National Republican., 1883-09-25
THE MARKETS.
Discussing the Probable Course Of the Willard
Stocks.
All stocks Reported Weak and Irregular
at the Close,
GOSSIP.
SDtcidl DisDdich.

NEW YORK, Sept. 2i.-The main topic
Sunday among tho traders was the probable
course Of the Willard stocks, but nothing dc.
veloped to indicate any immediate change.
The Drexal- Morgan, ID. o. Mills, and Billings
party declare to their friends that thoy have
not sold their stocks. a prominent Windsor
hotel operator said yesterday that these stocks
had been greatly injured by the printed state
ment that, in addition to the SS000,000 con-
structon deficiency, thore still remains u
floating debt of 81 900, 900 against the Northern
Pacific Railway company. The shrinkago
in the Willard stocks last week was as high as
Sl000000O.
The bulls claim that this class of OF security
will soon cut loose from influencing tho re-
maindor of the market, possibly within forty
eight hours, aud when tho current docs
change an advance of 10 per cent is very
probable in the active stocks. The brol;cr5
report that the market continues much over
sold, but the bears, headed by Woorishoeflcr
and Cammacls, 20 on with their short selling
as boldly as when prices were 10 pcr cent.
higher. The big room traders bought in most
of thoir shorts on Saturday, aud are now N
little shy of following the great bears in their
attacks upon the market.
Mr. Connor said Saturday that his people
were inclined to do but little ut present
Mr.. Conner believes the general market
will cut loose from tho Willard influence, and
the result will be gain in prices. Tho west
ern railway managers here say tho only
trouble among their roads is tho squabblc
over the southwestern passenger rates, and
freights are entirely unaffected. Tho faro
from Chicago TO indianapolis was reduced
this morning, and tho Cincinnati ratio made
$i.50 The Pan Handle and the indianapolis,
Bloomington and Western are carrying on
this battle. Tho east bound trunk limo
freightage last week was 1884 tons, or
within 1,670 tons of the week before. The
Chicago Tribune saws this slight falling Off
was owing to lessened export demand, but
the domestic demand almost counterbalanced
it, and the traffic is regarded with satisfaction
by the roads,
WALL STREET.
Powers & Stephens sold 5000 Lackawanna
on the opening and Hughes was also q large
seller Forst & Gormand, Flower, and Quick
sold Union Pacific and l.. Cohn u Co. bought
No feature in Western, except that Scranton
g. Willard bought. Northern Pacific pre-
ferred sold extensively by Bissell, Scranton &
Willard, and osborues brokers' Davis &
Tilcston and Knickerbockor & Co. bought
Northern Pacific. In Louisville Van Schaick
and Oswin O'Brien bought, and Harding sold.
in Reading Randall and Warum were sellers
In Oregon Transcontinental Hamilton and
Conner were large sellers. In Lake Shore
Sternburger and Fuld were prominent buy
ers, and the selling was scattering. In New
York Central Brayton K Ives sold 1000, and
Herrick also sold. The buyers were Mnton
and Tunis. Money, 81. Stocks lent same as
on Saturday. In Chicago grain is ] to cent
down since the opening. Weather unsettled;
temperature lower.
Lake Shore offered down by Louis Bell
and subsequently by Joseph NJ. George sup
posed for Cammack. Wormser & Co. were
the main buyers. Telegraph was sold down
this forenoon on stop order by Hoyt for
1900 shares of the stock. Government bonds,
as strong, with few offering.
REVIEW.
Great interest centered in the Willard
stocks at the opening; also in tho Wander
bilt's, and in the coal stocks, and it was very
generally expected that the declines in all
three would be marked. These expectations
were not verified in the former, though they
were truo in the cases of Oregon Transeonti-
mental and the Northern Pacific II to "a de-
cline During the morning Lackawanna fell
IL, and Reading Y Considering the great
pressure to sell the coal stocks. it may be said
that they were we'll sustained. In the gen.
eral market, which was steady, there was but
little activity. There was a slight rally
about noon on restricted volume of business,
but the interest centered in the Willard prop
critics The market was sold by Boocock and
Cammack
The whole market was vigorous and very
weak. On the second call Bell offered Lake
Shore down, supposed to be for Cammack's ac-
count. The Northern Pacific further de-
clned HON per cent Money %. Lending
rates for stocks the same as on Saturday.
Smith & Morgans brokers sold freely late on
the second call. The Wizards rallied about
l per cent, and the remainder of the list
showed fractional gains from the lowest OF
the day. During the last hour the market
was feverish and unsettled though with some.
what better feeling in the Wizards, which
were 4@14 above the lowest prices. Stocks
at the close were weak and Irregular with q
slightly better undertone than has been prev.
alent during the day.
LONDON, 1:30.-United States AS higher
Erie, lower Reading, lower; Ontario aud
Western, lower; Pennsylvania Central
lower.
STOCKS
The following arc the opening highest
lowest, and closing prices of the principal
stocks for the day, rs corrected by special wire
reports received by Bateman & Co., bankers,
No ld11 strnpt nOrthwnat.