National Republican., 1888-03-21
QUIET BUT WEAK.
Prices over the Entire Active List Ma
teriaIIy Lower. .t.

tertally Lower.
New YORK, Mar 20.--The stock market
was quiet but weak from opening to close
to-day without reaction worthy Of the name
at any time, and prices over the entire list
nre materially lower tonight All the in
tertst centercd in the Gould stocks to-day,
and under the lead of Missouri Pacific they
led the market throughout the day. The
bears have circulated rumOrs and assertions
In regard to the dividend which had n very
disqueting effect upon holders, and while
buying was stopped entirely much long
stock came out. The bears and traders
were not slow 10 take advantage Of this,
and free offerings for the short account
aided the decline
There was some foreign buying, but the
pressure Of domestic stock completely neu-
tralized the influence OF this interest, and the
tendencyt to advance was quickly smothercd
at the opening. The first sales were made at
concessions from last evenings prices ex-
tending to per cent, but while an improv-
ing tendency was manifested in the early
trading the market quickly began to decline,
with Missouri Pacific In the lead. The ac-
tivlty disappeared after the early demand
ceased, and except In the leaders no anima-
tion was shown throughout the day, and
while the opening figures were generally the
highest the lowest prices were established In
the last hour the close being quiet but weak
at or near the lowest reached.
Money on call has been easy, ranging
from "a to 3, last loan at %, and closing at
% TO 3. Sterling exchange is quiet and
steady. Actual business at 4S51 to 1861 for
C0-dny bills and 4S7l to 4s72 for demand.
Posted rates 1856 to 4SS. Government bonds
duh and steady State bonds neglected
Treasury balances-Coin, $129, 1927, ,70o:
currency, Sl2, ,436,9ls.
The following were the closin bid quota
tions
fs coupon, 1855; as, coupon, 1861; Pacific Gs,
10, f2O District of Columbia 3.G5s, llss; Georgia
Is, new, gold, 1851; Louisiana Is, SOL Missouri
Us, 10l; North Carolina consolidated Is, 100;
do. Is ~; Tennessee new Gs, 90; do 5s, ~;
do. Is, GSi; Virginia Gs, 4s do. Nat. coupon,
+I2i Central Pacific firsts, III; D., Il. G. j. n.
firsts, ti2; Missouri, Kansas and Texas gen. Is,
COT; do. 5s, 5Gi Northern Pacific firsts, li7t;
do. seconds, 1861; Northwestern consolidated,
francisco, l15; st; Paul consolidated, ie5; s..
Paul, Chicago and Pacific firsts. 110i; South.
eln Pacific tirsts, ll5; Texas Pacific II. g., Gd;
Union Pacific iirsts, 1l3i; West Shore, 10ls;
35; do. preferred, 80; American Express, lO7;
Boston Air Line preferred, 90; b. G. S Il. N,
90; Canada southern bli; Canton, i5; Central
Pacific, 2T; Chesapeake and Ohio, 2; Chicago
and Alton, 100; do. preferred, 100; Chicago,
burlington and Quincy, 1924; Clcv colo, dj;
Consolidated Coal, 20; Delaware and Hudson,
luOs' DeldWafc, Lackhwanna ana WESTERN
1871; Denver and Rio Grande, II: Erie, 23l;
do. preferred, 55l; Fort Wayne, 1921; Harlem,
213; Houston and Texas, Is; Illinois Central,
11bl; Kansas and Texas, 49,; Lake Erie and
Western, l3l; Lake shore, sDs: Louisville and
Nashville, 53l; Manhattan Con-, s;l; Memphis
and Charleston, 1884; Metropolitan Elevated
1921; Michigan Central, ISL: Missouri Pacific,
SIT; Mob. ~ o., 4; Nor, & f., 1891; Nashville
and Chattanooga, 5Il; New Jersey Central
iSs; Norfolk and Western preferred, 43s; North.
e1n Pacific; sOi; do. preferred, 49,; Northwest.
ern, l00i; do. preferred, 40; New York Cen.
tral, 10il; New York Chicago and st. Louis
l3i; do. preferred, G5; Ohio and Mississippi, l9l
do, preferred, so; Oregon Navigation, sT; Pa
clfiC Mail, 33i; Pittsburg, 1856; Reading, COS
llchmond and Allegheny, 8; Richmond and
West Point Terminal aia; Rock Island, III;
St L. g. s. f., 2si; do, preferred, GSi; first pre-
ferred, 1lll; st. Paul I5l; do. preferred, 1l5;
s., Paul and Omaha, 3il; do preferred, 1911
91s; Union Pacific 52s; United States Express,
Il; Wabash, ST. Louis and Pacific, 1ai; do
preferred, 22l Wells Fargo Express, 100;
Western Union, t7ii; Silver Certificates, 97s;
American Cotton Oil, aGl; Quicksilver, 81; do.
| preferred, BOT.
asked. tEx.diyiAend.