, 1879-08-13
The Produce Markets Rather Quiet,
Except Corn---provisfons and
Wheat Stronger.
Corn Opens Weak, but Closes Stcadier
--Freights AdyancinK--Stocks Of
Grain In Store.
FINANCIAL,

bA4ht VI "s<1S* Ah@ III" T~A~ A~N|Y "'fA +S1f4t
tho Is 1o24 aud 1o2j5kE, uud the os Of 1881 1oaA
and 1041{.
Foreign exchange was weak In the absence Of
demand and tho presence Of largo supplies Of
cotton bills. Prices were all on lower level.
posted rates for sterl'ng wcro 4s21< and 484}4.
Actual transactions In Chicago wero at 4Sl14(1
4s3A, anu III Now York wcrc at 4s116@4s1K and
483116@4Sa4. Sterling grain blis wcro 40 and
49,. French eraln bitls we're 5ass<, aud French
bankcrs' bills were a2316 and 52os&&.
Consols we're " higher, at or 0-16.
Chicago ls now ordering currency In larga
amounts from Nav York. The dcmanu from
tho country for money IL now heavy, but does
not yet Affect the money market hnEe. In Now
York theso are sy1nutotns Of more actiytty.
The tendency OF discount lines Ia still down.
ward. Rates arc Ago por cont on call, anl 7t1s
Der cent on time. Bank clearInga were s3,ot0,1
900.
Stocks wcrc fovestsh. Lako Shore wns the
centrc Of Interest, and was very irregular,
opening Mt 021hS, selling up to %, down 10 0o7<,
ami closing ut OF. The clique who aro pushing
up tho price OF this stock givo out par as tho
figure 1t will rcaeh md retain. The Insiders
attribute their faith In the stock ess to tho story
nbout merger OF Lake Shore and New York Gen.
tral than to their knowledge OF Its increased bus
ness. THIS ia declared to fnsuro per cent
dtyidends. These assurances would le more
satisfying II they did not cumo from the san,o
parties who q short time ago wcrD warning of
their friends because Lako Shore was "too
high" or thigh enough" Considerable stress
is laid on tie fact that D. O. Mills Is next TO
Vanderbilt the largest owner ot Lake Shore.
in 1v"a,crn rrnon and ~ ;1,nh, ars .rorttrg
tooot1,ar pnt Nil. ). ror,,tr,y rot bnrt,tr ~
t,,es. nrfccs Moro ,,,so,v ha Ia r. self.r Nnrth.
,r"v,or,, oo,,,r ~, ,,,l .-ar.-.oa vi q, n,r,
nr,forroa -, .,o advances ~ paut co,,rno,, ia.
n,,..;, ~ -, n~1% N,.t,,-a..o,a e,r,,nn,
rcoc,,sa 81 h,,t r,osoa ~ :oaI Tho ,rs,errol
rnaaa1l ~ oa7I y, po,,I ,rafsr,.1 s,1 san"s'1E r
- oat< ~. % M',,t,,,r.s.a-p pn.a .s,s. 49," ~
~ nj in c.rnInga ,ho mat ior ~ MI. -coE 4
aa,s,,n., -, .,a ta,,. ,,", .hs 49,
o -aJ J.. .t ~, H., ,,or, n, r.. ,oL, 10 ,.r .ot
~. a.. ~, -. .,ro,, 49,.
cent m -, rretarrod stocsr A. p,,,, conmnn
Nnrts,sas, 'ss .,,n,nnr, sn' 1,,n ahora sso nor
c,a.sr hv tho % buIs a. rcrn1ar dyiIeod ] m svInr %
s,ocrs IN rrcot :. ,hn chanre IN on,n,on ,,,st
nnnr are morn cnerrettc M IN nrcdictlnr III % nar ~ for
Nn-,nwc,, @ ct,non than thoae h. VIM soss ,1 .a,.;na
~ sa', ~, as,"a ~ Wv .at ho .S.o .
n,n,stinns A. fsr NJ cou,d hc ioo,nsi, ' rsa,tx.
mr. ,raa thc nrinrna, tns,ncas -, wr.torn o,,ar.
otors .rbero wo. a ,erpn vo1umc n salcs ,r,i,o
rc.tcr,ov Nh t,hfcoro acrount Rncc,,,o,ora NO.
fcrrcd 70 nockrt thr,r l,uuis anna nroi1ta ro,Isr
linn tnku further risks In a marra. which,
,ooLa dcctdrd,v i,i,xy +, Ia ov,,tcn, INT
,he proccss NJ iloui,at,n, thc rtso /. IN fn,l
,neratInt. rhose vim think nr[rcs have oone
far ono,,p, nro srlttnf, th,r atncks IN ,hoao whn
think t,ny will pct 85 for A.. pnu1 au, mar n,
Northwest common, 1l,ero ia pood authority
for saving ,hut t1lc ,nstdors. in Northwe.t
csueclal,y. have sold out, But there ia not. "a
for. muei, OF short tntorest In thu oroncor
stocNs. Dlsnatrhcs vcrc foruar,,ct1 vc.tcrdav
To heavy New York Grain houac, from their
orentE IL 1owa md Miuncso,a lint Tho yict1 n
wheat IN ,hoso States had hcsn ,r,,ch .~.
appcrate1. Tin ctfert of thr.o adytce, VA. IN
apnd whcat nm. md il may iraf 10 tbc lorna.
lion Of pouerful short Interest in the f3ranrer
atock..
Eric took a rtt1e .,art. and went I'm " IN
aaK. 81. i'm nrcfcrrc1 oa,nc1 ~ tn satf. ncfo.
'ware a. Hud.on X. To 4SA{: Inrkau.nns ". IN
G011: Jcrsov Central x tn MAJ. Kansas 4,
Teyns X. IN 1f,s<. Konsa. Cttv * II notf, E,Ia
nrefarreI ~ IN 5aa<. ard Nnrt,ern pnc,a, Il
=, 1es| @s' ~ ~>%' Ns'~' AVA '~'AS ~
hos<: a. Inn,s - snn Er.ns,.ro n"ata,.aS = y -, -.
i5I ,ne eoon s " san - ,, pfe'et.fa -
nroia.,.a ~ -, s1s| ~, n ~ nao'os os.1 IVY
ST.. paul pcr cont sinking funds woro 100;
Eric second Ga, 7G16G07GH: and Kansas 9.
Texas ilrsts, 75@7sx. ~
transactions wero snsiler % linn dnrne, ths .ssp
and 1T, txss was sr.ss
in prices va. recorded. Tho leslins toatures
wore the New Jcrssy Ccntrnl, Rome, Water
town t. Oedensburg consolidated, milwaukee,