Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1884-02-03

osss rssovsssd, bss nobody i missed.
An eyo witness aateo that when the e.
psosaon occurred the eotire buildina
seemed 20 b lifted In the air and rent
ap.rs falling back in Q cioud OF dust,
scarcely one brick einginG to another.
o. Wall Sarses.
hW foaK. Feb. - Governments
nrn. Railway bonds strong and in
active demand Not since October last
nave sales at the Stock Exchange
reached the total attained today, 6S5,-
W shares having changed handa
From tho opening to the close Of the
business the tendency Of prices vas
upward, the reactions Whie7 occurred
at intervals having invariably brought
10 buyers and caused rapid reooveriea.
The Bulls were in full control.
Tho smaller bears" have generally
covered and are nov enlisted on the
BALI side. bat the larger Bears are
still heavily short, a. borrowing rates
TOR stocks plainly indicate today. Ore
gon Navigation commanded 4 Per diem
for uss. The activity and excitement
sarpassed ANYTHING witnessed on the
Stock Exchange for a long time. The
dealings IN some long shares were on
An enormous scale, Uuion Pacific lead
ing With 10000 shares, An unusually
large total for any stock. The advance
ranged from to per cent, and sx
tended throughout the entire list The
great features of the market were
Union Pacific, Western Union, Missouri
Pacific, 81. Paul, and Lake Shore.
The rise Was started under the lead
ership Of the Union Pacific, which ad-
vanoed from 1914 to SO. Az the buying
movement in this stock progressed, It
vas discovered that the supply va
smaller than anticipated, and this
greatly assisted the advance. Western
Union followed closely, and rose from
76H to TX, ON business of over So
600 shares. The movement in this stock
today developed that the recent attack
On II from officials of opposing COM
panies, bias created very heavy short
interest which has yet not delivered.
Northern Pacific also advanced. sharp
y selling up from 9lk to 92sk, and
closed ct the highest point of the dsy.
Sales of st. Paul and Lackawanna
vere large, at steadily advancing prices,
The former rising from 9OI< to 81. and
the latter from 12l14 t. 1891. Several
prominent bears were twisted" ON
these two stocks today. The market
closed firm, with many shares close on
10 the highest point of the day. As COM
pared With previons day, last nights
closing prices are { Pa higher.
The sales today represent nearly
400,O00.OO. Granger stocks were fav-
Brably affected by the report that at the
in Chicago on Monday, a pro
position will be submit ted by Clarke, of
The Union Pacific, which il was under
Itood the Burlington would in all prob
ability accept.
Northern Paoidc Was moro active and
higher. common advancing from 22H
% 80 preferred, AN to 81. Oregon
rranscontinental sold mp to Is in SYM
[Athy. Canada Pacific and Pacific
Nail advano ID to 55X and l6sN, respect
vely, the rise in the former being due
10 shipments Of stock to London,
which has reduced the supply here to q
1ery small amount, and in the latter TO
he increased freight business. Late in
he afternoon there was q resction of Il
10 per cent, owing to sales to realize
oy tue smaller class of operators.
All Aheua Lard.
CHICAGO, Feb. 2.-rhe firm of Lavlor
Brothers today began suit against Peter
4o0eoch. Daniel Wells, Jr., and other
members Of the late firm of MoGeoch,
4 Co., claiming $5OO, 900
damages, owing to assertions made by
hat firm against the purity Of the lard
which PLAINTIFF we're putting upon the
market Just prior to the collapse of Mo.
3eOch. The allegations were made
he subject OF q Board Of Trade inves
liRatiOn, but tho FoWlers desire to have
he matter settled IL court, as the Board
II Trade finding vas, in measure, non-
Lottery AGENTS Indicted.
CHICAGO, Fee. 1.-The Grand jury of
Jock County today returned sixty in
iictments against thirty-fOur agents Of
otteries and operators of local policy
hops. Six of the indictments were
'gainst b. Frank Moore, AZ representa-
i've Of the Louisiana State Lottery,
Who was Recently convicted in the Fed |
'ral Court bat under another form Of
tatute.
Utah Rates.
CHICAGO, Feb. with regard to
Utah business, meeting Of the West
Nm Trunk Line Association will be
held next Monday, and it ID believed
hat the Union Pacific will concede the
light Of ita Eastern allies to make
'ates on west bound business, and that
he association will then order an ad-
Tanoe in rates, though il may not
ld0pt the exact sob dule agreed on ut
he recent meeting.