The evening telegraph. [volume] (Philadelphia [Pa.]) 1864-1918, 1869-09-23

$ % a. rally f @ S% wah s wSn s9S
the bulls, who had not been sacrificed were growing
jnbant, when another break carried Il TO 1855 The
briefly traced in the flying street umors that
one Of these was to the effect that Commodore Van
derbilt had died very suddenly although those who
seen him safely on a special train sn route to Albany,
e e R made the 81 street
ready to purchase yesterday and this morning when
before the public M eye Next in SrdeE came report that
prevent consolidation the applicant representin himself
holder Of Hudson River stock whose interests
Rs report oatSd rather nf
was feared in another It's successor was one chat had
been served in time and that the meeting took place
difficulty said that when the Injunction reached Albany,
Directors we're allowed to meet in peace 1t became
pretty certain late in the afternoon that the meeting had
purchase It in this buoyqnt period it touched the
aaefd Il Ss q. TS wee 70 the ect 6t
Central was to be put in at 1850 and Hind and
being allowed cash dividend of eight per
three O'Clock there was pressure to sell the stock which
unfsvorable ciroum,ance occasoned the last and final
hardly ymp,tuetic with the decline in the Wander
strngency in the money market and 70 the general
e sea eeGe m was the special 3 stocks He '
TO- Hudson River at its lowest touched l65 and
railways reached the street after the adjournment
% s 1g @ 6oTS the the Sc Smo uH n n
fall The figures thus tanned are shown in the list of
street quotations further and as near correct as 1t
possible to obtain them in the vbraory character of
prices. ,,,-- -, -. , Il.
in the Gold Room where the bears emboldened by their
So sudden the ken snaTes aud the PRICE
fell to 1875 The latter however, instantly rallied and
turned the assault putting the price upan eighth per
look down their assaants from the crowning point
of 141A The bears became frightened and large
bers covered Their fears being cghtened by reports that
war with Spain was imminent, as General ,Sickles
had demanded his papers. Yet cash gold was
heavy in transactions for the Clearing House.,
and the bulls paid from per cent gold, to
eighth have their balances carried The of the
policy which the gold Clique have been pursuing keeping
the interest rate in the carrying column instead of the
commensurate with the skill of the whole movement.
They have shown that the bears at their mercy and
will be until gold comes this from Europe Several
cOnsgnments shipboard. and hence many
inferred that the bulls giving the market last
preparatory gracefully cvacuatng and adopting
the bear tactics Whether they have reached the point to
drop from remains to be but the confident of
the bears predict that the elimination Of the price
at hand.
bears rendered money exceedingly active There
panicike nquTing for funds long bank hours and
the ost exraagant rates paid for turning stocks
which is the eXpedent for avoiding the charge
and shows that Wall street always get the
law when disposed In the ordinary stocks this diff
ference between cash purchases and regular sales
per cent. was said to have been allowed in the case
of Central and the other high-priced shares. The
commercial paper market stagnant, might be
pected in such time Foreign exchange utterly de-
morazed and do quotation this evening
Government securities stood the storm bravey but yielded
between half to threequarters per cent the 67s
had upon them by the leading Government houses at
per cent but the street paid gold interest The
but they to the sweeping force of the demand
current, particularly for the speculative bonds