National Republican., 1885-03-25
THE MARKETS.
Stocks Irregular and Foverish In
Wall street-Trading Limitsd-The
Produce Quotations.

Stocks Irregular and Toverish in
Wall street-Trading LimItsd-The
Produce Quotations.
New YORK, March 2i.-The stock mar
ket was irregular at the opening this
morning, the greatest gains over last
evenings closing figures being in Mis-
souri, Kansas and Texas I per cent.
New York Central and Lake Shore each,
/; Western Union, Northwestern, North
ern Pacific preferred, and Louisville and
Nashville, /, while Union Pacific and
Pacific Mail were each lower. 81. Paul
was down /, Jersey Central J, and Gem
trail Pacific per cent. A strong under
tone was developed in the early dealings,
which continued throughout the first
hour, the greatest gain being made by
New York Central which ad-
vanced from s9l to 0Ol. Lake
Shore and tho Grangers were
firm on slight gains. At IL o'clock tho
market was only fairly active, strong for
some stocks and weak for others. Pacific
Mail is lower than It closed yesterday and
SO is Union Pacific by fractions in each
case, most other active stocks are frac-
tion higher. The trading has been con-
fined to = few of the favorite speculative
stocks which monoplized nearly 65,000
shares out of q total of less than 10000.
Loaning rates are 1-6i for Lackawanna,
New York Central and Erie 2s.
The total value OF the produce exports
from, this port during the past week was
s., ,907, ,26S.
Money on call is easy at to II. closing
at 1. Foreign exchange is higher on any
I ,0.,.. sal ,.,sN a
mercial bills. Posted rates are 4S5 and
4s7l. Actual business is done at about
4SIA and 4S7. Government bonds are
higher for the Al per cent. coupon and
unchanged for other issues. The market
Is quiet. State bonds are quiet and
steady. Railroad bonds have been dull,
the principal trading being in the Nickel
Plate Grsts, which are per cent. higher
than the lowest price of the day, at 40.
The West Shore firsts are weak, and
other quotations irregular.
The stock market has again been ir-
regular, active, and feverish. The street
has beon we'll supplied with rumors
throughout the day, some Of which have
| proved to have more or less foundation
in fact. This opening was irregular, but
the market soon strengthened aud the
best prices Of the day wore generally
made in the first hour.
st. Paul declined on growing impress
sion that the dividend would be passed.
Jersey Central also developed great weak
ness on account of the troubles in which
that company finds itself by the failure
OF the Reading to meet pay m ents provided
for. rthwestern, the Wand urbilts, and
the Gould stocks were strong; the last
named, with exception of Union Pacific,
have been very quiet. Mr.. Gould is ex-
pected back tomorrow, but his friends
say he will probably have little to do with
stocks at present. st. Paul sold at 70s,
before noon ut 6Ds, and closed 852, de.
cline of IL per cent.
The third mot active was Union Pa
ciiic, which appears to have lost all its
friends among the old bull party. The
stock opened at 49,, broke in the forenoon
to 42s, aud closed at 42!.
A synopsis of the annual report given
out at the Boston meeting was made pub.
lie here before the close of the board. A
small boom was gotten up in Lackawanna
shortly before noon, when it sold at l04
after opening at 1929, later declining To
1921, rallying 103, and closed 1929, the
only stock on the active list that shows
a gain of per cent.
Jersey Central shows O net decline OF
% per cent, at 32s, after selling from 34s
downito 31l. Delaware and Hudson is I
lower, at 76s; Northern Pacific preferred i.
down per cent, to 40, after selling at 393;
Central Pacific, Texas Pacific. and Rock
Island are each lower; Louisville and
Nashville lost 4 per cent, at 30}; Mis-.
souri,, Kansas and Texas is off ! per cent.
ia. In the last hour Northwestern
which had been firm above 93, broke tc
922 and closed at 92s, a decline of I pei
cent. Lake Shore is unchanged at 622
The strongest stock on the list was New
York Central.
Quotations OF Tuesdays Stock Sales.
Tho following have been furnished by Bate
man d Co.. bankers, 14l1 Il street, being tn,
most active stocks ia the New York exchange
OD'1. HOh. LolU. CgSg. SaIss