, 1880-06-02
FINANCE AND TRADE.
Stocks Weak, with d Noticeable
Decline in Erie Securities.
Increasing Country Demand for
C,trrcncy-Local Finances.
The Produce Markets Less Aotive--Provis-
ions Stea1ie1-Wheat Weak.
Other Grain Ea,ier-Snalier Receipts, bul Large
lne1t1se IN Stotk In Store.
FINANCIAL.

Every active stnck except Calada Southern
declined. and TINT n.ntlc ruin u only 4. Tho
weakness waa especially noticeable IN Erie FL.
curittca4 Tho sseotitl IL, un which tho interest
WIS paid according to announcement, went
down frntn Si4 To III md uloses1 ut 77N. Tic
preferred stock sank frutn II To Al and tho con-
sii,n from :Ef* tn 10. closing 1T a0ss. No cRliAe
VIA assigned fnr this except bear lAld Chat
tnnnogn WA" Fsvero s,ltscrer, selling from ~
down TO 47H, ni,i closing nj ~,
Tho 1nurknl wls dull, and the bonra had things
all their uwn wny. Notwithstanding some qulet
buying OF FOOD stocks by long hcatlctl and long
handesl operators, who NO iitn tho market only
two or three times yoar OF, lust surh alunps NJ
this. c.. C.. G & l. lost ;s, u c.; Illinois Central
z. to 1oox; Nsw Yurk Central I. 10 1g't; MIehi-
R.1i Central !. to I'll; Luke shord ~, to ai.z:
Northwestern ~. II, s.: St pnul IL, IN tHH:
Wat1nsh Il, To :y!t: tho prufcrrci 1A, to kjAs
Ohln 1A. tn AAs 1T Joo u, to AK: the prefer
rcd 4. to B7: Kansas & Texas u. to III: Pacific
Mail Il. to il llsitsson IL. tn B5H: l1.ckawniIn1t
III. tn IE1s; j,.rscy Central ~, to HH; lseadsnx
Ia, tn :s,s; C., z. 4 I. u III, 10 Hi,
Union Pacific /, iu n: Iron atountaiu
III. 10 3l1s; Western Union l. to 55h; Atlantic {:
pac!tta |. to;s'; Nashville Y. to laoh; Lako Eric
yi, u :sss; Northern Pacific IL, 10 -; tho pre-
fcrrel IL, to A; Sun Francisco preferred r.,
to 10.
Erie second o. opened at SIN, nx-intercst, atl-
vhntSs to HIS. rt.ctled to TIN and closed At Il
ltAtrtml bonds, In New York last week, were
worry nctlve. especially for tho Eric Junior Issues,
kn1,sus & Texts seconds, md tho New Jnrsey
Ccntral and Letiyh e. WtlkcshArre assantetl
mortgages. IT. the carly dealings there wis Il,
sl'arp DECLINE In tho leading Issues, which
WIS III n,st Eases parttRliy tecov-
cred III tho tnte transactions. Erie
consolidated 'rsts declined fr,m TO 10
lI8!s: do seconds sold down from HS to 8lx, TO-
covered To HR. und closed Mt 84!t: do findings
felt oif fr'n &:h to 74h. recovcrod tn S1.t, ansl
icacted to r. New jersey Ccntn,l consolidated
Ra*entGd llrsts broke from. 1utit 10 Nd, and re-
cotrred to 100; tn do convertible dropped from,
1G3A ~ o. and recovered to 100: do nd
jllsnlon sold down from l05A to Us,
and recoverod 10 Iu'. kaf,sas & Toxins de-
clined frou. 55!G to ok. advanced to 6,as, and
rcstced TO Aaf. The not changes for tho weols
IN tho other uctive Issues were an ndvatico nt 4
IN Houston s. roxus n,aln-lne rsta; . iii lkolnc,
Wnsertnwn e. Oglleual,urX consolidated tIrsta:
~ in San Frnncsco elnss Il and Amorlcnr
dock Jmprtvcn,ont Is: in c., c., G. &
!. ilrsts: 1ai In Lako Erie & Western In
comes; ~ In Northwest gold coupons: X
In 1oxas Pacific inroulcs lknl Cuiro Il Fulton
t,rsts; TX por cont In Denver Is lilo Gr..nde
iirsts; and decline Uf In Lafayette, 1..onrn-
ington 4 MuncIo Incomes; w in Lcht9h s
! Wlknsbarro nsseutell: vi in indianapolis Do
cntur Il Springfield secortdB; . III keokuk & Dea
Moincs firsis: " IN IRON Mountnin frsts tar
knnsus l'r,noh): and III in Morris & Essex firsts
consolidated guaranteed.
Govorn,nnnt bonds were anttve. will, larre
| sntcs District of Colurnbn 3.8as worn 051i blt
md nix nsk.sl: tho n. 10Hti bid and 102 Askot!
tho ihs. 1Ua bill md l0!IS MHked; tho Is, lG3 biz
| and itsss asked; and tho d, lH,& bid and loi3i
asked.
Foreign cxehanga was hurely stcndy. Sterling
art,inl rites were ls5!s and +S9x, and stcrltug
| commercial hills werc 4S4Gb4BbH.
ChicaHn bunk ulcarEngs wero 81, 100000 mi
business wns henry owing to tho noursi Of TrsIit
settlements Country orsers for currency vert
| lnrgcr. New York exchange sold between banks
| Mt &c per $l,0n1 dlsr0unt. 1oans wero nut II
| nctlyc dotnnnd, md rttes werc 4Gt0 per cent o.
caIl and GG38 ppr cent III titnu.
West Town 6a uuru sold ut i0J.