The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-05-20
NAL sTREKT YESTERDAY.

WAL STREET YESTERDAY.
NV YORK May I9.-The Posts financial article
.f1.l0 T. n edition. SAYS: At the Stock Exchange
ueo STATES SonG' are rio su are U Nh 10 l04 ON
D,rcbo es 10 secure = per cents. state bonds are
MET aud firm railroad bonds are strong 81 an al
snce Of IA 2, Of per cent There were indlc tlons
vesterday IN Al there O be Downward reaction
In the stock market but The GU SIDE interest ! now
20 large. ana The foreign buN "i 5tth, 20 heAN
mai there Is 40 safety in celebrating what ordl-
nary rnes VIII govern. Thu morning the STOCK
market opened somewhat lower out 1 !.
IC:3O O'Clock became strong ana SO cuhlLu'%i
mill noon since which time there has been ifac-
iioral &c cline The early advance rangediio ga =
mr. cent. the latter oregon Nayigitlon winch WIN
Torthern Pacific, advanced "a for the preferred
u, 1,ciarv understanding has been reached BY
Nessrs Willard and Billings aud their respective a.
sociatrs that the present superintendent OF the
Oregon Navigation. Mr. 7. +. cakes. IS also 10 De-
come the general manger OF me Norlherh rarlnc'
Til, is the report ana authentic Information j. un
atfainanle After these stocks The largest rise
was in ontario aud Western IRON ns TO
3q7.-this on foreign buying. Inc trunk
inc stocks come next. and Of these Lake
Shore advanced TO 1925 Mr.. W. II; van
derbt starts from Europe iC-iay' ana the cut
ting af Iatts by the trunk lines Is said To be under
control of adjustment. The next strongest stocks
were Missouri Pacific and Iron Mountain, which
LATER Is convertible into the former IL appears
lh.t the Missouri Pacific has obtained tne control Oh
The Missouri, Kansas aud Texas without other con-
nit nent 10 lis stock han giving IL WHAT u earns
rho ARRANGEMENT Is considered good for The Mis-
souri, Pacidc. The notably strong stock Is Indiana
Bloomington and Western, which Is upto 1f5: re-
sales of the bonds OF ms conpany recehtS mar
Leie, are epOrted az l05MlO54. The other strong
| stocks have been Houston and Texas, Gulsvile
! and Nashville. Pacific Mail, ana >andusky ana
| cleveland The telegraph stocks are quiet. Inc
Elevated railroad stocks are less ALE cled 10y me 'tga
| investments which have surrounded them man was
| to have heen expected. The stocks hrsi declined
| 3kM4H and then recovered 70 4. Ne" iorh Ee'
| yaisd vas exceptionally strong, opening al = au-
vance and rising per cent. Inc money lharhet II !,
| already extremely easy AT 2M3 per cent Tor cal
ana time loans, and 3isG4 per cent. Tor the best
mercantile paper. The marker mere lOr LOT IHh eN
The foliowings quotations were current to-day
,, n.30 p. ii: Western Union, l2l's; Western
/ iIpton. new stock. 81; New Yo,k Central
| l5O1. Lake Shore, 1924: Michigah Central, IS
| New YORK. Lake Erie and Western, 49,; New lorh
| Lake Erie and Western preferred, 9Os; New I ORB
| i.acsawnnna and Western. 1881; New Jersey Cen
| trail. IO3s: Delaware and Hudson. 49,; Reading
500: Northwestern, 1855; IT. Paul IL rs; MaDasi
| and Pacific, 55S Wabash and Pacihc preierreu
Yinsi aud II. Joseph, 77'k Hannibal and y 10 cpl
nrefert Cd, ll2k: 81. LOUIS and Iron Mountain STA
| ohio and Mississippi, 46t: ohio aud MISSISSIPPI
| preferred, ia: Pacific Mall 06a; I. g. an'
Northern Pacific preferreI, slS Cen.ra
| pacific. 924; Rock Island, l44k; Chtsapeake an'
| ONO. go; Louisville and Nashyi le, lOe&: Nasn
Vile and Chattanooga ~; ontario anu Mes, ,,
I4i$: Canadian Southern. 7sa; Chicago Burling
ION and Quincy, l66dl67: Denver and RI
| Grande lOSX: 81. Paul anu Omaha, 40; y. Pau
| and Omaha preferred lo6; c. z. {. ana i'' ~
Erie and Western, 56A: Coz: toa,; pos ~ oni
Central. s5H; Texas Pacific, 67h; Texas Faeih
| l.. g., son. r,,opv
| BALTIMORE, MAY l9.-yirginia 6's, deferred, u
| consols. ga: past-due coupons, e0s; ne" lo'fo
53k. Bid To-day.