Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-01-26

ers' bills steady at $4.s915; sight exchange OF
! New York, $4.S6.
Governments Strong and g per cent, higher
for all issues.
Bonds-Railroad bonds irregular but generally
higher.
State Securities-Dull and without feature.
Stocks-The stock market showed some i'm
provement both in tone and in volume of bust
Ress this forenoon as compared with yesterday
There was some waEering and uncertainty during
the first half-hour, but after that there was a
tirmer tone and an increase Of business which
was continued up to 1890 o'clock. The excep-
ton was New Jersey Central, which declined q
per cent. and then recovered l per cent. of
the decline. After 1880 the market became
nrrner and an improvement in tone continued
until 2 o'clock. In the last hour, however, the
the firm tone which had prevailed through the
day was lost ard the result of the last hours
business was decline of 1k04 per cent, the
latter for Chicago q Northwestern. New JERSEY
Central declined to 7l3s. Hannibal & st. Joe
declined 2114 per cent. to 42s< for common, and
per cent. for preferred to 81. as compared
with last night the general list is but slightly
changed. The drop in New Jersey Central this
forenoon was caused by an announcement that
at the meeting to-day there would be nothing
done in regard to taking the property out OF the
hands of the receivers. The subsequent partial
recovery IN the stock was caused by a statement
(seini-otHcially) that decided action would be
taken some time within few months to dissolve
the receivership. 1t is believed the Elevated
railroad litigation has reached point where ma
jorities of all the htgating parties have prac-
tically agreed upon basis of compromise and
the only obstacle to a complete settlement is the
formation of a perfectly legal plan for doing SO.
The Erening Post says: Washington dispatches
giving notice of the preparations of the attorney
general to begin suit against the Union Pacific
to recover about 81 600, 900 due the government
on account of the earnings OF the road for trans
portation material for its own construction does
not seem to affect the market price of Union
Pacific stock, probably because it does not strike
the general public as consistent with the policy
OF the government to subsidize a railroad in
process of construction. We learn from the
chairman of the government directors of the
Union Pacific railroad that the reports of trouble
or discord between them and the officials and
directors of this company are without founda-
ton. All information asked for by the govern
ment directors has been furnished by the COM
pany and the government directors are now act
lively engaged in the preparation of their report
for the secretary of interior.
MINING STOCKS.
Mining stocks dull; Robinson Consolidated
sold at 130@125, Sierra Grande advanced from
260@275, Chrysolite sold at 14O@145, Grand
Prize 70@75, Belle Isle 100 and Independence 81.
Sales for the day $3.50 shares. Pipe Line cert-
fcates active and Irregular at 1O0@1O4B, closing
strong on call at 1899
The transactions aggregated $4,000 shares:
1900 Canada Southern; $500 Central Pacific;
$4,000 Delaware, Lackawanna & Western;
$4,000 Denver & Rio Grande; 5000 Erie; $500
Hannibal & st. Joe; 5000 Kansas s. Texas;
$4,000 Lake Shore; 1900 Louisville & Nash
vile; 1890 Missouri Pacific; 1900 Chicago &
Northwestern; 10000 New Jersey Central; 5000
New York Central; 10000 Northern Pacific;
3, go Pacific Mail; $4,000 Chicago. Milwaukee
& st. Paul; 1900 Chicago, st. Paul, |
81 Omaha; 1900 1'exas Pacific;
10000 Union Pacific; IL, 0OO Wabash, st. Louis
Il Pacific; 5000 Western Union Telegraph
1900 Oregon Transcontinental.