, 1880-07-07
Stocks Dull but Strong, with Signs Of
Weakness in tho Changers.
Tho Public Fail TO Develop ANY urcat
Appetite for Stocks.
Foreign Exchange Dull-Looal securities-
Tho Currency Movement,
Tho rrodme Markets Moderately Attl5t, and Gen.
erslly Nlgher-The rork Room Continues.
Wheat Somewhat Excllcd by Crop Rumofs-
Grain flowing Out Ffoo!y.



Stocks wcrc not nct!yo. Tho public does not
rise Ii tho ny us It did lust year. 1ut tho lnt Is
rel plRyrd. md In tirir ntny .ioits work. Prices
yesterday were advanced for Inastuf tho nrtlve
stocks. hut there wcro twp nnta11o exceptions.
81. Paul and Northwest. Neither Of thoac lost
much, hit It WINS reported TINT inside PARTIES
wrrrn srllinx them freely, and ut tho snmo tmn
wtro hllying whcnt. These operations were
bNsctl OIL no,vs not accessible to tho general pul,-
liz, that grcnt tamt9o WIS being dine to tho
wheat crop of the Northwest by excessive
rnin fall. Northwest opened at tho
highest mud closed ut tho lowest prlro
of tho day, K.l md 0t5i. st. Paul
advanced fron, 7HH to 70. nnd thon went
down to 7eK ind stnl thcro. Tho proferred
lost Il, 10 10ti. Other Northwestern stocks
made losses Sioux City declined Il. to 40,
and st. Paul and Minneapolis X, to hsA. AT
tho Rn,ne tltno wheat ntlvAncetl shnrply. Tho
truth nlout tho present condition of tho crops Is
very hur 10 get III, but 1t Is at least certain that
tho crops nrG mt yet harvested, md ntc still de-
pendent OIL tho weather. The public Understand
this. md nrc waiting. Thprc hns been gcn'
erous advance In tho quotations Uf stocks during
thc last PIX weeks, and a crop TINT Is not vet
rirc inf been discounted freely. \ tyrcnt many
operators will wnt now for tho rcstlltsof harvest
before committing themselves to any decided
actiDE.
Nopk Island advanced u, to 1051i; C., &C. anu
]. i, To III; New York Cc,trni 4, to 1aa; Mich
fI7,n Ccntrnt u, tn B9A; Inko Shore y. to l0li;
Eric u, to Az: tho preferred 4. to 8S!a: Wn-
bnsh 4, to NIL; the preferred !, to Ga4; Ohio
Il, to n; IT. Joe x. to :E,!; KInsas & TEXTS !,
To JGis; paeitln anl i, tn ~; LtlGknwanna h.
~ 177,; Jersey Central 4, 10 nix; c. c. s. ]. @.
Il, 10 36.i; Unlnn ratisin IL. ~ 8s; Western
Uniou =, tn 10ial; Luke Eric Il, to 2Ss; CauI'ta
Southern II, to 81: and Mobile 0hLu u, to1s.i.
AlanhAttnn hrciined ". to ;EA; indianapolis,
u}c n Hhtt Nttnt4-
tic {: Pacihe III IN ilh.
The forthcoming statement 0f the Cleveland,
Columbus, Cincinnati s. indianapolis llAiruRd
WIN, according to high authority, be very u1l-
favorable. Al tho sumo time tho earnings have
hrcn Tucren sing. For tho third wcck OF Juno
they WE'RE S,U, 4Ht, nXanst $tf.,0i4 III tho corsc-
SpoudtnN week OF last year, md sO fur For tho
year they ,inye been, I'll 1so, Sl,74l.;ss] ngai,lst
tI,doalGl IN tho sa1ne tlrau IL 1s'0. There was n
rumur yesterday tint the nrxt dividend which
should 10 pn!tldn August WIS tn be passed.
Elevated raront stocks nrn not IN request.
