National Republican. (Washington City (D.C.)) 1872-1888, 1886-02-13
THE MARKETS.

\ Brisk Day and Active Speculation
in the Wall Street Share Lists-Re-
view of Grain and Provision Quota
lions.
New York, Feb. l2.-Except In the eaily
dealings the stock market to-day has been
alternately active and strong, and dun and
weak. Opening prices showed decided al.
vances over last evening for most OF the
active stocks, the gains ranging from to
per cent, the latter Delaware and llud-'
son, but Lackawanna was up 4, aud Louis
VILE and Nashville g. Immediately after
the opening the market became weak, and
declined from fractions to over ! per cent.
during the forenoon. The active stocks
that yielded more than | per cent. were
Lackawanna, Delaware and Hudson, Lake
Shore, Missouri Pacific, Northern Pacific
preferred, and Union Pacific. The lowest
prices of the day were established before
or about noon, which was followed by n
small rally, and then dull and heavy mar
kct until after l o'clock. There was a
sudden rise in the coal stocks, and in Erie
later in the day, followed again by
slow decline on limited transactions, and
n spirit Of activity in the last fifteen miu-
utes which continued untll the close, car
rying prices in many cases up to the best
figures Of the day, aud the market closed
strong at quotations. The result Of the
days operations is an advance for the most
active stocks OF fractional amounts, except
Delaware and Hudson, which is up IL, and
Reading, which shows u gain OF ~, and q
decline for the less active shares and Erie
of to 2 per cent. A conspicuous feature
Of days operations was the remarkable ac-
tivity Of Philadelphia and Reading, the
Total sales Of which amounted to 39,6l5
eShares. This advance was an enigma to the
street, but various reasons were assigned
for 1t, among them being report that
Mr.. GOwen had finally agreed to work with
the syndicate on reorganizng the company.
Erie led the list in point of activity, and
there was considerable realizing by parties
who saw profit, but the stock showed de-
cided strength under the heavy
sales, at no time selling more than per
cent. below the opening, and closing as
stated with loss OF only z. The stock last
mentioned, Lackawanna, st. Paul, Reading,
and Lake Shore contributed 26O,6 600 shares
TO the total business Of 403,625 shares,
which Is an increase over yesterdays trans
actions Of Al, 600 shares. With the excep-
ton Of Jersey Central of which the sales
amounted to $500 shares, the rest of the
list was unusually quiet. The market con-
tinues uninilucnced by rumors OF which
there is remarkable dcarth of late; only
statements of importance relating to al
legged cutting Of rates In the west, about
which nothing definite was learned
Money on call continues easy at / to
per cent, closing at 2. Sterling exchange
continues dull and firm. Actual rates
$4S7l for sixty-day bills, and $4s0 for de-
mand. Posted rates 1888 for sixty-day
bile, and 500 for demand. Government
bonds are quiet but very strong. State
bonds have been dull and steady. Treas.
ury balances: Coin, $l67, 270, 1906; currency,
81 ,253,195
Quotations of Fridays Stock Sales.
The following daily market reports have beer
furnished by j. Vance Lewis, broker, lie DTo
building, Eighth and Il streets, being the most &C
tive stocks In the New York exchange!