National Republican., 1883-09-07
THE MARKETS.
A Very Strong Closing and Good Feeling for
TO-Day's Opening.
Gossip OF the Transactions fra Wall -oet
Who were Buyers and Who Sold.
GOSSIP OF THE STREET.
.SDectdi Dispatch.


NEW YORK, Sept. 6-Tho majority Of the
Windsor hotel operators last night were
bullish but many operators anticipated lit
tie reaction to-day, claiming that prices wore
marked up yesterday and that the pools sold
all that the market would take. Tho COM
mission houses talked of further improve.
ment, and report increased buying from the
interior, especially from the west for the high
priced grangers and many foreign orders.
Joe Mills says he was told by ono of the
largest houses in the street of steady increased
buying from tho outside public, and tho dis
POSITION of the traders in tho west is now to
deal in stocks instead of grain and provisions
in Chicago markets. Ho is also assured
Gould is a great bull and is buying the mar
ket. The decline in Reading causes much
remark, but it Is generally attributed to
short sales by Woerishoeffer, with sales of
long stock by the holders who fear the Jer-
Hey Central lease will be broken by Vaile.
heene was reported n largo buyer yesterday
and the public bought, but the room traders
sold freely in the afternoon and were bearish,
expecting lower prices this morning upon re-
ports of colder weather from the west
There is strong bull pool in Union Pa
cifc, st. Paul, and Louisville, but the shorts
covered extensively in these stocks yesterday,
and this leaves the impression that prices
may be let go of somewhat to-day. The
trouble in the southwest has been settled and
the Louisville and the Ohio and Mississippi
restored passenger rates this morning A New
Orleans dispatch reports the suspension of II.
~. Coleman & Co., iron founders liabilities,
$4,000; assets, 100000
Reading was most active at the opening,
with large selling pressure Prominent sell
ers were Kendall & Waller, l.. Chase, f. b.
WALLACE n l..
were Alley & Dowd, Hatch & Kimball, and
Warmser. In New York Central Bell and
Herrick were free offerers of stock, and Her
rick offered 1000 shares at 115 seller 60.
In Lackawanna Kirkner sold 1000 and Herts
sold 1000. Buyers scattering. In st. Paul
Weston Il Debilier bought 1000 shares. In
Union Pacific Rutter y Gross and j. Moller
bought and s. V. White sold. Hollister was
the largest buyer of telegraph. Stocks loan
the same as yesterday. Money 2@3. Sterling
unchanged and steady.
Lester & Co., of Chicago, telegraph fine
crop weather in the west.
Slayback hammered Reading extensively,
and r. 2. Flower also sold. Philadelphia
telegram says o good deal of Reading was
coming out there this morning and Jersey
Central is weak. Mccormick, Adams &c Co.,
Chicago, report weather fine throughout the
west; slightly warmer and northwest winds.
Seligman q Co. say London and Amsterdam
are not buying here this morning. Other
foreign houses say London has been selling
Louisville and Erie
The trunk line meeting has been thus far
harmonious, and likely will continue until
tomorrow. Samuel Campbell bought 5000
Lake Shore from 1929 to 103I, supposed cover
ing shorts Clews sold some stock, but most
of the sellers were scattering. In Delaware
and Lackawanna Clews bought 5000 shares,
and the street is full Of points to buy this
stock.
REVIEW OF THE DAY.
Stocks opened to 4 easier and were weak
ON unfavorable crop reports. Reading and
Denver were both very active and declined
IL on both. On rest of list the shrinkage
was to 4. Western Union, Texas, st. Paul,
and Louisville were the best supported stocks
= At noon the feeling was better and prices
to higher Later in the day Chicago tele-
grams said that the corn crop is not yet as
sured, but that 1t will be out of danger in q
fortnight in Kansas and later in the states
north. Rain is needed south and south
west and warmer weather west and
northwest to mature the crop Money
on call 81 to g. Loaning rates
for stocks unchanged. Sterling quiet. Gov
ernments dull and steady. Stocks continued
strong and on the second call compared with
the opening were 81 higher for Northwestern
preferred, II for Northwestern common, IL
for Louisville and Nashville, IL for Chicago,
Burlington and Quincy, and 1 for Omaha
common. At 2:15 the market was strong at
about the best figures of the day. At 2:30 the
whole list was active at highest figures of the
day. About 2:45 Clews forced up Reading by
offering 51i for 5000 shares or any part, and
several stop orders were caught at to {.
The market was doomed to the Close the
later transactions being the heaviest of the
day. Stocks closed very strong, and the
undertone is buoyant to the extreme.
LONDON, Sept. 6, 1230.-Bank rate un-
changed at A. Illinois Central higher Read
ing lower, Ontario and Western higher,
and st. Paul lower.
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 & Co., bankers,
No. 14l1 + street northwest: