, 1881-02-01
WALL STREET. I

nnd Irregular speculation was 10 be noticed
tt,-ttny, creating II multitude of doubts md
comments III street circles. The recent re-
llnrknhte hluyAhcy of the market wns ex-
changed for weakness md hesitation. Tie
stocks fur,ncrly considered tho backbone OF
tic list, the dfyftiuiid.payers, which were so
lnuc!t sought after that they were beyond
pcrntlrenturc, g1lvo wny unexpectedly. The
bears were melted to lnnke u renlohstrance
against tho Grangers, oil n report tint tho
spirit Of tho old Potter faw was to t,e rfvfvett
In bill hostile to tho roads, with view
10 diminish their great earnings by
n limitation Of rates. It Is affirmed that the
bill Ind its origin ii, Will street among sun
dry SPECTATORS who were short OF the stock.
The market wns
HEAVY AND nr1.L
OH thu second cnll, particularly for Union
Pacific, Michigan Cuntrat, New York Cen
trail, Northwestern, st. Paul, Iron Mountain,
tho llanniba!s, Hack Island. Alton, and Terre
1lautc common md preferred, Lackawun,,n,
Ohlos, and the Wabns!lcs. iseadtng was
strong but ttul, and Kansas & Texas rose,
Tho Elevated stocks renctel somewhat. but
Metropolitan was strong Ill n good buying
demand. Some Of tho large conservative
operators wero buying good diyide,mt-
paying stocks, especially Of tie Vanderbilt,
OIL scale orders this AFTERNOON, believing In q
higher market nga!n. shortly. Ontario .E
Western was especially still. Western Union
rallied again. Columbus, Chicngo L. Indiana
Central WIS also firm.
TilE MONEY HAuKHr
wns somewhat moro active than usual to-day,
ra'r" s"t ] @ 1 am ~ s.9oA ,r. saa
,';,. ~ ,s' ~" uot ee"t. tno sient
puih u .ilo business, however, WIS transact
ynnccd 10 per cent Tie Goyernment.bond
,r,,lcrs Tnund rnoI,, nrc,n,,notlotin,, ~ ~
ncr co,,t ;;y,,,o % ,,o,s "..n ,''nsn su.tat ~ - -
nlns w." at a""s "oio unoteu -.
oisS.. fs9. ~. .sn', ~. Meeo.uns " u'o 4ehstn
y. .., a'ne nn' % 1'o colase,a IN t!le utseo'iht
sIxst as ' m s'sanis ss9s ppar sseas t's s,ts a.
were twice @ adSsnce iva l 4 per- ess cent u"s "sr tho
new system Of quotations, Il from osjS to osS ~
for slxty'day Bills, and from 9o!1 10 p19l for
demand. Those bankers who still quote uu-
der the oil dIspcnsa.Ion marked
md M from Isl - to !. % 50, respectively. respectively.
." and after Feb. many Of tho leading
Mcssrs. brown Dros & Co.. Droyci. Morgan
,nyo vo, ,conas aa S Ian'l'''' bank OF Commerce.
'''''o eo'u,"',c. ,,..",,'.,, ~ n,,,, =, ,,u,,o
llEsl,sfE THE OLD METHOD
The cI,u'lge las been decftlctl upon n,ninly
bceausu n number Of bankers w'lo promised
toJpcratioM IN the new method abandoned 1t
nltera brief trial. ani also owing TO The
ws 5ss 'ss yHrs ss s,e'ass ssns :S'''S" .s I'D Il
ot doinE business. Tnls aetIaa was :''' not en,
tircly t .ii,uXpcetet MD ur.dnubtc,!ly. under
,noye; BIT, neyerihelss, i must le admitted
advantageous to iankeEs md merchants.
+ Ir Er ssts oHt ,fai ts itv, 4, ~ inl.oiu
rrc IL G% n,,fi r.t;,r," n r. "t n Z "InSna ~
Chirart, InIim,,ns tontrn1 S" ,,,r.,"os
ruse from 73X to f5K. reacted
10 =, :. md recovered to 7dj9,
% looqasS, Alynncetl to l0l, aud rc,ctat 100}f:
Kausi,s u TexMs tirsts fell .otf flum lf:j To
1la144, aud closca ut 1l:sk; do seco1uls sold up
from I I1't t. w, anti reactet! .to !DX; Texas
SlsS to SIX, niNt reacted TO
sl1I:, 10 ,tirsts advanced from 10lt1
to iG?; ljurltngtat,, Cellar llnptus II North
erll tirsts russ from lD0@1 to lol; Chesapeake
y Ohio currency q frt,in 81 10 5l,1; t'rank-
llonstol, = ,Toxas t,nai!i linc] iits iirsttss
from 1lln to III; indianapolis, DE-
catur tE Evansville second llicunles
rmi. G5N to "; I.aka S!'ors consu!ldated
bloomington & alnmcio jncoIaes from 81 10
slH: Nuw York Elevated tlrsts from ll74l
to lis; PEORIA, TprrU lluuto & Evansville iii.
comes from s3i to sl1f; Wabash equipments
frnn IL to 50: do tirsis fSt, j,nl,ts DtyJsIunl
1roh J. l3 70 ll3S4: ni1l metropolitan ElBvntra
seconds 1tnsl W 10 Hlt!1. lcllyhr " Kin
s,en,iHe cHnstsurEo!l t5 uEtltllcH lr',. ilnA
~ tl2:S. an.Htlant!oin' - Hftai .Snr1nern aGe-
Gii!t ,i lhcOulsh ttn'h W 10 VI lfon Mollll!Aill
tfSt ..i nre'ssred sodn.' ills1'hcs o truM w
nn,,os ~ W. rro," ." G., seeoha WGlsfrrd III.
comes iFonl q, - n: l1nkn S!lnrn
rsE!Stsrs SesSi,s sws fro, fT ls !" ~. Sf
Essex first fropl tbs % l:fi: NortGWcstera
XII! HILL c1'l's rsts ts" iro ,o a !; % st. laAl
a "DuIJIslI" FEErty0 IN coal sI1AnEs.
,Tho G,s,l,hIc says: others Is sti!l very
siIarcs So gres Ii tho siei,tat,I for coal Tint
the various et,u!pnnics viii mGxt inotil cuii,-
,rx,aJy coittliun ftll time tinrjH,r F"I,rnnrv