, 1880-01-14
FINANCE AND TRADE.
Speculation Running in Favor Of
the Cheap Stocks.
Tho transactions increasing md
1'riccs still Rising.
Governments, Foreign Exchange, and
Local Securities Higher.
Tho prodnce Markets Stoadlcr md Gem
orally Flrnlcr.
Provisions Quict-Grain Was Moderately
Active.

PROVISIONS Qulct-IfQlN WIS ANVuSAalSy ]
Active.
FINANCIAL.
Under tho Irresistible stimulus Of rising prices
outside buyers nro beginning tn epcc,lsntc freely
in stucks. All tho Chicagn brokers report
mora ,lcttvn business. Tho standard !nycst-
mcuts which were the MAtn ntsr''ctton few
days ago, nrc now passed by for tho chenper srt
tf ecchritica. ChtcnRo, st. Louis & Now Orleans.
which tho ilay bcfnrc was ~. rosa to:M. llons-
ton l. Texas went tip frt,fn II to OF. mud Nnah-
villo & Chattanooga nffvanccd To n{. Eric took
scvcrhl stops forward, making e, to 4si, and
showing itself ono of tho fnvnrita Of speci,la-
ton. IT not tho leader Iron Mountain WIS att
I've, and gainca 1!t, to IL. Other large gntns /
were st. Jop common 16, to;fIh: CAnrh South |
crn .A, to 12K. Northern Tnc!t'c started out |
Of tho torN,r In which It has bccn buried, andt
with numerous transactions, wont up TO 's'st Tor
tho common, Il gnin Of ~, md to ~ for tho |
preferred Euln nf ii. Heading, nltho'IRtl Its
annual report BhowRn lnss Of e eu] 0 lust yenr,
making losses of $0.0oO,oM III tho last thrtu |
years, Is soll sustained, ,a1d yretrrsny tnnt'o ".
to 70. Kansas 4: Ttxas wtS very Activ0. Ac-
cortltng to tho talk Of tho street, 1t IL to De ntc
a second Knnsns Pnctflc- 1t sold MS htEh aa 4lH,
closing Mt 41;t, n E1in Of !. KaHsns & Tcxns puts
wore ntYcrcd for 10 days nj 81, nt per cent. I'LL
nOA LEIllFll Wit5 W ACuhHNf "+NA NANN1 ''."N'eH
fhnt have Southern, connections. Towns 1000
eharcs OF tho Chicago, st. Louis 4 New OrloRns
et9ck, md Of course gets lts proportion OF
tho bcr,oflt of the rising fAslo at that
stock. Russell SnRo WINS rcp1rtct to 10 selling
N0-day puts on st. Paul Mt 70 for Il per cent
The price ycstortlny was 7al{ ut tho opening aud
ctoen. Tho shorts were reported tn bD buying
Western Union to cover. butit declined Z, to
100h, after selling ns high ns ION. Tho nd
ynnccs not already mentioned wero New York
Coutr1,l II, to 134H; Lake Shore 4. to l0lE;
Northwestern preferred A, to 10iS; lilfnn's
Ccntral1. to 1n.M; Union Pacific !, to SDA; Erie
preferred ]. ITO TN; C., c. i I.C. Y, TO q: 1T.
Joe preferred ". to 67h; Lackhwanna w. 70
eNA; Minneapolis u, to Az; Atlantic l. PHctf!c
Al. 10 II; Bur Frlncisco 4, to 4:A; tho preferred
4, to IS: pnctie Slnil x, to 3aAs; Louisville s
Nashville !, to sA,{; Lake Eric g. Western i. to
81; Mobile, s. Ohio y. TO 2ss(; Alton X TeFre
Hautc Il, to Is: tho preferred II, to COX; Ohio
& Mississippi preferred Il, IN GA; Manhattan "
to E3,i: Chesapeake e. Ohio y, tn FIX.
The losses wcre Wabash preferred X, to 0sh:
tho common u, to ~; Delaware &fIulson 4, to
TEE: Alton Y, to 10sn; Northwest 4, to o.; and
Michigan Central Il. to 9oat.
Central T. Arizona Mining Company sold down
frnm 1Bas to II. ..
Eric second 0s opened and closetl Mt ash.
Railroad bonds, in Now York last week, wcro
aetive, and, IA u rule. buoyant. Tho wcll-eatab-
4'r n,n,'7,.s ,awaroo5 nrccs ,nntnT,nly Tim
el1,t,'' ', s.," . nsans-a,s Er;, Nav yorx can.
1o"1 auau' ,"o I,h,as,,, i,,ltrotor r n,rcy
and Dther prominent Issues were In nctivo de-
n,nra ror invnstmcnt Among tho lowcr-prtced
!''AHn Ioc !Ns's.,G Mn,,a." ~. n"s., t,rs,a a
uof.os t"o e.""eo,, .,s,,' ~ .Ss ,.t.". ,moss,
nha seeonaS, % usp.. aaa." ~ Nv sso,,, wa = oss
ennt"tt@ wv, '.,s 4a -, ,e,t !, "a Tnn
dnA llo sccuHus IiuiA so;a !" N' 4uu
Mobile l. Ohio dcbcntiro bunls advanced
= steadily, tho Improvement ranging from 8 10
nor cont. Tho Iron Mountain Issues NerO Ctn-
r.t.,.,,r mud nj IN
B1lEHHHh III IuH tCAllllkoS tAlo ~" F-a