, 1881-08-27

sonsl character insure him success In Ills now
fcld.
1,y TELEGnAPN.
NEW yonx.
Special Ditpdteh 10 The Chicago Tribune.
NEW Ynnx, AuH a6-The speculation on tho !
Stock Exchange presented but fow features Of /
luterc6t to.dny. Tho tnnrkot except Mt inter-
walls, was dull. aud were it tlot for tho purahasca
mMo to cover outstanding short contracts tho
volume Of blsluuss would hive icon quito stanll. |
Tho tact that tho Continental IsRnk. as well |
as tho Hank lot England. havo advanced thelF |
rates ct discount with tho Wow Of ehecklnR tho (
How Of gold to this country, constitutes ttcsh
obstacle to nm appreciation In vaf,tcs. fs IT 10
very likely 10 materially diminish tho imports
OF apocle. and THUS rcstrtct tho amount Of
capital available fur loaus. At tho opening Of
business to-day prices showed q decline RING lng
frou1 u to . per cent, the lattcr In Nashville s
Chattanooga, hut III tho catly. dealings an nd
vnnco of 4 to II pur cent waA
recorded, New York >EIovated, llllnos
CantraI, Union Pacific, Northern IN
cIac rreforrcd, Michigan Central, Delaware,
IMcknwauua 4 Western, Now. Jersey Central.
and Denver s. Rio Grn1ldu buiug most prominent
III tho Improvement Tho higher rangc Of uuo-
tattuns was nat maintained long. and at tho
FIrst I3unrtl reaction Ut Il to TX per cont took
place, which was most marked III 1letto-
politan Elevated, Union raclac, mud 1toaslln9.
During tho afternoon tho speculation wns In.
notlvc, and tho tualings wcro characterized by
nm ,,nsottIcl touc, Toward tho close, however,
sumo Of tho shorts undertook to cover thoir
contrncts, und. under tho influence OF their
purchases, a rise tntk pIico. tho
tinnl snlcs showing M advance Of Il to
" ppr cent from tho lowest prices OF tho n,orn-
INK. Tho shnrcs most prominent In tho improves
mont wcrc Cleveland. Columbus. Clnolnnntl =
indianapolis, nock Island, uonvcr & Islo Orlndc.
as en" sopsesn ssasr rasaa s psserrsa Ss Ka1sas
&; Texas, western Untou, nnd Now
1ur,ov Central, Hannibal s, St. Joseph
.rfetefrca was no.ao'y weak l,,s "ur.ns os eao
grentcF poruon OF tho aoy, ma aeelaea NV
but a a1Sea a. regossry o, l torv ,oay
Notwithstanding that # seems 10 bo very gc,,or.
aiiy Hyt believed that thu bauk reserves nre much
tho ,Sno' business a @ in W." emil loans on pledso
Of stock collateral was elected at sou por cent,
us law rs ho ne sno @ oo,o
hn,,S ,,c"lera snnnilo.j thetr roouIrc,npnts 1T
,,,+ onou %aI Ttnaa laws ,s.'ro ,o,, ~ Ian
according to tho dato Of maturity and tho
collateral. In tho discount mnrkct prime
Tho storin.g excl,anso market was weak for
slxty-day bills which wero marked down Mc, to
| ,onJorov nr tho r,rn1n, nnI font,nrurnI ,nonov
.s,ea.s naa,.,,s a1o..,,,,. ,s1u u,"n;1v a. tsi
\ markets.. uomahu hterl'i8 "aa stsauy " 4os'
Railroad mortgages werc In light reQucat aud
| wcrc 6enerully weak aud lower. Kansas PAc'ilo
oo,sns dcttrct1 fro, t.ft tt, 1n7 and n,ttct IN
cuAao7 uoo'nc" iao io.;A :" 4''' asA4 s'st'.eu "
| 107I. st. LQ1ts s. Snn FrDnClSc0 sGCOud4 tclnss
M rccctlcd fran, lasx to 03 md recoyerufl tn N}lf
AeScueu 4to 'oH ~ oo+ w." A1~"s ~ w ~ D"1%
Texas Tuosto lano.KrNnt incomes 1Gll OIL from
| Thts to Is, and sold up to T5x; do f1rAta
| iilIf, (3rnttflG nIvia[Dn1 s,tn down frUtu
IsH IN IL iIns,cr ifnrtfnr.1 I. Erio rsts an,a ~
sA7s ~ W. Aus.ou .1t tsCtH - Gttu " opt ~
GB. Chgsaptnko y ONO bs tC!nss ~ declthea
1rotn HNs4 TO bI. do currency ID ffOtn h5l 10 %.
Denver u lilo GrQuQG construction Is from IllM
Ia lin Ilnnyrr South pRrk Sc paclto
; iirsts from 1V7 To lD1, Indiana, n1oonl-
iuKtou & Western tlrsts from n! To VI,
| Lo,jaytllp and Nashville cousula from LIZ TO
1s,X. Louisville, Now Albany s. ChtcaKo tirsts