, 1880-01-17
FINANCE AND TRADE.
T.
Wall, Street More than Receivers
Its Buoyancy.
Stocks Active and strong-Gov-
,,!ernment Bonds Quiet.
Chicago Shipping More Currency to
the Countrywide Mining
~ Board,
The Produce Markets Nervous and IT.
reYulnr ut Lower Prices,
But a Generally Firm closing-Pruv'sion
Statistics.
FINANCIAL.


There were no stxns In yesterdays ,narkot |
OF tho depression amid which tho closing figures
Of THURSDAY were mo,lo, There WIS, with few
executions. at, udynucv at the Rtnrt along tho
whole tIno Capntlu Southern declined nt the
opening from r. to ;oH. recovered to ~, rccUd.
ed uunjp to 71t. and closed ut 7sH, n decline Ut
n from Th,,rsiay's g close. To those accustomed
to the contradictory tacttcs Of Will street. this
apparent weakness does not thrtw my doubt Oh t
tho rumorcd consolidation Of this road With tho
MtchiRnn Contrnl. The hitter wAs firm, closing
at un advance Of III, ut n0a, tho highest point Of
the day. Now York Centrnl recovered tho IL It
lost the duy before, md sold flnallY Mt l3sA.
Tho reported war In tho Iowa pool WIS ,,scd to
dcprrss Northwestern, which declined from p0J;
to 500. At tho Inst there was n shnrp upward
turn in the price, which carried It up to o, loss
OF " on Thursdays close Thuro wero large
Chicngo purchases Of Northwest on tho tnforsnn.
taon that tho difficulties In tho Iowa pool had nil
been nmicably settled. Kansas Facino sold \
above par, closing Mt 0oA, m advance Of IL.
Louisville & Nashville made tho greRtest gAiu
selling up from % to VIZ, and reacting to WA,
and closing ut 90. Union raclilc was put
up by the same manipulation TINT r,iiscd
Ennsaa Pacific, and gained ~, to 9iA.
Kansas & Te1Rs WIS leading tnncy, and
ADVANCED from A0A to 4.H. Pacific Mill male
3, to 48s; Lake Shore " to 10l3s. st. Paul II. TO
TN; Illtnoa Central x, to 1G,; Eric III, to AM;
the preferred ~, to 70A; Ohio l. Mississippi 4,
to 0o1;; Iron Mounta!n ~, to 81; Cleveland,
Columbus, Cincinnati i indianapolis u, tn 7p.1;
Columbus, Chicago & 1ndIaun Central u, to :lH;
st. Joe TX, to a7E; the preferred III. to os,1;
Delaware Hudson, 4, to ~; Lncknwnnnn ], to
Bek; Jersey Centrl y, to ~; Morris & Essex X,
to l0l.s; Wabash Il, TO Ers; tho preferred Il, TO
G7K; Western Union III, to l03k; Atlnutlc s.
Pacific 4, TO AUX; RcndIng Y, 10 20: Northern
Pncifio ". to 05: Lake Eric s. Western Is, to vi;
Sioux city Y, to %; Chesapeake l. Ohio II, to
22k; the frs. preferred Il, to IT,
The losses wcro Manhattan Il, to 62.i; Sioux
City preferred Y, to Toss; Alton & Tcrrc uauto
II, TO .7x: the preferred l. to G;: Northern Pa-
clio urefcrrct u, to 6sM: San Francisco III, to
AK; tho preferred u, to da,t; Minneapolis Y,
aug: Cgnadn Southern r, to 7e4: Rock tsanl
4, to lie: 81. Paul preferred u. 10 lRA: North-
wcstcr1, preferred il, to 1o7.
The public nrc buying stocks in ChtcaRo and
New York, All tho outward svns Of tho sltun.
don are In fuvor Of hiuher nr!ccs There nre
ou,ytwo thtnps which rnIse INV serious question
aluut n continuance Of tho buylux 1npyc,ncnt.
aua tho riso I'm ouotntons. One Is tho r,,u,blIuR
Of trouble In tho trunk limo pool, uuu tho uthcr
ia thn interference of (,pnuras with tho rnllron.s
eome Of tho influential members OF tic MOL urc
dll,uent speoulntor3. and could not nuse a prct.
tier turn than to dc1not,,lize Wall strect with a
railroad vAr. OF. what would serve us wcll, the
threat OF ono.
Erie second gs opencd at SIX, sold up to ssx.
md dcclIucd to ssx,
thn danlnus continued inr1o IN valume. nnd ucn.
erotlv n0vonc,nq nrcea. 1hc snlra included
x:oo nm Fr1c consolidated ,rcnntls, s1x;fOO do
funfcd IA. Stla ma Mohilo 4. Ohio 0sst dcl,on-
turca, to7, 7,oU Chesapcoke & Ohio frsts, s1oQ,0CO
do cur,rncy es. ss5j oc0 Boston. Hartford & Eric
arsts. fgo.o1O Kanaaa 1: re1ns frsts. xsslooo do
seconds. s1Sa 00l co,umln,s. Chjouut, 4 Iutlann
n