National Republican., 1885-12-10
TIE MARKETS.
Anxicty and Nervousness in Stocks.
Eiiect OF Vunderbilps Dcath--Wheat


Anxicty and Nervousness in Stocks.
1siicct OF vunderbiips Dcath--wheat
Unsettled, Nervous, and Lower.
NEW YonK, Dec. O.-.The anxiety manifested
this morning regarding the opening quotations
at the stock exchange has not been exceeded
at any time IN years past. The death of Mr.
Vanderbilt, occurring when II did, gave
brokers and spectators timc to think before It's
elect could be felt In the stock exchange
prices aud the more conservatiyon aud thought.
lul operators exhibited n marked degree Of
confidence IN the market: but there were very
many others, including u large number of
limited experience in Wall street affairs who
were carrying for themselves heavy loads on
limited margins, who were very nervous and
awaited developments with extreme anxiety.
There were many orders in the board at the
opening to sell stocks, especially the Wander
bits. Fortunately, however. for everybody,
there were also large orders to buy at prices
not seriously below last evenings closing quota
tions. In the Lake Shore corner, the quietanl
patient waiting of q dense crowd OF brokers,
with orders to buy or sell, was transformed i'm.
mcdintely into bodlnm Of intense excitement
and confusion, as the chHirman's glycl m.
nonnced the opening Of tho exchange.
Tie bold front presented by those who w,ro
present with unlimited orders to sus' ain Nhe
market soon quolcd the excitement and, utter
the hrtt half hour although for u time the
business continued active, there was no excite.
mCnt. In other portions OF tho exchange
room large transactions were made In various
active stocks on the list, but the excitement
did not at Gll compare with that above mem
tiontd. During the first half hour the market
was very fevorish; the movements errntic, With
tendency downward In some cases, while
other stocks were advancing, but at the end of
that tl,ne more settled tone was established,
and by II o'clock the market was not different
from the many others that have preceded 1t
during the past ten days. Prices by II o'clock
were generally shade above the opening, and
business drlfted rapidly into very decided dull-
ness; as much SO 1s has been exhibited at any
time since the cessation of the extreme ac-
tivity last month.
The general market closed steady Prices
this evening, rs compared with the iinal figures
Of yesterday, show u loss for Lake Shore OF IA,
] for Jersey Central IL for Reading, / for
Texas and Pacific, and a to "a for the rest Of
the active list except Northwestern, which IA
down %. The general feeling this evening Is
one of increasing confidence, although for the
moment fnith in the future IL based largely
ators Will furnish the support necessary to pro-
vent other declines, as they did to-day.
Money on call remains easy ut to per cent,
closing ut per cent, and later offered at "a.
Foreign exchange is dull, but firm, at iin.
changed quotations. Posted rates for sterling
exchange on London ARE dSilS for slxty-day
bills, aud 4S7 for demand. Actual business
Government bonds dull and firm ut un.
changed quotations, except the %, which arc
Il higher bid. State bonds have been quiet
and steady. Railway bonds active, with
prices steady to strong.
Treasury balances: Coin, sl7l ,72l ,i57; cur
rcncy, sl2,533,3ll.
Quotations of Wednesdays Stock Sales.
The following have been furnished by Bateman
Co, bankers, 14l1 street, being the most active
RNW llR ts. l. Vel @.1..