National Republican., 1882-12-21
THE MARKETS.
The Approach Of the Holiday Season Beginning
10 be Felt in Wall Street.
Dull Day and Little Trading-The stock
and Bond Lists.
A DULL DAY IN WALL STREET.

Special Dispatch
NEW YORK, Dec. 20-The stock market
opened quiet and steady, but business subse-
quently became dull and light and quotations
yielded fractionally all around. Mr.. Gould
talks as bullish as ever to-day, but Henry N.
Smith said he was temporarily in favor of q
dull and easier market until after New Years s..
Brokers reported but little borrowing demand
for stocks, which indicates that there was no
existing short interest of consequence. The
lending rate on stocks was to 5. The trunk
lines were very dull. The Delaware and
Lackawanna is known to be still cutting on
western and southwestern through freights,
and not being in the trunk line pool it claims
to be independent of Commissioner Fink. Cot
ton came over the Delaware and Lackawanna
yesterday for the first time via the Missouri
Pacific, Wabash Pacific, and Grand Trunk of
Canada. Howard Lapsley bought batch of
Wabash common early in the day, which stiff
ened the stock somewhat, but it was believed
that Mr.. Gould's man, Connor, was washing
the stock.
In st. Paul common Peters & Pell were the
largest sellers, and insi ders did not appear to
be bulling it,
w. G.. Wiley sold the most Western Union
Up to 1:30 p m. the trading continued light
and the market dull. The announced death
of Trenor w. Park had no effect upon the
stocks and it was understood that he had no
interest in the market. In the afternoon
money was plenty at 5 per cent.
There was large demand for United Sta tes
3's, with scarcely any in sight.
Exchange steady to firm.
At 2:15 p. m. speculation was stagnant, and
quotations generally down to about the low
est prices of the day. Delaware and Lacka-
wanna was somewhat pressed for sale.
A st. Paul, Mimi, dispatch says the state
railway commissioners of Minnesota says there
is no law prohibiting consolidation of the
Omaha with the northwest, and the stock
holders will probably request the legislature
to confirm such action some time this winter
or spring.
The market has been almost too dull to re-
port. At times there would not be an order
on the boards. The nearapproach of the holi-
days is perhaps one good reason for the dull
ness.
Money was plenty at sac.
1t was reported that Mr.. Gould had OBJ
tanned an extension of time for the construc-
tion of his Mexican railway.
The percentages of dry goods agents profits
for the present year are said to be less salts
factory than in 1881.
Mr.. Trenor w. Parks friends here say that
his outstanding "puts" and "calls" on Erie
amounted to less than 5000 shares, all of
which are fully protected, being Endorsed by
Mr.. J. G. Mills.
A later Rochester dispatch says the smashed
City bank was a state bank with a capital of
100000. 1t was a comparatively small con-
cern, but had fair business. The failure
was not unexpected and will cause no serious
results, except among its own customers.
Trenor w. Park died about week ago,
when two days out from this port for Panama,
whittier he was going for his health.
Rochester City bank, which closed this
morning, was only a small concern. The
asher, Upton, lost the banks funds in oil
peculations.
The market opened little lower on the re-
ported death of T. W. Park, who was sup
posed to have stock. His brokers say he has
been out of the market for several week.
STOCKS.
The following are the opening, highest, lowest
and closing prices of the principal stocks for the
day, corrected by special wire reports received
by Bateman & Co., bankers, No. s Corcoran build