New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-04-11
CALMER MARKETS IN THIS CITY.
SOME REACTION IN PRICEs-No RUSSIAN AGENT
BUYING VESSELS.

SOME REACTION IN PRICEs-No RUSSIAN AGENTS
BUYING VESSELS
At the opening of the Produce Exchange
yesterday there large crowd Of spectators in the
gallery waiting to hear the bsllowings OF the bulls
and the growlngs Of the "besrs Such crowd OF out
sders had never assembled in the Exchange upon any
OCCASION but their expectations Of Witnessing similar
excitement TO that OF Thursday were disappointed
The quiet tone Of the cable dispatches led the
"bears" TO decaim that the market was going to the
"demnton bOw-wows" and there were some evidences
that these predictions might prove true. May wheat
continues the barometer for the options OF other
months that cereal well Others and It opened ut
81 cents or 2 cents lower than the closing price on
Thurday. The bulls H" then came In and pushed the
price up cents when the bears began TO grow aud
had difficulty in pressing 1t down to 80. From that
point the market rallied TO 97 cents and finally closed
97le The speculative dealings were even larger than
on Thursday the "option sales footing up TO total
of 9O32 900 bushels. Corn sympathized with wheat,
and opened a hafceDt bushe below Thursdays clos
ing prices. There large speculation In this cereal,
the sales of options reaching 100000 bushels.
The less warke character OF the rumors also had its
effect the Cotton Exchange. the market recovering
portion Of the decline OF Thursday. TO relieve the
monotOny the sturdy cotton brokers INDUCED in hlar
conduct and group around the ticker shouted to
the ring the readings on the tape, preceding each
one with "AnOther disturbing rumor."
First was read OF report Of "a
fight in Bedhouan, South Africa" which greeted
with shout. Similar hariiy was INDUCED In when
this Was read on heavy snowstorm prevailing III
Petersburg, Va"
There various opinions expressed at the Maritime
Exchange about the possibility OF war. freights were
held firm and at little advance over those quoted
Thursday, but there active demand Full car
commanded no higher charges than on Thursday.
Rates to the Continent ruled little higher chiefly be-
OF "A scarcity Of room. II generally conceded
that war should actually he declared would result in
stronger demand for American products, which would
stimulate the carrying trade.
&. L. Huntington. vice-president OF the Southern
Dat flo laf fhara
gOtiaOns between the company and agents OF the Rus
sian Government for the sale OF the steamships San
Pablo and San Pedro I'VE would sell them AT price,"
lie said with "A SMILE but haven't yet heard OF any
sells In OF war. and perhaps we may have
war of our own hand in which they
would be beyond price The rumors that we
have sold the ships have been brought TO my
have heard nothing about the sale from any Russian
agents IL safe 10 that there negotiations
for the sale OF the ships pending"
President Smith, of the Oregon Railway and Naviga-
would be glad sell TO the Russian Government fair
terms. would be obliged TO any one who would make
the SALE
AT the office OF the British Consul General no private
had been received. Mr. Booker said that he had
opinion to express upon the chances Of peace
Newspaper reports, he thought, were frequently ex
aggeraed and little reliance could be placed upon the
vague rumors which current.
Roman ROsen the Russian Consu-General. had no Of
fetal information from his Government think" said
he that the war rumOrs are exaggerated There Will
be England demands a satisfactory explanation
of General Komarois attack upon the Ashans, saying
that II not explained IL constitutes cdsus bcH.
Probably satisfactory explanation VIII lie given for
General KomarOf states In his dispatch that the attack
affair of ouposs should not plunge two great nations
into war;"