, 1881-01-29
WALL STREET..
! DECHEAsE IN BUSINESS AND AMI uH
SETTLED TOME.

9ETTI4ED TONE,
Special Dispateh to Ine Chicago Tribune,
New foRK, Jan. 2s.-On tho Stock Ex-
change there was lnrge decrease In tho
volume OF business, and tho speculation WIS
to some extent characterized BY Nh unsettled
tone. Tho Impression scans tn prevail In
many quarters that most Ut the leading on
orators l,aye succeeded III unloading their
stocks, and there appears to DO grcnt unccr-
tainty rs to the futurt course Of tho market.
at nil events, tho oatlngs to-day wcre much
less animated thnn of late, although the
transactions wcro vol distributed through
ont tho ontiro list In tho minority Of In
stancus tho opening prices showed m adj
vnnce OIL yesterdays closing quotations, but
Lake Eric Il Western was a notable exce1-
tiou, and
AlIoWED A DECLINE
OF ~ per cent, which wns supplemented by
q further reaction Of II per cent. before tue
first boar.l m advance Of ~ 10 , per cent
was recorded, tho latter In Lake Erie d.
Western. Which was followed BY reaction
Of 4 to ~ per cent. During tic afternoon
frequent changes TT prices took place, the
market now flrm md again depressed; tho
fluctuations, however, being confined within
a yory narrow range. In tho
late dealings rather firm tono
prevailed and the highest figures
Of the LAY were touched, tho Improvement
from the lowest point ranging from Il to ~,
pur cent, The latter III Denver & Rio Grant!c,
Lake Eric & Western. tho telegraph stocks,
and Union Pacific being also conspicuous III
tho advance. In tho final sales fractional
reaction took place.
TUE MONEY MA,sKEr
was fairly active, but worked very smoothly
eral ratU for call loans on pledge OF
stock collateral, and at the closo tho
quotations wcro 4G5 per cent Lon,ls
were effected OF Government bon.!s ut 3Get
per cent Tino toans wure eastor, being
quoted nt :,,1Gf41f pur cent, according to tho
collateral md tl,e longth of time. III the dis
count nlnrkct prime mercantile pnper ruled
ut it5t95$ per cent lii tllo sterling oxcllnngo
market q firm tone prevailed, ard tlIoso
bnnkers who adhere 10 this old system of
qu9}satlons 1f{c. to 4s35 for slxty-tlay bills
aid d3 for doniand. 'F}tnsu who have adopt
CT tle llew method Of quotations cul,.
4sse1ely ius ey FffS Ta s1nRe sss cd At M X and
Slxty-lay bills, 4SlGtBl1l; demand, iSt@
dI aIa i,,Is ea1ls Ins t5ans{efs 5sSs; eoa'sF,
aud Continental hills must Adynrce to much
higllor figures tl,aii are at present current
RAILROAD M0lsrdAuEB
woro act!ye but Irregular. Erlu consolidated
SccDIds tiuctuatGtl setWeen l0l and l0l15, aud
SSS1 & 9 a fSnS Y d g rna. 1ys"es 1lt rS .
clinod from ia IL, ll:34, aud advanced to
ll4A; to construction tis rsIsa fr0nl 1laiI Il,
il3l4, n!ld IcAclct to ll3: lntllann, Dl0oning-
1 Y ,,,', estT5n sat; is1eS sSpg fol- 81 fro 70 70
rosU fran 1taf< tu ll3: In sgcnnJs nif-
yanccl from 10 to 1pl{, and closcl ut 7sT;
l1;fnyette: la; Bloan!lrSton ~ 4 Manele ineoes
comes fsll oE .froin u to f01%{, a,ul recovered
to 10; Alobite& Ohio scc0l,,l t.nl,cntures III
ellned from S9h( to 5lsi: au.t ra!lie!l 10 5sl{:
Metropolitan Elevated tirsts rnse from l0i5x
iinulu seGoilds preferred ~ advanced fratn
~ IL IT,, to llsH; 0hcsnpeake 4 oI1!o currency
" @ from q T. ~; l!1uston 4 faxas {mnfn
40 Sgconh tnconIcs fToln G'5 to ~: AltlMe-
gon Saylgatlon ,Irsts frum l07 IL l0714 Texas
ofs & 4sts %v oE Et! U1as '1SISS1 pISis5a' i,9 9
lol; Central rnc!flo flrsts {CalforNla Il
Wabns!' ti5sts {St Louis n!y!slo,,l fron'
Hartford u Ert9 tt!sts fell otf from la95 IL tl,
GSssapeako nk,o u Is tcass .'h9u IL ,lceI.nsi u e
from y to wi; Columbus, CA!eaRn & ln-
diana Central liIcalnex frnill 7Jj< to 1B; III
teEllntlo1lal u Great Northern >i'rsts frult,
| l0o]4 TO tV9: Iron Mountain lrstH frUus lsO to
10 liH15: Northwestern gold coupons from
lM to l25a; allf Central lnc,liIles from
| M9S to W: re0rla, DECATUR It Evansville
illrni1icH fTnna ~ to I'll tt. 1'MNl ttrstx Ii, &
| y. Extenstnnl from i:s5Yt tn 1as; and Unoll
!,acItlc 1tFsts from ll41f 10 III. At the New
| 49, MINING EXCHANGE
this morning OIL thu first call there WIS a
slight tleelinb III prices ut HILL Domingo,
Chrysnl!te, Gold Strips, lluktlI, Little Pills.
burg Mn0se. Rising Sun, md Silver ElktE,
nn1 u few celith atlyA1lco III Spring Valley.
FAILURE
or JOHN MAXWELL, Tll: nLuE-sToNE or
E!sATO1k
spstt1 Dtspat<h to 7As Chicago Tribune,
NEw lOfK, Jan. :ss.-trlle .talura ut John
Maxwell. tie largest operator III bluestonu
In tilt country, Is announced. lle has Offices
ut NJ. SH broadway, ut Philadelphia, at
Maldel., Albany, Newburg, uiul Rs,ches.
ter. al,u represented two-th!r4s OF tho entire
bluestone interest Of! the country l.rad,
sttoet'a received q telegram this afternoon,
from SauEHrtle8 N. Y, atattnr thnf In. !, If, Il