, 1880-02-18
Stocks Active and Strong, With
out Much Advance.
Chicago Selling Governments and
Buying 3.65s.
Moderate Currency Movement-Dis.
counts and Securities.
The Produce Markets Quiot and
Stcnifor.
They Decline Early, but All Close
Fitlner.
FINANCIAL.

FINANCIAL.
Stocks were netiro and strong, without tho
satNe large gains rs wcse made the preceding
days. Iron Mn,lntAin, In which the number OF
separate transactions WIS very great, sold down
from 10 to u, and closed at :s with not loss Ut
u. Ohio Mississippi preferred was very nctisc,
md nt nno tmo sold ~ high rs r., but t'osoh ut
10, with clcar Ra!n Of ~. Tho comn,un ,nGtle
i, 10 :s'A. St. InuI Il Minneapolis md 1T. Paul
T. sin,ix City wcre reported 10 have bcen con-
solatcd. Tho former make *, tn 81: ami tho
latter " for Tho common. to 43A; and for tho
preferred, to u. Western Uniou sinrtcd up
and sold at 1osx, selling finally Mt 1os,l, mn
n1vance Of II. This stock IA said 10
bo milking heavy earnings, md to bO
good for higher prices. Mobile. l. Ohio Is it,
ceaenntly talked of rs likely to go tip, but
closed Mt 20, whcro 1t WIS tho day before. Tho
coal btocks sold OIL In pursuance, It waa rr-
ported. OF tho plan by which they woro put up
to milk the street, WRl,1sh and Erie woro both
dull, and wore not mentioned IN tho countless
rumors and points that n1ways circulate in such
q busy dny ns yestordny. Eric common lost Il,
to 47x; tic preferred y, to TN; and tho Wa
bash Issues tnnae 4 cach, to 45x and G94. HI
nos Central stnrtcA IN, mud made II, to 10.A.
The other gal1ls were Michigan Central ", TO
1ssA; Alton 4, 10 1o9; Union Pueblo X, to D1A;
-
preferred .f, to nv; Atlantic 4; Pacific ", to
<7S; Pacific Maii TX, to +3hs; Central Pacific II.
to g.; Alton & Torro HATTIE !, to @i1; Sltro
Tunnel Il, 10 W; and Central Arfzonn u, 10 ~.
Tho losses wcrn: Lnke Ehoro Il, to 10ix: NortE-
west preferred II. to 10e!s; St Paul II, to 7SE;
tho preferred Il, to 1G!A: burlington i Quincy
n, to 147; Louisville & Nashville 4, to 1so; Eric
u, to 47S; Eric prrfcrrcd +, 10 III; Columbus,
Chicago & Indlnna Central Y, to 2lH; Delaware
s Hudson J. to 7sA; Lnckawanna y, to s01i;
Jersey Central .i, to s}sf; Knrsna 4 Tcxns 4, to
46A: Reading ", to GSA; San francisco 4, to
II; tho preferred Y, to 81; Northern Pacific 4,
to a5; tho preferred 4. IL ~; Lake Eric 4;
Western Il, To 831; md Monhattnn X, to 48K.
Chicago, Clinton, Dubuque e. Minnesota was
d. and Flint & Pore Marquette e7M.
Fbr Tuesday tho market was strong and act
tve. Tho Situation now seems to be apparently
like TINT Of last spring, when Now York wss
bearish. md tho West very hulltah md New
York got the worss Of It. At tho samp timo per-
Sons who operate on mnrkct ike this must re-
lncmbor Tint stocks cannot keep going on like
this, and they must bc really for soycro rcac-
uons.
Erie second Is opened at % md closed at OK.
