National Republican. (Washington City (D.C.)) 1872-1888, 1881-02-25
MONETARY MATTERS.
FINANCIAL AND COMMERCIAL NEWS.
Wall Street TransactiOns-The Latest Quotations
in Stocks and BOnds-New York and Bal.
timore Produce Markets-The Lon
don Money and Stock Market.

| NEW YORK, Feb. 24.-Money was quite stringent
again to-day, and ranged between I2 andz per cent.
per diem, in addition the legal interest and closed
| at A@56 per diem and per cent. per annum. Ex-
change was reduced per cent to 1927 for GO days and
| 4S5 for demand, but was subsequently marked up
= cent, TO 4S3 and 4S5z, respectively. Actual busi
ness was done at 1872 IS1z for long, and 4S34SS for
short sight. Governments weak and s135 per cent.
lower for ali issues except four and half per cents
when were unchanged. State bonds quiet. TenneS-
see skies, old, declined from 81 to 3d. while Louisiana
consos declined from 623 to 611a. North Carolina As
sold at So Railroad bonds generally lower. Erie
Ond consuls declined to 49, advanced 1OO and closed
at 99 991; Kansas and Texas seconds declined So
recovered to S2i, and declined TO SIS; Lehigh and
Wllkesbarre consos assented declined TO 1885
L C. /. C. incomes to GO, recovered to 69s; Mwau-
kee and st. Paul rss L. & NJ division) fell to I225l
Mobile and Ohio first debentures TO 81, and advanced
TO ST. New York Elevated frsts fell to u.s. Louisville
and Nashville general mortgage 6s to 102 and
Ohio and Mississippi seconds to I24l&.
The stock market opened weak, and in the early
dealings the entire market was depressed and declined
= TO So per cent in the general list latter Louis
Vile and Nashville while Alton and Terre Haute pre-
ferred sold down to lis, this stock being offered at 10
at the close yesterday The stringency in the money
market was the main of the weakness, and on
the announcement that the Secretary of the Treasury
would Immediately redeem presentation the So
ODl00 bonds included in the one hundred and first
call, issued Monday, the speculation assumed
extremely buoyanttOne, and brisk purchasing move
ment was lnaugurated, which resulted III rapid adj
vance ranging from 10 per cent Hannibal and st.
10 leading the Improvement Denver and Rio Grande,
New Jersey Central the Granger stocks Texas Pacific,
Western Union, Central and Union Pacific, Lake Erie
and Western Louisville and Nashville Pacific Mail,
and the trunk line properties also prominent in
the advance When the excitement subsidized prices
reacted 14d34 per cent, the latter in Hannibal and
81 10 common During the afternoon the dealings
we're irregular, but late iii the day. notwithstanding
the hardening tendency of money, recovery of u
1 per cent. took place in the final dealings and the
market closed irregular. Transactions aggregated
6lS 9 shares, including Canada Southern, I350l Cen
trial Pacific, $500 Delaware, Lackawanna and West
ern 3l,7GG Denver and Rio Grande. AGA; Delaware
and Hudson IL 500 Erie 700. Hannibal and 81. 10,
1900; Iron Mountain, 1900 Kansas and Texas, $780,
Lake Shore, 9,31G Louisville and Nashville, S,2CG
Michigan Central, 2s9e Manhattan Elevated 1850;
Northwest, 2i9G Nashville and Chattanooga, 81 $780,
New Jersey Central, u 900 New York Central $500;
Northern Pacific 22.5e Ohio and Mississippi. 1906
Pacific Mail, 4i,S00 Reading, 9O00 Paul, a 800
ST. Paul and Omaha, $500 Texas Pacific $500; Union
Pacific, 49,SG1Wabash Pacific 1900; Western Union,
1880
The following observations the transactions in
the financial market yesterday, together with highest,
lowest, and closing stock quotations. furnished by
the banking of H d. Cooke, jr., & Co., 1892 +
street, Washington, d. C.: