, 1881-10-27
BUSINESS
Complete and Sudden Change
In the Stock Mar
ket.
Shorts Frightened into ''Buying by
{, Prospects of Trank.Line
Peace.
Vnn.lerl,t.Ls Lending tho List
Finances In Chi
clEO.
The Protluco Markets. Moderately Active
Provisions Declined Early, but
Closed Strong.
Graln Tending Upward, with q Bet.
ter Demand on Outside Ac-
count.


FINANCIAL.
Eu,srr tiIe l,r si,iu at the Vanderbilt s.ueEa
The nhfkrl n,frRnur'i with fttnrnf purchases ty
thu sil1ria. J'hn Immediate ralsn Of 40 upward
movement VIVA the le1Hr lint tlb Trunk. t.ur
war whs ~ r,,c,in III srttl1d Tie shur, Interest
i'll thu Vanderbilt. Il rf,urnu.tfs. nrcurttH 10
common report. md tflt in other stocks sytNpn-
thlze,l to snlue extent with its movements. Now
York usrlces stated that tho buying was mainly
dnne by t4e suOrts, and that tho stock
WIS being suprtte.t ,,y t,ssdess. ~ tic
close Vanderbilt brokers, sr-cnilud. were
sellers Of 1.nke Sl1nrt. Michigan tensrnl. nn.l
Srw York central. hut X wauli br foolish IN
attribute any smpnylMilco To this ctrcttmstnut,.
After ali Interval Of dullness which fallDHctl tho
strong AMI active opening, tho upward mnvt'-
mcnt was rcsilt,tt1 by lie tHn,lrrhflts. und
atfrctc!. neury tho wilolc list. Ai sc cIote. the
market huu MI appearance Of great flrnneas
aud good tone.
There wns sAfi tn liz htASy selling us south.
western stocks md tho coAlrrs. Un tho other
hun1. thu con! business Is described as nuyur
before 70 ttst uni rc,Il.ltlera'!vc as now..
MONEY wns Enure active. The Vanderbilt party.
act0t,iiuR tn tue hcArs. will lock up tAonry. Tho
natural acctnllason Of sasMs by tl,e hunks nsiA
ather corporations for thu pAy1lsetlt Of SoycM.
her dividends will AAsisi Il, make 1nnncy more
active. New York tnllkers aay TINT !urRr
amounts uf n,ol.ry will have tu lie used IN Ntt>
fe,n,er to mot tho ,Tool, cotton, and tobacco
crnps.
lttilrnan a,,ya1r,el IT. l3... The psesent price
includes II :: per cnt,t dividend.
The ft,t,rt. Formidable tue opposition af Tho
Mutual Uulon threatens ~ be lilo t,iorr hn!l
JoBts are pnt tnto circulation about Western
Ehlul,. 1t Il now confidently assertcd by tho
Could purity TINT Western Inlon will soon TIT
!n0sn lrom tic remainder Of thu market Anl
lltva II g,1'At unu rapid rlsc.
This Metropolitan Stockholders are very ntl9ry
over Tho sfan closug ol thc transfer toot;s by
snEe yesterday. n,Id sny That It was done for the
]ttrposu Of forcing the,n 10 acknowledge Tho
now scheme which they rcpudiatp aud will Colt
tcRt.
Ttr movement among the Natloua! banks IL
hErea7c thcif circulation seems to 1e extending
throughout the country. Some nr tho prominent
Government bond dealers in New York arg ro.
ccIttng orders from varlnus points Ior thu cx-
tctihtA Is "a lie deposited III Washington IN
secure ntw circulation, y larltr oyler Of Tits
Kind catnc from Al, Interior Now Englnna rlns
fnr S4OnHA', tho sasln link ntAa exchanging.
tssaHt,ItrI cxttllledGs nov IN the Department for
rxreuicl IL.
seyrrat Erlc schemes Ia co.tnteract slr. Van.
acrbiit's purchase ur tia Cleveland, Columlnsa,
Cincinnati, are mentioned by tho Philadelphia
I:tc6i1i. I'slc lulr0Io, rl1tadlrK Il Western will
Rtvc thu Erie la.tl ut tlfty miles from lMnklrls
to ChsIy, plaEInK II upon tho Atlantic h ttrcht
Western loa,. Anlong The possfpe things ,nen-
iinneI " tho alss Of the ttllralo. rlttshltrW &
Western Hue FROM DnnktSlt tn Chicago Jnnr.
ton. a1lt', ly uu.xtcnsni, from the latter lnnt
tu .skru,I, D., wteEu tho Chicago s: Atlunl1e
lInnl hnA ali eastern terminus rhe tnrinrr
ronI has surveyed itA extension to Chiraxn
Junction, ,lista,lc Of l%G nalrs aIl an extc,l-
hun 10 Akrnls could he speedily lnntle making Il
shorter route Than by Cleveland. C0ll.inllus,
CtHcInnati & Ind'nanno's.
Tito earnings Of tho penyar& lin Grn.l.iu
HALLWAY for tho second Week In October ara re.
ported nj sis..ta. for InIlesnf roal, as nxanet
$lhl,u.;, for Isl mtlcs:nf rond In 1ssO 'rhAt ~,
there has lran a1s sncr0aRu nj tntieaEo OF = per
tout n1nt al ncrcasn of earnings OF il pcr cent.
Tue i.tn .1ta!t tia:tt'e says:
IN their scrruIar Tor October. sies5rs. Cross.
Hensou ! Cu. HnntrH the ylaw TO rrc-
oas ssy aud s'nsss ner III e H. Nav eae WE
money marliet WHICH seem to be prad,lced
q will 1'y stock saml,icrs nro bit accidents in
tim which Inns EIpch EoDg Oil for yrnrr. Yns!.or.
lnE Fni.!ines III its ptoxrcs@ 'tnt!! i.s absorption
new huIlltngs., ,lnnnufietorfes, brs.lkiug nj ot,
,!ow !anf,-nil iheso .iilfsxs require Tor the 'nk-
links tntl IL very difficult IL vel The notes thoy
;sieasrs. @ @s.ross \ 70. hcar Or % 1ns bank
$siEtsx) hn thinking Itsclt lucky In RrltlHH Ii
perrcut "f It ~ llannr money! ts1a rcst lelnx III
" a aFm, or wv orkes y" g.
tsibA,cI ever MI OVERWHELMING Areu. anI this
enrrrusy & sery slow q come buck tu thu tinan.
tlbns have to be Inlld ~ they mature. This i'm
rapid conversion ot fatiA3 into liked cApiini
nt S sY"ys @ Hsss' 81 t6a 6ahss
tran Treasury t1tDy no not think tho danger IL