, 1881-04-12
General Raid by the Bears
The East-Bound Freight
Cut.
Dizziness Among tho Chicago
Bnnlss-Thc Foreign Ex.
change Market.
The Produce Markets Active and Excited
Wheat and Corn Strengthened
by the Storm.
4 Very Active Day IN Provisions, al Higher
Prices, but Pork Worry sfreaular-A
Corner In Rye.


!
FINANCIAL. .,
After dull opening stocks became notlro.
md showed Il declining tendency. .rhls was due
tn0rc to attncks by tho hears than tn offerings
of lonK stock, though S0ne Of tho Inter catne on
the III arket, Vanderbilt stocks and Eric wore
rallied On Rccouht Of the cut In cast.bound
freight rates. Rock fsland showed some weak
ncss Tie Elevated stocks sold OF OH tho triple
reports that earnings hnt decreased TINT lcgIs-
lntlon was imminent to rctluco freight rntcs,
md to compel tr,lns to bo rim nit night, and
that the Directors Of tho Manhattan and Metro-
pulitRn did not ngrcu rs to tho management.
Tho hus wcro discouraged by noticing that
no wired orders catnc ~ to buy, and TINT tho
mArket received no support ut tho decline.
Could WIS doing nothing In the Southwestern.
Gould Is reportod ut tho Windsor Hotel to hnvo
Btrhtlcd tho n,Rrkct, md to bn long Of tho
Southwestern stocks and short or Bolno Of tho
Northwestern. Sngn WIS selling per cent
thlrty-tlny puts IN LNrknwat,nn Mt l per cent.
Tho Osborne party aro bn'lsh. W. L. Scott
thinks whcat.accding will be completed by
May L.. 1t Is noted rs sieniilcant that
ish on St. raul rs on, their own rr.p-
crty. 10th nee III the sumo boat. TREAS.
urcr Sykes. OF tho Northwestern 1ionl, Is
lunted In Wnli street as snylnF TINT tho North
western l10ad on Narcti WAS IT, better condition
rs 10 mntvo power mud equipment than ever
before on the Bnnle date. Also thnt its lnnn.
cnl condition was superior to that on nny pre-
WINS dnte.
President Gowcn, OF tha Heading. announces
his determination to "cautluuo tho bnttie" I'LL.
less stockhoidcrs' interests rc9uro him to dcslst
lie still ron1alns President OF tho NeRdlnE Coat
& Iron Cnu1pNny, without which tho railroad
docs mt htnDlnt to fntGh. :;
1'1olB aro reported In Mobile & Ohio and MIL
wnilkrU l. Lnko Shore.
Lake Shore, ". Il. Scott declares, will earn n /
por cent illyhtc,t fnr the current hnf your, ant
hlye surplus uf $k,000, ,O00 Earnings will hnvg
to tD in,menso tn accomplish thls rs tho surplus
of something above million ieft over utter tho
lust dividend has nlo,lt nil hnen ua0d up In koup-
lnR tho trnck u,car OF leo md snow.
st. Pull earnings Increased 4l0o GOO In tho
first week of April. -
Northwestern earnings were ,fllctotly reported
10 show mn increuso OF e6900u for tho fret week
OF April. -,
llaroad mon who ought to know say that
rallrpnls uro "cuokins" tho statcmonta that
now shUw gains In receipts. "They hnve to do
H." i" ~-~
3 a milwaukee, authority reports TINT "Farm-
crs uo.npan throughout this stnto whore more
winter wheat than usunl hns hccu aUwp thut
wtutcr WHEAT hns becn much dnmnRcd. hut wo
think they know nothing. ubout It. It Ii only
tholr rsars. for tho Al,ow Is not yet OH. Spring
wlcat Seeding will hU late but mt ,tvccssllriy
too luto, With gn0d weuthvr trum THIS out. We
have kynwn splendid crops come fr0M seeding
lust wegk In April. 3tttl fears posspsstha bulk
OF farmers ,ul tutg seuyun btcuusu tI makes
hNrvcsts fntt. nH II rlitu. OF eourao ITO sprtug
seeding Ia accomplished yot, but VIC thiHk by tho
ISL. It Wi lo well In ptswress. Our letter rrom
~. Paul. dutel the 9Th, snys: wild croct,scs IN
lOo,n III lietds around st, Paul; seeding will ho
| s.,st, r,Rott t,nf nvf. r.
Tho Fina,tctal Chronicle takcs the sarao vIow
Of tlle general situation Of tho country thut Ia
shawn BY the increasing ADVERTISING ,mttouogo
Of tho newspapers, rs well as by tho ratng
vauuo Of c!unrlnRs. It says the great truth Is
ev,lant that tnaro Is an extremely vigorous prs,-
ti,lutiou anl distribution In progrcss whlln
these conditions Gxlst, and our furcigti trtt,n
l,nws In here at every har,lcnIny III tho ratio Of
intercst, tteru cauuot full ia 10 IN umlcstono Of
grtat etrct,gth In wull street markets, whatcvcr
bu tho daily iiuotuntiOns.
as f0rcibIo illustration Of tho vitality IN
trade Mt tho present ,noent, tho monthly etato-
mont of rnilroal earnings IL In point. There
ucvrr were months ,,,orv scycr,v trying thnr
tho late onpa hayo ,ppn to this ureut interest
rrnt,,c was virtually rsusi,entlod n portion AZ
;ss ,t 'ns !" Sossssseo qsss seoq the
| ac,iyc business In proxross In III, dupar1.
ncnts TINT cycn with ' crop n,ovo,nonts M eicckoa ]
s"to",s nuke ysty x! .tstenon's thu ~,
. y s,s,s ssnass ssss 70, s1s MHS of *
Then '! !l,a % steady ,low ot sS from Europe -
cou,ln,ic,i. casc lm ,,,a % munuy markut. Almost
ovory steamer Al.,s to the supply, and tho eaIo
and rrlvata uavicus tnliusta y strong movement
still IN proxross. It Is tmposslblo 10 sta,o ny.