National Republican. (Washington City (D.C.)) 1872-1888, 1884-03-12
THE MARKETS.
speculation Weak and the Dealers Uncertain
What to Do.
railroad Earnings FOR the Past Month
show Decreased Earnings.
ISnenfnl pisnnknh.

SDecfd, Dtsp1tch.
|. NEW YORK, March 1.-THE market to-
lay has been dull and lower, except for Now
York Central which was high up on the
heets. Union Pacific, Central Pacific and st.
Paul were tho favorite bear cards, although
here was some hesitancy about putting out
ong lines of stock. There was II general
,earish feeling on the trunk line situation
Northwestern affairs and decreased granger
EARNINGS. Better active stock than tho fore
yoing wero Delaware aud Lackawanna,
Northwestern, Erie, Lake Shore, and Missouri
Pacific.
Bonds steady. Market closed dull with de-
slines of about from opening
The principal boar point appears to be the
lcmoralized trunk line rates. The railroad
presidents will meet Friday and probably go
through the usual farce of agreeing to main
,ain rates which the wicked freight agents
Immediately burst up.
The special meeting of Wabash stock hold
ors is alleged to be for tho execution of
mortgage to the Iron Mountain company in
order to secure tho latter for its guarantee of
Wabash collateral trusts.
The earnings of West Shore this month
show daily increase over operating ex'
penses.
Vanderbilt and Gould brokers talk bullish
z and say there are orders to take all the stocks
I the bears wish to sell.
Rumors in regard to sharing commissions
have been current in the stock board for
y several days, and there is some talk of an
+ Investigation.
1t is probable that tho Northwestern road
will show for the first week in March de-
: crease of fully $4,000 in gross earnings
w. b. Wheeler & Co.'s Chicago special
reports warm rains there, and warm weather
this morning.
New York wheat opened excited with gen.
eral selling but supporting orders for May
wheat steadied the market. Corn was Of
fered down, but, shorts covering, rallied.
May wheat opened lower. May corn
opened lower.
The earnings of the st. Paul railroad for
the first week in March show decrease of
! $55, 1924.
1t is stated on good authority that the
Western Union statement for the meeting to-
morrow shows net earnings considerably
larger than those of last year. The operating
Expenses for the quarter have been larger
than last year on account of an unusual
amount of damage by sleetstorms to the lines
A Boston special says Union Pacific earn.
ings for January show decrease of 100000
in the gross, net earnings not yet made up.
The earnings of the Omaha road for the
\ first week in March show decrease of $4,000
"A Louisville and Nashville earnings for thu
n first week in March increased $l,710.
Sales Of stocks to-day aggregated 266, 10
Il shares, including the following: Central Pa
4 cifc, 1900; Delaware, Lackawanna and West
ern, 400; Erie, 2276O; Lake Shore, 14,610
+ Louisville and Nashville, OSLO; Missouri Pa
. cifc, 400; Northwestern, 1900; New York
Central, 9,730; Reading, 10000; st. Paul, Al,
600; Union Pacific, 10000; Western Union
8, 72O; Oregon Transcontinental, $500; North
u ern Pacific preferred, 400.
STOCKS.
Following are opening and closing prices o
principal stocks, as corrected by special wire
reports received by Bateman g. Co., bankers
No. 1411 I street northwest.