, 1880-12-10
Reaction Caused by Tighter
Money and Break in West.
ern Union.
Light Country Demand for Cur
rcncy - Foreign Ex-
change.
Tho produco Markets Acttyo md Un.
settled-Grnin Very Weak, but
Closed Firmcr.
Provisions Fall OF IN Price, but Averaged
Stronger, with Small Receipts
Of Hogs


|
~
FlNANClAlI.
| ...a
Western Union, Union i'aoElc. anti burlington
4 Quincy wero tho centres Of inierest In the
stock market, though tho lust WAS mot very
| nctlvo. Operators wcro ongor to lignr tho tlrst
I,bSs Of tho promised scrip dividend IN Drlinn.
Ion. hut hu news cane, The stock advanced
from li3 to I'S closing at 170n. Western Un.un
WaR t'Fcsaof stcndtly downward, TIL ut Inst tho
aren OF BioP orders WIS reached. nnd h tho last
hhil- -hohr tho stock went down In pAnlc to E.ts
'ar4c ntsinbor VI tho Chlcagoans who bought
western uhloh weok or twu axo sold II ycstcr-
d"y, hnd acknowledged thoir ,nssos. The
'leolino has bcon, MS was roretohl by
II ftw knowing ones. moro thn,e ,,suniy
seVefe' icw stouf-hearted hulls, WHO 10
| not hAye to l'orrow i,,o,scy OH lhctr stook,
nfo Sill! holding It, confident that ultimately
inoy wlli act nut without loss. Tho drop In
nestcr'! Union nnu slight strlnsenos In monoy
NJ iho ctose. pfcn'us'i of l"'s' per cent, gavo
ihelAlleholt luok 10 thiE1ga aud cnusod u slight
1oao'n'i III "hat haa bcoh III! tfen bttoyant
nnd haltpy tnnrRut. Ut. Paul WIS noticeably
stFo's a!l aaS. una rose iro'n lioi to fliA, oos-
my " lll!a. Northwest declined 10 lSlA, nftcr
Selling at l.,h. ~
western unioh lost ~, 10 s.;f. Waeash com.
mon wns wenk' ana ''eelncd l. to An the pre-
letfe' nttef aayhnc!nH to w. g''!nE Daok TO 7oH,
stocks wese IL soft spot ID tho market, Hudson
Low, tx. to NJ: Iacl<uwaunn IL tn io,. s, s"rso
tatr'a! ~, TO 's!s; ahd ltcadl''g y. to u. Nor
ris IT, Essex ssnpnsilxed * dcoIsninE to 1lo.
1.e3e!i; ch.ttan,'osa !. 10 7s.
butt ,toyrtnrslt the ,luy before wus h,yly tlou1t
III. hut xulnua ouly Il. u lOrr rtrr aci,,n,t "t
iost Tin nrucst r,im ~ wna ,a.i, nv 1,r1,r,t ~,
e. Quincy ~. to 1sa}s. Other linportnnt a.l-
vancos wuro ltoek Island |. 10 lsd; Northwest
sns 4 ~ cyos 1sf ~ ~. o,,ts; e. noai.,i'I
~. eas ss. A uAs W l"nissse ~ Sash''lln "
to b1it: Chicago, 81. Louis 4 New Or!eu,ls III,
10 39a;. Nv
Tuc Invest t,un,r rrc,,tc,c, ror ,vos.,r, 1,,,,,,
t"e 'u"eo' ~ "sp !"to.etcu i"e western unlon
~ W. out many l"s'defa ihinK IL wi1s ~ 70 ~ it
~ - =, '1a. mcrS lo soarcs OF IT wcra
ncli III Cn'eaKo ttll within t'Ay OF two.
<>s ln1 oaeast', @ 81. ra', on1aha Directors arc
expnosca 10 acol1rcn III per cent dividend TO-
Hovorn,ncut ton,ls wore act,ye, tho pub,,o
selling. In lyn,enrn tiatr,,t ~ cu,,,,n,n ~.
,rs ,ser linz an ," ,seru1 ,,e i1;. G Ssna sa,au '1
@ io; i md o; ~; 4as Ma Wr' .a g. @ aa n i'M' ILL., thu %
WI, WIN rssarti s: to sho H. tho First Nat'onai
'n,,k INK. o. , Mow i1rs says N rscont circular:
nj ,s been duo ucy to suecu,!yu t"1yt,,u.
M mVest,rs hn n2,tcnt ~ :U ~ .n,,ia;, 9,s ee
securities th!s .cAnn llus at,t,,y lnrNo tij1nln-
lion In bunk ho!.ssgs Or tho lnH bUi1s, mil n
G0sF,espnnaE as ,noIs',so IN tue sl1ort' nptttg
.taEtusi Mn1 su, In rat " ~ % 1f i,n s
Tho exisiiuK i pUr cunts hotir.,t nt n1i}.
Yield tI!s per cnnt Income, .lt,tt ut l1R.4a yIpll
. pcr cent tilGptllD II carried 10 i1nt,,ritM
hit MIR ur.tpr{,,itrt, shws ,lit h,,rnra f,r In
rAsf mani niN.,,rs ,,i,., t,r,tr,,sn, ~ y ~
s,.Ssng ,i i'n'o 49, utCLS.EuCo - tAu WVEF
Wttu uo'tut ~ itttEo proportion OF tnetr ptlr-
EHt1Se5 AfG ihf tGttrtlrhry purposes.
Currency liz fdr txktnlic, ,tjthuljrn thGy yfrId
IL much rGer jllctlt ttf cnrrict IN ,r.t, ~,
ti,nt, INV .,thnr nvIatir,, ff,tt't Gs,.n. 1..,
.I,.,. 1 ,.,ut EA.ot outa SNttGs utthH. AFo
Mtnst uAsnIaulo ott .aecoullt oI tuolr llgh prG-
MUM.
w submit these s.1Rgosl1ons to t'unks constd