, 1881-09-22
Stocks Open Strong, but Close
Lower.
A Firm Undertone to the Market, with
Little Doing.
Tie 5rulnte Markets More ati,e and Stnth Stronger
Il Detldtd lleasttan trou AuulaJ's
: Wenknt0.
The Shorts Covering Freely-An Alleged coraur
in Corn for October.
FINANCIAL.

Stocks opcncd strtlg. aud mn,le some slight
xnins without much activity. 1lus dulllcss
soon succcedei and toward tho close tiere were
sn,uo Rnlrs 10 rcallze prnilts, which brought
lower Vrecs as II who'll. the rnnrkut WIS With
UMt sedture. but displayed strung tlnslcrtonc.
MI Indications were seen Of tho lcAst pressure
10 sell Hioeks, cshor hero abroad, u,i account
OF tho death uf tho President. The only nutnhlo
movements Of tho ,!ny wgre niae ,'y e.. C.. e. s.
l., Missouri fitclflc. Central lacts,c, ard
Like Shore & Michigan Ccntrni. G., e..
G. 4 /. advanced from vo to Wai.
where It closed. THIS risu was
due, according TO street r,'nor. to purchases By
Vanderbilt. AsMr. Vanderbilt Is known to hnve
beGn large holder or the st0ck Mt lower prices.
and ns tho business 0r tho road is rs severely
Infected by .the dsnlth and rnIlrnad wAr !s nny
IN tho country, It 1a moro likely thnt Vanderbilt
Is srlnx thnn that he II buying. Missouri 1'a-
cc went up frta, oG!s 10 lO7,1, but did not hold
tito Rai,t, and elosrd Mt i01i4. Centsa pAcic nd
vnnced from st:it to El3s, but SINK Gnck 10 hsf.
Ths stock has been fnvornbty Affected BY
the decision of Its manngrrs 10 bnfld
line OF thetr own from Ogden
to tho Missouri River. 1t viii rccc!ve tocRl
ralic that will support 1t. ahd It eau be tnit for
onc-third tho cost Of tho Union Iacfdot with
which It will compete.
Lake shure aud Michigan Central showed con-
stirrnt!o weakness Mt tho etnsc. Mrht9hn Cen
trn declined fruin !Ei1a TO Vii, md Lake Shoro
from l21St to TO- Nm Trustworthy Information
hns reached thu public to the effect that tho r,i
routl wnr IL lpar its Gnst. hut Rou who consider
| themselves ns!,irrs havG "posltlvo tnfortn0-
tou that pcs,cr will liz 1,1l,lo hbout Oct. l. lr
TINT wern Fl, It would by nu menns follow that
| stpcks would 10 up.
| Pullman was lJ551!3li. Tho rights sold at
10.,4.
1uy Goulil appeared in tho rnlc of tho leading
hull. II IN rcpurte'l IN Wal street that Honld
At.sl Vanderbilt are Mctlng In harmony, and that
! tinuId has bought a largo nmnl1nt Of Luke
| Shore ,aud Vanderbilt block Of 1000 shares 0f
| Wnhnsh. Ualll nri SAxe arC now snltl to hold
| 4n.UO shnrcs Of I.ake Shore.
The anthracite- emil tratle. tho Philadelphia
| LttlVrr sayH, has stuickenou considerably, al,d
tho outlook Of tho Gntre trhslc Is most cncour.
nuIng. Tho question nf controIltnR tho coal
| nnrkct hy limiting tho supply nf et'al has been
rccuncIicl satisfactorily by y arouth so general
| throughout tile Mnihracite.rTl regions NJ tc
shorten tho production Ut coat III tho entire
satisfaction Ut tho producers. The Now Ell.
glnnd c0nl market Ia taking very freely Of t,t
| current production nr coul, while tho demand
from tho Western market fnr anthracite c0hl 4
IN exccss VI tic supply rs well as OF tho fhcllt.
tics Of transportation.
MIR. Gowan has rcturnrd from Europe Ger.
thin, hg Rtys ttat he will 10 electel President
0f 1trit,l!DX ut tilv c''1n!nR ncctton
The company Il cnrninK cnuugh to meet nj
of ia liked chnrxes, even ut tho pEesrnt high
ruiu us lntercsr which It ts obliged tn pny. unt /
Is curtnin TINT but TOR tho Interforouce Of Mc'
Cnlttlout brothers s. Gu. ind tho Injunction "
sued by tilt court tlvtunl ut thu r,.te OF u pe
| crl,t Jer uslnutn cnutl hive bGrn paid TO til,
Stockholders ut tho end OF tho present yeAr.
Tile fnllt,wug Shows tho fluctuations of th'
active stocks: