National Republican. (Washington City (D.C.)) 1872-1888, 1886-02-25
THE MARKETS.
Speculation Light in wall street with
Well Sustained Priccs-State of the
Markets for Money. Grain, and Pro-
nInlnnn

Speculation Light in Wall street with
Well Sustained Priccs-State of the
Markets for Money. Grain. and Pro-
visions.
NEw YORK, Feb 2i.--Wilh the exception Of
good business In tw or three stocks, the stock
market has been decidedly dull, bat prices
have generally been firm to strong. There
was very active trading In Lackawanua and
Reading In the forenoon, and good business
all day, the sales of the former amounting to
lo2,CSO shares and of Reading to 81 ,I2l shares.
But this was nearly a per cent of the total
days business. Eric common came next with
nearly 10000 shares, but the sales of 81. Paul,
which for long time past have generally run
above 10000 shares, were limited to-day to
1900 shares, and the dealings I'm Lake Shore
were still LEES. by the activity In the two cotl
stocks mentioned the total sales. however
1920 shares.
Lack9wanna was strong in the early deal.
ings, advancing from llS% to 100, thea broke
to l2i14, but was up again to. l2g and back
again to l23i before midday. In the afternoon
II sold down to 1913, rallied TO 12Sls, aud
closed 4 lower. with net loss OF ) I per cent
Delaware and Hudson is also down Il, after
fluctuations OF IA per cent, and Central of
New jersey Is = higher. Reading developed
strength in the forenoon, selling M to a, but
2G1f, a net advance of a. Erie preferred
showed very decided strength late in the day,
reaching 631z, but II closed "a lower, with u
gain of "a, and New York aud New Englond
scored an advance of u at 80. The rest of the
usually active list is pretty evenly divided be.
tween advances and declines, but the changes
are for only small fractions. Lake Shore, New
York Central, Pacific Mall Texas and Pacific,
Union Pacific, and Western Union are all un.
changed after fluctuations In each case Of less
than per cent.
Among the usually inactive stocks 81. Paul
and Duluth received more than ordinary at.
tenlion aud advanced from 1917 to ilA closing
at 1lI1 The street Is gradually coming TO be.
lieve that Mr.. Governs opposition to the Nor.
gan-Welsh syndicate Will not prove to be as
serious as was feared n few days ago, and that
Mr. Governs recent purchase Of the Wander.
biltReadiug stock had less Specification than
was given II at the time. There was no APP.
parent dminution in the supply OF reports
from the west, to the eftcctlthat rate cutting Is
still the order Of the dry among the lines west
ofthe Missouri river and that the more easterly
lines were threatening TO Join In the light but
they had no Visible effect upon prices, although
they doubtless prevented buying.
The Delaware and Hudson directors declared
a quarterly dividend of ! u per cent, n rcduc.
ton from the usual amount OF y per cent.
Money on call continues easy at ~ TO 2 per
4 to 3. Bar silver, 1929. Sterling exchange
continues dull and steady. Actual rates SSH
for 60 day bills and siSgl1 for demand. Posted
rates SisSlS for G0day bills and 500 for de.
mand. Government bonds are duh and
strong State bonds have been quiet and
steady.
Treasury balances -Coln SIG, 665, 70l; cur.
rency, sl2,s67,SS0.
Quotations OF Wednesdays Stock Sales
The following daily market reports have been
furnished by j. Vance Lewis broker, lie DToit
building, Eighth and Streets being the most nc.