National Republican., 1883-07-30

firm basis. There was fair business done
in woolens and values steadily main tanned.
Foreign goods have been in slightly improved
request by buyers for western markets. and a
somewhat better business was reported from
some of the leading jobbors.
THE STOCK MARKET.
The reaction from extreme depression in
stocks, which began with the strike on Thurs
day the nineteenth, has continued to date,
but affairs in the street" show no real re-
covery from the unsettled, declining condi-
tion which has so long prevailed. Sustaining
orders in Western Union, the Southwestorns,
and trunk line shares have somewhat inter
fered with the vigorous efforts of the bears
for lower prices, but unsupported stocks have
been successfully raided. Tho di5quicting
rumors accompanying these raids could not
be proved grOundlcss owing TO tho partial so-
lation OF the city because of the strike.
Still the daily fluctuations have been slight
as compar with last week, and the net re-
suit has been gradual gain on the acti We
stocks, ranging from ! to ? per cent; the lat
ter Chicago and Alton, Northwest preferred,
and Omaha preferred; Northern Pacific
common advanced IL and the pre-
ferred IL; st. Paul {. On the other
hand, Oregon and Transcontinental is
IL lower than Mondays closing, Denver "a
lower Wabash preferred 2a lower, Wabash
common Ii lower. Richmond and Danville
has tuctuated between 63 aud ~ closing on
Saturday Mt g. This appears to have been
caused by struggle between two parties,
one of which proposes to increase the stock
S2,O00,000, the other of which is opposed
to tho increase. The latter party is said to
have obtained control The settlement of the
trunk line difficulties very materially aided
the leaders in their efforts to sustain the
trunk line stocks. 1t is known that ma
jOrity of tho properties are in strong hands
and distributed among the public" aud this
fact prevented the bears from being more
successful in their demonstrations.
All is not exactly serene among the man
ayers of the roads embraced in the Chicago
pool, and some great Kicking is expected
when Commissioner Fink announces his de-
cision on the percentages to which each line
will be entitled under the agreements. The
business must bo divided up among nine in
stead of six, as heretofore and it is % little
difficult to see how the awards can be made
so as to suit both tho old and tho new, hence
the cloud.
The arguments for both a higher and lower
stock market in the near future would fill a
book" Tho prevailing sentiment is how
ever that any change in prices will be in the
line of Improvement.
REVIEW.
The feeling was quiet but rather more bull
ish among the conservative houses. Most
stocks advanced fractionally on the opening,
but the trading was very light, and tho bro
kers attended the room from feelings of duty
rather than hopes of doing any business.
Prince and Whitley were tho heaviest buyers
of Western Union throughout the day. The
coal trade is dull and affects trading in Read
ing, but Delaware and Lackawanna is one of
the steadiest stocks on the list to-day. In the
loan division New York Central and Jersey
Central loaned fat, and Louisville and Nash
vile and Delaware and Lackawanna at per
cent; money at 2 to % sterling dull and un-
changed
At noon stocks were stronger, but quiet.
On orders to buy 5000 shares any prominent
stock would advance the price to 2 per cent.
There was rumor that George j. Gould
would arrive tomorrow with three hun
dred female operators from England
to take the places of tho strikers,
and the rumor would not be denied nor af-
firmed by Western Union officials. On the
second call the market was very dull, but
strong, at the best prices Of the day. During
the last hours of the market, except "fancies"
like Richmond and Danville, which declined
to 6S, was dull and firm. There was no
feature to the market, and it is conceded on
all sides that to-day has been one of the dull
est, If not the dullest, on record. Delaware
and Lackawanna enjoyed fair business up
to the close, but it was only noticeable be-
cause there was nothing doing in the others.
Stocks at the close were firm at to above
the closing figures of yesterday.
LONDON, 1880 p. m.-Erie unchanged;
Reading unchanged; Wabash preferred,
higher; New York Central, / higher. Other
Americans unchanged, and business about at
o standstill
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. I'LL + street northwest: