National Republican., 1888-01-19
EFFECT OF THE MESSAGE.
All of the Pacific Railroad stocks Fav-
orabIy Afrected.


New YORK, Jan. 1s.-The stock market
showed about the usual amount Of business
to-day, but beyond the Oregon stock, Union
Pacific, and Reading, there was absolutely
nothing OF interest In the trading. The
traders made sharp dash at Reading in the
early morning and forced II down fraction
only, and the movement had little or no
effect upon the remainder Of the list and
was soon over. The Presidents message,
with the make up Of the special committee,
bad further favorable effect upon the
Union Pacific, and as IL is expected that the
meetings Of the Union aud Northern Pa.
cities will settle the Oregon navigation lease
to morrow, the last.named stock was un-
usually strong, the influence OF which
was felt In Oregon Transcontinental, In
which the buying was very good.
The opening was unusually dull and
rather weak at declines from last evenings
prices OF from / TO J per cent, but the
market, with the single exception OF Read.
ing, recovered Immediately, aud fractional
gains were scored In the first hour. The
Oregon stocks then became the features,
while the general list became stagnaut.
The close was dull and rather heavy, at In
significant changes generally from last even
iDg's prices.
Money on call has been easy, ranging
from to 4, last loan at 81, and closing Of
fered at 3 to 4. Sterling exchange ls dull
and steady. Actual business at 4S4 to 4S4l
for 60.day bills, and 4S6l to 1851 for demand.
Posted rates 4s5 to 4s7l. Government bonds
dull and steady. State bonds dull and
featureless.
Treasury balances - Coin. sl32, 2,17l,525;
currency, $1O,291 ,092.
The following were the closing bid quo
tations:
e, coup, 12e% AZ, loSH pac. ss of g, l!Q,fi
' La Cons. 49, gS S No. 5s Of S. S. icS; n, NC 9. Con. on
s i5sS;' S' dS, 90: o., 'oo}% dSaa' dS., s. 5S$ y$
| Al; Cen, Pec. frsts, ll3Ji; Denver and Rio
Grande firsls 5al% NJ. X, and T., gen. Gs. 7O7s;
do 5s, 81: Northern Pac. frsts, llGl5; do.
debenture, i0S; ST. l. and San Fran, ll1ii 81.
seathS!nl l pac. i Col e5,,s iiia;T NJ i + re; \ ..
iie &c., l" Xdsns Expfess prS IL ii6 Alton V aud l. d
437%; do. pfd., 7Oi Am. Express, lO7l3; Bos. Air
Line, pid.., 97 b. 9. and R, y, ~ Canada Can1,1
Sn6 S Ohio GsnOn Ghicsso S Snd ASn
land ard Col so; Con. Coal, 2j, Del, aud
Hud. loI; Del. 4 Lack 10 Den: r, g;
Harlem, 2i$;' hoHs. ( lex. 70; iii. Cent, IL;
Kansas y Texts, l53E; l.. E. " W, Is;
Make Make shGESi Gen. a. Ss Ly aHa and Nasn' GSar Ol
NJ l. l., iSSjl; Mich. Cen, So; No. Pac.''
g; Mob. and o, IL Mar. and F., gs lSg
Wc.efn Saa pS S ri Sfn PaS SS!'Gs DO p aaa
I. cen, io7iS; Chicago and 81. L., II: do
pfd., 60; Ohio and Miss, ~; do, ptd, IO
Oregon Nav, 93l2; Pac. MAIL 36I; Pitts.
burg, l5G: Reading, G5ls; Rich. and Allie, O.
Rich. and W. P. Ter, 2$l I; Rock Island, ll$ q
st., Louis and San. Fran, 35I5; do. pid:
7lA do. firstpfd., lliA; st. Paul, 76i I; do: ptd
1l5; st. p. and o., 10; do. pid., 1881: Tenn.
G.. and J., 80; Texas Pac., 25ls: Union Pac.,
5l7s; U. S. X, NJ; Wab. Pac., l5lI; do. pfd., 2S
Wells Fargo, 12s: West Union, 7SiS; Silver
Certificates. 0S Cotton OIL Trust, 33,s; Quick
silver. u; do. pid,. 37i5.
| sAsked.
Grain and Provisions.