, 1880-06-13
Stocks Dull, with More Gains
than Losses.
Rumored Trouble in the Coal
Companies Denied.
Chicago Shipping Currency to the
Country-Local Finances.
The Produce Markets Genefally Ayez-Wheat,
Germ, and Oats Heavy.
Provisions Easier In sympathy-An Unusually
Active Shipping Movement.
FINANCIAL.

FINANCIAL.
Stocks were not active, but prices on the
whole were hrm- The realizing of the two pre-
vfous days came to stop, aud In consequence
! the downward movement was arrested. THE
principal brokers in New York avow themselves
believers In higher prices. They hold that the
fine crop prospects and the good outlook fo{
trade warrant better figures for stocks, and they
think TINT Wall street, as it usually does, witt
anticipate the result, and will harvest the gains
before the crpps are garnerod.
| Tho coal stocks changed their position and
mado fair gains. Delaware l. Hudson opened at
os5$s, and closed at oa34; Lackawanna made Ii.
| to 1oh; Jersey Central Is, to 60aa, and Reading
| IL, to 1875. The rumors Of defalcation in QUO
and another of these companies are stoutly de-
nied. Their weakest point is the condition Of
the iron trade, In which prices do not yet seem
to hnye ceuched bottom. Lake Shore, which
! some adventurous Western operators have
been selling short, went up II, to lU3si. Vest
| eru Union WIS strong, making IL, to 1855.
other gains weee New York Central s5, to 1865 !;
Michigan Central ", to IS; Erie &, to 81; North
west T. to 933; the preferred H. to 10oA; St. Paul
II, to .5}s; Wabush Il, to 34h; the preferred
1, to g51s; ST. Joe 5i,t to 20A; Kansas T. Tcxaa i,
to 34A; Pacific Muil II, to 3SH; Iron Mountain
i, to E'H: Atlantic l. Pacific 4, to 10; and San
Francisco preferred Il, to 445s.
Cleveland, Columbus Cincinnati + Indianapo
lis lost ], to Is; Rock Island, which some are
selling short, Il, to l014: Erie preferred l, to
5S' St. Paul preferred 4, to 11o; Ohio 4, to Is;
St. Joe preferred ii, to 70; Louisville 4, to 1a0;
Chattanooga 2,.to 53; Like Erie 4, to AK;
Northern Pacific preferred ", to 47N; and Alan
haitian q, to 3g1.
The earnings Of the Ch1cngo s Northwestern
Railway Company for the first week in June
show IN increase Of 900 over corresponding
week last year. This increase Is for the first
week Of the fiscal year 1886 81. The earnings Ut
the Company for the fiscal year 1879 80 lending
Mny III were $l7,26s, 44ss or $2GS7. .522T1.43 mora
than during the fiscal year ls7B-'7a.
The officers of the Lackawunna deny positive
ly the runored defalcation In its accounts.
One of the signs Of the times is the failure Of
Glasgow iron speculator who sold iron short.
Erie second Us opened at 849As, and closed at
S4S.
Railroad bonds, In New York on Thursday,
wcre fnirly active, and in most cases a higher
range of quotations was established. Erie con-
soifdatcd seconds led In point of activity, and,
after advancing from s. to s5A, rcceled to18453;
do funded Is rose from 7Sa3 to 79, and fell OF to
1871 Kansas & Texas seconds declined from
GO to 50. Iron Mountain first preferred In
comes rose from s. to s3!:, and returned to s.;
DO second do advanced from 73h to II,
and reacted to 733i. Chesapeake g. Ohio
c!ass B soldup from Us to B6, and reccded to
6sal American Dock s. Improvement flrsts ad-
rauced from l0 to 106; Buffalo j. Erie new
from 11sH to lis; C., c. g. I. C. supplementary
frsts from s4A to S4A; Chicago, St. Louis s.
New Orleans frsts consolidated from los to LOG;
Harlem hrsts coupon from la31z to la5ai;
Houston s. Great Northern seconds Purchasing
Committee receipts from II to 3l1z; Kansas |
Pacific consolidated flrsts from 9I13 to o.: Lake
Shore seconds registered from ll5 to 118: Lake |
Erie & Western frsts from os1 to 09.1; do in
comes from 53,z to 54M: Mobile s. Ohio first de-
bcntures from Il to ~; do second do from 2a1s t
to 20; Ohio Central h,sts from 90 to 90; Peoria, |
Decatur Evansville hrsts from 81 to 100; Texas
Pucitic incomes from II to 6lH. Columbus, Chi
cago s. Indiana Central incomes declined from
3S}= to 37G; Houston s, Texas ilrsts tAlan Line
from lo9i5 to 100; and Wabash convertibles from
ssh to Oh.
Government bonds we're very dull. District Of |
Coiu mbia 3.65s were 9B14 bid and 971@ asked; the
Is, 1os9. bid and ltsE asked; tho 4zs, 103M bid
md 1092s asked; the is, 1G3 bid and l03as asked:
the Is, l0Gsa bid and l07 asked.
Foreign exchange was weaker, though the I
supply Of bills was light. The expectations Of
large export of gold this summer have boon
abandoned, and it Is now thought only few
millions will 70 abroad. Sterling posted rates |
were Isl and 490: actual rates wero 1861 und
1904; and sterling commercial 4SIl484A. For
francs, posted rates were 51S15 and 515as for
Paris, and 51sA and 5l6A for Antwerp. Com
nercial francs were a21A for Paris, say for
and 5els for Haxre. Marks we're a5
Ind ooA for posted, and w for documentary.
Holland florius t01z for sight; Austrian torins,
Is; Norway, Sweden and Denmark, 211H.
Chicago bank clearin9s were IS, 5,100,0O0. Cur
'cncy was sent freely to the country. New York
'Schangc sold between banks at parcb25c per
i ,Q0 discount. Loans were dull at HOG per cent
~ call and Cos per cent Oh time.
West Town IS sold ut 1D, and Cook County AIS
It 1G3A.
The comparative earnings Of the Flint s. PGre |
Marquette Railway for tho week ending June
re as follows: 1850 $:,5,s9i.<O; 1879, $lS.s0oa5;
ncrease, $7,36S.35. From Jun. they were $647,-
IL 60, against SiG2 7s2O9o gain Of $1s+ ,0l3.70.
The cleArings Of the Chicago bunks for the
!eek are reported us follows BY Manager D. Il.
lale, Of the Chicago Clearing House: