St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1884-04-22
EVENING REPORT.

EVENING REPORT.
Money easy at 1902 per cent.
Prime mercantile paper 4051a per
cent Sterling exchange, bankers bills dull
al S4.S7l do. ex. demand, S4.89A.
Goyernments-Firm.
Unconstitutional bonds weak and lower; Ches-
apeale & Ohio, series B, were point lower at
103, Denver 81 Rio Grande Western tirsts 10
lower at So, Oregon Improvement frsts 4 lower
at GAY, and New York, West Shore & Buffalo
fves / "a lower at 51A; New York, Lake Erie So
Western seconds steadier in the afternoon at
6335, SO, 831l.
State Securities North Carolina consol tours
sold at S4
Stocks-The stock market was apparently I'M
der control of the bears in the forenoon and they
sold everything right and left. causing general
decline on all stocks. The heaviest swing was
in Union Pacific, after which came Chicago, Mil
waukee 81 st. Paul, New York, Lake Erie &
Western, Delaware, LacEawanna & Western,
Philadelphia 81 Reading, Lake Shore and Western
Union Telegraph. Considering the heavy swing
in Union Pacific by the bears it was remarkably
well sustained, says the Post, and the lowest
price it touched in the forenoon was only % per
cent. lower than the lowest Saturday. Undoubt-
edly good deal of long stock was brought out
by the Decline but the outstanding short interest
was also largely increased. Coal shares all weak
ened by the unfavorable situation in the coal and
Iron trade. Still another item which helped to
weaken the market was the announcement that
81, 900 in gold had already been engaged for
export this week. There appears to be no real
progress in the settlement of the Trunk Line pool
difficulties. After - 80 the bears apparently be-
gan to think they had rather too much company,
and therefore began to act more cautiously, the
activity in the market diminished and after a
further decline of Is @5a per cent and in half an
hour to per cent, the latter for Northern Pa
cic preferred to 1868, the market became tirmer
and after some fractional fluctuations the general
range of prices was small fraction higher at :
than at II 80. In the last hour there was a
general recovery to an extent of 166l1 per cent,
with per cent. on Michigan Central to IS.
Louisville e Nashville recovered per cent. to
d, Canada Southern to 492l, Bankers s. Mer-
chants Telegraph I to 11S25 and Union Pacific e
to 67%. The whole market closed strong. Out
of forty stocks traded in to-day twenty-seven
closed lower than Saturday, eight closed higher
and six unchanged. The principal dealings were
New York, Lake Erie Sc Western ia per cent,
Northern Pacific preferred Il, Oregon Improve
ment 4 and Philadelphia & Reading per cent.
lower After all its hammering Union Pacific
closed q per cent. higher than Saturday night.
Chicago, Burlington & Quincy also closed q per
cent. higher. In the afternoon Pacific Mail and
Oregon Navigation were both quoted ex divi-
dend. A director of the Canadian Pacific Rail
way company says neither he nor any of his col
leagues have sold any of their large holdings of
stock
The transactions aggregated $4,000 shares
Central Pacific 5000; Delaware, Lackawanna &
Western $4,000; New York, Lake Erie 81 West
ern 6S, O0O Missouri, Kansas s. Texas G,O00
Lake Shore %. 000; Louisville s. Nashville 5000
Missouri Pacific p 900; Chicago g. Northwestern
5000; Pacific Mail 1000; Philadelphia s. Read
ing $4,000; Chicago, Milwaukee 8 ST. Paul
5000; Texas Pacific 5,O00 Union Pacific 119 900
Western Union Telegraph $4,000; Northern Pa
cifc $4,000; Oregon Transcontinental II 600
MINING STOCKS.
The week opened on an extremely dull market
for mining shares. Iron Silver weak and declined
TO sec. Horn Silver sold at 81 and Sc. rs seller
thirty. Rappahannock IS, Sonora SO, Sutro
Tunnel 49, Robinson 90 and Breeze 25.
pocTON RATIROAD MINING