National Republican., 1883-12-21
THE MARKETS.
Ruling Rates for Leading Securities on Wall
Street
The state OF Trodo at Prominent Business
Contcrs.
Sp,eiot Dispa,on.


NEW YoRK, Dec. 2O,-The market was strong
early in the morning on Union Pacific, but sub
seQuently, on rumor that the Delaware and
Lackawanna had refused to come into the pool
and OH large sales In this stock by Soultcr & Co.
aud L. X. Willard, the market weakened, Lacka-
wanna selling down to ll6A and Union Pacific 70
acting to 759S.
The meeting of the Union Pacific directors ro.
suited in their ratification OF the tripartite agree
ment, and this strengthened the entire market;
Union PnciiC selling up to 40.
Conservative brokers said last night that the
market had been manipulated by bears who had
manifested some uneasiness
President Cable says: Everything looks well
out west think Union Pacific will ratlfy trlpar-
lite agreement; then the other roads will come
into a new pool. The Wabash had not come in,
but Is ready. expect TO 90 west Tomorrow"
IL is reported that the tripartie agreement Is
intended TO pave tho way for new pool, includ-
ing all competitive business west of the Missouri
river.
A broker who is doing large clique business,
said last night that insides had not covered shorts
IN grangers, and he was certain prices would de-
cline before the Iowa pool matters were fixed up.
l.. Calm 4 Co. have been large buyers of Union
Pacific, Hamilton Il Conner sold small amount,
Boston houses buying Union Pacific, and advance
is supposed to be based on assurance that tho di-
Tectors will ratify the triple alliance tsbelioved
IN the room that large bull pool is operating in
'ho Northern Pacific have been sold on poor state
nent ,d s Of earnings. Lockwood q Co. advanced
Resolutions were unanimously adopted at the
Union Pacific meeting to-day. instructing gem
eral managers to invite all competing roads to
come into the combination on equal terms.
Gould said there was a good deal OF discussion
on the resolution, but no positive dissent and he
thinks the resolution good thing, and that all the
roads will come in.
The Texas and New Orleans company to-day
applied for listing s5000000 stock 81 620 900 hrsts
S2,0T5O00 first Sabine division, and $500, 600 Texas
school fund bonds.
The Oregon Trenscontinental has applied for
listing OF ofS20OOOO0 bonds issued againsta deposit
of branch line bonds.
The resolution adopted at the Union Pacific
contains thirty-two pages and terms of contract
between Rock Island, ST. Paul, and Union Pacific
II approves the action of the general manager in
making the contract and adopts 1t action OF the
company.
Sales to-day aggregated 1915, ,333 shares, including
Delaware, Lackawanna and Western, $4,000: Den.
yer and Rio Grande 9,100; Lake Shore, l2O O3G
Louisville and Nashville, 2O,325; Northwestern
6l3Q; New York Central, 6,l3O: Northern Pacific
94l5; Ontario and Wesern, 9,gi5 Reading, 1900
s.. Paul, q 200; Union Pacific, 9illO: Oregon
Transcontnental, 69750; Northern Pacific pre-
terred, $500; Chicago, Burlington and Quincy,
$500.
STOCKS.
Tho following arc tho 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. lill L street north
west