, 1880-12-09
Confidence Again Apparent
in the Dealings of Wall
Street.
rho Clearings Sixty Days Past
the Most Remarkable
.. on Record.
President Gowon Sails for Europe
to Drive in Ills English
Stock.
8osiuess-Men Asking if the Cur
ront Suspensions Have Any
Significance.
acncrnl Belief that n Panic
Like That of 1873 Is
Not Possible.
The Affhirs Of the Ruined Cot
fec Syndicate, as They
Now Appear.
Ex.Gov. sprague Win Write a
Book with Conkling
in It.
Levi r. Morton VIII Be Strongly
supported for 4 Cabinet
Por tfolio.
Secretary Sherman Would Have the World
Know BE Loves Foster Like
Vera Brithor.
Ex.Gov. sprague Will Write a
Book with Conkling
in It.
7cyt r. Morton VIII Be Strongly
supported for Il Cabinet
Portfolio.
secntary Sherman Would Have the World
Know He Loves Foster Like q
Vera Brithor.

MONEY AND STOCKS.
YESTERDAY.
syxtiat Dtspateh n 7ht Chicago 1rtbuns.
NEW Ypux, Dec. 8.-Iho sioux market has
been syong and bloyant to- day for most Of tho
leadlna shnfps, Notwithstanding the 1nfayor1lblo
Weather md the persistent efforts OF tho loars
10 hammer down prices. y nOttblo exception,
to The general rule was Roadtn9, which dropped
X, wilt slight subsequent raly on tho UNI
certainty attending tho reorganization. rrest-
dent Eowen Bn!tesa for Europe to-day, In tho
hope ot overcoming tho opposition to hts
nhemes entertained by English stockholders.
Thu decline wns n'so In sympathy with u strong
bear uovotnent in tho London market this
morning, which sont Recalling down about =. Tho
declaration Of " dividend by Western union
filled to Affect tho stock apprcciabDy.
TIE REArunEs or THE MAItkEr TODAY
vc4c 1ako shoro, Michigan Central, Now York
Central, Union Pacific. New Jersey Cctitri,
Northwestern. st. paul, and Union Pnctflc, all Of
which advanced. In tho remainder Of tho list
tho movement, although less n1nrkca. was still
IN the direction Of bottcr prices. Louisville e.
Nashville a.ld Nashville s. Chattanooga wero ex-
trcraey variable, On tho second cnl1 this after.
noon considerably higher prices prevailed
than before for over a week. Tho only
eocks which did not aiarc propor-
uonatcly in tho improvement wcro Western
unlon. Heading, and Iron Mountain, ind u,eso
Fcsp barely steady. Tho strongest mid most
aetlye stocks wore Union Pnclnc, Northwestern,
audst Pnul common, but tho coalcrn, tho Van-
dcEblt roal stocks. Eric. and the miscellaneous
Sou.horn stocks woEo ait stronger and higher.
Pacific Mal ,sas strong on tho reported assured
success Of tho pa.salrla Canal schctne.
IN THE LAST HOUR
tha general markot wnsstrong under tho lead Of
Union Patlfo. Tho money mArkct in tho fOrp-
noon wns notIve at sharp per cent, but thern
Nas nothing like tho BtrIngoncy Of Lust week.
Tho shipments OF money to tho interior
md tho drain Into the Treasury continue to OK
cced tho receipts OF foreign spocle and tho do
nestle rccelnta of nno XIII and anothor. 1rho
banks do not, Oh rule, appear to bo either OK
panolng or contracting their lonns, although tho
httcE ia what tho condition Of tho reserves dic-
htts, ut ie0st whoro tho banks are oxgan-
lied under tho National system, and aro
subject to tho 45 por cent rGeervO reQtir Gn,cnt.
Tine ioans cost per cent and u commission for
u'fty days, and from that run down to
tcr cent aa tho dato Of maturity extends
Into tho now year. 1t Is likely that tho money
ens at tho Rxchaugo ut por cont Ia tho last
IN THE RAILROAD BOND MAnKar
CenttM inoome, which advanced X. but, In tho
mai dealings, declined TX; Toxas s. Pacltlc H.
come 1and-Rrunt 7s, which ndvanced 2H;
hfto aaconas, 1A: do funded IL, l;
Ssnnda Southern frats, Il; Luke Eric s.
ncsteru incomes, NJ; lloston, Hartford b Eric
nfstA which tlrat advanced r, lator docllnod IL.
eloatus Mt 4oA: kansas = Ioxas seconds ad-
saneed to Tux. ThcrD wins mn advance OF Il II.
burlington. Cednr IsupIds l. Northern tlrsts aud
otls In Iron Mountain seconds proYerrol iu-
come; Il In Indiaun. Bloomington T. Western
anse and Snn Frnnclsoo Class .; v In Milwaukee
&se Paul Southern Minnesota Davsslon), 1ndt-
.aa' bloomington & Western seconds, and ContEnt
AHaatsts: h In Ghosapoako e. Ohio outscuuY "
THE "roST''
@ya:
at the Stock EXCHANGE speou,attou bns takep
courage fru,u tho doc4sion Of the Waya una
Means Comtnlttoo to axroo u1,on nor cent az
ths snta Of Interest which tho now fefund,nR
ponda ahNll bear. tho theory be1ntr that overy-
thing Of au ,nyestment charactor should I'D.
Vance to pr1co which win Yield tho buyer . pcr
cent income, IL Inny ho oarly yot tt, asa,,,no
shat tho rnte Of Interest on tho rofuudiug
oads will be- tut Wall stsoes is prepBsesl to a.s-
sount tho eject Of tho establishment of such u
uo,.-,,oo
soyH
Union Tacino berlns tn fecl tho pffoct Of tho
vanderbilt buylnu Mr.. Tilien has ittss had IN .
9ahara tnlnsforrcd to his na1no, which ha
bought several months ago Oh adylccs This
stock has ouly lust bcu,,n ia unwnr,, mova,ncnt
Wien tls harmed thnt tho YanJcrhllt inii,,onoe
predomInates in tho atcct. Tho rr,fn shou,tl 1c
fo,e tsa mas' na as u seems Vefy isoly 10 20 %
~. ue now Year IS many Woeks old. T'hs ia
suns On I'm hcass. s 'ay W. oouu ,a, "a n ns as
ssed sano tno pcass u ado OF iate' mas mover ad'
"ats s'.ta eaost. ...... ...... ..,..-..,