, 1880-02-01
The Stock Market Alternately
Weak and Strong.
Indispositfon Of the Public to
Operate Freely.
Governments Active-Discounts bette1
Foreign Exchange Heavy.
The Produce Markets Slender, and LEND
Higher.
Provisions AotivrGrain Rather Quiet
FINANCIAL.

Stocks went I'D and down within narIo"
limits, and the market had no decided character.
There was IN absence Of points and dullness III
brokers' Offices that gave few sgns OF Tue sprung
rise. New York Central sold Us low rs isa, ciosans
at 1901; Michigan Central made 4, to 9@:s' a1tcr
selling ut g2M and g13t; Lake Shore nnoeuateu
between l04h and 103A, and closed Ut A41, q
gain Of Il. Erie was active and strong, and
closed with an advance of Il, ut 47G, the Mghese
point; the preferred advanced i, to IN; T., c.'
G. e. l. gained i, to 78A st. Joe II, to 4o3s, a1tor
selling at 90; the preferred =, 10 IN.
after sales at 70si; Lackawanna SOLO at oo'a
and 859s and finally at S64, gain Of Il: kansas q
Texas ranged between 47A and 48h, selling nnai-
~ at 47si, gain Of e. Wabash opened al 4b7a'
dropped to 45!s, but recovered to ASH. Tne pre-
ferred went down from 713s to 69h, closing Mt
H. Western Union, after losing ,'ss, to 1o3A,
closed at 1O4, an advance Of 3s. The San Frnn-
ciscos were strong, the common mixing y. 10
45si, and the preferred i, to IS. Northern Pachc
made Is, to 33;s, and the preferred H, 10 o'7a.
Lake Erie &; Western sold at 81 and oi.s, ana was
finally quoted at BIZ. The extreme quotations
for Central Paciic wero 64al and s3h, tho last
showing gain of X, at siA. Ohio g. mississippi
preferred advanced 4, to Oh, ...
St. Paul s. Sioux City was weak. The common
declined IL, to 81, and the preferred y, to 7ba
Chesapeake s. Ohio lost Il, to Il: Indianapolis,
Bloomington s. Western II, to T.; Louisville s.
Nashville Is, to 1215s: Pacific Mail Il, to 5s3s,
after selling down to 871s. Reading declined
II, to 89:k; Jersey Central Il, to 8oi4 ranging be-
tween 82a{ and S11z; Delaware e. Hudson Il, TO
tex, selling as low Us TAX. G., c. & q. huctr
,1ated between 23A and 2,A, closing Il lower, ut
9. Iron Mountain went down from Ssh to 55x,
closing Il lower, at IS. Ohio T. Mississippi COM
mon lost i, to 31.5; Union Pacific Ii, to %;
Alton e, to 107H; Illinois Central u, to 1o3A;
~ -v~1 Nrr+1
to o0H.
Chicago, Clinton, Dubuque l. Minnesota was
5sH, and Flint = Pere Marquette DA.
Erie second IS ranged between 80H and 684,
closing at 8oS.
Railroad bonds in New York, on Thursday,
wore less active than usual, and prices were
somewhat irregular. Kansas s; Texas f1rsts and
seconds led In point Of activity; the former fell
of to 195:, and recovered to 106h, while the Int
ter opened at 70 and declined to 8s3s. closing ut
the lowest point Eric consolidated seconds fell
of from s9s to ssh, and closed ut 50; do cousoli-
dated gold Is sold at 11ss;@11sa:; do funded
IS Mt Bf1z. international seconds Purchasing
Committee receipts dropped from 81 to 493s, and
recovered to 50. Columbus, Chicago & Indiana
Central issues were weak, and .5D1 per cent
lower; the supplementary bonds fell OF to e3:z,
recovered to o41;. and flnnlly sold down to 93A
St Paul Sioux City trsts advanced from % to
oA@0AFN%AA4e ~
Ohio issues were fraction lower. The re-
maindcr of the list was firm, and prices were
well maintained.
Government bonds were active. The Is opened
at 10A1l bid and 1913 asked in New York, aud
1915 and 10459 in Chicago. The ass were 10TH
and 107x, the IS 1j3a and 1915, and the Is 1o49s
| and l04x. Business was nctive.
| Foreign exchange WAS heavy. In Chicago the
supply Of bills was only moderate; The posted
rates were 1891 and 4s5:s- New York actual rates
were 4Ssh@4s2as and f4S4t4@ts4A. In Chicago
| actual rates were 4so% and 4s4s1. Sterling COM
| meroiai bills wero 4S0alGD1s1. Paris bills were
| 5232, Antwerp 5e6a, and Havro 525h. German
| commercial bills were 04hs.
NOW York exchange was In demand, and sold ut
par to CSC per 81 900 premium, that price being
refused for it at the close. Discounts were
moro active, on account Of the approaching set
Elements Of the first Of the month. Rates re-
main TGs per cent at the banks and GOT per cent
on the street. Currency orders were light, as
were the shipments.
The clearings Of the Chicago banks for the
| week wcre reported as follows by Manager D.
| p Jofo of +he Thfcopn fv1an riY1r-HnusA: