National Republican., 1888-02-28
A MORE ACTIVE MARKET.
Most of the Stocks Record Fractional
Decllnss.

NEw YORK, Feb. 27.-The stock market was
more active, especially in the first hour, to-day,
during which time nearly half the days busi-
ness was transacted, and under some pressure
to sell from the foreigners prices moved of
fractionally, and in few cases for greater
amounts. large amount OF stock was sold
for London &C count, but 1t was absorbed With
out bringing out any long stock Of Importance,
though the traders made sharp attacks on the
list in the hope Of reaching some stop orders.
The Burlington and Quincy strike had COM
paratively slight effect upon the market, aud
m Is moi eNpeotea d 70 Have v m9cn On 6usness
Burlington IL unable to handle. The adyices
from London Of heavy decline in American
securities this morning caused a rush to sell,
but the pools had supporting orders IN cir
specialties, and the offerings were absorbed
without any marked impression on the list,
except in those stocks which lacked the sup
The professional traders continued 10 sell
the. list throughout the day, but after the first
rush there was dull and heavy market only,
which presented the usual features of tra-
ders market. The opening der the free
selling displayed more animation than has
been seen for month past, aud first sales
were made at concessions Of from "a to y per
cent. from Saturdays closing prices, aud fur.
tber small losses were sustained In the first
hour, except for Louisville and Wabash pre-.
ferred. which showed decided weakness. The
market then became dull and continued to
sag off very slowly untilthe last hour, when
tnere was better tone developed and
slight fractions were regained, but the close
was very dull and about steady at a shade
above the lowest figure. Everything is lower
TO. night but declines are for fractions only.
Money on call has been easy, ranging from
21S, Sterling exchange Is dull, but firm. Actual
business at 4S5 to iS5l4 for 60.day bills, and
4S1 to 1914 for demand. Posted rates 4S6 to
4SS. Government bonds have been dull and
lected.
Treasury balsrces-Coin. sl29,5i59OO cur
rency, sl2.4ij, ,47d.
The following were the closing BID quota
tions to dav:
s., coup i?s3 AZ lo1S rac es Of ,sS l29:
% Cons Ho b. Sis No. 81 5o Il S. a l5 g. r. soia e. 1914 co
g. 10; do Is, 9iH; Tennessee new;
"a "a: c. 6. q, q; a., do *. ;s nat na. Gov coppSh
Grande frsts. ~ NJ. X. sndT., gen, 6s. GSi4;
do. 5S, so, Northern Psc. frsts. ll63s do
seconds. loih: Northwestern cons. ".i24: do.
southern Fac. col. iirsts. ilb;si r. +. R.G. & G.,
Gsls. Northern Pacific list, ll3lI: West shore
S 49, Aass dam r. EzPrsss P% E49is.i l s'On m and Rd, T.
soithefn; s&s; canton. a: IS Cen. Cen psc.. .;
Ches. and OHIO, 27s; Chicago aud Alton, 1856;
lard and and Col. 70 Con. Coal 20, Del. land and
Hud; tlO;s4; Del, d Lack. 1901 !; ben. y K, g.,
x2l: Erie ~ ); do. pfd.:. go, Fort Wayne, 1853;
Harlem. PIG: Hous. d Tex, Isl III. Cent. 1l5;
Kansas " Teys,, l4l5 l.. E. " W, lia;
Lake shore, 81: Lvi;;, and Nash, 56Zs;
NJ Nan iSS i9Si. Mic Mich Gep ahF s9 cSor Mo pao o.
| so: Mob. and o.. Ia. Mar and e.. 1885
n. Chat. Is; n. J. Cen, s0l4; Norfolk and
AZ Hortnwestern @ io7; dS pid., % 49,; dSi G'S n
pfd., 661s;. Ohio and Miss. %; do. pfd., sl
burg, 1856 Reading, 655S; Rich. and Allie, g.
Rich. and W. p. Ter, 223s; Rock Island, ll2IS
St; Louis and San. Fran, 33ls; do. pfd.
1151s; st. p. and O., 27iI do. pfd., l66: Tenn.
| @. and L. SOlS; Texas Pac., 25AS; Union Pac.
5514: US. X, 72IS wab Pac. 1877 do. pfd., AZ
Wells Fargo. i29; West. Union, 7S2z; Silver
Certificates; 9Tlfa; Cotton Oil Trust, 3OIs Quick
liver. II; do. ptd. s5l5.
sAsked. fEx.dividend.
Grain and Provisions.
nlIn t.s l..s ft.la