, 1880-10-23
FINANCE AND TRADE.
Stocks Take a Little Tumble, but
Close Strong.
The Wabash settlement-Large OPP
orators Still Bullish.
Foreign Exchange Strongcr-lIcury Cur.
rcncy Movement.
Tho Produce Markets More Acllve-psoyisfons
and Hogs Woak-lard Heavy.
lfheat lgregnlarly Stronger-Corn and Oats Firm
iu SympathJ-Darley Easler.
FINANCIAL.

Stocks opened RGnorntly fnleton weaker
tllan the closc the day before, b,t transactions
continued nctlv0 without showing hny
special wcnkncsa for souno utAc, wtnst'
under tho leua Of Western unlon, WI.
baah preferred, and unton Pueinc.
seyoro slump began. This carried Mlch[9nu
Central from 1Djl to 10sA; Erie. from 4ak to
iJ4; Northwestern. from III to tl4A: WRbash'
from II to a2ai: mid the prefosrcd. from ~ to
III; Lucknwnnnn, from, p5Y tu aI3: UnOn
Pacific. from O:ai to 10; Westor, Union. frnn1
10isi to 101!t; Cunnda So,ltiiorn. n to 05I. The
rest Of tho list wns not 50 sorerrly affected.
Toward tho close, tho pressure OH tho market
WINS withdrawn. and It rrbonndcd With great
huoyancy. hut did not get back to tho tssuros ut
which 1t CLOSED tho day beforo
Losses were moro numerous than gains. Bur.
lin9ton T. Quincy declined II, to 1a1; ltnek
1slanl Il, to l.lh; Alton Il. 10 fla; New York
CcutFal si, to L4,:: Michigan Central i,
to loiA: Lake Shore 4, to MA; Eric
prcforred !, to Il: Northwestern 4, to lisa: tho
preferred Il. to 1;r,A; 1t. Paul preferred v. To
ilGA; t)htn y, to ai!s: tho preferred Y. to IN;
st. Joe 4, 10 Nm; thu preferred e, tn Ha; 1fud-
| son u, tn 81; 1lckawl,nna X, to otAa: Jersey
| Central III, to '5; MHnhnttnu *. to B; Union
racltlc Il. to pIsi; 1ros, Mountain X. to 81: Vest
crn un!nn IL, to 1o::h; Chattanooga n, to u;
C., G.. 4 l. c. l, to fs!f. .......
Tho snins worc c., C., G. &I..i, to 77A: Mar
ris & Essex II, 10 1l5!t; Illinois Central !. tn
lii: Eric 4, to 4JS; 81. Paul v, to loa; wnbnsh
u, tn Al; tho preferred y. 10 AZ; Pacific Mail
Il. to 4atl: ltcndfng III, to 38A: Lake Eric u. to
| m; Northern TRcltlo H, to s'A: utnAhn II, TO
AG!s; tho preferred Il. to e51i; md Rio Grando
| u. tnTla.
| JMy Gould Ia credited with having been tho
nuthor Of yesterdays furry In stoska, which
waa ell1stsl by the circulation Of rrnrtH W his
brokers that tho efrurts TO scttle the SOUTHWEST
er.i troubles had catatrItutisly tailed. as mat
ter OK fact. tho whole matter hAd been sitccess-
fully nrraigod Mr. Gri,lll's brokers were ntlo
nlllcr covpr Of their sortie to gnthor In II large
| line Ut stocks. This Is n game frequently re~
sorted to BY tho 9rrat mon Of tho Btrcot
SO,uo nervousness WIS shown during tho
downward ,nnyo,ncnt, ar1 fow conservative
brokers ntivtBe1 sa1es Of long stock tn secure
rroflts. Rut, on tho whole. tho atrnGt rctnnns
hulisl,, mud tho sfKHs nre bRtIorel 10 fnrer Il
further riso moro than dcctlnc. Largo holi-
cra nro atlll holding, and exhibit no intention Of
clusln8 tho game ~ yet. Some shrcwd cnlc,,-
tutors ,lrc plnuning to sell Dut tho day boforc
tho election, lnstentl of waiting till tho tlNs
after. This on tho thcury that Wall street nj
WHY'S Discounts tho future mud pays the hest
PRICES In ndynncc. nut this ts not MI orlIl.nry
murket, uud calculations TINT would work tn
perfectfou upunlIy ,nuy be fir astrny. Thcrr
has mover bect, t!tno when tho apeculatt,rs fur
II rlso hnl moro money md moro confidence
than now,
Uusscll Sugo IL known to hayo q )arep number
Of calls ont on 1t. Paul at %, to run 10 tho end
of the ycar. A dcstrc to ea,,oczo him Js said tt
be as ,t,,tu., onj,so Of tho recent rlso IN Granger