, 1880-07-31
FINANCE AND TRADE.
Wall Street Stocks Very Dull and
Very Strong.
Dividend Securities Almost Neglected
Union Pacific Up.
Great Scarcity OF Currency In New York
Foreign Exchange.
Tho Produce Markets Somewhat s!cadttf--
Provisions Loss Active, but Fl'mer. .
Corn aud Oats Easicr--,shsat Strong, with Good
Demand for Shipment.


WIS fcI$ uutkt Dut Alep 1CE4 eliVAIk. bshVh - I
cic wns ono Of tho must aettyo on tho list, ,nnk.
Ing IL, to pJ,{. allcr selling ut DIX and o. llts'
nnls Central Ind tho ennslt VI Il rttnOrttl nllt-
,ltSe between Its Chicago. 1t. Louis & New Or
lctlns tsoal mud tho Lousvllle & Nashville, md
nlvnhce,i II. to IVY. Norris 8: Essex lnnt1e ~,
IL 1oda. on tho improvement Il, tic coal trade.
md tho prospects Of Its guarntor, tho 1ucku-
wnrnn. Erio preferred wont ,tr !. Ia ;2. but wns
quoted only once. Rock island sotl up to 1l2i,
tho equivalent oi ::==4.s for tho Old staek Now
York Central gnIned ", to las: Michigan Csntrul /
y. Il, d: Lake Shore u, to 100: Erio H. toiis;
Northwest A. 10 a7:i; the preferred
Il. to lii; ST. Paul preferred II, to
10TN; Wabash 4, 10 10ai:. Ohio Il. to AS; |
Knnsas j. rcxns y, 10 SsH: ncinwarc & l1l,i-
sun Y, to ea..f; Lacknwnnnn, on runners Of ar
eArly dividend. lss, 10 81: Jersey Ccntrnl 4, to
sb1; Rcotllng N, to lo4; Iron Mountain ". to
t3.z: Canada Southern n. to G,.s: Northern PHI
ellie u. to 3lA; tho preferred 4, 10 co; 0naha
=, TO AK.
There wcro fcw losses, and nonc of them wcro
serious. st. Paul declined II. TO S6K; Wabash
", to Hi; st. Joe Y, 10 35A; Manhattan X. to
.7A; Western Un!ou Il, to 107st; Atlnntlo e. Ia.
c!ila X. 10 45A; Lake Eric \. to o:K; San Frau
Cisco preferred ", to 40: c., C. g. G. x. to 17A;
Omahn preferred u, to ~; and Ontario 4 Vest
crn 4, to MX.
Now; rs always. opinions differ sharply about
stocks. Ono Will street nuthorlty tciegrnphed
CulENHO fEHtGlNAy luAL LUIS WIS u fEC$ uNNRGF~
o'1s market to 70 short on" Another sunt word
that att was roosi finn to SELL" II tho prcs-
cnt temper OF Apecumtions holds n reaction, II
Il comes, will not l,e likely to 80 fnr, hecauso
they arc almost hll Of tho opinion thAt stocks
nrp gobl to buy on every drop.
Erin second e. opened ut 901f, sold nt 01A, and
clnscd at n0A,-a gaitl Of y.
ltatlroatt bonds in Now Yorls on "Wednesday
wcrc fairly nctivo, hut tho market WINS very ir-
regular. tho it,ctuntions, however, brlug In
most cases confined within nurrow limits. Most
prominent In tho tlaalings wcro ErIo cons0ls, tho
Denver & lilo 0rnntlc 1Rsucs, md Texas Pacltc
Incomes. Eric consolidated seconds advanced
from n0i4 to A0X. md recetGl to %; Denver g.
Rio lrhndo tErsts rose from 1G7H to 10EH; Ito
constructions from 0U1s to D5 With closing salrs
at Dlaf; Texas Pacific incomes rccclcd from Glh
TO o.. nutl advanced to G5t, closing Mt G5A; Kas-
Has rnciflc consos roRo from 081i to pGsi md fell
OIL to Uu: C., t. s. |. c. flrsts supplementary de-
clincd frorn 81 to eG,4: Mobile " Ohio
nrst dcbcnturus from 7uks to ~; do third
do from 4G'z to III; Iron Mountain first
preforrod incomes from 81 TO eG1<; do second
preferred Incomes from 60 to ~; Nashville,
ChaltnnooAa T. st Louis flssts from 1l0f to
1l0; Alton i Terre Hattie Incomes from 90 to Da;
Pcorin, Decatur & Evansville freis roao from
100 to 10l: Now Jersey Central Incomes from
BIZ. to Baif; Eastern Tennessee. Virginia &
Georgia llrsts from 1861 to Jos; Clio & bIissts-
eJpCa AGEQHl8 llGNl ll-t1 10 llut EEtt bEEnslA
mortgages from 103h to 100; New York Central
registered 1rsts from l28 IL 111; and Houston t.
| Great Northern seconds, Purchasing Committee
| receipts, from :<'ts to II.
