, 1880-03-19
Stocks Recover Too Fast, and
Come Down a Little.
Rulnors in Circulation Changing
from Grave to Gay.
Governments Quiot- Foraign Exchange Near
tho Gold-E1port Point,
The rroduts Eatktis Agaln LeW.r--rptislons
Sttadltr but Tame.
Whoal lrfesular-Corn and 0ats wsak-Pack.
Ing Statistics.


Thrrc was a complete transformation In tho
condition of tho market Tho rutnprs In cirC,l-
latlon changed In tw'nkltnH from grave to
eay. Gould, who has been tho bnEaboo OF tho
bulls, wns sad to l,e h,iying Ohio 4 Mississippi.
sngc who according 10 recent report hHl,
together with Jay Gould. twonty millions ionnud
on cnll, which h0 wns likely 10 call Mt my fno-
mcnt, has turl,ed lonler ngntn, and Is disbursin8
1nrHc sulna to ense tho market. Kccnc Is bny.
Ing, 40 nro' numbers Of others. Prices rau lip
unsler tho stimulus OF this good news, but ran up
ton high, md closed rs r,ilc lower than tho
highest quotations. Notwithstanding tho rcne-
tiOn toward the end, tho l1st With few exccp-
tIons showed galrs nnd tho market closed
strong.
Apart from the advance Of +, to s9}t, by Chat
tanooga. and Of 8A, to 1b7H. by Louisville,
which constitute a separnte department Of tho
stock market, the greatest EAtus werp made by
tho Southern and Southwestern stocks and tho
coalers. Houston & Texas was up 2ii, te BiA,
after selling at siA and s0A. Ohio 4 Mississippi
started on r,,n, and did not atop till 1t hHd
advanced from J715 to 41,{, hut thon fell back to
39H, where 1t closed. The preferred iluctuAtel
between AN and IN, selliug finally ut 10. Mo-
bile & Ohio roso ]. to AN. Chesapeake & Ohio
wns very steady, as 1t bus been nj! through tho
Into unpGnsantncss, but did not show my not
gnins. Iron Mountain opened nj 55, declined to
61S, sold na high rs COZ, md closed ut 60al. In
tho coal stocks Delnwarc j. Hudson gn!nrtl III.
to 81; Lacknwnnna u, to 14af; Jersey Central
l, to 81; and NcndinE *, to A. Tho Vest
crn and Granger stocks wcro NIL strong. Mich
lynn Central nnle Il. to o.: Luke Shore Il, to
1GsR; Northwestern y, To V44; st. Paul II, to
e11, the preferred ", to 10ta{: Noek Island u 10
Iii; Illinois Central y, to 1OG; UnIoll Pnciila 4,
to alA; Eric u. to AN: G., c. Il l. G. u, 10 III;
st. loo .f, to ~; tho preferred ito 105: CnnuLl
Hnuthern 1.s, 10 CT; KnnsIs l. Texas Il, to 431;
Wabash Il, to II; tho preferred Y, To 90; Mtu-
rcapolis 4. to 65I: Wcstcr7, Union 4, TO 10SS;
AtlHntic e. Pncihc ], to II; Sun francisco II, to
a.; Nnrthorn FAcIiie " to 81; the preferred y, to
t5.1; Lnko Eric Western Ii, to 3o3s; Sioux
City ~, to AZ.
There were very fow losses. New York Ccn-
tral 1oat 4, to 1eD!i, mud Manhattan, opening Mt
u, closed ut 47s5.
Eric second Us opened at 00h and closed at 0l.
In rniiroad bonds, In New York on Tues
day, the widest fluctuations were in G., c. s. I. G.
supplementary mud Toledo & Wnbnsh equipment
bonds. Tho former declined frpm u TO 10, md
closed Mt 81, while tho inter, aftersc1ltnN dow. to
II, advanced to 40. Eric consolidated seconds led
tho list III paint Of aetlvity, and fell oir from VI
to lUhs, closing at D0A. ChicnEo L Northwestern
consolidated goll copnns fell 10 Ill., !san,l roso to
1iGA. Denver < lilo 0raH1e 1rsts declined to
1G}; Katlsns & Texas seconds to GILL; Chcsa-
peakc s. Ohio series II 10 Gsn; do currency as to
~; Lehlgh s. Wllkcsbnrro consolidated asscrted
to 0GE; Columbus, ChtcRgo s. midland Central
incomes to 20; Tcxas Pacific Incomes to n;
home, Watcrtown Ogdensburg consolidated
1lrsts to B8M. Southern Pacific Of California
ilrsta roso from loo!t to 1ooH. Chcago, 1t. Paul
eaVosn%ea Mpnnnneis ss chs $ss Bi.,4st ot
Columbia 3.63s wcro o. bid ind !H nsked. Tho A
wcro 100A and lG1h; tho AIS, 107A and 10Tst; tho
Is, 1ttsA and lu3; and tho 0s, 10sE and lo5!t Tho
two latter show decline. in foreign exchange
tho posted rate for demand sterling was I'D
vuHceh to, 489, on account Of increasing har1l-
ness OF n,nroyAt London. This brings tho price
ncnr tho point wheru gold would bo exported.
Tho posted rates for sterling were 4s5h and 49,
Actunlrates in Now York werc 4s5 and 48Stb ISSl<,
and In Chicago tho saIne. Stor1ng grim bills wore
4a2A0iSJ Posted r1ltcs for frincs were 6t8A
md 515: and commercial frat,cs were k.s,A md
6@s'h. Posted marks were D5 and 85x, and COM
merclal marks 0iA.
Chicago banks are ordering currency from
Now York and sending currency tn the country.
Now York cxchnngo wns sold lotwoen banks
at BIC per $1,000 discount Ionna wero IN good
demand ut 6d1s per cent. Bank cearings we're
t3,000,WN.
The following quotations were rooorted by the