, 1879-02-20
A Quiet Day at The Danks---Stock and
Otler Quotations.
Caltfornlans Rcstgn'ng Themselves to
Nfckels.--Foreign Commerce.
The Produce Markets Active ard Stronger
IA Buoyant feoliug ali Around.
Renewal Of Speculative Confidence In rravl.lons
and Erta1slnEs.
FINANCIAL.

actions, Sorne of them reported order"
from The country rather better; wh'lo
others replied, not single or'lcF rccctT-
cd City customers wcsc not pressing in
their demands. Thu market may 6o auotea
nutet, ani rates Of discount Without cllnnHe,
VIZ, nbout per cctt, With occasional vasia"
lions Of tGi2 rer tent nho7e n'Id below tie
ruling figure. Discount lines arc htgl; but
etil, tile bnnks layo abundant tneans To sip
ply all tile legitimate wants Ut customers.
Deposits continue gradually to Increase. Take
II all round, bankers, manufacturers, nsnl
merchants arc doing a VERY sato and sat!sfac-
tory business.
Tile bank cleaTlngs we're S9,6O0,NEl
Government bt,ntls coo.lnur In ycilematrf. |
unised States e., 1851, l0d4DlnJlf; 5oos, ri. |
1olN@toa; 5oos, 'is, lo3!!SG9lo:7S: 1o~l0s, 1o1as
G5l0isk; new is, 81, 10l26lDlWB; new 41ss,
105a1Go109t4; ucw ner cent coupons, 1Dote |
lo0l<; currency Gs, l2f. The 1c,nurd Tor .hc} |
pcE cents Is sill clouged by tho Inability Of thc
Government to MI orders. DemaIul active.
Silver in Lo,idon 80 pence. Tte Dauk Of En-
gland rcceiycd 1l07,No Of bullion on ba1nncc
yestctdny. For quotations fur corsola ami
Fnutt rcntes, Gee lato New York dispatches.
The prco Of sterling exchange Is tirtn, With
small advance. Market generally firm.
THE sTocK MAHKET.
The stock market opened with stcndfncss,
hut II was soon evident t1.at the profits nado III
tho recent advance weru being realized. A
fercr!sh condition set III, with innrkcd aaetua-
t1ons IN prices. At about noon IT was announced
that the expected quarterly dividend OF ~ per
cont On the preferred Stock Oh tlie ChleaeoN o.
Northwestern Railway lnd been declared ING
common stock, which had v1hrated hctween u
and 90, suddenly le'l to toe6. under heavy olier-
tnEs, and the preferred tell from about VI to W.
The general tone Of the market 1or otI'ef STOCKS
vas dull, nlthouch transactions were cons'tirra'
BILE. Western Union ooencu at lo'. nut lts
friends, falling In their support, allowed tt to 10
1t 1903 before tue stroke OIL u. INC fcnortod
decline Of $02.ooo decrcase III st' taul earnings
for two weeks gave the STOCK eeKiy express
alon, nnd the price OF the prolerrcd gaVc way to
b3S1. lhe h1st TWO MeeRs earnings sho"
total decline Of sl1eoo antl 1t probably ows It's
support to tic largo short interest.
Union Pacll1c roso to s0H, fell to 7o}1. and
vibratcd between these quotations during the
day. No new features have DEVELOPED couccrn-
Ing the arrangement reported yestcrday With
reference to through llne to tho fael'c.
Wabash, Notwithstanding various reports Of
new line into Chicago, WAS quiet Ut ~ on
limited business.
Hannibal g. st. Joe fell to 43fss, but rall1cd to
AK, For tue momcut the bull movement
nnrses, but tue abundance of mpncy, and the
.,sncral tendency to speculation wu!ch It uat,l-
raItv excItca WILL Gro LONG, lead TO higher o,,u.
tAtIons, especially for stocks Of lines wtloso man-
agemcut giro reasonable assurance Of diyi-
tenss.
Tna afternoon dtsnatches rcnorted that Knn.
xas poc,t1c ro.o from To olk IN the l,ono lint
The rond vou,l benefit laree'y by tho rcccn.
ehonpe In the .tnrkho{fr1a of thn t}nfnn portt,c.
Eractly how this Il To bo realized ia not stated
Tn railroad honda IN New Yor. nm bfnndnr.
the tr.ns,rt,o,s wern 1orro with . furt1,sr
sI,o-o sdr,ncs +, .o,os ,natnnco. Tin ,,roc.t
<fao1nrs ,r.,o IN I'm Ma Jorson rartro1 fs.u...
con.o,idatr, ,s.entc, roo fro,o a. ~ "a ami
cfoeod ~ egs<. oorvor,t,io o,.on.o, ro.s ,rn,,
ST. eex ~ c,n.od =, aal<. 81 tust ,non,. aoro
st.",s - COL. in,araa. % .,i.,noo1 f-on, NJ ~
SAL and sn1,..ousrttv Ios, tha tmrroro,,nrt
nii.h y IUu,,~.nar.s ,,,.o1,a. ~ .n f-o,,,
.4ea'In " Funsoo"'to ee''9""u.sou 'ooo A1os''
70 to u, and DO aBsDntcd from 6351 TO 5U, but
the Iptter nftersArd renctcf1 In EisI. Amnrfcnn
80, r.s rN- - -. 49,, -
LOCK 1mpfoft11ent CONG pu11y ~ lsaentcu WGfo I