National Republican. (Washington City (D.C.)) 1872-1888, 1884-07-16
THE MARKETS.



Special Dispu,ch.
New YORK, July Is. The market opened
half higher to-day for all active stocks, ST. Paul
Northwestern, Lackawanna, Western Union
and Pacific Mail leading the advance Trading
continued dull and strong up to . O'clock when
the best prices of the day were reached, New
York Central, Northwestern, and Union Pacific
improving the most. Immediately amer 2.l6 the
marketbegan falling upon free realization sales,
New York Central showing from ihe best
After 2;30 trading was very light and the clos
ing fairly steady at the fractional reactions
Bonds were active and higher; Eric seconds
gained per cent. on the day. Sterling cx--
change very dull holders are stubborn, aud
buyers won't operate at 4Si& TO 81. Money
easy, closing per cent.
market active. Exporters again bidding TO
get wheat for shipment Corn firm on light
offerings.
In the cotton market the trading was light
and entlrely local. There was a slight ad-
Texas
The larger operators are reported to be
practically out Of the market for, the time
being, and well informed brokers do not look
for any immediate activity. The short In
terest In the room Is believed TO have been
increased yesterday.
Commission brokers report very little out
side buying.
The Mutual Union Telegraph company an.
nounce message rate between New York and
Chicago at % cents. This is 8 cents below the
Baltimore and Ohio.
Fletcher q sharp, bankers, of indianapolis,
suspended. The house stood very high. No
cause assigned for failure The collapse will
not affect Fletehcrs bank, which is a strong
institution and C0nscrvatively managed.
The failure of G. $. Henry, the petroleum
broker, Is caused by being short between i0O,-
OOQ and 100000 barrels Mt lnearly the lowest
prices Of the recent declines, He was mem
Der OF the Petroleum. Exchange Governing
committee of New York, and his failure was u
profound surprise.
By associated Press.
New. YORK, July 15.-Thc stock market
opened strong on the prompt denial of further
failures IN the dry goods trade, and as the day
advanced became buoyant. There were heavy
purchases by prominent operators, and the
brokers reported increased orders from the
smaller class of traders. The crop situation il
still the chief topic Of discussion, and the
favorable character of the ndvices from the
grain.growing regions was the principal factor
in speculation at the stock exchange.
The increased export demand for cereals,
port and the falling of In the visibly supply,
| have added to the bullish feeling, rs did also
dispatches to the effect that the Union Pacific
earnings are improving, and that the land
IN prices ranged from "A to AZ per cent the
Nanderbilts, the grangers, Lackawanna, and
| Pacific Mil being the features. Speculation
SS2n ,s WasI strong strong until alter p M when
trouble In the trunk line pool over the distri-
button of percentages The decline in the
| remainder of the list was less important, and
ranged from a to IA per cent, In the final
and the market closed firm. During the af-
| ternoon some New York Central was brought
| in under the rule.
Railway bonds were generally firm.
Sales OF stocks TODAY uuprppatp Oha a1b