, 1879-01-07
Heavy Demand for Government
>Bonds---Fore'gn Ex.
;, charge.
Banking Business In Cllicaao.-"
The Stock Market.
Organization Of. New York Policy
Holders Of tho Mutual Lilo.
The Produce MARKETS. rirrtasr. With
moderate Activity.
More Doing In Wheat and Corn
'---Crop Notes.


Transactions in the Chtca9o market IN Gov" |
e1pment bonds were unusually heavy. Dca'efs
repdrted that they had not on anJ previous uay
sold an equal amount. Four per ccnta wefe Inc
fayorite, and so}d Al 991S fos large, and 100 lot
ANAL. lots. Tho per cents are being bought
b, capitalists, areas and little, aa placc of de-
pos!t Tor savings. They are The Fashionable So
curtty. Whether, this current of InVealmen1
will be sueled OF Iesseaed by greater ACTIVITY
IN business ia u aueBtion on "h'sA eap"antn
differ. Tho es OF 1881 wcro lower than or sat.
urlAy, and were quoted at 1ooH. tae oSa'* o.
1se7 wcye armer, and wcrc 1o2 The 6-&9s Of
1tda ,dyanced V, to 104x. Tho 10-30s were oil
u. 10 1oasS, Tho ne1 IS decliued Il, to 1o61<.
The * advanced u, to 10iN.
Cold cola was quoted At 1904, With oa1y |
nominal demand. With regard to tho courso OF |
the Government in paying coin Interest nj INC
sut.Trcaspries, at Chicago and elsewhere, ID |
erccnbacts. tho Nov York World says:
ontsdo Of New York the Fes.mptisn @ Q, sTsS,ed Sd
etes e hs contract called to' T. nsssqse ~ tGsesYn
backs weEe eqnato gold, goid contd ny % ns6 !of
liz iamsnted nienarason h,rnsstf. Missvbes might
have beaten tbs 1othschtld' out Of business o" Inc
strength Of IL
Sterling grain and commercial bills were 4s0 Ia
IL gold. Haukera' sterlug waA at 49, md 4s0H
for actual transactions, with no change In posted
rates. Bankers bfl1s On Paris were b9faa6 and
naosz; commercial, 5o8K;; Antwerp, bss5 and
balA; commercial, 5o71; nctchmark. W and
p4A: eommcrcia1, Qa5S; Ruilfcrs on Holland,
.sa1S and 401G; commercial, Hes.
Consols hare m upward tenlcncy-a favora*
bic symptom Of the Brit!sh financial condition.
The quotation waa p5 ito. The Bank OF En-"
zlnnti gained SlGgooo In bnllsou. Silver Ia aultt
With h slightly improved demand from Austrta.
Tt,ero was sale Of s30o, 600 Of Gillian silver at
40N pence IN oupce to Austria
Tho Chicago discount market IL moderately
active, with 4 miscellaneous demand for accom-
mediation. Natcs arc 8010 per cent for time
loans, and GG97 per ceut for coll loans. Currcn-,
cy shipments are in favor Of this cass. Country
orders for Now York exchange arc liberal.
counter activity.
Thore voro sales Of Chicago City 7per cents,
long, 1t 1OsX md 100, OF West park bonds At
100 and 10o4{6, and OF Cook County7 per cents at
10sA. This lca3apd Tor focal securities Is sharp.
Stocks showed an advance tn sorno directions.
Tho "hulls " wera reported from Nov York 10
,pe huyIpQ Northwest common. Tho es. Paul
stocks arc mora favored BY some Of tho Western
opesatora, who tttnk 81 Paul commun at tho
price cheaper than Northwest common. The
coal stoeks arc sttracting somc Chicago buyers,
on the general principle that they haYo about
got to the bottom, and that they will 70 I'D
with rush With the revival Of the Industry of
the country. Tia to he noted that thcac San
R1,ne View arc bald BY only gmall minority
Of those who operate In stocks. At tho Chicago
end tho stock market is decidedly dull. The
attention Of lpycetora docs not acctn powerfully
drawn to atocka ~ yet ..
Northwest common advanced u, 10 III "; tht
preferred 4, 10 TN; Michigan Central /, tt
e; Lake shors l, 10 rs; 81. Paul common n
to85sS, the preferred u, to 755ss; Illinois Cen
trial Il, to so>s; Eris !, to a2}ss; Ohio Il hlssfs
sippt Il, to 8; C., c., c. &I. ", 10 SIX; C., G. i
LEX, to bss: 1t. Jo8 common II, to 13t4
Delaware d Hudson u, To as33{; Lackawanua u
to u; Atlanta Il Pacific ~, to ao3{; canad
Bcnthera u, to 4G}<; Kausaa t. Texas 1s, t
B4; st. Louis, Ksusas City i Northern Il. I
7I{; Wabash declined Il. to 2l1G; Jersey Cou
t1al u, To 84H: and Western UnEou Il, to ON
The guaranty OF the O., T.. d !. G. Natiroa
fontlp by tbs PcnnsYlyansa Road has been d
citlcl By Judge Harlan to bs hlndlng.
Tha disbursements IN scmf.aunual tntcreI
and dividends At Nuw York are calculated
S000U,O00 for Jau. /.
The mineral resources Of Arizona ara d
scrtbed by tho San Franctsco Hul|t&iH AZ "ain
ply wonderful. From one end Of tha TezrIto
to tta nthef its mountafna e0nta!u either Kal
copper, or silver. Almost every elevation witt
In III boundaries IL spauEel With groupings
precious metals. Every river mcanters oV
anrlfcrous sands, aud upon oyery desert VIA
suay ba seen tho glttcrlne particles. Whcrev
the boats atop along tho river they taka
elthrr bullion, ore, Ut quartz Of touo kind.
tho Mohave country asu tho 1aackberry, sgn'