Government bonds vcro quiet and unchnngctl
| District Of Columbia JG5s wcro 100 bid nnl l01
askcd: tha IL, 10gh bid aud 10os asked: tho +1ss
Ill bid and 1llss asked; tho Is, 1o11s bid and
1031i asked; tho ds, 10it4 Bit and 1oiM nsktsl.
Foreign exchange WIS quiet md steady. Sscr-
ling posted rites wore 4s3 for co dnys and 4sj
for sight. Actual rites wcro ~. and 49,.
| For commercial bills for prompt delivery 4T0n
| 0ls0 was paid; for delivery next month, 470!1
| GlsoY. Posted rntcB for Paris were t21 for 90
days nnd 5&!!i for sight; commercial Hills,
prompt delivery, ware 5asAGl6aT3f; for dolIvcry
next month"; eSA15ssss. bankers bills on Ger
many wcrc o4tt Tor 60 days an3 plss for dotnand;
commercial hlla wcre !ai4G{r3 S-10 Taukers'
gulldors TN Holland were 9K for 10 tlnys and 40s
for dcfnhnd; commercial wcrc a94sQn 1l-l6
Austrian iorins, fA; Norwuy, Sweden. and
Denmark. .a7ts.
The Chicago banks hayo beon warned by thelr
Nuw York correspondents not 10 expect to ge.
any currancy arom thom this fall, Tho Nov
York bn1,ka .1nve mono to epnro. The Chicago
1nnkH arp w6ll supplied, but whAt they have
wo,sil not liant II month II thoro was I'll active
movement Of tho cro(,R to market. Thcfnot is, the
money TINT went BY tho cord iuto tic Incrlprl.s
ycnr hRs ntRld thore, and tho West, II. tsluro Il
u k19A AGu4uI1u ETOfS lib tG1Es - EElllt
to absorb still moro. III othcr words. the West
is getting rich and stRyinG rich fnstor than nnJ
other pnrt OF tho world. At present tho j,rt,S'
pcct IL TINT New York will have to RhIp lurRt
amounts nf eoln to tho West thts full. As +
costa twice rs much to ship silver as 10 shil
, gold, tho West will got gold Just as It lust yca
got tho grcenbackB, which arc bcttcr thur
either.
Chicago bank cloarings weso sG,s00, co., I.onn
wore du'! ut 3lb5 per cent on call anh 5dl7 pc
cent Of, tmo. Currency shipments wore snnt1
Now York exchange Kold lcswcun banks ut III
sooper $1,000 discount. shrpors' exchange WI.
j, p5eG2$1..s per q, 900 discount
L!neoln lurk IL sold Mt 100; and Chicago nur
linXton s. Quincy Ia ut 10.
The earnings of tho I.uko Shore & Mlchlgn
I Souther7, liaiEoai Company for tho third wee
Of July arv roportol as showing u gain OF $l45,
co.
Tho gross ear11IuRs Of tho minneapolis s. 81
Louis hallway fur tho wonk ending July II wore
las0. s15lW.so; 1870, s9,oa7.so; !ncreaso III lss'
$0.l8l.s1,
The gross earnings OF tho Wabash, st. Lou,a
paciao Hallway Company for tho week ondin
July 2l'wcre. lSSo, $Ess, ,l27; ls,p, $1Gl073; i1
crc.sc, $lat.+A.
The following wera tho cummings Df tho TexI
Pacific Hallway Ct'npany for thu third week
July; leSu, S44,5di.5a; 1s7p, s1.Gs,.Al; incrcas
$AkDll'
, Tho cirntnga of tho St: Iau,. Minneapolis
Manitoba Hallway for tho two wnpks pI,dr
July II woro rs follows. lSH' sli0,4s!.00; ls7
Slua ,0s3.SsJ.
!, Yhu 9ross cirn,ngs Of tho burlington, cca,
= Rapids & Northern lt,lruad for tho third wuc
y In July wurens foliows. lHS0, @Ia14Q: 1871, $:4
y y ~, inurcase, eB.sl7.' From JAM. to July 4
IBs. Sl.0's G67, 1s1,, ,G1e; inpreasc,
): Tho Wn!l-stsout gossip uf tho tlOs'd ss'yh tho
;: Ia II strong phil on Eusthorf. iltclt'a nnd Pact
d Mail; powerful ambinntinn llas heen fnrllI
% to send them ut. Thls combination will su
t Pnctllo Null sky-htHh by moro brute strength.
Q There arc ull sorts ot pooas forming to tuck
u spccin! stacks. aud thoro is considerable fuI,,l
y !n that way. ,
i, Tho Sun 0s Thursttay said,
=, The New i0rk and Metropolitan Elevnt
i. n4|road colnpanics having tstiel .Ao p
y nlit ponts OF dilreronca in tho way ii cnnso
" iattn to tho Presidents of tlya trust cnmpnnl,
Aa described in so-dny's Sun, tho MnMhnttl
Curupnny nlut st-day to ttvtessnlne tho tnall.l
III which thu points should 10 presented 70 t
decided that each Of the throu,C Companies sao.l