National Republican., 1883-06-14
THE MARKETS.
A Very Active Day With Advancing Prices in
Wall Street
The Market Closed Very strong-Iilinois
Promises Big Corn Crop.
GOSSIP.
Special Dispatch.


New YORK, June 13.-The tenor of the talk
on stocks last evening was bullsh, and the
best railroad authorities agreed there was no
probability of war in the trunk line pool
Stuart, Mccullough, Tillinghast, and the Bal
timore and Ohio people are oil at the Wind
sor, and there is good reason to believe that
the Grand Trunk and Lackawanna matters
will be harmonized to-day or tomorrow.
There is strong bull feeling on Western
Union for to 10 per cent
The June dividends on the Vanderbilt stocks
are to be declared on the 22d inst, and it is
generally believed in Vanderbilt circles that
the Michigan will declare or 81, and tho
Lake Shore and Canada Southern each.
1t is reported that Jersey Central stock is
practically cornered, and tho bears are twist.
ing themselves by overselling. The loaning
ratio was lie premium yesterday and the stock
was very scarce even at that rate. In Phila-
delphia IL was also difficult to borrow, and
there was little floating in tho market. Tho
talk is 90 to % for Jersey this month. The
telegraph people say the summer business
boom has sot in and there arc not operators
sufficient TO meet tho requirements Of the
wires The bear brokers claim that yesterdays
trading was mainly thimble rigging, and the
leading spectators did most of the business
One man traded in various stocks TO tho ex-
tent of 10000 to 100000 shares; that the out
side business has dwindlod away, and that
Texas Pacific and several other Gould stocks
are being fed cut of the box by outsiders, &c.
Messrs. Morgan & Smith were very bullish
on the situation, especially on coal stocks last
evening.
Tho largest buyers of Erie have been tho
foreign houses, Probst Wormser, and Harris
have the most stock.
In telegraph G. S. Scott and Bissell bought.
The sellers were Fanshame, Jameson, and
the room traders.
In Wabash, Probst and Williams sold the
preferred the buyers were Drake and os-
born's brokers. The Lackawanna, Brayton,
Ives, and Cummings sold, and Beekman
bought.
A Chicago dispatch says grain is a shade
higher on less favorable weather Their
mometer 76.
/ Lawson Douglass sold New York Central.
The principal buyers of Reading were Hunt
ing, Marx, Durant and l.. l.. White.
John Jacob Astor fills Amasa stones
vacancy in the Western Union Telegraph
board to-day. 1t is authoritatively stated
that Western Union will be listed in q few
days ON the London exchange,
Philadelphia kilograms report certain big
operators short about 10000 shares of Jersey
at considerable lower figures.
1t is reported in the street to-day that
Gould has offered an option to Kneel and
party in elevated roads to sell or buy, as tho
two cannot work in harmony.
LONDON, June 49, 1890 p. m.-United
States bonds unchanged; Erie, higher /;
Wabash preferred higher; Lake Shore, 1
higher Louisville and Nashville, higher /;
! nm
changed; st. Paul lower; Ontario and
Western, lower; Illinois, unchanged; Penn
sylvania Central, higher.
Special Dfspdck.
CHICAGO, June 13.-This mornings Tribune
says the official corn bulletins for June of
the state agricultural authorities say: Corn
on the whole stands as well as it has In the
past three years, and most of the banner coun-
ties are going to have an enormous crop.
REVIEW.
NEW YORK, June 13.-The m arket opened
! to 2 higher on New Jersey Central, Western
Union, and Wabash preferred. The Wander
bilts improved TO Z per cent. Erie was
strong, and rose during the forenoon. The
German brokers were prominent buyers, and
it was reported that they were buying to
cover European short accounts where stocks
are scarce.
Stocks lent at 2; Jersey at 1-32 to lie;
New York Central at and Delaware and
Lackawanna / to 2; money, % sterling un-
changed; government bonds strong.
On the second call stocks were Strong and at
the top prices of the day, with big trading in
Western Union, Reading, Wabash preferred,
and Louisville and Nashville. In Louis Vile
and Nashville there was said to be bull pool,
and the short interest was twisted somewhat.
The orders from Philadelphia to buy Jersey
Central were very large, and it was reported
that several wealthy traders there were short
of 10000 shares.
The granger stocks improved per cent.
outside buying showed but the largest
trading was for leading operators, including
Morgan & Smith.
The Western Union to-day declared the
usual II dividend, payable Aug 16, after the
legal injunctions are removed.
The Western Union quarterly report showed
surplus after deducting the next dividend
of S3,743,000. John Jacob Astor has been
added to the board of directors,
The largest buying of Louisville and Nash
vile to-day came from Woerishoefler's brok-
ers indicating short covering.
In the last hour stocks were strong and
active. Reading, Lake Shore, Wabash, Can
ada Southern, Northwestern, and Lacka-
wanna being buoyant at to per cent. above
opening prices of this morning. The market
closed active and very strong on all the
active list
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. 14ll street northwest: