, 1881-01-26
BUSINESS.
Stocks Feverish Till the Close,
Which Was Strong.
New York Rumors Of Powerful
Bear Party.
Money Market I;asfcr-Light Cur
rency Movement.
The Produce Markets. Rather stoadior-Pro-
visions Quiet but Firm.
Breadstuf|s More Active, and Quilo Strong,
Alter Early Weakness.


SrOctS 0jEnCN WCNkt ntlN continued 10 iltlE*
tuatc fevcrIshty Till ncnr tho close, when every.
thing was tl,nrkctl IN. mud tho market cl.,scd
sfrong. hutnnrs wrr. circulated from New
York TINT poworfut lrns party ind hrcn
Formed to dcprcsH prices. .rhls news Inns vnfnc
III Acverl different alApcs, hut. Of cuilrsc. Chit
he verified only l,y results. ChleaHa cSlr-
rte,cc With New York points llas l,tcn ss,c,i III
tho Fnst TINT our operators nre lscit,,e mnrc to
buy thnn 10 sell nIt such statements. lit this
casc t,rnr movement In Nrw York would !e
oHly cMrryinR out tho Views or conservative ,ntn
MI over the country Win think tho present.
rise t,us been too rtpl. lllt there Nrn virtually
1in operators who do not luok fur still higher
PRICES iii tho end. Those who tAlk strongest
'nbDl,t stUclSs hcino too high urc tiipsc WIN nre
N,uat RtxEot,s 10 buy them 1T snnle concession
'flIEs conviction OIL tho rart III capitalists that
raironl rrnrcr,y Is u R,od Investment ftr It's
prospective earnings IN tho rn'nlng ycars IN tho
tnnin obstacle III tho why 0r great brcuk. One
theory about tho prolabtc cn,1,s0 of tho market
II tilnt prices will be put down gradually
with good rn'cs, and without sl,urp
breaks. In this way outsiders will
BIZ kept ont, those who Nrc III will be tunl1c
slckcr AMI sic!tcr. md Investors who seldom buy
M n trolinlng market Will lie held ut Artn's
length till tho c!!Fucs hnvc t,Mthorcd III n tho
st0cks they want, This thcory n repeated only
ns nm interesting specimen OF tho way III which
those Interested III stocks nttc1npt 10 unrnvpl
the mysteries nf tliu future.
IT wns noticeable In yesterdays mnr1sct that
.ne orst ~, ra'1les were M,ac W .no Stscks % "a
WHICH t1efe wAs eo'stcF"o'c snort l1efest,
nna TINT thosc in which there were few shorts
tlitl not shnw much rccnrcry.
The Go1ll stocks were sharrly rallied on every
.incllne Iho pDOl III .lcra1y Central fs credited
win having itchhscu ~ III 1ae 'ast tSo d"ys.
Following nrc aolue Interesting vipws nbort
t''o s1'c" H'nshet run utln VI lug Ne" aorR
correspondents " LAY q f4sa:
W. nte Rn,G thtoVHm nu cTGriencc Inc ilKo
,,in,t, II, tho M.rss, ,m,ni,! ~ AMrs, iHI
Ii"n Il wns rrc,ni,nrks. Thr cry wns' ..l'ut
y"ar @ ,nanrS 70 W. III" !ythIns tut psy: ,!ivIdcus
e s".ss' nnti fhe k"y In itn arv,,,i,,,ut nf u,r
si9ai IN IL ..;r nnMnrni hisfor% "htr ,n,,st ~,
rvNcnsj ,y iii civiIIs'ui gn.nirirs. U,ptni, tic
older d eus'1,.ry xr.'w*; M,,si Ie sali.iIsI wiil
,.s I,rr UTE cnn ~. ;nn,r Mt nar Il stne
wHs1. p.ys ' per cc,,t Is wGrtl, IN tre,niIn'.
/" sai.,s pnint ,is pcr c:ut On It'll iHls Sais Il
soI,Mt nrr sc.it stt~k ol,gi,t to bris,R H.Ns:M.
1 cn't ssc y .n!s 'r'nsHt hvi1s ,!,v o"!,
MN. v,rk s"ntrni' iukr st,nrc fsirht,.n,,
i!sntra, Hor,hwrs,"r,,, 81. iuui IND thn rsst.
,siS % Y Il w. mn. IN. .frc In " rt1 tuwn4,
~ s @ t.",,0 ,,,i ~ t"un th. ,,,, f,,,m III. s,,or
ia ia ttrs M sh,"tx ,bm snc'nt,x wi,1 hi I'm
hlIrlirn TN hcuyy 'Iha rtny bn III II it,nutt or
yeAs. As It Ii Mi experience nnlc Of us have Ind
before. 1t Is intsty !! NATTER OK Kaspss wors.
Accns1ll'lg IL tue New l0rk iifTda', mo Isna'i-
cal altuhslo1it 10 tI'ose VINO shiA loe Ha'tero't,
~ mArhcd by fewer elefhchtsu VI danger thnn
nppenr to the sul'erlc'nl view. The rrn! sheet
anGhnr of safety IS to E'c found ~ Tho slisttl'-
tlai crensc or wcn1eh 1T honIe n1' Inc r'.'natlt'
| Ht'n absorption OF our securities NY t"rcEh
capitalists. ...... ..,, ..
Tie wall street correspondent OF rue 1'nston
C1httnfit'n Hlcs" nus fhe fnlst'~ln;' rgfllarks;
a grn1!tl crasn th'twcet now nnd Arrll ,s pro-
n,. ,s ~ 'ne ,r,x u ss ~ ~ mu , t,,l,.
tnns 'nay e III wio,lm, il wo..j,i j." sts,,,rU If
tprt sht1tl not t, ere l0t,g. nnastl md ptitlcs
NV NV '. '' IL" i'm mn y,t c,,in,s, iI:r nn.