National Republican. (Washington City (D.C.)) 1872-1888, 1875-05-05

GKEET ACTIVITY AND ExcTTEMENr IN DISTRICTS
| -THE SALES EECEED ALL OTHER SToOKs AND
| BoxDs CoMBISED, BOTH II NEW YORK AND
| WAsHINeToS-4ETTERs OTHERWISE QUIET IN
| WALL STREET-PEVoRABLE OUTLOOK FOR QUIZ
FoREIsN TRADE-7aEW MARKETS
ACTIVE AND UNCH sssED.
Monetary.
WksHINsTc7, Tuesday Evening.
we have 10 record the most eIclte3 market
that IA 5 ever been known is'the District Of o.
lUcAbia Cong-ess guarsntsst IS bonds both
here and elsewhere. Private dispatches have
beeEpouring in constantly non New York siI
day Informing operators here's to the statsOE
the mszket, and wat quantity Co furnish add
forward while Indicators have been watched
anxiousIy.
On the strength ofohese reports, Which showed
brilliant future for The bonds, thsr sxcitsmsnk
became inssnse in the afternoon. Many who had
condemned Jerry Wilson, regretted that they
had parted Win their ''iesd. ~ while cthers who
REPEBIIcArs were in tbs bess of Sn1It,S r5s
transactions Of the Warrington Stock Board
snow an Improvement for az District bonds and
stocks, and a very naterfalone for these, which
were quoted at f28T2N. Bgt it was afsr the
meeting that the 1aOysu and activity displayed
themselves more distinctiy, and prices advanced,
amid great activity, 70 T41S@TBS at the close.
The market in View York OPsnsd with an i'm
proved feeling upon yesterdays closing, and sold
element caused decline to 49, .land there]1as a
sight depression at this ho1r-ll a. m Bat AZ
Lhs 1i9 board great activity was eYinced, and the
stock rapidly advanced to T4Iz6T4k cIOsinr
slightly of at ~. The sales in, the Stock tx
change aggregated SA6S0OO, and IL Is not kaOEn
what was the extent OFthe private Ousines5 GA the
street, showing a business largely in excess OF
AL the other TRANSACTIONS at the Stock Exchange
today.
After the close Of business in Wall street Ao ID
ers in Washington were IN a Qusndary whether
70 embrace the opportunity to realize the present
high prices or to run the Jisk Of q still greater
margin.
Our private advices frousNew York this even
Ing state that this is faToFite stock smenS ops
ratGrs, and that "puts" amt "cSlls" and all the
ing applied to this stock.
1t Is dtaeult to predict what Will be the course
tomorrow. This is either q bull movement and
may break at any moment, or the ponds ara beiny
bought as heretofore by large. Investors who
have fairly estimated their value in which, event
they may 90 higher, and remain firm It the
prediction Of good authority in New York that
they will reach so the present month and stand
there.
The fact that "straddIes" were being offsrsf
freely late in the day lead many to believe that
the stock had about reached steady prices AMI
that fluctuations either way will be immaGerial
during the next few days.
In New York to-day gold opened at 1I5JS sold
ct llbA and closed active at l15L@&.
In gold loans the sales have been fat; per
cent. LOT carrying, and 3G4 per cent. per annum,
and loi per day, for use. Foreign exchange has
Deen stronger than yesterday, with the quota
tionS for business in prime bankers sterling
continuing 4sS849l respectively, the market clos
ing steady and quiet. In the money market call
loans have been j6G11 per cent, prime msrcan-
tile paper. quoted at 4@6 per cent, with most of
active. Government bonds have been Strong,
and sold at q fraction advance upon yesterday.
The following closing rates were teIegraphsd
to Messrs. I; ID. Cooke, IT., & Co., from the New