New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-10-04


Der 30 and the corresponding week Of 1881 tbs =
tai shipments from Chicago Of flour and grain az
the portions of those totals which were carried r.
the railroads for the same weeks:
SHIPMENTS OF FLOUR, GRAIN AND PROVISIONS r,o~
l. CHICAGO. H
M Esos central 80 s ss s ss5 Dee Da
Lake Shore, tons........ 1877 $3.50 Dec. i0vH
Pan Hands tons :..: s4ss $sss Dec asH
a ss' P9 Fs 2so s ss sS ss S B B:s
i for the Sn week q ,'luo. 4Ssss 2sA57 Dec n
%sic rand and ran, GDis' so,4os 72,6Is Dec 7n,
bbis.. 80. ea2s2 1896 Dec 1924
water shdra tons. 6L3is 6s,4s9 Dec m,
| Portion carried by rail.
tOn9. .-..-.-.-.--. 3O,bO3 ll,bzb Dec. 1871
The total receipts of -four and grain at Chicago
and Milwaukee for the same weeks compare as FOL.
lows:
f 5Ga@1 5sI 4ssI1s Lee Tss ,s
The peculiar feature IN the foregoing statements
and the one that is likely to lead to trouble when
the companies come to attempt making an agree.
ment on the division OF traffic. is the diff.
ence in the percentages OF the whole bai
ness done compared with that Of preceding yearx
The changes shown by last weeks business
which are not exceptional, as follows: Percent.
age of the traffic for the week ended September 80
1881 and 1882 tivey-Miehigan Central, 2l3
against 1855: Lake Shore, 34.5 against 22.7; Fort
Wayne l49 against $685. Pan Handle, 12l
against l42. Baltimore and Ohio, rs against as,
Grand Trunk 90 against o. Those changes ans
made more conspicuous by the table above showing
that for the week of 1851 the Lake Shore and
Michigan Central companies carried 1s,67S tons
more than the Fort Wayne Company, and for the
week of 1882 the excess was only 1868 tons and
A. h. of =. fha Tort Wen &C.
pany gained 348 tons while the two northern
roads mentioned lost 1G.447 tons. The fact that
large portion of the gain and loss was due to q
diversion of the Erie Railways business from the
northern railroads to the Fort Wayne Railroad
will not help an agreement as to n division Of
traffic particularly as TWO new lines out of Chicago
-tse EIes extension and The Nickel Plates
Railroad-are about to open for business.
The stock market this morning opened as Il
closed last eveniDg-feyerish and unsetted-snd
Immediately following the first transactions there
was sharp decline in prices that carried them
in some cases below yesterdays lowest figures.
Gut it proved to be the bears" days
for realizing profits after the early orders for
sale of long" stock had been executed the market
put on n steadier appearance, then strengthened,
and as it did the purchases for tie short ae-
count became moro numerous, and under that IN
held good to tic end. The buying also was
stimulated by some rumOrs of nature that vera
considered favorable for higher values. 1t was re-
ported that settlement of all disputes between the
Manhattan Elevated Railroad and the Metropolitan
Elevated Railroad had been reached by deal in
the Louisville and Nashville stock, which will be
developed 10y the result of tomorrow's election for
officers OF the Louisville and Nashville Company.
The report stimulated the buying OF Louisville and
Nashville stock that its price advanced from OF
1854 to 5905SI2, and the price of Manhattan
Elevated rose from 49l2 to 50l. The sharp rise IN
Louisville and Nashville a stinrlant
to the whole market. A principal IN Tue
Elevated Railroad litigation, however, Is
authority for the statement that the report IL
as unfounded as was the report to tho same effect
which few weeks ago was circulated In cohhec-
ton with the large sale of Hannibal and ST. Joseph
stock, and that there have been no negotiations
looking TO q settlement further than approaches
made to know the terms. it also was repOrted--and
in the last half hour-that the Secretary OF the
Treasury was going to order weekly purchase Of
$5,O0OOOO bonds in addition to the offer TO redeem
$5,00O0G0 per week of the 117th
call ii the action of the Treasury
was guided solely by its own co ndition
the figures furnished by yesterdays statement Of
the pablo debt would be sufficient
refutation of that rumor. Finally money
dropped to 9 per cent during tho
last half hour of business and that furnished an.
other stimuant for the covering of " shorts y and
to II moderate extent, Tor ventures on the long"
side. Resuts-a practical liquidation of the
" short interest, so far it represented By
room traders, and closing that was strong close
to the highest figures Of the day
The dealings in Government bonds were small
and presented no features; the market was fairly
steady, with bids for the GIGS up ls per cent. An
nexed are the closing quotations: