, 1881-07-08
STREET TALK,

6pfeta! Dttpatch to The Chteaqo 1ribunA
New Yo1sK, July 7.-."Ttle market" said
broker tllls afternoon. '1las been strong,
will, M upward tendency, 1t opened with
prices for most stocks aboyo closing quotn-
tlons Inst night. antl advanced from II to 3.
Tho atvnnce l'as been well sustained thus
fnr. Northwest, Union Pacific, Western
Union, and jersey Central haye been most
aetlyo. Talk In tho room is very b,lllsl. OIL
Western Union, which Is satd to he certain
to reach par. Tho ndyanco IL bnsel Upon
the largo earnings, Which ara said to have
shown an incrcaso of sG6, 900 last week over
the corresponding week Of lust ycar.'
IA grcat many Inquiries nre snadc," sold
a prominent bro|.cr this morning, "about
the rights to stockholders In conNeetiQn with
tic 81. 0o0 COO loan of tho consolidated ,Istcl,-
lnoNl, Allegheny & Ohio Contral ltaflroau
for tho construction OF the rIyara division.
Tile fact Is that tho Syndicate C0lntnItte0
HAS NOT DETERMINED UPON THE 'Iit0lirs,
but Is perfectlng plot Stockholders OF
botIl roads call subscribe to tho now loan Mt
par. md tho rights will he connnctel with
Lie Issue Ut neW securities" 90 ,:T"i'
~ advlse yon,'' said an opor,tor:to,1ay,
ITO place yory littlo reliance ol, tlia :bear
stories circulated against tile st. paNl l{und.
1t III fnct, OF course, that tho road suffered
from thu severity OF tho winter, md 1t Is In
position where, III order to ,nnintatn lts
rank. 1t l,lst spend nrEo sums, and to Sonic
extent discount tho future; but, having sni.l
tilat, y0u llRrD said nearly Aal ulat the atlIa-
ton warrants Il y not true tat the ear,@.
year d!a not equa! tho operlting expensus,
nor Ii It true TINT tho road Will ilot 60 ablos
to pay the Interest OH Its bonds this year,
THE ROAD II IN MAdHiflcESr CONDITION.
The country through wialel. It passes is
Suirlng u large truths ouisltlo Of .gran
TRANSFORMATION. Its actua! earnings ,.r8
ailur!lotls.. 1t may seem llka u Wild stato-
MAnt, but tllo road WI! liRvo II largo st1rpl uB
o0o,0o0 this ycar, aid probably 5i6,0o0, 0,Ooo
hgxt year, In pltlcr t1 lllaintain its posltiou."
"Tho shooting 0f l'teslslellt Gar'ls!tl," sul,l
a,l operator to-day, :. demonstrates In nn ex-
kNt. II !,as trnnsplro1 ttlat the, ,'ibst OK
aRgerAtGtl AccNllntH wnrU aunt nIl over tho
country and to Europe aa to tho res,slt OF tho
atto!nptod assassination. It u slrprisl'.G TINT
threw over thetr stocks linyv not been milo
sltler,,ba Indignation has been oppressed oi,
the street ut the manner IN Whlell the bears
assassination. I'ie sympathy with irusilaIt
Garfield N III strong that my porsDp who
trles to use the nttenpieI assassination tor
Ills own benefit will sira that ho
W1LI. lt.slsE \ l1osT or ENKstiEs
~ very sllort thug, Tho dispatches sent to
t;arole9 t9 M wera for tle p.lrposs of frightening
ss9 %1t y fSsltEnE E9..! Ht augsncwoula lend him.
:" think It y true,"' sai.l great iron mer-
Chant to-tlay, ti,at tho Iron tralu leads tia
market. ITO nut mean that Il goyerns ll9ct.
Aatlntis IN Stocks, but, us fur US my
oxperlellre goes, It dues lend ;great
mo'etSn!S f1nt ,,o le ,o; reason, ca;nb,i'f; mi, tifs;
nt men nre nllo tt control tho ir9n ularksl,
Il Muht bs regulated BY supply u1lll 4onial,1,
+ MY pool undertook II sustain lron up0ll i
tGslln!ng market I would ba crushed, bo+
!oMg as ti'ey could ssll % profit, 'lIts. 1aet
u y, wel! !lhtluss19o( ttat ~ ordinary tunes
late t1e price, of lr0l.. liz prIce,' therefore,
~ ~ accurate hAroll1ctur OF tho condition Ut
leading inlustry,n
THE AAllkEr IL IN Il stonE AoI'KyuL. con-
NgTlUN
now than for year past. THE price does
not adult Of large foreign importation, md
Inc Stocks " warehouses aro being gfau,