, 1880-02-09
FINANCE AND TRADE.
Review Of Finances Last Week In
Chicago.
The Produce Markets Active and Irregular
4 Wheat Firmer.
Provisions and O!kot Grain tower-Pork Very
Weak.
FINANCIAL.

Beyond lnrgn tncrcnso In clcarlnEs. which
woro GU, 100000 nRnInst $@ 00 0N for the corro-
spending wenk Of lust ycnr tcrc wHs little to noto
III Chicago finances last week. Tile hanks Ind
good deal Of margin business 10 10 OH ncc0lint
OF tho t3rnp t prices OIL tho t3m,rl OF Trnic. hut
t!soounts were MT nctIvc. Cali lonMa Gil 1,rnrti
nt Trade collateral wcrc mat!o at pcr cent
General bank rates romnlnrd Mt Sdb9 per
cent, md strcct rates ut Uni per cent.
Tho shipments of currency iNcrcnscI slight
~, mostly fnr tho movement n[ cattle.
Now York cxchnn9G closrti Mt pnr between
banks. Tho Iocnl dcnlnln1 for securities, nl'nrt
from raIlruutl stocks md Government bnn,ts.
was good. Ono Chlcnrr lntnk hns sold hcru orc
third Of tho Chicago. Milwaukee t. ~. Tnl,l first
10 offered IN tho New yark na.rkot. lInltcrs of
Government bonds wtro selling. and lMnl opcrN-
tions in stocks Withdrew TO II lhrEe extent from
speculative ventures on acc0int uf the tiilcer-
t,tn lOok nf tho market.
The san Francisco i3n1'etfn Rays tho whole
number Of shnres Of raltf-up Ccntr'sl Pnc!llc
stock Is represented to t,o 5t"",' Tho parting
with 1O0OO0 shares docs not surrender central,
and no chnnEo In tho management IL therefore
expected, ut present, Gov. StAnfnrl Is reported
tn hnvo said tat tho ruad raYs per cent per nr-
mum ol, tho cnrftal Actunly pnitl lip. Tho tt1si-
ness Of the runi is now 80 thoroughly established
TINT there IL hut lttt[o risk III the investment.
ny The tiinc another through ro'td is opened.
1UGFC Will HD CuUuSu IL outkutl lWo
through lines.
Following Ia tho statement Of tho Nattonal-
> bank nntcs received for redemption during tho
week ending Feb, :, 1870 ns compared with tho
-corrcspnnlLng period in 1873:
Pin IIatt t.. ...-.-...... Gs;2o ts;2 fSai is:m
poaia!!s,S!s oti,sS 4% 4 $aS
Tutni.. .......................,,$.,aEm s!,EH.oW
United States l,illk notes deposited for crttt-
lation during tho scok c,nlug Feb. Z, 1870,
amounted to $E54,100; United Stutca Junk notes
held fnr circulation withdrawn during tho week
ending Feb. :, 1870, amounted to ss{B.5N.
Tho plttshurR Gn=ettc anys: ''rhu Western
Nall Association will hold regular meeting m
"Wednesday next, when another nlvnrco IN tho
prIco Of mills will l!lciy c mule, The reaa0t,s
for tho advance nlp TINT merchant lnlr ilns atl
vnnccd Nc, and tho demand keeps up. It Is
proposed to make tho price <5.m or th,G0 per
keg,-proscnt prica hcru g. 90, and In tho East
F5.21. Tho Wheeling mills, It Is s,d will resist
this, owing 10 having contrncts nlc'd"
With reference to tho lumber trntlc Of this
city, tho Chlcago NortAteestcr', Lnmhcrnns Of
tho 7th Inst. suys:
1nrgey !ncrcAscd during tho past two weeks and
q r0trospoGt Of tho operations for. tue month
shos tl tho5e e. WE ~ s s nri ,lri ~ % IT,
previous yenr. son,o t,f tho doalcrs report IN
creased shipments, Mlltl this IN tho fMtu Of tho
1aGt thnt the ratlrnnd cllt-rHtt.s 0f Il yeMr nRtl
presented great Inducements to country dealers
10 I'LL up tholr yurda, while Ks,nd rvns enabled!
them to enjUy fnir sUrt nf tt1le ~ work oil
their stock, while the present year haA prts-
scntcd no special tentiir! Iii fhvnr, hHt thid
roatls.-alltl tho worst king ut that-h1ve mil
The month closed With record Of Or;
fho highest expectations nf tho tr1ltle. 1'rcs0ut
nppcarunCos Indicate tint tho tr,lln Ut tho
ttE Rcason will be lnfHciy In nxtess Of lust year
which Euws MlI inCrcAsa Of a14y .,1la fgut nScI
thnt OF lH7a Thp inerGusc fDr the canning scnasE
over 1878 IS cstisnnto1 by different tsenlers III
fronl 20 to S}i5 per cent. 4 ~ per rent tnerens<
would give MI lEKtrGate OF l,Sl.,ss.i.; .;}i0 fGet
while FIX per cent would bring tho figures II
1bEi.NUtifA feet. We Lcnrra uE hiltcfcw Erntnn u
lumber which nru hold moro !rt,lly than others
Uppors and finishing atuck ar0 In good slcnnt1ti
With not unlimited staek. Fencing tis'orlt,.
1Gnclng. and eHlls HrG nnEiig tho sc1rcGst con
lnhdtttcs III thu market aud Of tho flr1nest Ii
price. Wo hear Of sM!es hctwtGn dealers. nf Kot',
nne t!cnlor stands 1cnty 10 tnkn .,tn0.lU0 foot o
fair average quality ut tho arcr l'rlc,.
Late London ndvices pivd in tiotail tho nst
vanccs paid for beaver at tho last Hudson Il,
Cotf,pnny's salc. They srcak very confidently O
tho future coursc of tho fur trat1u, Tho Froncl
buyers wcro tho s!,arcst bidders, Indicating thu
fashtor III PnrIs h.s unptc ,lMt anil stnooth fur
for trimmings, as l,elvcr md seal, nnl lit
dropped tho tiowlny ones. skunk, lynx, md fnx
Tho latter kinds, thereftro, mRy be llcg!cctc
whetl offered ut tho hfnrrh enlt,a. 1t