, 1881-01-29
Stocks Less Active, but Nearly
Everything Higher.
New Activity in Wabash and
Northern Pacific.
Light Currency n1oyoment-For-
cign Exchange.
The Produce Markets Generally
stronger-Grain In Better
Demand.
Provisions Booming, with an Unusually
Active Demand.


u AAS 4AAe NA<A4St
Wnll street business was comparatively q,ilet. !
RnmOrs were scarca, and almost everything nd
ynnccJ.
Although tho volume of transactions was not |
UP 10 tho recent Nvcrago. prices were flrn1. and
almost a1l tho nottvo stuck shaved handsome
gains. wnhnsi,, Western Union. Union Pacific,
Northern Pacific, and Denver 4 lilo orandc wcro
conspicuous In tho advance. wcstorn linton IS
npw nlu,Ittetl to be partially corncrcd.
md 11 ia tho point to which tho street
expect II 10 DO put. 1t made 2, 10 lls.
American Union syulpnthtzei To tho .extent Of
as;. to s43.. Northern raotse was unusnlly act-
i've, In anticipation OF ita admission to tho Lon
don Stock 1;xcnnngc. Tho cotrlnon sold UP ~,
TO 20, and tho preferred II, to casl. Iron Mount
ain, In whoh thoro IA n heavy short lntorost,
sold ht 60i at tho opening md 6l:i at the close.
with sales Mt g.. Reports of n stock dividend Mro
In circulation. Wabash common waB ono Of tho
strongest stocks on tho lfst4 opening at laH, and
selling With only slight reactions up to bjM,
closing at 5U1s, a gnin Of ~. Tho preferred nd-
vnnccd III. TO OlH, with saios at O2A. Illinois
Central WIS active, advancing 10 1flss.
In tho few Losses Ut tho dag were Ohio Central
=, to u. Northwest l. to 1903: Heading = to dsil;
Mobile & Ohio n, to Is; Chesapeake s. Onio i, to
e3E. md Chicago. St. Louis s Now ORLEANS
to 53. ..
ooullls p,,rchaso Of tho Denver & South Park,
hnve bcen made for tho Union Company, aud tho
s3,0Oo,0G0 ho pntd Ia Il debt tac hIm from tho
Union Company, &, ,0oc,O ZOO OF which has been
paid.
Tho following ncx securities hnve bccn nd
mtttcd by tho Governing Committee of tho
Stock Exchange: New Jersey Southern Rail-
way CompRny's first mortgage 6 per cont 10
year bonds, sl,44y,Goo: Ut. Paul. Minneapolis i
Manitoba HALLWAY Companys per cont 'N-ycar
bo,1tis orDAkota Division drst OF isshc), e. .t00-
O00; Og.}ensburg & Lnko Champtntn Railroad
Compnny's Erst consolidated per cent i0.year
bonds. 81, ZOO, 900, md Income bonds, Sl.0o0,00;
and Northern Pacific 1sAlIroad Cotnpnnys pen-
cral lirst mortRuao and ln'id-K.ant sinking fund
per cent 10. year gold bolNls. $a0, 010000. PeN-
fnR tho preparation of tho bonds engraved-bond
cortitcatps shAll boa good delivery.
Readlny deferred bonus aso now quoted Mt TO-
bid. Subscribers hRvo been chilled upon for n q
per ccut payment
Anonymous circulars havo been distributed In
Wall street by tho hchrs TO show tho dangerous
condition OF tho stock market.
These interesting particulars about Jersey
Central are given by the Gsu1thlc:
A prominent otllcor Of this company, who is
also i. lnrgc Btockho!der, thinks tho compnny Is
ol1n9st siIro to garn u per Gent not Upon tta
QuesuonnbIy e1cecdtnKiy valuable. and II they
were disposed Of at tile market pr'co would hG
oS III enS SeeE Gesh
~ s,oss With 5 Ti'' aI,. !as yssE s5G 5
proa!|am s'Ha ef IL peT eees, aud ire wor.h sl
tO0; Long nranch lailroad stock. which lnat yonr
ss' s fs as1 as s sn III i SsS
Hig', Bridge stock. which y worth par n.'a upon
rsh thofo Y no SpndS inoptsSss s staE
wo1tS pns a. All Ss%e Il NSS ase4sr ana
onn DOCK atock. which cost the co1..pany s., ,ooo
GnlncamSs1ed S; r. roal essste, 70. necessary for
railroad purposes, WORTH t3.ooo.0a. In addition
H. II st q po spoco n
en- .3inerntlon.
A Innd STOCK which has been quietly orccping
up on tho New York Exchange IS Canton, which
since tho beginning Of the your hns advanccd
| from 10 to O. bid.
Thu statement of tho business OF all lines OF
tho Ponnsylvauia Railrond Company Gust OF
Fittshury and Erie for Docombcr, 1880 as COM
pared with tho same month In 1871, shows Hi In
crcnsc In Rross earnings OF $D,0rl; an Increase
in expenses OF t47p, SOS; n decrease in net earn
lnRs Of e3S5, 5,3oes. The twelve months Of 1850, az
| compared with tho saulo perlodiu 187D shows nn
incrcase in gross castilnHs OF S0,6p,' ,'@'; m In
crease In o1ponsos Of $+.ale,1 ,107: an incrcase ID
net earnings OF &n2,;D7.4s9. All lines west oi
pIttsb,rg and Erie for tho twclvo ,nunths Of 1881
show n surplus ovcr liabilities Of &I,0!G,6l0, DO.
lnx gatn over tho same period In 1879 OF 81, ~
$40.
Tho Sun says:
An anonymous "victitu " writes to us TO nay
Chlcaso ( ind,aua consral bonds, md whcn tho,
pudlatcd tue payrnent OF tho lnteross and prln:
cIpal, ard denlud tho guarantee" We tnkt
Is sntsay Tse Gs SPY Il
Pgnusylvnnln lhilroad Company was novel
prIntoA on tho bonds in question. but only a a
| nntepd. Nor wure tho bonds put OIL tho tuarkG