The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-04-13
Ely GeiegYapC
TFH YORH

NV lDRH
NEW YORK. April r. Stocks drmer.
steady. MONEY. 50 q ptr cent. EXchange-LOGR.
4Sl: shOrl. 1921. state bonds less active. Cow
ermments quiet and unchanged
EreniRg. - MONEY. 5G6 per cent Exchange.
iSJe Governments irrrglar; new 5's, 1879;
new AIS, 1l2A: new A.. Il3a. states Irregular
Tennessee G's, new series. declined 10 73l, from
IL: Tennessee 6's Old. 10 "a from rs Tennessee
6s new to 74a from IS. NOrh Carolina special tax,
first class. declined 10 from o. louisiana - cOu-
soils, first class declined to 6o4 from 81 and then
advanced TO 6l4 aud North Caro- lima special TAX,
second class, advanced To 81 from ~.
WALL STREET YESTERDAY-1HE BEARS IL THE
ASCENDANT.
NEW YORK. April 1.-THE financial article in
the 40 T.. VI. edition OF the Post saws AT HE
Stock Exchange the prevailing Influences for the
moment are bearish, and this l. 30 because Of the
fear or pretended fear Of a war between The trunk
line railroads The settlement OF the lrea ury pohcy
IS made subordinate 10 this qut ion Cf railroad rates
although those who have given any thought TO the
Treasury programme admit That It's tendency In the
long run viii be bui'h. United states As and IS
are rather weak, because tf the prospect OF Inc
sale of sl05,0O0,000 OF one or the other
Kind. Southern state bonds are sMla PER
cont down, and speculation Is not taking
kindly TO then. Railroad bonds are firm at a frac-
tional advance. Speculative stocks are all lower,
The decline ranging from sM2s per cent? the latter
Manhattan railway, which Is Gown on Albany DIS
patches about 9 cent fares. Manhattan Beach,
which has recently advanced from the thlrues to
the fftes, down ~. Canada southern Is also down
II. Northern Pacific preferred. IA: Delaware.
Lackawanna. and Western and Michigan Central
"a; ON aha, Il Delaware and Hudson Union laci'
hc Milwaukee and - Paul and Metropolitan ElcYl-
ted per cent. each: Lake shore, New York Central,
Wabash and jersey Central 4 each, and Iron Noun
tain, s. Oregon Navigation Is exceptionally strong,
being no 10 l46 from l40 yesterday. Tine revival
OF speculation in Sutro tunnel carried tie price I'M
morning up 10 ~ per share, ana silver III hts
been active al Cos. As We close this tdroh tne
stock market, after having had a rally, /; weak.
The local money market Is easy, ana since Inc
Treasury policy became known ih're Is renewed
pressure 70 lend money on long niht. IN IN
apprOyed Stock Exchange collateral leading
firms are now offered money for the re-
maluder Of The year at AZ per cent, ana ny
the same lenders who hesitated three weeks ago To
ler at per cent On United STATES BOMBS IL Is
doubtful whether money could to-day b. lent Tor SIX
months above per cont. Prime mercantile paper
T. 44d54 per cent; very lew names l1sI
selling al Per cent. and over tail loans to1tS rS
per cent. on stocks and 1 per CEN. on Iniled
state bonds, the extreme rates being ~ ana per
cent The market for foreign exchange Is Inactive
Tine Following quotations were current to-day at
West.rn Union. llG4: Western Union. new
STOCK. 7g7; New York Centra'. l44s; Lake shore,
l2sh: Nhchigah Central iO9k Sew or III, L axe
Western uref, rred, ss New York, Lake Erie aud
Western seconds. l02s; Delaware, Lacsawann anna
Dci,ware and Hudson. lOs: Reading. 6l9; North
western. l22&: -. PAU, ll24; WABASH ana Ia
chic. TO-: Wabash and Pacific preferred, 50: Union
Pacific Ilsa: ST., X. aud T., 40; liannlOii
and s.. joseph, 57i. Hannibal and 81. 10 eph
inferred. l02; 81 Louis and Iron Noun
lain, cas-: ohio aud Mississippi Az "a
Tic's an fp Frnne,cc smmon AZ; San Fra9cco
pre fer ed. d5.; san francisco hrst preferred 30
Cenf,ol Pacific son: Rock Island, 1885, Che-a-
neaGe and ONO, 2is; Louisville and Nashville;
9la: Nashville and Chattanooga. 77s ontario ana
Western, 35ls; Manhattan Elevated. - iIIlhos
Central 1857: Canadian Southern, 7sh; Chicago,
harrington and Quincy. 1853: Denver and mo
Grande. Jog; ~. Paul and omaha 4O4; ~. Paui
.nJ on,,ho ur.f,. rrpd g6h: Erie AMI Western.
5llt. Cnic9go -. Louis aud New Orleans, 10,3'
Col. coal, So; Ohio Central, 30; Texas Paclhc'
574. r,.opy
BALTIMORE. Aprn l2.-Virginia c.. deferred,
ls%: consos, SIP; second series, 81; new lO'4Os'
81, Bid to-day.