National Republican., 1884-04-09
THE MAI X IfrS.
The News From Speculative Centers Dull and
Unlnterts ing.
Stocks and Cereals Sluggish Bat Fai
From Weak.
Spscidl DfsDdtcn,


NEW YORK, April s.-The market has been
strong all day, with Union Pacific the prin-
cipal feature. Short covering was large and
there was some long buying. other stocks
which were active and higher were Western
81 Union, st. Paul, Lake Shore, Lackawanna,
and Reading.
Tho Gould stocks, except tho Western
Union, and tho Vanderbilts, except Lake
Shore, were dull and featureless The
grangers wero steady and the coal stocks
strong.
Cammack's brokers bought many stocks.
Market closed dull and strong.
Boston houses have been large sellers of
Union Pacific on the idea that Chicago, Bur-
lngton and Quincy new stock will be used to
build lines in Nebraska. II. L. Horton g.
Co. were large sellers.
The feeling on tho market Is mixed-bear
talk on Western Union and Lake Shore bull
talk on advanced freights and increased
traffic, and bear talk on canal stocks
Cannot hear of any combination made by
Vanderbilt and Gould to sustain the market,
as reported on the street yesterday.
The Philadelphia Press says: "a number
of stockholders of Northern Pacific have
held private meeting to consult on some
plan to depose President Endicott, who they
allege is greatly iniuring their prosperity by
imprudent administration"
Denver officers say the announcement oftho
election of the Loveioy ticket is premature,
although it was so stated at that office day.
No definite advices have been received by
any of the different interests.
The Mobile and Ohio railroad is exchang-
ing $1,000,000 por cent first mortgage ex-
tension bonds dated July 1, 1883, payable
July /, 1927, for Cairo extension bonds now
outstanding, and o present lion upon Ken
lucky and Tennessee railroad of 100000 or
thereabouts for the completion of the Ken.
lucky and Tennessee railroad in excess of
the amount provided for by issue of Cairo
extension bonds.
Kiernan's Boston special says: "We are
officially informed that no conference of the
Union Pacific and Chicago, Burlington and
Quincy officials takes place to-day. 1t ad-
journed on Friday last, subject to the call OF
the chairman No call issued"
There was some selling of st. Paul to-day
on Boston story that new Chicago, Burling-
ton and Quincy stock will be issued to build
into st. Pauls territory.
A Chicago, dispatch says "Grain market
slumpy, cold and weather scared buyers.
Exporters now bearish."
Directors of tho Chicago, Burlington, and
Quincy say negotiations with the Union
Pacific for settlement of Nebraska business
brought q number of most delicate point!
which delay quick settlement The tripartitI
agreement and the Chicago, Burlington and
Quincy extension are the main stumbling
blocks.
The bonds for subscription to the capital
stock of the New York Cable Railway COM
pany were opened at the Wall street bank,
New York at 1890 this morning. The limit
of 100000, fixed by the rapid transit com
mission, were more than subscribed. and the
books consequently closed before 11:3O.
STOCKS.
Following are opening and closing prices o
principal stocks, as corrected by special wir
reports received by Bateman & Co., bankers
No. 1141 street northwest: