, 1880-07-04
FINANCE AMID TKADE,
= ----------
Very Little Doing in Stocks, but
That Little Strong.
Light Shipments Of Curreney-Strong De-
mand for Local Securities.
The Provision Markets "Closed" for a Holiday
Light Trading on the Curbstone.
A Firm Feeling in G1ain-Live Stock
Steady.


Business vas so dull in Wall street that no
quotations were made for such standard securi-
ties Us Burlington g. Quincy, Alton, Morris s.
ESSEX, Illinois Central, Ohio preferred, Delaware
& Hudson, Northern Pacific, Minneapolis, and
Sioux City Stocks that were dealt in were
handled gingerly. Though dull, the market was
Strong. The most conspicuous weakness was in
C., c.. c. & l., which lost ., to 6514. Michigan
Central declined Il, to ssh, exdividend; Iacitic
Mail Il, to 39A; Reading 4, to 151z; and Mobile
& Ohio Il, to 49,
The gains were: Rock Island ,z, to 1861, ex-
dividend; New York Central =, to LII; Lake
Shore q. to 1031s, e1-dividend; Erie =, to 4l3s;
the preferred 4, to G1h; Northwestern sz, to
BE; ST. Paul Z, to .65; the preferred i, to
104sl; Wabash preferred u, to 65!z; Ohio u, to
3.3s; st. joe preferred x, to %; Kansas s. Texas
Il. to 353s; Lackawauna 5s. to 77S; jersey Gem
trail 4s. to 661@; Union Pacific Il, to s6s4; Iron
Mountain s., to 461: Western Union y, to 104 X :;
Atiuntic g. Pacific Z. to 41a; Lake Erie s. West
ern e, to 2SH; Canada Southern X, to 57tx; and
Manhattan Il, 10 az.
Erie second 6s opened at SSH, sold at S9Aa and
6sH, and closed at s9Az.
In New York, on Thursday, railroad bonds
were active. but early in the day prices declined,
in sympathy with the weakness in the stock
market In the late dealings, however, IL
strong tone prevailed and higher prices were
established: Eric consolidated seconds, In which
the transactions were very large, declined from
Ss5z to SIX, and returned to SS4: do funded IS
fell OF from S33s to S24, and recovered to &.;s; !;
Kansas g. Texas f1rsts declined from 103ai to
1o3K; do seconds sold down from 63li to 61H,
and recovered to 62ss; C., C. s. /. c. supplement
tasy ftrsts declined from S. to S4E,
and rose to s6; do incomes fell of
from s. to %; Canada Southern advanced
from y, ex interest, to 93: Boston, Hartford
Erie tirsts sold down from T. to II, and rose to
4213: Chesapeake g. Ohio currency IS declined
from :33s to 3s1; Lake Shore consolidated cou-
pom seconds from ll5A to lis; Mobile s. Ohio
third debcnturcs from 32H to 81: Northwest reg
istercd gold bonds from 1lS4 to I1af: New Jcr
6ey Central conyertibles assented from 1867 to
1US; Eric gold Is rose from 1.1H to LIZ: Lake
Erie Western flrsts from 1907 to 10lA; Ohio s.
Mississippi seconds from Ill to l1ls;; and VA
bash new IS from ?es,z to &c; Iron Mountain lrsts
soid down from lis to ll1!:; Mobile s. Ohio first
dcbcuturcs fell Of from IS to .5E, but recovered
&c.
Government bonds were firm but quiet Dis
trict Of Columbia 3.65s were SIX bid and 9s!s
askcd; the Is, los interest bid and 1855 asked;
the 4ss- 10;4 bid and ITO asked; the IS, 1855 bid
and 1D9ss usked; the Is, 14 cx-interest bid and
104!i asked.
Foreign exchange Was steady and stronger.
Sterling posted rates were 4S5 md 4ss1z; actual
4sl,=94s14. For francs, posted rates were 52lH
and 5lSA for Paris Commercial francs we're
b23ssGl5364 for Paris, 5.sh for Antwerp and
Harrc- Marks were 972s and 954s for posted.
93ss for documentary. Holland tlorins. 40H for
sight; Austrian forins, ~; Norway, Sweden,
and Denmark, 2st. The exports Of the United
Suites for the whole year, Judging from the
New York returns for June, will probably ex-
ceed $si5000,00o-an amount, it is needless to
Fi1 Qn nd within E190 in,
any previous fiscal year. On the other hand, it
7nay 0e inferred from lskc CARA that the ag{,re-
gate imports will be about $G0 0000 600, nearly
$Jn.000,000 more than the unprecedented aggre-
gate Of 1873. Thus the total imports and ex-
ports Of merchandise for the fiscal year must
have been over <l-5G1, ,0O0 000, and adding specie
exported and imported, the foreign commerce
OF the country will exceed 81 ,615, ,O00 600. Ten
years ago it was less than half Us great.
Chicago bank clearings were sG.46G,4 49, Busi-
ness was fairly active at the banks On account
Of the holiday tomorrow. New York exchange
was higher. and was quoted at parG25c per
ST 900 discount. Country orders for currency
were light. Loans were in light demand, and
were quoted ut 4GG per cent on call and COS
per cent on time
St. Paul Gs, $4,000, were sold at par and inter
est; 5000 St Paul IS ut l09 and interest; 1000
Chicago IS Of 1854, at 10.5s; and 5000 Cook
County AIS. at l03H.
The clearings Of the Chicago banks for the
week are reported rs follows by Manager o. T.
Hale, Of the Chicago Clearing House: