National Republican. (Washington City (D.C.)) 1872-1888, 1886-03-03
TIE MARISETs.
Speculation Takes an Upward Turn on
wall street-Yestorday's Quotations. in
the GrnIn md ProyIsion Markets.

wall street-yesterday' Quotationsin
the Grain and Provision Markets.
NEW YORK, March "A decided change
came over the spirit of speculation at the stock
exchange to-day. Business continued dull
throughout the forenoon, and with the eXCep.
ton of some show of weakness In the early
dealings prices were firm, but without any
very material changes in quotations. Rumors
were atoat carly in the day that an agree.
ment had been reached by which the Gowou
Corbin interest was to work in harmony with
the syndicate headed by Drexel, Morgan u Co.,
and after midday these rumors took such def
mite shape that the market began to advance
rapidly especially the coal stocks, and still
later confirmation Of the reports by the par.
ties most directly interested further stimulated
speculation, and the market remained active
and strong throughout the afternoon, with
only one or two slight reactions. The total
sales up to midday were less thanpO, 600 shares,
while for the whole day they were $4,000
shares. OF this amount, however, the four
coal s-Lackawanna, Reading, Jersey
| Central, and Delaware aud Hudson-contri-
buted over so per cent. of a total of 233,77O
| shares. Half as much more was furnished by
| the next four most active s.ocks-St. Paul,
| Northern Pacific preferred, Lake Shore, ana
Erie, while the remainder ofthe list was very
| quiet, although prices OF every thing dealt In
| Bympathized more or less with the strength dc.
| YclOpod in the more active shares.
Both Mr.. Cotbin and Mr. Gowon were quoted
as the authority for the statement that au
| agreement has been reached by which the
| reorganization of Reading will take place
| without opposition from any of the parties
| mentioned. The market closed strong at or
| very near the highest figures Of the day and
| with gain of y per cent. for Lackawauna,
| ~ for Delaware and Hudson, 2 for Reading,
| and IA for Jersey Central. Erie preferred
| showed very decided strength and made net
| advance OF y I, but the remuindcd the list
| is up nom - to ia per cent, the strongest be.
| ing st. Paul, Manitoba, Lake Shore, New York
| Central, aud Union Pacific. The break be.
| tween aud 3, which amounter TO only fcdc.
| tions, was on reports from Il jston that the
| Atchison directors had adjourned after dccid.
ing to sustain the president in his fight with
| the other trnnsContnCntal roads,
| Sales of stock to-day aggregate l53, iO7 shares,
| including the following: Delaware Iacka-
| wanna and Western, II, iO'; Delaware and Hud
son, l7,Gi3 Erie. - 40; Kansas and Texas, a.
| go; Lake shore, 1866; Louisville ana Nash
| vile, G,380; Manhattan cnnsols, S,2Ij; North.
| west, II 1873; New jersey Central II, 20; Read
| ing, - 300; Union Pacific, 1850; Western
Union, 9,G2l Northern Pacific preferred 2S,-
| $50.
Money on call continues easy at IL to 4
| per cent, the last loan being mt p Exchange
| on London continues dull and steady. Cow
| eminent bonds are active and strong. State
| bonds have been active and prices steady
Treasury balancCs-Coln, SlGO, ID ,jbli cur
rency, sll,0iS,S07
Quotations OF Tuesdays Stock Sales.