The Portland daily press., 1876-05-01
New Work. stock and nIouex n1arIe,.

NEW YORK. April 29-12. Is P. Mood opened al
1928 and sold up to 1922 Governments active and
and steady. Stocks active and weaker. Sterling
Exchange 4s8 "a 400.
There is much complaint in our retail markets over
the scarcity of small change, caused by the premium
on silver and fractional currency 1t is feared the
present plan Of silver resumption will have to be
abandoned. The new silver is scarce, owing to the
boarding OF it. The run on the subtreasury here
on the increase, and each morning the line of appli
cants is longer and more numerous. Several hun
dred men and boys were beseiging the doors of the
treasury long before business hours this morning
awaiting their turn for the new silver coin.
The anthracite coal combinatinn OF Pennsylvania
has decided to slow up mining in order to keep up
the prices. This action has aroused much dissatis-
faction and excitement among the miners and labor
ers who had generally supposed there would be No
shutdown movement this spring The more desper
ate spirits among the workmen have already inaug-
urated terrorism in different portions of the upper
coal fields
Statements have been made that the Central Pa
cfc Railroad officials were interesting themselves,
together with tho Union Pacific Railroad and Pa
cfc Mail Steamship officials, in arranging peace
with the Panama Railroad Company. Vice Presi-
dent Huntington yesterday said the Central Pacific
Railroad did not propose to interest itself in any such
and those interested might start many competing
steamship lines as they pleased.
A Chicago dispatch says the war between the
freight lines East is still very hot and rates have
parently struck hard pan. Twenty cents on grain is
the lowest rate reported 1t is said that 1000 car
loads have been contracted for at twentyone cents
Railroad even claim that the report is untrue, that
the Eastern trunk lines crowded to their utmost
capacity, and shipments have been refused for want
of cars. Tom Scott is supposed to be pushing the
fight mainly against the Michigan Central.
The stock market opened heavy sand about to /
Der cent lower than yesterdays prices. Heaviness
in Lake Shore and Western Union caused depres sion
in the fancy dividend paying stocks, but Del
aware & Lackawanna, Delaware & Hudson Canal
stock, New York Central and Rock Island shares
were firm and steady.
threatened break in Western passenger rates
caused weakness in the trunk road securities Mich
igan Central declined to 80. Fries were weak, and
sold at 135. Pacific Mail opened strong advanced to
2Os, and afterwards fell to 20. Towards very
heavy and weak market prevailed, and there was a
fhrther decline Western Union sold at GA and Lake
Shore at 533 Delaware 81 Lackawanna declined to
1G9t.
Government bonds were quiet and steady, without
change. 1t is regarded here as significant that
while all kinds of other securities have recently de-
clined in London and on the continent American
bonds as well as British consols have steadily ad-
vanced and improved.
The specie export to Europe to-day amounts to
1870, 900. of which $24O,000 is gold coin.
Two disbursements by the United States Treasury
and one by the comptroller of New York city on
Monday amount to no less than $40 O00 of which
$2,50O,00 is to be paid in gold, viz: Treasury gold
interest, ST., 600; Geneva award $6,5 900; city
of New York currency interest," $3,000,0O0 and city
of New York gold interest, $50OO00; total, $40 $780,
900.
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