The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1880-10-20
WALL STREET YESTERDAY.

states quiet anu steady.
WALL STREET YESTERDAY.
NEW YORK. October l9.-The POSTS financial ar
tcle says: As we write the represent atives of the
Chicago, Burlington and Quincy and the WABASH
aud the Union Pacific system of roads are In con-
ference in this city, seeking settlement OF the ex.
sting differences, which threaten not only the reve
of she western roads, but incidentally or some
of their eastern connections. We told that what
NAV be called treaty of peace for ten wears is the
end which the present meeting seeks III this IL At
tanned 1t should have an important favorable inhl.
ence on prices of the stocks of companies most
concerned. n there is failure to reach settle
ment, the opposite effect on prices is TO be ex-
peoied; II The subject should be POSTPONED
also be unfavorable, but TO smaller degree
than II active hostties are 10 be entered upon
by the respectively p9%erfWTl parties .,oc to ,he
up In the market, showing that the street believes
the result viii be favorable. The Stock Exchange
markets are less active than yesterday, except Tor
tue stocks OF the road concerned in the negotiations
above. alluded to- These have been active and are
strong. Chicago, Burlington and Quincy having ad.
i0s; the preferred from lis 10 7SK: and Union
Pacific from 91h to 93h. Tue remainder OF the
m me 1 rom the lowest prices Of Yesterday after
noon, tie stocks at all active having been Erie,
Lake shore, Pacific Mail, Western Union elegraph,
Northwest. Milwaukee and 81. Paul. Railroad
bonds continue active but irregular. The Texas
and Pacific land grant income per cent. bonds
appear to be ATTRACTING attention again ana on
TO 691s from 6S%. Erie second Consols have al
vauced 4 TO 94h; Chesapeake and Ohio " b bonds
| Z 10 ~; Kansas and Texas second k.and Metro
potan elevated first 4. In Rome. WATERFOWL and
Ogdensburg frsts and g.. G. and I. &. incomes there
has been a decline OF per cent. United States
bonds 4 lower for the As and AIS, the short
date 6's and SIS being unchanged. The money mar.
ket Is working easily at 2G3 per cent. oil call aud
Stock Exchange holCes of good standing are offered
round amounts OF f6tr months at the rate OF per
cent. per annum The furry in rates at the stock
Exchange yesterday is significant only as showing
what be done in the way nj manipulation II any
one OF the dozen large Spectators sec NJ 10 give At
| tentiOn TO the mon'y market. The main and con-
trolling reasons aside from manipulation continue,
however, In favor OF comfortable loan market foI
borrowers.
| The following quotations were current to-day:
United States per cents. l09H: United States
~ per cents HOY: ID. OF C. 65'S, 90 small; New
Jersey Central 74s; Eric, 43's; Michigan Central,
1885, Hannibal and st. Joseph, 41h; Lake Shore
ll2A; Northwest, ll3h: Northwest preferred
1885, Iron Mountain, 32s: Rock Island, 10: ~,
Paul, % Wabash, st. Lolns and Pacific. 40; Wa
bash, ST. Louis and Pacific preferred, 72k Kansas
and Texas 37H: Western Union Telegraph, I03as
c. e. aud /. G., 1914; Pacific Mail, AN.
BALTIMORE.
BALTIMORE, October l9.-Virginia Ga. old, 10;
deferred ~; consOls, GA; pasl-due coupons OIL {;
new lo-40's, Al ; l0-40's, coupons, 95x. Bid to-
day.