National Republican., 1888-04-13
THE MARKETS.
shorts Rushed to Cover nt the Break
ing Of the Deadlock.


NEW YORK, Apr 1!.-Thc stock market to-
day presented no features other than those
which have marked the speculation for the
past week, and while II was heavy TO weak In
the forenoon under the hammorng Of the
bears and traders smart rally in the after.
noon wiped out the losses and established
grins throughout the entire list There was
less business for outside interests transacted
than on any day this week, the greater por-
tiOn of the trading originating with the cS'
change, and as usual In such market the
bears went searching for weak spots and un.
covered one In Union Pacific which broke
badly nearly y per cent. The same tactics
wele continued until near delivery hour,
though the impression made upon the major.
ity OF the list was insignificant. the nuctua-
tlOns In very few stocks reaching rs much us
I per cent, for the day, There was very little
ports of floods in the west while considerable
pressure was brought against the Trunk line
stocks without any marked result Late In
the day. ON the news Of the breaking Of thc
cover and the bulls bought with some conf
doncc, which rallied the list sharply.
The general market, however, was sluggish
with very narrow fluctuations, but with Il
weak tone which lasted until well into the
afternoon, when the course Of prices was
.,lang"di and everything began 10 recover oyer
advance gained force, aud before the close
last evenings prices were surpassed IN almost
every ease. the recovery In Missouri Pacific
being very remarkable. The close was active
and strong at the best prices Of the day. The
total transactions We're 2ui ,l30 shares. The
entire active list is higher this evening, though
advances are confined TO fractions only, the
only stock showing greater gain being
Green Bay with H.
-, The following were the closing bid quota
tons:
Is, coupon. 1874: as. coupon 1864: Pacific Gs.
's5, 1904 District Oi Columbia 3.Jjs, llSs; Georgia
IS. new, gold, lO3l; Louisiana Is, WE Missouri
Us, lO1i; North Carolina consolidated Is, 1is;
do, Is, Gt; Tennessee new is, lOO do. IS, 02l;
do 3s, co; Virginia Os is: do Sat. coupon,
ti2i; Central Pacific tirsts, ii5; D., r. q. II n.
iirsts 90; Missouri, Kansas and Texas gen. Bs,
G3i; do. D. Sit Northern Pacific first. llsE
do. seconds, 1O3; Northwestern consolidated,
1921; do. debenturc, 10; 81. Lonis and San
Francisco, 1lGl; ST. Paul consolidated, les; St.
Paul, Chicago and Pacific iirsts, llg': South
Union Pacific iirsts flli; West shore, i0!,;
Adams Express, 1885, Alton and Tcrre lIaute,
80: do. preferred, 'iO American Express, iO7;
Boston Air Line preferred. %: u. G. Il II. ~,
Pacific, Gsl; Chesapeake and Ohio, II; Chicago
and Alton, i35; do preferred, 1CO; Chicago,
Enrl9Gio9 Pnd 2ui9Sey HI; SlGy Colo 40;
1885,; Delaware, Iackawunna and Western,
1851; Denver, and Rio Grandc, II; Erie, 3ii;
do. preferred. 5d!; Fort Wayne, l53; Harlem,
1885, Kansas and Texas, l3l; Lake Erie and
Western. 13! Lake shore, sSl: Louisville and
Nashville, ,hi!; Manhattan Con, ~; Memphis
and Charleston, H5l; Metropolitan Elevated,
1870; Michigan Central ;Gi; Missouri Pacific,
70; Mob. y o., I; Nor. \ T., iiOl; Nashville
'si; Norfolk and Western preferred, 49,: North.
crn Pacific, 2i.; do preferred, ~; Northwest
crn, 10Gs; do. preferred, lili; New York Cen.
tral, 10it; New York. Chicago and st. Louis,
13l; do. preferred. Gi: Ohio and Mississippi, ln!;
do. preferred, 50; oregon Navigation 81; Pa
cifc Mail, 3OS; Pittsburg, 15Sl; Reading, 5ji
Richmond and Allegheny, :; Richmond and
West Point Terminal, 22t; Rock Island, l03
ST. l.. & $. f., 25; do. preferred, GGI; first pre-.
ferred, l0sl; st. Paul, 69l; do. preferred, no.;
Sn st. PAU ana r omaha; Ms; 90; preferred niT1;i
a2s; Union Pacific, 52s: United States Express,
III; Wabash, st. Louis and Pacific, II; do.
preferred, 2ei; Wells Fargo Express, 1870;
Western Union, 49,; Silver Certificates, 9Ti
American Cotton Oil, %; Quicksilver %; do.
preferred, 35
sAsked