, 1881-01-16

:
1r,-yoru Jan 15-Goyerumcnts we're 6teany.
.ror IA and Is aud weak und 1s0A lower FOR a1as
and is.
state securities were dull and nominal.
The stock market opened strong for tho rat"
road list, advanced Il to ". but subsequently
reacted i to IL. At the hFst board setoae
tone preynilcd, and prices advanced steaui9'
the Improvement ranging from Il to 4S' inc lat-
+or IN INN Mountain Hannibal s. St. Joseph,
1In,on pacidc. Alton s. Tcrre Hautc, st.
Paul 4. Omaha, Ohio s. Mississippi, ana
Chicago. Burlington s. Quincy were a!so
prominent in improvement. IN nn Mto
dealings saies to realize rcoered at tho
close, Canada Southern became ,ycnk On van, nm,
dcrbilt's denial that the New Iork Centrnt r.
@ ao9 10 st., 5oaq reaosci 10 a
closed ut SIX. Reading, which opened at ~ ao-
vance Of l. dropped H. to 50: recovered TO " anu
ocf}yc than usual. Western Union advanced ~
in the morning, declined 3.a. recovered : anu
reacted s. American Union declined 4; on ma;a the
days transactions and Atlantic q Fao'ne A''0'
In The 11,i1road bond market to-dny 3linnenRo.
lis St. Louis rsts advanced to ~ 1ro r. 1a' ss
from s6H; do rsts preferred incomes; 70 f;, y;a,
from 96is do Cairo g. Fulton first to lil+ from
11o TEX Texas q peee eenm6as, chicssS @ iadiana
Central C 4 afIm incoms ne to 4 from u ii~a1kce St.
Paul Il. s. D. Divisionl to 10 from -; 14ess M
land. Columbus; Cincinnati s. indianapolis con
soIs 10 12i from 10; Texas & Pacific trsts tsio
Grande Division) 10 100 from 99hi; and md, Lehlsn MN
Wilkcsbarre consols assentea ,,aa,7res 70 Ia.
clned to Il from 81. and later recovered to ~,
TIE Panama Nailrpad Company has pGolaTed req
quarterly dividend OF per cent paSaole - peu "
Feb. . a..., .. ,o+o anccfo,
from London states that 1900 shares OF heaqne
1rht frt
the close Of the Boards at prices oonsiuerao.iy ~
higher than those previously current, Ing s.uu>
chases s we're ~ for short account" The snme news
| paper says: The events OF the week n nnan-
cial circles were Of most unpreceaen.cu ;.npu
trMe enccnative opcrnions ever known in the his
| tory Of tho Stock Exchange, where the volume
Of business reached enormous pfGpnsM9ns ba1rper-
IaS izea mSoe'eas by easc, ' and. with tho return
| Of a flow Of currency from the interior and the
tai seeking employment. has been larGe: re- Inc Iho
rates for cnll loans on railway and miscellaneous
collutorus were 5@6 per cent ana at intefna fR
| dealers were readily supplied at sgt per cent,
while prime mercantile paper was dlscountea at
5G25tz. Foreign exchanges were lower ,:t! ett5 ~
| yunce1 from asss to pSs for GO days, and from
99,. to 93.. for demand The latter were strenE1n ~
ened By an advance n the BanR OF vsla os f
| gold from Europe reported from lne ASSN
| f)Ifice for the week ended yesterday, The totni
| arrivals since Aug.2, 1850, were $6',!'oNo1 ~ o.
600 foreign coin and bnrs. The total arrtrals LOT
| tho corresponding period In 1879 and lso we're
S7r;s4l5 150. Payments by the Assay Omcc On snls
| account were $l5000 for the week. aud SoJ.e5a.-
| 1OO since Aug.2. Government bonus. on IN ~
creased business. exhibited great Strength, ano
| there was a sharp advance in Is and 413s on the
! action Of tho House Of Representatives. wnlcl
| voted that the ratio of interest Oh any tnrtnel
issues of bonds BY the Government 5nouio be !
/ pcr cent The Is and AS were IN small supply
| and this had tendency to stlmMa1a lae up
| ward movement ,-- -.
In ralilroad bonds an enormous business wa
done, and largo orders from investors Anc
specu1ators resulted in q further genera aa'
vance In prices The greatest Improvement wa wai
| in Columbus, Chicago s. 1ndiaun Central and
Iron Mountain income Issues, which rose . tc
10,.. After these interest ccntercd chiefly II
Eric, Kansas Texas, Texas Pacific Now Jersc,
Central, Chesapeake Ohio, Northwest. ana p
Paul bonds Railway and mseenneous tbp,oI'n speGuh
| out tho week. There were various causes
| work to produce the remarkable activity ant
| buoynucy which characterized DEALINGS from tnt
| opening almost to the very close or tue "eek
been tho negotiations for consoiiaa..ot 3
Of the telegraph companies. When It pecam'
| known thnt these negotiations had Dcen con
cluded tho widest excitement cnsuco' aug
under Immense purchases, telegraph snates ~ y,
yauccd 11tt to 315l. Outside OF the teieRtap!
shares dealings were large and we'll distributed
with trunk lines, Pacific, Granger5, eonthWestt
! crn and coal shares all prominent in the dcal
| inos Mt intervals. Towards the close 4 poruol
OF the improvement In telegraph shafGs = WI wa;
r1lmor Of a lease to the New York Central. re
| coded on u denial Of the ruTnor. me genefa
list. however, was close on to the highest hgurc
of the week, which were made to-day.
n1t.n-