National Republican., 1881-07-30
MINING STOCKS.
nANKERs' EXCHANGE.

BANkERb EXCHANGE
TbreCday hills .....- 4S5 Sixty-day bills ...... 4s3
NEW YORK. July 20, a. m.--The feeling was not
so bullish after the close last night and the aver
age impression Of the leading operators at the
Branch was that the market would settle down
again to-day A member of the firm of Kennedy,
Hutchinson Il Co. said he had heard indirectly
road differences would be held August 4, and mat
ters would probably be arranged. On the other
hand, it was reported from Boston that the West
bound freights had been reduced. and the st. Louis
tariffs for one class OF goods had been reduced
from 40 TO 10 cents and another from 4S TO 90 and
that the New York freight rates would now follow
suit Connor was builsh on tho more definite
news regarding the harvest and the large growing
demand for stocks. The short stocks covered up
yesterday were estimated by brokers at about
10000 shares. fully half Of which was for Keene,
through prominent Wall street concern, II
90 900 shorts yesterday, principally Michigan Cen
trail Jersey Central, and Lake Shore.
Gould and Sage were reported to have realized
stocks bought by their brokers in the morning.
The bear party ~ Jersey bought in 5000 OF shorts
through Demolt q Durant, schepp boughtin about
5000 shorts in Western Union
Keene covered up about 10000 shares Of short
Erie, The Willard party in Northern Pacific say
of 10000 shares.
A large conservative house telegraphs its custom
ers this morning that there indications that the
| best part Of the present bull movement has flown
and TO look out for lower range of prices again.
Finally all the small bear houses are said to have
| run yesterday, including several German and
| American concerns. which were short five or six
thousand shares each.
Kennedy. Hutchinson 4 Co bought 10, o,OooLaeka-
| wanna and Van Emburgh 5000 Lake Shore Late
in the day Hunt offered 5000 Delaware Lacka-
| wanna. and Western at l2lsE.
Pool Commissioner Fink says he has been petit
toned by Western roads TO call a meeting OF the
joint executive committee to fix up rates, but says
| he Is in no hurry about II.
The Chicago through Liverpool rates via Mon
treal are down 70 IS cents and the Grand Trunk is
making great push for the trade. This is the
| The Missouri PaciGc Comnanv IN. day adyertisa
the closing Of books Monday, August s, for sub.
scriptions for rights in extending tile Iron Noun.
| The Missouri. Kansas and Texas earnings in.
creased the third week in July $4,000, increased
mileage moi given; The Illinois Central has de-
1916 4. M.-The market was hammered at the
opening By the room traders on the fact that the
railroad war was still excited. The market Is now
iOgl6 steady, and looks as though II would be
| better.
1880 A. M-Accordingto Philadelphia telegram
| the bond party in Reading have programme for
the readjustment OF the company which will re-
| duce the fixed charges equal TO per cent. on the
stock. This party feel confident of remaining in
power, and say that the McCalmonts have not dis.
posed Of their stock or bonds, and further that the
Pennsylvania Central Road has no interest, directly
OF Indirectly, In the property or the management
| The new administration is working harmoniousy
In the interest Of the corporation and rise OF 70
points is predicted by insiders In the stock. The
bond people are already soliciting proxies for the
election next winter. Wabash preferred is loaniny
| atl.32.
| BY Associated Press.
NEw YoRR, July 29.-Money easy at "a
as per cent. on call, and closed at 2h per cent
Exchange weak at 4s2@4S2N for long and 4Si@
| iS4N for short sight. Governments strong, and "A
TO u per cent. higher. State bonds dull. Railroad
bonds generally strong and higher.
The stock market opened generally strong and
higher but in the early dealings prices fell off 40
| u per cent, the latter Missouri Pacific. Al the
hrst board the spec nlation became strong, and
with occasional slight reactions quotations moved
| up ward until after the second board Memphis and
| Charleston showing an advance of 10 per cent,
| Norfolk and Western preferred OF per cent? and
The general list OF 1lSsN per cent, Missouri Pa "a
| yo, Denver and Rio Grande New York Central, O.
| C. 9. n L., Lake Shore indianapolis, Bloomington
and Western, and Pacific Mail being prominent
therein. In the late dealings the market became
| weak, and closed at reaction Of L@l4s per cent
| which was mos, marked in st. Paul, Denver and
Rio Grande, Northwestern, and Missouri Pacific,
| The sales aggregated 427.lS3 shares, including
Delaware, Lackawanna and Western IL GOO; Dem
yer and Rio GIande, l5,7OO Erie, 23AOO; Kansas
and Nashville, 1900; Michigan Central, 1920;
Memphis and Charleston, 5000; Missouri Pacific,
1000 Northwestern, 1900 New Jersey Central,
2l,200 New York Central, 1900. Northern Pacific,
q 500 Ohio and Mississippi. 1900; Ontario and
| Western, 800; Pacific Mail, i5,dOO Reading 600
s. Paul 4vO0; Texas Pacific, $500 Union PaciAc,
li,6OO Wabash Pacihe. 26,lOO. Western Union, $40
STATE BoSDs.
oSS.SN g:. 4: @S5i * Sa.o'a' sS93'a:
Louisiana 3 edSsos sSH &c., e""s''V' Do. Ss sw.. ~
Missouri es''"''''" iiS VIginlA Gs,.....;;,,- 3,
N Carolina old" s6,i do cOnsolidd.
10 new""- e 1ooI =, eS mAlured eoap- sl's
suR,TREAsuRY BALANCES,
Coin s7'26Ssoa 90 Currency S'S''1Ss 90
Foreign Money MArLeL
LONDON, July 29.-Atlantic and Great