National Republican., 1883-10-13
THE MARKETS.
GOulds Alleged Purchases Of Wabash Pre-
ferred Stock.
The Prominent Buyers and Sellers I'm Wall
Street Yesterday,
GOSSIP.
Spectdi Dispdtcn.

NEW York, Oct. 12.--It is said Gould has
placed in his own name $500 shares of Wa
bash preferred 1t is announced that the
Reading company will to-day begin paying
all arrearages Of interest upon ell indebted
eness upon property. Decker and Howell
say the short interest in Northern Pacific
preferred is 10000 shares, and virtually cor
nered. Tho second mortgages have been all
taken at 81. Cammack says the Texas Pa
cifc last year ran behind operating expenses
100000. lie has no interest in Denver, but
believes IL will como up again. Cammack
says the reason he covered shorts in Union
Pacific and ST. Paul was because of disturb
ing Dreams and he would allow himself to
bo worried, but no still believed they wero
good sale
1t was announced that tho Texas land
grant income bopdholders began proceedings
to collect two years interest.
Woerishoeffer is very bearish on Oregon
Transcontinental, and he says it will go much
lower. Joe Mills says the whole market is
domoralized. Some old bull houses toll GUS
toners to prepare for lower prices aud to sell
on tho rallies, especially il considerable. 1t is
said insiders in Lackawanna and its officials
arc short of it, Tho bears stopped selling Jer
sey because stock is scarce and hard to borrow,
WALL STREET.
Osborn's brokers and Elliott were tho sellers
of tho market. Clews & Co. bought New
York Central. Oswin O'Hrlen sold Northern
Pacific preferred aud Bauvier offered Northorn
Pacific common, seller ten days. s. V. White
and Nelson sold Lackawanna. Burrass and
Green sold Oregon Transcontinental. Denver
was sold by Floyd, and Jones and Brandon
offered stock, seller 80. Loaning rates for
stocks unchanged. Money, 2.
Foreign houses have no confirmation of the
largo impending failures in London that are
spoken of in to-days Herald. Browns ster-
ling rates SO to S5.
The feature in bonds is heavy fall in
Texas Pacific, Rios, with very free selling
of about 100000, down to 20 against 7St. The
selling is generally attributed to Jay Goulds
account Stocks generally weak and declin-
ing. Even those who arc bullsh hesitate
from fear of the Pacific fancies, which may
break 10 to 10 points after books close.
1t is reported the Pennsylvania railway has
circular making sharp reductions in rates
from Pennsylvania points to points in New
York states along the West Shore road, in OPP
position to the New York Central
All active stocks lend at premium this
afternoon. and short interest Is very large
Tho Denver directors are discussing tho
financial policy and arrangement of rights to
subscribe for new bonds and stock Tho right
will expire ON tho twenty-ffth.
REVIEW.
The market opened fairly steady on Union
Pacific, New York Central, Reading, Dela-
ware and Lackawanna, and the grangcrs, aud
firm on Jersey, which sangune parties do
clare is going to 80. Tho soft spots were the
Wizards, Denver, and the Gould shares. Tho
general list was heavy, but Northern Pacific
preferred later on recovered the decline of /
per cent, with the exception of Burlington,
which ut noon was | better than closing.
Stocks at that hour were weak and to
lower. Oregon Transcontinental, Denver,
Omaha, and Northern Pacific COMMON declined
\ to l3, the latter on Denver and Oregon. The
Texas Pacific and Rios sold freely down to 20.
Money, 2. Stocks lent as yesterday. After 12
o'clock the market was dull and q shade harder,
the strong feature being Union Pacific, and
on the second call values were to higher.
Union Pacific and Oregon Transcontinental
were most active, and all active stocks lent Mt
a premium. Early in the last hour stocks ad-
vanced OH shorts covering and improved to
J. Near tho closing stocks weakened on re-
ports of big failure in London, and names
were freely used. The market closed weak.
Closing prices compared with yesterday
show the, following changes:
Acknowledgement Pacific, s Lake Shore,
A Union Pacific, .; Kansas and Texas. /
Pacific Mail !.
Declined-Western Union, ]; Erie, 4 :;
Michigan Central, !; Lake Shore, & Louis
Vile and Nashville, /; Jersey Central, 4 !;
Wabash common, }; Wabash preferred, Z !;
Missouri Pacific, t; Denver, 4 (; LacSawanna
q Oregon Transcontinental, It; Northern
Pacific, IL; Northern Pacific preferred / !;
Canada Southern, Il; Texas, J; Canada Pa
cifc, J.; Reading, !.
LONDON, Oct IL. 12:3O.-United States
bonds unchanged; Erie, lower New York
Central, higher Ontario and Western, /
higher 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. 1d1l b street northwest:
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