, 1879-02-22
FINANCE AND TRADE.
Prompt Payments...conditlon OF
the Money Market.
Our Trntto with C1,ina---Quotn-
ttons Of Stocks, Etc.
Tho Produce Markets Irregulas---More
Doing in Provisions, at In
proved Prices,
Grain Depressed Early, but Reacted Towards
hoen...Ltsx Doiag In Brealstuls.


h0eQ'-'AcSa N0lHf IN bfca4Stlnss
FINANCIAL.
A. expected. the payments due tic &ea.aM
werc met to-,lay (FrdaY), 80 far rs nc hcard,
without MI exception. 'flIe fact Is, men who
l,uye money hnvc simply 10 girc check for
tl,vir notcs, MD thoso whosu accounts arc low
have only 10 make a note nntl check for the
amounts falling due. The fact Is III marked
CONTRAST with tic "shtuntng'' which sl,nllar
circumstance would have cauecd fcw years
ago.
The dcmnnd for currency from country cts
toners Is moro ac.lso, al,d hencu New York cx-
chanCo Is weak between banks. Rates with
them arc, therefore, variable; but to customers
the prtro IA steady, VsL. Lilo premium. Tile cx-
tra payments OF to-day may ntso hare Ind some
thing 10 do with the more active demand for
currency.
Owing to tho prices Of hrentlstuifs and pro-
visions ruling o. n general thing aboyo thy views
Of buycrs for European ACCOUNT, foreign bills
arc source. while at t1e same tme the dcmn.ld
for foreign cxchaageas moderate. a strlnkagc
here Or a rise on the otllrr side, would ut once
produce mosu active market.
With the exception OF more ncttvity sn note
paying, business generally is quiet; but tho ug-
IEGtAlc6 4uT &hN EellsbH AEE lArAEs lnA IepOflcu
above the syerago Of Ill previous years.
Discount lines roma!n high, hut tic banks
havu m abundance Of money to meet all the de-
nards Of customers. Somo report deposits
stcadiiy incseasing,-an unusual thing Tor this
ti,nc OF tho year. Ruling dtscuunt figure per
cent, with exceptional case8 at 1G12 per cent
above or below.
The bank clearings wcro St, 11,e01,00
Government bonds nre still 10 artlre demand,
Quotations: United States Is '8t, 1Us}akz(DIGB96;
E.20s '07, '0l54@l01; E2us '8s. 109Q1l0.1i;
10-4os 1ol11M loas<; ncw Is Isl, tol1t6A1o4ssSS;
new 4lI1s, 1c5N9lCc14!; new4 per cent coupons,
1uDGfltO11; currency Ds, 12l. Tic demand for
the per cents ia decidedly actiye, but custom
ers are Obliged to possess tleir souls in paicncc
for there aro only scattering small lots on the
'narlset. A better supply Is promised noxt
week. The subscriptions for totlay were
S5,G5l850.
In London silver rose small fraction, ruling
nt 10 3-16l. Silver bars Il, Now York, 100,3.
The New York banks llold s9,21o05 in cxcess
Of the Legal requirement. For the psico OF En-
gifBi consols antt French ru1ltes sec late New
York dispatches appended hcreupto.
For foreign exchange sec table.
THE bToOK MAHKEr.
The stock market hus been, dull, realization
continued On all the leading stocks, and about
noon the complexion Of this list wns anything
but b4lllsh. A few moments later prices grew
firm, md by o'clock the loss Of tho morning
Ind been recovered aad mn advance established
over the opening quotations. Union Pacific was
fairly active at.d IN good demand at 7O1. New
York Central rose from 1l73@ to ISL. Rocls
Island advanced to 1854. Erie has bccn tho
s,.ai,,.ss ~ ,,ss'n =" NV ''s, loi uay =, ."o'
s,.sa,as,s,. -, - 'S. ~ a.sau1 ~ ~ oh'o
nn'a S"t.I.. W. ~ ~ s.N 4alcu lue"'y ~ L.
.s.,,.''. ss".. ..esns M "e'o "'"h' t"' eo'h-
cn,o eI1.s n,, ao"n W az, r,,a' n"l recovering TO
sEa,, "na s pas's.t, ,o @oa t mss'eF Union Iel"
~ ~ 'e'1 ss, ~ ~ e'oseu NJ iV7a'
a,,,n1s ,.,' .a, 10y. ~ ~ s.osh Ea.
sto,'i,o, .r.,. ,sa.,s H. "us ~ 'ee"'''.a u'''
~, t.a "aS ossm u" e'sat'ui o"c
.1t" .,. ...o W "a.E upc'atoss ahu
As,.,o,,a ~, ,,,a 1r,,,o pa',ns .s1s ".sss'Is'
nnh1,sn.I - t. arta"n. .sa us'e % s,a''sactson arc
l"ou1u' l'1''.' - e''oe"' .hat uousa has nc-
to",h'sneo o"e OF :ne ahre"!lcst and most
plon.a1iu ~ opesa.'ohs III Tie history ot Wall
s.seu" 4ae AsoeN Hnlch, u'Mef Ills eonerolt llad
to' mapy yea's pec. avo'aca oy u'o1ey'lenders,
- % n,"' 80 80 ~ sEeaH' 1attl'3ea oy syndicate
mineA VIII siso N oettes reputation, and to
thalTAsci't increase lne pa'ae Of uould's re-
!a'n'lE interest," anu IL 'a barclY possible that,
ieea run ll'e 'anof OF alss lorer relationship,
Nv may eohcost o'her schemes rs deeply laid uni
eussss'u 10 .l's ono Jus. eohsahna'ed with re-
sut.a so eu',suc.o,y 10 als own pocket.
tah'oao oonus IN &C" tofK on Wednesday
"e.1 as''c, ,tnut" H. anu tue 'eaul's5 feature
"as u'e .. leh,asNaole Flss ~ tho Kansas Pacific
.ssuss, "n,s.l ADVANCED II pef cent Tor Incomes
w. -, WI w pes cent 'or 1neomcs No. III,
~ n'l5a' W pef cont 'or nchFer DlVtaon Trust
N.sc'"s' 10 "'' yer cent Tor uonYcr Division
with coupon certificates to %; aud pcr ce,lt
III Es M 1901. tn IN Thn r,,cnr,a l., ~. ~.
,1s -, ~ o @"""eea !" luz 9e~
tan'ooer VI tlle Al6t "cfc comparatively hlIght.
Tno New Jersey Central tssues 1nodn Fl
surtkor ,,oo,ju. ~ 1<la, """o "
aow, !, on1S f 'f '-''''t7
~ ~ W o'ia ioF eo1lsn'luatca osaented,
~ lor tohyertEbes assGntet1, 70 f0r l.chErl,
Il Wtlkcsbarre consolidated, a1i} 10 69h for do
assentcd. AZ fha r,nso th,. In - -,,.,,.n ., ~
- ~. st"'o t"o 'ast-1a1neu FccoV-
cred TO ~. Canada Southern ffrsts fell Oft to
BOX, G., G, & L. G., H.sts tn H. In anront,s T.,