National Republican. (Washington City (D.C.)) 1872-1888, 1884-03-19
THE MARKETS.
Securities Of All Kinds Decidedly Firm and
Hard to Get
Opinions Regarding the Future Of the
Grain Widely Differ.
SDccidl Dispaich.

SDCcidl Dtspuicn.
NEW York, March 1S.--The market
has been very dull all day with firm under
tone. The granger3 were tho principal stocks
traded in at higher prices. Union Pacific
and Pacific Mail were steady and Iacka-
wanna were weak. Gould stocks wore higher
There were no features Of importance in to-
days trading. Bonds wore steady. Market
closed dull and steady.
Well informed Boston parties telegraphed
last night that Union Pacific earnings de-
creased 100000 in January, $i50000 in Feb
ruary, and $l2j,000 the first week in March.
Harmed bought Erie all day, it is said, for
the pool.
Rock Island people say that an agreement
for pooling Northwestern business will likely
be made in fow days.
Opinions arc mixed as 10 the course Of
Pacific Mail movement. The holder of large
speculative block sold out. This caused
drop from 579 to SOL.
President Dennis, of united railroads of
Now Jersey, is quoted as saying that Pacific
Mail is worth par on its merits. He has lately
been a buyer for n long turn. Parties who
have been right on Pacific Mail say that it
will do TO buy on every reaction.
Chicago advices say thoy sec no hope for
wheat. except change Of weather. If that
causes bulge we believe IL sale. Corn dull
too early to bull it, except that it might be
influenced by advance in wheat. Provisions
quiet. Purchases on declines for turn need
quick handling.
Tho st. Paul statement for 1883 shows n
surplus TO the income account of SOD 19-
u gain of 81, 1851 whereas the gain for 1882
was reported vt 81, 2i3,i2i on some 300 miles
less road.
special dispatch from Chicago says that
no steps have been taken for a meeting Of tho
northwestern roads to-day, and that the pros
meet IL that tho roads will npht
The Boston Transcript says that there are
all sorts Of rumors accounting for the advance
in Now York and New England securities,
but oil that is known is that Connecticut and
Now York people are buying the bonds. Tho
rs advanced yesterday afternoon from 102 to
106 and the Is from % to % after the board.
Comptroller Dougherty, of the Denver aud
Rio Grande railroad, testified in the Dins-
more suit yesterday that since 1869, including
last year, tho Reading company by its show
ings OF earnings was not able to maintain its
guarantee of per cent. on New Jersey Cen
trail stock that the company ut present
had floating debt unproviled for of $500
600.
Counsel. for Dinsmore claims that in the
testimony of President Little and others New
Jersey Central was capable of earning more
than per cent. on its stock; that the lease to
the Reading company was i'll advised and
wholly in the interest of the Reading COM
pany.
Sales of stocks to-day aggregated 100, i37
shares, including tho following: Delaware
Lackawanna and Western, 81, 200; Denver and
Rio Grande, 1900 Northwestern, 1880; Pa.
cifc Mail 1900; Reading, $500; st. Paul,
225S0; Texas Pacific 1900 Union Pacific,
10000.
STOCKS.
Following arc opening and closing prices of
principal stocks, as corrected by special wire
reports received by Bateman & Co., bankers,
No. 1411 I street northwest.