, 1881-07-01
Advance In Nortf,westcrn-Tho
Annual Statement.
Movement In Wabash-Finances In
Chicago.
Tho Produce Markets Moro Active-Pro-
visions Firmor-Wheat Easier.
Corn Strong, anil Cats. Batter for Spot-largt
Ret.lpts Of Grain During Inst llouth,
TINAN CIAL.

TINAN CIAL.
Stocks opened at m advance, md wcro moro |
nctsyu nIl tlny than they have boon OF tate.
tIcuts wcro covnring III prtler not to cnrry thetr
ptnrt snics over tho holidays. Northwestern |
cu,n1nnn WIN higher oil reports nf Improved
curnlngs. Wabash WIS moved UP by tho cllnt'c
ul,.rr II. Tho rlcynteds wcro remarkably
s,u,,ty, In tho face OF tho tlsquietlns rlimors
lint I,nvo bean III circulation aDout tho July
dividends. These tho Manhattan people sny
they would pny, but for MI injunction fosbii-
,lllr tho payment tsauctl slay before yesterday.
Vanderbilt stocks werG steady, Notwithstanding
some llnFnyornble reports about tho rAtc-cut.
ting, lnss nj business, etc. At tho close. FREQ
salcs Or Northwestern ami Michigan Central
were rcp0rtcl Tho market coAcd stendy.
Gould wns said IN be manipulating Wabash In
or4lor 10 sell tho rest Of tho tnarkct. Ects wole
otlcre1 that the stock would sell ut rnr. Wa.
bnsl earnings show nm tncreaso Of over Sioo,000
for tho sccnllsl atitl third weeks or JUNG. There
arc ruiIront men who ccearc these figures to po
cookc.l. It IL thnn likely that tto increased
cnr,,lngsur tho Wabash nro duo to tho hnullhg
OF materials for tho construction Of dotals
,,o,y ron,ls In tho Southwest. Aside from that
tho basls Is wanting for an Increase Of business
IN It's tGrrttUry.
Now York ntlvices were boarish. It was de-
cInrcd lint tho benrs had cavcrcd, md that
thoro was 10 nlnrkct for long stuck. Woerl-
ehnfer hns stopped distributing points to his
frirln1s to bNy.
Tl,c b,.siur.s Of tho Northwestern noad for
thu ycitr cstltug May III. 1881. bus Just been ttg-
urrtl up. Thu Yross cnrn.ngs havc Increased
S.MN,Okl, making thum above SO 000, 900, ugahst
$17,JIpHD Iii l81a-'m. Tho extraordinary OK
pcf,scs on account Ut the severn Winter werc not
fnr frou $l,ou0, ,00o Thls has used up tho Ill
creased npt cnrntngs OF tho year and
1,ao $jO9,WO OF tho surplus, which now
stn1ds at sJ600,000. .Egutnst $i.U0,000
II ycur ago. This mt very iatterlng result Is
helped out by tho fncts thnt tho juno earnings
shuw m lncronse OF hot less thnn s500.0O0 uI1d
that tho road is now doing all tho business It cati
handle.
"I.lsud Pool" subscriptions wero ll5 bid and
III nskcti. 4 clrcuiur has bcen Issued by Mr.
Horny Willard tu tho Subscribers to tho " Hind
Foul " Informing thosu TINT until July lO
shares Of tho Dro3on T. TrAnscontucutal COM
pnuy Gun ho obtalncd for ouch subscription OF
$l,hoO IN addition to those already rnndo. These
subsrrplIuua arc to 10 payable il per cent
in cash and tho balance IN lnstallmonts
until April !. Each mcmbor nf tho
"Ijluti Pool" is now entitled 10 l:.,ht shares Of
tho Oregon s. TrNnscunttncntRa Company for
c.leh $40 OG receipt ho holds. Tho ~ shares rcr-
resent fvc months intcrost on tho faco Of the
receipt.
Cable dispatches from London statcd TINT tho
market thero shnwed gool demand for all
good tllvllcttl.paylng American stocks. /.
Wabueh common Ia pointed for 70 On this
| boom.
Wnli street operators who think the GranHora
should be wcnk on tho "bad crop prospects" +"
must lcarn that ut. Paul nnd Northwost-tho two
| Granger rbtl,ls-lo not run through tho wlntcr-
| wheat country. from which comes tho bad crop
nnwa. The sprlug wheat prospects wero uover
| better.
