, 1881-08-19

Rrtela, Dtspaleh TO 1hs Ch4eapo Tribune
New YORw, Aug. 1S.-On the Sioux ExchanEo
tho speculation wAs characterized hy Cosi-
siderable activity, nnd there was II larae
Incrcnsc IN tho vol.snlo OF business. Tho
dealings, however. wero extremely wcnk lii
tone, and tho days transactions Resulted
In u ,tlMterR depreciation III values. Tho
fntt that both thn whGnt nnd corn crops
will fnll fur short Ut tho ylc1 fur tho nst two
wears sc1t,s to 10 tho n,Aln causn of tho do.
preston. for tho atlrices rcunrduH tho prcsf.
dents condition are decidedly more cncourhg-
Ing. Tho prospective decreaso IN rnil-
rnnl earnings IN tho movement Of
tho craps nppenrs 10 bo ut t4p
present moHicnt tlfo paramount consolidation
IN tho current speculation. Hut The hardening
tendency Or tho money tnnrkat rcI,tlers valuable
assistance to ttte boars IN thelr rlrurs to lcpress
prices, for tho lr.tn nf money to tho, WtSt
10 carry Tho crlJsts hla ITO s0lnD extent
crIpp1ul tho resaurces Ut the lmnks.
No thAt o-tlAy money culn,Aandg'i II hIgt, preill-
I'm. Tile ltrgo csImnElnn III toans which hns
takun p!ncc Within tho yrnr has heavily tl'xea
tho hnt,k reserve, m that tho surplus Is nav
bnrnly S..,Ul00W. At tho opcnlnls Ut l't1slhcss
1tnny Of tho leu.!tnE stocks were rctlun higher
tAan ut tho etoso yesterday, and IN thu curly
dealings Il Tow shnres recorded MI advance,
notably Dcnter & 1llD firarde which rose III
Iler cunt. The speculation, however. soos, b..
ca,no weak, nnd uiilor n hoAyy pressure to Gull
tho ehtIrH list felt utf sharply. but snli.
setlucntly recovered frnatIon. Tic advance
was ,nerGiy Temporary, nld An1cr frvo offerings
the market ,tgutn tof,k downward turn. Prices
continued TO Ircuat stGHuy throughout tho
Afternoon until nfter thu Secoal ltoarl, when
TIM lowest figures Ut tho lay wero touched, ind!-
n.la, bloomington 4 Weatorn showing q de-
cltno sf NJ, nonyer + Rio Graudu AZ,
Nashville Il ChnttanuoRa !. Texas racdc aud
MIssns1rt pacilo 9acl, !. liannshal &: tt. Joseph
common II. N0rthurll raa1tlo preferred .af,
81. IMut ri, Kausts !; Texas md Dclrwaro sE
Hudson elch e{, tho retnatn{ler Of tho list s to
= per cont Toward tho e!oso tho pressure to
Bel eatna loss pronounccd and tlla tnal salca
wcro ut II socovery nf Ii to IL per cont fur tho
general lIat, tho lnttor III Denver & lilo 1rHnde,
while lndlnn,, Bloomington, s. Western rallied
~. Atnu,R tho miscellaneous silRres pnllr,usI
rnlnco Cur was conspicuous fur u decline Of 3I
on tho transactions Ut the tlay.
Tho nancy market ws characterized by In,
creased nctIvlty alid laurtng mo pnrtton or tho
tlhy sovere strtngeHcy rrosnaed. ilnrlnv tho
mnr,.fng Gull loAlls OH pietIvo or stock collateral
rauGou butwucn Asll or cent, int during tho
attortiuun Il cumutssl1n WIS pn!u for HccotilnO-
dul6n III addition to lcgal Interest. which shortly
before tho ulosu wns nH high ps threo-sxteentrs
Of per cunt pur tlpM. III tho lnAi trRl!nus,
however, tho rato wMs gradually reduced, aud
ut tho close th0ro were a!Fcrings mt per cent.
Tho Q0rcr,ltnent-tona dcAlerA supplied
their requirements ut o9i per cont-
Tfn0 ,Hans and prime discounts
nro unchanged. In tho storliug exchange ,nar-
kot Tho nomlnal nskiug quotation for sixty. dny
blls was marked .lnwn II, 10 4S., III consequence
OF the advance Of Il ror cunt IN tho lnuK OF Ell
gland rttu nf discount. The postul rAte for
lc@,uIlA bills was continued ,Nehangol nt 38ttS.
