, 1881-08-13
BUSIN ESS.
Stocks Dull and Strong, with
Reaction ut the Close.
Gould, Operating with n1ntcliol
Orlcrs-I'oints to Buy
Western Union.
Wall Street Thinks Lower Prices
Observation-Disclosures In
Chicago.
Tho Produce Markets Much Stronger,
with More Doing Except
in Wheat.
Corn Excited by Continued :Dtouaht-0lhcr
Produce Higher In Sympathy.
Corn Excited by Continued .Dfouaht-0ihcr
Produce Higher In Sympathy.


Stocka opened dull mud stcady. with no now |
foat,,rcs, nnl continued strong till ficar tho
clusc, whom tlorc WIS elight reaction.
t;o,sld WIS saIl to he milking tho market act-
Two With wHttl,cd orders.
Some go,,t buyurs worn notIcoti IN tho market.
Western Union WINS pointed" 10 be II purchase.
Some OF tho scnlrcrs who have bccn selling
stocks nil tho wcuk turned about and triel 10
1cnln tho bears. Vail street AdyIccs WcrC lenr-
lsh, anil to tho purpost that II further decline
was inevitable un ncc0unt or tho bud prospects
or the corn crop and tho likelihood Ut gruatly
dlmnshet railroad enrnlngs on nccotltit 0s tho
wnr md poor crops.
The nuw prosperity Of tho South Is n factor In
tic gcnurnl business situation TINT tho lcara are
overlooking. Crnps may 1o Rlurt, tut prices
viii bu higher, and tho fnrtncr Will rccelso as
much for his produce rs Inst yonr. Labor. tno,
is nore fully employed than ever. Chtcaso tn'E,-
ufActurcrs us rtlo nro fnr behind thotr orders.
All these are signs OF tho oppost or disaster.
AZ tho advance, tho market was uescri1ed as
hcnvy, With no business.
Vundcrb,lt's recount conversation with Now
York rcposttr has intensified tho disposition OF
wnll STREET to louk upon tho railroad war rs
something MotG serious than WIS at ilrst sup
i,usc,l. Elthor Mr. Vanderbilt IL tbblng, which
is not ut all unlikely, tho railroad war Is not
nearly fought out. ...-....
Thu following aro the cummings Of the st. Louis
| T. Snu francisco Railwny Company: Fur tho
week ending Aug !, 1881, sG, ,iu0; $780, ~, ,5o0;
ncrcaae $0y. JIM. to Aug. :, 1881. IL ,'iD, ,500i
,iu, lssv, sl,3S+. 100; incrcasc, s3Ss., .,400.
Tho eurulugs OF tho Denver & Rio Grando
| l,uj,ronu Company for tho first week OF August
wgro ns fOlloWB: 1881. <l2n,1; 1sS0, $uI,i8l; IN.
| ercAse, $2eS 100. ........ ......... ..,,
Tho earnings of tho Chicago, Milwaukee, l. st.
| paul Kaiiroad Company for tho first weuk In
August wcro; 1881, saooUOo; 1ssu. $SSl,4sl; 'a-
crcMsc, sl3a,SD.
| The cummings OF tho Chicagot Ut. Phul Gomnna
Railway for tho first week IN 1Aukust wefe; 1es4
S1s,i.N; l8s0. $Sj050; iscrease' *.h'o.o'
Thu cnrntngs OF TIC Chtca9o y Northwestern
NaiiroAtt for tho arst wcck or August sao" u
galn Of $SS,0o0
Tho gross earnings OF tho mobile & oh1o Tor
tho ytnr ended Junu ~ uro reported 70 nave
heun $..,T77,8l7, mud tho net onrnsnks tsi5,1@,
whlci,, with tho ballnce from tho PREVIOUS year.
nude $sN.IDl. Out Of this WAS PAID Interest on
tho $1,0J tD0 irst mortgage due Doc. u lSso, and
Juno !, 1Sst. $4a1,0N, scuvlnR IL hulanco OF $4to-
19d applicable TO tho nayincnt u 'nterost Oh Inc
iirst prufcrrtd debcntusos amounting 10 sTl,-
t00. and OIL tho second proferred dohcntares
amounting 10 $4,000. loavlng II surplus o1 Sss,'N
Tho following wcro Wctlucsday's quotations
for outside securlt!csi At'nntlo g. ireat vest
ern common stock, eh; American Cnolo Coi.-
strucdon CompRny, 6ou>ol p; American Att'1'
why improvement Company, llotol0p p; AIN
batiIa Cuntrul. Is; Hustsr, Hartford u Eric, no"
Atonk, l.iGta: do. old 10, ttQDls6; Hro6alyn Ele'
!. vntcd 22stol; Contlneutal CONSTRUCTION Compa'
ny, %; Central lsuitway Construction Compa,,y
tD,. L, W L. T9GDa5 H.; California pacltic, 141l4
I)anyer s. lilo Grando subscriptions, new, va