4 point in favor Of Michigan Central; Tho
| alich!Ynn wheat crop Ia turning out much bettcr
| than WIN expected.
IN its "Wednesday issi,c, tho Now York Tribute
,lcoarcs tho genuine Buppiy Of mood stocks
| stocks that hid bccu carrod either rs tuyost-
| lnrnts Or In n.nrylns-ts As noticeable ut ovccy
ratIy Us that ulnss which is regarded Us purely
| speculative, With 10 other value thun that which
| Stock Exchango quotations HtY6 to them. G,
Tho officers oE tho Now York, West Shoro {
lIuirulo ltnllrOud Coupuny announce tint MI a.l-
| ttlonat S15, ,U00 has beon subscribed to the
construction runits OF tho Company, milking the
| tutni available RESOURCES for tho building Vt the
ron,l s:t5, ,ooO ,0o0. Thu right OF wny hctwcnu New
rurk anu Syracuse bus toon substantially uc'
uutrctl, tho route hns bcen finally locatc'l for
grcutcr d!stuntc, md tho work Of constructor
Is DclnH vigorously pushed.
Tho i'Ust snys:
There is no dolslIt TINT ut present trunk. ltnt
ting oil eastward Al,sl Wcstwar trlfto pxlsta; nt
s,ru IL tlsuro any doubt that MI this is wthlt
WY contrs,i ol thesn n'4nIaEG.s ny tlaS 1 tue,
trol Or rites u nk4ncntctl ~ tho Avoraga Will
Btroct mind With tho speculative operations o
ss e sr ts;S Il W sttso n Nil .he
Het stouks e1ltyHh to Induce tLonl to restore hlr
y rSnos a4 anis wa tes 6 ,do sSsss sr,
fur Il EvnurNl buying Of stocka; aud q eontlnu
H,,cu uf tho prcscnt condition IS naturally OK
Hilsx market. 80 fur rs generul trntle ts cotl
Gcrilr,l theru is Af, nbaonce VI tho Hpact!atfv
spirit w9!uli elnractorlxeH thc g. markets. " lae
us.nt,gus oxruetls ail previous records, and tn
proiltH of business arc reported 10 be satsfuc
tory III u rule.
Approximate eRrpEuRs Of tho st, Paul, Hlu
nunpoiis T. SfAJltoha ItAilroad;
asn .n;!aiS !InS nv. u Il III; aaf
lnrrua.o. at7ll'
Esttmuted earnings OF tho Houston s. Toxn
CcntrNl ltnlirtlad: :
Gs'ts %Sss 'S' %usk Il III sti
}sn. 3ssS ii $ 81
tncrease......,,...."...,.... ......s at'stl
Gross earnEugs Of tho Esann,hal s st. 1oscph'
@Ts,r41 @ xesx y, s.s " ,t!laA t!lsA sSS
!, |
hallway Company from Jan. | to Juno =
1851, wcro aKalnst II ,aS1. ID FOR Il
same period Ut 1870, MI lnorense Of It'll 1.a.
: Tha continued growth 0f tho bnanto at trati
;, In our tavoF and tho steady tnGsoaso In tho al
: hiu0na tn our stock OF metallic ourrGnoy araN
from Europa III consequence thereof could NJ
to mora ekearty demonstrated than by Il tab
Issued froh tho llurea,l oc HtAtistloa showtt
Q tho exccss oe our exports Of donlostic pro.lue
\ over our Imports ot foreign merchandise, NJ
: tho excess psr contra, ct Dur inlportA Ut Il
: preciults motns over our exports ut tho satn
i Our exports Of produce wurn *8,41d,6i9 In exce
Y Ut ol,r imports tor the mouth Of aluy la'
! nKail,At only $750.007 for tho sam0 month IL
year, and fur tho trnt ei0Yen months tel.lol vi
5uy} uf thu current tlacal year Wero <..Sh l5o, Il
ayninat $1b6, ,O5d Ill for the samv period lust ye
Fur tho cluyeu months our Imports OF apooio o
., ceop4 our exports by &!e:, iA1 stts. against I'll
= 7l1h3l f0r the corresponding pursol tn 18TH 10
% Thu following shows the range Of tho aotI
T. stacks;
Il ttI0sH- I Iltah- / i.0lV-I q