National Republican. (Washington City (D.C.)) 1872-1888, 1886-03-13
THE MARKETS.
Considerable Activity IN the Stock List
With Slight Decline in Prices Money,
Provisions, and Grain.

Comfortable Activity in the Stock List
With Slight Decline in Prices Money,
Provisions, and Grain.
NEW YoRR March ia little more life was
infused into the dealings at;he stock exchange
this afternoon, but the increased activity was
az the expense Of quotations. The conspicuous
feature Of the operations this morning was the
activity and weakness in Western Union which
opcned-14 lower at GS. and rapidly sold down
to CC1a. IL was then about steady at fractions
above &C until afler midday, when It again
broke, and the decline was not checked until
ne price reached 64s6 From this there was
closed at 6iJ9, with net loss of 8l6 per cent,
after sales amounting TO $1,000 shares. The
remainder OF the list resisted the Influence Of
the weakness in Western Union until afer
midday, although the market was generally
heavy, but on reports that further serious
trouble bad taken place on the Gould roads
near 81. Louis, and TINT there was increased
possibilities of further delay in an announce.
ment OF the Reading reorganization plan, tho
whole list became weak, and so continued
during the afternoon. Lackawanna, which
opened at 1901, and yielded per cent. during
the forenoon, remained about steady at n little
above l2s until nearly.2 O'Clock, when IL dc.
clined rapidly TO 1864, losing as much as IL
per cent. In n very few minutes.
=, Later there were frequent rallies TO 1877 when
the stock would again sell of 4 &c Il per cent.
and 4 closed feverish at 1905, q loss OF 20.
Reading sympathized with this weakness
In Lackawanna to the extent of IA per
cent, selling from 30% down to 2SJA, but Il
closed a higher with n loss of ~. Theth
stocks mentioned and Lake Shore contributed
2iS,600 shares OF a total business of 379,l70
shares, or an increase over yesterday OF $3.50
sharta. There was great deal OF bullish talk
about Lake Shore this morning, including
statements that heavy blocks were being pur-
CHASED Tor European account and that the div
idend was TO DO I per cent for tho current
quarter, but contradictory reports In the after
noon led to break In the stock from SSk TO
sI9s. and II closed q higher with q loss of IA.
Central shows an equal decline on n small
business. The grangers and Northern Pacific
preferred are about lower, Pacific Mail lost
l1E, Louisville and Nashville |, and the rest
fractions. The whole market closed feverlsh
and Irregular at quotations which IRE generally
small fractions better than the lowest figures
Of the day.
Money on call continues easy At Q to 2IS
per cent, the last loan being at2. Exchange
on London continues dull and steady. Actual
rates, 4sl14 for 60.day bills and 4s0L for de-
mand. Posted rates, 4SS for 6O.day bills and
ago for demand. Government bonds are dull
and steady. State bonds have been fairly
active and firm. Railroad bonds have been
quiet and prices steady.
Treasury balances-Coin, $40, III, 1888; cur
rency, Sl4,0i7,7i3.
Quotations OF Fridays Stock Sales.
The following daily market reports have been
Furnished by j. Vance Lewis, broker, lie Droit
building, Eighth and streets, being the most nc
tive Atocks In the New York exchanges: