National Republican. (Washington City (D.C.)) 1872-1888, 1886-03-15
THE MARKETS.
Increased Activity in Stocks with
Decline in Prices - Produce Quota
ffons.

Increased Activity in Stocks with a
Decline in Prices - Produce Quota
tions.
New YORK. March 13.-The increased &C.
tiyi.y which was conspicuous feature of yes.
terday's operation continued this forenoon
with further decline. At the opening this
morning the market was Irregular but the
changes were for only small fractions but after
firm tone in the carly dealings prices soon
Welded again, and the market continued &c.
tive and weak until after midday, during
which time from fractions to considerable
over / per cent. we're lost. conspicuous
feature Of the dealings during this time was
the activity and further decline in Western
Union, which after opening at Gi1I and selling
early at Go, yielded TO G3ls. Lake Shore was
also weak, selling down from STA to $50.
Lackawanua fell from 1915 to 1876, Reading
from % to 2S5S, 81. Paul from 9ljz to g01d, and
the rest of the list on much smaller business
for fractional amounts.
The decline was checked shortly after ~
o'clock, and from that time until late In the
afternoon the market was strong recovering
the earlier losses and fractions In addition, but
the iradlng was on smaller scale than during
the forenoon. Decided weakness was developed
late in the last hour In the coal stocks, Lacka.
wanna, breaking from i2IA TO l26A, Jersey
2s9i 81, Paul from ny to 0OJS, Lake Shore
nom SGI5 to S5JS, and others smaller amounts.
Pacific Mail was conspicuous for its strength at
this time, and Western Union was about steady
at smaller fractions above g. Throughout the
day the market was active, then weak and
quiet, then firm, and II closed feverish, active,
and Irregular, but generally weak ut a shade
better than the lowest prices reached, Just
be ore o'clock and with irregular changes,
but for only small fractions as compared with
last evening.
4 little over one.half of the active list shows
gains of 4 TO "a per cent, and the declines arc
for like amount, except st. Paul, which IS
down IL. The weakness In the stock last mem
toned was due to rumors that the directors at
their last meeting decided to issue S5OOOO0D
convertible bonds on some one of its oXten-
slOns mot, 1t Is said, the Kansas City eXton
SION, the bonds to be convertible into common
stock at so. After notable dizziness for some
time past 1t again became the second most
active stock on the list, the total transactions
nggrcgatlng 0,03j shares.
Comparing prices this evening with those of
week ngo, nearly everything Is from to over
3 per cent lower, while Western Union shows
a.oss Of 81, Lackaw0nna is down %ls, Eric
preferred ~ 81. Paul 2, and the others less
than per cent. The notable exceptions are
Pacific Mail, which Is up Is; st. Paul and Du-
lnth, - and Texas and Pacific, "a per cent.
The total sales for the week were 2,0Oi,O62
shares.
Moneyon call continues easy ut IL to per
cent. closing at 2. Sterling exchange continues
dun and steady. Government bonds are dull
and steady. State bonds have not been traden
in ut the exchange to-day. Railroad bonds
have been quiet and steady.
Treasury balances--Coin, SlT0 ,3Oj, los; cur.
rency, Sll.0Ol 500.
Quotations OF Saturdays Stock Sales.
The following daily market reports have been
building, Eighth and streets, being the most ac-
tive stocks In the New York exchange!