, 1880-06-15
FINANCE AND TRADE.
Stocks Not Active, but Firm, with
an Upward Tendency.
Chicago Sending Currency into the
Interior-Local Finances.
The Pfoduoo Markets Generally Stronger
Provisions Unusually Quiel.
Wheat Strengthened by Net Wtatker-corn ana
Oats Pirmtr in Sympathy.


Oais Primer In Srmnatby.
'N'' '"s' ~ "1"'Ps'''
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FINANCIAL.
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Without lnrHc volume Of transactions the stock
mnrkct wns t'rn,. and prices wnrr generally nd
vanced Bt,sncaa was not lnrgc In Chicago, aud
operators generally fccl tntlisposed to eaI freely
until nfter the fato Of the crops Is settled. With
Kuod harvcsts+ stocks will be ccrthin to 80 up tn
Iigurca In comparison with which presont tlslotn-
uons would look cheap Hut With W}or crops
depression equally marked will be inevitable
II Ia thIs uncertainty TINT gives Western o1ernt-
otA putsc, md puts thoin out Of sympathy With
tho talk uf hul movement so freely uttered ut
Now York. They feel It safest 10 walt u few
weeks before hhzatdlnx much on tho fail bnsl'
ness 0f tho rrllronds.
Aivfcca fr0m New York were almost unHnl-
NUTS III their confident prophecies of higher
prlens aud In their recommendations to buy on
every weak turn IN tho mnrkct. Lake shore,
Western Unnn, st. Paul, md Northwest were
especially nan.ctI lis likely tn advanco. Jersey
Central seems to bo well thought Of. md Could
was reported 10 I've purchaser Of Klu1alls t.
Tcxus. co..
The New York c1evntcd stocks wero notice
ably strung. Manhattan ndynnccl To 34Ii, e!os-
Ing Mt 3,h. IL Rnin Of w, New York Elovntcd was
isin Mt li3. Al,d Metropolitan rpse !, to lDO,
were Western Unio,i. Lake Shurc, JutHcy Ccn-
trnl. and st. Joe. Western Union is pointed for
lW. 1t sold yrAttr1Hy ~ high rs lU3A, eltlstnE ut
10tH.-A gntN uf IL. At1Mltlc e. 1'ncitlc fnnslu
the sanlc guil.. to 4l.s. Lnko shoro n''sasiccd
from l0Jsi 10 1861, closing at l0lss. leouk 1slan1
ma,lc Il, tn lG,: c., Z. Z. s. |. =, to 70: Murris Il
Essex Is, to 10tM; Illinois Central ",
to 10sH; New York Central III. to l:s;
Michigan Central ~, to s8K.' Eric Il, 10
Ta4, after selling at 35A thu preferred ~. to
GUS: Northwest !, to X: III. 1'aul y, 10 15h;
Wabash IL, TO 13si; tho preferred n. to BJE;
Ohio IL, to .u1t; tho preferred J 10 13s st. Joo
~, to 3l5s: tho preferred II. 10 IN; rncfe
Mail y, 10 :slh; Delaware l. Hudson TX. nfl,
Hftcr selling Mt T1E; LacknwlnrA Il, to s6As:
Jersey Central III, tO G1t, nfter selling Mt t.I;
lca,l!ug ~ to ~; C., C. 4 !. c. ". tu l4h t1nolt
Pacific r., to aDx: Iron Mountain j, tn 4h:
Louisville & Nashville ~. to 1.ih: Chntta.
n"oen ~, to 57t4; Lake Eric III, to III; cntandn
H0nthrrIt 2, to 81: North9rn Pacific !, to II; the
preferred III to 4sh.
The market closed Mt slight reaction from
tho highest prices or the dny. Ont rcmnrkhtln
result ot tho tluttunttons w1s thut not u sfnSlp
nctlvo stock showed nny decline. ,
Erie second Es opened ut MT, sold ns high lB
65M. md closed ut Mn.
Government bonds wcre dnll, but closed with
slight Improvement In price, District Ut
Columbus 3G,s were "a bid huh gS asked; tl1a n,
1854 bid and 1O9 asked; tho IMp, lU+s bid and 1I0
nsked; the 5s, 1GI hid md 1G3N asked; the Gs.
l.kI4 bid o1ld l07 asked.
Foreign oxchnngu wns hcnvy. Sterling posted
rates wero 4sJ4 and 4bDtt; actual r,lles wcro $50
ansl 4so; md sterling commercial 1854 6IlBl. For
franrs posted rates wcrc 5ls1; aud 5l6sS for Pnrs
md 5l8ai and 5tGA for Antwerp. Commercial
traucs worn 5.l11 fer Psris 6s,H for Antwerp,
iuld 5.s..H less Lilo TOR llnyre. Marks wcre
o. nuG U5.f for postctl. nu,t M; for 1ncumrn-
ta1y. Holland t,orins, loH1 for sight; Austrian