National Republican. (Washington City (D.C.)) 1872-1888, 1884-02-09
THE MARKETS.
A Decided Bull Sentiment is Felt on Wall
Street
Pressing OF Dividend Earning Railroad
stocks.
ypecidl DisDdich.

NEW York, Feb. s.-The market opened
yesterday strong, and advanced on result of
yesterdays trunk limo meeting. 1t was dull
until noon, when good buying orders sent
the market higher, New York Central and st.
Paul leading. There was some covering of
shorts, but tn main buying appeared to BIO
by the cliques which 70 Gently sold out.
Gould stocks, the ooalors CHANGERS, and
Vanderbilts had strong support all day.
Most business was done in st. Paul, Oregon
and Trapscontinental, New York Central, and
Delaware and Lacknwanna. The market
was favorable for higher prices. Loaning
rates generally fiat Good bond demand.
The market closed dull and strong, under
guidance of st. Paul, which ran up gu ickly
upon tho Vanderbilt stories.
One of the Vanderbilt people who is an in
slider says there was never better or moro
friendly feeling existing among railroad
managers
A prominent Gould broker said he thought
prices would advance without doubt. Tho
bull traders report that the IN arket has al
most had healthy reaction from the highest,
and some estimate that tho short interest in
creased about 100000 shares In the past two
days. The big bears, including Cammack,
Woerishoefer and Smith, declare they are not
doing anything in this market.
The most conservative houses bought more
than they sold yesterday. A block of 10000
full shares of Delaware, Lackawanna, and
Western by a prominent institution and Or
ders was sold at the advance yesterday.
Sloan says Delaware, Lackawanna and Wes-
tern will 60 to 40 before going back to 100.
The Vanderbilt party says no effort will be
made TO GUST tho Cable party from Rock
Island property at present. but 1t is possible
new president may be elected. Wander
bilt holds 1900 shares of Rock Island, and
David DAVIS holds about as much.
4 A. La. lN.. 81
of the condition of winter wheat in eight
states, showing wheat is protected by snow
and suffered very little from frost.
William H. Vanderbilt was elected q
director in st. Paul to-day.
Brokers say Vanderbilt, in going into st
Paul directory, looks like higher prices fol
stocks.
Wheat is dull, and the scalpers are bears
very few outside buyers. Chicago dispatches
are moro bullish.
1t is reported in stock board that prominent
Vanderbilt houses are buying Canada South
ern, and advising customers to buy this stock
1t is officially reported that the actual
figures of the st. Paul road for the year 1SS
show % per cent. on the stock.
Sales of stocks to-day aggregated 332, 40
shares, including the following: Canad
Southern, 9,145; Central Pacific, IL, 900; DolS
ware, Lackawanna and Western, 36,O00 Erit
$40; Kansas and Texas, 1896; Lake Shor,
$3.50; LOUISVILLE ana NashVllle, o,oUOi MIL
souri, Pacific, s,s05; Northwestern, 1900; Ne
Jersey Central, 5,O25; New York Central, 10
645; Reading, 1900; st. Paul, II, 100; TexS
Pacific, 5000; Union Pacific, $3.50; Wester
Union, $500; Oregon ntinental, II, 70
Northern Pacific preferred, 7,449.
STOCKS.
The following are the opening, highest
lowest, and closing prices of the principa
stocks for the day, as corrected by special wir
reports received by Bateman & Co., bankers
No. 1411 street northwest: