National Republican., 1888-04-05
ACTIVE AND STRONG.
Encouraging Accounts From Washing
ten as to Financial Legislation.

NEW IORK, Apr I.--Thc stock market was
more active to-day than on any day for
months, and was also decidedly strong almost
ifom opening to close, the last prices being In
many eases the best for the day The market
advanced readily even ON light purchases,
but the buying was very heavy throughout
the entire active list, resulting from the early
udNi,cs from London giving the tone of tlut
market us very strong and buOyant, coupled
with the liberal purchases for foreign account.
ntrc encouraging reports from Washington
as to the financial legislation now pending.
raising Of the boycott on the Chicago Burllng.
ton and Quincy freight The covering Of
shorts was very heavy, and the assertion that
most OF thcSc were for the account of western
railroad officials who have been encouraging.
the strikes Tor that purpose iuuni many b..
l!eN,rs In The street.
The opening sales were made at nj ;annes
with exceptional gains among the spccialtics
ranging UP tO . per cent. The gains were con
fined TO about per cent, until toward p n.
when everything advanced sharply AMI the
Improvement ended only with the close Of
business. which was active AMI strong. Most
brokers report that the continued iiquidatilns
of the past year have left their Offices with
but few stocks ON hand,
Money on call has been easy. ranging from
y toSl, last loan nt u, and closing oncrci ~?
sterling cxt hango j. fairly steady anI lqnS,,;
and iS1l to 49, for demand. Posted rates ~
TO issl. Government bonds have been quiet
but firm. state bonds have been neglected.
Treasury bnlanccs-Coin, Sl3l,Ob),sll; cur
rcncy. S1GCGl ,3i2.
The following were the closing bid quota.
'G' Is. casbon, ie3i; ils. coupon 1906. Pacific Gs,
'S5, 1901 District of Columbia 3Gjs ,iisi Georgia
Is, new, gold, lO3i; Louisiana &, D Missouri
Us, l0l.; North Carolina consolidated Is, ZIG;
do. ~, Wl; Tennessee new Gs 100. do. 5S, 20;
do. 3S ~: Virginia lis, y: do. y Nat. coupon,
*Igi; Central Pacific trsts, liii; d., r. q. y y.
firstS, GJ; Missouri, Kansas ami TcSLS gen. Us,
Gii; do. 5s, 5GI: Northern Pacific iirsts. III;
do. seconds, iO!I; Northwestern consolidated,
lili; do, dcbcnturc, 1lO; ~. Louis and san
Francisco. ll5l; 80. Paul consolidated, 12i.: 81.
crn Pacific frsts: M; Texas Pacific H. g., 81;
Union Pacific iirSts, %lli West Shore. lO!;
Adams Express, l3l: Alton and Terrc llautc,
80: do. preferred, ;O:. American ESpress ioT;
Boston Air Line preferred, ij; u. e. N r. ~,
.5 Canada Southern, ~; Canton, NJ: Central
Pacific, 2Sl; Chesapeake and Ohio, IL Chicago
and Alton, 49,; do; preferred, 1905 Chicago.
Consolidated Goal. Is; Delaware and Hudson,
10; Delaware, Luckawanna and Western,
t1Hal; Denver and Rio !!irande, i! Erie, III;
2lG: Houston and Texas, 49,; Illinois Central;
ilO!: Kansas and Texas, l3i; Lake Erie and
Western. -: Lake shore, ssl; Louisville and
MHihb @ GS @ MISmsMa"
1917; Michigan Central. ;6.; Missouri Pacific
,5; Mob. " o., :; Nor. y E., i3S: Nashville
and Chattanooga; ~; New, Jersey Central,
ern Pacific, 20!; do. preferred. ~ Northwest.
ern, l'dl; do. preferred, l31; New York Cen.
| tral, lOis; New York, Chicago and st. Louis,
49,; do. preferred, ~: Ohio and Mississippi, lg:
| do. preferred. SO Oregon Navigation, 81; Pa
| cihC Nail, Sol: pittshurg. 1856: Reading, l1.:
| Richmond AMI Allegheny. >; Richmond and
! 81. l.. a :. f., "; do preferred, 90. first pre-
I feired, lUo; st. Paul, i0.; do, preferred 40;
| 81. Paul and Omaha, 81; do. prefcrc l. ilii;
| Tennessee Coal and Iron, %: Texas Pacific,
22s; Union Pacific. be-; United States Express,
| IL; Wabash, ST, Louis and Pacific, 12l; do.
! preferred. -; Wells Fargo Express, l30;
| Western Union, -; Silver Certificates, 9,s;
| American Cotton Oil. 20; Quicksilver s; do,
| preferred, 81.
| asked. 4EX.dividend.
Washington Stock Exchange.
The following list Of the most active storkS