, 1880-10-11
FINANCE AND TRADE.
Review of the Financial Situation
at Chicago Last Week.
The Produce Markets Active-Provisioua IT,
regularly strougerHoga Firm.
Wheat and Corn 'luo.ant Irving to European heWs-
Other Grain Stronger In Sympathy.
FINANCIAL.

There WIS notable Improvement IN the s1c.
mimi fsr taans Inst week III Ch!cnTo. 1t wis
mt heavy enoliEh TO 1nnke tho market active,
ldI, It wns sufficient to xIvH tnhre hrntlly tono
to this iitnttctnl centre, whcrc dIstan1ts ctlt,.
trnry to usual exreriei1e.. have been lighter
thnn III tho Eastern money ccntrcs There Is
rN.ni for ilentand fnr money. A. the rgccnt
hunk stntcmcnta OF tho ChtrnEo tnnks rr.,vett.
Unr tcM National hunks. with deposits md
cupltal Of ssl,'AU.o00, hnvc ortlr $:st1fs.f&. Of
Inns. They hnvc 0n hnnd $4.4'5,asa of cn.h,
ln,sis1n several ninta 0f bonds. 4 demand for
ntnry can be met with c4uanl,nlty un'tor such
conditions.
Tho currency shipments to tho country were
nnlv nloticrs,c. Now York cschanro rll!aa nil
Tho week at HIGlS per &1.0m discount. It1tcs
for tauns wcre 4l5 prr cent on call and GNl7 per
cent III Tine. F.0cNl securities wcrc III EtMld de-
mnnd. ind Governments wsre rathcr week.
Tho 1i6A Street Daily Sftrs IL sarcasti: rs tn
Sutru. It says TINT Csrnmodorr Vanderbilt hls
bccn large lntycr Of <;lltro. lie thinks nf hlr.
Ing cnrls,ih1taur forrtnEc to bring tho tunnel II
NUw York IN tho Drssnux nnd stnlI It up in
Central I'1rk nl1neadc of the nl,clisk u Is nlhn
runiDret that tho department Gf f'ublta Works
hns scheme on foot to bring tho tunnel to New
yurk mid utilize It for n SEVER. Tho Association
IF tho t'ntrol,s OF Industry also prnpnse to split
up tho tunnel nto rost-llolcs an,l sclt thon out
To l,ty farmers. With thesu various tlef.,Hntls
fur Sutro Tunnel who would lrcn,n Of phrtinY
with tho stock at Il per shnro2
Tho following IA n statement Of tho estimated
earnings Uf the Orcgnn finIlwNy t. SnyIInuon
Company for tho mouth Of September, 1850:
,I2s. t;,,.n .s:$i:s' ;$s; 4: ;;Is;;
itsii9ua itsit% pivsio. Glib sSss s%
ta,a, tssias is:i ;os; .
Mr. Cyrus W. FIpld's statement IN tho n,ti,ltc II
few tays ago TINT tho duticlt of tho Munhattnn
Company Tor tho year ct.,el sent. ~. iksO, WIS
ss::'s,s7 is followed by IN oI1lcn exhibit showing
II 10 he hut St7s,1,5u. Tho discrepancy between
tho two stntencnts ariscs frutn the fact TINT Mr.
Field deducted from tho cu.h on hand Oct. /.
lA4l, tho amount Ut accrued inierust III lontfs
u Oct ]. lSi9. from, tho cash on hand at that
tlatc. ~ other words, Mr. Flctds stntonlcnt IN.
cllnich fifteen months nstcad Of twelve tn0ltt,s
Interest iii tho hnuts Ut the Now York ultd
Metropolitan Companies.
tuttor)y tho London TIntA Of Sept = slys: +" It
hns been Dy!cnt thnt Dhnkers hnvc buun d0lug
Il rnt!lcr bcttGr discount business nn1 there Is
every REASON to hclInve that when tho prcscut
dull holiday RcNsom ends SOME advance towards
Increased activity nsny hn !olIkcG tnr. Although
tho gold lrnin to tho Unitctl Stairs ,,ns 20 fur
only exercised nlornt olfeoi upon this market,
Ggrtnnny and Franco t1ntlug hHtl 10 l,car tho
brtis1t OF 1t, ycstcrslnyA withdrawal Tor ttut
qunrtcr seems to 10 nt icnst suggestive II Otlr
turn having COMO. Predictions npnn tho sub-
Jtct Uf possible gold shipments to tho United
States hive, No fnr NJ this nnrkct is concerned.
been fnlsiii9d so, fur. which pr'ves how lfttlo
evrn thu best-infnrfncd can furEteil. In these
times. I'll which direction the next 9usl drain Is
to be leokcH for.'