, 1881-10-06
BUSINESS.
Stocks Active. and Depressed,
Closing Very Weak.
Money Advances to Ob Per. Cont,
and Hard to Get.
Foreign Exchange Demoralize'l-Fi*
nances in Chicago.
The rredutt Markets atIi'c, and igain Lower
traln Declined, with Small Longs
lltafIling.
prnVtst nns Verv Waak--A f;rea{ Deal uf Prod.
Provisions Very Woak-A Great Deal of Prod.
ucs on Sale, with Lille Demand.


IIff1fy stUCk lniltttpH1HIl0H5 were SWNluNcH Hr
Il, tue inpl,py question. This WIS tho niHn md
market. Hates Of interest In Wall street at-
yallccu tU q, lGr cent. Money was reported 10
ba hard to vet eycn At TINT price. anu whit
opurAturs WINS tl0t tho rates hIt tic
supply. x temporary rally ncuurrc'i dirinE tho
Nfttrno0n mid aoluc Of tho brnrs covered in,
expecting ttlMt Hrent dcnl "f nlohcy would lIu
offered IN tho street TT law ratcs toward
tho close. Hut this dId nut happcn. ana
1T tho elusc tho market wns almost pancky. It
Is said that Mr. nou1 Is lucklig moncy up and
us much as this runs counter to what nre sut'-
posed 10 be Mr. Qu1,li'a present nrteest!es tho
source Of the information II better tt,.ln ortt-
nary xt,sslp. New fork ulsputehcs stats thut
large blocks Of stocks cnne out to sntisfy tho
demands Of the bears, and thnt Mr. Gould was
r. ttlEx Uneasy.
There was some buying Of stocks for invest
me.t. Mt tho decline, but not much Significance
cnn 1c nscriboI to this, as nowadays bears sell
short for Investment.
New York bunk Presidents nre reported tu be
scr1tttniz!ng hAnk luans with unusual cnrp.
Some af tho city banks cnllcd In nl tholr "nll
street Ionl1S OH Saturday, aud among tho cont-
erals being discarded by somo lenders Is Denver
& lllO Gratlde stock,
Jay Guuld's broker tlontps tho truth Of tho
story that his prlnc!pnl Ind borrowed $l,0l0,WD
of Bfxty-tlay exchnnRp Oh tue pledge Of stuck
securities and aofd 1t akain lit tho open market
In order 10 rt!so tho money. The broker says:
"Evcry broker In Wall street knows tint Mr..
Gould Inns hccn .oaninK Immense sums Of money,
nut nIy during the 1ase thirty Or sixty days, but
for three years. flu slocs not need to borrow.
This story Is being circnlntcd by II ,ngn VIM is
,lnqucsuonab1y III the pay OF Sir. keeuo, aild 1t
Ia beng DOM out OF personal spite. Mt. Gould
has moro than <l0,00U.UO0 nut tn Wall street.
Yuu cnn tnko bets on that nnd win right Mong."
What the atockholders OF tho wnrrfng rail-
roAds aro losing ls hrlnE Gnfncd by the mcr.
cnants Of tho Enss. Tho low fares and freight
riltcs have attracted to Now York great rnauy
Interior merchants, who otherwise would hHre
mutta thglf purchases, US usual, at 1t. ld1uts.
ChlcAgo, or Cincinnati. The result OF this is
TINT In New York the 11bblng brunch Ut evcry
trnle has not been 50 good for many years as
during tho lust few months.
Mr.. Vanderbilt Is reported to be arcumulnttnR
evidence from the largest receivers Of grain ut
tho Now York Produce Exchange to chow TINT
tho l!altluluru s Ohio mate Il heavy cut otl
through freight last spring and sn!nmcr* IL
slch II charge could te proycA 10 be trne, MIR.
Vanderbilt has tuade up his tnlntl. It Is Rld to
refl,ss 10 entertain my further negotiations
With tho Presidents Of tho other trunk lines.
Many Of tho holders OF New rork Central mud
Lnke Shore have taken ibis view, md arn selling
sioux.
