National Republican. (Washington City (D.C.)) 1872-1888, 1884-07-26
THE MARKETS.
Another strong Advanco-The Bulls
Crowdlns Things and the Bears
Laying Low for the Present.

another strong huvance-Tho bui's
Crowdlng Things and the Bears
Laying Low for the Present.
Special Dispatch.
NEW York, July 25.--The bulls con-
tinue masters Of tho stock market. The
lopening was higher, except for Central
tPacifc and Louisville and Nashville-tho
former IL lower and Louisville and Nash
willie "a below Thursday's closing Louis
Vile aud Nashville soon recovered, but
Central Pacific continued weak on reports
Of dec reased earnings.
The grangors were very buoyant and
led the advance. New York Central
advanced TO ITO by 1 o'clock, and the
active list was then TO above the open
ing. A slight reaction set in about 2
O'Clock, but prices soon improved, and tho
closing WAS very strong and active at
nearly the best prices Of the day. Bonds
were active and higher.
Sterling exchange very duh. 1924 to
tSii. Money hardening, closing at per
scnt. Just before 3 o'clock sterling OK
change advanced to dS3 to 4s5.
Leading bears are doing very little, and
say that while tho Osborne Work.
Willard party have control higher prices
are not unlikely, although should there
be any large defaults on interest pay
,ments ON August tho advance would
be checked, and with any considerable
realizing by tho cliques sharp decline
would occur. Tho small bear operators
arc reported to have covered up. They
are awaiting higher prices before putting
out fresh short lines.
The advance in tho market Is attrib-
uted to the new pools. Now York
Central was bid up in tho Exchange
Place by parties who have number OF
seller COS falling due to-day. The
White Bloodgood parties are leaders in
Union Pacific and st. Paul.
by Associated Pres.
NEW. YORK, July 25.-The stock market
opened irregular today and soon became
weak and lower on the announcement that
the Central Pacific had passed its August divi-
dend. The decline in prices ranged from q to
per cent This was succeeded by iirmer
on Louisville and Nashville. subsequently
still lower figures We're recorded for some
shares, 81. Paul selling down to 1923, North
west to 9J55, and Western Union to 5119.
After midday speculation strengthened, and
later became buoyant All the leading shares
advanced with great rapidity, and the shorts
supply of stocks succeeded in covering only n
small part of their outstanding contracts. The
dealings wero attended with great excitement,
ana AZ times tnerc was ulllcfcllcc OF n per
cent. between sales. Union Pacific, Missouri
Pacific, New York Central, Western Union, the
grangers, and the low priced shares We're the
features. There was large increase In out
side orders. Union Pacific sold up TO d21z on
official statements that the August interest
would be paid.
brisk demgndyand sold up from 1863 TO lie
The market closed slightly lower on realiza
tions.
The sales OF stocks to-day aggregate d16, 90;
shares, including tho following: Delaware
Iackawanna and Western, 90 i2b; Central Pa
cifc. 10,3oo Erie, 10,35O; Kansas and Texas
1880; Lake Shore, $500; Louisville and
Nashville, 5000; Missouri Pacific, 10, 100; North
west, 1926; New York Central, $685. st
Paul, Si600; Texas Pacific 20,S75; Union PA
cific, 1850; Western Union, 316S0 Northern
Pacific preferred, s,7il; Oregon Transcontinen
tai, $3.50.
Treasury balances Coin, sl22,O2i,875; Cur
rency, S9,48S,05J.
The Now York Sun says gas stocks generally
have advanced in price. Quotations are: New
York, 1877 to 100; Manhattan, 2S7 to 292; Metro
pOlitan 235 TO 23S; Mutual, 125 to 12S; Munici
pal, 203 to 2O7; Harlem 1913 to Log; Equitable
o TO 50; Brooklyn 12S 10 $780,
Quotations OF Fridays Stock Sales.
Tho following have been furnished by Bate
man u Co., bankers, 1411 + street. being the
most active stocks In the New York exchange: