National Republican. (Washington City (D.C.)) 1872-1888, 1884-08-01
TIE MARK IsTS.
Prices Continue TO Advance and the Tone OF
tho Market Is Buoyant-Bears Fleeing TO

'"o ""hot IL BuOlant-BeaTs freeing 10
Cover.
Special Dispdich.
NEW YORK, July 81 1t is understood that
inc short interest was somewhat increased
yesterday. The bulls predict further nd.
vance, Tho room operators materially added
thc rises at yestQflay's closing hour as they
were caught short aud hurried to cover,
rumOr Is current that Vanderbilt hus
been buying Lake Shore His brokers con.
Iinue to say Tint Nandcrbiltis dungyory little.
lilc Dcufb say that under cover uf the rise the
elques marketed 81. Paul and some Union
Pacific, and thnt many of the transactions In
Union puciile were mere washes
=, inc NOW York Times to-day sums UP the
iln9nciGl condition of tho Union Pacific In
Wnlch " states, "ong thing Is sure no iuOru
dlvlqonds Will be paid on Union Pacific stock
untli thc t12 10000 now owing TO the govern
mont " provided for. Senator Edmunds fears
INIT the road will be unable TO pHy, and 30 fall
into the governments hands"
:, oregon TnnscOntinental paper Is again IN
We market secured by oregon railway, aud
Navigation and Northern Pacific preferred,
hnQ common skies. Interest Der cent. bonds
and ! per ccnt. commission are the rates Mt
winch some Of the piper has been negotiated.
Missouri Pacific and st. louis and san Fran.
cisco received notification that the Atlantic
and Pacific had notified the Trunscontinentnl
association OF their purpose To withdraw from
slant No reason IL assigned for the With
drawnl
The consolidation agreement orthc Elevated
railroad was ratified by the Metropolitan stock
holdcrs--votc, 3d. Go ayes against 1910 noes.
John Caswcll IL Co, 81 Front street has
| given notification Of their suspension, and say
that they will pny liabilities IN full. Tho tea
exchange TO which the firm belongs, has been
| notified. Liabilities about $3.50 900.
John D. Sluybnck, Douglass Henry, aud J. x
James have been large buyers of Union PR
cilo to-day. Tho Osborn follOwingarC reported
| 10 have taken 5000 shares since yesterday
noon. The Dloodgood party has recommended
| me buying, aud II is reported ut the boaiI
thnt new pools wcrr formed IN Northwestern
Western Union 81. Paul, uml Union Pacific
Exchange IL very quiet, but general tone
fairly steady. Government bonds dull.
| stocks opened higher to-day. The Changers
| Vandcrbilts, Western Union, and Union IA
| cilo leading the advance lrlCcs gained
| steadily Till 2:l5, when the guin on active
| stocks averaged | u.
About 800 under rumors of large failure II
the tea trade, prices declined a, hut toward
| the closing the reaction carried prices nearly
| 70 the best of the day with quite firm tone
| We look for strong market up tn noon tO-mOr
row.
Bonds active and higher
a Chicago dispatch says; Large selling or
| New YORK orders In corn weakened the market
Guess New York anticipates heavy deliveries
| Rather risky to sell now. good deal of Ion,
|
| moment"
Loaning rates shade easier number o.
| stocks loan fiat
Bonds dull and irregular
! BY associated Press.
| NEW YORK. July u Speculation Mt III,
| stock exchange was active aud buoyant ant
| there was general aud sharp advance IL
prices. The attempt of the larger bears Il
| cover, which was unsuccessful yesterday, la,
| the elect of bringing In orders from III,
| pluSs n M far Al 4,
nnd this, In connection with the buying for ia,
| long account, brought about an almost uuiu
| terruptnd advance in prices except near til,
close, when the failure of n tea house wa
! used to raid the market When II bcCnm,
KNOWN that the assets of the firm were doubl,
It's liabilities rally took place, and the murkC
lcn OIL firm. Tho advance IN prices was hnscC
on favorable advioes from the west CONCERNING
creals and on cables from London that In,
weather In England was against the crops
| There was u notable increase III the orders 10
foreign and home account. After business
hours II was announced that the steamship
America, which sailed from Queenstown 10
New York to-day, had 100000 specie for tn
United States
The advance in prices rnngcd from = to (,
per cent. The final transactions were alta ~
Coyery of u TO ~ per cent. from these figures
Railway bonds were moderately active unt
ilrmcr today. va
The sales of stock today aggregate 5gl ~
shares, including, Central Pacific, Bile: Della
ware, Lackawanna and Western, ld,2UJ Eric
1900 Kansas and Texas, l7,iQO Lake shore
1920 Louisville and Nashville, l2,lG0; Mis-
souri, Pacific, l5,lOO; Northwest, 1000; New
York Central, li,9s2; Northern Pacific, G,lSO
Pacific Mail, 800; Reading, A,sDO ~. Paul
lll,s75; Texas und Pacific 1850; Union Pa
ciiic, 1913; Western Union, 5i,0l0; Northern
Pacific preferred, 2S,lbi; Oregon Transconti
| mental, 20325
United States treasury baances-Coin, 1921
5S7,2Sl; currency, go, 2S9,l20
H., Quotations OF Wednesdays stock Sales.
Tho following have been furnished by Bate
man q Co.. bankers lIlI = street, being tho
J active atDcka n ~ nNp I,t