National Republican., 1883-09-08
THE MARKETS.
A Feverish and Excited Day in Stocks
Wall Street
A General Advance, Followed by anal
most Equally General Decline.
GOSSIP OF THE STREET.
Special DtDdich.


NEW YORK, Sept 1.-THE feeling con-
tinued very favorable toward higher market
and a stiff opening, as predicted this morning.
Buying orders from country and Outsiders
had increased considerably yesterday, and the
tone was certainly better than before since
spring 1t was admitted that good many
long stocks were sold on the afternoons adj
vance, also an immense number Of shorts COW
cred. There is every ovidencS that Gould,
Sage, Keene, Osborne, and the Mills party are
bullingthe general market, tnd the foreign
houses are free buyers of'tho Vanderbilt
stocks. Tho Osborne people are understood
to be boosting Lackaw anna and are great
bulls on st. Paul.
Robert Waller, of Kendall, Waller & Co.,
one of the Oldest members of the stock ex-
change, has sold his seat TO A. L. Bateman of
Washington. The price paid was $4,000.
The Woerishoeffer bear crowd declare the
rise is mostly artificial and for purposes of
Roating stock. They say tho result has been
tremendous covering of shorts, but there is
no outside support. There is u rumor that
tho LackawRnna will join the trunk line
pool, but not to participate in tho through
business, which is to be given to Erie.
The Brazil bank of Indiana suspended yes
terday.
In New York Central Frank Savin was tho
largest seller; Il. NJ. Cox was the buyer. In
Lake Shore A. j. Nicholas sold; Wormsor
bought. In Reading Wormser bought for
London account. In Lackawanua Fansh6we
y Dickinson were sellers, and Sheldon & Ell
lison bought. In Erie Berdan bought 2,500
and Josephson bought 1000. Slayback sold
LOO Other prominent sellers were Gutman,
Harding, and Oppenheim.
At IL o'clock brokers reported increased
Geographic orders to buy stocks. In Lake
Shore, Coombs bought considerable; Thorne
also bought In Louisville, Davis & Tileston
bought. In Kansas and Texas Davis &
Tileston bought the most s. V. White
bought 5000 Delaware aud LacSawanna, Bis
sell sold 5000, and Kirkner sold 5000. In
Oregon Transcontinental, Walter Bound sold
5000, and is still selling (supposed to be for
Osborne's account) Sternberger & Fuld sold
the general market. In Western Union,
Amory bought 5000. The sellers were Boyd,
James, and Foster. In New York Central
Van Emburgh, Prentice and Cox bought.
A Philadelphia dispatch says the retail coal
trade has greatly improved the western de-
mand being large. Strong parties in the
philadelphia stock exchange were buying
jersey and Reading to-day.
VIM. l.. Scott, Osborne and Lovejoy have
been in consultation to-day on Denver mat
ters, and the advance in stock is supposed to
be due to the competition of Scotts pro-
gramme for new board and new presi-
dent.
A call has been issued for a special meeting
VI Uub DcnNeTTOAu hU IOlOfAuO
Springs Oct. to vote upon q new financial
plan to be submitted by the board of direct
ors.
1t is stated that negotiations are being
resumed to place block of Western Union
in London.
REVIEW.
Stocks opened feverishly active, good deal
OF realizing going. on, strong, and higher.
During the carly forenoon the market was
nuCtuatinp aNpita1 and irraufilur thnuub
In the main tending toward higher figures,
with Denver leading in the advance Den
yer rose %, Louisville IL, New York Central
/, and Northwestern 1. At noon these gains,
except on Denver, were about lost The coal
shares did not share in the advance. Jersey
: and heading, being weak spots in the trac-
tional gains during the morning, were noted
In the general list.
Money 2s@3. General loaning rate for
stocks unchanged
The weather in the west was warmer to-day,
but there is a cold wave approaching Mime
sofa and frost is expected to morrow morning.
Pricesswere easier on the second call
The TWenty-third street bears have been
selling the market to-day, and there have
been no marked indications of outside buy
ing Bell sold Reading this afternoon and
hammered Lake Shore. Johnes sold Northern
Pacific preferred down. Cox sold Louisville
and Nashville. j. NJ. George sold st. Paul.
Oregon Transcontnental was sold by Vyse,
Dominick, Decker, and Howell. Vyse bought
Denver. Early in the last hour the general
tone was firm, but Denver was the leading
feature, selling as high as 300.
From $50 to the close the market reacted,
Denver leading in tho decline, selling to 29B.
The closing bids were not so strong, and
prices ranged to below the opening.
LONDON Sept z, 12:30.-United States
bonds steady and unchanged Erie, Il higher
New York Central, IL higher; Illinois Gem
tral, J higher Reading, l higher; Ontario
and Western, higher; St. Paul, II higher.
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. 1411 + street northwest:
4