National Republican., 1888-01-11
FBvERIsu AND wAvRR1Ne.
The Bears Attack the Market with
Partial Success.

The Bears Attack the Market with
Partial Success.
New YORK, Jan. 10.-The stock market
was neither 80 active nor 90 strong as yes
terdsy, and the speculation lacked vim,
the general feeling especially early In the
day being rather bearish. The most con
splcuous feature was the sudden weakness
Of Louisville and Nashville, which had
been so strong lately. London was seller,
and the decline was attributed TO the
dissatisfaction at the action Of the directors.
The bears were more active and aggressive
than they have been for some days past,
and the natural strength Of the market
was resisted at every point, which gave the
list feverish and wavering appearance
during the early trading No impression
was made on anything except Louisville
and Nashville, however, and the market
soon asserted It's inherent strength.
There was o fair amount of activity at the
opening, which was heavy to weak, with
Louisville and Nashville down per cent,
and further losses were sustained during
the fret half hour, though they were for
small fractions only. A better tone was
soon developed, and the early Losses re-
gained In most OF the list, after which dull
ness succeeded In everything except one or
two stocks, and the market became quiet
and without special feature until afternoon,
when slight heaviness again became
noticeable. The oloee, however, was steady,
at irregular changes from last evenings
prices.
Money on call has been easy, ranging
from TO 5, last loan at 4, and closing Of
fered at 4. Sterling exchange is quiet
but firm. Actual business at 4s4i for 60
day bills, aud 4862 for demand. Posted rates
4s5 to ass. Government bonds dull. but
firm. State bonds dull and steady.
Treasury balances-Coin, Sl3l ,i29,077;
currency, $9,SS6,256.
The following were the closing bid QUO
tations:
,ts, coup. l2S2i; A, 1917; Pac. es Of 'o5, ll9;
La. Cons. 50; Mo, 6s Of 'ss, 100; N. @. Con.
l1Si d! Do s' 9'5; Tennessee Sn Sc dsig new
y cen rsc sS s SG Ill Denver sat ana GSaPRsP RS
sDaFse So Ss d rss M X pan r:! gen g. % az
seconds, 1915; Northwestern cons. l39; do.
debenture, 100; g. L and San Fran. .llS: g.
Paul con- l24 rs g. G oa and Pas ls ~
90: Northern Pacific list, ii23s; West shore,
lo0ls Adams Express, i4O: Alton aud 7. h.
$39.si do; pfda,. 70; Am. Express, lo7; Bos. Air
onhgrn sns g M 3 Canton snd 5 e. Cen 2p Pace Canada @
Ches. and Ohio, 81; Chicago and Alton, lS7;
do. pfd,, 1G3; q. B. and O., 1854; Clevc:
inS hnS fod @ oSi S Sa Escf Con i S9s psG 2 Bel and
Harlem, 2l5;. Hous. 3 Tex, 20; M, Cent. .ll5
Kansas EdEs SIT 4 Texas, ISL l.; Z. ", i55y
Man. d Con-, %; M. and Char, 81;
NJ. 4 L., 1lO; Mich. Gen., SOS; Mo. Pac,
n. Chat, 7s11SS; N. ]. Cen. 7s7s; Norfolk and
Western pfd., ,431s; Northern Pac., 23: do pfd.,
a!5s; Northwestern, 100; do: ptd., 1907; NJ,
pfd., 20; Ohio and Miss, 2354; do. pfd., 20;
Oregon Nav, 9l1s; Pac. Mall, 50; Pitts.
burg, i5i; Reading, eS4; Rich. and Alles, 6;
s.; Louis and San. Fran, So: do. pfd.,
~: do. firstpfd., III St: Paul. !7l do. pid.
9. and l., sSis; Texas % iPsc, @ s5sz Union % Pac,
5s1s; US. X, OS; wab. Pac., 49,; do. pfd, ISL
Wells Fargo, l26; West Union, 20; Silver
Certifcates, gs; Cotton on Trust 3l9s; Quick.
silver; 1873; do. pid.. 3794.
asked.