, 1881-09-17
Serious Interruption Of Business
by Break In Wires.
Western Union Statement-F-
nances in Chicago.
Tho Produce Markets Loss Acliyo and Very
lrrcgutar--Proylsion Weak Early.
but Recovered lator.
ihtat md Torn Opened EasItr, but Turned Strongly
: Inward OIL Ntws pl Snow In tho Nest-
d Oats and RE PirnItr.
FINANCIAL.

Stocks wero duli. Quotations In Chicago were |
two honrs late, OIL account OF brcnk 1t. the |
wIrcs, utld during business hours tctcGrnphfo |
With Now York WIS almost on- |
trely interrupted. No news With reRnrd to tho
market WINS nbtn!unblo. anu there woro no nu-
swr,s to 30 Ind to orders or inquiries. TrAnsac.
tona wesc very 1ntsch reduced In volump by thls
ttclny. Thcro was nu marked change IN tho gen-
ernl featurcs Ut tho fnarket.
FruIn diNereut SOURCES cnno trustworthy re-.
ports uf an improving dumnnd for Investments.
Trade nnti manufactures uru slourshtng IT'S ncsrr
helUrr. tiusiness- men will hnvo nrgc profits to
Invest as the result OF the touson'a operations.
Some or thon, will put their money into sec'1r.
ttlcs and so,no into real estate. But 1t IS too
curly as Yet 10 torn MI opinion rs to whether
the demand for rcnl estato securities Is to 10
tho basis Of Mt nctivc speculation.
Consideration VI both tho Luke sh0rc and
MchIrun Central dtsldends hus been postponed
till Sept. =.
At tho c!oso stocks wcro steady anl dull.
MIR. j. Il. Fisher, of Chicago. tas hecn Giving
bis yows to tho Now York 0rdphfc. 1t unotcs
h!M M sayilig that tho experienced operators on
tnn 1ioArd If 1'rndo III this city arc ual short nf
tho grntn market, which bus becn ndrulIced hy
tho huylng 0f tho general public, who tnay DO
confidently expected u furnish II lbcrnl crop ut
Ian,t,s bctorc long. llcrcKars tho prices ruling
hcru rs cxtrusngantly high, although he Gull
cedes thnt the crl,ps aro materially short; and
hu fully capccts Ii severe rtaetl0n. General
business, hu states, Is gotl III tho West, but tho
prosperity 10 nowhere great enough to wArrant
tho present figures fur railroad atocks
The revival or business, the Philadelphia
I.t4gcr s,lys Ia the light nf the futurc md gives
brightness to Its outlook. Tho tllctnnttous frotn
day to duy nro not, huwcver, very Important,
tho changes, In lact. being so slight thnt It Is
hur1!y worth tho recording Ut them. as busl.
NESS 4uck1hH, nnd more money Is daily required
to exchange stocks mud coEnrntait1ea tho rato or
interest nntnrn!y ADVANCES alsd Rivcs to busl-
ness wholesome tono. Thcrv IL now nothing
more guserully desired In financial circles than
little more tirsnnrss tn tisnucc. business Is nl-
must Iuynrlntly best when money Ia generally
quoted at d per ccnt W1lcN II gets below thnt
fvtire II cehses to nttriCt tue necessary attch.
tion to business, and trndo naturally 1lHRs 1t Is
| now gr,urulty secn md felt that, beyond our
local nnrKct 4nd tho conditions prevailing here,
rates nf interest Arc tcultug higher pfotty much
| throughout thu world.
Rcl,ilng Is being bunght, nccordlng to street
| tnIk by Mr.. Vanderbilt. and Ills policy III The
\ cnn business will he unrestricted production. or
"wnr." Tho LacknWniNa direction Is said 10
| hn,U tho sutEu fdcM.
| Western Unious lntcsr statement continues to
| DO ahnrpIy criticised. 0nu un(AyDrnblu featuru
Ii ttat. whiln tho surplus Wis ustltnnted ut the
| previous quarterly nitetfng ~ bc $466,t10 on
july /, 1t actually proved M that ante to be only
sl.7,..5o. T'bs WIS due to MI i,ndcrAtatcInen. Of
s3l5,,tN In tue expenditures fUr reconstruction,
purchase Ut stuck, and patcnts." The 1teru1d
retssrutcs Its Ytatcniont TINT tho ''net revenues
wure swel!cti by snios OF securities.
Frut,cu IL beginning to feel tho dran at specie
tn this country. Goll cnin 10 disappearing fron
circulation In Fruncc, aud q Paris tlrn, which
latcIy received au order for 10,oN Napolcons
for van,l, hG,i Bn.ne difficulty In exeu1,ttrx It
Tho gold is still In the country, but tlccutlBo u