MARKETS
FINANCIAL AND COMMERCIAL.
Office of The Prairie Farmer,
Chicago, Jan. 29, 1884.
Business at the Chicago banks is by no means brisk, and it is not anticipated that it will be until after the first of February.
Bonds and stocks are more active than for some time. In New York there has been a great boom in what are known as the Villard stocks. It is said that Gould and associates are boosting these stocks and squeezing the shorts unmercifully.
The number of failures reported in the United States during the past seven days was 287, and for Canada 30, a total of 317, against 425 for the previous week, a reduction of 108. The greatest reduction in failures is at the East.
Money in Chicago is worth 5@6 per cent on call.
Eastern exchange is firm at 60@70c per $1,000.
Government securities are as follows: