, 1881-03-01
BUSINESS.
Stocks Weak, Closing with a
Slight Rally.
Money at Premium Of 1-8, but
Closes at S.
Largo Country Orders for Cur
rency-Forcign Exchange.
The Produce Markets Mora Active and
Much Unaettled.
htl Advanced Early, but Fell Back, will Pro
visions Worry Weak.
ElNANCIAL.

stocks oprncd wc,lk, with nn especially marked
downward tendency III " csttrn Unlnli. This
WIS accompanied ny tho report that JutHc
litntchfurd hnl male urrpGt,nl tllo tnjnnct!on
against the iasup ut stnrk Under tho cusis'l!'its~
tlun. Tt,Gtc were bcllyy salcs uf Western Uhl.nt
nnt the price r.l,t a!uwM IL ttsi. hut II xulnc-
u,ent recovery carried II lmck TO l0Iis. Tho
movement ur Western uun, ntlectcd tho whs'le
mnrket. Tho street wRs very nervous about
tho Funding I'LL, md tho prospect TINT
It would pNss tii Its prcscnt shnpe
WIS ,,sc,t IA MI argument to ttcpresa
prices. WhntovGr Influences wern n',tlsbly Mt
work seemed tn In nKntnat higher prices, lily
Gau WIS declared tu be III trnlIhlc. onp NIL.
thOrity Ind 1t that he wns III position where he
could mt inuyet AuhM, 1t wnB sntd TINT HnNu
Ind litlnated Most If HIS stocks a"cy wns
Ut Ii prctuium or II uf per cct,t TIL near stle
cinse, ,yhc tho tntr wns put down to per eE'tt.
which, io.kctl u,ure like manipulation tt.nn tho
natural RCtlUn Ut tho i!nnnces+ uHnn lMC!t!G.
one Of tho 1n0st etnesp III ita recovery Hr shtur-
,lny. WIS weak yesterday. und sold 's"wn tr'tsa
1lB,3 10 IL, closing ut lt4ii. Another disturbing
eeucnt III tho NsRrtct wis thu announcement
that tho rcscrvc 1t thb Nrw York hanks wis
really flNp,0OD below thu cENl lfinlt, and not
sl,0oo0oO ubove, IA 1t had trcn unfin to seonl ly
II clerical crrar. ttlln,ors Ut rrf'lmbe freight
war OIL the trunk lines were alsO ,,scd to dcprcsB
the market.
Conservative nuthorItics inclnc TO tho op'nlnn
| that tho epullieuco which was tho ront ut Tho
bill movement has received severe shock,
t11At this 1nny l,e only temporary, nut init lis
Immediate effect will Gc very likely to bc scct In
| luwcr prices. Losses were very honvy in tho
| decline ur lust week. md this lnnF lt'lh 10 Il
ll'itk'atsot,s esitcMIy hHoR 'ao '.tee ,,I'''I ~
soillo NJ TUG iafEe Noo1s t"''t "uFe tanua rpI
cln' stocks Tor rlso. iHefu sees.ls ~ ~ !" MGGs
unanimous oehet tn"t "','''e3 ," ~ , s.u h"e'
prices tha' my set u'"ao stt w feAc'eu. ,,,
Thcre II IL 9Sou "e'' ~ polu. - ,,o., Wv n'o"
1tig from tno NOW ioFA 1't'e"e ii'a''e'"' Nv
clc Of stsMhs:
I9 ehlei at amnss 3my re"sU'' ~ t iu, ,ri,v I'VE ~
afn.rx whIri, hns ,.1,,r,,st sinca tho urw yrnr,
md which r,.ltu,uutet II wuuk nlst,, wsls tho
pros,nhc" Buccess of j nrr etnt unverr.
nut Mn nmh s,o comsee'ss t Y ,.s,,',t !" T.,
t's shm S ~ sts i,n 1ctin1, of ti,c Eemnt..
n ~ week n1st In rcnllris,i,,E Tho objectionable
t!fth section Of tic ltefuh,!tny bill
cnt,Bet shnrt eont,rnet.on M p'nx, !,
% nu!u ~, w. With rcamvt md ns,,ttrI tho
fE"airn nxrha,,Ygs mIl. lid business OF tho
wiGlu cn,iniry. In the nruntl1se there has t'rrn
.Rrnat chal'se III l'Mr nl'll''.a ~ ~ NY
~ ntu.:'a e. ',r ' 1n ,,rss1 inv
w, tt,.,lnY. nGcn,,sc OF Washington nssuracrs
thnt tim hill Will mt inss Co,!9rt'ss and hccuI0e
snw; utla tno su1set a,rs tmMsu :" ~ .ss r., ~. 4,
rMnx ~: Mun f',r .nsus ~, n,,nnIt ,rrtn t,,t
..i '.'.i.. ,.,n t,,,,,tn ~ anvil In ,Iunr In.