, 1881-08-26
BUSINESS.
Stocks Dull and Weak, with No
Outside Buying.
Reports TINT the 1tatlroasl War L.
Certainly Settled.
Advance in Bank Of England Rate-
Finances in Chicago.
1lo rrodutc sarktis Agatn 1rregulur-Frssislons
gulet md Closed Tame.
Grain Ranged Higher, but Partly Fell Back
Auolhor Jump In August Whsat
FINANCIAL.

Stocks opCnctl weak md close1 wenk. aud IN
tho Interval there whs no rally. Money was
Rctive At per cent, and. pending tho lssun Of
tho Presidents battlo for lifc. outside buying
is Utmost entirely suspended.
It was stated positively on Information
claimed 10 havo conc from tho highest aot,rco,
unaauterated by street gossip, TINT all
tho details for tho settlement of tho
rnlsoad war had been arrnnRod, and
TINT pcace would hc proclaimed at tho
first moment tho market Hoesued roady
to respoau 10 90 favorable an announcement
In tho present critical condition Of President
uarilelI nothing could move tho market upward
worry mich.
rulimnu Palace Car Company, the uenrs nm
no,l!ccd Il tluy or two ngu. wits to no crushed
tbla weak The stock bus been very hard'to buy
lately.
There was noticeable weakness In Now York
Eievnted., Tho price sank from l00.s to M.s.
Accnrsl,ng to the Sew York papers. mr. Cyrus
W. Field hns been quietly selling hB Interest
out for somo time. Vanderbilt Is believed
to be behind tho now underground scheme,
ard this Inns In its favor 80 mnBy points OF
superiority tho trestle rnflronfs that Stock
ltoidors III them Ara Os1nR their conitiesce. Mft
Ficld toll n, Now York Times reporter on
Wednesday, TINT while In GarAtoRn ho WIS told
ly Il very prominent, well.known, nt1a trust
worthy mnn--n railroad nun. bnr not Mr. Van
tlurbt hfinsot-thMt Mr.. Vanderbilt had pur-
chnsud IN absolute controlling Interest In tho
New York Underground Hallway Company; that
he wus going 10 pnt through ns soon M prAc'
tlcaOta m underground ruad fron tho battery
tn Forty street, With folir tracks,-two
for express traI,ls and two for local trains,-and
that he was going to mike tho schedule cxnrcss
titne from the Dnttery 10 the Grand Central de-
pot CfKht minutes
In Ch!cuyo, nb we'll rs III New York, tho nuWs
that the Nnnk Of England hnd raised tta rate OF
/ discount to 1 per cent was rrcolvcd With grcut
Interest. Last ycMr tho bank allowed tho drain
| of guild to go on Without interference. 1t could
afford 10 t!u 50, because the hank Of France had
| IL supply most ur tho gold. Hut this year tho
Continent hns less 10 spare thnn last ycMr, and
| larger part OF tho exports to the UHlteu
Stuto must como out OF England. Tho
Hank of England rato ut tho very
bcplnning OF tho movement is up to
per cent uutl 1t Is evident that tho bank 1nenns
| 10 nnll 1t cnn 10 80 infect tho money market
that England shal puy for American wheat With
| American securities ind not with British Rold.
I Chtcago l. Northwestern earnings havo lnscly
bccn lnugoasing Mt tho rate Of over $s5.00o day
above those Of last year, when the ,trat1fo was
supposed to be exceptionally hcavy. With ro-
gard to tho earnings Of tho CdicARo North
western, Day 4 Field s1y III th0lr ctrouthr:
Tho Rr0Ba enriltIlEa, expensea liet entnlnpa,
and fixed uhargcs as glven fur tho last Blk yours
| nro Us follows: