, 1879-03-19
Brokers underse1Iing the Gov
eminent on the q
Per Cents.
Weakness in Foreign Exohange-.-Tho
Chicago Banl<s-.-Dscline
in Stocks.
The Produce Markots Aotive---Provis-
ions 6tronger-.-Wheat
Nervous.
Other Grain Steady---Stocks In
Store.
FINANCIAL.

SAAAS@
Tie brokers arc stii undertaking the Govern
mcnt m The / prr cctlts. The Government
prtce Is pnr md Intcrcst, while larRe lois ca ho
obtained from dealers ut 0>iS nt,d interest. The
banks tlmt subsrri,csl SO freely snnu time ago
arc nut now dolng 50; Mil dealers who wsti
bonds buy t!!ct1 In The market under the Gov-
erninrnt price. Changes tn price wGrc all u. .
the aide OF decline. The tss of 1881 wcre 14
oil, at l05M; the 6:,0s Of 1877 were UNCHANGED
At NIX, and the I'-2Os Of 1903 at 1y2t4; tho
1o-is declined II, to 10l75, md the new 49, 4,
to 10l>f.
The sterling market opened with rates the
samc as on the preceding day, but there waa n
brcnk IN tic middle If the day. aud 'c closing
prices were weak mud lower. 'lllcro weru sales
1T The opening ot stxty-lay sterling at New
York At 1855, but at the closu 1t was offered at
4BB, Tic break was calsptl by thu increasing
hardness OF money in lho Now York murkct.
In Chicago sterling grain bills wcre 48a In the
morning, mud 1884 later in the tny, an'l French
bills 53lJ4 TO 62211. Thu actual Chicago rates
for sterling wcro 486 md 4683f. III New York
tic actual ratcs wero 48G and isyl{. Tic posted
rites for storllng were ds7 mud 4S011f. Frcilch
bankers bills were 5I7M md 5l5.
Tho modern tendency toward shortened
cfeal'a nus leu several o. the Lonaon 1oi't'eloek
nanSs ts 70 eouln'ae LOT mo pntpose o. has'1s
ol1lh on ASIA cut ao"n from eix honths 10 1ouF
months 1ncso oa1lKe nave agreed 10 reiase ac-
ceptanco 70 n'''e tFawh a. SIX months sighs
altcF the olst o. August he1t' crcaHs ''o"
opened on tlias paels VIII pc eontihuea 10 tto
cpa o. Iue year, pt't alter INC uate ha'hcu al
new nus1'css must oo oohb W hca"s ol louF
aont"e sient oi''s, otnef"sc lHt 1'on"o'
oahkS "lil fcluao thelr accentahec' me '"escs'
Of inc eeneno Is not considered ccrtn'h' inc
Lonuoh 1t"es says tha', although "'atnra'ly
anxious TO curta'l tile dAngefously extended
circuits Whlct thc All mo'1h"' hsance custom
has pfodueoa' IL may a'so oo doootcn whether
oil inc Eastern haaRs eah comply win Inc re-.
qu1remohts OF u'e'e agents "1thfh TIC specaflesi
time 10 great change u INC ttlno iof which
oil's run amounts 70 revolution III tiie inotle
OF conducting tho Enatern trade, md nc douhs
whether this is the most favorable moment for
ctleettns that revolution"
Consots "cFc nhehangcu nt N ll'ld.
iEc monctaFy situation at cicngo was one Of
embarrassing case lof leocrs+ stxty'tlay loans
wcro olteFcd Oh tue boafll OF Trade ut . PER
cent per antiasn, wfthotit takcrs. The beHt otfer
was per eet't' az the oanhs, INC calt rate 10
o9so per cent' INC TIME rate Htlo per cent.
Tho currency movement Is llEht' with receipts
mud shipments about eqaa'. The country orders
lot NcW toFH e3e"al'eo hre lioefal, anu Inc
euph'y ID kcpt W ny ioeAl sAtppers' AallK eear'
lh1a |ere S-'o"tieou.
llls'e wotn sales OF "cst Dlfision katlway
stock at l'o'
toaca ol hardticss IN the innney market,
thoo4'it 10 eo oh''i'ons OF fronhle III The ap-
nrHar!ti'Y hoht settlements with the 1nsesn-
meit' En'c etoc''s an Unsettled feeling. Tnns~
netI''i's wero not ileaVy, aud t'rtces had down.
ward tendency New York CeutFal declined 11a,
to 1lA11; Aleh!gan central 4, to a71tI; Lnku
ssoFc Il, 10 'lN; Northwestern common II, to
o9' tar afesssftd ~ to to.i IT. Paul cnintnon
- 10 3o;a hr1t ~ 70 70; Nnbash Y, IN III; Ohio
.; M'sassl3ri Il, !" Iva C.,cts l.C. u, u b3h;
vt. tsur common a6, t" la19; tho preferred u, to
aiN; nciawara Il iintsnn q, tn I51; Larkawau-
M IT, I" 3t Jersey Central e, to 3i N; cn1,atta
Southern ". to VI kas'sas " Texas e, to 011i
It, Louis, knnfas City y Northern a, To 815;
the preferred Il, to 34M; al"l Karsas Pacific
II, to 2015.
Ttsers was no advance in any Of tic actsyo
stock.
Tlo opening, Highest, lowest, aml closing
prices OF stocks nrc given in the table bcbw.
Northwestern gold bonds were 1UotAl St. Paul
sinking funds 1u3, Burlington, Cctlar Rapids e.
Northcrn II, allh Chlcaso u Alton dcbcnturcB
1o531 bill.
In Ncw York, 1ast week, lnrge nni we'll
distributed business WIS transacted in railroad
bonds, which "cro irreeuur,-so,ne issncH atl-
vnnc!ne slarn]y, mil nthprs rcpnrt1n., n purlc1
decline. The largest dealings wcro in Missouri
Kan,ns T. .rcrna conanlfnntcd os.o,,.t ,.sS, ~
s.o,,,d. 1T,n .','', 49,. rS a. m ~
- s1nI .s'.,. sa .a. >" - ~ VI
tou'a' asiu lecoseIeu 10 wv WA!Eo tllo laLtef
". Knnans pur,f1ra ,rcr, ois,, ,r,,n,,,,,t m,
- ""nsas aMs,!es W.T." "'so 1aosi''ncnt' "l'a
ausa''eeu 4;bNo1 leF eellt, Closing VI fIIn
arabia nrfivi.v In Nav .1,rs., f,.,trots ,r,,,, =
,,orI,as o,ro,,,' ~ ',,a.a ...,',.4,sI 49,"
a.,a,o ,a,,,' p'lecs' paF'eua!ly LOT 1tle
Lehleh ald "'lkesbarfe coHso's, which ROAD 11
Tho Northwest Issues wcra higher, n1lsl tlle St.
rauls IRREGULAR, Toledo l. Wabash 1out1t wer,
dec.dcdly rrrntie hut ,I,nst NJ ,1o ,.suca c,ns.1
"se'"tu'J @t'"sN' p"e ''oet III lua issues e!oaeu