National Republican., 1883-03-22
THE MARKETS.
Another Day Of Dullnoss and Inactivity in the
Stock Exchange
No Prospect That Things WIN Improve
Until Money Is Unlocked,
GOSSIP OF THE DAY.
.Snecinl Dispalch.


New YORK. Mar. 21.--The uptown resorts
last night showed but little interest in stock
market. Speculation has became so dull and
the trading is so light that little is now said.
Brokers report that there is still good bor-
rowing demand for Reading, New York
Central, Laciawanna, and North Pacifcs,
but there is none for the Gould stocks.
Dealers in money say that while there is
now naturally scarcity and stringency, it
is known to be assisted by several banks and
large concerns in the bear interest. The
outside supply is extremely light.
A prominent Nassau street broker lentWoer-
ishof1er $4,000 at 10 per cent which was never
sent for, yesterday. number of similar cases
were reported.
The money manipulators are paying for the
use of funds without drawing them. The bears
predict that stocks are drifting into general
liquidation, and some large blocks of various
securities are liable to be thrown from the mar
ket any day.
Gould is at Palatka Fla, and will not re-
turn before tho first proximo
Dry goods men report that orders are con-
stantly increasing and the outlook is clearer
than for weeks before and that fewer ankle
ties are felt from any source.
Foreign exchange is barely steady.
Cotton opened steady at last nights figures,
with light trading.
Tho Oil City petroleum market opened
steady at $l.064, with heavy transactions. The
board will adjourn between 10 and 2 to-day to
vote on the subject of closing on Friday and
Saturday.
A Chicago telegram says the thermometer
is 23o above and it is showing.
Stocks are dull and there is very light
trading. Loans on stock renewals are ut IL
to 10. There is no trading in money reported.
Tho Illinois Central railway will begin soon
to construct new line TO st. Louis, which
will compete with the Chicago and Alton.
A Philadelphia dispatch says the Pennsyl-
vania report for February, including all
branches, will show an increase of $50OOOO.
1t is reported that Woershofier has bor-
rowed 100000 from Sage this morning at Is
per cent, and Woerishofer predicts 25 per
cent. as the rate this afternoon,
Governments are dull, but with no selling
pressure.
A London cablegram says that there is no re-
nowed inquiry for gold for America.
The Paris bourse is feverish, and rentes
have fallen 30 centimes.
At 1910 sterling was weaker; prime, 4s0l
to 4s3
1t is reported that the Omaha Railway COM
pany proposes TO list $750000 consolidated
bonds on account of fifty miles of road COM
pleted to connection with the Northern Pa.
cifc at Superior City.
A Montreal dispatch to prominent Broad.
way house says there is good authority for the
report that the Manitoba railway will declare
% per cent. bonus in bonds.
The Farmers Loan and Trust company OF
New York says money will be much easier to-
morrow.
REVIEW.
1880 p. M.-London dispatches this morning
reported American railway stock generally
fractionally lower, in sympathy with the de
cline and dullness here.
The stock market opened dull and very
quiet, and prices fell on u Z as they com
pared with closing rates yesterday. -
In the early trading the Vanderbilt brokers
supported st. Paul, the room traders hammer
ing the market.
Van Emburgh & Co. sold Louisville and
Nashville down per cent, and WOershoficI
bid up money, which lent at II to 10 ON stocks
and to on government bonds.
Government bonds are dull. Exchange i:
weak and barely steady. A cablegram thi:
afternoon says that 100000 sterling was
shipped to-day to the British Bank of North
America from London. After noon sterling
was reduced by Brown Bros. to 4Sl to 4s3l
On the second call stocks were firmer, but
very dull, with money at 16 per cent A few
stocks were bought this afternoon ON buyer
3O1 contracts per cent, above the regular
prices. The room traders were disposed tt
bull the market at 2 this afternoon, and price.
hardened and were higher than during the
morning
Considering the money stringency the
bulls say that the goperal market holds ou
very we'll.
At 2:30 the speculative tone was stronger
on the return of Secretary Folger to Wash
ington to-day, and rumor that he woult
take some action to case the money market.
The Union Pacific earnings for the frs
nineteen days in March show an increase o
$114,7si.
Money at on the last loan, offered at
after the close.
Tho stock exchange resolved to adjourn
over Good Friday, and the cotton exchangJ
will adjourn from the closing of Thursday
until Monday morning.
LONDON, 1890 p. m,-United States SIS and
As, lower; Erie declined / (; New York Cen
tIal, t Illinois, / st, Paul, Il Reading,
Ontario and Western, !.
SpCotal DiSpaich
New YORK, Mar 2l.-1'he following flg,
ures, obtained from Robert Bruce, 62 Broad
way, show the amount of. grain in store in
Chicago: Wheat, 5,067,42l corn, 5425,9l5
oats, 1886, 400; rye, 772,72l; barley, 146GO5
STOCKS.
The following are the opening, highest,
lowest, and closing prices of the principal
stocks for the day, as corrected by special wire
reports received by Bateman 81 Co., bankers,
No. 1411 l. street northwest:
Nam, ol.,..s LII !