, 1880-02-20
Strong Difference OF Opinion
About Future prOS-
poets.
Government Bonds Weakening
Local Finances.
The Produce Markets More Active,
and Generally Stronger.
4 Sharp AdFawo IN PROVISIONS, with o Better
Demand for Meats.
FINANCIAL.

Stocks were strong, with fcw exceptions but
thern wcrr not nany of tho rms that hayt nlnde
tho market 81 excited lnteiy. Iron Mor'ntaln.
nftcr il,ctuntfng between ~ md t2sss, closed nj
a, wtcro 1t WIS tho preceding evening" Ohio &
Mississippi was much lcss active than It hns
been, tho common selling down frn1n ati to ;n5i,
and closing nj N, II loss Ut II. There wcro but
two quotations of tho preferred. orc Mt the
opening Of s.af, md one Mt tho close of n. At
jnntic & Pacific mntic tho most successful rim at
the tny, opening at 4ail, Selling ur to haA,
md csosIng with n slight renetton OF X. n Hntn
fur tho day Of ast Tho other fnvorts were
New York Central, which made 1if, to 1GssT;
Ln,sn shrc. which advanced ], to 10i't; 81. Toe
preferred III, 10 13s; Western Union ], to lode;
SIN Francisco preferred IL, TO Is; aild Ccntrnl
Incino IL, to 81.
I1csLtlcs those, there wcru gains by Michigan
Ccntrnl of II. to 0lA; st. Paul Il, Ia Tn1i; tho
preferred Il, to 103A; llltnnIs Central ~ TO 10i;
DuFlInRtou It Quincy y, 10 tiGN; Union l'acffo
Y, to W.A; Cleveland. Columbus, CINCINNATI &
indianapolis 4, to tx; Columbus, Chcngn &
Indiana Central Il, to 2fA; ST. Joe ss. to 4iA;
Morris & Essex Il, to Jos; Canntln Southern si,to
GsA: Kansas l. Texas X, to i0si: Wna,ash ",
to 45S; tho preferred +. to Tux; 1t,
Paul & Minneapolis Il, to b7A; Rcatlng Il,
to ~; San Fn,nrtseo n, to 45A; Lake Erto &
Western II, 10 AN; Chesapeake & Ohio Il, 10
:o.4: tho first preferred u, to H.i.
Tho lnssca were Chicago. St. LOttIs & Now Or
leans IL, o4iA; Manhattan Il, to 4oa: st. Ia,ll
& Sioux City III, to ~; tho preferred x; to 8lts;
Northern pncltlc Il, to Ji: 1Mcknwnnnn u, to ~:
Delaware s. Hudson i4, to IN; Eric x, to 4Sss;
and Northwestern Il, to fon.
Chicngo, Clinton, Dubuque s. Minnesota wns
GtAlOt; Flint j. Pcre Marquette, e9h; tho
consolidated Is, Si13; md Boston trr-rower,
1s1s III Now York and 17,s III lsostou. Atlantlo
s. GrCnt Western common wRa 1tIi91tS.
Private ndvlccs ftnm New York reported tho
market rs strong. with tho prospect Of further
advance. tho1.xh homo conservative brokers
wore recommending customers 10 takc thcir
profits
Eric second gs opened Mt D3A md closed mt
03N.
Ii, rallrond bonds in Now York, on Tuesday,
the transactions wcro rnttor smaller thnn nf
late, but tho denlfpYs Kencrn.ly weTo character
lzcd l,y.a strong tnnc. Eric consolidated ilrBss
advanced from 1301l to 12l!4; tlo seconds roso tO
Git, fell MI to Dei. md recovered 10 OH; and
do funded Is sold ut B7atGN. heavy business
WIS transacted In tho Chesapeake s. Ohio issues,
which sold Up to GSs; fnr tltsts series ., and to
43M for currency 0s New YT0rk Elevated trsa
rose to 1l.,;. md Metropolitan Arsts were tnltGn
freely Mt lG3M. Ohio & Mississippi, Springfield
Division, advanced from VI tn EHs. Mo-
htlo l. Ohio nrsts dobcnturcs fell oft from r to
"a, mud recovered to 70si. ltone. Wntertown s.
Og,loI.slrE tlrEts fell oI to r. and roso to 7,1.
Tho I.ch & Wtllcsbnrru ussertcl : per cents,
which pMy Interest Qnnrtery, sold ut tGs&l0nK,
and, owing to tho lnrKe earnings Of tho COLL
pany ant, the favorable condition Of its il,ntlccs
further ntlyRncc III tho price Of tho bonds ls
anticipated. k1nens T. Texns seconds md Iron
Mn,sntain preferred INCOMES were 1Dl!1 pcr
cent lower. st. Paul g. Sioux City nrsts eold up
to 10o, md Mnbnah cohycrtiblca to 1Gl. c., G. g.
1.C. issues wcro VOL per cent higher.
District Of Columbia JOS were 07If bid md
BSA nskcd in Chicugo. Tho AZ opened III Now
York ut l07 bid md 107,a nskcd. IN tho nftcr-