, 1880-06-20
The Stock Market More Active
and Very Strong.
July Investment Demand Beginning to
Make ITSELF Felt.
Chicago Shipping Currency to the
Country-Local Finances.
The Produce Markets Irregular and Less lttist-Pork
lerreus-Aeats Moring 0at FREELY.
BreadstuHs Weakened by Fine Weather and
Larger Receipts.


Stocks were more aCt1vc, and were very strong.
This Is not the usual time OF year to exPecta
bull movement, but there is every symptom no"
TINT powerful manipul1tous are at work TO put
the market up. Purchasers nre becoming more
confident MS the market rises, and though the
public are not yet heavily Interested III STOCKS
the gums in quotations ure daily attracting
larger numbers into the street. One cause OF tne
arnncss OF good stocks. is an anticipated de-
mand for the investment Of the July dividend
and interest payments. These will be large, ana
will seek investment. .-..
Burlington g. Quincy made 24, to 1204. ROCK
Island rose again, advancing II, to to1s. 1ne
dividend to be dcciufed next week On the
doubled stock will be per cent Illinois Central
gained x, to 1914; New York Central Ia. 20
1851; Michigan Central 2, to 00:s; Lake shore H.
to lGM; Eric Y, to IS: the preferred Ii. 10 e17s
Northwestern T. 10 ON: the preferred 4, 10
7oaA; St. Paul eE. to TN: the preferred " to
l0135: Wabash Il. to 35S the preferred T. to
G4X: Ohio .4, to SIS; ST. Joe !, to J4:s: the pre-
lc1red i. to Tx; Kansas s. Texas s5, to "
Pacific Mail Il. to :s.4; Hudson Z, to sos: Lack
uwanna L, to IGN: Jersey Central T. to 6Is1; T..
C. & c. =, to 1Gs; Western Un,on ~, to 1o3 ~,
ex-divideud: Chattanooga X, to IS; Lake Eric &
Western Il, to -. Canada Southern =, to 65a !:
Northern Pacific 4. to &c; the preferred u, to
IS; Chesapeake g. Ohio v, to ls;s, Chicago, ST.
Louis s. New Orleans X, to 31H.
The declines were not many nor important
Sioux City preferred lost 8, to T4A, Manhattan
s, to 3Ias; iron Mountain Il, to 44a.
Erie seconds opened ut 65ss, sold at s55s, and
closed at s5h.
In New York on Thursday railroad bonds were
moderately active, but very Irregular. Erie
consolidated seconds declined from S4S to S4h,
rose to S51$ and closed at ssh; do funded is fell
of from 1911 to 78ss, and recovered to ~; Column
bus Chicago L. Irdiana Central supplementary
flrsts sold down from s73< to sS4, and advanced
to s7as: Alton T. Terre Haute second incomes
declined from 50 to 90; Delaware Hudson e Of
1854 from l01 to 100; Minneapolis g. St Louis
hrsts from 101 to 1Oo,:; Northwestern gold
coupons from 11s to 1l1!z, and Texas Pacific in
comes from Gl to COZ: Eric consolidated guld IS
advanced from 1881 to 100: Indianapolis, Bloom
Ington g. Western incomes from 30 to SEX; Kan
sas Pacific hrsts consolidated from 81 to 941s: do,
Denver Division flrsts from 104 to 10aH; Lake
Shore consolidated coupon drsts from E3 to
I35x; Mobile i, Ohio first debentures from Il to
Ta3s; Oregon Railway g. Navigation firsts from
aH to 20; St. Louis 8: Sun Francisco. class B.
seconds, from 101: to -; do, class c, from GsH to
51A: st. Paul, Minnesota s. Manitoba tirsts from
l00 to 1l0z; and Central Pacific arsts San Jon-
quin Divisonl from l05 TO l051s.
In Government bonds there was little doing
District OF Columbia 365s were 9C1s bid and 81
asked the As, 10s1 bid and 1ossi asked; the 4Hzs.
lus. bid and 109si asked; the5s, 103 bid and 10314
asked; the Gs, 10Cst bid and 100:i asked.
Foreign bills were In good supply owing to the
free movement OF grain. Sterling posted rates
were 4&4,; and 4S9; actual rn:es were 4S5!z and
4ss!<; and sterling commercial 4sa1z@4s3a. For
francs posted yatcs were 80 and 5l7.4 for Paris.
Commercial *r1lncs were 5z}sS for Paris 5244i for
Antwerp and IIavre- Marks were 9AS and a5ss1
F. Ia.