, 1881-01-27
BUSINESS.
Stocks Open Quiet, but Close
Active and Strong.
A Notable Advance in Bur|ing-
ton, and Some Related
a. Stocks.
Light Currency AIOveincnt-Enr-
ctgn Exelsange-LUcal
Finances,
Tho Produce Markets Moro Active, aud
Generally Firmer-Wheat in Bet
ter Demand.
Decided Strength in Hogs and Provis-
ions-Lard Buoyant.


After Gulot opcnll,s stocks grew actsra md
et,s,,lv md elosc firm.
Tho special feature WINS thc:r!sc Ut points Il,
Huntington, accompanied by TN apwnrf tnove-
H,cnt IN srvcral nf tbc cheap stocks, which hive
tatc'y been mrntunrti III eot.l!rction with it.
t.ako Erie Wcstcr'l ativancc's ~. peor!n, he
rntur T. ErnnstEIIe M. l1hio CentraI 1, and On.
turin 4 Western :. ItAis reported that
tho burlington & Quincy hHs been sccur.
,,fg the control Of these rnatls, md
TINT tho stock tltvidcntl, which, nc-
rort!nR to their legal ntlvisnr, i,nnnut no rlac
III tic present stock.wl bo uel,Iovch l,y dividing
tllcsc new stueka t' ,t.nol,E tho owncts of ltlr-
ItnNaonX Quincy.
Conl stocks were steady, with espec!At strength
In Jersey Ccntrul, which mule t, tuH!4.
Thrrc wlls less thnn tho tlAuni allowance of ri,-
Nlbty. New York did not forward ita daily tl,ittn
of ,nntc atlvlcca. Michiuan Cc,,trnl .nac II, tn
tu i%'l:: Erie Ii, to h0,s: Eric preferred II. to
mil; Wnlmsh preferred =. to BOZ; Ohio IL, to
i4: St. oe ii, tn Ill; tho preferred Ii, TO lUHs1;
pucstlc Mall III, to E!i; lro aonn.ain !. to 8l,t;
Omnha ~, tod 4aIs: the preferred II. to Ws4t.
Northwest preferred Lost ], to llf:; and Anerl-
can Union |, to T.. AL tho other chnnscs wuru
fractional.
III ruvlewing tho course or tito stock market
last week, tho .tmcrfcnn Erfhdnvc says that, nl-
though the advance III many stocks wus c,.ur-
NOUS for the week. from tho prevailing fccng
Ol tA0 ellPEt II nlHHL UG 1ANRtu kHAt lUCTC NH1
still higher top" tu ltD rcaehCa. IL, long III
people will buy stutkt--whcther speculative or
0te rwiso IL inlmHtrrlRl-pr1cek must Ho u. but
1t docs nut Itctt other lhun tile HnyinrlrX n,al
10 plainly read tho lcssulls OF WMll streets ust:
that tho t.ino must surpty cpinp when thu t!r"
np1nl will be cxccc'lcd BY tho supply. The spec
Nlntive tscs how htpcnr tn be clCnt, hut dltly he
VIM has pail for tho stocks he hol'Eht will fca
comfortable should Il Sudden atnrnt ttArkcn hlt
thut which How IL light aud lovsliness. \ nn-
tlccnb!o fcnturc of lust weeks market WIS tho
Increased uGttyity nf tho fuw- priced shHrCs, and
theEr handsome appreciation III l',ict,.
Accnruug u tho G,ull,it, thu nr,ny Ur sold
p1,t bulls III Wall streGt hus recently been rcin-
forced, Il Is xntd, by Messrs. Travr,x, Worri-
shoilcr nnd Opily1;c. SulnH Uf tho "outS" begin
III talk OF II t'cnr rh On the market. ind otllbrs
nru huyin2 puts !Nrgely ln anticipation Of tho
rcnctlon which they think Il nov pretty near nj
halll.
I.,.pknwnnnu Is pulntel for IiU. IT Is stated
that this Company Is uuNttlyc!y carll1,Y . rrr
cont lnouthly upon itS stock, anil whUn Tho lust
dividend wRs ileclurctt It had cash OIL hand uyer
Tint payment uf $1,!Oo,n0, which s equal to 1
per cent 0n tho cAptnl. Coal Is l'ecOnllig very
scarco III Central nnA Western New York. and
lhc prices nrt anl tn 10 up 10 $7.0OIa,00 per ton,
4 Philadelphia view uf the present spcctllN-
t!on Is given III cIrcl,lnr Issued last week by
nrn Df tho stnck-br0ker ttrms Of TINT rtty. They
think II IN pinin that 1T most enses tho rlan IL
simply TIM result W excited anticipation Of tho
continuance nr tho l.lli movement los1 euy1lgh
To afford profit u tt,so who 70 In Drcst Ut tho
high prices now current. 1t Is beyond question
that stocks ara renchng dangerous hshts, not
warranted, except lit DllG Ut tWD tnsnilecA, by
thy inGOlhu derived from thot,l.
The ctial trade Is reported lly tito Philadelphia
totuvr to hn III II hrntby aMl satisfactory COLI
.lltinn. Thu lcnand for nearly all s!zca IL ,.t,tE,