National Republican., 1884-04-04
THE MARKETS.
Stocks Of All Sorts Dull, Irregular, and
Weak.
wheat and Corn Take Tumble OF Sew
eraI Points.
Specini Disnnlnh.


morning aud active and strong In the after
noon st, Paul and Reading turned the market
traders headed by Slayback and Kirkner
buying freely and many shorts covering
Philadelphia was largo buyer of Reading.
The most active stocks were st. Paul, North
western, Union Pacific, Western Union,
Lackawanna and Reading
The Vanderbilt and Gould stocks were
steady, the coal stocks strong and grangers
active on slight fluctuations. Bonds steady
and somewhat higher. In tho closing hour
tho market was steady. IL is reported that
Gould was large buyer Of the market this
afternoon. His following have tho point to
buy Union Pacific for considerable move
mept.
Boston dispatches soy there will be many
changes in Mexican Central directors ut the
annual meeting next Monday. President
Nickerson will probably be reelected, al
though he prefors TO retire.
The proposed amendment to the bylaws OF
the stock exchange, which provides for the
election Of the vice president, who is APP
pointed by the governing committee, and the
appointment by tho committee of tho chair
man and vice chairman, now elected annu.
ally by tho members of tho exchange, has
been defeated.
The committee Is also considering propo-
bition from the Stock Quotation company,
which has invented new instrument to per-
devised plan by which tho stock exchange
can legally control majority interest in its
capital stock, and thereby protect itself
against alleged practices of the Gold and
Stock company, which makes n further con-
tract with tho latter company undesirable.
The Western Union company control the Gold
and Stock concern. and quotations are fur.
nshed to IL by the latter which are distrib-
uted all over the country. The stock exchange
objects to this on the ground that bucket
shops in other cities are enabled to get the
quotations.
The cotton market opened firm at about
points advance, and held steady for half an
hour, then became easy, then reacted to
higher prices and was firm. Gradually eased
off on realizations by bulls, and there has
been great realizing of profits to-day.
The st. Paul, Minneapolis, and Manitoba's
quarterly dividend of 9 per cent has been
declared payable May l. books close up April
16; reopen Maya.
Semi.official advces say that while there
are negotiations pending for the financial
and executive rehabilitation of the Oregon
Transcontnental company nothing definite
has been accomplished.
The business of the Oregon Navigation
company has revived largely on steamer
route between the northwest and Oregon
under the northwestern gold excitement.
The March earnings of the Oregon railroad
and navigation company are about the same
as last year.
A Philadelphia dispatch says the work on
Vanderbilt's Southern Pennsylvania road,
from Harrisburg to Pittsburg, is very rapid.
About 1000 men are employed on the line,
mainly at the great tunnel. 1t is said this
road may be completed within two years.
The Utah Central company has passed its
regularly dividend at IA per cent, due April
j. The road is leased to the Union Pacific
from Ogden to Salt Lake City. The reason
given for passing dividend is that the COM
pany has not earned it owing to sharp COM
petition of the Denver company.
The report that English interests have been
investigating the management of Northern
Pacific is said to be from the fact that exports
had been going over r-the road ihstructine
agents in making up uniform system of re-
ports and accounts.
A Chicago dispatch says: Farmers are moi
apt to rush in any wheat on these low prices
No fresh export orders on market, and dc
not look for any until navigation opens, as
shipments already made or to be made will
supply present wants.
The talk is bearish.
Few large operators are buying, but do not
try to keep prices.
Corn looks badly on account of reported
shipments to be made from st. Louis to fl
sales for May here.
Mr.. Vanderbilt's friends report him as feel
ing very bullish on market, and it is not gen
orally believed that he or his sons have mar
keted any considerable amount of their hold
ings.
Sales of stocks to-day aggregate 2s5, 16
shares, including Central Pacific, 4,51O; Della
ware, Lackawsnna and Western, 1880; Eric
10000; Lake Shore $500; Louisville an,
Nashville, 1000; Missouri Pacific, 6,459
Northwestern, 1850 Pacific Mail, 6225
Reading, 36,314; st. Paul. 41,650; Unioi
Pacific, CLIO; Western Union, Ia, 115; Oregon
Transcontinental 5000.
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: