National Republican., 1883-07-31
THE MARKETS.
Very Small Orders Still Serve to Send Prices
Up or Down.
Brokers n Little More Hopeful OF Better
Things-The Quotations.
GOSSIP OF TIE DAY.
Special DispdicA.

GDtctut DleDmcl.
NEW YORK, July 30.-The feeling con-
tinues rather bullish, aud conservative opera
tors arc sanguine of a better market this
week IL the strikers and other interrupting
influences arc out of the way. An order TO
buy 10000 shares Of various stocks on Satur-
day would have advanced the market per
cent. on an average. Tho room traders are
nearly all bulls again, and only few old
bears continue paving at the market. Slay-
back Is ono of the latter chronies. Smith
and Morgan's brokers bought Lackawanna
saturday, and the board members say other
good buying was noticed in this stock. The
order broker In Western Union says Goulds
sustaining orders in tho stock were very
prominent all day Saturday. Telegraph people
are still defiant, and the directors are all with
Gould in the fight and wont recognize any
organization of tho strikers. A settlement of
the trike is probable by Wednesday. Mr.
Mitchell, of the brotherhood, being ques-
toned by Herald reporter last night in re-
gard to reports of the striking operators re-
ceiving pay for the last half of July, on the
same basis as If they had been working, said
this was sheer nonsense They had no funds
for any such purpose The strike, he frankly
admitted had lasted a week longer than OK
pected. and they would appeal now to the
public for financial aid and SO test the public
bympHlny 30 freely expressed.
The trunk line managers are gratifed over
an increase of 1000 tons in east bound freight
last week. Gowen of the Reading, claims
that Reading is earning O per cent. on the
stock just as he predicted. Insiders say Van
derbilt is pushing his Pittsburg extension to
the coal lands very fast. Joe Mills will be
out in week.
Atterbury bought Delaware and Lackawanna.
Bissell offered 5000 at 1858. Fanshawe
bought 400 of New York Central The Van
derbilts are dull and neglected. Van Setback
bought st. Paul heavily. Slayback bought
Western Union. Money is at per cent;
sterling unchanged New York Central and
Jersey Central lend fiat Richmond and Dan
vile fiat to Ct; Louisville and Nashville at
l, and st. Paul to 2 per cent. The advices
from Saratoga say the feeling Sunday was
bullish, but Vanderbilt declines to re-enter
Wall street for speculation.
1t is rumored in the board that the striking
telegraphers have offered certain concessions
to the Western Union company but there is
no confirmation of this rumor. Several men
are stated to have returned to work at vari-
GUS points.
United States As are in demand and firm
on the closing of the books tomorrow.
The Texas cotton crop throughout the state
is reported in tine condition, but with aver
age delay of fifteen days in growth.
Mr. Somerville, of Western Union, SAYS
five instead of sixteen operators returned to
work here to-day, and at Montreal six re-
turned. The brotherhood here says six oper-
ators have left the Western Union since Sat
urday and Joined them. Secretary Ely, of
the stock exchange, says the last seat sold
brought $4,000. This price is now bid.
There is no change in the general short in
terest to-day.
Cotton is depressed on account of the raid
made by the Ranger clique in Liverpool at
the close.
REVIEW.
The market opened little more active at
1 to in advance of Saturdays closing ex-
cept New York Central, which was lower.
Up to 2 o'clock the market was active and
strong A large business was done in Della
ware and Lackawanna. Sternberger and Field
were the largest buyers. Van Emburgh &
Co. were also large buyers Bissell sold
5000 shares of Lackawanna at 1864. New
York Central advanced to III upon reports of
increased earnings and large buying orders;
the other Vanderbilts were neglected. Money
is plenty at 2; sterling unchanged at 4Si@
4S74. 1t was said Smiths brokers were buying
the market After the second call the market
reacted fractionally and the old familiar dull.
ness set in. The principal gossip on tho
board was about the strike and all kinds of
rumors were flying around, but none could be
traced to definite source. 1t is the prevail
ing opinion, however, that the telegraph
affairs are approaching crisis, and a better
tone prevails on the board in consequence.
From o'clock to the close there was nothing
doing. The market reacted slightly at the
close but the undertone was good.
LONDON, 1:30 p. m.-United States 4s un-
changed, Erie 1.16 higher, New York Central
higher Illinois lower, Ontario and West
ern lower.
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. 1411 + street northwest: