National Republican. (Washington City (D.C.)) 1872-1888, 1884-11-15
THE MARKETS.
A General Advance All Along the
Line In the Stock Board-rhe Chi
cauo and baltimore Quotations.

A General Advance All Along the
Line In the Stock BoRrd-'rhe Chi
cago and baltimore Quotations.
New York, Nov. A.--The same lead
ing conse tvative stock concerns which
predicted yesterdays advance in prices
were last night expecting still further
advance and an improv smont generally
to-day. Tho report was that the whole
list closed as strong as chain lightning,
and the Twenty-third street party OF
bears, with Cammack e. Smith, were COW
ering all their stocks as fast as thoy
could. The bears got early information
of the restoration of trunk limo freight
rates, the trunk lines committee having
( decided to issue an order for this on Mon
day, and upon this knowledge they
bought in their shorts In hurry. This
news was also telegraphod to London.
Tho bull houses soy the general short
interest still continues very large, not
withstanding yeeterday's professional
covering. ID. p. Morgan last evening ad-
vised Woerishofter to turn bull and go for
twenty points, but the latter declined,
and said no had had called in 1000 New
York Central yesterday to ship to Lon
don, but whom he learned that the stock
was lending here at premium no lent it
oil out again.
Woershofier says no does not care to
sell any more stocks Just now, but he bo-
lieves in lower prices again in few days.
A private Chicago dispatch says that
Che trtilic managers of the trunk lines
will meet next week and adopt last win
ter's freight rates and q higher schedule.
Tho Chicago and Buffalo passenger pool
have postponed their meeting to fix up
local passenger rates until noxt Tuesday.
hat Of act hnn ola
sold out in tho board yesterday were the
property of the Metropolitan bank, and
people who are already large holders of
these securities were on hand TO take the
Seney securities. Sterling and Groesbeoh
were the callers.
Elkns telegraphcd his friends last
night that he conceded New York state
TO Cleveland by about 1900 plurality.
The New York Life Insurance company
sold 100000 New York city bonds--Ts
of 1S96-through bankers to q Savings
institution. Tho price is supposed to be
$1.3l and accrued interest.
A meeting was held to-day, at which
efforts we're made to get New York Cen
trail, tho Baltimore & Ohio and South
Pennsylvania to join tho Jersey Central
In raising money for the full dividend
and thus prevent the Pennsylvania com
pany from getting control Of tho pro-
perty.
Tho Mail and Express says: Mr.. Russell
Sage has given written notice to the
United States Trust company to stop the
war of rates. The bondholders will hold
the trustee strictly responsible, if the
West Shor6 receivers are not compelled
to abandon what he terms their ruinoui
courses.
1t is said that the Texas Pacific bond
holders has made formal demand fol
the retirement of Missouri Pacific in
terest in the Texas Pacific directory.
The stock market opened active ant
with gains of / for all active stocks
There was sharp rush to lower shorts il
the grangers, and the Vanderbilts ant
Union Pacific followed by very heav.
buying of Western Union on inside points
By noon the list was l per cent. abov
the opening prices, and the improvement
continued until 1:4S, whom there wa
some disposition shown to realize profit;
and fractional decline followed. In tn
closing hour the bulls again rallied, an,
the closing quotations were nearly at tn
best of the whole day, with decided
firm tone based on reports of immedat
harmony among the wrangling railroads
and increased earnings on advance
traffic rates.
The political problem is PRACTICAL
regarded as settled and out of harms way
Bonds were rather inactive. East Ter
nessee consolidated advanced to 55 an
closed at 54l. The others gained fra,
tionally.
Quotations OF Fridays Stock Sales.
The following have been furnished by Bat
most active stocks in the Now York exchange: