, 1880-12-09
BUSI.NE ESS.
Wall Street Market More
Active-Money Easy.
Union Pacific Leads the List
Burlington Weaker. il.
Western Demands for Currency Moderating
High Prioo Of 4 Per Cents.
The rralatt Markets lrxs AtIt,c, and VERY Muth
t1aseltled-ThtY Hanged Higher Early,
Bu! Wcrs Heavy Laler-Lafgc Trading IN
Whuat on The Call.
FINANCIAL.


Monctnry Rtrtngcncy fis ceased 10 net as
tlpntt weight Ut, STOCKS. apcutlu&lol WIS yestcr-
tlny HrphrsntlY lrc, from my question Mla'ut
ihr rlltc of nnt,s. New Yurk lltl'l* WcstCrt, nnd
Southern demands for currency Hnl1rAt!iv. htH
FUR tho rrst OF tho mouth expects tn SEQ Its rc-
serves lncrnasetl by reE1lttanccs from tho West
10 o accumulated for tho payment oi dividends.
1lut.s fnr lD1na are rttslcr 10th hero mud In tho
Enst Foreign rxchnngC was weaker OFT nce0,int
ut !nrHo offerings uf hllts Ill New York, Int
INT m ncnount OF any Inollainry rrcssuru.
The prospect that tho Government will nttcMpt
In rcfl,nd ut y pcr cent, nsld tho high prices ut
whlef. tho Inltan 3lz rer cents wcrc Roti ycstpr-
ding IN Innlan Gnro Ind II Htlmntttinx affect on
tho prices nf Investment securities SPECTATORS
will .,o likely To 1t tip ssich stocks and hunt's To
us high n price ns tligy cnlcu1at0 investors uan
be Induced I'll pny.
All tito Important chAn9cs III price wore gnlms,
excepting II decline Of W IN burlington & QMn-
ty. md ~ In lscutlit,E. Selling wRs especially
noticeable IN burlington.
f.argg gains wern n,atlo by tho following:
ltoek lsand l, tn III; Illinois Contrnl VI, 10 lel
New York Contrnl tx. to 1Hsi: Michigan Cen.
trail 2i, to llii: Lnko shorc ~. to ls,::i; 1:rio
", 10 IL: Northwest .N. to ,ajls; tho preferred
q to 1apa: 81. Paul III, to 1o01s: the preferred Z,
to I'll; Wnnsl 1!s. to A3tt; tho preferred ~. to
wi st. Jue II. to AJsi; tho prcferrtn u, tn
VI lthtlSuH IL cS1t ltHthHhulllW lSat ~
iula; Jersey Centrni i:4, tn 'aA: Union Paclno
3:s. TO 1o0'1; Nashville j. to Ut; Chattanooga i,
10 sD CAnnIin Soutliorn IL. to r; Sau FraHclsco
l, 10 81; ni,d Klo Gruutlc Z, to sp4.
Union rRcliic Is pointed to 20 to 40. van.lcr-
bi!t is ,eclnrei to bc buying all tho stock offered.
Eaw York utrtces showed tho rsl,ll ynrtnnro
oropinlnn. 10 sonlo brokers tho market mp
pcurcd hid ,lp IT, compel Bhorts to cover and tho
rso loskc,l urittlctnt. 10 0thets tho advance
WIS uny tho preliminary 10 another granl hull
movement
III ChicNKo, operators aro not dining much.
There WIZ Oil tl,u whole lnuro OF disposition
hero to sell than 10 buy, Investment bnntcrs
nro not yet In the fold.
Western Union Is not buoyAnt, md tho bears
still look on It as possibly pu rvhnso ut st
Four per ccuts reached tho highest price yet
1nntlc.
III Ciicngo, District Of Columbia 3.Gis were i0O
R,,.l lOUa{; the United stntcs ~, 1l.l and 1l.,s
tho 4!ss wore ll0!i md lll, ok interest: the is,
10l,s nn 10l!a; nI,d the Is. 10i!< nNd 10t"i. Thu
~ MI. 4!ss s'usu,i ii higher.
Foreign exchungu quiet hut wcitk. Hills were
offered IN lHrge amounts IN New IDtk. Nnny
sellers who het oil Inst week III hopes nf bcttur
prices hive .been Obliged to SELL \ featnre Of
the 1nnrkct is TINT bills for delivery next week
Arc tiGo's lrtter than spot. Sterling posted rites
were Avn a1d 4s.. tInnkers' GHttnl rites
weru ~ fur sIxty-tlay bills nnt 4su!l for
tlctnand For sfxty-tsny comtncrcinl biets for
prompt delivery 475.i4D176.i. rostcd rates for
Paris wcro Ell for sixty days md 5.::h for
s4Lt. Blxty-lay commercial btts. prompt
delivery on lIuvrc, Gs!1s0:3iti. ntld Mar:cillcs
EilJ0ElA: for three weeks delivery LIN
pBr cent better. SIxty.day cnfamGrcInf bills
on. Antwerp. deliverable prompt, were hrl!tO
GIl Il: three weeks tho sult.c. linnkrrs' BILLS On
Germany wcru !xi.i for sixty ,lays md lHisG9t.i
for ucinanl: alxty-lny commercial bills, prumpt,
uJ:,-iU. l}nnkcrs' HudUrs On Holland wcro :Dt{
for sixty Gnys n.it1 10 for lcmRnd: ssxty-s1ays'
commercial were MI IL. At.arinnilurns,
M; Norway, swe@icn, u.ld Denmark, a7!l. Sup
ply ut bills light In Chta9o.
Imports enntfnlsp snlat ut New York. being
only $teUU.6&N for the week entct, Saturday, md
st,lG, ,ul3 less tla,t fpr tho preceding week, S.,
iat .e.S ltss THU for tho sAne week Of 1871, and
sIsb,>ot lcss than for thu wtek ut 1873. The
nnlUunt lust week wny reduced by tho noll-nr-
rivnl Of several straltcrs rt'w OvGrsluc. Fur thu
week ending TllcsIny, kov. 10, tllu vuiltc or Cx
. ports WINS pretty well up tU tho uyerngc, hnvinH
bcpn u, +b8a, ully SUE, I'll less thin for tho
preceding week. md ,0i: noru thu fur tito
! week of is1u, nnl sGa1s3l moro thun for tho
week Of ls7a. Tho total ynl,iu IF tho tncrchnt-
disc lmportnttons ut TINT Csrt frnn Jun. to
Dec. this ycur IL SI:0,aal.7ul, and sl1L4oJ,7l.
moro tt,ln for tho salu tu III 1871 n,la 1873
Bpeuttycy; wlii!p tho tutnl value OF tho cxpUres
uf tho port fr0ul Jan. to Nov, 10 this yeAr Ia
pniy sh, ,Gs,, ,31S moro thnn for tho sumo period
Of 1s;p, and only OIL , greater thAn III lS1s
THU rnllownK tabIc shows tho tntut vnluo Dt tho
Imports nnd exports Of merchandise ut Now
Yurk, a1,d tho respective bn1anccs for atltl
uy,nst the lurt, On tho business since Jan:1, for
| tArco years:
I$iss, S;{$ ;S .f;ss ;$$
ExlHIetA III