, 1880-03-03
FINANCE AND TRADE.
Apparent Failure Of the Attempt to
Break the Market,
Governments Stcady - Currency Move.
ment Light-l0cnl Securities.
Tho Produce Markets Active and Less
steady-They Were Firm EARLY,
But Generally Wcak In Tho AIlernoon-Cra1n
In Store.


Ill AN tl1A1s
Ttcrp wcro less thnn half dozen stocks in tho
; active list which lid not show rnlns. 1hoso
nt,rr1,tors who werr tempted 10 20 short by tho
llfiFent ritnDrs illK'lit tight money md TIM
Gould .SnVc combination werO hcny1ly cut Ut
pockot. The "cxrcricnecd operators" WIN
prodicted tho market would ccrlnlny hrcak, hnl
to aseI, down rrsth tho prles.als or prophecy.
Though not active Mt tho O1nninF, tho tttnrket
WIS strong NIL tny, and closcl without wcnk
spot showing itself. There WIS Il tul in tho sitp-
ply Ut rttsnors TIL towards tho close, when It was
proplcsicd TINT the Government wnllld buy
f6O00,D0O III bonds to-day. Tho Delaware 1;
1l.ilaon report appeared yesterday n,orntng III
tho New York rnpcrs. md was criticised By
one Of them ns mRklng better Bhow-
1ng thnn my Of tho other conl coin
pAn[es. Tho stock fiuctuatetl between s0ss
md s3A. closing at S:i&. Rcadng touk run
towards tho clnsr, and nln,1e 81, 10 sta. The
CnnlcrB wcro NIL strong. 1nckawhnna gained !,
10 eesk: Jersey Centrnl ~, to s'k: Morris l. ts-
sex ". 10 lo0si. A strong bl,llish feeling wns
ported In Eric. The price improved IN, to AZ.
Large blocks Ut It nro said 10 be- held by strung
operators, who hnve kept It depressed rs much
ns possible. The preferred gained Il, to 7lS.
Ohio t. Mississippi prrferrrtl recovered ., to u.
Tho deal In raciGle Mni continues to work like
charm. Tho opening wis Mt 6a.f, MI advance ct
TX, ard, aftcr selling on ", It went ON up tn
bsts, closing Mt ttf. Chesapeake 4 Ohio made
IL, TO s.a; siottx City preferred 2, to 50; Chnt-
tanoog1l ~, to 1lT.s; Chscago, St. 1dIlils s. New
Orleans IN, to AK; Wnt,nsh ]. to 43.z: tho prc-
fcrrcd |, to 6sa; Cleveland, Columbus, CiucIn-
nntf & Indlanapolls II, to 1sA; Iron Mountain
Ok, to q; Oh!n s. Mississippi III, to
ah1; Union I'nciac II, tn 19,z; North
western IL, to .Esti. Smaller Rnins wcro mRt1o
by Lake Shore, Il, 10 10; st. Tntil preferred Il,
TO 104; G., G. & l. e. Il, TO 2oN ST. Jc u, to 4Ok:
the preferred 4, tn TIN: Cnnn.1n Southern u, IT,
65h; knnens Tcxas Il, tn 4I.s: Atlantic & l'n-
c!tsc 4. to 10; sau Francisco preferred y, tc 81:
Northern Pacific u, to ;sl,s; tho preferred y, to
58h; Sioux City common, T., tn 43.l.
Tho lnsscs wGro few ard Insignificant Now
York Ccntrnl sold off x, 10 lilsi; Michigan Cen.
trnl II, to II; Northwc,t preferred i. to 107ik:
ST. Paul u. to 60}i; and Illinois Central Il, TO
1GcA.
Eric second 3aopcncd at o1A. sold up to o., nnl
closed Mt p1ai.
In rnllroa.l hon,'a, In Now York last week, tho
don!!ngs continued on n larKt scnlc, and tho
tono of tho market was strong, tho demand c-
Ing activet especially for tho well-cstnblIshed
Issues. Tho New York Central, Fort Wayne, and
other leading Issues were taken freely ut nd
vnnclng quotations. The l,ttntIs Of tho conl
companies weru active md strallg. i l,risk de-
nnnd prevailed. throughout for the securities
of the Now 1erHcy Centrnl Company and tloso
OF tho Norris & Essck. Lthigh s. Wltkcsbarrp
consolidated nssente'l l,onls Eui nboyo
par. Among tho Isrin Issues tho chief INTEREST
centred In tho co1sso!!datod srconls, which ud-
vancct III tho enrtyacnliuEa. but subsequently
Tenctctl. ka,lsls & Texts tirsts were tlr1n and Ii,
EotHl demand. while tho seconds wCrc quito ir-
rcgar III tholr co,irsc, declining III ii, rising to
6sS, and roactlng to 81. Irnn Mountain preferred
incomes wrro uctlyciy trltlcd III. anl declined
cnrly III tho week, clnsiny however, ut Ru1nu re-
cnvory. e.. C. g. I. c. Issues advanced TOD pr
cent, hit in thu III to ultrtp3 1,nr,,,,,n yrt< h,,1