, 1881-08-11

Sptetal Dlspa.eh 10 The Chicago Tribune.
New yoHE, Aug. l0.-On the Stock Exchnnge
speculation waa soln1wlat nore active thuu' on
yesterday, but tho u,nrkct WIS heavy In tollu
tlarfng tho groator portion OF tho day, md
tho closing prices show decline Of
X to ~ per cont as compared with
thoso of Inst night. Tho action Of tho
Joint Executive Committed Of tho trunk-lnc
railroads at thoir meeting to-day III advancing
tho rites for grain from Chicago to New York
eoo per 100 Ds impnrtcl strength to tho Into
doallngs. 1t Ia stated. howurer, thnt tho
New York Central Cumpn1y was not rep
resented at tho conference, und. Judging
from the Views expressed by tho gcntcmnu who
exercises a controlling tuiunnce 0ycr that roatl,
It Is not generally believed that, with tho pres
cnt scnroty Of freight, tho nuvanco will bo
maintained for any length Of TING.
Tho new schcuuIa does not 70
Into operation until Aug. e.. THO
course Of tho speculation to-day was rather
orratlc, but dlirnR the carly portlUn thereof tho
tendency was In tho direction OF 1owor slllota-
tions, md at tho seeond board, when tho lowest
figures werG GENERALLY cprront. tue decline
ranged FROM \ to 2A per cent. tho Inter In
WnlJlssh Pacific common, the preferrod stock,
Metropolitan Elevated, Cleveland, Columbus,
Cincinnati & Indianapolis. Cnnatla Southern,
Memphis g. Charleston, mud Lake Bhnrc being also
prominent IN the downward mosement III tho
tsnnl dealings, owing to tho causp previously
mentioned. tho market assumed u armcr toMe
and closed ut recovery Of 44biA per cent,
which was most marked In 1lpchestur s. Pitts
burg mud IIannlbut & st. Joseph preferred.
Northern pacltlo was notably strong III tho Iate
dealings, the preferred selling up aE and tho
common per cent.
Tho monuy market worked quito smoothly
during tho morning ut s.f@3 pDr cont for Gull
loaus on pledge OF stook collnterat, but tu tho
Hrk%H H1ft
por cont This figure, however,, was
maintalncd but for a Drisf period. mud tho
closing quotation WINS per cont Tho
Government bonl.dcnlers ms usual found
rcAdY accommodation Mt Abss9S per cont. Tf,ue
l0nrs wsro quoted at III OH pcr cent according
to tho length Of time and tho collGtolnt Iii tito
discount market prime mercantile paper ruled
at atNl4sf per ceut, The stcrlIuE exchanKo tnnr-
kGl WIS stendy and tho nomluRl asking quota-
ttons wcro unchanged at 4si for slxty-day bills
and 485 for demand
nattroA1 MortgaRcs wAro tn light requcat, but
tho i1Inrket was somewhat Irregular and slightly
heavy In tone. Boston, Hartford & Eric 1rstS ru.
coded from III to S6 recovered to H. and closed
ut Sl9s. Canadu Southern guaranteed flrsts foil
on from 100A to l00ll rose to loof and roacted to
'10OM,. Eric consolidated 60ColldB advanced FROM
lG:si to 1Gsaf, fell or to 10.k, and returned 10
lGh. Chesapeake & Ohio Js tCluss ~ soltl up from
B7k to 871{, Cairo & Fulton 1rsls from ll3H to
1l4M, and Rome, Watertown e. O9denshur4 co1i-
solldatel tlrsts from DB to DSf. Columbus,
Chicago & indlAna Contral incomes de-
olinel trom u to II, international! &
Qreat Northern itrsts from 112!f tp IT., do Soc
onl incomos from lO0h to 100, Louisville, Nav
Abany 4 Chicago arsts from l07 to lod, Ohio
Cuntral tnuu1nes FROM 81 10 ~, Ut. Paul tirsts
tsautllorn Nlnnoseta pivision) from lU7 to lo5,
Cuntral Pacific Ilrsta from 1lH4s to llG and Wa.
bush Pueblo lrstA .Chluax0 Dlylssonl from " to
W4.' -.
10 ths lVssttr1l Aatoetattd PFess.
New YolsK, Aug. 10.-loverumonts stoady,
except for new Ia, which dcullncti II per cent.
lsuilroud bonds dul! aud irregular.
stato securities moderately active.
Tho etOGk market ppunad generally weak and
lower, and In oarly dealings prlccs declined II to
Ih, Wabash Pao1o tcntliBg thottUwnwartl move.
1uent. This was followed by fractional 70.
cOvary, aui later by slight decline. aud tho
tnarkct continued Irregular Until tho second
bt'art. when prtcas foil OF u to N<, tho lAttur
for metropolitan EIevntcd. In lato doulIngs,
however, pricYa reeoverod ii, to IN IN the ~.
tav nT tho trunk llnp rAbruAlls Anh nEre0A Il, ro-
pounds. taains o;fuot Aug =. IL Tsa1saatiops. M as M
s.SlO0l sharcs:
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Han, &IJus8ph pll. 1kuli1 Nust1 Mail +.,nu, Inn
KAnaus 4 Ts1Rs.,,. 7nL1 itaU
lnku ,na Idl Psui,,,,,,,,.,,..4 8lu
luut1FIl!a &nHh,,,, fMk IJt lau( t]t,Ahn,t lt1
Michigan csntFA.. ., l0la fuxAs i'AcItlo,,.,. 2tu
MCn,, ii Chhruatu, 3,Ah Union rpeEa ,,,,,,, r'S1
NorlhWosiern......... EGai wssiari, ualo: ::":.ilW
Money .nctiro at s!sQ9a closing at 1. Primo
nereanttle pnper, MbtMi: sterling exchange,
sixty days, steady ut lGs& demand, t8lst.
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