St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-03-04
EyENrNa REPORT.
GOVERNMENTS.

Money easy at 202% per cent, closing at
9. Prime mercantile paper 405R percent. Ster
ling exchange, bankers bills steady at $4.S6&;
do. ex. demand, S4.S9A. .......
Governments-Steady.
Bonds-Railways firm. .......
State Securities-Quiet.
Stocks-Speculation at the stock exchange
opened strong and higher, except for Delaware,
Lackawanna g. Western, which was weaker, sell
ing down from 1293 to 1874 for regular, and
from 1907 to 1913 cash. The stock was in active
demand for borrowing purposes at the opening,
when as high as z per cent. was paid for
shares. Later the rate declined to q the
greatest difference between cash and regular
was Il but late in the day sales were mads at
12S cash and regular. In the afternoon the stock
moved mp to 1891, reacted to 1888 and closed
at 1881 at 2:15 p. m. Many of the bears settled
privately, and in consequence no stock was
bought in under the rule. Total sales of Della
ware, Lackawana g Western were ia, $50 shares,
of which 49, 900 were cash; the price left off at
12S2, 1% below Saturday closing. Shorts in
the general market were much disturbed by the
movement in Delaware, Lackawana g. Western,
and early in the day the demand for active stocks
was brisk, and prices rose Z to 22i the latter in
Union Pacific, which sold up to s12l; Louisville
& Nashville advanced l IS to so, Lake Shore e
to 1048, Western Union Telegraph e to 755s,
Central Pacific u to 6SA, Chicago 6 North
western to 118H, Chicago Milwaukee s. ST.
Paul l g to 917s and Pacific Mail g to 51b.
After midday weaker feeling set in and there
was decline of 104 to per cent, Union Pacific,
Central Pacific, Louisville 6 Nashville, Northern
Pacific preferred.s Philadelphia s. Reading and
Union Ta1aUronh laodip.. sha
movement. In the afternoon there was good
buying, on reports from the west that Colorad o
rates had been restored Northern Pacific pre-
ferred and Oregon Transcontnental were the
special features, advancing to AVS and 20la re-
spectively; Chicago & Northwestern sold up to
1888, Canada Southern to So, Chicago, Milwau-
kee st. Paul to 91zs, Rock Island s. Patio to
121A, Lake Shore to 1O45s, New York Central
to 11714, Northern Pacific to % and Western
Union Telegraph to 1875, all highest prices of
the day; the market closed strong. The strength
of Louisville s. Nashville was caused by in
creased outside buying on decision of the U. S.
circuit court which declares railway commits
sioner to Tennessee unconstitutional, and also
on a decision of the supreme court of the state
denying the right of the state to tax Louisville
6 Nashville's Chattanooga and ST. Louis branch.
AZ OuS llALS Nul4uS INC iutTc WIS U
difference Of q to e be tween Lake Shore and
Union Pacific, cash and regular. In the loan de-
partment Union Pacific lent flat to. Il, Northern
Pacific preferred 1-64 to 1-32 Louisville 6 Nash
vile fiat to 1-32 and Lake Shore fiat As com
pared with Saturdays closing, Union Pacific
is 25S higher, Canada Southern and Chicago &
Northwestern y, Chicago, Milwaukee & st.
Paul / a. Rock Island & Pacific u, Louisville &
Nashville / Il, Lake Shore u, New York Cen
trail l. Northern Pacific preferred 13, Oregon
Navigation l, ST Paul, Minneapolis 6 Manitoba
l Z, and Pacific Mail and Chicago, Burlington &
Quincy e, Minneapolis g. st. Louis u to 16h,
and St Louis 6 SanFrancisco 2 TO %. Suspen-
sion of H. H. Landon was announced at the
stock exchange; Howes & Co., of which he is q
member, made an assignment to F, G. Stovekin
to-day. The st. Paul, Minneapolis g. Omaha
company sold 81, 100000 of its per cent consols
TO H. B. Hollins 6 Co, the highest bidders
company authorized to sell bonds. Gold ship
ment to Europe tomorrow, bars and coin,
$2,O50,OO0.
The transactions aggregated 465, 900 shares /:
Canada Pacific 1000; Central Pacific s. 600:
Delaware, Lackawanna & Western. ia. OOO: :
Lake Shore 10000; Louisville & Nashville 81
600; Missouri Pacific 1000; Chicago 6 North
western $4,000; Philadelphia & Reading IL. 600 /:
Chicago, Milwaukee & st. Paul so 900; Union
Pacific 81, 900; Western Union Telegraph II 900 ::
Northern Pacific preferred $4,000; Oregon
Transcontinental 5000.
MINING STOCKS.
The market opened weak and extremely dull
for mining shares, the transactions at the first
two calls having aggregated only $500 shares
The general tone was firm and Eureka sold at $40
@375, Bonanza King 1000, Bodie 1925, Belle Isle
25, Robinson 81, Consolidated Pacific 49, Sonora
OF, Sierra Grande So Martin White IS and Rap
pahannock $50. There was increased activity in
the mining market this afternoon, and prices
were lower Sales included Silver King at 600,
Harlem O6, Robinson 80, Bonanza King 1000,
Eureka 4O5, Central Arizona 300S5, Sonora O6
and Rappahannock 1916. Charters, 4,762;
clearances, 13,s54,OOO. United Pipe Line Ger
tifcates opened at 100, closed 1044; highest
price 1868; lowest 1042s
BOSTON RAILROAD AND MINING.
Old Colony. .....18S Bos., d & E. 7s........