National Republican., 1883-07-25
THE MARKETS.
Dullness is the Principal Feature in the Stock
Exchange These Days.
Tho Brokers VainIy Trying to Guess How
the Strike VIII End-Tho Quotations.
GOSSIP OF THE STREET.
iSpecidl Digpdfch.

Special Dispatch.
NEW YORK, July 2i.-The bulls profess
that tho weakness of yesterday was due to
the unsettled and ragged condition of tele-
graph matters which depressed everything.
There is a strong outside feeling in favor of a
compromise now between tho companies and
the operators, and tho various boards of
trades and New York chamber of commerce
are likly to urge this. President Garrett was
telegraphed yesterday by prominent New
York parties urging him to endeavor to fix
differences before they widened on a common
sense basis. Cyrus w. Fiold believes the
Western Union company will never make
concessions to the brotherhood, but he has
nothing to do with it; it is left to Mr.. Eckert.
The bulls stick to it that, notwithstanding
stocks declined yesterday, the buying was
greater than the selling and the lower quota
tions were the result of scalping.
The Vanderbilt following at Saratoga think
the general feeling there is bullish, but there
is not much disposition to trade. Cornelius
Vanderbilt is buying Lake Shore. II. N.
Smith urges his belief that there is no money
in selling short now. He believes telegraph
matters will be amicably adjusted, and the
favorable crops will put prices up. Woeris-
traffic enough to make money, and he thinks
the whole market except Lackawanna and
st. Paul is too high
Van Emburgh & Atterbury sold New York
Central, Lake Shore, and other leading stocks
very largely yesterday They sold 1000
shares of New York Central, go days option,
to Kuhn & Loeb. Sternberger & Field sold
5000 of Erie for London account.
Bissell broke Denver down over two per
cent. on the opening. L. W. Lockwood & Co.
were the largest sellers of New York Central,
mainly ON sellers 3. Benson had orders TO
sell New York Central at 115 Enos & Co.
bought New York Central. Kirkner offered
Lake Shore. Greene bought Lake Shore.
No feature in telegraph except Nicholas try
ing to put out seller COS. r. p. Flower
bought St. Paul. Jersey lends fiat. New
York lends fiat to 1-6l; others ut 9. Money
at 2 to %. Sterling unchanged. Scranton e.
Willard bought New York Central up to 1l5t
Enos and Sternberger bought and Drum.
mond bid for the stock. Bissels sales OF
Denver were 5000 shares and burst the
price. Fl. S. Wilson put out the seller GO in
Western Union. Government bonds, except
As are weak. Some ll's from Europe are here
for sale.
The Baltimore and Ohio telegraph COM
pany are trying to effect a compromise out
side the executive committee of strikers.
Washington operators are confident and q
manning operators will strike unless the
company endeavors to meet the demands of
the strikers, or make concessions in spirit
of Justice. The report that Vanderbilt was
aiding Gould to keep up his specialties is
generally discredited, and it is positively as
serted that Vanderbilt is not in the market.
The market after 1:30 p. m. was very dull and
weaker, the Wabashes leading in the down.
ward tendency.
Reports from St. Pauls general manager
says that road will not be built to Kansas
City, as was reported. Lack of funds is
limited as the reason.
The new east bound trunk line pool is to
last for five years.
Dispatches from Chicago state that the Illi-
nois agricultural report to be issued soon
will say that the prospects for tho corn crop
have improved in all portions OF the state
during the last month. But little improve
ment is shown in winter wheat. Harvest
ing is over in about half the counties in the
state. Spring wheat is about the average.
The report of great storm in the Missis-
sippi valley was unconfirmed, and it was
limited as a ruse of the telegraph company to
avoid taking business which they could not
handle because of the strike.
REVIEW.
The market was hammered in the first fif-
teen minutes by the room traders for to
decline. Some better buying followed, but
another slump set in and by noon the market
was quite dull. Stocks lent at q; Jersey fiat,
and New York Central flat to 1-64. Exchange
unchanged. The general improvement in Pa
cifc Mail was attributed to a belief in an
carly settlement of the telegraph troubles.
On the second call the market was again
dull, but prices wero firm with no pres
sure to sell. Early in the last hour the
market was very dull. Oregon and
Transcontinental yielded per cent.
The Wabashes were also weak, the pre-
ferred selling to 3S!, Missouri Pacific
to 99!, and other Gould stocks very ragged,
except telegraph, which was we'll sustained
At 2:45 there was fractional recovery, but
the trading was about at standstill. Tho
closing was dull, but slightly irmer on report
of an early settlement of tho telegraph
troubles.
LONDON, 1230.-United States SIS lower,
Erie lower N. Y. Central 5-16 lower, Hi
nois Central lower, Reading lower st. Paul
/ lower.
STOCKS.
The following are tho opening highest,
lowest, and closing prices of the principal
stocks for the day, as corrected by special wire
rannrts recpiyel nv pntemou a IN bonGara