The Evening critic., 1885-04-08
FINANCIAL AND COMMERCIAL.
HEAVY SELLING CAUSES DECLINE
Covering by the Shorts Forces Prices
Up Again Effect of the Afghan
Difficulty Wheat and
OIL Gossip.
wall street Gossip.

NLw YORK, April 8 Money per cent.
Exchange quiet. Governments nrm. Cur
iency Os, i25 bid; d's, coupon, 12lS Jk's,
do, 1924 bid.
The stock market opened quiet but after
tho first call thore was a considerable selling
Of tho list, which caused prices to docltne
ftacii0nally. Toward noon there was some
coverings by tho shorts, under which prices
took an upward turn.
Tie covering was stimulated by tho more
threatening tone OF the dispatches from
Europe with regard to the settlement OF tue
Husso-Afghnn frontier question. At the time
of writing quotations arc issko In per cent.
higher.
Charles L. Pugh OF the Pennsylvania Railroad
shows earnings Of the main line and branches
for 1854 OF $50, JOG, SSii expenses, excluding
rentals aud interest on equipment, SlI,b1o,.
105; net earninge, $l0,50O,020, decrease OF
Sl,d0S,53f, as compared with the proceeding
year.
chicago Grain ana Provision Mar.
kets.
The following Information In regard 10 the
grain and provision markets In Chicago has
been received to-day by John U. Cole, commits
sion brokor, $50 Eighth street, from his c0rro-
spondonts, Charles Councilman & Co., over
private wires used exclusively for their busl-
ness:
CHICAGO, April Market strong and ex-
cited IL looks as II shorts are covering rap
Idly. Foreign news Is said to no warllke, nnd
news from winter wheat fields is very un-
favorable.
CIscAGo, April 8 10 80 a. m. Market hold.
ing The advance very WE'LL and fluctuations are
liable to DO rapid. Extreme parties from tho
southwest claim that the warm weather u
proving the correctness OF their dels aoout
damage to the crop.
NEW YORK, April S.-A private London
cable from n reliable and conBer iative
eource says, "Russians, 90 61-100. ReIt tlons
looking critical" This IL the lowest price Tor
Russians yet quoted.
NEW YORK, April s.-May wheat pro9aby
had advance enough TO take profits Will DO
TO buy on oil reactions.
NEW YORK, April S,-Almost without excep.
ton the list was weak, aud tho weakness Of
Gould stocks and vanderbilts both, as well az
the CHANGERS, looks as II business bulls were
helping decline TO increase short interest.
With what short interest there is nos In
to as strong market as now weak would be
no surprise. Trading is almost entirely local,
go will turn easily. OH Is steadler. We hear
there is big bull pool in It, but the market u
us shows little natural strength; but with
wells now about ready coming dry or light,
producers will probably see better figures.
CHICAGO, April S.-Markets all opened
stronger ard nrmer on reported Injury to
yards.
Corn--AIay, 427sc,; June, d3iAc. July, NJ,
OATS May, 329ac.i June, 33c,
Pork-May, $40.
Lard-June, S6O7l5.
Ribs May, S0.02Is June, S6.10.
The following summary by b. X. p all Il
Co., St. Cloud building, Ninth end i SIRE its,
shows the course OF the chicago ,gra Ii and
provision market up TO p. m. to-day:
Wheat.
MAY-openlne, s2N; highest, esx; lowest,
S2% closed, sos.
JUSE--openlng, s49i; highest, sjali lowest,
Slai; closed, SS7s.
july Opening, s7is; highest, s7is lowest,
Corn.
MAY Opening, 42H highest a.; lowos',
A24: closed, 12A.
JGSE- Opening, 43hi highest, 43ss; lowest
JrLl-openioe, 44ia; highest, 1iia; loves,
Pork.
| MAY Opening, $1,000; highest, Sl2.02i
lowest, s11.S7ls; closed, S1l.S7la.
JuNE-opening, s1210; hignest, $i2.1oi
| lowest, s11 .07lI; closed, $11.07lh.
JuLY-0penine, sl2.20; highest, sl2.20i
lowest, S12,07i closed, s12.o7lh
Oats.
MAY-opening, Soy; highest, s2A lowest
JGSE. Opening, So; highest, sais; lowest
JTiY~opepins, a3A; highest, 1884,; lowest
| Lard.
| Navigating, 5000; highest, $3.50
lowest, $685. closed, S6s7-h.
| JUNE Opening, S0.O5; highest, S6.07h
| lowest, 5000; closed. SB.0o.
JuLi.opening, 81 .02la; highest S7.O2h
| lowest, S7,O2ia; closed, S7.02i2.
| Local stocks.
| There was but little doing on the local Stoch
| Exchange to-day. The only transactions wore
| In gas stock. Some OF the stock was sold fol
| 12G,
Washington Stocks.
The following are the closing quotations Of
| the Washington Stock Exchange to-day:
| D. BoNDs.-Per. I'm. rs, 01, coin, 11dl bid
1141l asked. Per. I'm 7s, OF, currency, 119
1901. Market Stocks, 7s, 90, currency, 1lSEl
| -. Water Stock, rs, 1901, currency 20; -
Water Stock, 7s, 1905, currency, 30; =
5O-year funding, 3.65s, 1924, currency, 1874
III. 20year funding, per cen.., 1890, cur
rency, 114lh; 116. 20year funding, Ga, 1902
coin, liza; ZIG. 3O'year. funding, 6s, 100.
Il. Ii. sTociKs.-w. K G. stock, - bid; -
asked. Bonds, 115i -. Metropolitan stock
79'a; 79ls. Columbia, 30 $50. N. Cap.
O-st, 30 80. Anacostla, 49,.
FIRT, GAS AND ms. Cos.-Wash. City Gas 1t
Co.,, 12&; 13l2. Georgetown Gas 1t. Co., -
39A Firemen's, -; 40. franklin, -
40ia. National Metropolitan, 65; -. Union
| 17q; ISL. Arlington, =; -. Corcoran, -
| 1871; --. Potomac, 40; -. Riggs, ca;
Petroleum.
b. X. Plain & Co. furnishes the following
| quotations: OIL closed yesterday 1875; openel
to-day 77il, highest 757,, lowest 77is, at 2i1
7Tas.