National Republican., 1883-12-07
THE MARKETS.
The Wall Street Atmosphere Surcharged with
Gossip.
Increased Activity In Speculative Circles
The Railroad Wars.
REVIEW.
Special Dispatch.


NEW YORK, Dec. 6.-The market aside
from tho Wizards was strong throughout the
forenoon, but in the Northern Paoiics and
Oregon Transportation, which were freely
sold, there were declines of 1 to II cents.
Oregon Navigation was offered from $1.12
down to $1.10I on sales of only 800 shares.
Tho attempts to raid tho general list were
futile.
A feature was the Northern Pacific pre-
ferred, seller 60. The street was full of
rumors respecting Mr.. Keene's financial
status and the stories of his cmbarrassments
were denied by his friends who assert that
no has been short of Oregon Transportation
for some time, and declares the company will
pay no moro dividends. At IL o'clock prices
generally were ! to above last nights
losing.
Tho Willard stocks, excepting Northern
Pacific preferred, fully recovered the morn
ing's decline
The Villards and Grangers furnished the
bulk of the trading up to noon.
Money, 81 per cents loaning rates for
stocks unchanged; sterling steady and quiet;
United States Is higher than ever before.
Tho general market was stronger and
higher at noon, but the Willard stocks con-
tinued droopy at about tho lowest figures.
Oregon navigation fell to 100.
On tho second call the market developed
somo weakness, and prices fell to per
cent but at 2 D. m. the tone was frmor on
war news from China. At 2:15 the market
was strong and tending upward. Tho trad
ing was unimportant. Willard sold Oregon
Transcontinental very freely, and the room
people, headed by Kirkner, hammered
Northwestern and st. Paul. The market
closed weak for the .Grangers. but the
Wizards fairly steady.
GOSSIP.
Most of the large operators were at the
Windsor last night including Vanderbilt,
Gould, ID. o. Mills, Smith, Woerishoeiler, and
Cammack. 1t is reported that tho Pennsyl-
vania Central had withdrawn from the Coke
pool, which is a portion of the Trunk Line
Pool association, and it was upon this that
Cammack sold 10000 Lake Shore yesterday
afternoon. Mr.. Fink said last night that
whether this pool was to be continued or
broken it would be decided to-day, and from
this it would seem that the announced with
drawal is prematuoe. The leading bears de-
cline that the dissolution of this coke combi-
nation breaks up the whole Chicago and New
York trunk line pool.
Tho coke business amounts to several mil
lions yearly, and the trouble comes from New
York Central extending into the Pennsylva-
MIA regions. Vanderbilt and Depew eac h
said last evening there was no more truth in
the reported breaking of trunk line pool
than there was in the stock exchange rumor
that Now York Central had decided to issue
$20,000,000 in bonds
Vanderbilt says he is doing nothing in
stocks at present, and had not pegged New
York Central or Lake Shore. but he had said
that all the stocks pressed for sale were
bought by somebody further that the New
York Central had decided to lower commu-
tation rates 90 per cent. from Jan. l.
1t is reported on excellent authority that
Vanderbilt has had his experts examining
the Reading railway accounts for the past
year to see if it actually earned dividend
and 1t has been determined upon this proven
showing to pay per cent. on the stock
Vanderbilt's people bought 10000 shares yes.
terday upon this point The Delaware and
Lackawanna yesterday decided to reduce al
sizes of Scranton coal 10 cents, and it is ex
pected other companies will follow suit
Tho various mining companies agreed t
suspend work ten days this month.
The Louisville and Nashville and Other
lines in the same pool agree to arbitrate al
matters regarding rates, &c, on Jan. 10.
Private London cable reported that thu
Grand Trunk lease Of tho West Shore roat
had been signed.
STOCKS.
Tho following are the opening, highest
lowest, and closing prices Of the principa
stocks for the day, as corrected by special wire
reports received by Bateman q Co., bankers
No. 1411 L street northwest: