, 1888-01-04
rELEGRAPHIc BREvITIEs.

Iuc duhudl CtiNCultOu VI lnG hllHCTS
and Laborers' Amalgamatcd Association
has convened at Everson, Pa.
Count dc Sponneck, secretary Of the
Danish legation at St. Petersburg, has
been appointed Danish minister to the
United States.
The Birmingham, England. canal burst
yesterday at a point near Dudley. Hun
dreds of families were rendered homeless
by the inundation,
The New York legislature was op ned
at noon yesterday. Governor Hills mes.
sage was very brief Fremont Cole was
elected speaker of the assembly and Henry
r.. low president of the senate.
Gen Bragg OF Wisconsin, mas gone to
Washington IN response to 4 message
from President Cleveland. It is considered
certain that he has been rendered the
Mexican mission and that he will accept.
The Markets Stocks and Cattle.
New IoRK. Jan. 3.-News of the re
newal of the Reading strike this morning
occasioued IL desire to await further de
velopmentI among the operators, and the
stock market was extremely dull and in
the main weak, especially for c]oalers.
grangcrs and Union Pacific. Trading had
little significance, being almost entirely
confined to professionals. The market
opened heavy TO weak, with Reading off
per cent, though losses in the rest of
the list were for insignificant fractions.
The trading lacked character except in
Reading, the rangers and Union Pacific.
which were fairly active all the week, and
the general h7t was %stagnant, with a
droopinE tendency. Prices in the active
list slowly sagged off until the afternoon,
when coal stock showed a better tone and
the general list became steady at the de
cline. Slight reactions occurred and the
market, which remained utterly devoid of
feature, finally closed dull aud steady at a
little better than the J west prices Of the
dav.
Governments dull and heavy. Mining
shares were in good demand. Money 4
(d5G per cent.
Congratulated weak Lake. $lG75.
Petroleum was active and excited all
day and the prices touched the highest
point for over two years. The opening
wan excited at beg, z above Saturdays
close, aud in the first half hour the price
advanced %, to 934 There was Il slight
reaction from this figure and the market
was steady around % till afternoon. when
the price suddenly iumncd to 94B. An
other reaction followed, but the heavy
buying, which WAS a noticeable feature all
day, continued and the prices quickly
moved back. The advance then c%ontin-
ued up to the last minute, and the market
closed strong and excited at 95s Sales.
1910. 600 barrels.
Following are closing prices of stocks:
Pacific 6's. ll9; American Express,
100; Cnuada Pacific. 6I4; Canada South
crn, 80: Central Pacific, 81; Burlington,
llSi; Delaware, L~ackawanna, 1898; Dem
yer Il Rio Grande. 22l, Erie, 2S; Lake
Shore, %; Louisville e. Nashville. GlI;
Michigan Central, S74; Kansas & Texas,
Tx; New York Central, 1919; Northern
Pacific, 225; preferred, 46g; Northwest
err, l07: Oregon Improvement, 4G;
Navigation, S9l; Transcontincntal, 2i;
Pacific Mail, $50; Panama. -; Rock
Island. ll2; Milwaukee q St. Paul,
7+4; iScadinr, 65s; Texas Pacific, 25I;
Union Pacific, 40; United States Tx
press, 57i; Fargo, %; Western Union,
In
CmrAHn, Jan. :. -CatIo-Rc,rrpts,
$500; market strong; fancy So 25(a5 SO;
good steers, 50 U0(@t. 90: storkCrS and
teadrrs, - 25(@3 40; Texas steers, - 40
@3 25.
Sheep -Rcceires 5000; market slow
and steady; fancy muttons, s. DO(@5 %;
inferior to good. So OO(0E75; Western,
3.50CG5 90; Texans. 81. 5O(@3. 10.
Wheat-Markct lower. Cash 77s; Feb
ruary 7SS; May 81 Il-lG.