St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-04-20
EVENING REPORT.

EVENING REPORT.
Money easy at 1902 per cent.
Prime mercantile paper 1854 per
cent. Sterling exchange, bankers bills steady
at S4.87R; do. ex. demand, S4.S9A.
Governments-Quiet.
Bonds-Railroad bonds weak; New York, West
Shore & Buffalo fves broke from 5414 to 52K.
State Securities-Dull.
Stocks-The stock market opened generally a
small fraction higher for the majority of active
stocks, Missouri Pacific being q per cent. higher
In the first fifteen minutes there was q further
advance of B@5s per cent, but from O:15 until
about II AS or near 10 the market was dull and
dropped gradually, becoming weaker under some
hammering Of trading. Shortly after 1890 the
bears attacked Union Pacific and started report
that owing to the decrease in earnings, it would
pass the next dividend. This report was en-
phatically denied by the Union Pacific officials,
but before the denial became known the raid had
gathered strength and the price of Union Pacific
was depressed "a per cent. to 672s. By 2 o'clock
other stocks were also raided to limited extent
and the decline became general, though not so
important in any cases. Besides Union Pacific
and Canadian Pacific, which under raiding de-
clined per cent to 1875, were Ohio & Mississippi
to 1917, Canada Southern Il to 49A, New Jer-
sey Central to S414, Delaware, Lackawanna &
Western 70 to 11SA, Missouri Pacific "a to sO%,
Louisville & Nashville q to 46A, Chicago, Mil
waukee & st. Paul Is to $50 and other stocks
3s@4 per cent. Canadian Pacific was exception
ally weak and declined 81 to 4S, recovered to so
and fell back to 40. In the last hour the decline
continued and prices fell steadily without re-
action until the close which was generally at the
lowest prices of the day. The general result OF
the days trading was governed by the attack
made upon the market in the afternoon. All
active stocks on the list with the exception of
Northern Pacific common and New York Central
closed lower than last night. Union Pacific,
which was the leading feature, was traded in to an
extent of over 10000 shares and shows decline
for the day of 52s per cent The other declines
were: Canadian Pacific "a per cent, Denver &
Rio Grande l, Missouri Patifc 1, Philadelphia &
Reading q, Chicago, Milwaukee 6 st. Paul a,
Chicago, st. Paul, Minneapolis s. Omaha common
1HRnd preferred IL other declines less than
per cent. Application has been made to the
Stock Exchange to list $10,OOO,OOO Louisville &
Nashville collateral trust bonds dated March 1,
1882, and due in 1922. The bonds bear per
cent interest," have a sinking fund and are con-
vertible into common stock. These bonds were
negotiated year or more ago. The New York,
Lake Erie s. Western also applies to list S5,OOO,-
900 collateral trust bonds bearing per cent. in
terest.
The transactions aggregated $4,000 shares:
Central Pacific 5000; Delaware, Lackawanna s.
Western $4,000; New York, Lake Erie & West
ern $4,000; Lake Shore 1900; Louisville s.
Nashville 5000; Missouri Pacific $4,000; Chi
cago & Northwestern 5,000 Pacific Mail 5000;
Philadelphia & Reading ii 900; Chicago, NIilwau-
kee 81 st. Paul $4,000; Union Pacific 1885, 900;
Western Union Telegraph $4,000; Northern Pa
ciic 11,0OO; Canadian Pacific 5000; Oregon
Transcontinental 5000.
MINING STOCKS.
Mining market practically neglected. Hall
Anderson sold at 1875, Belle Isle 35, Green Noun
tain 205, Breeze &C. Iron Silver 80 seller thirty.
s5 seller sixty and 80 regular, Leadville 35 and
Sonora 07c.
ROATON RAILROAD AND ,rrNr1nrc