, 1881-10-21
l5USlNE ESS.
Stocks Inactive and Strong, Clos.
ing Higher.
Reitcratiou Of the Statement that the
Market Is Oversold.
New York Central mil tho Railroad
War-flnanccs IN Chicago.
The Produce Markets Again Lowor-Pro-
visions Active md Very Weak.
inatkrr Decline In l'rcads!ulTs, Will tcss Doing,
ana Smaller iirtclpls-torn tlused Firm.
FINANCIAL.

WIS MRtiI slntri us tito l,el!cf Uf wrli-DEnsneh
trnkrrs that tho niarttt wM$ largely nvcrsoll.
Most vi tI,o selling nj tho Inst twn tinys has hrcn
l,y lle hears, R:d tho market hns tMkeii tho'r
offerings with rc,nnrkhtln *tcn,ncss.
4 urHc block IF Suw York t'cntr,tl and sS,Mr
small lots have Grcn SOLD lately by tuller@
t,y tho tnk uf rctt.Irutt t,nrn1s utltl
dividends. None uf lhesG salcs have bert trhccA
to Vanderbilt. t}t>a IT tho best kI,nw hD!tlcrs
Of New York Central Is quoted oH Wnll street
us having drclnrrd It IL fac cunwsc fur tolcra to
seil. rs, cven IT the nrtcr should lccl!nt nw, It
wnil,l recover. Earnings will III lcass uo rfls,nl
10 thosc Ut 1s1q. which paid per cent divlle,nls
and left II surplus.
st. Paul hns hcon freely l'onght IN !nrgc
nlao,,hts ly Western people.
tiDtlshntlrss nf tho Metropolitan nceuse tho
Directors Of having sncrrGu tllr Interests VI
bonlhul.1urs IL tl.ose Of stockhoors.
At tho cs,su Df yesterdays Iunrkct tho short
Interest was Thought to hNve bueFi largely IN"
creased. stneks were lonn,ng Mt Or y prr ccrt.
M elpns wrrp to he socn Of ttIly a1ucc2r Ut tho
ahtrts.
Wh!o tho report Ut 4 pNn!e III Paris WIS ln-
founded. very htnvy susses ln tu Gu tnct ut tfie
hAlf -nlnl,thly settlement aW snnu OF tho nil-
rrutors Oil tho purs iloursc. Tho brnrs wcrH
Obliged, by tho closing ut solHu accounts III
Union Ocl,trAle Ehnrcs. tt Jhy s;1ytU1,0sN. Ono
l,o.I4n aiU,lc sustained II loss Ut *l.:a.ID@p.
Muncy Is rc,,0rtrnl by Seltgn,nn 10 bc working
closely In tho i;uropcAn centres.
According to tho fkttd Of wednesday, tlU
Hurry Ut tho lust few tnss VIA tnwnrrlntra by
MY rcnl rcHso!ls, except llat thu bly, holders OF
atucks tl,lt!er eGvcr of tllu httrrnli nl'out tho
Trrusllry disbnrae,nrnts ii tlloir hes. to
"cn " up tho market fur the lusposu or tls,nIi~
fng their Iln1dIisss ii beginning to iu seen anu
upprcc,ntcd. Tllcrc Is no Inoru sign uf potl,lnr
snpt,urt today than theru bus bccn for II nionth
t'lss.
f;,l4sands indebtedness 10 tho unltnl Slntcsjs
figured ont iIy the London Eeouumht with re-
snls nut cotsoltng to tito British public. t,r,nR
tho first ak months Or thts year tho l.ol,Asst
market absorbed American Rccurites other
thni, Government blinds IL tho va!.1o Of ei'a'-
aN,0uo, while during tho sunie period the ftt'-
ports FROM tho nltest Suites lntu tic ktu5ttnn
wclc s.li y1 ,UU KrCntur than Tho exports t. THO
United StNtcs. Against this totHt ilcrc1au VI
Indebtedness nf $9a. .00 1Ul thpr1 ,lrp to ho SGT
currytng mud othur ufshrst.s, mil ulso w!lRt VIC
have to puy Englnn,l s,sr U,tr Imports Of 1n1iHu
NH, other ro,pnlnl produce. but tho lalanco tlao
,,s, nfter Al deductions hAse been mule, Is very
En,lc!a larger than tho 0U0 or 80 Of cofu
which w,ls sent hero during this sA.lc
period. 1T tho u}4nion ot tho Erolt0Mht my
r.al strupency In tho Now York maney masket
will crt.ute such aleH,nml for tho payment uf
tho british Indebtedness 10 us us Ay put tho
EtfOEEnn l1l0EGy EGllECS VI kHEI WIN EllHt
inr SUCH u demand FROM this et!G will
mako II Itkr desanrd upon l:ng1and's continents
nj lcbtprs necessary. For tho must twn years
the burden ur thu requirements Cor specie hus
.ullen on France, tho Hank or Frnuce during
thut period ioslng silaD.oJB III gold aid silver
without my corresponding gnfn. wlli!e tho l'ank
Of ki.4lanl lost Int sl,O0O.MN. 4.
Vanderbilt is Btntcsl by responsible lhatlei-
phin lartea TO llnvc cothn!esed hts arrangements
fur Il connection with tho anthracite cdnl- leils
II ~ u bo rnntle by ttsb GoRevn & yona ltoHd tn
Corufng n. T.. and theltce IT,, Antrn TIURA
County, l'a., by cual son.!s already built. 1t Is
proposed tD nuke Antrim thu Hortl,orl terminus
Of thv 1ersry Shore & Pine CrGuk lknatl. Tho
right 1f syny for tits r0u belnngs tn The ltant.
ing, aha It has mover lIccn completed. Whe,t
cumpsetcd md usrA In connection with the r0Rts
tncntlonpi, It viii Etvo tho New York Ccn.rat III
e.,truncc TO tho anthracite ct.t'ies,is wh!cs, Is
aA!d to lG about all thu interest Mr.. Vanderbilt
hns In tho lscutlny ltn!lroatt
Gp1kl denies the Chicago rcnort thnt ho ha1
hottutt tho controlling intrrcst III llnnnibu! 4
1t. Jor This, he says, Il q snrfnco road throtlrh
It'll exceedingly rough country, with Il very light
trnIIIu ani Ill enormous 'clh. Tho pehp!e WHO
,.ru carrying thoir burden uf corncrcl stUck will
hnyo IL curry II nr srli It to tho i1utch.
Tha lyAnl< Of ls1lglun,l's + per cent rntc, tho
I.unlon Tfntes thinks, IL likely to nSt, With even
ltHhGr rates before tn0,lcy 10 easy NHnlt,. Tho
HtrillScncy Of tho uotnent Is only 1hs precursor
0f slu,tnr stringc,lclrs which 'niy Iuw hc inoknd
for NJ intervals tor several yours to canc. I'ha
general circumstances Ut tho 1nuncy mArlsGt
iu,yc, lh truth, cnttroy chntgcd trtn what thRy
were during tho suttetl depression nf trade which
euMlntt.I III lS.U. 1hp present ntttA1tcc n III
no way accitlentnl, hit IL tho result Ut catlsrs
which hive bgGn for IL lunE tlina III preparation,
mud which woulH probably hnro c,ll1stIl MI rnr
Ipr riso of lilo rntca tnr oney thntlEi mt, per-
ft1tv