St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-16

EVENING REPORT.
Money easy at 1902 per cent, closing offered
IL. Prime mercantile paper 4@5h per cent.
Sterling exchange, bankers bills steady at
| 81. 86A do. ex. demand, S4S9A.
Governments-Firm.
| Bonds-Railroad bonds firm. The demand for
railway bonds continues large beyond precedent
| and many commission houses have heavy orders
from investors, which cannot be filled for the
reason that even the constantly advancing prices
do not bring out the supply needed. The de-
mand is not confined to home investors, but ex-
| tends to foreign houses, who have large orders
| for European account. The steamer to-day took
out important amounts of bonds and further
shipments go forward next week. To-day there
was an advance right through the entire list and
| the improvement, in some cases. very marked
New York, West Shore & Buffalo frsts were the
| special feature Of the market, advancing from
| 56H to 58A on large sales, 1881 900 chang
| ing hands on the way up. The activity in these
bonds was due to a report that the terminal
company had secured a renewal of its loans,
| which will do away with the necessary sale of
| their bonds for year to come. A revival of the
report that Ex-President Osborne, of the Illinois
Central, and friends would take an active interest
On the PROPERTY, also assisted the upward move
ment. Louisville & Nashville generals were
taken for foreign account up to 95 and there was
sale of nearly $500,0 of the companys col
lateral trust bonds. The number listed at the
Exchange was made to foreign houses at S7h@
S8H.
State securities-Steady; Tennessee compro-
mise rose to so.
Stocks-After an irregular opening became
| weak and nricpS dac1inad V m nor cont no ot-
ter for New York Central, which fell off to 1854
This weakness is due to unfayorable advices
from the west regarding the railway situation
there After the first call there was a complete
change in the temper of speculation and the
feeling of weakness and hesitancy gave way to
that of strength and almost buoyancy. The
market was also more active and prices recorded
an advance of 4@1A per cent, with Pacific
Mail, Delaware, Lackawanna & Western, West
ern Union Telegraph, Union Pacific, Changers
and Gould shares as the features. In the after
noon the market was comparatively firm, but
near the close, under realizations, Chicago s.
Northwestern fell off II per cent. to 117%,
Oregon Transcontinental q to 90, Union Pacific
q to 775s and Chicago, Milwaukee g. st. Paul "a
to DIX. Outside of these shares the decline
was merely fractional Pacific Mail and Della
ware, Lackawana g. Western continued strong
throughout. During the day New York Central
sold at a difference of Il per cent. between cash
seller three days and regular, and the stock lent
at "a OK per cent and later at 1 1-16 for use
After the delivery hour the stock was quoted ex
dividend of per cent. quarterly. The street
was flooded at times with rumors regarding the
probable action of the Northwestern pool. The
steamers for Europe to-day took out no gold
OF thirty leading stocks, fifteen closed higher
this evening than last, twelve lower and three
unchanged. The result of the weeks trading
was generally higher prices. Compared with
last Saturday, of thirty leading stocks twenty
three were A@1A per cent. higher than week
ago, with an exceptional advance of per cent.
on Cleveland, Columbus, Cincinnati s. Indianapo-
lis. Exports of specie for the week ended to-
day, $685. 900; imports of specie in the same
time, S15O,OOO Sales of stocks for the week
1855 shares.
The transactions aggregated 2O2, 900 shares:
Delaware, Lackawanna g. Western 100000;
New York, Lake Erie & Western $4,000;
Lake Shore 5000; Chicago & Northwestern
5000; New York Central 5000; Pacific Mail
1900; Chicago, Milwaukee s. ST. Paul 100000;
Texas Pacific 5000; Union Pacific Is 900; Ore
| gon Transcontinental $4,000.
MINING STOCKS.
No improvement in the mining market. Sales
of Consolidated Virginia at 1s, Annie 10, Hall
Anderson 130@125, Standard 1896, Robinson "a,
| Central Arizona % and Sutro Tunnel 10. Bruce,
which yesterday advanced from % to SO, opened
this morning at 40 and at the second call
in Standard, Iron Silver and Chrysolite unsettled
the market and there is less disposition to trade
| than early in the week.
BOSTON RAILROAD AND MINING.