National Republican., 1888-04-06
DULL AND INACTIVE.
Disquictiug Rumors From the Gould
jntsrVsts-N UCttcr Tone Toward the

jntergsts-A Better Tone Toward the
gtusc.
NGw ToER, Apr. 5,-.'rhc stock market was
not only less active to-day than for the pre-.
ccdine two day-, but the dealings lacked in
toicst and prices reacted materially In the
forenoon, though the losses were generally
made up again later In the day. The reaction.
however was perfectly natural and in some
directions WAS looked for The short interest
has been materially srcducci during the past
two days, while the markcl advance in
prices IN that lime offered n temptation to the
bullst 10 rcaIi1e that was taAcn the full al
attacks urol'a.fcw ui the leading shares. meet.
ing with very little opposition, Tho local ug.
orators were gen, rally oi buli9h disposition
however. and the news from the west was
very encouraging, and late IN the day the
cary sellers turned huyCrs. Nearly all the
commission houses had orders to- purchase IN
lie morning. but the pressure to srll from the
traders aud clique who. were looking tor a
reaction forced the market on, nnd the de.
lrand for stocks IN the loan crowd Indicated
that the short interest was Still large. The
ui many rumors of Il diS1ulcting character.
and brokers who usually act for Mr. Gould
Mcrnsel'glS ui Western lnion aud Missouri
Pacific. which hnd some effect ON the room.
The opening was irregular and compare
lively quiet, hut the market began 10 decline
Immediately under the lead Of Rcadmg, St.
ties exhibited marked weakness. There was
some reaction before noon, bat the decline
was resumed after that time and Lacka.
wanna became the most prominent stock.
The lnwcst prices were generally reached
after y ir. and the animation di.appearcd
when IA better tone became apparent In the
dealings, and IN the last hour the movement
gained force with Reading, Missouri Pacific,
aud Lake Shore taking the lead.
Money ON call has been easy, ranging from
2 10 II, last loan NJ :? ana closing offered at y.
sterling exchange Is Quiet aud weak, actual
business NJ i,5 to Us. for GOhay bills and $50,
70 is, for I"maga Posted rates iNi TO iNSi
Government bonds have been Qur' and
steady. state bonds have been very duh and
steady.
Treasury balances coin, $I2lloG.Oa}; eur.
rcnCN. Sl2.5Oi.i5l
The following were the closing bid uuotn.
tiunS
ts coupon 1:3,: lis, coupon 1ot,: Pacific Is.
80, ~! :Distrct of Columbia 3l"ls, us Georgia
Is. new, gold, iN3i Louisiana Is 10: Missouri
G> IT,: Nurtl Carolina consolidated Gs. IFS:
do f., %; Tennessee new u. leo: do. rs, 500:
do. 3s, Usl; Virginia u. -; do y Nat. coupon.
F42i: Central Pacific iirSts, iiiI; D.. II. g. Il y.
irsts, Is; Missouri. Kansas and Texas gen. Us,
,ij; do. IS, 5G!: Northern Pacific iir,ts. li;;;
do. seconds Fic3; Northwestern consolidated,
lll: do. drbcnturc. 10; ST. Louis and san
Paul. Chicago and pacihc irSts llH: South
,rn Pacific iirsts III; TcXds Pacific H. c., G6
Adams ESprc.s, i33: Alton and 1eTG iIau.."
30: do. preferred, 20; American Express, lIi;
Boston Air Line preferred. 0j; Il. q. Il Il. ~,
%; Canada southern, in.; Canton, 80; Central
Pacific, ~; Chesapeake and Ohio. "; Chicago
and Alton, 133; do. preferred, i5l; Chicago,
Burlington and Quincy, lir!; tl"V. colo, IS;
Consolidated Coal. L.: Delaware and hudson,
1yGs: Delaware, l.Hckawanna aud Western.
1!il; Denver and Rio Graui" IL: Erie, 2i,;
do. preferred. 81: F,rt Wayne. l1! Harlem,
2lG; Houston and Texas, II; Illinois Central,
1iGi: Kansas and TchiIS, ~: Lake Erie and
Western 49,; Lake Shore, So; Louisville AMI
Nashville, ~: Manhattan Con, 81; Memphis
and Charleston, 50; Metropolitan Elevated,
1870; Michigan Genital, iGl; Missouri Pacific,
iii; Mob. ~ o., u; Nor. ~ H., l3S; Nashville
and Chattanooga ,5l New Jersey Central,
~: Norfolk and Western preferred, i3.; North.
crn Pacific. 2O!: dOi preferred. i}.: Northwest.
ern, lOGl do. preferred, l3D: New York Cen
tral, lO5: New York, Chicago and 81. Louis.
49,: do preferred, o.; ohio and MissiS pi, ~, |;
do. preferred, ~: oregon Navigation, sIl; Pa
cihc Mail, 30i: pittshurg, lM!; Reading, o6l:
Richmond and Allegheny. I! Richmond and
West Point Terminal, NJ. Rock island, iOSl; {;
ST. l.. n s. f., 2ji do. preferred Is I; first pre-
fened, los; ST. Paul, 20; do. preferred, no.;
St Paul and omaha, 35; do preferred. 1O5;
Tennessee Coal and IRON, aij: Texas Pacific,
.s!l; Union Pacific. 5II: United states Express,
n; Wabtt,Al. 81. Louis and Pacific. IL. do
preferred, 2sf;~ Mlells Fargo Express. 13C;
Western Union, ,3g; Siitu." Certificates, gTs;
American Cotton ~, 98i; CuickshIrer, 8; do.
preferred, 30.
Ask