National Republican. (Washington City (D.C.)) 1872-1888, 1884-12-05
STOCK AND eRAIN MARKETS.
eould Reported 10 Have sold Ma Bioeh Of
wetrra Unies The Railroad Wars and
tsrsiaEs - Chieago and Baltimore QsOia.
Nlars

gsuld Reported 10 Have sold q BIs Bioeh Of
Western Unieu The Railroad wars and
tsrniars 90 chiesgo ssd Baltimore Quota.
tiops.
INV YonK. Dec The main card for
rise talked ahUR last night was Western
Union. and the talk was o, for II to-day and 6s
next week. Nobody took any stock In tho
rumor that Gould hal soii a batch Of Western
Union ~ the Rockafeiiov party, aud this was
simply regarded ~ nonsense, but others
oisimod Il hal some f1undation, aud the adj
vanoi vas based upon tho earnings Of tho
CumranJ A. an investment
The Trunk line managers said they had
nearly nniahfd their business and Newell, Of
the lake shore, aid they would rc.iorc cast
h1und height rates nom thloar1. Tbe agfoe-
meni Vas very like an Old pair Of hreeohes
that required constant patching, and the main
cause was the ven light business throughout
Iedyafd. of the Michigan Central, and Mr.
Mccullough u the pcnnsylvauia Central, also
take rather gloomy view Of the business uui-
look, and The latter kayH he regards the pros
| Poets Tor the winter a. mote unsatisfactory
The New Yofk Genital report was IN private
| circulation last night The business Of the
/ last fiscal yuaf shows hEislu0 earned on the
stock, amount paid Tor dividends T.59i00. Tho
/ rcport ~ the last quarter Is STU delayed by
the general decentralization Of rates The
| November earnings are sald 70 show a loss Of
Ngl.Op az cqmeared with last year,
| PINK received a dispatch from Nlfgely OF
Chicago. confirming Tho prpa reports that
rates had been ordered restored TO - Louis,
kansas ely, and Missouri riyct, with penal
| tics for cutting.
Judge Hilton denle. tho story tina, olors
have been made 10 stop the Asht bctwecn
| the West Shore and New York Central
The bulls on market believed the trunk line
stocks and the grangers would improve some.
| what Today on tile progress made ny ihg pol
commissioners yesterday, bu, they dldu't like
| icrrcd 10.
R1ilroad earnings: Canada Pacific, fourth
week In November, increase $1,000, and foi
| the month Of November increased $4,000
| Northwestern, fourth week IN November, de
crease slas'QO, and for the month % Noyem
| Dor decreased 3i0i, 900.
II 81 stated to-day that Maokey's telegraph
lines VIII, on Jan, l, adopt n general rate of II
cents tot ten words 10 all points they reach.
Tho New York Central has officially reduced
the rats 20 Cleveland and Detroit TO s7, A
ticket broker at the Astor house Is selling then
at 50.
4 prominent London house reports lnrg,
orders cabled here this morning 10 buy New
York Central, Lake shore, 81. Paul and Fri,
stocks and seconds. These were the strongcs
Americans In London to-day. The advance
IN sterling bills to-day was caused by lGrg,
purchases of bills for investment,
Largo blocks of West Shore tickets, mp /,
$1,000 worth, good until April l, were Offered
to-day at company's Office ut present low rates
The coal combination friends do not lOol
Tor any break or bad feeling In the combina
ton or any action taken by the Reading com
pany.
The. decline In Missouri Pacific to-day 4
thought by some people in the board to ind
The market opened strong on London cable
OF advances for all American stocks, especial,
the Erie second Erie common, aud the Van
derbllts, with the grangers very active ant
buoyant on reported settlement of the cas-
bound freight difficulties Northwestern an,
Eric led the advances. Just us;ho boom 20
well under way, Missouri Pacific began DC
Ginning. and on large sales (oyer 10000 shares
, lost ~, sustaining orders checked a turtle
decline, and Missouri Pacific rallied to .,
Then the general list grew very firm, but trad
ing slackened toward noon. The morning
work aggregated 100000 shares, with gains 4
Il of Erie, Lake Shore, Union Pacific; other
about at the opening except Missouri Pacific
During the afternoon the feature was unio
Pacific on very favorable reports of Octobe
earnings. There was good buying OF stock Il
the best prices of the day, but there seemed {
bea rather free supply, and reaction followed
Whereupon the general market again becam
dull and sagged until $3.50. In the last ha
hour prices were fairly firm and the closin
tone pretty steady. st. Paul was especial
strong and Northwestern little tired. Til
Nanderbilts were noticoably steady. To-moI
row market looks like opening slightly highc
and selling oil later.