, 1880-06-10
FINANCE AND TRADE.
AL;ttie Wall Street Boon1-Stocks
Active and Strong.
Currency Shipments to the Coun-
try-Bonds Lower.
Tho prodnco Markets More Activc-Pro-
visions nnl Hogs Rather Weak.
Corn Depressed by Largo Reocipts-Wheat
and Corn Easier.
FINANCIAL.

FINANCIAL.
Wall street Is having n little boom. Stocks
arc going up rnpi,.Iy, nnA use very notivo.
r,uino,,s ,tcr ns n TIC Ecnttincncss OF the re-
sjynl thpuS. there Is mn disagreement uuout inc
brlIlilrey VI tho prospects ~ biisItatss' TUG
crots Il, tho central West and Northwest prom
tsc 10 te Rtpsl beyond my previous expef!ciice'
Although this Will 1nnka prices Ut hro.sdstuus
gn lower, II will Md grcntly To tho revenue of
tho rn3Iroads MD tho prosperity OF the
country. Wall street is apparently dscountin1
1lcae hnppy results. Advices from New
Yure s.nte II tn hu tho general belief there that
thu rcnctton from tho oscrspceuatsosi OF Inst
ycnr tR gone It's length, anil thnt Il Rrldtul ltn'
uroyc,ncnt fs to bu looked for. Local brokers
stutc t},nt business here IS growing better. and
TINT the Islhllc arc beginning to buy a9ntn. INC
Fnurt interest anong Chicago Operators Is very
light. ......-.-.,.,
Purchases by tho shorts, good crop prospects.
large g,lina It enrnings iulu--Ast. not letsst-
manipulation nll 1utnc,l To produce coilsueea-
l,In Gniu IN quotations. Tho only exception IN
tho ne.,vc stocks WIS ttAroogH. which lost x,
to51A. nfter selling ut IL and haA. ERIC was
nctlyr and higher. Tho recent announcement
Ivy President Jewell thAt tho roAa hui earned
enough for Il dividend OF tho preferred Stock,
ntzhugh, tho money would hc spent for
i,unroyrtnGuts, !l,ls had stimulating ulIcct On
tho s,ek, Tho common ADVANCED from 's5S 10
a.
went III, from ii to Go4i, clostug With ill ndvilcc
OF 2,S, ut 6Ysi. Western Union wns very nGtlvc.
nnu made handsome Huin, ran9fng between lui
md Dd md closnE mt W.. Among tho lnrHcss
g,lins were Michigan Central Z, to so; Lake
Shore ri, to 1GI4: kanHMs & Texas ~, to 3a.s;
rnc!tlr slaIl 1, to aNass.-thc highest price Of tho
tuy. The coal stocks did well. hudson mndc
IL, t.. Gas4; I.nck,lwutinn ass. u TS,-httcr
selling ut 75,& md TN; Jersey Cehtra!
II. to OF, ranging betwccn osA ano
Gl!s: md 1scading \, to ah. Some D. OF
tho ct,ea1, stocks showed HOW lifc Mobile T. Ohio
alyuutssl from 15ll to 17H; Chcsapcako ~ ~
l7A; tho il,st preferred Il, to Is; md Altnn 4
Turre IInute =, tal7 Other ganH were Burltn9-
ton y, to 1l7n; Alton Il, tn los: Cleveland. Co
lnlnbua, Cincinnati Indianapolis ~. to IVY
Erw York Ccutrnl Il. 10 II; Northwest IN, 70
0il1; 81 Paul 1.4, 10 s5}4; tho preferred u, D
1u,X; Wabash IL. to 35A; tho prcforrcd IL, to
G.1;: Ohio TX, to ssA: tho prefurred .s. to TN:
st. Jooa to ;s34; tho preferred y, to I'M; 70
lumbus ChicnHo & 1ndtanu Contrib u. " ~ ];
Union racltlu IL, to 89ai: Iron Mountnin @4, 10
AiA; Nashville i, To 130H; Lake Eric v, to ~:
Northern p,cillc u, to :a3!t: tho preferred X, to
AsA; San FrAnclaoo preferred u, to iaA; Mnn-
hnttan IL. tn u; Sioux City ". TO 40h; tho pro-
frrrcu H, to AK.
Eric second u opened ut 8i1s, sold up to Sass
md closed ut SiL.
llallrond bonds, IN New York on Monday, wcro
strong and active, Erle consolidated seconds nnd
Kansas s. Tcxns seconds bcng most prominent
in tho dealings. Some lMrRe amounts VI the
former changed hands during tho dny. tho bontls
pelltng up fr,n SIN Il, gI.{, nnd closing ut aah
do funded Is advanced fr1Im 76 TO 7ih: Kansas
& Texas illsts FROM 1024 to ldJh; do Beconds
from 5s4 to 5o5i; Texas Pacific lncolncs from 9.
to ON; Boston, Hartford j. Erie tlrsts FROM dD7
to VII; Carnda Southern guaranteed trsts from
8pto soH; G., & L G. supplementary firsts from
u to BA; DO incomes frum k,h To %; CentFa
Inwa Nrsts from COX TO 95hs Grca
Western seconds from feh to 19a; Hun
!. nibal l. st. Joseph convorttbIes from ~
to 100; Irun Mountain seconds from H'
:. to 99A: do tlo.prcfesrcd incomes from 68x
; gDI<; Now York Elevated firsts from 113ti Il
J., 1l3ai; Kunsas City s. Northern real eatate i
FROM 100 to fU7; Lufnyettc, bloomington NuH
cic incomes from 81 10 Is; Lchigh Wilkcsbnrr
nssentcd from, Hsts to E}H; Mobile Ohio hra
. dcbenturca froui " 10 70; do second do frol
ny to 33A; New Jersey Ccntrn adjustment
from l0i to l06; 10 incomes frnm tn h II
Fcnril; Decatur s. Evansville incomes from
:. to IL; Nomc, Wutcrtowu & Osdcnsburg Atst
consolidated from 17h 70 GI: Ut, Louis sA
: FrancLsco Clnss A from eSh TO ol94; st. m,
i consols from 1ls7t to ll4h; do Is from L7h
! 1901; Wntush sccontf from 90 10 poh; do cur
J vcrtlhes from NJ u DSI. knnsas Pacific first
:. {J.& D., declined from III to l13h: Lake Eric
! Western tlrsts from D9 10 081s; Norris l. Esse
!: scconls from ia tn 1t1x.
:! Government bonds were not nctivc. Distrit
:. of Columbia AG5s were gGh bid and VIZ nslet
! tho Is, lUJ lid nuu l09A asked; tho ihs 1HIh bi
!: nnd l01As asked; tho bs 1Gf bid md l03a hakct
y tho q, lUGt bid mud lot nsked. Tho Is ana ~
i. closed ut IL reduction of Y.
;. Offerings Of foreign exchange Werc ItHh
Strrling posted rntas wcro iSsGAa01. Sterling act
= unl rntcs wcro 4B1h and tBDH, nnd Bterng con
:, mcrcul bills wero 4S40DtBlh. The exports fro
= Now York tcxulusfvo Ut spccip} fur tho Hec
: ended Junel auauunt To ~ o.. s2, md tho tut
r. sinco Jun. is $l6o, ,fo. Ia ngainst sl6 auS 80.
j., tho sanle pcrlol Ut lust yenr. and 1a0,si4, ,OG0
n, lS,Y, Tho reported Imports for tho week endt
(, Juno ntnount to $7,3lat95, OF which $l,a0lY6
:. wcro dry Kottis nl,d $a0l2 15a general incrcha
dlSc. Tho totu1 sinco jan. Ia $!10 Gbi G50 ugni,l
Ste, ,e4 .1h1 Ia thu corresponding period In lBi
!. xl1, ,dD00ll In 1873. Tho inlportattons Ut spec
: and bullion at Now York during tho wcck cl,
:. Ing June amount to ea7s. .ooG including $a7b.7
:. gold and fa, ,:.S7 silver. Stnco tho lst 0t Jnnu
: rytho mportattons will reach ST. Isl, $50, catsls
=, tug or sl.7M CIV gold. *:,s0,sas silver, md $40
T. brass and copper con From tho lat Ut Al,gu'
y. ls1p u juno L. 1850, thoro haa bcon
!: totai Importation OF ss.sas, -.
i which $7Gr01s!tu Is gold md 3s,:.1u,2ssaB alive
=, II IL believed that June will 500 decided d
J. crcnso In tho arrivals In this country at forci'
/. Inprchandiso. Tue Woo4ls now coming III WI
4. on,u1ed during tho BOGUS Ut last year. After I
u. uunntutul impetus thus given 10 inp1rtNtlO
y hAs bccn exhausted, consumption will begin
~ attHck tho surplus stock III this country, Ailu
= will not bo long beforesupply md doinaid rca
l. their normal relation.
u Chicago bank c1cnrIugs wero a taoo 600. O1
i! light ordcrs wero rccoIved from tho country
I. currency, but moro goos out ttnn co1nta
4 Now York oxrhnllRo st>lI butwcun banks ut =
:" Ge.5c Ier Sl,O00 discount. Lt,uns welp In slu
-: reuucst, and ruled ut Ab8 por ccnt oil Gull, u
-. GG;B per cent OIL time.
~, Thu 1loaton Commercial Bulletin Of May 20 Ia
=. Wo oca,,not help looking upon tho present con
". ton of the ,untkot for many c!usscs Ut stocks
s., securities as u favorable QUO for buyers. 1tot