The New York herald., 1874-09-09
ockS Active,
Unsettled.
but
NO FOREIGN QUOTATIONS.
GOLD 100 SO A 100 3-4.
Foreign Exchange Again
Marked Down.
WALL STREET,

TUE sDAY. Sept SO p. M.
The street was without foreign advices to-day,
owing to an IN nterrupton in the French cable be-
tween Duxbury and ST. Pierre and damage to the
land lines IN Newfoundland east OF North Sydney.
The extent OF the damage not being known ex-
pectation was alive throughout the day in the
hope OF communication being restored at any
moment but business closed before any advices
were received. The interruption to-day was Pc
culary unfortunate in view OF
THE GREAT INTEREST NOW FELT IN THE BREADsTUFPs
MARKETS ABROAD,
which ia now the most Important feature OF the
whole financial situation. 1t Is essential to be
borne In mind oy all who view the fabric OF our
prosperity that it rests mainly upon agricultural
production. Cotton and cereals are the pillars
that support 1t. The mining interests OF Pennsyl-
vania, coal and iron, and those OF Nevada and the
other gold producing States, with the manufac-
turing industries OF New England, are simply the
Mowers which ad0rn the capitals.
THE RESPONSE OF CHICAGO
to the advance in Liverpool yesterday was prompt.
the market there opening quiet for wheat at 944c.
cash. 94Hc. for September and 93hc. for October.
Corn advanced one cent, to ANc. cash; 743<c. for
September and T4hc. for October. Oats were ir-
regular, at 45c for september and 44Hc. for Octo-
ber. At noon the market was active and higher,
with wheat 95 nc. for cash, advance OF one cent
94%c. for September, an advance Of nc. Corn ir.
regular, active and higher, at 1870 cash, an ad-
vance OF one cent; and 74%c for September, an
advance OF &c. Oats were quiet at 45Ac. for cash
and September, an advance OF &c. on the latter
At the close OF business q iurtner advance was
noted, and wheat improved in Chicago to 94zIc.
for september, being o further advance Of &c
At Milwaukee, $40 P. NJ, wheat was firm, No.
Milwaukee 81 O4, No. do. 9sc and 957Sc. for
m aOQin tO
74Hc lor September. These prompt advances, in
the absence Of any further advices to-day corrOb-
oratory OF those OF yesterday, show the confidence
felt In the crop movement IN connection with the
Mutation in Europe.
THE STOCK MARKET
opened at an Improvement over last nights clos
ing prices OF u to u per cent. In the dealings be-
fore the board prices further advanced about y
per cent, Wabash later leading fractional decline
in dropping from 33 to 32X, which was shared in
by some OF the other stocks. Later at the board
the market recovered to the best prices Western
Union touching 1914, Union Pacific 3lH. Wabash
B2X, Lake Shore lax, New York Central 10411,
Northwest 3s, Rock Island 1OlH. and Pacific Mail
l0k. Shortly before one O'Clock Wabash broke to
Blk and Rock Island to 1905, but the remainder
Of the list was comparatively steady, and contin-
ued 30 at the second call. The market
had thus far been either firm or steady,
being Influenced by the reports noticed above
concerning breadstufrs and the hopeful expecta-
tions they presented of an early crop movement,
rs we'll as the encouraging character of the do
mestlc market for dry goods and the increasing
inquiry from the interior; but later, the yellow
fever despatch also quoted, threatening delay in
the marketing of our cotton, mad its influence, and
prices reacted from 4 to per cent In the general
list The principal activity to-day was in Western
Union Union Pacific, Lake Shore, Rock Island,
Pacific Mail, wabash and New York Central The
advance in Union Pacific was still stimulated by
the success attending the effort at funding the in
come bonds into the sinking fund bonds. which mas
brought out large orders for the stock. not the
smallest being from Boston. The subjoined table
ryes the sales OF each stock during the day, as
AsO