National Republican. (Washington City (D.C.)) 1872-1888, 1881-03-11
MONETARY MATTERS.
FINANCIAL AND COMMERCIAL NEWS.
Wall Street TransactiOns-The Latest Quotations
in Stocks and BoRds-Sem York and Bal
timore Produce Markets-LondoR
and Paris Money Markets.

The following observations the transactions In
the financial market yesterday together with highest
lowest and closing stock quotations. furnished by
the clearinghouse of H D. Cooke ir & CO. 1872 T
street, Washington. D. c.:
The market opened Z to IL per cent lower than
yesterdays cosngs and has been dull and Inactive all
day. Many Wall street brokers had predicted that
yesterday would certainly bring forth final settle
ment OF the Treasury and national bank question.
But II old not; neither did to-day and this fact,
gether with the rUmor of possible extra session of
Congress, has disconnected traders and made them in
active. Fhe entire list has declined Systematically "a
few Intellectual attempts to rally 1t having been made)
and closes from Il to 80 per cent the only exceptions
to this rule being Chicago, ST. Louis and New Orleans
ga up and Atlantic and Pacific Telegraph "a per
cent. up. Near the close two conspicuous bears sold
very freely, probably TO affect to-morrow's opening.
There has been no buying for accounts and
a disposition to realize freely on all buiges.
The new stock of the Western appeared the list
for the first time to-day. It made its debut at 80, ad-
vancedto sl then closed opening price Yesterday
the board of directors of the Western Union met and
declared quarterly dividend of Il. per cent. the
western Union stock, and also quarterly dividend OF
IL the certificates of Indebtedness issued holders
ofAmerican Union Telegraph and Atlantic and Pacific
Telegraph stocks making in all dividend of IL per
cent. S8e0OO09a. The last quarterly dividend Of
Ia per cent. 81 600 Western Union stock paid
in January exceeded the earnings and nearly
hausted the surplus accumulated former years. The
two companies which have been dissolved into the
Western Union since January, have never paid any
dividend at all The question asked by inquisi-
tive persons is Where has the money from for
yesterdays dividend? Did 1t out of the pockets
of the prOmulgators of the consolidation scheme?"
The directors of the Chicago st. Paul. Mississippi
and Ohio Railroad met to-day and declareda quarterly
divideHde OF "a per cent making this per cent.
stock.
Money in good demand to-day at 596 per cent.
The following statement will be of interest showing
different amounts and character of the bonds with
drawn from the United States Treasury during the
recent furry among the banks:
Five per cents. of t204O60
Sl4 PEE osid,SoU
Railroads. $4,000
-Four and half per Ies5Oo
HsO8IeO
By the above statement it will be that this hulk
of bonds withdrawn those Of issues matured
maturing shortly. 1t Is not improbable thst In the
event of decision against the return TO the banks of
the money deposited in lieu Of the above bonds the
Treasury may make further inroads upon the legsi
by purchase Of bonds ia market equal
to the amount of the money deposited This would
undoubtedly furnish relief to the public and the
kets generally without showing any special leaningto
their favor.
Total sales: Pacific Mall 1s 900 Western Union, 49,
OOO Northwest, 1O68e do preferred $780, Rock Island
3OO st. Paul, 2O29S preferred, 200; c. c. & L c., z,49G
Erie, t9.O9G Hannibal and st. 10, 400; Lake Shore,
800; New York Central, $780, Ohio and Mississippi
$780, Union Pacific 25,5eG Michigan Central, $780,
Delaware and Hudson, S,t00; Jersey Central Is 900
Delaware. Lackawanna and Western $500; Western
Union extended, 4J9Q