, 1881-03-12
WALL STREET.


Special Dhpateh to 1hs Chse4po 7tttuns,
New York, March 1l.-On tho Stock E1-
cl!angc tic speculation was OIL very limited
scale, and there was lnrge decrease III tlle
volume ut business. Except In few lii
staslces, tho fluctuations were confined with.
III very narrow range, md dullness
was tho prevailing characteristic of
tho market At the opening prices
showed q slight decline from the closing
quotations OF yesterday, aud In tho carly
dealings tho speculation WIS foverish a,ld ILL.,
settled. Toward noon tho market became
somewhat firTner, and during tho afternoon
m advance was recorded, tho l,igli-
est figures Of the day being touched
at the Second hoard, wllou tlle
advance from the lowest point OF tho morn
Ing rangod from Il to ~ per cent, tho latter
IN Northwestern comlnon,-IInnnlba! tk st.
Joseph, Texas Pacific, Dcnyer & Rio
Gr1nde, New Jersey Central, Ohio
u Mississippi, Dclawarc, Lacxawa,,na
IL Western, Iron Mountain, and ut.
Paul being also conspicuous IN tho
Improvement iii tho Into dealings there was
n reaction of Il to lx per cont which was
most marked In Now Jersey and North
western, but III the final sales recovery OF
II to " per cent took place, and the market
c!05eu 1hlEly 9tcAuy.
THE MONEY MANKET
worked quite smoothly throughout tha day,
capltal being In good supply at low ratcs OF
Interest. Call leans on pledge OF acceptable
stock collateral ranged botwcon and 3 per
cent, but most Of tic business was transacted
ut i@5 per cent. In tie late dealings
te,oro wore large offerings Of capital at per
cent. Mt which rate the market clUsad. Tl,o
kn%.I
tinlrcnIents at 3t95 pur cent. In tliMo lonns
but few transactions wore reported, the
prevailing quotations being HaG per
cont. Tho discount mnrkst continues
dull, primo mercantile paper being
nosntnally 5@8 per cent. Thu sterling OK
change market was steady, with but little
business doing, and the nominal rates remall,
unchanged at $50 for slxty-iay bills and 1872
for demand.
NA1LnoAD MoIsTnA0Es
not IN very brink dcnla,ld. and tho market
was unsettled In touo Erie consolidated
seconds advanced from 0o7ss 10 005@. Boston,
Hartford j. Eric Arsts declined from IS to
9;;,,a IN, s sInas,, !1tsFnsd e '1 ;s cn;yoIana.
Rsaytt,y I'D s'' *. e*sa1safs f5s 3e Z oss @
~ lclass ~ DECLINED from s,9< To 8.It15;;
Denver Y Rio farall4e CONSERVATION ~ from
1I3>4 20 lI5; Indiana, ulo0latnxt0il d West-
cru tlrsta trnm ~ to W; do seconds frUMl
7o]l to 1V3 Lshlyh X Wllkes6srro consois
,ssentet! from ltoH to ,loo; Moble
y Ohio second. dubentures from
81 to 50; Norris u Essex guaranteed collsols
from 1S to II; Ninneapolis y g. Louis
Metropolitan Elevated lrsts fruln l05}{ to
lo3; Northwcstern Sinking Fund " from
III t9 lou; New Jersey Central con
Texas l'ac!iEo Lalld- Orant incomes from 81 Il
to x,kl; a,ld Metropolitan Railroad seconds
Quincy IS advanced fran l.4j]{ to iM>S;
Denver d lan Grallde nssts froIl i1i5{ to III:
delaware u Hudson II of 1861 from ! AN to
ll5; ke0klk& Des AIolnes lirsas truM 1D]ii55 TO
~: kansas l'aeltic ilFsts from lot}5 to lt'e{i
from l&t1 to III; do registered Bect,1lds
from ~ 70 lSI; Lafayetts, ploon!-
Lake. Elle i Western Iilcomes from - to
IN; Michigan Central Is from la5N to
1s1H: Northwest A,sts from l0D to 10:
Oregon Navigation lruts froln l0Gkl 10 l01
Peoria, Decatur u &ynMsYille incomes from