The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-07-20
2y TeIogrepn
NEW YORK.


NEW YORK July 49, Noon. Stocks 6rmer.
Money on cali. 3G3H DER cent. Exchange-Lons,
4s3k; short, 46Jk. state bonds dull. Govern
"I Fusning.-Money, 2%@9I per cent Exchange,
4S3a. Governments weak and lower; new b,s'
10lb; new ANS, ll4$; new - Ilo'' states uu'''
WALL STREET YESTERDAY.
NEW YORK July g-The Posts financial article
u;4O Z. VI. edtion) avs The speculative markets
Al he stock Exchange opened with the bears In ap-
narentIy complete control, they beti < favored by
York 10 Chicago to $40 tihe scllpers' price being
$500, aud by continued denorauIaloh IN '. ~.
be about what shippers choose TO Oner Al
though these considerations should properly
affect the ttubk-iine stocks more than any
other, there was evidently strong buying Of
Them and the weak points In market were
found 70 be Milwaukee and st. Paul, Denver ana
Rio Grande and Jersey Central. The hr5t named
VS. made easy prev for the hears BY the liquida-
ton OF the bull account In the stock ana us ais
ribution. The price opensd at 10, advanced 70
ll5L, and then took sudden plunge 10 LIVE
making decline Of l7R points within seven day9.
Denver and Rio Grande fell from 1855 to 100.
for no other reason IMAM mat proihlhe1t ine Gu
Der Of The -. Paul pool Is heavy holder OF ms nis
stock Jersey Central fell from 904 10 93%.
From these prices there was rally of rs IN ~.
Paul. 81 in Denver and Rio Grande, and ~ In
Jer-ey Central The trunk line stocks have been
thrown over freely by The general public,
but have been taken by some one so reaGi.y That
prices have declined but little which has been the
experience Of the last few days, and on %hich rests
the belief which Is growing stronger daily that The
BUYERS are those who nave control over tfunk. zine
railroad affairs The Gould stocks have simOy been
sustained and Il has been comparatively Ign work,
as those who are the chief sellers Of the market,
aside from frightened holders, who nave been uil-
loading. do not appear anxious 10 put themselves In
a position where the controller OF the stocks can
consider them fair game. The whole stock market
is vel i'm q very feyerish cOndi, Ion, United states
bonds are generally lover to-day. state bonds are
dali and steady. Railroad bonds are down 4N2a.
the latter Chesape. he aud ono currency osi ONO
Central frsts are down II 10 lOlH; ONO southern
6rsis 10 96F. The other declines are fractional.
The market for foreign exchange is weak but dull.
The following quotations were current To-Day al
2.3O p. NJ: Western Union, 90s; New York Cen
trail l43I: Lake Shore, l2lh; Michigah Central,
97A: New YORK, Lake Erie and Western, 435; New
York Lake Erie and Western preferred, SZt; New
York, Lake Erie aud Western seconds, lOlS; Dsla-
ware. Lackawunna aud Western, l2OA; New Jer-
sey central "a: Delaware and Hudson los
Reading, so; or.hwesfern, l23Rs: 81. Paul,
lIIH; WABASH and Pacific. 6!h; wabash and
Pacihc preferred, 9lT; Union Pacific, l21a;
NJ. X. aud T., 45%; Hannibal ana ST. 90
cidc Mai, 40; c. and c. /. C., %; North
eru Pacific common. 42a; Northern Pacific pre-
ferred, 81; san Francisco preferred. 10; Gem
iral Pacific, 94A; Rock Island 1889; Chesapeake
and Ohio 2S4; Louisville and nashville, lO73;
Ontario and Western, 344; MauhattIn Elevated
49,: Illinois Central, 1877 Canada Southern 6l
Chicago, Burlington aud Qaincy, 1859; Denver ana
Paul and Omaha referred. 1000; G., G., &. ana
J., 93E; Erie aud western 55's; Col Coal, oSE'
Ohio Central, 304; Texas Pacific, COX; Texas IA
BALTIMORE.
BALTIMORE, July l9.-Vrgiuia g. deferred
l51: cOnsols, S34; second series, 40 past-due c0u-
pOns 9lA new l0.40's, 05S. BID to-day.