, 1881-05-19
BUSIN. .ESS.
Unusual Activity In Elevated
Stocks-Predictions of
Decline.
Trunk Lines Reported to Be
Cutting Kates-Wcstcrn
Union.
Tho Produce Markets Less Aotive-pro.
visions Dull, Except Lard, and
Unsettled.
D,taaslulTs rangs lIlgher-4l 'try Good Demand
DrtadsiuGs 1'ange lIlghcr-i 'ery Good Demand
for Spot What md Corn.
FINANCIAL.

E1NANClAL'
Tho Elevated atncks wnro the centre Of In.
threat. Manhattan sotd I'm fr,t,, 70 tn u. mid
,,,c, declined IL .; with I'm up,s,1ni volume OF
transactions. metropolitan soso from, sD1s to.th
md thot, ,troppcd h,ck TO ". Nrw York Els.
vultc,l was very Qulrt. Points wcro In eireula-
tjHn to by Manhattan md tho ut}or Elevated
kt,,cks, hut It Ii believed nnuthcr ptfost mny he
adu to stcprrss ttlon, l,cforo settling thoIr lIf.
ncultics, Thu promised opposition Or tho nh.
derbtI. underground rua.i cuts t,o nKstro III tho
.nnrkct. an so long II tmo must olnpso bofuru
tho rultl is t,nncci shrn,igl tho hard
rock under Now York City. StjO hy
sIste with the points to hny tho Elcvatcls were
circulating predictions TINT New York Elevated
md Metropolitan ya, Rcc much lower prices
this wcck. llny Il Field suy In their cisculnr:
Tho attorneys for Miller, holder Of sumc Of tho
tlrHt iinrtEaEcs o!i New York EIer4lgt!, tne fnr-
a a", ~ ~ o svM pws ~ ~. IT. F.
tha Conpnny frt,n tsstrh I'M. ii,o nrutit Mn,ons
tile stncktoldcrso,l tho ground thnt these profits
lrc lnorfHAxtl TO secure thD b1n!!s. This IS
nrnpao,y III eMoft on tho para q @ tna oenfs 70
tutcl iint,i ,lfa,1lt II, t,ovT}cnt III intsrcst On
l,onds has bcell tnalc. As Yet thcro 10 no such
slGfn'ilt.
The Hnrld sRys:
Mr. Cyrus ". Field h1s had Rnmo nterviowe
W Wnn tnn Ieopie VI me new hnIR CouipMtty' nNn
tS,n,M,,v ,n",I,' ,,nGn tha Wmnh"++rn ft,r IL
shnrc OF tho taxes Tint bud been levied, IhIs
md nnthinI as vi been ,ons' o '"'eo "s''
Nrw ynrts f,cnirn1 IA le1np slcodI,v bo,,oht far
Irvcatr,cnr
i uool in Io,o sborc. ho,,rnp m nm storcs Ia
sa}d In hnre ,,.,n rorm.,i ~ W,orfshocfyor and
NJ, ct1,.nnon or inn nrIut. Ie nrn,1I,,n,, ~ tno
I'LL aufaace ot tch points Is Prealctca. uh mo
nthcr hantl, CONSERVATIVES" express thclr uts'
trust Of tho way 10th those stocks are netting.
q s;s, ss,s;ss,'ss ,a t,.,ns M ,,.r,,n, ,n
aowi,,r tlu,,rcs II, ,,rovo Tho tcterronh business
was never 80 ,arsu ,.s now. nut tito litigation
Hua!ust the Company sannut now be decided hc-
foro full, and President 0rcon, report says. has
"pcddlcd ont hls stosS, and advised h's friends
opcd,lle likewise.
vanderbilt bus boon ntbitratlng between the
Ponhsyl ylvanla ltoad mud tho G., g. y I.C> Heforo
sa'ling Tor Europo NJ handed III sensed decIs'
lon. which whs favorable to tho G" G. 1.C. iio
recommends pnyinR oil tho C., c. |. C. Income
bonds, antf favors that Compnny In other points.
,s ro. Sc so YESTERDAY
1t Is lcnacd to tho Illinois Central until luo7 ut
sl,d00 por milo aa minimum mud II contingent
Of rs per cent OF gross earnings from q, ,5u0 to
$500 per mIlo ard OF 90 por cent Of my excess
over ST, 600 d milo.
A stArt1 rIso IN Ontarlo e Wnaforn II nm of
street: Its connection With the Lackawnnua
day, is the eauso for tho promised na-
vAucG. Warnings hnve been given by
,hoso who ought to know that this con-
strLceon will be damage instead OF a bonott,
rs tho Ontnro Il Western will bc saldled with
tho now concern Mt an extravagant Dgurct
profitable only to tho lnsl'lers In tho tho ring.
rroAldont 1tddlo, David Dows md two other
Directors Of tho Rock Island Rr0 said to oppose
u"ts' Aoo- III 'oe1oASo VI 's9 o's'os"u ~ FoI
cent.
'ton 1Aoun1ta'H ""o 'oao'uE ~ 4-Ao' auu Wus
scarce.