National Republican., 1883-06-15
THE MARKETS.
Trading Active and o Strong Bull Feeling in
Wall Street
Encouraging Crop Reports From the
Wcst-Tho Price Lists.
GOSSIP OF THE DAY.
Special Dispatch.

Special DisDdtch
NEW YORK, June 14.-The leading bull on
stocks confidently remarked last evening
that tho market had taken the bit in its
mouth and it looked now as though it would
run away with the bearish room traders, and
If prices wero sustained little longer the
traders would not be able to break the
market. Others declared there was more
substantial evidence yesterday of an extern
sive deal and a smarter bull movement than
at any time this season. The best informed
brokers say there is no doubt that Morgan &
Smith audlthe Vanderbilt party arc working
together, f9r, higher prices and they have re-
Gently purchased extensively of Delaware
and LacSawanna Jersey Central, and Read
ing, The immediate following of this
powerful party has also bought heavily Of the
general market. A good many grain, pro-
vision, and petroleum dealers are now in
stocks, believing there is more money
in them. Brokers say tho manip-
ulation Of Western Union yesterday
was hard to guess, because Jameson bought
largely and appeared TO give the most orders
in 1t all day. II is believed, however, that
Western Union will go TO 90 very easily this
month. 1t will be listed in London as soon
as the Pender and Morgan stock is delivered
in London. 1t Is necessary for certificates TO
be held in England to some extent before they
can be placed on tho London exchange.
There is new bull pool in Louisville and
Nashville, and Mr. Morgan's brokers were no
ticed as buyers yesterday, but II is not known
that he is in the pool personally
Woerishoeffer's brokers covered considera-
Bile Louisville and Nashville yesterday.
Van Hoffman & Co. are borrowing n short
$4,000 shares of Erie. Dillon's dispatches
from the west predict magnificent corn
crop.
Tillinghast, of New York Central, says the
pool line managers did no important business
yesterday.
The large buyers of Lackawanna have
been Coombs, Prince & Whitney, T.. p.
Schmidt, and Warfeld. The sellers were
Hartman, S. V. White, and Kirkner. In
Reading Unger bought; the sellers were Jud-
son, L. l.. White, and Elliott. In Lake Shore
George Dickinson bought and bid for large
lots. The sellers were Davis, Minis, II. III.
Hart, and De Rivas. There were no special
features in Western Union, but the Jameson
party is apparently working it for reaction.
Harmed bought Erie largely. Peters & Pell
bought Union Pacific. Herrick sold New
York Central, and Prince & Whitley bought.
Keene and Hutchings have turned bulls.
Keenes intimate friends say he is the princi-
pal bull in Louisville and Nashville Coombs
bought 1900 shares of Delaware and Lacka-
wanna on an out of town order. Simons,
Chew & Ryerson and Bool sold 1000 Delaware
and Lackawanna each. Lackawanna lends
at per cent? and the general short interest
in the market continues large. 1t is reported
that Keene's brokers bought 5000 of st. Paul
common this morning against his calls and
he bought 5000 yesterday. The crop reports
from the west continue to be very favorable.
1t is reported that there Is n bull pool
formed in the Wabashes. Drake Bros. have
been the largest buyers. 0sborns people are
buying heavily of st. Paul, and Osborn and
w. l.. Scott telegraph very bullish informa-
tion from Winnipeg Other purchasers Of st.
Paul have been Leavitt, Ogden, King, Groves
ton, Wharton, and Hughes, Nicholas buying
Jersey. Johnes is buying Lackawanna.
Morris is buying Reading. Sterling is dull,
but firm.
LONDON, June IA, 1920 p. m.--Govern-
mont bonds unchanged; all American
railways higher Erie higher; New York
sylvania Central, I higher; Reading,
st. Paul, 4 higher stocks buoyant.
REVIEW.
The market opened active and buoyant.
The dealings were very heavy in Louisville
and Nashville Reading, Lackawanna, West
ern Union and Erie, especially the telegraph,
which declined to 87a on free selling Erie
was at the highest figure for the past month,
and sold in first fifteen minutes of business
Nv DOB, puo OpoulhS pilSoo uOihB ub llaCtAohdl
advance of yesterday.
Stocks loaned at ., Jersey at 1-64 and in
forest, money at %. Sterling lent firm.
At noon the market was shade under the
highest prices Of the morning, but the
undertone was strong, and the feeling still
bullish The room traders were sellers
On the second call there was renewed ac-
tivity and strength, ST. Paul leading, prices
being the highest of the day.
The slight reaction in the market about g
o'clock was on report that J. j. Astor had
declined to serve in The Western Union di-
rectory.
At 2:30 the market was dull and prices de-
cined in Northern Pacific tho Vanderbilts
and ST. Paul holding out the best.
1t was reported and generally believed that
Gould had fed out great many stocks on
the present rise.
There was slight rally at tho close, but
transactions were few, and the market closed
dull but firm.
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,