, 1880-02-29
FINANCE AND TRADE.
coa1 Stocks the Leaders-Rnmors Of a
New Consoid idation.
The Produce Markets More Active, and
Unsettled, but Close Firner.
Foreign Quotations on Grain Depressed'
and Our Shippers Inactive.


e,4oa,. ,,,,,o nc4 ,s actiye ss on the preceding
ao,, h,,t 1rrre UNEXPECTEDLY fr1n in face OF the
ea.,esst,,- statements 50 1ndustrIously circu-
1s1ed, md fhe iinfavorable character Of the
,,ar.. srotcrncn.u Pacific Mail and the coal
st.,ars ,,aro The leaders Of the market. Della
e..'sa 4 undsnn made =. to so1; Laekawanna
:, -, osae Jersey Central. 4. to 81; Norris s.
Esso, e. W IN 11o1f. and Reading K, to 894. Pa-
10. M.5l Advanced a4, to 4sx Rumors were
r;f. that 1ar Gould had begun a series Of sys-
+an,oric attemuts to tighten the money market,
o1'I +ho+ hfs njsns went 50 far NJ to look to
nr,,tlc,at export Ut gold. To produce this he Is
-anortcd to hare been buying exchange 1ately in
10 ,,ro arco,;nts. He il insisted to some extent
-, ~ ,,uue,,ol westarn and Southern demands
- a,....o,oy ,ph,ch has hecn felt the last
..,o,- -, +,rn ,4rpn number OF operators
srcm tn In disoiietcd by tho noise Of this we'll
,-A.s,es ~ ~ ,aa, ot+ac,, m tbe market and have
,,1an +alrfnv advAntaot Of their opportunity to
ean +ho,r ho,diros nj any profit they could get
~ +.,n ,,,asisTcst1on If those who make fresh
49, .....s.s ;s ~ IN oo WITH fosr md trembling
, 49, ~ :, eho1+ +,,rn- Ordinarily a timo
ana ohis 1o' eno4. . ~ So .,.,oo,o and
like this, when the aar Is 1uli u o.na tun4o.e'
.rnort,,nities " for, purchasing. But, of course,
:! - o,,x- z,,,,o r,, horn a hreak this Is an
nxs"nt,on II ~s ~. 'tals tn ,br e General nj rule.
Lake Shore gained ss. to 1osss; Northwestern
preferred IL, to 1074: St Paul preferred =, W
704. Eric preferred u, to II; the coal stocks
1node the rains already noticed; Canada South
49,, od,.anoet. =: tn fSx: Minneapolis 4, to 58,z;
western Enion L. to ll{s:; Nashville s. Chatta-
,,,.ora y tn 1,7sz: sioux City x, to 437k.
Tim insses we're Michigan Central u. to 81;
Nor,h,rcsacr,, Il To 931:: Illinois Central ", to
1n,,f Tonis,{lle l. Nashville g, to 139: Union Pa
-saa e ~ qoar. Ohio &; Mississippi Il. to :s3h;
49,, Wo,,ntotn q. tn ns1..: Columbus, Chicago g.
1.,s.aTo Contrn1 y. tn els:: St. joe i. to 40ai:
+ha nreferred *. to 7:T; Kansas s. Texas II. to
ta1.. w.hssb x. tn u: the preferred 4. to 6S2s;
a+,an+ic & Pacific Y. to 4sH; Northern Pacific y.
- rur.Ia air Erie & Western 1H, to 81; Chicago,
c. Io,,;e 4 Kew Orleans II, to 44X.
o,,n + mississippi preferred was raided till
-, orr1a,.s ,rere reached and the stock rap
td,r ca,r,ed do.yi, tn Il It afterward recovered
~ =.
E,nsaa T. ,re,os was weak. The Washington
-a..sa,,aa,+ ~ +ho Neu York Hc711ld declares
+tor thare IA mt md never has been any chnnco
49,. 49, assaea ~ tba h;t1 ot,cninr the Indian
rra.-iro,v tn White settlement, The Sun says:
ra.s,...oh,a aisornofotment fs felt at the De-
cember report OF the Erie Railroad. The IN
crense ia gross earnings is less than WAS expect
cd. and me propornon t y. y Sps rar rnnt Enicss
greater nmouhl.ng , y. ,,,,r " TX ~ ramaninr nine
moufhs Of the fiscal year it will barely e:trn the
interest on the second consolidated nortgage :.is
bonds, leaving nothing 1or tue 1unao' eeeo4'As'
and the stock. oo.t aud o,
Erie second Is nnctuatcu oe1"eeu '''s 41'N '~'
CLOSING at tho l".'es nsuie- -. o,.,,.,a,,,
haslroaa oohos' III ~" ~ ~ - ,,rinos
were active, on an 's'esa4a1 eou.ss .s..t ~ a.s+s
The e., u . -. - 1ss"ee W.T. ~, 49, ~.
selling up TO ", Supplementary w oo1a' 49, ~
comes to 46M. The New Jersey Central issues