Daily globe., 1883-12-06

ing of timid shorts but the tendency wa.
downward and the transaction!
were large and numerous Tht
Vanderbilts became strong, especially
Michigan Central and Canada Southern
Mail was also strong. After the first hour
the Iowa pool trouble was settled the
st. Paul directors were buying their stocks
the Vanderbilt brokers were heavy buyer:
of Northwestern and everything was go
ing up for bull market. Al least this ii
what the Wall street reports all said. But
the fact was that the shorts
were driven a little and Northwest
ern was put up II, st. Paul II and the
rest of the list with the exception of tbs
Willard stocks advanced q point il
sympathy. Later the railroad war broke
out afresh, and it was impossible to heal
the existing differences and everything on
the list sold off easily, led by st. Paul
Northwestern, and Union Pacific. The
selling of Northwestern during the after
noon was apparently for Woershoffar.
while New York Central and Lake Shore,
the latter OF which was very weak, were
sold by the Cammack brokers. There
was undoubtedly very large buying
Of the dividend stock By good houses on
the supposition that the Iowa pool troubles
would be settled without any fight. Heavy
selling Of Northwestern by Wilson was the
feature during the last hour. Canadian
Pacific earnings during the fourth week of
November increased $4,000. Mr.. Van
derbilt states very positively that there is
no foundation for the reports current
about New York Central issuing twenty
millions of bonds. A certain road, how
ever, which is connected with
the Vanderbilt system it is
said will issue two or three millions of
bonds this winter,ssbu it is not the New
York Central. Mr.. Fink told his friends
last evening that he believed the western
railroad troubles beyond Chicago would be
settled satisfactorily, but ne did not pre-
tend to declare himself authority in ie
matter. The Rock Island and the North
western people here continue TO assure
their friends that their assembling here
has had nothing whatever to do with the
Iowa pool differences, which will not
come Up for adjustment until
the appointed date, Dec. 13, IN Chicago.
They expect to leave for home on Friday
or Saturday. Mr. Clark, of the Union Pa
cifc road, met Ames, OF Boston, at fhe
Windsor hotel last night. and the former
So not oE
river are very much mixed, owing to the
many lines and conflicting interests. The
Wabash preferred management declare
they have no information regarding the
withdrawal of the Wabash company from
the Lafayette pool, and the Gould
people say they are for peace
and not war. It seems from the number
of railroad managers that all the pools in
the country were represented. There will
be meeting Of east bound trunk lines at
Fink's Office to-day and the new percent
ages may be amended. Woershoffer and
Cammack and their friends ara reported
to have been selling stocks furiously for
two or three days. Gould's brokers were
also used by somebody to sell. A proni-
nent room broker, whe has been long from
fifteen to 10000 shares of various
sorts for the past ten days also sold out
his holdings and this tended to cause a
heavy closing. The general impression
prevails among conservative houses that
Lake Shore and st. Paul are not going
down much, and these stocks are greatly
bought By shrewd operators whenever the
fancies are raided.