, 1879-06-11

bers II Is easy to bee LnAt tHcf hEe Hot ue"lE
aold by the country rostmastcrs In 500 lois, as
tho Instructions OF the Secretary rcuuiro The |
prices paid In Chicago for certificates was 1000
1o23 How small proportion Of iln certlii-
Gates has gonc Into tho har.tls Of 800 Investors
may hc Judged from the iact that ono Chicago
bank mas handled s1,0a',mo Of them. |
There was only limited supp1y OF BILLS In the Y
forptgn exchange market, which, was dull In |
Chicago sterling graIn-ba wcrc 4S51S for sixty |
tlay bills and III for sight, Mttl French wcre
bl9A for s!xty-lay hil.s mil 5lGA for sight. The
actual Chicago rates for sterling were fSfA and
4SgG14s0h. III Ncw York the actual rates wcrs
4s71 94s7A md 4s0l14tee4s9lI1. The posted rates
for startling were 4SS15Qef00. French bankers
bills we're 5l5GG5l2:4. 49,.
Cousols declined Ut tho opening to 07 310, anl
remained at tint figure MI day. l
Chicago bank-ctcarIngs were IS, 700, 600. BUS |
intss was light ID ait departments at Tho banks.
Currency Is still going lntu tho interior, hut
Nov York exchange has risen above thu ship
ping point. Discounts nrc moderately active.
Cali loans arc 5l97 per cent, I pur cent on Gov
srnu1ent bonds, md time loans aFe 7GAS per
cent with some small transactions ut 0G010 per
cent,
There was sale Of Chicago CITY Watos "a at
III and interest, between dealers. Cook Is
we're sold at t02tt{ and interest. 4
The weakness ot tho Southwestern stocks nuil
tho strength Of the Grangera anl Wcstcrn
Union wore the special features OK the tay's
business in stocks. kansas Pacific, t}cpressed by
reports OF drought md c1asshoppcrs, declined
tp5; st, Lou!s & Sun Fr:aneiseo was of !, to
Ok; tho preferrol ", TO 1915; kansas & Texas
opened at 13i& and closed ut 1l71; hansas City
d Northern lost 1s, to IN for the common md
4, to 4o3{ for the prcferrrd. Alton Is weak,
partly because the crops Of Its district do not
promise well, n1nl bcca,,so Of tic rtltnors Of new
Issues Of stocks dnA bouds OH the Glasgow
l,,adgo aud tho KANSAS City extension. At tho
opculng Alton stood ut u, but 1t
dropped to B2iG. The Southwestern stocks
arc getting uat af favor aa rapidly rs they
gained 1t III tho spring fever, The Granger
stocks, on tic other ban, nre bccom!ng tho
favortra Ut Lt,c hour. Northwest common d.
Der cent stock las su~h Attractions tht It's
price wus puAcd up from tit54 to G6]l, closing
ut GNf The preferred advanced Il, to VA. st.
Paul opened at 5l9t, reached 53!s, an1 closed ut
5j}5; tho preferscd rose Is, to 114. Western
Union was stsong nnd higher, Oil the
reports Of Dividends to be made at the
meeting ~to-slny. The rise was e. At
lanttc & Pacillc was moro nctlre than nstal,
opclng ut 4oh4, advancing to 40]S, md selling
down finally to a0L. Minneapolis tk 81. Fnul
WIS quoted aSaln, for the i!rst tiElo iii
sone iuys, ut 90. I.outsy!l]o tS Nashville
does nut exhibit much recuperatiYs pomcr.
Its fluctuations were slight, r,stng from 5ls{
to Is, selling down 10 541l. ansl scll,I'. finally
at55 The cnal storks wcro not prominent.
Delaware j. Ifudaou advanced a, to 461kk, Lack
awanna lost 1s, to 5s]1s. mud Jctspy Central V,
to 5156. Eirte nttl Wabash were both weak,
Eric common fell from os226 to 275z, and the
preferred from Sc to 5t1a. Wabash lost i, to
81. Michigan Central DECLINED e, to 77st(, sund
Lake Shore made 36. to 75Ts.
Er.e zecond Is, gold, opcncd ut 7311{ and closed
at 734.
Northwest gold bonds were not quoted st.
Paul sinklng-1unds. Josh; Burlington, Cedar
lsap'ds 4. Northern IS, 79111. cs-!nt; Alton gold
Hs, 10iN9lG7; aud Kabsas il Texas l}rats, G991a,
at,I the seconds 3,,3.
In railroad bonds, In New York Inst week, tho
volume Of business wGs largc, a1ul the strong
tone which f.aa characterized the dealings in this
department fur months again prevailed. Il.o
transactions were especially large In Eric, Kansas
d Texas. Kansas Pacific, and 1.chfgh T. WILKES
barre Issues. Eric aecuritics were lower enrly
IN tho wcek, but subsequently recoTersd !;
1chiEh & Wilktsharrc consolidated gssonteil
rose from 6311 to 701I, ntnt ia Incomes from Ill
tn 10, with a tcartIun Of nhullt = per cgnt In
the former aud per cent III tho latter
at the closc; e., e. Il l. G. flrats ad-
~ 49,, :. "''N 1,,,s,.,', W. H.. H..
cchts 10 II nhu ~ respectively, DILL tho
former reacted to 7iL; Ksnsas Il Texas cufi~
solldatca assunscsl n,a sao seconds declined N
az per cent early III the week, hut lAtur ad-
yancel uD3 pat cent; Kansas Faetfc, Denver
Dlvsion, trust-reec'ptt ssscnici rose from ll2tl
to III, and cloacd within fractlou Of the alyh'
est polnt.
Tho Eric Roconhtrnctton Trustees have ssnetl
circular III London fsum which tic following
extracts are mulc: ...........
THO bnndrd debt aEureaates sf, alR. c03 10: tts
IE @ sioGx I -" uv " tno .t9cl
I'LL t The ans,,i,.t rsG,irr.! to "a, intcssst n1
the bonded debt under llu hri.rms nnt,!ins. u III,
{Sst ~ - )" tnh" " 81, mt Gt't
n ~. = toe1s nHsH 'thencs tue eaAsnuH'' Fl
iss aaouasa 'ia u % IT, H. asf ass[ scl sau,.
ins rcntals an osssa ns "a roo of IL. "ase lnss,
cAtuD 10 within HEIl UUU Of mretur Tim who'll
M,ndc1 ,i"it l., mi ~. rSsrh"t IL inHt '"o "'''