National Republican. (Washington City (D.C.)) 1872-1888, 1881-03-31
MONETARY MATTERS.
FINANCIAL AND COMMERCIAL NEWS.
Wall Street Transactions-The Latest Quotations
In Stocks and BoRds-NeW York and Bal.
timOre Produce Markets-London
and Paris Money Markets.

The following observations on the transactions in
the financial market yesterday, together with open.
ing. highest lowest, and closing quotations, are fur
nshed by the banking house of Il d. Cooke, jr., Co..
li2S street, Washington. D. c.:
The market to-day has been lower than yesterday
and eXceedinglyshacti The range of fluctuations
has been very limited aiFf scarcely large enough to
embrace commissions. AL the close threefths of the
list IS up Is to per cent the latter Denver and Rio
Grande, being the only stock that has varied more
than per cent since opening the rest of the list hay
ing changed only fractionally. The remaining TWO
fths of the list has declined u to q per cent. The
market Is absolutely void of outside pressure, and
there Is no important news TO record Thus far only
100000 of the 100000 April interest the public
debt has been drawn from the Treasury under the or
der preparing the same without rebate which went
into effect Monday morning.
In recent article dwelt to some extent on the
many damages and consequent expenses and delays
caused by so severe winter as the one from which
we are just emerging Perhaps 1t would be appropri-
ate to refer again TO the two-fod danger of heavy
snowfall Not only does its coming block traffic and
necesstae expenditures, but its disappear
ance also may be regarded Of great danger
to railroads property. Should the change from cold
to weather be at all sudden spt to have
many alarming foods throughout the country, which
may cause very serious injury TO road-beds. All
through the entire country there are immense guam
titles of snow and ice which, acted upon by mild
weather for few days, would pour forth great vol
successfully carry off. Hence We are likely to have
disasters of which the recent freshet in the Platte
gion is a fore5hGdowfng. With the many roads which
have lost money, failed TO meet expenses, and in
debt account of the past winter series of
floods would be terrible event 1t seems at least
prudent that in investing in certain stocks at the
en nigh figures the possibility should be given some
consideration. There have been great many wash
sales Change lately. and the business has been
trfing and of unsatisfactory nature very few of
the old dealers doing anything but looking on. The
trade seems TO be confined mostly TO that class known
room traders"
The earnings of the Chicago and Alton for the first
week in March $1OOS2l; decrease, sioO. Second
week earnings, $1E2 2S; decrease 49, 49, Third week.
earnings, Slc0,395; decrease, 81, 1856.
Money has been procurable on stocks to-day at 596
per cent Time money offered at per cent.
Total sales: Pacific Mail 400; Western Union, ,700
do extended zee; Northwest 790G do preferred, 1OO
Rock Island, 1890; st. Paul. Is 90 C. C. & l. c., S00
Erie 5000 Hannibal and ST. 10. 200; Lake Shore D.
100 New York Central 3C0G Ohio and Mississippi
9O0 Union Pacific 10000 Michigan Central 3iOO; Del
aware and Hudson, 1000 New jersey Central, G,70J
Delaware. Lackawanna and Western. $500.