The Dallas weekly herald. [volume] (Dallas, Tex.) 1873-1885, 1883-09-13
COMMERCIAL AND FINANCIAL.


New YoIK, Sept. 6.--Stocks opened steady
at a decline of 1,8 to is in the general
list, and In Reading. All coalers are lower.
Southwestern and Western Union were
well supported.
Governments steady; states quiet; rail-
ways firm. Stocks steady after IL. Toward
noon the market advanced 1.8 to l. There
was considerable activity on the way up
Western Union, Louisville q Nash nile;
Union Pacific; st. Paul, Lake Shore ana
Oregon Transcontinental were strongese.
The stock market was weak and depressed
in the early dealings, and fell of Ia to l l-o
for the general list and IL to for coal
shares. The weakness later was due 10 the
fact of the validity of the lease OF the Jersey
Central to the Reading is to be contested.
This caused sales by the bears and also
for "long" account. Before midday
firmer tone prevailed, and the market
was once more on upward tone. Inc I'M
nroyement in the afternoon was more
marked than for any day since the change
In the temper of speculation TOOK piace.
Round amounts OF stock were freely taken,
both for investment and on circulatlve ac-
count, The advance ranged IL 10 90,
Northwestern, Chicago, Burlington q
Quincy, St. Paul, Lackawanna, Louisville
q Nashville, the Trunk Lines, vlllsios
Southwestern and Western Union Leading.
The last named was the prominent icature
of the market, rising to 81 and closing al
the highest point. the advance being occa-
stoned not only by the reiteration OF re-
Morris that q compromise in the Williams
suit had been arrived at, but also by semi
official statements that the company was
handling more messages than ever before
and that the usual quarterly dlVialeno
would be declared next week. trunk line
shares were conspicuousln the late oealsngs
on announcement that the meetings oi tne
representatives this afternoon resulted satl;-
factori,y, Changers were strengthened Dy
continued favorable crop advices. me
large earnings of the southwestern roaus
f.r the fourth week of August, especially
Missouri Pacific and Texas 81 Pacific, have
had the influence to advance those stocks.
Missouri Pacific directors Have. declared
dividend OF 3-4, payable october lo'n, me
books to close September ~ anu AM reopen oc-
tober I'd. Transactions, 49l GOO shares.
Money easy: 2; prime mercantile paper,
< 3 to 6 IL; sterling bankers 4Sl IL; slght.
4S5 IA; 3's 1903 IA; AS coupons, liz La; AS
coupons, 1898. o.
Texak Central, 81; Missouri, Kansas ~
Texas, 90 3d. Missouri Pacific, loo 90;
Texas & Pacific, 30.
NEW YORK MAhlNhIs
New YORK, Sept. 6 -Beeves receipts, two
carloads. several carloads Wednesday;
arrivals fair; five car loads prime Kentucky
steers sold to exporters at So 50; dressed
beef sold fairly; IL to Ii for native
slaughtered; 8 to 0 for western dressed; g IL
to IL for Texas and Colorado stock. Sheep
receipts, 400; steady; .S4 to, So for sheep,
Sc to 81, so for lambs; dressed mutton, 70
10 10 dressed lambs, ~ 10
10 r. Wheat, spot. IA to 81 h5gneI;
options to 3S higher; steamer.No. 3, red,
734. No. 3 red, $i10 to $1.10 Ia; No.
red. S1.15 TO $1.15 IA; elevator, li6 10
81. 16 l-2. Corn spot, unchanged; options
opened 10 to "a higher, closing steady;
nnpraded 81 to 81; No. 3, go; No. 2, 81 IA,
elevator and store; 81 to 81 2, afloat. Cor.
fee quiet and unchanged. Sugar quiet ana
steady; refined strong: extra y, 10 10
7 IL; white extra G., 75S, mould, oS.s %
IL; coniectioners' A., S5'S; grannpiaps ari,
ouiet and firm. Cut meats dull and nom
inal: long clear, 71-2. Lard firm; SS.4o to
$3.50
! Sr LOUIS, Sept, 6.-FloDr unchanged
Wheat closed strong and higher; active
! No 2 red, $IOl to S1.02 Ia, cash and sep.
tenn Der; 81 .03 1.8 to 81 GA IL, October; 81. w
SIS to 81 OILS. November. Corn higher
Init slow: is IL to As A; cash. 45 3.S to Al
10, Septcm Der; As to As l.S, October; AZ Id
to s33.S, November. Oats higher and firm
inactive; &c TO % l-2, cash; % II to 20 rs
September. Whisky steady, Sill Corn
meal dull; So 10 to S2.15. Pork slower, ST.
Bulk meats quiet; long clear, 6O: snort
rib. 6 20; short clear, $50. Bacon easie
long clear. Z l-S to 7 IL; short RIB, IL
! short clear, IL to Z So. Hams, IL TO 10
| Lard nominal. Cattle receipts, LOO. Al
good grades in fair demand at inil prices
| Texans rather scarce; firm, $50 to "a
mostly 1915; best Indian steers, 81 to "a on
! export, So so to $6.15; good to choice ship
ping, SIS. 30 to 1915; common to tar, 81 D
S5T5. Sheep receipts, 200; steady; com
mon 10 medium, SO so to 1915; fair to COCO
SIS 80 to 81. prime, 81 to 81 so; Texans, 81 b
to 1915.
CHICAGO MARKET.
CHICAGO; Sept. 6-Csttle receipts, LOW
moderately active and steady; exports
Sc 90 to $685.; good to choice, 80 Az TO % W
common to medium. $500 to S5.l5; rang
Steady: grass Texans, $3.50 to 81 %; win
tered So 90 to 81 IS; Americans, Si.l5 e
az 10 Sheen receipts, 200; steady; low
grades dull; inferior 10 fair, $40 10 500
good, S425; choice, S4 40.
KANSAS CITY MARKET.
KANSAS Cry, Sept 6.-Wheat steady
M 2 red, 81 cash; 81 58 to IS, active; Z
November. Corn steady; 80 to S63 cash cash
1878 bid October. Cattle receipts, 2,lUy
steady; fairly active and unchanged
Sheep receipts, 225; unchanged.
NEW ORLEANS MARKET.
NEW ORLEANS, Sept. Coon dali; white
l57 10 So, yellow, 60 10 81. Bacon, long clea
land clear rib in fair demand at low rates
l75oto770 Others steady and unchanged
Exchange firm and unchanged.