, 1880-12-01
III TELEGRAPH.

NEW YORK.
IA Epcc1ai dispatch will bo found In our ncws |
eolunus.l
II tbs 1Ifstern Assoetdttf 17ress.
New York, Nov. :N.-Tho strlngcncy III tho
inUney market during tEe afternoon WIS tho
most Hovcrp knuwn III Null street for long
ttn,o Imst. Stock Exchnngo borrowers bud tu
ruy Il per dica md rer cent I'or aunusn.
Governments wcro stcaly for Gs, but weak md
Il luwcr fur other Issues.
lsatlruatl bonds wcro unsettled and generally
iuw1r.
Etate securities wcsc moderately active.
The stuek innrkpt opened generally strong,
md III carly aoAitnYs UT advance OF Il to ~ took
place, Northwest, Nashville, Chnttnuouga.
Western Union, anu conf stocks leM'I-
Ing tho upward movement. Toward noon,
unafor tho influence OF tight mUnry,
n heavy pressure to sell WIS developed, |
which continued throughout the nntlr0 aftor- y
tloAn. resulting In Il steady tlec|nu in prices.
csinE quotntluns bolng III most instances ut tho
Invest figures Of tho duy. Tho decline from tho
highest pnInt rnnged from = to III, nttd WIS
must mnrke III telegraph stocks. Northwestern,
DcAware. LRckawanna & Western. Michigan
Central, Now York Central. st. Pull. aud New
Jersey Central. Chtcngo, burlington & Quincy
russ curly In tho day, md later rcncted N,
with l1lRl sAles ut recovery OF |. 1.ouarlllc s.
Now Albany stock, which, sntnu months since,
soil 1T too and upwards, nnl which hds bcon
neglected for iong tlu,o IIlst, was offered from
40 to 10 before 1t iutlnd Luyors. There wcro tho
| us,lnlly hcnyy trslnsAclious IN buyer thirty
| OPTIONS. 1T stouks At :aD1 above tho
| prjco In n rcKniur why. Long IHland ftAlre,ltl
stock. which up to yesterday hnh moi been dealt
III IN the Exchange for lonE tiino, to-1ny ad-
vnncca fr0tn - to Il BID. At tho Cl0so or husl-
ness tho foreign rxchnrHo market wis uom0rnl-
lied and nurnlnni. in fact, 1t wis difficult 10 sell
bills. this largely on nccottnt OF tho pressure OF
| bills to raise InoEey. The Treasury o-day bought
| slit. ,0uJ liz ar lRs9
The coursa Ut tho stock market during tho last
hour Of business wns largely in sympathy with
tho course ct Enonoy. When cnlt lonns fell oil
fur n short time tn q prr rent. stocks became
tir,n and ralllcti; but when tho ratu a,lvanrcl
WIS very much depressed. IherO VIII II
Rreat pressure to soil III lRtn dealings,
antt tho downward movement WIS accelerated
Iy II number ot "stop orders " III 1narkct. The
liquidation Ut accounts naukcd BY slender mir
se' arss e y s.issrsss sssl: @rposss i tSs st.sk
market: witch WIS to buy chcnp stocks under
T!@ UrasIfc says: "The spscH,!ation to.'lay
hss esn it,!'as,ccl s''trsly ~ se ,, movement S,
nn!sh ~ h!al, us one, fourth af pnr cent fnr
%ys nso IL Ss a n' Sn.s ko%S'y %E sn1a s% y
hAye as natural result. bee1a forced TO SCH utt
ulld this wedding process is one thlt vii
Mit!1natoy ErHnllS pemen' n,s, SnGentt1m ,,,IA ~
I thu notS nh'|t s'tkn' sy ssuMvy - ''.Mt. .M.
tnntGly close: ana tno pTsrses @ n, t,,,n ahai y,
WIZ W. " "M ,t,a ~ .,cr "a "u ncen ~" n,,,m
~ .tn. M MI ~, ,'nv H."
IN ~ , u Il Hi . ~ ~ uy III
r,,' ;,rs'i ~ II "r sr.oj r., ntr,,,riG tl,"fr
i,nrs .,f stuks III tIes,rod irurra, Ttnfo nil Cu
nr; @ ,,su, thH =" w nsrt -, w, n,,,
@ hn",r W. an,mIs NJ II ii3o vii II nrryn an ,. XIII
@ sns4 %i,'! 1ext ws"E fran, ni,road rssu s,n, III
aHH asS 1 s,, '9 ~ so % sSr MaSs t.si I'll, r tSf q:
s.rst m .t,ts s Inv WHY, ;hxt, ,Iui y, ,i, i,t ~ w
a.,, Mu 'sa nun as' M LII us' ,o prs:., may@a ~
Erj" wns very stn,ur tnrouphuut' nn,
nis i,sH ~ ri, s,uriMJ nf ~, ,y,Mr., a''a' ~
Tc,, notivIty and a;tynvs,t #, l,aEo ErS Wcst.
otn STOCK ~ sNGM " snS mnnhsemlen
saMt ,S \, s,,s,t Mnu n G,,. tort,e. -
n.s "!'r fnr liz n"Jiata costTaein "i M In
l0ftnnt extension " tna raisu. ns,A Wttich W.
rn5ao1y MMxe nne "Mo % ~ m'>M'IthnM. >T1 r. nsao, Mms