, 1880-02-13
The Stock Market Strong and
Advancing.
Outsiders Beginning to Buy
Stocks Again.
Government Bonds Firm-Tho
Currency Movement.
The Produce Markets Generally Easier
Grain Rather Steady.
Provisions Moderately Active, with More
Doing for Export.
FINANCIAL.


t1ny before tn make Il nnrkct to sell ui1. Along
,ie,lrIy tho whnto list tlcrn wus II considerable
gain. Louisville Il EnshvliIo wcnt up III n few
.nsy steps frpuh 1T tn ILL., closing ut III. II WIS
reported in New York thut scrip dividend Of
100 per cent WIS ia l,e dcularrd. The signing ut
tho Eric contrnct with tho In nke Shnrc nnl tho
Governments p.irchnscs nf bonds Ind Il stin,,i-
hitting t1rct o,l the general market Anothcr p,ir-
chase Of 90 will, It h said, sOOr tte male
ny Secretary Sherman. Yesterday tho Chicagn
hrnkcrs repoftcH their customers moro disposed
to buy THAI far somo time previous. Those WIN
Talk most 1earish nro wil!tnE to thty M slight
scttons. fsou.c new ayndicatrs arc In formntlon
Tor selling stock. These eyt,t'icntcs give pow.
prful ti1gnsrnl support tn tho market. The most
serious thing in tho ttlturts Of stncks IL the
aaorcf. dsngcr Of disruption OF tho Fink pool.
Frat co.lld hardly occur Without giving general
tnIucs a severe shock. i3mt tllsr, has mt bccn
limo In years when Il r1.1lroad wur would ho
lcss txc,lsablc thin now.
There wcro aono heavy Rnlns. louisville T.
Nashville advanced 4 To t.3; Cnnntla Southern
II, In 10; hfluncnpolls., to 62; Atlnnttc & 1'n-
rfr ~, to 43si; SnM Franesco ii. ia ~; the
preferred TX. 10 E8h: Lakc Eriu & Western III,
toJi.s; indianapolis, Bloomington s. Wtstcrl3st,
to4ll st. Tn,il s. Sioux City L. tn mi; tho prc-
Fcrrc,l II, to 7s.&; Mobile & Oho I, to @i. THO
pthor gnlnR wern not 80 hcnyy. New York Gen.
trn nntln Il, 10 ts.: Michigan Central 4, to p0s;
Lake shprn 4, to 10la; Northwest Il. 10 soE:
tho prcfcrrct Il, to 10a5; 1t. Paul 4, tn III;
tho preferred Il. To to:h; Illinois CcntrAl IL TO
1G1a; Eric =, 10 4sA; tho preferred,
Il. to 7a.4: ohio 4 Mississippi Is, to 3o.4:
Iron Mountain Il, to 5a,;; Columbus,
Chicago & Inlana Centrnl Il. 10 -; 1T.
loo y, to 10; Jersey Centrnl II, to 8..A; Kau-
sas T. Tcxns II. to 4dh: Wnbnsh preferred Il. TO
rnE; Western Union X, tn l0lA: Northern tn
cIau &, To 20: rncito Null Il, to 4Oas; Chesa-
pcakc & Ohio 4. to :si; Sioux City preferred Il,
o78,l.
The Losses were Central ArIzonn II, TO 10A:
Altun & Tcrro lin,ltc Il, 10 G}ai; tha preferred
W. to COZ; Eor,horn raei!sa preferred r.. 10 Bill;
Reading 4, to G1!l; LaokawnnnR Il. to S4H; Del
awnro l. Hudson Il. tn '=.a st. Joe preferred Il,
to 7o!s; Union Pacific u, to t*!i: Alton Il. 10
io7.;.
Chicugo, Clinton, Dubuqito 1; MInncsotn
was Ct. md Flint & Perez Mnrq,,oto .5 nskcd
The earnings Of tho latter raa for tho first week
Of february ire $a5,5oo, aHainst $lSto0 III same
week Inst year. kansls City, Lawrence &;
Southern is 81.
Eric eccond 6s advanced frntn 0ll to NaH.
1lalroad borsiA in Now York on Tuesday, wcrc
active, with some Wills ilt,ct,,atiNns IN priurs
c., C.. & l. q. Issues wcro hcnvy, and made II
further ahnrp decline, f,rsts and supplementary
selling down from ~ TO ~, and Incomes fr.,tn
40,i to Az; tho lust nnIncd closed nt
~. Erie consolidated Hecoltls rose To
Nl,s, and funded IL to S5A;, hut tho former
kansas T. Io1ns Arsts declined from l05tf To lOi,
md seconds from G7.i to d7H, with rally III tho
inter to 6d,k ut tho close. 1r,n Mnuntu1n Issues
wcro lower, especially for second preferred
incomes, Which declined frani 10 tn II, ulpslug,
hOwovcr, nt 10. Chesapeake l. Ohio iirstS de-
clinch from III to G8. The other changes wcro
slight.
Government bonds weTe strong, Tho District
ri Columbia 3.G5a wcrr Esz bid. and T asked In
Now York, and tr!,s bid aud ts asked III ChIca-
70. Thcso bonds hnvo Eono up In tho Inst ton
days, anu pAr ia talked of for them. Tho 4s were
106ss bid and 10dh asked In New York, closing
Irregular at 10oA bid. III Chicago they wcro
lo6!s bid md 10ati nsked. Tho Ans also advanced
Il, to 10Ssi hid and 100 asked. The t. wero 1G,K
and 1o0H, and tho 6s loas and 105ss.
Foreign cxchAngc was quiet, with 10 iinpor.
tant change in prices. In sterling tho posted
rates wcro 4s3.f and 48i. Now York actunl rates
' wcrc 4ali GEl8:2i and 1870 ts5. Iii Chicago nctunl
rates wcro 4Ree!.i and 4e5 Sterling commercial
bills were 4eosid48l. Paris bills werc 6e4N,
Antwerp 615st. md Ifavro 6@.5. German COM
mcrcial bills wero o.. sccrotary shcrtnnn, ! n
answer to Inquiries from tho Senate, defends T. 10
order withholding for ninety days informnt' ion
about exports nnl imports t,y the culnplr .futs
from merchants TINT their business wns II. sntIy
prcjrlllrcl by tho publication OF sIch stutc-
n,ents simultaneously with The tmportr Tim M
uxportntlon Of their goods. Thu scerut, try IL of
tho opinion that merchants hnylng m lntcrcst
In cargpcs hAvs right to III 1nllc1 priyncy
~ Is consistent with 1l,ens,,rcs necessury
for tho proper collection of thf, rpyon,lc,
Merchants who wcro trying TO urll.1 ,,p foreign,
trade In n particular class of more ,andsu. or in
pArEc,Il1r country. f0ilnA slICf withholding i,
necossity. IIo Rivea ns MI insta nco tho exncr,-
cnco of hrrn thut sent u cArgr, to Rp,1th Amer
leu, and lost money bccauso somebody Kttt the
lhanlfcst ana tcleKrphctl If. to South America
by why 1T England. Dy thf metuB tho tuurkct
in tho Southern port was fokpp when tho uarxe
arrived.
Country orders for ct;reury were light. Nov
York exchange was sr n between pauks at .5t
per $1,000 discount. a IA wus wcak. Discount.
wore moderate art ias per cent bctween the
banks, md Mt CO.. Pei cent on tho Street Dunk
elcartnga wcro e,s 1900.
Tho impression hut the petition recently cir.
cnted inthlscity forthe repeal OF the tnx of !; oil
1pcrcent nhan'1 dcp0sltawR aIlnet nt ths ren,
OF National bar1ss alone Wns Incorrect. The pr.
ttuon asks Tor the repeal Ut Sors 3i07, 8,4O8 as,t
h1st Of the Revised Statutes Of tho Unltct
Btatea, unle': which this tax is rnld by all bnuks
National Ut Ate, private and savings, which re,
oelvo dcp@fts. Tho pctltiUn received 40 bitsi
pcs4 sigma tarrs In ths city.
III tho hjcnl markst there wcto su1es of $1,000
District, III Collnsb!n 3ass nt til; f6OO0 Coal
County rs at lKEi: 5000 West Town ds at 10.
and between dca.crs, cook County IL Of lsG. a
liz.
Gu tho Chicago Mining llourtl there wcro sulcl
nf Logiathan. .,0D ut IL; l.Uoo ut ;l, seller 10
1000 ii 't, seller 10; 1000 ut m so|lcr 1g Dostos
Cnnaolldatcd. 100 Mt LOO; Ehlcugo T. Silver Ciltl
hA5D nt wv, a0o0 ut II, l,U00 ut In, seller 10
Chamber Commerce, II ut B5h: Loviath4n, mo
at a. 1000 ut Iii, seller 10; Silver Clitt, l,0oo
I1i, sellur 10; United States w. e. GU at 1Oa Tn
following quolntons were made:
ANASlSo Gail.
49,; Hid. Asksd
I.Dt!nlhfn,. ....,...,,,.,.+.......,.....,. - IL
eiFkEhxl k8YAtltIle. ACKNOWLEDGEMENTS. AU
sNnauIluhfen t'lelhC. xU
8D1ttl tttt.atdAta tad.,...,,,...,.........,lN II. III
thleRtn hltfGF Etln. ii 81
tHttk tMullty ht..,...... ...,..n.....l1H lUll
West thctHu u!m......,,t,,........,..,1UII !m. iii
l.Feun Turk 1utS lVs5
Wcsl pl1soR Guy Hallway 7s............ih1{ ~.
United bniaA II. ....,..............iWE los
1hlt;aHi: AilWaukth Vt. T., 1}AkutA Ex. lkA III
NpFlh &9l!rAxU tltY Hallway ..,,,,,,.Es -,
1n!taI4n MeHt !hylaun ltAilMny....s...lMH -.
his0Go S,ht ACKNOWLEDGEMENTS ~
M. Railing 4lis. Observation-Disclosures, :, EH
IfAuch lnsgrlllt0 CnMIMny. ,..,,....+.1H III
t7hunllHtE NJ Commerce. ...,..,,,,,n,,, CIV III