1ka!lrtNltl mortgages wuro In light request. md
werG 4onarAly wruk auu lower, Erlu aonsoit.
Fam
10l,a. uud s!aSe.l ut i0lA. Co'uMbns, Chicago 4
lnAlann Central llrnura ducl|lIul ftVin ~ tD
ION, n,,i ralslGtl to 4D,s; do ilrsts Hod up
! from 0:tt to Ion. Tuxns Pacific latl.Erant In.
oultes tel! OF from 1ps tn 75s, and recovered to
| Tt.&s du a1rsts dslo Grunlo ptylslon) declined
from p.S to Ol1s. CInutla 50sthorn uttunlntca.l
Nrsts deonuti fson, lUQ IL u, Chesapeake Il Ohlt,
u tCl,lss ~ froM Ut to ", do curronuy u lro..
III tn biz, Central Iowa rsts fro,n 1lusi to ll5.
llouyar l. Rio lira1du ilrsts from LIB 10 ll1, 10
eonBtrllutiun s!xcs fr0tn 1l.,s tn liz, lallsaa
| &; Toxas general u frt1n MA tn ",
tlo SECONDS froa, u 10, fo'i, kaI'sas
pae''s n;ts Saw sycrE DSs!p s's fs9a r, ~
IIaN q ll6. Nort.i.tn RaeI1 if..s ttt,m u. q
a4's" ss tSs ;st' @ % y IL + y s s2xs g. si !sf ' ''''
81. y,sspa SonSur.iI'o ss iat'sanesa fso;n iio;;
~ Tb tte 1ss.te7. .t..oe 4sstl I'r.,.
NEw fUnx. aug. lS-GovuFnMUnrs Weak and
| HON lnwef.
III. thu iprnnd bond l!lagkot, Texas 4 raolau
1a Yrtu& llleu,iles sluGltlel " i3A ftpHl 7u3i
M tir1ts fHl, utAtldn piysl.sn} III VIA frlnl " u
Ku.isNs 4 '!'uxns SECONDS tn TU: fr,,.l IL; ltun}u,
Wn!er.4nxa Y tl4lelsnutT I'rsta ~ 81 " from y:
bt. Paul l. UnlHha e0l,ald ~ lul fr'n l0ssi
unnun su!horn rsts TO " fr!.na lD1, nlltl Chosi-
puukD s Ohlu tysts. serica :" ~" tn ~ lru1l VI.
| tsrlU AGcHtIll HfHHnl1 WGru nHt(vn 1T l0uSGkiNl,
Thu stn0k' MMrkgt Dp0ned tulrly ltul, III sOu,o
casga ut nh A:lfAure ~ yrstetdnya elDa.
! tlIN tlK,lrUs, and httUrt tho FrAf lluakd HI
| Ht1rnHoH Nf Ii " l1$ wnB .ruV0rt1c<t, tho inter
nrnyrr Il lliD Granllc. At tho First lionsd specu.
tRuOn 11tuatltp woak, Atil u dtetIno ut H tn III
tuHk paaGG, which Waa lttust hArkGA In nenvtG
q islo uraHuu, Katlsls y Tvxas, Northern Pa
ulho preferred. Missouri pap!tio, Ut. IAnl, West.
pru pu!uu, Aud ChlcuGO. burlington i Quincy.
Thts was fn1lDwctl by rceov9ry Ut " to ~. but
during thu attcrnNl,t the pressure 10 soil WIS
ra1aEyd, ..Ald pglue. eontlnaetl to tall o't
et !hu duy, ranged fruu. 1t to 9!s. tho lYlt.r
lnalAnnpal,s, llluon,lnYt0h + WostegA, NRal.
yttlp $ chattnnnoEa. Tpxas paulttp: Deuyer, s
lilo Qrant0, Northern tAoltlo preferred, tAl-
oaKu. burlington s. QpLngy, AlssaAn paclu'
lInilntnHi Il ~6t. J0. and Alolnphta Il Qbarlaxtpll
WtrD Nl&u pFnlnitt9i!t shoFtiu. Whctt tho Mon6y
strnxcuUy was relaxed in tha lust A0llr th0sl
eaIuv q Huddcn chauga In the tons Of the !uAr|
kut flt,u weAklnss " strength. and IN late Aaa
tt,1a tho rush to buy w!ss as eaor III that 70 4e
wus eariles lu tAe day. II is trne that huYuH
NnA 1AtHA1y 10 O1vor HkbOrt 8naGXH RltAOuuh