, 1880-01-29
FINANCE AND TRADE.
Stocks Active, with a Rising Ten.
dency.
The st. Joes the Leaders Of the
Market.
Government Bonds, Foreign Ex-
c11angc, and Discounts.
The Produce Markets lfreguar-potk Lower
Lard S!eady-Meats In Good
Demand.
Wheat Very auth Unsettled, but Closes Stronger
Other Grain Pol'sws tho Example,
FINANCIAL.

;T1,ero wero no very wide fluctuations in stocks,
,ut the movement Of prices showed strong
front. st. Joe developed Nan Rctivity that hns
been waited for a1xiously by goosI many hold
crs. Tho common opened nt 0uA, fell AWAY to
8aat. nud iuctuatcd between that figure pad
COX till toward tho close. whom 1t suddenly nd
vnuccd 10 AI!i. The course of the preferred WIS
identical. Opening Mt 6a,&, It declined to 6sA,
nnd did not pass beyond cox till at the inst,
when It went up rnpthEy to M. Rumors that
the road was to DO lcased by tho burlington T.
Quincy were In circulation. Eric wns again
strong. Tho first quotation was at IN atlvnnce
of II, nt AK, aud tho close was ut ~. a gain Of
u. The preferred opened With gniu OF u, md
closed ,S better than tho opening.
Almost nll tho changes wcrc In favor Of high.
er prtccs. New York Central n,ado Il, TO 13lH;
Michigan Central ~. TO o.; Lake Shore III, TO
1Oih; Northwestern II, to ola; tho preferred
", to 1o'A: st. Paul ~, TO s81; tho preferred
Il, 1G'k; Eric i, to II; tho preferred Il. to ~;
Iron Mountain v, to coy; st. Joe VI, to 4fsi:
tho preferred oH, to 71M; Delaware & Hudson
y, to 74A; Lackawanna 4. to B5s: Jersey Cen
trnl II, to g.; CanndR Southern Y, to 5lsi: Kah-
BUS & Texas v, 10 4BA; Wabash y, to Ak; the
preferred 4, to T2k; Western Union V. to 1ol:
Err" francisco IN, TO 43ai; tho preferred X. to
S';: Northern racihc Y, to 3sM; PGcde Mall \,
to 40at; indianapolis, Cincinnati g. Lafayette Il,
to W; Mobile s. Ohio Y, to s5 Ohio & MISSISSIPPI
pi preferred y. to 87;l.
Tho losses wcrc Chesapeake & Ohio Il, to olH;
tno seeohd pretetfcu =, 10 ~'A soux Clty pre-
ferrcd II, to i1h; tho common !, to 10; Chicugo,
~. Louis New orleans \, 10 4la; 1toniavtlle
Nnshvltle n, 70 ~; Ut. Paeil q Minnenpolis ~
to Hh; e., Z. ~. q !. \, to3sn' ONO Miss's-
sippl ~ TO alh; huntington q quincy lh' 10
14uH.
III the Boston market Chicago, Clinton, Dubti-
gus & Minnesota declined tu co bid. f}oston
holders nrc selling; the orders to buy como from
inc "cst' fAnt q fere ainfQiel1e went up 10
1ual. ...
as 1Ar as chicago operators are concerned. rue
pnpl!c interest III tho STOCK market nus not yct
pccolhe very Rfclt' pat there 1s more buying
than selling, anu Utmost no selling short. Tho
rise seems 10 20 feKafaea US liulo premature.
Ihero aro fears that this Is hnli movement
with or cent hreak IN 1t. Tho difiden'-pay-
iug stocks are 80 high that they are not attract-
I've 10 speculative bilyera' Ihls class are puy-
Lug rn'lroad bonds more thnn thoy nscd TO-.
Eric seconu " opened III sV3&' solu as h'gn rs
W. ana closed Ut ass' .....
RAllrond bonds, III New York Monday, we're
.buoy1tnt, With aharp ndvancc III prices under
purchases OF enormous Htnounfs Tho trat1sac-
tlons ~ Efie consolidated seconds amounted to
$l,lS.V00; In 10 funued 6a to slUs,OoV; In kans1a
Texas lsrsts to 2@U,oOo: lit do seconds 10 $6s},-
ooo; IN Cannda & Southern 1rsts TO s27 zoo;
IN e., G. q I. e. flrsts to $4ao0; III dn
At"o. %oWFa'V tc4t!Htutcs ~ foo,V"o' III Ao
supplementary to F@10o0; In do Incomes TO
xloo,0oo; In International seconds, Purchasing
Committee receipts ~ $2l4 600; and III Houston
Great Northern, seconds. Purchasing commit-
teo receipts, to $4,000. Ero consolidated sec-
o1'ds rosa from esss to 6H. nnd do funded b
;frs'flt ssA to g. Kasisns Tcxns nrsts roso frpnl
1G:l to loah, and closed ut 1OA1s; do seconds
fell OF from o7A to 096. and closed ut
tho former figure. Callada Southern 1lrsts sold
At Nsldeo3n. G., c. & ]. c. hrsts advanced Q
q cent, to %; do Trust Co1npnny certificates,
3?i, to a5a; do supplementary ,4a;. to 9GA. and
do incomes u, to 6o international seconds Pl,r-
chnsing Comntlco receipts. and Houston L
Great Northorn seconds do, which closed OIL
'SAtnfluS Mt ID, sold up to 1I(bllH; tho former
closed mt tOts. md tlO thtfer ut TO- Denver h
lilo Grando 1lrsts sold up to wi; Boston, 1Inrt-
FORD Erie hrats to bs'4; ChesApoake & Ohln
NtSts to WI; 10 currency u 10 L.; ]innn'oAl
bt. Joseph convertible to ITO; indianapolis,
Hlo0t6lHHLln 4 Western Il4