, 1881-12-24
UY TEf,ltt3lthrlI.

Sptttat UitpattA 70 tho Ehtedod 7fthuns+
New Tu,,K, Dec. .,-Spocnlatton on tho Stock |
Exchange WIS vnrlahn &uiay. tho lhtc tscal1ilgs
showing dcult1rd recovery from tho recent 'le-
PRESTON, and whites Aro u to III botter than lit
Tho clo.o Inst evening. Immediately hlspo-
Bit!on to purchase buth for Investment aud Tor
rfsp wis manifest, and In tho etrly dealings
prices alvHnecst Il to ~, Orcgon NartEatiott.
Missouri rnclc, Tcxns Pacific, Lako Shore, ne1,-
vus & illo Hrnric, md 1t. 1,hul londlug. This
was followed by rcnctson Of Il I" az Ia
which Oregon Navigation, Northern Iatitlu
preferred, LouIsylllu Sc Nashville, Maui
hAtinn, Cnnudn Southern, lscnsllnp, New
Yurk CentrM Tnxas racllc, Wabash
preferred, nnd IT. Pnul Il Omnha suffered u,nst
severely. Then thoro WITS II recovery OF A III
tI, In which Louisville Il Nashville. Northern
Pacific preferred, De!owarG Lackawnnna 4
Western. and Cnnn1a Southern wore rrot,suont
About noon tho Vanderbilt railroad reports wcro
mn,io public, and their bhti showing rrsultcdln Inn
tloclinp rAt,gi1R from Il To 1. Northern 1acii'o
urururrc,l, lscn,linE, Michigan CcEtrnI, Lake
shore, New yurk Central. md Cnthtin Southern
lentlnK tho huwi,warn tt1rn. Tho market thof1
pccal1o less fuyrrsh, aud fluctuations wcro co-
llned within fractional limits uni1l tho Inst hour,
whom, un.tar IL strung buying movement. values
rose Ii 10 III, and tho nlnrkot closed strung.
tho money market WAS less stringent toiny.
The rate CAil tu borrowers un pledge III Stock
callntcrui rlcl ut per ccnt until tue Inst hour
when It fell to 4dSh per cent. 1lol'lcrs "t uov.
crl.ncnt bonds wuro supplied ut alt per cent.
Tltuo louus and ncsca',slle discounts are ILL.,
changed.
Tho sterling exchange market was dull and
weak. Tho nominal asking quotations hnvu
bccn tnnrked down &c. to 4BolS FOR slxty-day
bills and 4Si!s for tleulund. Actual business WIS
dono at 47aiiQti'DA for ssxty-day hills, AS'!Seb
4&Ii for d4ttltn, 5lSI fur cnbl0 trunslcEJ,
and 47elDi18M fur commercial bills. ..
1taltru,h morsgagps wero fairly uctivo ut gen.
| orally declining prices. Hostutl, Hartford q
| Erie lrsts fell 0r frnm 67 to Il. CAnada tarsts
declined from, DO to DS1t. Er!u consolidated Sec
Uuts roso from u tu UDi8. kAusns j. Tcxns Hnn-
eraI 0s dropped from Sl.i to ~, and rallied to
so.i; do secot,ls sold down fr.ui f.!k
| to 10, mud recovered to II. wahash Knncral
o. fell oil fron, " to S7!s. and returned 10 ".
| American Dock ttrsts advanced from 1881 to
| 13yts; Western Union ctn,pou bonds from 1l1h
to llsh 1t, Paul, minneapolis & Manitoba rsta
from 1l1t3 to iliH; Missouri Pacific thirds from
100i tu Ito; Mlchigau Central Is frotn l@sssfs to
| 1sEs; Eric thirds extended FROM tojb to
100; Erie thirds funding 81 from 01!t TO 0S;
International s. urunt Northern tirsts FROM 10s
| 10 101,l; East Tunncsscn incomes from 6.n 10
| Ejt;; llonvcr s. Rio Grardo Arsts from 110 TO
IL; do constructions fratn 1usA to 10i; Chcsn-
pclke Ohio, Glass II, from s0;s to u; DO, Class
| Il. froM 100 to 1bU!t. Columbus, Chicago
| l. Indiana Central Incomes declined FROM
| - to =; Grcnt Western seconds from
los to l0dt:; Kansas CITY Northern Arsts,
O,naha Division, from 11!n to 1l3ai: Lch'Eh 4
| WilkesbArru ftlcDu.Gs frnlt E2}s to "; Ltko Erlo
& Western ilrsts from lbs to 1O7!s; do Incoincs
from 5ats To dd!a; Mobile s Ohio second 1cbcn-
t,,res fr0l fl,s to 70; Morris j. Essex guaranteed
cotlsos from l:1!a IT, l22J; Metropolitan Elevated
l,rsts from lWl tU 1nsls; do sccunts frOm 0s to
%; Nuw OrlcAns s. Pueblo trsts from W. to
| 81; pcurfu, Western s. Evanaville 1lrsts from
frtm VIZ to Ut; Tcxas rncicfirsts. Rfo Grando
Division, from H7si 10 u; Richmond & Allegheny
tirs,s frun lo5 IT. lU!i; st. pnul. CnlcnKo s Pa-
eltle and Western DivtaIona 6s from SD1s to u
}s,chnoni s. DAnvillG7tt6s frusn 10is; to l05'f.
Rochester s. plttsburE Nrs.s sold at 1oo, Western
1acitio bonds Mt IL; Ut. Paul tssts, I. & n. d.
vlsitn, ut 1T: Wlnona 4 1t. pctcr scco,lIs At30;
md Uthh Southern general IL Ut Ito.
10 The llt,ssr7l Annotated I'rtas.
NEW YonE, Ice. 1.-Goycrnmcnts wore
strndy md Ii luwcr FOR 4s.
lta!lrcal bonus were moderately active.
Htutc securities wcro 1ult. ......
| Shnr1 speculation opened weRk aud NGeH
lower for tho B1,crnl Hlnfkct thun closing price.
Of yesturtluy, ltlchlnonl s. Danvillc, Motnphls
| Charleston, pacltlu nIail. mud Northwestern pro
fcrrnl being most pron,lnont In the d0wnwArt
. movement, whi!o New York Contrul ndvantctl ]
In enrly dealings, the general tuMrkot. becoming
unsettled, showed no Important chaCuus, cxccp
for Northern racltlo preferred. which dccsfne'
81. hut Immediately recovered :, and ltich1non
tho curly plrt Y tho afteruonn the Kcticrnl in ~
IT fsil o !hl tte !atsr ~. f1r Missouri! . rnc!!s Y!
Mur;nof f. inv lnWsst otI,t luri.8 the " t,y k I'd
Inc etlru .leulMe5. III nle dealings. tho n,arke
advanced stcntlily 10 tho close, PRICES selling "
Nushrlllu, md KANSAS 4 Iexas bcInx ulnst COZ,
gpicnons in t1o upsara ,''ayctnsns Fron, n, II
| mil tht, HtItirtt ArkDt. with few GfpGtl