Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-11-24
A Considerable Drop in the Shares Of
All Three Trunk Lines.
REST OF THE LIST UNSETTLED.
Better Prices for Cereals and Provis.
ions in the Chicago Market.
WHEAT & CORN TENDING UPWARD.
Greater Demand and Better Figures
for Hog Products.
NEW YORK.

NEW YORK, Nov. 23.-Mr. Gould says to-
day is Slow day; Mr.. Sage repeats it; Mr..
heene. echoes, and its mild reverberations
are heard all over and along the bun and
bear clans. except the Omaha people.
They spout for war still. Their sangui-
nary appetite has not yet been satiated.
The only stock they wanted to see tum-
bled was Omaha, but somehow Mr.Vander-
D1lt would not sell, so the whole market
virtually was made to suffer for Omaha's
sins and shortcoming. The advance of
yesterday was not sustained this merning.
Stocks fell off Immediately after the
opening, led by ST. Paul and Michigan
Central. The latter declined to
49 with hardly rally.
Nothing looking toward settlement of
the troubles in the Northwest could be
learned that was at all reliable, and the
market became feverish in consequence.
Later in the day there were evidences of
buying in the grangers and Omahas by
parties who had the credit of causing the
late decline in them. The tone became
much steadier, Michigan Central rallied to
96. The manipulation of money during
the afternoon caused uneasiness; the mar
ket lost its buoyancy, and a decline
throughout took place. The day, like its
predecessors. has been an active one.
Prices are all lower than on last
evening, and the feeling among
operators is one of uncertainty. The
street has been very free of rumors of any
kind this afternoon. and there is an omi-
nous calm. That there is not panic is
due, perhaps, to the fact that the big men
like Gould. Vanderbilt and Keene bought
steadily. That bat one small house has
failed, is lucky
Early in the day reports were current
that Messrs. Vanderbilt and Gould, on the
part of the bulls, and Messrs. Keene and
Osborne, on the part of the bears, had met
and formally agreed to stop the decline at
all hazards; that Messrs. Keene and Os-
borne and their following had been heavy
buyers, and no effort would be spared to
counteract the evil bear tendencies.
But suddenly the props were
pulled out. and downward the
market jumped with a rapidity that al
most took ones breath away. Everything
went-the Gould as well as the Vanderbilt
shares. What had been gained in one
hour was lost in five minutes. For about
an hour intense excitement prevailed.
The general outlook was aggravated by
the runlOrs that two or three houses were in
trouble.
st. Paul Common has been an especial
sufferer to-day by the collapse of the cessa-
ton of war rumors, declining two cents
from the opening figure, $.1.O3, and at one
time selling down again S1.OO1s. North
western also closed 14c under where
it began early in the day, and Rock Island
11ac below. Omaha ended the day at AK
the fraction higher than its opening, hav-
ing fuctuated between 43 Il and 453s.
You may say with the utmost conf
dence," said a prominent Spectator this
afternoon. ''that the bear party which has
been so successful has decided that prices
are low enough. Messrs. Keens, Com
mack & Newcomb have covered shorts,
and are buying for long account. Init
mate friends of these three gentlemen
have assured me the market has gone low
enough, and that attacks would cease.
The activity around Mr.. Keene's Office to-
day is indicative of a change. I have
reason to believe that Mr.. Keene was
very large buyer of the list all day, He is
a bull on Denver, perhaps owing to the
large number of his puts out at danger
Gus figure in viw of the decline"