National Republican., 1888-06-07
INTENSELY DULL MARKET.
The Bears Have Exhausted Their Ann
munitiun on Readinp.


NEw YORK, June 5.--The new Reading loan
divided the attention uf the street to-day,
and tie result was an intensely dull market,
with fluctuations confined to the smallest
limits and with transactions entirely unn.
teresting. The Reading loan va not made
up by the bears to-day; all their ammunition
from II had been wasted previously, the last
plea being that the price was altogether too
low for u z per cent. bond, with the security
back Of II, which this has. Hut the general
opinion seemed TO be that, as the public has
not as yet had an opportunity To have It's say
as to the value Of the bonds, that objection Is
likely tu be very quickly removed.
There was a great lack of interest mani
tested at the opening, though there was con.
siderable business done In the first few min
utcs. First prices We're steady, but London
sold small amount Of stock and declines
were established over Il few stocks ranging
NJ 20 per cent. rally succeeded anl the
Losses We're recovered before noon, after
which the oppressive dulnCss settled over the
market, prices being positively stagnant, \
slight reaction occurred in the last hour and
this brought several of the list shade lower,
hut the close was intensely dun AZ about first
The following were the closing bid quota
tions:
Is. coupon. 1871: dis, coupon 100; Pacific Gs,
'S5, ii0 District OF Columbia 3.G5s. l1O; Georgia
g., l02. North Carolina consolidated Us. 1lO;
do. q, NJ; Tennessee new rs. i0jl. do, 5s, 0d;
do, 3s, i0i; Virginia Gs. is; DO. Nat. coupon,
-; Central Pacific iirsts, l1G; d., X, q. Il n.
ttsts, ~; Missouri, Kansas and Texas gen. Gs,
%, do. 5s. Sl: Northern Pacific iirsts, l19i;
do. seconds, 1905: Northwestern consolidated.
iiit; do. dchcnture, 1851; st. Louis and San
Francisco liil; st, Paul, consolidated, 1876; 81.
Paul. Chicago and Pacific iirsts. l2i: South
ern Pacific iirsts. III; Texas Pacific X. g., -;
Union Pacific iirsts, ll5: West Shore. l0]i;
70: do. preferred, ~; American Express, lO9;
Boston Air Line preferred, gi!;. j, e. r. ~,
80; Canada southern, 49,; Canton, 80: Central
Pacific. 3Ol: Chesapeake and OHIO. II; Chicago
and Alton, 1856: do. preferred ijl; Chicago,
Burlington and Quincy, liz; Clev. Colo, -;
Consolidated Coal, 20: Delaware and Hudson,
l0S9; Delaware. LaCkawanna and Western,
1881; Denver and Rio Grande. IL; Erie, "a;
do. preferred. 55; Fort Wayne. ISL; Harlem,
2!5; Houston and Texas, iel; Illinois Central,
ISL; Kansas and Texas. l2; Lake Erie and
Nashville. 50: Manhattan Con-. sgl Memphis
ana Charleston, t53;, Metropolltaa Elevated,
l3iH Michigan Central, ~; Missouri Pacific,
and Chattanooga, i5; New Jersey Central,
81. Norfolk and Western preferred, 90; North
em Pacific; 81! do. preferred. joI; Northwest
ern. lCs!; do. preferred. .1i3i; New York Cen.
trail, 105; New York. Chicago and ST. Louis,
"a; do. preferred, O.; Ohio and Mississippi, 1871;
do, preferred, so; Oregon Navigation; 3; "a.
cifC Mail, So; Pittsburg, l5S: Reading, 59,;
Richmond and Allegheny. Q; Richmond and
West Point Terminal, 2ss; Rock Island, lOj.;
st. h.. 4 $: T., 2si; do, preferred, Coy; hrst pre-.
| ST Paul and Omaha, 35; do preferred. i05;
| Tennessee Coal and Iron. "a; Texas Pacific,
| l9l; Union Pacific. 5il; United States Express,
II; Wabash. ST. Louis and Pacific, IL; do.
| preferred. 22l; Wells Fargo Express, 1873;
| Western Union, i5s; silver Certificates, 9st;
American Cotton Oil. 33: Quicksilver 0; do.
| preferred, 3iI.
| asked.
| Washington Stock Exchange.
| The following list of the most active stocks
| dealt in on the Washington Stock Exchange is
| furnished by Messrs Bell & Co., Bankers, No