, 1879-03-05
Transactions in Goyernments---
F|rmness Of Foreign
Exchange.
Light Business nt the Chicago
Bnnks-."The Stock,
Market. "t
The Produce Markets More than Usually
NEUTRALITY-SUSPICIOUS. Aotivo---
Breadstuffa Quiet.
EARLY Weakntss, Followed BY Firmtr Feeling IN
t4s AltcFnaou...Stotks Of Grain
In Store.


FINANCIAL.
transactions 10 Government bonds In the
Chicngo market indcate that tho public arc
selling The per cents about rs freely as they
arc buying them. There Is this difference In tho
two sides Of tile market, that tie rcaI;znt!ona
arc generally OF large amounts, and the pur-
chascs In sua3l lots. There were VERY fcw luctua-
tlons In prices The Is Of 1851 wcrc Of x To
100,4, and tic 5-20s Of 1867 Il to 101}6. Tile
520s OF 1868 Mt 1091, tic 1o40s at 10o, the nov
IS Of 1881 at 1ua3s, The 4115s cx.nt., at los, the
A. at 100, and the currenry Gs at blk, we're
unchanged.
Gold is nominnl1y quoted at $500 per LOCO
for large amounts, and 1Oi,4 for small lots, but
the quotation Ia nominal, rs there Is ID demand.
There have been TO shipments OF gold abroad
reported, although sterling exchange continues
very strong. There was no change In 1uota-
tions. Sterling uratn hills were 4639{, ind
French bills 53l4. Tho actual Chicago rates
for sterling wcro 4s6 an,i 489. In Ncw York tho
actual rates were 1854 and 1904. The posted
rates for sterling wcro 1877 and 4Y0. French
bankers' bills wcro 5loA md 5lSel.
Consols advanced 11S, to v8 7.10. at which
figure they remained alt DAY,
discounts, light country orders for currency, ind
eaually light receipts. Tho supply OF New York
exchange il large, owing to the free shipments
Eastward. Bank clcarinEs were 80, TOO 900.
An evidence OF the clcapcntng tendency Of
rites Of 1ntctcst'!n Chicago Is shown by tho ne
Eotlation Of loan OH the Tabernacle property,
ut tic corner or Monroe and Franklin, streets,
al e per cent. This property, belonging to G. u,
Fnrwelt, has a frontage OF 180 fee, on Monroe,
Ind Is valued as $500 foot. The building cost
s150o00. The loan Of $4,000 was negotiated
by Alr. John g. Shortall, In Boston. for Mr. Fur
well. at the unprecedented rate for Chicago pf q
per cent
There was sale Of SIC, coo Chicago Clty pcr
cents, long, at 10, and intercst.
Cook County per cents have advanced 10 ITO
bid unl1 III asked.
Stocks were not ncttrc, an1 the net result Of
the days business was decline In tho most I'M
portnns stocks. Michigan Central opened at
s7sl, an.a lust Il, TO SIX Lake Shore declined
a, to HSs; Northwest common N, to 54s6;
tho preferred advanced Il, tp so1G; st. Paul
common was oil u, to 3711d5, md tho preferred
Il, to So16; Eric &, to e51<. The inactivity #,
the GrlnCcr stocks, Union Pacific, alul Eric yus
attributed partly to tho absence Of some OF tho
larEcst pncrators in Dostnn, ,yherc tt,cy have
gone to attend the Union Pacific election to be
held to-day Considerable Interest attaches to
tsts election. Its result will 1cacrlDtuc
to >Ereat extoRt tho future tela-
t'n''s Of Eric, the Atlantlc & Great West
cr'I, Northwestern, n,lt! Tho linton paeitlc. Kun.
sHa rarIiis, "htcli mas lcceftty junlrcs up from
III anu j! to -, nnl Is nov W., has also GOOD
denl Mt stako. This road is II more direct route
from tl,k part Of tile country to the new mining
srglons of Colorato than tie Union Pnytflc, anu