The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1884-01-09
Nnrna


NEW YoRK, Jan. S-Money l-2 to 3 l.2
closed, offered, 2, prime merqantile paper
to IL; sterllug exchange b. b. strong at
4s3 sight 1876 81. 81, 1C01.2; 412, ia IA:
"a, 1913 4; Pacific .ixes OF 1895, 12S Denver
| q RIO Graudo. q 4; H.us'on & Texas
Central, 40. Kausis S Texas % Missouri
| Pscihc, s97 $, itxAs & Pacific, is 3-l
Coy erpRcnts, steady Railroad bonds
| Irregular West Shores, IS, de
cliued from 63 Ii to 6l L.
relied 10 02 1 oy sa es of 81 100 600; Uhes-
apeske e Ono currency skies ioil eh 10 As
Union Pacific u.iking funds 10 LII 2
Texas Pacific laue yTdn's IS 1 2 Norr 4
Essex firsts -ose to So Socks .opensd
weak and lower today, tho Bank Of the
Republic complications having been ireely
used by tho bears TO depr-ss prieeg Also
tho shorts circulated exaggerated reports
about the cutting OF freight rates by the
eastern and wCstcrn roads. The declisn
ranged IL 10 8 s per cent, the latter on
| Oregon rranIcor tinenthl, which sold down
| from SO IS 10 30 6.S. After this decline
proved ling was due to good buying
| OF stocks and the announcement that the
affairs Of the bank OF the republic we're in
good shapt, and that the institution was
rot only solvent but after clearing oil every
| asset that might possibly % called doubt
| ful il hsd clear surplus Of $500 coo over
aud apove its capital Of 81 500 00O. which ID
| in tact. There was another slight reaction
| but in the closing dealings the market was
generally firm, soms stocks selling up TO
the highest point of tbs day. Union Pa.
oifr was a great feature OF spsCul alton
throughout the day, aad the transactions IN
tue SOCK reached Il s94 out uf u tOtal OF
| 327, ,2sl sharts This stock was the objective
point OF the hears, and the short interest In
it again incressec. 1t was freely
taken during the afternoon by outside
parties on information that the earnings
for the year will show surplus Of 81, 2OO, d.
600 over and above Us dividend, and prob
ably more The oiiioia statement OF ths
land department OF The company shows
that during the vear !, ,leO,515 acrs5 have
been sold for $3,702, 259 with 3,6NOl2 acres
sold the previous ear Tor $40 $40 ~, and
with about / 100000 acree left On hand.
The statement ga- suppused 10 nave me-
thing to do with the inside buying. Ia the
late sales u nion Pacific m Jvet up 90 - 7'S.
Louisville & Nashville TO 10 I y, Mlasonrl
Pacific TO 30, nnd Western UnOn % zoe.
Tho stocks ~ tho Northern Pacific system
we're subjected to repeated attacks
bv the old bear parry. Oregon
Navigation declined TO % and
Improvement 20 O. Oregon Trsnsconti'
mental recovered from 30 5'S 10 81 on
the announcement thal the comrauv bad
completed an srranccmrnt whereby 81 500
shares each Of the Oregon Navigation and
Northern Pacific, common and preferred,
would he deposited Tor one year IN the
Farmers Loan & Trust company for secu-
riiy ora loan OF S8,cGG 900, the proceeds to
he used to take M an equal amount OF the
company's bill payable. Comrared With
Yesterdays close. prices were Is 60
iower. Chicago & Alton was 3.4 higher
NJ IL O'Clock. la the sPecalties Alton y
Terre HHutr, preferred, declined - ~;
Chesspease g. OHIO lsl. pre- erred. Is ~
"a Is; Spring Mountain, rose Id to III
Memphis & Charleston, l 20 81 franssc
tions, 3l7 600 shares.