, 1881-10-05
UY TELEH1tAnff.
NEW Y0I3K.

H)cdotl 10 oer 81, ,00O discount.
-
UY rELEt3ltApII.
NEW YORK.
Special Dtspaleh to 1n4 Chicago Tribune.
NEW runK, Out. 4.-Spedlllauon uil tho Stock
Excbnnrn yyns nuAin unfuyoYAb3y affected today
by thu sir[u9ol,cy In ,uoncy, WHICH contlnuns
dcspjtu tho poytnept of moro than &l.Ng),W1
fr,up tho Trcus,lry within tito raat two dnys,
and auo,atipns arp tonight " 10 ~ per .
cent below yesterdays clnsng prices, tho Inter
III Lake Erie s. Western. Thu snarkot opened Il
to III per cent lower for tho ge.lernt list. Cnlor-
uo Conf, Peoria, Dreut,tr l. Evansville. Elovo-
lar,,l, Cuu,utls, Cincinnati s. indianapolis, aui
NuuItnr EXCEPTED. Tho ilrst.uan,od WIS 1 per
cent higher Immediately a(tcr tho opening
thorc was a DECLINE of u per cent
IN New York Elevated, and u to to ~ In tho re-
maju.1cr Of the list. Tnfs wna followed byn ro-
covcry Of II to Il per cent, ind thut by dGcluo
which renphpd y to ~ per cont Dy nos,n.
Luke +; Eric s. Western, Cleveland. Co.
luubus, Cincinnati! & indianapolis, louis
Vito s. Nashville, Central Pacific,
Re0ling, Texas EacIio. MtcnIRan Central, Wn.
bash preferred Nuw York Elevated, and North-
ern Tuclilo being prominent In tho downward
turn. During tho afternoon speculation con-
tjn,iea heavy and inter tho Second Hoard
tho lowest figures of thu day wero touched.
Tho weakest stocks were Lake Erie T.
Wcssern. Iiunnlbnl s. 1T. Joseph preferred.
Cleveland, Columbus, Cincinnati + indianapolis.
Michigan Central, Lnkc Shore. CAsluln Southorn,.
Kcad,ng, Nilwaukco\ l. Western. md Ohio i
Nttsssspp atunltattnn 1:tcvntcd wAs exccp-
| tlonnl,y strong. In tho nna sNirs there was
| fructioual recovery In sou,e instances, but the
| Qpuvrui market closed wen!s.
Thu money tnarkut WIS very strung nil DAY, IN
| Rrcut rart from artificial calIscs 1Iprrnwcrso on
pledge Of stock collateral wrro compelled 10
uuy rum prr cont to e per diem In addition
to iegul Interest,", mud this prlco wns lid ut tho
etosc. HoElcrs Of Government bonds were Ac-
! uomtnolatpd Mt NlH per cunt. Timp
loans and mercantile discounts weso unchntl4c1
| Tho sterling exchange market continues tuli
owing 10 the FREQ offerings Of bunkurs' bills.
which presumably tlnvu been borrowed by
| 6recu1ators seeking tint money. Tho nominal
askinH quotations aro 4s0 for sixty.dny bills ind
4sJ1x for demand. Actual business waa trnns-
acted On tho basls ot a1slfba7uil FOR sixty
day b,i!s, 4ss4 4s.A for desnan, 4s,ltass5H for
cablo transfers, and 417GGi7s for commercial
| bills.
lla!troad mortgages were fairly active, with q
continued downward tendency In tho general
list. Hosto1i, Hartford g. Eric tlr7sts sold lUwn
from Ut to Of, recovered 10 IT,. reacteh to G0!s,
and closed ar UO;s. Cauudn Southern tirstB
guaranteed atlvnnccd from ~ tl n!i, unl
CiUscd ut g9i4. DGnver s. lilo Grande copstrlo-
tious declined 1rum il0!i 10 li0ss, recovered 10
1l0s;, and closed ut 1I05. Eric consolidated seq
ontfa foil or from lux to 1UaX, returned tu
1G:S, and closed Mt lG.A. ltuhu, Water
town & O4tlcnsbury consolidated irsts I'D.
xYYnced; fruul. " TO- =, G2if~ and reacted
to ts:!i. 81. fnul & Omaha consolidated CD ad-
ylnced FROM l0 to l0a9s, ntd closed ut lua
ruxas Pacific incomes mud lnnd grants sold down
from II to II, recovered tn =. and closed Ut II;
do tllIo Grande Dlvislnnl advanced from sDsi TO
D01s, sold down to 20. recovered to tut. and
closed at o.. milwaukee, q Lake shora
ilrsts declined from luTh to l0o, niu olusut
ut 1U7. Hannibal s. Central Missouri 'ttrsts ntl'
vnnccd frutn liz to III, wuhush tst. Louis Nvls'
tonl from t0Sl4 to l0ss, Unton Pacific from LII
to ll1ti, Ohio Mississippi frsts tSirin9sluld Dl
vision, tron 11u 10 ia, Mobilo s. Ohio sceont
lobcntures from T2's to II, international {
Circuit Northern t1rsts frUn 1i0 10 luz, Erit
thirds from lo5}i IL 1.o. Deeawnro & Hudson
u OF 1891 from ll6 tn 1l5s, Columbus ch'cAKo s
1 Indiana Central supplementary tlrsts from l.:
10 III. chcsnppnke i Ohio iolass III dccllnct
flum 81 10 u, Erica funding from l0o Il
09.f, Houston & Texas lmaIn linol ilrst.
from 1lIh to llO':. International 4
G-a,s.s r sr.xos ,,om"rnl ns frnm m " NJ i,
ha.saa i@sas @ eener'' " isom ~ 10 ~ W: y.
s 11 rasu e cosos @ s0 sss1o ~ '.o 70 @ ~
esni.r nts @ n aot ,on ~ rsee a"n
10 lirsts from d to 0i!i, aud lslchmonl & Allie
gheny 'ltsts from ~ II to l@. A,lSa,,e ,
.raoiso nrsts tosa a. Nv. n1lmauHce W. Moster' 20
a. I VI w.
% wauasa ' tissts ut lio,;, IT. laus ~ rsts C. N. ni
yIsIom At rs Peoria. Decatur { Eyansy;lto M trst VI
% psSSyr oSs Sse!a sss' ., :sss pse u ts,' to
''''''' r. lsS tss T 1vs.tesn % N..oe'aiea prt4..