The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1883-03-07
Commercial and Financial.


New YORK, March 6.--Stocks opened at
] to lower. During the past hour the
market has been heavy declining to
from the opening.
Elves extended, l,10i; 4ys l.12l; As, cou-
pom, 10; 3's, 1.0ls; money, "a; bar silver,
.10Igovernments lower for As; otherwise
unchanged; states neglected, railroads ir.
regular and generally higher.
Stocks.-After II o'clock the general list
advanced to ], but the market subse-
quently became weak and at u m. sold
down TO !.
Governments weak As and SIS lower,
1l's and 3's unchanged; railroads Irregular
and generally weak; spot securities neg
lected. The decline in Virginia 6's, or ma
tured coupons, is due to tie decision the
supreme court rendered yesterday. The
stock market was dull and heavy during
the forenoon. Between II and ! o'clock the
III lrket became somewhat active, and prices
were steady. In the last hour it wac dull
and steady for the first quarter but
after that became more active and weaker.
declining until the Close which was at
the lowest prices of the day, which were !
TO lower than the closing yesterday. The
weakest stocks were st. Paul, Lackawanna,
Northern Pacific and the Southwestern
system. The lease by which the New York,
Lake Erie IL Western railroad assumes
control Of the New York, Pennsyl-
vania & Ohio railroad has
been signed. The Erie agrees to work the
road ut 6S per cent. of its gross earnings
with proviso that when the earnings
reach a point where the road can be worked
at 90 per cent. the Erie will be allowed to
work it at that percentage, but never less,
which is TO be the minimum. The
lease is for ninety.nine years, covering
all property. The Atlantic Il Great West
ern road is to complete their purchases Of
equipment and spend annually not less
than 100000 out OF their funds for inn
provements, etc. The Erie has agreed to
improve the property as the business re-
qulres, charging 5per cent. interest thereon,
to be paid by the Atlantic IL Great Western,
Money, to 10; closing, to 0; prime mer-
camille paper, 9 TO O.; sterling exchange, b.
b., steady, 4,Sl sight, 1884; per cents,
l.0ib; extended SIS, 1,05i; 4t's, coupons,
LIZA; As coupons, l,ls5
NEW YORK MARKET.
New YORK, March 6.--Elour dull and I'M.
changed. Wheat, cash lots, to / cent
lower; options opened | to 1 better, but
afterwards lost the advance and declined !,
closing firm; No. 3 red $l.1Si; steamer. No.
. red, $l.l9l to l,l9i; No. 2 red, $l.2ll to
LII. Corn opened 10 / higher, alter.
wards easier, and declined to 4, closing
| stronger; No. 3, CIT to 63s; steamer, 69l To
III; No., Tot to II. Coffee quiet and un.
changed. Sugar quiet and unchanged.
Molasses quiet but steady. Rice demand
fair; market firm. Pork dull and easier,
| $3.50 to Sl9.35; cut meats dull and easier;
long clear, Sl5l0i; lard stronger st ll.45 to
LIN.
CHICAGO MARKET.
EUIrACp March IL Elnnr Inll apJ ,n
changed. Wheat dull and lower; regular,
$l0Ss March, 81 o9l TO Sl.ooa; April,
SLlit to Sl.Al; May, No. red, Sl.O2i.
Corn inactive and lower at So to 5Si, cash;
5St March; 5Ss April; 62s May. Pork, active,
but lower; SIS cash or March; SIS ~ TO
$lS.2ll, April. Lard, active but lower;
ll.20, cash or March; ll.32l to ll.35, April.
Bulk meats, in fair demand; shoulders, u;
short rib, TO- long clear, 1925.
Hogs, receipts 1900, unsettled;
good to prime heavy, steady;
5000 to S7.l5 light, easier and shade
lower $500 to 81 Cattle receipts, 6.000;
active on shipping and export grades, 5 to
loo advance; butchers and canning, I'M
changed; exporters, so 10 to s6.i5 poor to
prime shippers, $3.50 to S625; butchers
cows, $3.50 to $l.25; steers, Si6O TO 1910;
stockers, $3.50 to 81 60; feeders, LIS to
500. Sheep receipts, 4 800; unchanged,
poor TO choice natives, 50 so to "a.
Nsw ORLEANS MARKET.
New ORLEANS, March Goats, demand
fair and price higher, 81 to IS. Pork dull
and lower, lOs; bulk meats, quiet and weak;
shoulders packed, n; clear rib and long
clear, lot, Bacon easier; shoulders, 81;
clear rib, III; long clear, III. Sugar
steady, with good demand. Mola.ses,
quiet but firm. Rice, in good demand, 8 to
az. Bran in good demand, but at lower
rates; Sl20. Others unchanged. Exchange
unchanged.
ct. LOUIS MARKET.
ST.. Louis, March 6.-Flour firm and un.
changed. Wheat opened better but de.
clined steadily 20 close; No. red, $l.l2s,
cash; $l.i2i to sl,l2l, March; Sl.l5 to SLID,
Aprii Sll1l to sl.l6i, May. Corn opened
shade higher, but dropped of; closed
lower; % to 5iA, cash and March, ga to ga
April; 90 TO 81, May. Oats closed easier;
~ to ijs, cash; at, April; ilA, May. Whisky
steady SLID. Corn meal uuiei;
500. Pork lower; Sls2o 70. sis 80.
Bulk meats lower, TO sell only;
small order trade done, Bacon easier; long
clear, l062l to 1910, short rib, 10 80 TO
1Os5; short clear, l1.i2i TO Ills. Lard
nominal Cattle receipts, 5000: demand
largely IN excess Of supply, prices firm; ex.
porters, 50 TO S0i0; good to choice steers,
$500 to 80; light, $3.50 to $3.50; common,
81 40 TO $40; good butchers steers, st5O
TO So good cows and heifers, 81 to s48O.
common, 1915 TO 50; stockers and feeders,
1919 TO IS. Hogs receipts, 200; higher
and firm light, $3.50 10 $40; packing,
5000 to $3.50; heavy, 1925 TO $3.50. Shseu
receipts, $50; scarce; medium TO fair, ~ "a