Ono OF tho most important results OF tho
shortage nf tho cropa will be In cutting down
tho gran rrc!ynts Of tlo r,ilronds, Only ra,esses
hayH boon 1nM1D 70 fnr rs to whit this loss Ut
business would be. The tlrAt attempt to ret cx.
act and statistical Information on tho subject
has been made by ". r. ltAker s. Co.. If this
city. Thoy hAye begun tho investigation Ut the
prospective cnrnlngs ut tho principal railroads
of tho Western grain belt Ihe Ilrst Of thoir re.
porta-thare IL 10 be series of them-disciisscs
tho shortage Of the corn crop of tho Illinois
Central. and fts prohable effect OIL tbs future
cummings OF that roal. Thoy sny:
OF tho leu niles operated by this company
sis M nT ,:4 per eght, Mto ~ mo nti5e 81 utmost
.FT,aa ~ ~ H. ssa rnr " fs, VIZ,
lp tills Stutc,
With Tho exception Of coal, corn affords 10
this rontl mueh MrKor tailn!lKn thnn my Other
.n @ ~ "1 ~ t,is ns & o. KIT F. eE!t ~ 49,. ~
Stu,e NJ lIl!t,niss ~ $'''' 'o3 ~ "a '''
We hayo therefore tnltcn cnre to secure the
Following accurate rGpurts from Stations OH thu
nas o ~, to m ,t"s s Earsa ~ amo ny ni ~
Tia cr,n Hv tlrt,;th. Th1, ni,nuni rs,~'ria md
financial statements OF this coupa,,y shnw tint
tho years fulnwlnK 'o.aolant corn haryeats
m,' m%se .,i ntnn aT9eiy "cllc!e't III earn!hss
nnI sn"thn5r i]llnais wt,tit thn IlIIn,is g,.1,.
tr,l espGciutlY serves, uyut IT p,tril,i, c,sta a
decrease IN tho production 0f cattle aud hogs.
alo II thg aolll1S o1 tAo inttaoFa y nsy Eenefal
"m" w,s ]cna,nnt ~ r'a.s ri hcn~v ~ it,s T.,
llLnols Central fell from V,775iN bn LII lHiD to
n.S!!.plo "! ~ iS.!: asu tt'a Krtss ehrninxS nt
,sts s ~ -; ~ I ,r"s u H. ~ IT, mss
nther fnror,,a n;rcut,,stm',srs. Thu iirst e,f.ct
Of nrt!at failure Of tho crup wls M l1icrclls.i
Ahllent NJ corn N tho lust mouths 6t le'1. anu
rMa iamg ~! y 0ni}tneais '1 VI @ aM sasnnGs WV M
t"nrnt"II iftcr nvorv tIctccpf inrSrst. The M r..
suit III tonnaue md ear,tit,Ks will only appear In
tho yenr Following tho failure OF tue crs'p.
Tho repnrt thon Rlves. f'y conntlrs, tho amount
or old cnrn IN crlb to Yield III ls 41lsl tho t!n-
ago by trostlh III l8sl. In Southern llnola two
/ c0untfcs report G',U0 III of old corn IN crib;
thlrty.oo rcpnrt nntlc; utie reports very little.
as to iainaEg from 4routh, Twenty. tlrce uositl-
ties report corn MI onf'ro tu't'ro; thrce 70.
port corn badly dailsaSa'l; SIX report corn
[ tlH''ihRed ff0fsa ~ To " per eatie,
~ Northern Illinois. th!rty'hne counties report
as',uNI bl OF oil! corn III crib; seven report vcry
little old corn III crib; two report uit- -tlIrsl uf
old trnn n hand. nn4 reth1rts ttllt,- IN tf r1
orou ~, nnr,. thIrtno, rnunrt ,,nno tr., ,,,,,,
.'ut '. w "aAu' ~. l,. 'so" ''I' wv CUM
les repurt M 'laflaRe 10 c0rIi ~ 'rolths seven
report damage very slight; I'VE report purl
| tntluunl bhlIly: atxtcen rr,,pri corn ,tnInntu,
r,.,,,, IN IN ~ ,,or ,,.nt ,.ynntYst stx rn,. ..
| '. w " ~ ~, e.'.' s"'"! Ella 'IFe'' W. :
| dathRKel from ~ 10 4u per Pcf!t'
III Cuntrai Illinois, lbirty.titlA cGl,ntcs rcpur1
| GAUtO bl Of pttl corn in crib: f,,o rrnurta nnc.
oI,,l,t h ~ .1l arms, ot nrq, MN ro,,.., II, :, =,