The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-05-02

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THURSDAY. Nav 1.
The stock market was moderately active to-
day Michigan Central and Western Union |
were steady. and Wabash received moro atten-
tion. Erie common was active. and Granger
roads quiet. Kansas City and Northern was
active, and closed at an advance. There WIS
an increase Of business in Alton and Terre !
Hautc and Iron Mountain. at some advance.
Hannibal and ST. Joseph and Ohio and Missis-
sippi were comparatively neglected. Railroad !
bonds OF n speculative character, like the now
Fries. C.. c. & l. c.. No. X. 4 Texas. Toledo
and Wabash. and Kansas Pacific. were largely
dealt In. and some Of these advanced. but little
was done in the regular investment issues.
Governments wero less active. but steady.
Money on call. 2s@9 ? cent
The public debt statement issued to-day shows
the increase ofthe debt for April to be 81 952l6
cash in the Treasury s4is fc7 ir' 81
Ccruncate. Of deno.i, outstanding .... 81 Gi5vnoo
Refunding certificates. lt ~ ID
Legal tenders outstanding .......... 3fd~i uiN Uu
Fractional currency outstanding ...... l5,9l3uc o.
United states notes hcld for reicmruonof
Called bonds not m eturcd for which per
cent bonds have been issued. ........ l7l3leOo on
The subscriptions to the, 4 = cent rounding
certificates since yesterdays report have
amounted to si73ll0 Total to date. s4.7si.92O.
The Treasury Department to-day began tho
PAYMENT OF the quarterly interest on the D q
cent ces funded loan of 1881. amounting to about
=, According, TO a despatch to the Associated
Press from Montgomery Ala. the Montgomery
s2i20 900. cash. to William VI. W0dley. twas
expected that the Louisville and Nashville, Rail-
road Company would becoine the purchaser,
paying in Montgomery and Eu'Auh Railroud
bonds undnran Arrangement with the hondho.d-
ers. Mr., Wodley we presume represented the
Georgia Central Railroad Company.
Tho presence at Chicago OF William IT. Van
derbilt his three sons. and other railroad mag
mates, and their proposed trip over the North
western Railroad. has revived the report that
Mr. Vanderbilt has secured control OF that great
corporation
1t IS intimated at PHILADELPHIA that no formal
meeting Of the Srhuylkill Co,u Exchange will br.
held. ont that prices have been agreed upon Tor
May. The only change from April prices will
ne an advance OF ten cents per ton On Pea con-.
The stock OF Schuylkill coal has a been sold.
and II Is likely there will be "a full production
during the present month.
The Muhausen ErDress reports the removal
~ a large metal sheRthiug mandatory from
Kehl t. Nancy 10 escape the new Gnrman rY--
toms tariff On the other hand. tho mining
"a
very favorable effect from the same tarih unl
there Is consequently a heavy speculation IN
q table OF comparative prices before and since
the announcement Of the new duties. Il shows
that on Jan; 81. Bochum Cast Stool shares were
364; on April IS they We're 52is Hlherna
and shamrock rose from 40 10 So: Horr.rn
Foundry from 23to 32s; Laura Foundry from
90 10 70; Louise Tieihnn from So, IN IS: Men.
den and schwerte Works from 81 10 81, ana
Osnabruck Steel Works from % 10 36. g..
The abundance Of money and the consequent
low rates OF interest prevailing in London have
been referred To- recently in cable dispatches.
Commercial and financial papers. just received
10y mail, give fuller details on thn subject On
Aprll 10 money was lending on cail ~ London
az r. cent. q nnnum. and in seyrr!, ease, was
offered az . p cent. some discount houses
we're refusing. 70 tako loansa Ia y cent. The
IuneS saws: Money becomes more uuleudnh'r
every day In" Bnnk ot Ensanl's prlvte
deposits were f3l s24 $50. or qnoqt sl59.6l0Ooo.
shares yielding less than e cent. q Hunum.
wero selling AZ lao is Guaranteed e cont.
1875 LANCASHIRE and Yorkshire guaranteed Gs
NJ las ANA London and southwestern u at ~.
responding securities seem low.
Tho failure Of Judge Harlan's decision 10
put M the stock ana bonds Of the toluWl us,
Chicago AMI Indiana Central Railroad Com-
position that the PcnusyNanln railroad Com
nnny holds q largo amount Of the c., e.. Hul |.
required 10y tho terms Of tho rd.r Bur this.
even II II be- the fact would only effect tine per-
ot6rr 6ondh"Ilers nrd coud mot Jtl.at w.,
sealing altogether. Besides wa uul,rstanJ
That the foreclosure proeeedings uudIr m"
nos. thut "A sal" of tlc r1nj cnuld M. IWT I'm
sky DAYS. and in That event il womb b,. ,,.s, ~
cut oI ary hondboiders Who shntid r,fus,. T.,
come In mn der nm enuitnbl" nrrnn,",n.t '"'' ~
,,,,t'rt,,.'.,t., ~ ,' ''' .'''
ca, r. W. nutn"t'~,hE we f',u.hu PRE- h'ros5
he Cnmm,ite. of the Cam INN = rii,1',,,
ina addition ~ "Ious" r,st ~ . " ,,l
eminent the bower of dertdini. ,yGetL,,n r nnt
tie bridge Viii be iniurious to nivi,9,t.'',,
Should the hr liza he Luilf me- nr'ns,,i ,, a.,
',,'atY' ,h go rni u HH pr' 9e''' u VI