St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-09-26
EVENING REPORT
GOVERNMENTS


Money easy at 101% per cent.
Prime mercantile paper 5H06H per cent.
Sterling exchange, bankers bills firm at S4.e2H ;
do. ex. demand, S4.s44.
GoVernments-Firm.
Railroad Bonds-Firm.
State Securites-Steady
Stocks-At the Stock Exchange to-day the
market opened strong and higher on an an
nouncement from Chicago that the representa-
tives of the western and southwestern roads had
settled their differences, and on statements that
the presidents Of the trunk lines had authorized
their general managers and vice presidents to
consider and agree upon plan for the settle
ment of all differences and report Tuesday next
when the matter will be acted on by the presi-
dents. This brought about buying movement
and prices rose hG1H per cent, Chicago 81
Northwestern, Chicago, Milwaukee & st. Paul.
Pacific Mail, Northern Pacific preferred, Lake
Shore, Missouri Pacific, Union Pacific, Chicago
burlington & Quincy and Western Union Tele-
graph being most prominent in the advance
After midday New York Central was ralded
down 20 per cent. to % reports that insiders
were selling and that there to be a fresh
issue Of bonds, the las: mentioned rumor being
being repeatedly denied by officers of the COM
pany. This break brought about a decline of
]4G11H per cent.on other active shares, but
subsequently, selling was checked by the deara-
ton Of the quarterly dividend of 4 per cent by
the Lake Shore directors. In the afternoon the
market cut away from New York Central which
continued weak while the rest OF the list was
strong. There was active inquiry for Chicago
d. Northwestern, Chicago, Milwaukee Il st. Paul,
Delaware, Lackawanna Western, Northern Pa
cidc preferred. Union Pacific, Western Union
Telegraph and Pacific Mail. The floating supply
of the leading shares has been reduced and
some stocks are scarce. This 10 reelected by the
lending rates, which are 1-16 per cent. for Della
ware, Lackawanna & Western, l-3201-16 for
Missouri Pacific, 1-6491-32 for New York Cen
trail aud Union Pacific, 1-o4 for Michigan Central
1-12S@1-64 for Northern Pacific preferred, LIES
for Lake Shore, Chicago s. Northwestern and
Chic ago, Milwaukee st. Paul and fiat for New
Jersey Central, Philadelphia d Reading, L. &
5. n. and Chicago Burlington & Quincy. Pa
ciic Mail was higher on announcement that the
export movement of provisions to China is as
Stunning large proportions on account Of the war.
The eompany's steamer San Pablo, which sailed
to-day, had u full cargo. Union Pacific was
strong throughout on comparatively light offer
ings. The recent report of President Adams
and semi-oiicial statements OF the financial con-
diton OF the company continue to show marked
improvement which induced purchases for long
account. Louisville & Nashville broke to 26Is
rumors that the funding negotiations were
OF, but later rallied slightly on an official denial
Of the report. In the afternoon advance Union
Pacific sold up to ST, Chicago & Northwestern 10
S9&, Chicago, Milwaukee & st. Paul to So Della
ware Lackawanna Il Western to l09& Chicago
Burlington 4 Quincy to i2lA. Lake Shore to 20,
Missouri Kansas & Texas to 1TA. Northern Pa
ciGc preferred to 43h, Pacific Mail to 81 and
Western Union Telegraph to 634. At the close
New York Central declined to 94A, but other
wise the market strong. Compared with
last night the closing prices are L4a2h per
cent. higher except for Louisville s Nashville
and New York Central, which arc A0e per cent
lower.
he transactions aggregated $4,000 shares:
Delaware, Lackawanns & Western $4,000;
Lake Shore $4,000; Chicago & Northwestern
$4,000; New York Central SO 900; Chicago, Mil
waukee Il ST. Paul $4,000; Union Pacific % 900 :
Western Union Telegraph 10000; Northern Pa
Cidc preferred 30, 900.
MINING STOCKS
There 3 moderate buainess In mining
stocks and the market ruled nrm. The sales in
cluded California nj 35D3t, Consolidated Yir-
GINA at s6G250sS. Central Arizona 90 Climax
=, Eureka S45, Hale & Norcross $40. Little Chief
ss, Sutro Tunnel II seller thirty and thirty one
and Is buyer sixty, Sierra Nevada $40, Union
Consolidated 100, Navajo SOS and Breeze 20.
San FRANCISCO MINING.
Alta. ..........-.sOo Mexican 80. $50