, 1880-08-19
FINANCE AND TRADE.
Stocks Very Dull. but Prices
Turning Upward
Again.
Foreign Exchange Slightly Flrmer
The Struggle for
Gold.
Chicago Shipping Currency FREQ
iy-LOcal Finances.
The Produce Markets More Active
Provisions Bouyant-Hogs
Higher.
Corn Excited BY Reported Damage 10 he Gfowing
Crop-''hsul Easier, but Closed
Chicago Shipping Currency Frec-
iy-LOcal Finances.


u A4S AA4N N<AxAAs
Stocks woro very dull, but tho tcndonoy OF
priGos wns dcci,tc,1ly Upward. Most uf tho Rnlhs
wer0 light, hut there Wero aotno notable nd
vancGs, especially IN Chattanooga and In Ohio
& Mississippi prelerrrAl. Most ot the ndvicns
from Now York nro sittls1f, and this colncdea
With tho faut, which seems to 10 well cstlb.
lIs!,od TINT tho influential spectators nre largo
holders Ut stocks.
hut there II party In Wall street tint nro
predicting decline tIcfora amy considerable
rise III prices IL made. An this r. composed Of
tile salnu Persons who foratoa tho brenk OF Inst
Ntny, their forebo!thga nro Mt least entitled tu
cnrufit consideration. They admit that tho
crops nre good, business excellent. immigration
and tilat gold Imports havo al
rcMy begun, hut thoy i,ouve that nil rheso cle-
n.cuts nt praspeyty have been discounted by
tho movement which carried dquotnuons to whoro
thoy uro tu-day. On tho otllor stdo
ac tho account they point to increasing
Imports, better crops Nhrond thah Inst ycnr, tho
increasing demands NJ business and rAilrond-
building for money, and tho evident disposition
or tho banks IF Europp to contest this year tho
expectation Of gold, which lust ycnr' they did
very Ilttio to atop. These bears think TINT
stocks hare y0ltB up 30 much TINT tho Incidents
nrc likely to be in favor Of a deo1lno. That tho
ci1ues now holding stocks arc very strong ID
trtto, hut tiloro mover yet was Ia Wall Rtroot
clique strong enough to hold together II part 0r
It wnuted to gO 0l1t. Hut, whcth0r tho icxt
move In Wnll street ts up or down, there Gull DO
l}o puestion that tho outlook for tho hl,sinoss
nnd Industry ut tho whole country 'Fns never
brighter than now.
Ohio prcfvsrcd and Chattanooga mada tho
lnrgcst gntns. Tho first advanced to II and tho
scuuud made ~, to TN. New York Central adj
ynnco1 ,6, to III; Michigan Central sf, to e5;
Eric Il, to 4t7; Northwest \. to 1D0!s; tho pro-
fcrrcd n, to 1a0,;; st. Paul y, II 81A; Wabash
preferred Il, to T1s; Ohio II, to 37s; st. Joe y.
to y7af: Kansns s. Texas .s, 10 37!l; Pacific Matt
VI, to ~; Hudson Il, to G,1 InoarAwanna III, to
y7a:; Jersey Ccutrul II. to 7b,i: Raudng II, to
:,ss; Manhattan ., to ..0}i; Iron Mountain Il, to
5c!s; Luke Eric Il, to :se.4; Norshorn pucIfloh,
to 8l; tho preferred III, to ISL; ana O., 9. & 1.C.
u, to 11ss.
Tho losgos were st. Joo preferred 4, to soE;
Union Pacific II, TO WIZ; Western Union Il, to
1oG; Louisville g. Nashville X, to 1@5;' CaMada
Southern X, to caH.
Eric second os opened at 0o,s, sold ut o0.s, and
closed ut gats.
Iii rnllroaa bonds On Monday in New York tho
volume Of business was extremely light, aud tho
tone Of thu mRrkot wus Irregular. American
Dock Improvement Ia advanced from Jos to ITO;
1;ast Tenncsscc, ,VirKInEn j. Georgta tfrsts
from 100 10 ITO; International! & Great Northern
tlrsts from 10: to 103; 1,chiRh & Wiekceharro
consols assontcd from Hia to OK md slohllo
un,o ''ss' ,Wn,.en,ns. ''n ,',s 80 .sa,,,nai
non.sm ,,> ~ W"..n.a, e,ss,s 1ne,t
- ~. n,,ts' fra, ~ - ~ 10
Eric s. Western incomes advanced from 8a to
Gat<: st. Paul !; Sioux City frsts from los to
105f; New Jursoy Central adjustments from
~ ~. r,'. 1",n ~ ma. s.,t,'nr nooIo
- rss,,r., .u", 49,, natt ~, trt.. g. Boz,
o. r.. n s,x4o,st., -, ~ t.s,,, 1,s,s ~
,n' an'o ~ G saa., o;a.a - f.,r, 20 ~
~. ,si sa oa ooneo,iHas,S ,4ss, frn, ts ~
no,t a,,t st,,s,eJ ~ ,S,x. ~ snn,oI IA In.
% w.. ~ er,s ~ cs,. Eo.,sos e. To1os ,rsta
, e.eu ~, ,.n',, 1n"k y 1n. IT, scn,,is fr,n, mi:
~. % -" n 49, ,..,.,no S,.,s ss,o,,ns I'll
49,. oa'. - as,t. H. ec.,st.nt"na M.
.....', w l,S'.t s.,.s, w =, ~ ~ % NV
'anecu aIon. - ~ ,, ~. -.., ;,,,,,
~ no 80 VA ~ ,ts"a
sssc. MI y, ~ .a 1c, "os' 70 ~ au ~ @ s1n1
.Io ~ .15, W. a.u .vpa 1oott ~ III 1"os.
p aa i'S s. ~ ~, ,o..: ~ '''-''
aanca; tno Us, tossa wv @ta ..n 1.sa neaso ,su
Foreign oSehnnse ,ta1 Waa s.la : uui; etes'n,s .
fates 1or eon,ihetta! D1tls "as u'saet' ~ ~.
snnce ~ tao nanA W a.hG,ul1 ~, taa u u!seouns
~ loohen aoE .ua5. nv nst.lA y. =. s a...'1',
nus already ra1se" l1s 1a,e ~ pus cens ason
per cens' stcslh9 postcu tateS "csu ~, .o,zs a,
4sah. bankers aotuat rates were ssl,s lof w.
day Dllts, and 4s3H FOR demand FOR Uo.aay COM
ntercial b'tls tor prompt ana ucnVcFy tae mohta
4iiI+''h WINS tho narxet fato. for aensefY
all septomber, +7s49HoA. fnetea iatos tor
Paris wcro bss fof ssx'y aaye ana b".h Tor e,aht.
sss 10 xs d.
srss ss ,,s svssy 10
mcrciai co.iay bills, prompt delIyury, on Havro
antl AIarseillcs, EsD6aH was paid; 63oJsl5eoN
dollycrablo thls non,h. sixty.,iay commercial