, 1880-01-20
Governments In Good Demand
: Foreign Exchange Higher.
Chicago Shipping Currency to New
York-The Mining Board.
The Produce Markets Less Active, and
:. Generally Lower.
Nhsat md Corn Rather Weuk.-A 0aod Export De.
- maud Ior Heats.


1UEr6 WEEq N1Fne fVWNrkuU1G HQELQNklQuS III
Ctt'cks IN connection with the now Southern
combination. Louisville 4 Nashville advanced
from 10sn to Lei, and Nashville 4 Chattanooga
declined from 95 to 50. Louisville i Nashville
closed at 1i2. nr advance Of 6h, and of ID IN
two days. Michigan Central tnale II, to 0On;
Northwest preferred 4s, to 1o7; st. ranl prefer.
rcd X, to 10aA; Illinois CentrAl Y, To lGlK;
Talon Pacific =, to 069i; O., c. & c. Y, 10 @e!i;
Atlantic + Pacific Y, 10 4aX: Knnsas PncNc u,
to 10a, after solllng As high as los; Chesapeake
Ohio first preferred Y, tn G.N; the second pre-
fcrrcd u, to 25h; Sioux City preferred X, u
n4.
New York Central lost X, tn 1881: Lako Shore
3t, TO lDfA; Northwest u. 10 0lA; st. Paul ", to
s0I: Erie X, to 43A; Erle preferred I, 10 u; Ohio
& Mississippi v. to 80: Iron Mountain !, to 6sM;
st. Joe IL, to 38A: the preferred !, TO o.; De1u-
ware l. Hudson V. to 75ii; Lackawunna Il. to
&x; Jersey CentrA! \, to I'm; Canada Southern
2h, 10 7oH; Kansas & Texas X, 10 AN; Wa.
bash IN, to iet; tho prcserrcd1H, u G6H; West
crn Union Il, to 1ooX: Nendtng n, to egA; Sun
Fruncisco preferred l, 10 b5k; Northern pnc1ilo
II, to IS; tho preferred u, to bsA; Pacific Mall
y, to ~; Sioux CITY II, to 10; and Tcrre Haute
I. 10 20.
Something Of chansc was to be felt in tho
undcrtone Of the market. The high prices Ut
many OF tho stocks stimulated sonp Chicago
operators to go short, whllp good deal Of rent.
izing was done by others. Tho meeting to-dny
by tho representatives OF the Fink pool WIS
locked forward tn with some apprehension, ns
likely to Jovolop differences OF opinion between
its members. The greatest Interest Is felt about
its action with regard To rates. Another subject
that is certain to havo It's effect stock values
ia the coursc OF Congress In tho regulation OF tho
railroads. Nothing Is sud About this yet III Will
street, but 1t will be heard Of In tho stock market
some day.
Eric second 6s opened Mt IS. and closed at B71s.
In railroad bonus, In New York ON Saturday,
the chief business was in Kansna T. Tcxns sec-
onds, Eric consolidated gold IL, ard do seconds,
md III Columbus, Chicago & 1ndnna Central.
Prices generally were higher, the advance rang
Ing from to per cent outside OF Knnsas Pn-
cfQc Incomes No. 10, which rose per cont, to 70.
Government bonds Ecro In active demand,
both In large and smnu denominations. Tho 4s
opened at l0l4f bid and 10&A asked In New York,
and loah bid and losE01o5 asked in Chicago.
the d loAM and l04A.
Foreign exchange was higher, With moderate
supply of bills. Posted sterling rites wure 4S3
and 4e5M. New York actunl rates were 48aA
and 484A64S4A. In Chtcngo actual rntcs wcrg
4sek and 4S4A14S4A. Sterling grain-b!lls were
4a0hQD4soH. Documentary bllla on Paris were
ee30523A, on Antwerp 410A. md on IIavro 625H.
German bankers marks wcro 85 and 15al, nnd
commercial were e4A.
Chicago bankers reported the country orders
for currency. larger, and those for Now York
exchange still heavy. Exchauge was selling be-
tween banks at TIC per $1,000 premium. Dis
counts have been increased q little By tho
greater activity In packing. Bank rites aro
7QlS per cent, and street rites GOT per cent,
Bank clcnf1ugs were 81, 100000
A new Chicago bank with capital OF $1,000,
600 is a project under serious discussion by some
Of our capitalists, including tho members Of
heavy wholesale house. Those most Interested