, 1880-03-05
Tile Bulls Take tho Helm and
PRICES Go Booming.
Governments Seemingly Manipulated Down.
ward~0hicago Gaining Currency.
Tho Produce Markals Very Qulel. but Tending
10 a Higher Range Of Prices.
Few Outside Orders, Except Tor Mtnts-Thc Hove.
sucnt OF Corn Around uy.
FINANCIAL.

Stocks opened strong AMI ullI, anu ClodC0
stronger nnd very ,Gtivc.
Tho bulls apparently got f,,ll control Of tho
1nnrkrt THO lenders OF tho r1su wt'ro l.nke ErIs
T. Western. Lake shorr. Michigan Centrml, md
Nuutnttnnl All surtF " roitta were IN ctrtit-
taon r',n4lt tho fnriner. Tr1,iasstiois were tGry
large. md the price rose rMfftlly IN INN. n pMtn
uf Ba In twt' dnys ctosi,iK III B7al, I'LL udvnneo Of
AZ uvtr tho Inst uuptntlon Of tho 'lay lHfarn
Manhattan waa 'cntt III m rtln,nrs TINT tho
Now York Legfslatru had tabled the hI1l IN re-
d,.cc fnres To cents. 1t opened Mt Asts, nm nd
s,tr,co Of X, thBn sold down tn siA, nftcr which,
II went ntslR euimtnfuKly to IN, rtalnk at f1!f.
Il g1!n of 1l. Lake Shorc wna strnn1 nud went
up from l0a!f to ll1!t. c1nFing nt 1fU. Michigan
Central started up from thu dunrss which has
recently mnrkcd It, md adynncrd tn n. rlso
Of 25. Thu ctf1 stockR tpuk Il H'C0r'tAry pfncC.
Da|nwnrc s. Hudson lost y. to s:lai; lalckawhnna
", to l,f. nftcr selling at 0aaf: and erAny Ccit-
trn1 q. tn rs. Towara Tho cnse sumo psnn1 huy-
ing WITS scported In 1sca1tug, tut II did nat hnve
nuy effect on tho price, which closcsl ut tho sanu
figure ns OIL wednesday,, Sl1a. Tho rlnEc Of tile
day was between NJ and .0H. CnIcMHo. 81.
Louis & Now Orlcaus continued the downward
movement Ut tho dny before, and sold ns low MS
40, but nftcr this there VIVA n recovery which
took It back to 4s, lass OF X.
Tile other gains wcro: Northwest n. to lltt;
st. PnuI ~ to Bla;; Illinois Centrn III. to 1osi:
Louisville s Nashville H. tn IN; Eric Il. to 4S,i;
tho preferred 4, 10 III; Ohio & Mississippi lii,
To ii; st. Iou preferred 4, to 7;':4; Cnnutln
Southern ~, to G7a: st. Paul & Minneapolis
~. to 6pH; Wrstnrn Union i, to l13i{: Atlantic
& T'tcfa Il, 10 IGt:: Ohio & Mississippi preferred
IA, to 7Git: Nashville & Chit tAnUogu III. to ll7E;
bIo.t!te s Ohio II, to .ha;.
Deststes tho losses already mentioned, pncsfc
Null went OF Il, to kS.S; Union Aclilc !. to li;
1snn Mountnn y, tn G3H; C.. c.. c. 4 l. Il, Il,
stti e.. C. {: +. Z. II. to lo.s: st. .1on e. to4o;
Knnsus l. Texas 4. to +3ss Wabash Il. III 4;l@;:
ts,n preferred E, to 0s!i.
at tho close tho market foil nwny 1tndcr tho
influence Of rt!allz1ng eu1es, md tho last HtintH-
tons were point or two below tho highest tag-
ures Of tho day.
The operators who 80 on points nrc now c,1ra.
Ing tho rumnrs ct stringent Ii0r,ny and bear
raids TINT scnrel thom out of tho nnrket two
weeks nKo. Mlld prevented thcm front getting
nny Of tho tut things It bus Ind to offer tho lust
week.
Erie second os opened Mt o1A, roso to oe, and
/ closed mt TINT figure. 80.
1sailroad bonds In New York on Tuesday cx-
h!hltesl marked strength. and under MI nct1ve
demand higher r1,uyp of prices was recorded.
ERIC consolidated seconds r,so from III tn IL. do
funded e. FROM a5,s to u; ChcRRpcnko & Ohio
flrst series u frOn q to 0 III, currency o. frn,n
42,s to ~; Lehf9h S Wflltcshnrrc consolidated
= MsEented from 0Sat to ~; ir>n Mountain first
/; preferred incones from o. to 0l: do sccnnd do
from s2.s 10 8lH: Lake Eric s. Wcsorn Incomes
to 10: Ohio Central iirsts fron Re to ts:H Inter-
national e. Grcnt Nortllorn second Incomes from
/ 70 10 II; indianapolis, Dacntnr & Springfield
seconds from X to T4A.
Thsre WIS Il reaction in Government honls,
which WIS Inscribed by sonic dealers 10 .nanIpn-
1ntlon to Bccurc Il supply With which to meet tho
q purchases OF the Government. Tho ~ were OF
=. md were 106A bid, and ]n6H askcd In Chicn-
Go. Tho AS wrrG l07!4 und 1Uiss: tho b. 1J Ml
1Gssk. aeeMe of =; the Is werc 1.eas ard 1Nas
District Ut Columbia j05s wcro p5!5 bid ind 0Js
asked.
Foreign exchange WIS very quiet. ater ling
fostea rltcs wcrp 4aS mud iS8: ncttal rttes III
1ew York wnrc 41a and as7, md in Chicago tho
Inlnc. Sterling kt1tn bils were 4ai.i uiid 48ssM.
F., Posted rutca fOr frnneB wero 6l8a; and 5lI; and
NfnRscrc!al frnncs wcrc haaGtI&sk. Posted
p nRrks wore 05 mud o5sf, and cummcrclal Murks
, sG9I,4.
Chicago bank cinarinas wcro down to 50, ,3on, 900
fhcre was I'M active I3Onr!-of-Tr,ltf0 demand for
:. Dans, which nro quoted nt Gd58 per cent. Chi
, 'RKo n now receiving moro currency than 1t IL
ending out. Nuw York exchange sold ut TOO lG0t
ler sl,fU0 discount.
On tho Chteagn Mining Board thern wcsc snles
II Ehcago Silver ClItf, LIN Mt 20. mo ut l7ts
.hennnloah cotntnon, COO Mt R5, Go0 at 70 Eccr TO-
Doat 73s Rnllcr 10, lou 1T Is seller 10 Shenandoah
preferred. GOO ut TO- 100at 130 0sellcr 10; Chtcugo
ilvor Gilt. 1t000 ut ~: ShunHn4auh common
y 1000 ut It; 300 nt E: Shctuah preferred, 1,0Ot
It Ito, 100 ut 1J5. Tho following quotations were
nnde: