Evening star. [volume] (Washington, D.C.) 1854-1972, 1884-06-21
TRE DAY IN WALL STREET.
Comm odore Garrison Will have a Sur.
plus After Paying Up-The Rear On.
traitors and Vanderbilt Take a Rest.
Etc.


plus After Paying Up-The Rear OPP.
traitors and Vanderbilt Take a Rest,
New YORK, June q. Wall street.-It IS reporfsd
that the larger bear operators have covered their
short contracts, ard are disncliled TO do any new
business for the present
VIM. H. Vanderbilt is reported by his friends as
saying that he does not propose to take any hand
to-day.
Commodore Garrison's friends say that there VIII
be ample surplus after all his Indebtedness has
been liquidated
The earnings Of the Missouri Pacific and its SOUTH
western connections for the second week of June
were s5Sl 600, exclusive OF Wabash. The Wabash
earnings were S2s50O0, the same as last year.
Conservative brokers are exacting cash margins
OF 20 per cent from their customers, which doubt
less prevents many small operators from taking an
interest In the market.
Officials OF the Louisville and Nashville road say
that the interest due July lst On the New Orleans
and Mobile division Will be paid
OPENING STOCK QUOTATIONS.
1920 a. m.-0pening stock quotations. Canada
Pacific, 42;;'Canada Southern, SO d: Central Pacic
50; Chicago Burlington and Quincy, lOs2l; Della.
Rio Grande, g. Erie, 1917; do, preferred 81: Illinois
Central, 114s; Kansas and Texas, 1875; Lake Shore
@ f fculSye N,Ilenr, and pSs Sssave Mcngan cs
preferred, 434; Northwestern, s7t4 do, preferred,
100; New YORK Central 9sa; Ohio and Mississippi,
l1s4; Pacif1c Mail, 36x Pullman Palace, % & Read
ing, aass; Rock Island, lO2 St Paul, 64s ST Paul,
Minnesota and Manitoba, 81; St Paul and OMAHA
Pref,erred, ed, ss sdo Union Pacific ss9 Wabash, ST
ANA' uAAa ptNAciituS ASS1s hCclNlu SulOus
55A; Northern Pacific, ls1.
TEXAS AND PACIFIC.
11:l2 a-m.-The directors OF the Texas and Pa
clnc railway company have directed the ISSUE In
Scrip in accordance with the terms of the MORTGAGE
for twelve months interest at the seven per
cent per annum, TO July /, 1884, on the income and
land-grant bonds OF the company. This scrip Will
be issued TO the holders OF bonds as registered on
the books at the close OF business june So 1884, and
VIII be deliverable on and after July Goth. Regis
tration and transfer books will be closed from July
lst to Goth, both inclusive.
RECEIVER.
1l:20 a. m.-Wm. Sample, of Pittsburg. has been
appointed receiver OF the Cleveland, Delphas q 81.
Louis railroad. The last financial statement pub
lished showed capital s5as o0O funded debt, Oo
bills payable, sSO,S59; sundries, $4,000.
EXCITEMENT IN THE STOCK MARKET AND A RISE IN
PRICES.
The stock market opened weak this morning ana
soon declined Il TO H per cent Before the first cali,
however, there was sharp change for the better
brought about by an attempt on the part OF the
shorts & % to cover The attempt proved unsuccessful
The borrowing demand for stocks is enormous ana
as high as s125 per diem has been paid for the use
OF 100 shares or Lackawanna. Missouri Picific and
Lackawanna were the great features, the former
rising 95s per cent to 100 and the latter So TO IQ5
The advance in the remainder OF the list ranged
from TO per cent. The dealings were attended
With great excitement
REACTION AND A REBOUND
Noon.-Stocks were weaker after the sharp furry
this morning, and prices declined to 8 per cent,
the latter in Missouri Pacific. which returned to s5
This was succeeded by hrrner tone and rally OF
to 213 per cent Missouri Pacific being again
most prominent AT the present time the market
is quiet.
THE TEXAS PACIFIC MEETING
12:35.-The directors OF the Texas Pacific Railway
company met at noon, and adjourned over until the
early part of next week Nothing was done con-
cernlng the payment or passing OF the July interest
Mr. Gould was not present at the meeting II is
officially stated, however that some ARRANGEMENTS
will be made TO take up the coupons as they fail
due The earnings OF the company. IL Is claimed
are now in such condition TO warrant the state
Inent that during the next five months the COM
pany will more than earn its fixed charges.