National Republican., 1883-11-03
THE MARKETS.
The Cotton Trade Continues Weak and Dis
appointing,
A General Dizziness PrevaiIing-LcadinB n
Buyers and Sellers.
GOSSIP.
Special DisDdtch.

New YORK, Nov. 2.-Most Of the Windsor
hotel party say they are doing nothing in
stocks. Mills, Smith, Morgan and Cammack
say the same thing. Woerishoeffer says he
sold little Oregon Trauscontinental yester-
day, but he is not trading to any extent and
let's Keene run the market. There was
story circulated last night, from the Office of
Decker g. Howell, that there were two pools
manipulating Oregon Transcontinental.
One of them dumped upon the other
yesterday, raising indignation among
the clique. Another statement was that
Keene was manipulating Oregon Transcon-
tinental for big owners, having been em-
ployed to make q market for insiders to sell
upon. Further, that Keene had no personal
interest in Oregon Transcontinental. Mr.
Fahnestock tells his friends it is not true he
has ever had any interest in Oregon Trans
continental There is some talk of smart
rise in Northwestern common this weok, but
no details given. Brokers agree in saying
that clique operations rule the market, and
features as trading intelligently cannot be on
real merit.
The Kansas and Texas railroad company
have decided to issue ten millions per cent.
consolidated bonds to retire eight millions of
incomes: applied for listing on board.
WALL STREET.
On the opening, Probst sold 1000 Oregon
Transcontinental, s. b. Wilson sold 1000 Erie,
and Struthers and Dominick Dickinson also
sold. The buyers were Sternberger, +. Leo,
and Harding. In New York Central Prem
tice and Henderson bought and Herrick and
G.. +. Dickinson sold. King sold 1000 Lake
Shore, and Coombs bought it. Nothing is
doing in Western Union, but there were few
shorts buying. Stocks loaning New York
Central, Michigan Central, Jersey, and North
ern Pacific preferred lending fat. Money 3.
Sterling unchanged.
Content sold 1000 Oregon Transcontinental.
Coombs sold 1000 New York Central, and
Sternberger & Fuld bought. Stow sold 1,500
Louisville, and the bear pressure in this
stock is based upon reported new opposition
line Of the Erlanger system
Sterling quiet. Liverpool cotton market
weak and disappointing. 1t is thought
prices are kept down to keep the shorts out.
The new Pennsylvania railway converti-
ble option scrip will aggregate $4,000 shares,
but 1t may not be all availed of.
Gowen, of the Reading road, is in town, and
says the decision yesterday in the Dinsmore
suit will only prevent his attempt to prove
the allegations made against the Pennsyl.
vania Railroad company, not the merits of
the case.
1t is reported that $4,000 shares of the New
York Central will arrive here next week, but
other securities have been bought to some
extent in place of 1T, particularly st. Paul,
which have been shipped.
Foreign brokers say New York Central
stopk sold mainly owing to West Shore op-
position. The Woerishoetfer Cammack, Os-
born, and Scott party are talking very bearish
to-day but don't appear to be selling many
stocks, and the business is mainly by traders.
Woerishoeffer says the Oregon Transcontin-
entail company dare not make any statement,
md hat q IL DE'
Cammack and Scott are mainly bearish on
coal stocks. Brokers report general dearth
of commission orders. In Denver and in
several other stocks ordinarily active there
have been no transactio MS to-day.
REVIEW y 9iHuls sgs
The market was again weak and trading
light at the opening, most of it in Oregon
Transcontinental, which declined per cent.
and recovered fractionally by l2 o'clock.
Texas Pacific sold of Ia on small transac-
tions. The Yanderbilts, especially Central
were disposed TO be firm, and at noon New
York Central showed gain of I as compared
with Thursdays closing, and the general list
also showed steady. Lackawanna, next
TO Oregon Transcontinental, was the
most active, and fluctuated 114l to 113Y
to l144 1t was stated that Keono sold the
bulk of his Oregon Transcontinental yester-
day. Money 3. Stocks loaned from fiat to |
to 2. Sterling quiet and unchanged. Between
12 and 2 o'clock there was somewhat better
tone to the market but dullness was very
marked, ST. Paul, Lackawanna and Oregon
Transcontinentalsfu furnishing the only life
Notwithstanding President Jewett's state.
ment that the Erie's net earnings for August
and September were the largest on record
there continues to be good selling
of the Erie company's securities. and
the second consolidated mortgages declined
to l, Texas Pacific this afternoon sold
2per cent. below opening; weakness is based
on the rate cutting in southwest, and suits by
the income bondholders for cash dividends on
two years defaulted interest. At 2:30 the
advance was lost, and values lowest of the
day, with more general activity The
market closed dull and steady at about open.
ing figures, except for the Gould southwestern
roads.
STOCKS
The following are the opening, highest
lowest, and closing prices of the principal
stocks for the day, us corrected by special wire
reports received by Bateman s. Co., bankers,
No. 1411 4 street northwest:
=