National Republican. (Washington City (D.C.)) 1872-1888, 1884-03-07
THE MARKETS.
The Room Traders Have Possession Of the
Stock Exchange.
Business Exceedingly Dull and Rumors
Stale and Flat.
Enenfnl DfsnnLnh.

Special Dfspdtnh
NEW YORK, March 6.-The market has
been unprecedentedy dull to-day, only
$4,000 shares being traded in up to 2 o'clock.
Most of this was Union Pacific, Louisville
and Nashville, and Delaware and Lacka-
wanna. Majority Of active stocks and
higher. There was a fair demand for stocks
in loan room. Bonds quiet aud higher as
general rule. The market closed stagnant
and featureless save that Of barrenness OF
even rumors.
The only talk last night was on dizziness
of market and the Union Pacific report. Tho
usual objection to Union Pacific reports, that
details Of operations OF branch lines wore
omitted, were current. The directors of the
Union Pacific declared the regular quarterly
dividend of II per cent.
Vanderbilt points are to buy Lake Shore,
Lackawanna, and Reading. The Twenty
third street bull party are still bullish on the
general market, and say the increasing
scarcity and large borrowing demand adds
daily to the number Of people on their side
of the market. A Large bear party met last
night at the Windsor hotel and insisted that
yesterdays dullness meant q considerable
break in prices.
1t is reported McGinnis Bros. and Fearing
propose to settle at 80 cents on tho dollar-25
cents in cash and 25 cents payable in one
year.
Marvin Bros. give up 8. V. White on recent
sales of Lackawanna, and Mr.. White is un-
derstood to have paid off S2,OOO,OOO loan
this week
The Mills party is said to have sold here
and in London their holdings Of Erie securi-
ties, and IL 900 shares Of Erie arc said to have
arrived from London few days ago.
President Garrett of the Baltimore and
Ohio railroad, has notified the transportation
committee of the Baltimore flour and corn
nLn, Al,aNN In;r tUh uUnnf
investigating the matter Of Baltimore BUSH
ness, diverted to.other places by rate cutting
and asks that q speedy reply be given.
Baltimore grain merchants state that they
have been offered in the west twenty cent
rate by either of three lines to New York
as against twenty-seven cents to Baltimore
by the Baltimore and Ohio road.
1t is stated that Mr.. Vanderbilt will apply
for representation in st. Paul directory
next election on the ground that he holds
stock sufficient to justify it,
President Loveioy, of the Denver company,
will be here tomorrow. He will make an
exhaustive reply to circular of President
Palmer, of the Colorado Coal and Iron COM
pany.
The Boston Transcript says that Gould had
emily $4,000 Union Pacific in his own name
and proxies for 1000 shares. Fred. Ames
and Sidney Dillon have about 10000 shares
each, The report that Dillon will resign is
contradicted ON good authority.
Sales of stocks to-day aggregated 100,22
shares, including tho following: Delaware
Lackawanna and Western, $780, Erie, 1926
Lake Shore 4,4O0; Louisville and Nashville
4,91s; Reading, 6,060; st. Paul, 1912; Unior
Pacific, Bliss.
STOCKS.
Following are opening and closing prices OF
principal stocks, as corrected by special wire
reports received by Bateman g. Co., bankers,
No. 1411 + street northwest.