Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1883-12-18

dency of The Oregon Transcontinentai and Ore
gon Navigation companies and that VIM. End
cott Jr., Boston, would succeed him in the
Oregon Transcontinental, aud T. jefferson
Coohdge, also of Boston, IL the Oregon Navi-
CATION Coolidge also joins the Oregon Trans
continental directory The official notice WIS
accompanied b. statement that syndicate
had been formed t. take the "hrrl'' Part OF the
bonds now owned by the Oregon Jransconti-
Mental company, amounting 10 S9,oO0,O9O or
SIe,UGo, 900. This will relieve he company Of
| tie larger part of the debt SO bur3e-some and
will enable it to resume a sound financial posi-
ton. A report of tas condition OF the com
pany will be made as soon as tho committee ap-
pointed BY the bosra has been abba to make a
proper examination, which Will nccesarily &C.
crpy several days, but it i positively stated the
report will show on hand an aggregate OF stock
fully equal to the amount held ct the time of
the annual report in June last. When this re-
port became generally known Northern Pacific
moved up to 271s, preferred 20 59I, Oregon
Transcontinentai to s94 and Oregon Improve
ment 10 g. In the last hs!!-hour New York
Contra, cu,alopea laTke1 strength. This stock,
which ksd bseA Grn al day at lizY.i8ss, sud
denly advanced 10 li4A 9u5A cash. Ih;e
rise was due to the action OF Kuhn. Laeb d Co.,
who bought in 'sunder ru,e'' round amount Of
stock against Vim. Heath & Co. and others FOR
non-delivery. The whole market moved up to
the best prices of the day. At the close prices
we're fraction off, but the un2s-tore vas strong
on a belief that the Iowa pool troubles will be
fixed up. As compared with Saturdays closing
Northern Pacific is per cent. higher, preferred
s, Oregon Trangoontinental Tx, Oregon Nayiga-
ton 85E, Oregon improvement ~,
Chicago & Northwestern ~, Canada
Southern ], louisville Is Nashville !, Missouri
Pacific /, New York Central 4 ard Wabash, st
Louis Pacific preferred = and Union Pacific
~ lower. Western Union Telegraph and Mis-
sour, Kansas q Texas unchanged. In the
speciaIties American Cable advanced II per
cent. to 633s, Cleveland, Columbus, Cincinnati
d Indianapolis Is to 6 81, East Tennessee, Viz
ginia 6: Georgia TO ~ aud Colorado Csal to
l61a. Ohio & Mississippi declined i Is TO 2433s.
The reason for the sharp rise IN New York Cen
trail is that Kuhn, iIaeb & Co. bought in under
the rule about 6,cG3 shares OF this stock against
Wm. Heath & Co. and other parties defaulting
N their deliveries. The sh rp Use caused 10
failures and is due entirely to non-deliveries
Vice President Cakes, Of the Noi tharn Pacific
railroad, has photographed the following state
ment of the operations of the company for Oc-
tober: Gross earni. Sc, Sl,9J7, 22l; operatln g
expenses, sSli.5s6; rentals and taxes, $50, jill;
surplus, s749, 52a. The gross earnings for No
vember are estimated at sl,25s, 200; operating
expenses, 1851, ZOO; Surplus, S650,000.
The transactions aggregated t6I,0y0 shares:
Delaware, LaokawGnua u Western 12,u0C;
Denver BIO Grande 1900; New York, Lake
Erie Western 9,u0U; Lake Shore 2G,0G0;
Louisville q Nashville 25,GU0; -4issouri Pacific
i4,0UJ; Chicago d Northwestern 20,H0g;
New York Central $4,000; Northern
Pacific 6S,000; Philadelphia & Besdiog
lI,U00; Chicago, Miiwaukes & st. Paul 81, &C;
Union Pacific 5000; Western Union Telegraph
5000; Oregon TRANSFER tinental 1l3, 00G; Canadian
Pacific 500; Chicago, Burlington & Quincy
e,W0; Nsw York Central under rule and cash
5000.
MINING s3oGKe.
The week opened quiet ard weak in The marke.
for mining shares. Northern Belle declined TO
Is cents, the lowest price yet made, North Mex
lean deoIir ed to 65, Harlem to 1iU; Eastern
Oregon woak at 6@i2 cents; Bodie firm at 20,
Horn silver 6J]s, Iron Silver go, Sutro TuHnel
IS.