, 1880-04-08
Vigorous Renewal OF the Bear At.
tack on Stocks.
Personal Hostility to One Man as an
Element in Stock Values.
Governments Weaker Foreign
Exchange Steady.
The Produce Markets Irregular Provisions
Active and Weak.
Wheat turns Downward-Clh Corn adlre and
Steady-luks FreIghts Lower.
FINANCIAL.

FINANCIAL.
Stocks wero Iowor md excited. Money VIA
kep. tight by manipulation. sccrctAry Sherman
bought pnIy 81, ,bc0,0o0 Of bonds. Tho most ach-
snttepal r,,tnors wcro Ntl0nt both ncre and In
New York. md on tho 11oar1 Of Trt,ae ns well rs
amo,,g stock brokers, nbout u combination to
break tho fnmous California operator. hero
wns certainly mnteral enough for lively timo.
Jay tiunid hns allied himself With CamInaok ana
WocrishoetEor for this PURPOSE. and tito con.
Rplr1,toss were sending 1ubilant messages nroahu
tho country TINT they wcro compelling thoir man
To let gu his stocks. Thore Is gront deal OF per-
eounl fcptng involved In this matter, OF which TIC
public got Il nlomohtnry glimpse iii tho attack OF
tscloycr on Jay Gould. This contest between tho
uInnts OF Wnilstrcet hns bccn gnlng on t1tne.
and hRs had much to do with tho Irregular anu
excited conslltlon of tho stock market Tor somo
ti1nc pnst. There is considerable comment on
tho rnrt Mr. Gould hns recently been taking MS
d wrcckcr. A fow mouths n4o he in1rndncca
himself to tho world ns now ntti. onc VINO haa
thrown natt]o his old Wall street vices, anu woud
hereafter appear only ns tho rival of tho t'fst
Vanderbilt In the creation md conservation or
rn,t,und interests. but he is hnrd ut work ngan
ulrcntly plnyiug all Ills old tricks with rniIrond
property In Wall street.
Apart from tho points already mentioned,
there was littlo tl,nt wis new in the stock |
CLOSED with interpretation MIuong brokers that
today would seo Il further lrcnk. pnti'c wns
not looked for. There were mort purchases I'll
stocks for II rigo than sn1cs for full. md opcr-
ntors lro 5uiuing courago to lay In stocks Tor O
future Improvement In uuotations-
Prices closed gcncrnily with a recovery from
tho lowest point Of tho 1Ay. Hook Island lost
q, tu 161A; c.. C., c. !. s!s, to s6A; Morris
Essex u, to lU7a: Illinois Central II. to 10dss
Now York Central ", 10 131h; l.hko Shore Nv
1U7af; Eric ~, to 43a; tho preferred !. to 0a:t;
Northwest 81, to D5; St. Paul 2l, 10 BIN; tho
preferred u, to 1G3; WabRsh 2ts, to AN, after
selling ut 4U; the prcfcrrel r., to SIN; Ohio s.
Mississippi 4, to BM; st. Joe lH, to ~; tho pre-
fcyrcd i, to GSE; Kansas s. Texns ", to 4OM:
I'ac!Ao Mall s,s, to 4oA; Delaware 4 Hudson :.
tn BoA: Lackuwaniln ~, to soA; Jersey Central
M, to IL; Koading ~, TO Us; c., G. s. l. c. X. to
10; Union Pacific II, to ssA; Iron Mountain III,
1o65H; Western Union Il. to 1o5A: Atlantic &
pacinc 1h to 42s.1s; Louisville & Nashville y, to
155h; Chattanooga i, to To: Luke Erio &
Western =, ia. a3; Northern Paclac Il. to o0At
tho preferred III, to 6sA; San Fzanclsco n, to
BDA; tho preferred 4, TO 631z; st. pnu & Minno-
npolls 4. to 10; Sioux City u, to 42h; Chcs-
pc,.ko & Ohio n, to :ssss,s; Mobile Ohio i, to
2lS; and Chicago, IT. Louis s. Now OrtcAns ], to
Is.
Tho only suins were Houston l. Toxas Central
u, TO- tx; Cunntla Southern 4, to ~; and Man-
hattnn Elevated ", to :sH.
Eric second Ba 0ppncd ut o. Il, sold as low ae
oOh, md closed ut DOA.
In rnlroad bonds, III New York on hlonday, tho
deung1 wcro conrarlttvly amnll. Eric con-
eolldnted seconds sold ut 0fsiGltF.sh, closing ut
0g, md funded Is at 81. Cannda Southern tltata
vero weak and declined to 10. closing, however,
ato0k. Denver & Ito arando tlrsts wcEo In Aut.
tve demand selling Mt 1G0lG,s. Kansas &
Toxins ffsts and secunds wore Btpndy At 1G2h and
AshGDN5A, respectively. Tho 1T. paul Issues wero
firm. Metropolitan Elevated flrsts sold Ut 10ldo
1olk.- --.--.
Governments wor0 weaker. The o.85s sold Mt
p3k and o.. Tho "a opened weak ut looF ana
1U7si and closed ut 1OG3 nnd lu7. Iho 4sss were
1osA and 1Ooh; tho Is. lH,A and 1G9s; aud tho
Ds, 105H and l0aA. , .-.......
Fornlgn exchuugo WIS steady, with business
light. The posted rates for sterling wero 4ed fo;
sixty-lny bills and 4S9 for Eight French bunk
ers' bills wcro 6lsA and 5l5. and German bunk
crs' bills D5 and Uj4. Aut,nl rites fur sterling
were 4S5 and 4SS. Commercial storling WAS 4s.1i
, Q4E3; French commercial, 6att for I'uris, ant
bs34 for Antwerp, Mnrselltcs. and Havrc. Com
mercinl mnrks were u and VIZ. $
Chicago bankers reported receipts Of cur
rency considerably In oxness OF the shipments
New York exchange WIS quoted ut par 10 Is
per &l,Oo0 premium. Discounts woro moderate
and deposits stoady. Hunk cloarlnss wer'
$3,400,UN.
There WIS fair local business In CovarnneI,
bonds and locAl BecuEltlcs- Lincoln Pnrk Is sus
at l07A, Cook County Is Of lsls. ut l14A, $1,000
Registered District Of Colun1bin 3.9is ut l'4, an
Chicngo, milwaukee, & st. I'aul IL at l09A. ~,
Tho anthracite coai trade, according to tn
Philadelphia Ledger continues To move forWlr
most successfully. From weok to week tho out
look Is steudy nil tho time better. Tho prc
OF Goa! Is approaching Il romlnerattve pniN
and wo havo to hcur word Of complaint ffo1
cotlsumers,-ut icAst tho complalners ATe Il
moro numerous now than they weru when Coz
WIS ut its lowest, any time Within tho past tw
,ycurs,
IN i7If11t3lf ina f,nf wrnr fhn AtrhIaOD TDnnh
e. srutal I'd and tho Denver & lilo Orus,ts corl
pnittos hAvo eeon settled. Tho 'conprotait
trsAuea toe wv t'lo,t ~ NV ts.1 ,'. ~ wa.
a aoAaa "o'n 1ooat..e ~. ~, , ~ ~. :,
thtlf bh8Ihc8s' Ino Atcn'aoH 9lFea up ~ u