National Republican., 1888-05-22
UNION PACIFIC LEADS.
Favorable Legislation Expected from
CONGRESS,

NEW YoRK, May 2l.-The stock market has
been considerably mixed to-day being al
ternatcly firm and heavy, with but slight Hue.
tuatOns, and finally leaving prices close ~
those Of Saturday. Most uf the interest dis.
played IN the market was centcrcd In Union
Pacific, and II was bought freely for the long
account, the friends Of the property believing
that some favorable legislation at Washington
will be forthcoming In the near future. and
there is a strong effort being made 10 get AN
other day for the funding bill, and It's friends
are confident of It's possagc when brought up.
The trading was dull and generally heavy
declines from Saturdays prices ranging up To
per cent, and under the influence of st.
Paul further fractional losses were sustained
over the entire list. Union Pacific, however,
was strong from the start, and quickly moved
up II per cent, which was further Increased
later in the day. In the afternoon there wasa
general dropping tendency, but the move.
mentS In the list were confined TO the smallest
fractions, aud in tile last hour more strength
was shown, and the market finally closed
quiet but firm at irregular changes for the
day. Financial institutions that are seeking
to invest their surplus money report great
difficulty in securing any blocks of bonds.
There are no new securities, while the old
ones are being rapidly absorbed, ana the IN
vcstment demand must soon he felt by the
dividend paying stocks
I to ., last loan at J., and closing offered NJ
H.. Sterling exchange Is quiet bnt hrLn;
AetuSi business at 5SS Ior gday bs ~ sa Rad
Government bonds have been quiet but
strong state bonds have been dull but firm.
Railroad bonds have been quiet but firm to
treasury balances Coin, si}!Gii, ,iOe.;;; cur.
| rcncy, Sll1l2,5 In.
=, The following were the closing bid quota
| tions:
Is. coupon. 125l: 4ls. coupon i0S: Pacific Is,
'S5, III; District of Columbia 3J5s. llS; Georgia
| IS, new. gold, i0ll: Louisiana s. 9ls; Missouri
6, ios; North Carolina consolidated Is, lG0;
do ig Tannpggln ~ IL
| do IS, III; Virginia Is. 4S: do. X Nat. coupon,
| 80: Central Pacific tlrsts ll5l; D., X. q. n.
hrsts, IL; Missouri, Kansas and Texas gen. SS,
| do. seconds, 10G; Northwestern consolidated,
| 1iOl; do. dchenture, l09; st. louis and san
Francisco. liGl; St. Paul consolidated, ls,; St.
| Paul, Chicago and Pacific firsts. 120; South.
| ern Pacific iirsts. 1lil Texas Pacific II. c., tO!;
Union Pacific trsts, III; West Shore. lO3l;
Adams Express, 1873: Alton and Tere lIaute,
81; do. preferred, Ie american Express, lSo;
Boston Air Line preferred. %; d. 9. " r. N;
%; Canada southern, i0i; Canton, 40: Central
Pacific, 3li: Chesapeake and Ohio. III Chicago
Burlington and Quincy, 1li3,: Clcv.. colo, is;
Consolidated Coal, 20: Delaware and Hudson,
109s: Delaware. lackawanna and Western,
do. preferred, 80; Fort Wayne. $50: Harlem,
2lG; Houston and Texas, 10; Illinois Central,
Il0l; Kansas and Texas, ~; Lake Erie and
Nashville. 5Gs; Manhattan Con, g}i; Memphis
ana Charleston. 80; Metropolitan Elevated,
| 13S4: Michigan Central, ~ Missouri PACING,
~: Mob. 40. s: Nor y E., .1is; Nashville
and Chattanooga, 7j.; New Jersey Central,
sis: Norfolk and Western preferred, dS!; North
ern Pacific, 2il; do. preferred, 52!; Northwest
| ern, 10S,; do. preferred. 1ii; New York Cen
tral, 1855. New York. Chicago and st. Louis,
5l:do, preferred, 6G Ohio and MISSISSIPPI 20i
do. preferred. so; oregon Navigation. 9ii; Pa
cifC Mail, 3il; Pittsburg, 1871; Reading, G3!l
Richmond and Allegheny, 4; Richmond and
West Point Terminal, 81; Rock Island, lOal
st. l.. & :. f., 2Si: do. preferred, Gi; first pre-
fened, 1l2i: st. Paul. 60l; do. preferred, III
St Paul and Omaha, 3T,; do. preferred lQs
Tennessee Coal and Iron, 2G Texas Pacific
20i; Union Pacific 55g; United States Express
90; Wabash st. Louis and Pacific, ID; do
preferred 2i.; Wells Fargo Express, l35
Western Union, id.; Silver Certificates, 9!i
American Cotton Oil. 81: Quicksilver, 0i; do
preferred, 3l1.
%EX.diyidend.
Washington Stock Exchange.
The following list of the most active stock
dealt In on the Washington Stock Exchange u
furnished by Messrs. Bell " Co., Bankers, No