National Republican., 1883-03-23
A TIGHT MARKET.
Uncomfortable Feeling Among the Bulls and
Bears Of Wall Street
Uncertainty OF Assistance from the soere-
tary OF the Treasury.
THE DAY IN WALL STREET.
Special Dispatch.


Special Dispatch.
NEW YORK, Mar. 22.-The general senti-
ment in the opinion of brokers is unqucstion-
able bullish, and while the conditions have
changed very little, the undertone shows in
creased strength and the bears arc less i'm
clined to put out new shorts.
II was reported last night that Secretary
Folger would anticipate tho May call.
The Bank of Nevada expects about two mil
lions in cash from California and further
shipments of gold from London are antici-
pated to-day.
Certain city banks late yesterday afternoon
notified brokers that they could have all the
money they required to-day, and that some
con siderable amounts for 80 or 60 days would
be loaned.
Tho brokers agree that about onc-half of
the stringency in the street is the result OF
pure manipulation, and there will probably
be more funds to loan to-day.
The Wocrishofter party are said to be short
25O,0O0 shares of various sorts Cammack has
but few shorts out and expects TO go on a
threo weeks trip TO Florida. Gould's brok-
ers bought some stocks yesterday aud so did
the room traders. A few stocks were sold
regular by small commission houses, who
bought them back.
1t is said that Gumec, Osborn, and Scott
have recently bought lot Of Manitoba, but
that the bulk of the stock is held in Canada
Scott bought 1900 shares up to Ids about a
week ago and has gone homo long of it.
A big bear on Lackawanna in the board yes
terday offered to bet 5000 that Lackawanna
would sell down more than up from the pres.
ent prices this year, also that it would not
touch 1875 again.
Mining circles arc excited, and thcro is
trouble over the alleged missing trust funds
Tho variance is between the American Min
ing exchange and the Mutual Trust company
Liverpool markets have holiday on account
of Easter week.
MORNING GOSSIP.
Private Washington advices intimate pretty
strongly that the secretary will do something
10 relieve the stringoncy in money, but the
treasury balances are quite low.
The decline in British funds this morning
is partly attributed to the accident to the
queen.
Money opened, offered at 12, now 10. Stocks
loaning 8 to 10; market firm. There is scat
tering trading in st. Paul
European advices report very good buy
ing demand for American railway bonds in
Frankfort and Amsterdam.
London is buying New York Central and
Erie.
1t is stated this morning that all the various
leading railway corporations having offices
here have ordered all surplus idle funds from
other points TO this city to be loaned on call
which is already being done to considera.
bic extent.
At l o'clock this afternoon money was
offered at 8, and reduced business on the stock
exchange curtails the demand. Sterling Is
nominal.
A Washington special just received says that
Secretary Folger will make q public {report
early this afternoon.
Speaking with reporter at noon, Secretary
Folger said, al will not at present do any
thing with regard to anticipating the treasury
payments, but cannot say what the week will
bring forth"
Another treasury official says that the de-
partment cannot anticipate the 100000 due
on the AS on April more than two days time,
because there are $4,000 checks tomake out,
and it will take several days to do it.
REVIEW OF THE DAY.
Stocks opened from l@l higher but there
were more buyers than sellers. Eoaning
rates for stocks were from SOLO. Thelargost
short interest was reported in Lackawanna.
Money was first offered at 12, but settled to ..
The lower rates for money were partly due
to the two days interest over tho holiday of
Good Friday and partly to the anticipation of
the May call possibly to be announced to-day
"a on Saturday. Government bonds were
steady and dull. Exchange was nominal.
On the second call the market was dull and
strong. Money dropped to after ! o'clock,
and there was more strength and activity no
ticed in the general list in consequence. At
2 o'clock money dropped to z; at 2:30 trading
became lighter and prices reacted to from
the best figures. Money lent 8 to 8, and Z per
cent. at 2iO.
Toward the close of the market reports
were spread that FOlgers probable action had
been msrepresented and that he would do
nothing to assist tho needy. This gave a
great impetus to the mauipulators of money,
and that desirable commodity jumped up at
1858 p IN. to 20 and 20, closing on the last loan
at 90. Under the uniavorable influence of
tho money situation the general list went off
at the close.
The following are the quotations of mining
stocks; Alicc, 800 asked Carb lIill ll5 to
125; Taylor Pacific, 16 to Is; Consolidated
Virginia, AZ TO 40; Southern Pacific, Z to s.
LONDON, l2;30,-Unitcd States ll's, lower (;
New York Central, higher Pennsylvania
Central, I! Reading, /; 81. Paul, 4 higher
Bank rates unchanged.
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 q Co., bankers,
No 1il1 Il street northwest:
Nam. .',,... IT. a !