, 1881-08-23

by T1:L1:uI,Ai'II.
SI:W yCi.K.
Sr<tiai Uiapafth to The Chttapo Ttibltne.
NEW yOnN, Aug. ...-Tllo week o,,oi,otl OH tito
Stick ExehnnRa With n tunu Of sayurp dcpr1s-
Hlcn to tito speculation. anu Mt tho commence
tnant ol business II Bharp pressure to sell pre-
vnict1, which resulted III MT immediate nnd
icnry decline In PRICES. lloforc tho opening Of
tho ExchntKc solno very tihfnvornl'le
reports werg received from Washing
toll regarding tho l'rcsienfa condition, which
ca,,sed considerable anxiety IN financial circles,
md induced many holders to lind t,arkct for
their stocks. Tho unsettled condition Of tito
i,nney market also materially nsassca tho SELL
ing movement ht1h atltle 70 tho general t)eprcs-
sion. Prices opci,cl lower for tho entiro list,
and in tho curly dealings decline
rangnp .from Il tu Taf tonk place. wlleft
was most marked In nel,yer i Ito tirandr.
Louisville. s. Nashville. Chicago. burlington &
Quincy, Morris s. :Bsnx, trcgon Navigation.
Memphis l. Charleston, Nashville 4 Chnttauooga.
tlInula Central, md Chica4o, 1T. Louis s.
Now Orleans. Ahout suldday louisville
Il Nashville raIItcl ~, Denver & 1tfo
uranic ~, Chicago, burlington & Quincy
~, md tho remainder of tho list .i0tH per
ccnt. Thu Improvement, however, was mot
maintained, and on Ii renewal Of tue pressure 10
sell tic spro,fiRtlon took downward
turn. During tho rest NJ tito afternoon
tho dealings woro very fcscrIst, anl
tho quotations moved up and down
Without my settled tono tu tho market. Il, the
latn transactions tho prevailing characteristic
WIS weakness, md the market ut tho cInac WIS
very hoavy, with II downward tendency to
prices. Tho decline OIL tho Gluy's business
ranged lronl J.. to 81 pcr cent, Tho luttor III
Denver <lo urandc. Now York Central Flo
yAtctt, whiDh wus very wcAs. IN tho NHul
sntes was a!s iowor, luutsslttc & NNShvllo ~.
Urcgon Navigation w, Cleveland, Columbus,
Cincinnati T. indianapolis II, Nashville & Cl,nt-
talIuugn lud ChictgO, st. Louis s. New Orleans y,
Aud Chieugu, burlington & Quincy aii.
Tic money market worked with much
greater dogree Of cAsO to-dny than for SOHO
tt,lys pnst, IND borrowers o,l Gull OIL pl1tgu uf
atocls collateral supplied tholr requirements at
ratcs ranHlug FROM 41W per cent. tlorti bn-
Ing no transactions reported above loxal inter-
eat. At tho closo Ito luwcat rnto OF the
dny wus current. The Government bu.ld tlnul-
Grs fOlnu really accommodation ut :Nll. Thno
lon,ls wore quoted ut Af10. nccorin TO tho date
Of maturity und tho collateral. In tho discount
nturket primo mercantile paper ruled Mt 4ts9H
The Hturl,nE exchange lnnrkut opouul stcady
with tho nominal uskInE u,,utndons unchanged
at 4S2 for G0~lny Hills md lSl for demand. For
actual business tho market wRs weak aui trnna-
actions werc clfcotcd ut Brcnter concessions
from tho posted huuras than Saturday.
lla!lroAd mortgages wore fnlrly uotvo, but tho
nnritot was weak In tone, and tnost Of tho lcud-
ing Issues recorded n decline In prices. Erle
cunsos. sroontls, recctlel from l00as to l00 aud
advanced to l0lH; Texas Pacl1o laud-Erant tti-
| comca fell OH from q 10 7614, and rniltutl
to 76!4; rexas 1acAo tirsta Tito uranle III"
| vtsion) leu.lnul from n. to mi; lkochrs-
| ter Pttshurg Incomes advanced from
~ to H. tho Inst previous Hala having boon ut 10
Canada sonthorn 9tlnrltutecd tlrsts sold down
1 from 100 to ~. Great Western 1rhts from liz to
l03 Indiana, bloomington s. Western flrsts from
! " to VI, Indianapolis Decatur & Springfield
I'rsts from 1901 to losai, Kansas City Northern
rcNl estate fs from TO to lii, I.ehl9h
s WilkcsDnrro cons0s assontctl from 110sl Ia lu',
Lake Erl0 & Western incoIneA from 20 to tIDts
Ohio ContraI tlrsta from 100 to 9usf, ltomv. Wa-
ri q 0l Il: inYl Sioux City tirsts froni lljH
49,. to l'|l Inv. unss sa l$s's %aSs,n rss Is,s tS ss
s ass pyss k5s & as0n 9sd II to, IL ID l. b 9a;s Ns~
from liau to i3J. OreRon Navlpatton .irats from
bivis,5 III IL from '' s to % iS I'D W6ssi s1sS laaia
ilrsts clieaEDo 70 p@iyia!ots) @ trpm tnif @ t0a
Nav Yonx, ~ Aug. t':. @dovcrnmouts ttss % quiot and
iiNilroaI bonds woak and lower.
StAtO scIurttts dull and RDMerllly nominal.
Tho stork market opened With u worry heavy
a % slss 'sS t% the ostIos eo,;
@ q enS 1u ~ o etra H.
cor1loin sharp ttoolne. Denver, s. lilo urant)u
sold oil TA, ltol,isyilla & Nashville ", Qhoago,
Eon Navigation w, and tho rest ar tho Itat Il to
., Toward midday slightly hru,er tono pre-
fa nyar yS mS urSudo sn9p sn tho aecose ponurs In
u to w. During tho Nfturn0on speculation VIII
fuyurIsA and unsattled. md prices inovcty witt
ing each uther in Qutok succession. ln tho ann
Bulre u downward tositlancy proyMiloil mud tht
satur,lay,-tlo iattar in Danvos itio Grstido
| Other shares frulnluont thesrln bgt1tg L0n.a
yiIlD i NaRhrill0, .N0w Ytrk EtoyMtol, OrcXo,
|. NnvIKuttpn Cleveland, Columbus, Cnelnnatl !
Indianapolis, Cblcngo. Burlington s Quincy, Ch
engO, Ut. Louis 4 N1w 0rlUAns. Nashville !
Chattnuooga, Missouri FaultIe. Union pauiuo
| md lIliDQIE Gbutrnl.