The Evening critic., 1885-04-06
FINANCIAL AND COMMERCIAL.
MARKET OPENS QU1ETBUTs STEADY
Buying OF the Vanderbilt and Granger
Stocks Sends Prices Up Trlne
A Raid On Northern
Pacific.

The dullnoss of the stock market last Sat
urday was like that silence so profound IL
could be heard. Only 1000 shares dealt
In. No wonder tho brokers are mad. No
summer jauntings for them at this rate.
But there are the checker and chess boards
aud matching pennies for drinks always
lemonade, of course-and they may pull
through the summer alive.
The New York Herdlds financial article
yesterday gives tho following excellent re-
sumo of last weeks market:
While the great festival Of the Church is be-
ing celebrated, with the accOmpanlments OF
magnificent music and gorgeous displays OF
flowers, tho Stock Exchange remalus clad In
sackcloth ana ashes. Not for forty days, but
for forty months, has tue financial benten sea-
con exlsted, and It's Easter seems 70 be as far
OF as ever. Nothing more unpromislng OF O
speedy revival OF those festive times which
arc the outcome OF an active business, I'M
proving values and general prosperity, could
be offered than the history OF last weeks
stock market. From first TO last business was
dull, fluctuations few and tickle, and mat
ters generally melancholy In the extreme.
Such events as did occhr were OF minor I'm.
portance and depressing in their nature. Even
such moderate stimulants as tho market had
received the week before frorn the probability
OF an ADglo-Ruesian war aud the reported re-
storation OF the Pacific Mail subsidy were
taken away from II, and prices were forced 20
fall back for what strength they got to the
support OF cliques and professional traders.
The war probabilities wero swept away, aud
the steamship company and the railroads go
mained as far from agreement as ever. There
were other matters also that took the lie aud
strength out OF tho market. Upon the first OF
the month the Nickel Plate Road confessed
10 an empty exchequer, 80 far as paying lts
tral cried out "Me, TOO" About the Same time
there was a sudden drop OF s per cent. In the
Chesapeake a Ohio class bonds which
suggests the suspicion that this concern also
may shortly Join the noble army OF defaulting
railroads. AS for the share liat, things there
we're not much better, tho best to be said OF
the leading stocks being that they were frm
with O downward tendency. Tho ouly marked
exception was Central Pacific, which advanced
some points upon the announcement OF iti
lease to Southern Pacific. At the very ond Of
tho week the market was exceptionally dull,
winding up as It did with the sllmmost day
business for many months.
wall Street Gossip.
NEW YORK, April 6.-Money per cent.
Exchange quite but firm. Governments
nim. Currency. 0s, 1875 bid; 4s, coupon,
12176id%'s, do. 112ls bid.
The Stock Market opened quiet but steady
and on buying by the cliques IN the Wander
bilt and Granger stocks, prices advanced \ TO
~ per cent. In the early trading, aud although
dealings after the ilrst call were small, values
nrmly held until noon. After midday, how
ever, under a raid on tho Northern Paelncs,
the whole market became weak and prices Mt
O'Clock were X TO Az per cent lower. The
greatest decline was In the shares named.
New York Stock Market.
The following have been furnished by Bate
man Il Co., bankers, 1i11 street, being the
most active stocks In the New York Exchange: