, 1880-01-09
FINANCE AND TRADE.
Increasing Purchases Of Stocks by
= the Public.
Money Easier and Investments In
Demand.
:.
Large Receipts Of Currency at Chicago
D.. Tile Mining Donrds
The Produce Markets More Active, and
Generally Stronger,
Stimulated BY Light log Crop and Open
Weather.
FIN MOT AT.
FINANCIAL.

md Ia Now York In tho disposition of people TO
buy stocks and bonds. Tho Acctlmtiatton 0f
funds from dividends and tho profits Ut tho
yonr'a business arc making themselves felt. Tho
year wnH n prosperous one. anl th0sc who have
made money arc looking nbout for Investments.
The ease III tho money mnrkct, WHICH la per
cont on cali IN Now York and per cent In CHI
cago, Is hnving its clIcct m stocks. Prices yes
tert1ny wore firm, ntl Rt tho close were mt 0r tlcnr
tho highest Of tho .ay. Tho soft wPnthcr, which
fas turned tho country roa,la lnto pulp, will cut
down earnings and mIkc u hntf showing for
rnf'road business for Janunry, but rs
whnt Is lost in thla way Is lnntle good
when tho roals become passablc 1t docs
not check tho tendency tu buy stocks.
A pool ia saf1 to have been formed IN Eric. 4
decline IN itA rrlcu from 43ss to 4:s Rnrc cn!dr
to tho report, as the price In such u chac would
probably 20 down before 1t went up. The notn-
bio changes were All Atlvnncc In New York CeI-
trnl OF 2A. 10 1.DA: Northwest preferred TX, to
1074: Etock island IL, to 1beA St loo preferred
~, to 8Gh: Lake Eric s; Western ~, to @S; md
Kansns Pacific ~, to ~, Michigan Central
opened ut 8!i, soil up to N0s:, and down to 8a!s,
md closed Mt $685. 1ubn Of y, Lnko Sore sol'l
Mt a, 1905, and 09aS, and closed ut Dosi. North
west commnn opened nnd closed ut b1M, after
ranging between NIX and ol!:. st. Tnnl WINS
firm, and advanced from 77E to 7ols, closing ut
70. Tho preferred nado x, to 10o.a, Illinois Ceti.
trial advanced K, to 1olA; Alton Il, to
1DGh; Union Pacific II, to 80: Ohio
l. Mississippi X, TO 10A; Iron Mountain
II, to baAs; st. Joe u. to 35al; Dcluwaro & 1fud.
son u. to 75!f; Norris !; Esscx X, tn 10t: Kunsas
s. Texan Il, to 34; Wabash preferred II, to G7H;
Minneapolis Il, to Az; Western Unon y, to
1ooE; Northern Pariilc Il, to aeH: Manhattan
TX, to FIX. Ohio Il Mississippi opened Mt 5s!i
and closed at 5sH.
Columbus, Chicago L. Indiana Ccntral lost 4,
10 ooE: 1.ackawanna Il, to s4A; Jersey Central
Il. to B71f; Canndn Southern Il. to ta:&: Atlnntc
& racitc Il, to 40: Reading Il. to u; Sun Frnn-
cisco 4, to 4ff: the preferred 4, to b43: pac!ne
Mall X, to 07h: Louisville l. Nashville u. to sdi;
Mobile / Ohio y. to 2sA: Chesapeake Ohio ],
to 20; Sioux City 1i. to ISL.
Erie second g. opened at 87A, advanced to IS,
sold ns low ns 87ts. ind closed ut s75i.
, In railroud bonds, In New York on Tuesday, n
wcil-dtstributed business wns tlone, aud gener-
ally Mt firm prices. Eric second co1.sos sold Mt
s71s7A, funded Is ut E,Adts and gold co,,sols
Mt 11d rcg1,lnr aud l15!; buyer 30. Tho Issues Of
Missouri. kunsns & Tcxns were less uctive than
on Monday. hut stea1y as 10 prices, tho first con-
eolB at r3h19}A, and tho Recontls ut rDGIDA0
60M. Boston, Hartford l. Eric tarsts roso from,
bdss to &c. Chesapeake & Ohio tlrsts series II
declined Y, to G3A. and Rome, Water
town & Ogtlensburg 4i, to 6gA. New Jersey
Central consols declined to 1os,s, hnt
later recovered to 10+t. Canada Southern fell
from B9K to s0N. The nctlvity In Mobile i Ohio
dcbcnturc4 continued with ailynnccs Of 1sf for
tho nrsts to G8li, Of " for tho seconds to II, OF
per cent for tho thirds to %, tho fourths selling
ht % and tho first mortgages Mt 07dl0sdt97. st.
fo,,ta 4 rros Mountain first prcfcrro,l jucomrq
rose VI per cent to E3 tho second incomes selItug
at iOasG80E, Ind Mt 70H buyer thirty days Nor
rs t. Essex consols werc Il higher, Mt 10TH.
Denver e. Rio 0randc flrsts declined n, To Uft;,
aud Tcxaa Paciiic Incomes advanced aX pcs cent,
to73.
Government bonds were active Mt advancing
prtces, There is a good pcncru demand fDr
bonds for the Investment Of tho earnings Of tho
ycar. Tho a wero 1Otlik hid md 7fk3k naked In
New York, md lO,k bid and l03X asked in Chi
caro-. Chicago dealers wcre Offering lE;A for
larRo amounts of a., Tho 41xs were u higher. Mt
togX bid md lO85 nskcl, Tho Is showed rnin
Of x, Mt 1o3x bid md lB3s: asked. Thu 8s wcro
lo4 and 1o+X.
Foreign cxcbnneo was t,ull an,f firm. with n