St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-04-08

EVENING REPORT.
Money easy at 1902 per cent, closing
offered 4. Prime mercantile paper 4@5h per
cent. Sterling exchange, bankers bills firm
al $4.S7H; do ex. demand, S4.S9h.
Governments-Strong.
Unconstitutional bonds strong and higher
New York, West Shore g. Buffalo fves, however,
were exceptionally weak and sold down from 5516
to 53% regular and to 53H seller. One firm,
heretofore large buyers of these bonds were free
sellers to-day. Canada Southern frsts rose to
1919 and subsequently lost the improvement.
State Securities-Quiet; Tennessees, old, 43h,
and ditto mixed 422f.
Stocks-The week opened with lower market
for stocks and in the first fifteen minutes prices
declined 1s@ss per cent, Lake Shore and West
ern Union Telegraph being the greatest sufferers.
At the first call there was an improved feeling
on a report that several of the most prominent
railway capitalists had held conference and re-
solved to support prices at or about the present
figures. Following this there was sharp de-
mand for Union Pacific, which rose from 70H to
T14, the transactions on the way up being enor-
nous The rise in Union Pacific led to purchases
on the general advance to realize profits In the
afternoon, under sales to realize profits, the price
reacted q @5S per cent, but in the closing deal
ings there was rally of 1s@h per cent. Pa
cifc Mail led the recovery and the market left
off firm. The rise in Chicago, Burlington s.
Quincy to 1851 Saturday is explained by the re-
port that the company intends to increase its
stock by 10 per cent and offer the same to stock
holders of record April 10, at the rate uf ten
shares at par for each 100 shares of stock hold
ings. Compared with Saturday the closing
prices are sol per cent. higher for Chicago,
Milwaukee & st. Paul preferred, Mich gan Cen
trail, Missouri Pacific, Missouri, Kansas 81 Texas,
New York Central Northern Pacific preferred,
Oregon Transcontinental, Pacific Mail, St. Paul,
Minneapolis & Manitoba, Chicago, ST. Paul, Min
neapolis & Omaha and Texas Pacific, and B01
per cent. lowerfor Chicago, Burlington 81 Quincy,
Canada Southern, Central Pacific, Chicago 81
Northwestern, Chicago, Milwaukee & ST. Paul,
Delaware Lackawanna 81 Western Louisville s.
Nashville, Lake Shore, Philadelphia & Reading,
Wabash, ST. Louis 6 Pacific preferred and West
ern Union Telegraph. Oregon Short Line de-
clined per cent. to 90, Chesapeake & Ohio first
preferred q to 25 and Spring Mountain Coal e
to 1875.
The transactions aggregated $4,000 shares :
Delaware, Lackawana q Western $4,000; New
York Lake Erie & Western 5000; Lake Shore
$4,000; Philadelphia & Reading 5000; Chicago,
Milwaukee & st. Paul 10000; Union Pacific
$1,000; Western Union Telegraph 81, 900; Oregon
Transcontinental 5000; Northern Pacific pre-
ferred 5000.
MINING STOCKS.
Only q small business in mining stocks and the
market weak, Horn Silver being the special fea-
ture and declined to 750 on unfavorable rumors
respecting the financial affairs of the company
and the decreased shipments from the mine.
Union Consolidated declined to 21O and Consoli-
dated Virginia weak at "a cents, assessment
paid; the assessment of 90 cents being deducted
gives only cents as the price for the stock.