, 1881-07-09

NEW fNltks
Fpttidi Dispaieh 10 TIA chicago 7slbttns.
New YORK. July s.-Tho stock mnrkpt to-day
was characterized by very unsettled tone, nni,
whllo mn appearance of. strongth wns Unmarried
to somc few special stocks. tho gonerul list
wns decidedly weuk, and Mt tho rloso
ovcn those shnros whIGh woro most
strongly supported recorded decline.
The Rrcatcst depression wns In tho Vanderbilt
properties, which, after remaining tnacttyo dur
tiny tho AFTERNOON. wcro hunvily pressed for sato
IN tho Into dealings. and declined sharpiy. Worry
little bualnCss wis transmitted In tito shares Of
the cohlAclrryfnR roals, ;Mnd tho quotations
therefore tnnvtd steadily downward. Tho
oratgcr stocks wor0 tho principal features oe
tho speculation Of tho morning, nntf, ulllor tho
Influence Of strong forcing process, highor
figures wcro rccor1lel; but tho improvement
was not maintained, ard tho flnnl sales were ut
decline from tho closing quotations OF yester.
day. Western Union wns very inrgcIy
dealt In md rnso n fraction, .but
subsequently lost tho pttire advance. III Union
Pacific there wcro also so'lc very lnrGo trims
notions. but tho tot1oncy of tho SPECULATION
therc1n WIS toward lower prices. Tho SOUTH
western stocks wero. us rulo, weak,
hit tho fluctuations thorcin woro un-
Important. a very dtronT buying movement
was developed In Metropolitan Elevated.
which resulted III shnrl, advauco OF D. hut, ttu-
dor sales to roatlzu profits, reaction took plaee,
~
tho best price Of tho lny, but vt I'm nilvanco
AT from yesterday. Now York Elevated
roso III md reacted u; Manhattan
sold up Mu1 reacted 1si. 1ostoa AIR Line pre-.
(erred ro.p 3.f from lust night. Tho general
market closed weak, with II downward tpnueuuy,
md nt n decline FROM tho highest point Ut u 10
Z, which WINS m0st ni,.rkc.l In Michigan Ce,itr,].
Lako Shore, Canada Southern, Northwest. Ncw
Jersey Centrnl, Kansas 4 Teans, Union puc,tlc,
TeSus 1'acltie. InIlnna, llluomngtou & Wcsfert
atld Quicksilver preforrcd.
Tho money n,lrkct worked quite smoothly
throughout tho day,and borrowers supplied tIlotr
requirements ut low ratcs Of interest, Call loans
on pledge OF acccptnG'c stoct-co'taternI
ranged botwcon . md Az per cont,
ard closed at the lower ag,,ro. Tho
dovernent-bond dealers found ready accnn,-
rnbtlation ut .QbJ per cont limo loans ,ypro
quoted Mt ND4 por cent, according 10 tho cul.
lateral nnd tho datc Of maturity. In tho ls-
count market primo mercantile paper rl,ic1 Mt
olih per ccut
asking quotations reninil unchangcdat 1T 4S|l{ for
Bixty-tlay bills and 4Sa!i for demand, nrtual
business buing effected on tho busls Of 1854 to
+si o., sExty.day bills. ASK to. 4gG for demand
4sas4 for cable transfers, and ~ to 4S4 for conl-
mereini bills. Thu continental exchanges sero
.,o,n!unlly unchanuol, but the time nj tho mr.
kct WIS w"hk. and on actual TRANSACTIONS lower
ratcs were accepted.
lsailrond mortgages wcro In fair die1nnnd, but
tho 1n1rket WIS unsettled. C., {. l. |. U. INCOMES
advanced troul u to SsI, and rcnutel to tux.
Metropolitan Elevated sccnl,ds rUse from p81 to
s94. rcccslcd to 81. nnl closel ut SUI. IIus-
ton Hartford 4 Eric t!rsts dcclncd from
H4 to s.N; Denver & lilo Grlnde flrs,s
froln 1101s tn 1lD; Eric consolidated seconds
from 1Gl'i 10 lo'!f; 1tansas & Texas general Gs
from l3it to Oa?i: foulsviiLo s. Nashville general
o. from 1uS to ]U7!s: New Jersey Ceu1sui consols
assentcd from 120 to lls!s; do adjustments
froni 10s1i 10 1oT; DO Incomes frs,m I0l!.
to 10l; lsnmc, Watertown s; Ontensbur..
consolidated tirsts rroM, tul.S 10 100; and TcSus
1uciilo slrsts Trio Grunae DivIsion) iron, 10l to
lO0A Erie funded 70 advanced iron, % 10 U3s;:
hOrthwcst sinking fund Gs from 1lo!1 to lll.i;
Sonthorn Pacific or California tlrsts from i07ss
tn l0i!i; and Toledo, Dclphos t. burlington In
conics from ~ to G0>s,
To the tFtittrn Assoetatd Er.ts.
NEW YoltK, July s-0oycrnsnen. wcro weak
md lower.
ltaIlroad bonds wero faisly active, but some.
whit Irregular, >
StAtu securities were dut.
Tho Stuck tHarstt OpstIed In tho ,nntn strong
aud shao higher. III carly latIngs there was
fn.stonnl ,lsene, but Vt tho First Honrl M
KY, w,!e'1 i1.iiwny sharea were tuGst prtl1aiEfnt.
rhts was followed bya reaction ut Il to III,
s,Ss: q'''R; Mns "ss ~ @ s,Sr s osi
eonsplcuaus., Dtirinx tllo nricr,ioun sictro,,o.
ltail Eey.!ted dreppul VI. rlltctl vi, nnd ui1sgd
rsss1 Ut rssetlon p Of y. Ino sensra st WAs Gaito
prices showed decIltS ii K to from or liz lie Elf. o
st figures Of tho tlay. Tho trunk ins aEl
nrnt,EGr STACKS wera must conspicuous thoroIn
l!ostom Air. Limo prafcrrDl wns strung. md rosu
3h: The dvultho ut tho o!sise was tiuu 10 ti,0 |
talk ol Il EntUnd wiz ut passenger turcs, aud |
rutnors, sa'no us yesterday, that tho rrcs!dcnt |
WIS WurHu.
TrAuHAotons, 3x.s, 600 shares.
Canain 9ontherti.... tnrtiI 1Gm