National Republican., 1884-04-03
THE MARKETS.
Gould Stocks Show Remarkable Dullness and
Weakness.
Important Deals by Western Railroad
Mugnntes.
EDecidl Dispd,cn.

NEW YORK, April 2.-rhe market has been
very dull and lower. Tho Vanderbilts arc
very quiet except Lake Shore, which fell of
/ per cent up to 1 o'clock. Tho grangers wero
weaker and coal stock stronger.
At noon the market was higher for half of
the stocks and just the othor way for the other
half. The trading was very irregular.
In the afternoon tho general market was
weaker although Lackawanna showed q dis
position to rally in the closing hour.
Little doing in bonds.
In stocks most of trading was in Lacka-
wanna, Union Pacific, st, Paul, Western
Union, and Lake Shore.
Feeling on the market mixed. Some talk ofa
squeeze on Lake Shore on closing OF books
tomorrow. Vanderbilt brokers and follow
ing talk bullish. The course which the
Gould stocks are taking apparently indicates
that Gould does not intend to wait until the
summer months to find a market TO sell
upon. Ho leads the list of those who are
aware how rapidly distrust in oil corporate
management is spreading and tho inability Of
capital TO resist IL.
The Loveioy party is understood 10 have
secured about 10000 shares of Colorado Coal
and Iron stock to bo voted at the meeting
next Monday. This is moro than needed TO
control the property.
A Chicago dispatch says; Tho shipping do
mand for wheat is large, and unless prices
advance too much it will continue in all
probability St. Louis is higher than New
York, and now that Milwaukee has only
little left, not for export sale, the only good
wheat is right hero in sight, and prices arc
lower than ever before, and 80 arc freights.
Corn is firm on small receipts, interior load
ings growing smaller, while low grades are
nearly up to No. . prices. Provisions neg
lected and prices held firm by insiders.
The visible supply of grain in the United
States and Canada shows: Wheat, decrease,
h,,uh uhnto h
els oats, increase, 250, 900 bushels.
a Boston special says At the opening OF
the Union Pacific transfer books to-day an
increase of 800 stockholders is shown as COM
pared with Jan, 1.
George S. Scott says the question ofwindinR
up the Richmond and Danville Extension
company has not been considered.
A meeting to consider the division of
Georgia Pacific securities will be held soon,
but the amount is not determined on yet.
The report that the st. Paul and Northwest
roads will show large decreases for the fourth
week in March is extremely probable in
view of the unusually heavy earnings for
the fourth week in March of last year, when
the st. Paul earned $704000, and the North
west 1000, against earnings of between
100000 and $500,000 each for the preceding
weeks in the month.
The old rumor is revived that the Panama
Canal company is negotiating tor the pur-
chase of the Pacific Mail. This report started
from Paris about year ago.
At meeting of the Northwest directors
held this afternoon they decided to absorb
the "Blair system" roads heretofore lease by
the Northwest, and issue $l4, 900, 900 common
stock to represent the value of these roads
This will reduce the fixed charges of North
west by S1,000,000,
Sales of stocks to-day aggregate 219,63d
shares, including Delaware, Lackawanna and
Western, 35,1l0; Erie, 4400; Lake Shore
1887; Missouri Pacific, 5,5S7; Northwestern
11,025; Pacific Mail, 6,s10; Reading, 6.700
St. Paul. 30,s00; Union Pacific. 26,S0s; West
ern Union, 1860; Oregon Transcontinental
1900; Delaware Lackawanna and Western
ex dividend, 1900. ,,.s.. -....-...
STOCKS.
Following are opening and closing prices o
principal stocks, as corrected by special wir
reports received by Batemsn & Co., bankers
No. ll4l street northwest: