &
Western $4,000; Denver & Rio Grande 2l,000;
New York, Lake Erie & Western 5000; Lake
Shore 1900; Louisville & Nashville $4,000;
Chicago & North esUern 5000; New York Cen
trail 5000; Northern Pacific 1900; do. pre-
ferred $1,000; Philadelphia & Reading
5000; Chicago, Milwaukee & st. Paul 1900;
Union Pacific $4,000; Western Union Telegraph
1900; Canadian Pacific 5000.
MINING STOCKS.
Mining stocks very dull; Standard Consoli-
dated SIS, Alice go, Little Chief 57@62, clos
ing 60. Sales for the day $4,000 shares. Pipe
Line certificates very dull at ll4l@ll55s,
closing on call at 115A.