National Republican., 1883-01-05
THE MARKETS.
A Decided Bullish Feeling Animates the
Traders in Wall Street
Plenty OF Predictions OF Higher Prices
The Stock List.
THE DAY IN WALL STREET.
eDCci1l Dispalch.

NEW York, Jan. 4.--There was no mistak-
ing the bull feeling predominant this morn
ing, and there was strong evidence that
the big men of the street were bullish on the
situation. Tho Gould, Osborn, and Wander
bilt interests were working together, and the
room traders also changed TO the bull sido
Outsiders also entered the market, and coun-
try ders were reported.
Judge Hutchins, who has been very bearish,
says the bull combinations are now Irresistible
The improvement this forenoon ranged beL
tween and per cent
On the second call trading was little dull,
and reaction followed
Money was offered at 6; last loans at 5. Ex-
change was steadier; governments were
strong, As and 4l's being in especial demand.
The market closed very strong, at the high
est prices Of the day, showing gain for tho
day of from to . per cent. In these dis
patches yesterday the probable course of the
market to-day was clearly indicated. IL has
been undeniably bull market from begin
ming to closing. Should this keep up for q
few days the outside and foreign buying
would be very good. Keene, who has been
selling the market so heavily for the
last few days, was caught by this rise
with good line of shorts out. Every attempt
made by him to-day to cover was followed
by marking up the list from him. All indi-
cations point to q higher market tomorrow,
but the situation will change with the desires
Of Gould, Vanderbilt, and Osborne.
1t looks as though the big bears were manip-
ulating the market for higher prices and roll
ing over each other.
a 1t was announced this afternoon that Van
dcrbitis not going away, and that has created
some speculation which will probably carry
market higher.
To-DAY's POINTERS.
Tho market showed evidences of the best
support this morning, Gould & Osborne,
brokers, assisted by the room traders, most of
whom were short, have been buyers. 1t is
believed Gould will compromise with Mutual
Union, and a settlement is near.
All the big men talk bullish and promise us
a higher market.
Tho country is. in much better condition
than it was six months ago, and stocks, as a
rule, are not dear. We look for an advancing
market with reactions, of course.
Vanderbilt has given up his trip south for
the present, so he says, May be he thinks it
best to stay and look out for his stocks.
All of 0sborn's friends are great bulls on
Denver, and the room traders are getting bull
ish.
Commission houses report orders coming
from the country to buy stocks on every re-
action. A heretofore prominent bear says
there is nothing now in sight to sell on.
Points are given to buy Erie for 40, Canada
Southern for 75, st. Paul for ITO, and Michi-
gan Central for no. all of which are declared
big purchase on large earnings, good trade,
and easy money. u..
Washington dispatch says no more bonds
will be called during the year ending Jnne
80, 1885, H
A Cincinnati, Ohio, special of this morning
gives details of an important projected south
trunk line, including new road under the
control of Gould. The latter assumes entire
control of the Mobile and Ohio road as soon as
IL passes from the receivers hands and will
make it part of the Wabash system also part
of his southwestern combination. The Wa
bash and Ohio will " extended into New
Orleans.
Stocks loaning at 8; New. York Central, Al
Illinois, 2@3; Chicago, Burlington and
Quincy at A.
Horton g. Van Emburg borrowed Chicago
Burlington and Quincy, and Illinois Central.
Bennett & Co. borrowed New York Central.
The demand for large portion of the above
stock comes from sales of foreign stocks bor-
rowcd to arrive.
1t was reported that Gould had Joined
Osborne for bull movement 1t is said that
Gould is going in as special partner with
Osborne, and this is backed up by the deter
mined movement. 1t is also coupled with
the settlement Of elevated railway troubles,
and the ending of the Western Union litigation
Gould talks of starting a London branch
house this spring TO be managed by q member
of the New York stock exchange and his son,
George Gould.
The Mutual life finance committee yester-
day decided to make no more loans upon
stocks which sell below par on the stock ex-
change.
A Chicago special says the managers Of the
southwestern roads discussed passenger rates
yesterday, but without result. They are still
endeavoring to form an iron-clad agreement
for maintenance of passenger rates between
Chicago and st. Louis and Kansas City.
Mr.. Scranton, of Scranton & Willard, Is now
very bullish, and George f. Dickinson has also
uurlleu Dull,
1t is reported that Gould bought largely
yesterday, including some Erie. Osborn Il
Co. bought good deal Of st. Paul and Denver.
1t is generally believed that bottom prices for
the winter have been seen, unless some unex-
pected calamity occurs.
Russell Sage was giving out a good many
bull points last night, declaring every active
stock on the list would do to buy for advance
inside of next two weeks.
Foreign houses say London bought heav-
lily Of leading stocks, and sustained the turn
yesterday.
A receiver has just been appointed for tho
Danville, Olney and Ohio river railway com
pany.
Special Dispatch,
CHICAGO, Jan. 1.-The Western passenger
agents have agreed to restrict the issue of free
passes to influence transportation.
LONDON, Jan. 4.-l1rie advanced /, Illinois
Central, Reading, Ontario and Western
4; st. Paul, % and New York Central de-
clined J.
STOCKS.
The following are the opening, highest, |
lowest, and closing prices of the principal |
stocks for the day, as corrected by special wire |
reports received by Bateman & Co., bankers, |
No. Corcoran building;
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