In railroad bonds, In Now York lust woek, tho
dealings wcro very heavy In amount, the inyost-
1nont and speculative inquiry for mnny issuea
being undated Mt tho close uf tho week. when
tho highest quotations for some time past wcrc
reached In many instances. The dolnnrd WIS
stimulated by tho argo earnings Of the roals, tho
Increased case In money. and tho appreciation
In tho market-ynIuo of the shares Of most OF
tho corporations. Tho largest dealings were II,
Eric Issues, which advanced ~ por cont for
consolidated scconds, and ut.r cent for funded
6s. Tho Iron Mountain preferred incomes wcr0
tRkon freely on reports that the oyordue In
.tcrcst would bo pnid shortly, and advanced
~ per cont for seconds md 3 per cent
burg flrsts and Mobile &; Ohio dchen-
turcs advanced :113 por cent. With lnrte trnrBac-
tons toward thu ulose. In tho late dealings tho
conl-roads Issues were mUrc prominent, cs1,ee!nt-
ly tho Now 1oraOy Centr,.l mortgnB0a, which nd
vnnced. knnsus + Texas lsstes Wtro Irregular.
Chesapcnke & Ohio flrsta and currency o., which
declined carly In tho week, became strong to-
ward the close, and advanced ~ ncr cent. Tho
Columbus, Chicago & Indiana Central fssuea
wore exceptionally wcnk, declining 6@0pcr cont,
undor pressure to sol..
Government bonds wer0 strong. The District
OF Columbia a.sbs wore p3A bid and 10 asked.
The ~ wero 1079sl07A bid, with sales ut 10TH,
and closed ut 1D7 in Now York. In Chicago thoy
werc 1uoA bid and 1074 usked. Tho 4Iis wrro
1osX and 10oh, tho t. 10'!& aud 10Ih, ami tho os
lG5A and 1854.
In foreign exchange thoro WIS an improved
supply OF bills. 1n sterling tho posted rates
wore 4Ss and 1sGt. New York actual ratcs wCru
4s'dlASpf and 48dA. In Chira9o actunl rntcs
we;o the aainc ia In New York. Sterling COM
n,osclal bI!ts wcro 4sl'leS4sln. Paril bills 5@1id3
hSl1; Atwurp. 5"5; and lsavre, b:tN. German
coIn,narclal bills woro N. 6pccso tmportAtloi1s
for the week ondug fg.,. IA unonnt IN $l47,bot,
Of which fl0,Ga VIM goll aud Si3o, ,5uG silver. Tho
totnl elncp Jun. is 81 ,>9 e.. consisting Of s7s,
&5s gold aud s45G,s70 Rlrcr. From Aug. l, 1870,
to Fob. u, 1880. tho importntons reI.ch $7Daa8,-
s&l, including s78 11t,ssi gold nnd 81 :s 10 silver
Thore ras motlcrnto s!ow OF currency to tho
Interior. Now York exchange sold between banks
ut "5c per 81 600 discount, und was wcak Mt TINT
figure. AN ilicrease WINS noticed tn tho Offerings
of commercial paper for discount. lluilk ratca
arc COS per cent, and street rites CO.. per cent
Uhnk olcarngs wuro $+ +:Nn,0N.
Looal donlasH In sccurttica wcre sol1tng a.ass
and buying 0overnaents. Chicago, milwaukee,
&6t Paul u aol1 ut ll9. Forty st,aros Of South
Blflc city Hallway stock soil ut lo5.
On tho Chicago Mining Huarl there wcro gnles
OF Hilvcr Gilt, 1000 ut Is, T0o ut -, Loo ut Il
seller 10; LeyiathAn, 1900 Mt Is; Chcugu l. sit.
ver ClA. 1000 ut .7ss. 30J ut 70 SELLER TO- The
following quotations were nlntle:
NonN1h0 CALI
.,,.,., HLL., Asktd
H1FAtns y. IN Th
GflRhhl he5niHn6. ...,...-.......+..,,......., 3t0
i;ustnn di'.''''."''.''''''.'. -
1nlGaa9 = hllTer CHI. ii1..."......,.s..+.....a "a HH
I.uk tuuuJ 5A'',t...'.,.- t...s.,s....,,..kW 1QIH
ust t$iit!y :...
EpTih Jhicaun t:iiy iniiHay r. .''''''.''Ha AM