, 1879-05-06

london. lent. tiont. |
Nov @ q 4s:....'..'1@a;s 1, 1o;.s 1o;s; 1SiM 11I;:
new 4sas .ssss....s .!nn:A tM'itc 1'""4
lu"4us ......s. .s'-s" intss !nL'W ~ ,c.....
Consols were 90 1-1a ut tic opening, but they
aftcrward declined tu Us I51f.
Foreign exchange was atrong. Tho locnl
supply Of bills wns fnir. tn Chicago sterling
eraln bills wcro 4si1G Tor 6o.day bills AMI ls52l
for sight, md French wcro strong at 5000
5201l for Otday bills. The actual Chicago rites
for sterling worc iSG4 nnd 4si9l. III New
York tic actual rates wcru 4SUA untl 4s7'1.
Tic postcd rates for sterling weFc 4S7 mud 4SS1d
French banscrs' bills were tlG1G md 5li, AMI
sactual rates wcra o1s1a for G0days and 5lGA on
demand.
Business at the Chicago banks was lcss acttro,
Us tho uoard Of Tratu ienIand 10 provide for
the 1st OF hay has Rbatcd. Discounts were IN
only moderate request. Rates arc GG17 per cent
on call. aud 7l3 per per cent on time loans,
with some small transactions nj Soto per cent.
Tile demand for New York exchange is strong,
Nrd, rs tho supply has.again bocomc light, re-
Mittanccs Of currency to New York may be
looked for. The cIearings wero 81, ,000, ,00U.
There was n renewal OF tho demand fur local
securities. Cook County ia Of 1872 were Rold at
1l03l, aud Chicago IL OF 1890 ut 110}{. Sales of
various amounts Of Cook County Is were made
ut 1o0N110l and interest. Tic brokers aro
buying the per cent rctuniing certificates from
subscribers ut 1001<. North Division City Rail-
why bonds were SOLD at 105h and interest City
scrip tic brokers arc buying ut D71@o3, aud
selling ut 90.
Stocks opened strong,-too strong, IN fuct
Rcalzations begun, anil depressed t!lr market.
THIS was not surprising, In vsew OF tile buoynucy
OF the last. week Or two. Fluctuations were
Irregular. and operators on tho bull side tool,
much comfort In the fact that tic tendency OF
dealings seemed to be tn the direction of the In
yestu,cnt stocks, tho Grapgcss, md the coal
roads, This cayo the market some stcatIlncgs.
But at tic close q review OF tho davis proccctl-
ings revealed Tint priccs, with but few exccp-
tions. had lroppel. st. Paul was strong IN a:-
count Of the favorable effect Of the rains
on tho crops. The common opened at ~,
advanced to 44h, and fell of finally to 1884,
II net gain for the day of V, TIN nreferrctl
went up from 8fi6 TO IS, closing ut s41<,-a loss
of u. There Ia said to be stronr uartv in A.
Paul, They hayc tho credit, accor,intt to street
ruu1ors, Of having loaded nj With It ut Hsf7sa
After raising II last week tn 48sf. thcv drnnnct1
it n 9os< tu rct Il pettcr hold. Nort,,wrst com.
mon was less neglected than during tno rcrrnt
spurt II, the Southwestern fnnrIcs' II oncnc1
at OK for the common. md sitter rcacl,inr a
uuotaiion of Goys. closcl Mt G11<. t1,c nrcferrc1
,,,,cnrt1 ant1 eIoscd nt mt Thn 4ta.ronn hnr.
era u who adyerttsca tl1emactvc. in inrc shore
lid not prevent fhc, price iron, droppinr rom
n to TAX. Michigan Central closotl at tbo low
est prico of the t,ay. Bl.f.-n decline nf " New
York Central VIVA f,rm at 110. Illinois Central
exhibited tho stimulating effect OF nm inyc,t.
,nent demand BY rising to y7l;.
Burlington g. Quincy imnroycd ". ia
1tcit. .,..t 1,.nu S.n...