II Is pretty we'll known TINT mn internccine
struggle Is going on within tho cun,panlcs. The
project nr reducing tho fnics to i've cents,
which, thoush defeated, will bu brought forwnrsl
agnir, tlld. II possible, pushed thr'ngh Is sulll
to ho tlevIce Of tho New York Elevated pc0pta
to 80 cut down revenues that tho MnnlHttan
will have 10 default OH It's gtlurr,ntecs. Metro
polit9n WIS dull at o., Rnd New York was neg
lccted ut ILL.,.
Eric sccod is opened ut 897:. sold ut B91s.
III rnllroad bonds 1T Now York last wool, tho
speculative kinds s4asct tho fortune Of thor
kindred stocks, helng strong curly In tho week
and liter dcpressei, foovcst by Il etIll Inter
puriinl reaction. ThotimpOrtunt {,nl changes
nro as fellows: Dcciiues-st,ssnur], Knnsns &
trcxus seconds, IL; I!oston, Hartford g. Eric
flrsta, Iii; ChCauucAko g. Ohio tlrsts, series u
Al, and currency Interest debt, !; Columbus
Chicago & 1nnlul Ccl.trnl !lrSt nssunted. Il, md
Incomes J: st. I.o,lis s: Iron Mountain zoo o,.l
incomes. lsa; and Texts I;,citlc lncu,ncs, ls Pun
ctnt.
Governments wcro dull but strong. District
Of Columbia .ss5s wore DTsl bid and ns1f asked
tho IL, los inGrpst hid and lU asked; tho ilfs
lT1i bid md 11o's asked; tho 5s, lo3; hid ut,t
1t!as nsked; tho 6s, l0i ex-nterest bid md lGi5;
nskcd.
Foreign exchange wAs etcndy and strong
Sterling posted rntcs wrrts ash md 487lt; nctltn
rntes wcre 4YItebt;. and sterling commercial
4slHGbistsi. For frncs, pnsto.1 rites were 6a1,s
md 5lssi for Paris. Commercial frt.ncs wort
54hlaGlrGU,i fur 1'nrIe, EseI3 for Antwerp nrlt
tlnvro. Marks Vi 4 md 9j;s: fur posted, !Es5
for documentary. IIoland tor!ns, 40M fo
Eight; American llorltss, Ar; Norway, Sweden
ind Donmnrls. iii.
>, Tho lmportnttona Of BpccIo and bnl lion at Nov
York during tho wuck ending Jnly = n1nOunt II
tl4l,G1, Including H..,aii gold and slG.,'s,3 sll
VT. GtiltG 1Ht VI INLAknl3s lHu
NIL reach t,7l0,sll, consisting OF 81 EO G5 gold
f..ss5.lb7 silver, mad kt,8;D brnHs and coppu
:oln. From tho lst nf August, 1sip. to July .
INFO, thuro has boon totnl importation Of sS:-
ri, Of which S77G80,D40 Is gold and e. I'll, IS
utrpr.
Tho Imports Of foreign dry goods Mt New Ynrl
Tor lust week were l7.O00 less ihNn the weck be
fore, hut egjs,o moro thun fur tho correspond
ting week lust yunr:
For rfha tuck. f9:A f87R. tn.
IT. MEnlrrch ~ rost.,::.. t5taGii tst!,Art tkxl1,M
Thrown IN market. u, III ri -41 l1EhK
since JAU. !. fth. lh:3 NV,
Entered Ut prrt... fl .6lL..s frskAaCT4 MiYl:r
Thrown On sI,nskut.. ;s.%Hala 437l7,35 6AjtD,E
Eh,oaHo bunk cloarIngs were 81. .400,0 ,00o llusl
ness In discounts was dull Mt 4QIA pcr cent u
cnll. and GdE3 per cent nh titnp. Now York OK
chaHKo WIS sold between banks ut pur4laaI
per sl000 discount. Country 0rlpra for CIR
reury were small.
sa'es OIL tho Ch!cugo Mnln1 board wore 10
HhNrIH Of Boston Consolidated ut Ito: Nl0 shgrs