, 1881-06-14
Stocks Open Strong and Higher,
and Are Active All Day.
The New Western Union
Strength of Union Pacific.
Prospects or tho C0nl Trade
Finances in Chicago.
Tho Produce Markets. rrogular-Ppvlsions
Quist and Tame, bnt Closed Firm.
Wheat Excitedly Higher-Corn and
Oats Fir1nar III SYMPATHY.


FINANCIAL.
Stocks wcrc strong Mt tho opening. Trims
actions were tlcnyy, mud tho tonu Ut the tMarkct
wus very irtn.
l'ilioh raclllc nguin took tho leatt. Now York
nlvicrs ftDM, private SOURCES c,.rrota,rate what
k,As i>crn given by 'rHE rninUSE with reKhrtl tn
tho Projected extension to HcRnn. Tho ruad
wifi not connect with tho trcgon Hallway 4
Navigation CntnpMny, Int will hnyt Its avn linn
Portland. Tho 0QO needed will bc taiscsl
BY banding tho New York Line. Tho bu'lds Will
bc offered 10 Stockholders nr UnIon t'nclar ut
pur, NH! for every e:,tO0 In honts subscribers
will ba given ten Shnrcs Of stock.
Contrn! pncitic sold nh0vc ttnr. Huntington IA
snttl to hc twisting tho thotts. 1t Ia claimed TINT
tho rtad 1s enr,1Irg per cent n month, IND II
prominent aifcInt Of tho rnnl Is authority for
the statement tt1ut the dividends will SOON 0o lit
creased t0 per cent Il yenr.
10ul Htocks frtltn tho 'rclcErnpha to Wabash
wrrc active and higher. The arrangements fur
tho new telegraph ct'talstuy aru nl nInlc. It's
charter hns been uhtalnctl fil New jersey. and 1t
will be kt,usn ns tho Western Unton Company,
tho wur., tccEral.li III thu present title l~nE
uf,,tttcd. ly this cheY nsd simple drvlce ul tho
icgai otssacics to tt'e consolidation will 1c
avoided and The adverse rights nf OtA Western
unsun Telegraph stockhohlrrs, II they have any
s,,ch rights. will 1m IKnnrtsi.
Pullman wns Il,lit.ttyc aud sold down To lis!t,
Street gossip nscr1tes lilo reccnt rise 10 tho
manipulation of Il r,ool. which bought samc tihlo
ago for tise,. Tho rlsc not coming rs promptly
as waa expected, artitrla respiration wins rc-
sorted To- but tho pool In tho en.1 found thcm-
selycs sutdcA with la,Cn tnurc shnrca than they
had whun they started. This story does not fit
with tho rncis, nt tho transactions In Pullman
have not terl large enough to produce ntiy such
result. Stock IL offered In Now York ut 1ie.
Some fnsIIers hnve sold out, and not itscnns.t-
vr1lble Anont Gf tlontt,lE stock IL held MI si,ce-
ul1tiy1 murx!.is. Such n situation Ut nEtatrs Is
murc favorable to decline than rise In the
immediate future.
sugr was reported to bra very hcavy bnyor Of
Western Uulnn.
Trunk line stures were unsettled. owing TO
largc offerings by insiders. AL the rucent ncwa-
paper Talk ni,out cutting or rntes ia cnoanccdas
tase!rss by persons wh0 ciallM tu hnrc tho bcst
facilities for information and who ought 10
know.
August has now bcun selected by tic bears M
tho month when stocks Will 20 down.
.l.ceent r,,mors nuout the bI,t condition Of tho
ronl tr7lte nre cIphatIcAliy contraslictctL Thero
!s MI excellent demand Tor anthracite, md 1t Is
likely to continue aii altnnler.
Puts on New York Elevated cannot ho bought
ut !. trr cent below present rriccs.
Michigan Ccntrnl's rpport shows TINT thoy have
in thor sinking fnnll sufficient to pay tho T., ,00o,
nN debt due #, IBss. which will mike saving of
StG0,00U interest, Their lands represent Mt pres
ent valuation Ut q a,H0U0, So out Of Il debt
VI abont slsoon,0N. sl:00o,o0o would lie tho
halancu tD be refunded. and ir refunded on tho
basis that othor rontls are now borrowing. would
represent net Of per cent OIL tho stock With
out their earnings.
LnTKo blocks or Metropolitan Elevated have
recently been transferred oil tho books OF the
Eumpnny TO tho t,ntncs or Jny Gould, Sidney
Dillon. anu Russell Sago, and it ID sail that at
tho mucting to be held on tho Nth Inst. those
gcntloucn are 10 bU elected Directors OF tho
Manhattan Company, 1t 10 nlso reported that
provision hns becn lnnlc to pny tho July inter-
est, and TINT tho Attorney. General has ngroed
to giye u hearing TO intvidual Stockholders be-
fnre proceeding further with tho p0nhtuR lft,gn-
tton. Tho officers ot tho Cotnpnuy admit tho
transfers, but claim thnt they hRvo NO signll-
cNnce.
saturdays quotations for unlisted securities,
lid md nsk prices, were. American Cable Con.
atructton Company, n to ISL premium: AHlerI
Gun Hallway Improvement Compahy, 100 10 ITO;
lIost0n, Hartford l. Erie, new stock, III TO w:
old, III to III, brooklyn Elevated, 10 to IN: Den
yer l. Rlo Grnude subscription, new, l:sai 10 II
premium; EaliaUu Electric. ikht Company, 2a0
to i,:sNi: Green Buy e. Minnesota stock. alsl to
:.:i+; Kcciy MOTOR stuck, !. to H!s; Midland
Railroad Ut New Jcraoy assentoI stock, 81 to III;
CiasS a stock. HI 10 70; Class u stock, III to
II; Mexican Sntt0Hnl sullscrlptions, " to :,
premium; Mutttnl Union Telegraph. to pre-
MUM; New York Loan s. Improvement Com
pnny. W to III; Port lloyul A,,xusra stock. u
to Al; Itichmond Il Allegheny. tat tu "; South
Carolinu ltaIiroau stock, ~ 10 ~; secont-nlurt-
KnYo bDnils, LEN to 1ssl; TT. Joseph s. Western
stock, n to 70; Ut. Joseph 4 lncltEc ilrst1nort-
gagr Uoutls 10 to II; 81. Iusoph l. lacllc sccond-
uprtHNKe bnt,da, ~ tDhD; South l. North Atnhntnn
stuck. :i to 10; Iaxas s. l'aoia acrip, i3H to u;
Tcxas s st. Luuis Itat,rond subscriptions, W to