National Republican., 1883-01-17
THE MARKETS.
The Day Of Better Things Has Apparently
Dawned in Wall Street
A General Improvement in the whole
list.
BUSINESS IN WALL STREET TODAY.
c..,f,J pgrpagcb

Special Dispatch.
NEW YoRK, Jan. 16.-The opening was
firm, and the bears vainly cndeavored to
check the advance in Delaware and Lacka-
wanna and Jersey Central. Woerishoher was
prominent buyer of Delaware and LaclSa-
wanna, which rose IL before noon. Keene's
brokc.s woro leading buyers of Jersey Cen
trail which rose %.
Numerous stories were current explaining
the jump in Jersey Central, but it is believed
Keene'sbuying was the main cause of the re-
ports in circulation and that the Jersey Central
was making very favorable negotiations with
the Lehigh road also had something to do
with It.
There was no trading Of consequence in
vandorbilts, which were dull and quiet, but
a shade higher than yesterday.
Texas Pacific was strong, rising g. and Dem
yer improved up to the second call.
Louisville and Nashville rose per cent at
Memphis, and Charleston sold at 40 against 45
yesterday. At . o'clock the market was still
frmer at top prices of the day.
A sale of st. 10 common was made at 45, the
first sale for a long time.
Money opened at . then went down to dl.
Stocks lent ut 3 to 4.
Sterling exchange was firm.
United States bonds were weak.
Early in the last hour stocks we're very
firm. There was moro general business trans
acted to-day than before this year III the
stock exchange, and trading appears to be
increasing.
The continued strength of Western Union
would seem to justify the feeling of conf
dence expressed by President Green, of that
company, to REPUBLICAN reporter yester-
day.
The largo general business transacted in the
stock exchange to-day apparently indicates
that tho outside public have commenced en-
tering the market.
The day closed with market strong and
firm, and evidencing tho pressure Of staying
power.
The talk on the market up town last night
continued bullish, and the operators who make
the market were generally all one way Of
thinking.
CammaclS, for the first time in twelve years,
is bull. lie says he is in for q long pull,
and he is believer in Wabash common.
Western Union, ho believes, is surely going
higher and although he hasn't got n share of
it, he believes it will lead the whole list He
knows what the earnings of lines amount TO-,
and he also knows that the opposition is COM
paratively nothing. The story in circulation
that Henry n. Smith and Osborn had been
selling Delaware and Lackawanna was un-
founded, and Keene was again the seller.
Brokers report the market gaining in
strength, and they look for 5 to 10 points ad-
vance before Feb. 1.
g.; ,Jg &c iI,n ea,,fi ic
bull market they never saw one.
Louisville and Nashville is believed to be
one of the strongest stocks in tho room, and
solid men are behind it,
Traders say that somo little Denver, Texas
and St. Paul were marketed yesterday, and a
considerable short interest has been eXtin-
guished Stocks may do to sell on sharp rail-
lies for turns, but they are disinclined to sell
many short.
Followers of the bull leaders say it is the
programme to advmce to stocks at u time
until u higher basis is reached all around.
The room traders declare themselves "miXed,'
and say the manipulation yesterday was very
bewildering and beyond their comPe-
honsion. Chicago advices represent the
clique in corn Liable to carry up January
to 40 or 100 per buShel; the corner rules nave
been abolished in Chicago, and the manipula-
tors are powerful.
Out of 40 ear loads from st. Louis yesterday
only two were inspected. Sage, Smith, Os-
born, Wocrishoncr, Connor, and CammaclS
were in active session last night at the Wind
sor. Osborn said that, barring possible re-
action of / to II per cent, stocks were now as
cheap as they would probably be again this
year.
LONDON 1890 p. m.-Eric roseI New
York Central / Lake Shore, Z Illinois, /;
Ontario and Western, l. and St. Paul /.
STOCKS.
The following are tho opening, highest
lowest, and closing prices of tho principal
stocks for the day, as corrected by special wire
reports received by Batcman & Co.. bankers
No. CorcOran building: