, 1879-03-20
Other Grain Easier in eympAthy-..A
Western Ecaotiou.


Tie nrol,abin cpurso Of Tim money nanrket /
next month is tic live nucsttou amnnr hu,tnnss
msn and etock ouerators. Tho n,auranccs q!
Secretary. Shcrnnn TINT he wifi call lor tic
money duo on subscy]n,Iona for TIM i pcr cents
Guly 30 fast as the called bonds uro brought IN |
docs not prevent the scnstIrcncss uf rnnltnl
from Imagining trouble, rlc weakness Of |
stocks, a break in foreign exchange, md bard-
unlnr Of tho rites Of money in New York nrc
due the aoyernment by Tim t,cnosItorv t,nl.
has tncrcascd from Si1,o9p3tg ian. Q m
so4e5so,eO0 On Mnrch /, This enormous
sun, 10 Utmost nil owed for ! ncr
cents. In previous settlements rs much as
one.th!rd Of tic bonds cal,cu lnye mt tpcn
gathered in. II this proportton should he RI.
uoatcd III this case, the amount Of money IL
would be- in Secretary 91lcrtpan,s nower In RI.
move from Wall strcct Into tllc Treasury vaults
would tc enormous. tut az the arcrctnry- has
stated distinctly lint he would call for ,ls. INV.
mcnt of tho snt,scr,nttona ou1v oa thc cn11c1
bonds cane In. there seems 10 rcaaon to cxncct
nny disturbance OF the money market. A e1irht
strnrcncy would uot 1,c s,,rn,ialfr. na ,orro rc,
1Dit,auces arc called for Ia make 3ntcrior srt,c.
mcnts in the Middle n,ul Nuw Enriutl stntca IN
April
in Chicago tic bonks renort n inIt ,1etnona
for loans There is Iit,)o l,oar,I Of Tro,tc de-.
,naud on aecoupt of t,c ansenco of n,o,lt in
carrv1np atufI. Mcrrnnt,jr md ,nt..c,forcnrs
applcottons nre generally l,cbt .nt ,h,a se,eon
Rate. arc weak uud variable. On I'm. ~ rect
short ,oaus are In too,,cst ot mr. ccn, mr. nv
mum. The bank rates aro bla her rcnt m mi, ~
or cash collatcrals, md fN0t6 nsr cent m t,mr
The currency movement is s,ua1l. T1,crc ia n
fair country demand for Nav York rc,nlttnrccs
and n good suup|y of Il from Inca, ahinncra
Bank clear|prs were sa.tpO}oon
South 8tdo CITY RuIl,rnv atocr nm. oo,,, a,
1U7k,
Htocks were trr.p,tar md ,voo,, .,or,,,
acstyc ia New York Mt htrhcr ra,o, mi ,,'.,
stocl, martet wns unfoporat1v ofToo,of Nov
York Centrot t'cr,ro, " ~ 11o1|, ,t,.,.,...',
Ccntral ", to 80,x: IaEn s),oro ~ NJ.
Northwestern common dccltnc,l 5ron, s5sI ~
5456, but IN the afterooon n mt, ,uvnv ,navo.
mcnt began, and the nrico rcrovorct, ~ sS. N.
preferred went down from m n at1< ,r,,,' ;"s
subsequent recovery to SIX. r. paui e,,,',n,a,.
opened Mt 38sk, declined to A7M. md cl,sc,1 n,
Bs2{; tho preferred fell from Sas< to s1a<tnn,l
rcfnvcrcd Ia saaf. A1ton ,vhf,i, .,,s,n. I4r a."
nroye1ncnt far lin accon, ,roa, g., sT,so,, a ''
n I'm j., oor,,;ros ssna WA ~, ~ s'aleh o.
So'1.o ~ sas''ass' was steauy at foa. kansas
Thr 1rat nort,,nro ho,5. ta-. - ~ ~ =" :"
'.s .na e. no LUZ oo"S i.aSo gone oaeE TO TIL,
and the seconds to eaa>4. vt. Louis & San Fran-
@ s nn thu se9n FLOCK aocl,oea from to
a,Z ~ a'' q. I 1aa s'eqno pfelestea from to SAG
ynpccl II. IN Hi<. ami tbc nr,forr.,, ~ =, oas]
Kansas p,,, ~, w. s ~ ~ ~ ''set,ea @ -, 10 oaA.
aenue"S laehtc WIS OIL n, 70 2u4. Western
Union advanced 58, to 104N. The conl stocks
were 1ffeoular, Jersey Central losing ", and
closing at "; Lackawanna opening and closing
at 461s; and Delaware Il Hudson ginning N, to
4GH. st. Joe Wa8 quiet, tlIe common rc.nninfnr