National Republican., 1883-11-13
THE MARKETS.
The Big Guns Of the Street Are Decidedly
Bullish.
A General Belief That Prices Arc on the
Up Grade-smnll Talk.
GOSSIP.
SDecidl DiSpntcA.

Special Dtsp1tcn.
New York, Nov. 12.-The brokers who
remain in the board say that Vanderbilt
Mills Gould, and Koene brokers wero the
largest buyers Saturday, and there were
good many purchasing orders from the out
side Such old houses as Blake Bros, Gal
laudet Kountz, and Vormilye & Co. report
decided increase in public buying, and say
there were more purchasing orders Friday
and Saturday than before this fall, and those
concerns are bullish. 1t is, however, ad-
mitted that an enormous covering of shorts
has been made, and much manipulation is still
going on, but the conservatives say
it is not woll to sell short, because
the big guns and power of the streets, assisted
by the outside oloment, is decidedly bullish.
Morgan thinks If Mr. Vanderbilt is really in
earest and is buying prices will boom, but
he is not sure of his intentions. Cammack
declares that Vanderbilt has not bought
share Of the stock, and the enormous short
covering Is tho reason for the rise 1t is un-
derstood that CammaclS covered up on Fri
day, but Woerishoeffer still has % linel out
showing big loss, but is not truo that ho
has turned bull. Keene continues to talk
quito bullsh on the great supply
of money, large railway earnings
and probable imports of gold. He
believes Northwestern will go to 1iO on
this hitch, and there are also intimations from
Vanderbilt sources that something may hap
pen very gratifying to the stockholders to be
announced at the meeting on the twentieth
instant. Strong points to buy Canada South
ern for 20 arc given from Vanderbilt houses
There is strong party who say Pacific Mail
is going above As this week. Brokers are dis
inclined TO deal in Canada Pacific, except Mt
heavy margin, and say plenty of American
securities are cheaper and more desirable.
Strong points to buy Lake Shore for
five points further advance, and the increase
of 5000 tons in east bound tonnage of the
trunk lines makes much more confidence in
all trunk line stocks. The fact that
Michigan Central carried tho largest percent
age of traffic last week Is significant, but Mr..
Ledyard says there is no foundation for the
rumors of cut rates to secure this traffic by
the Michigan Central company. The feeling
in Chicago is that the Chicago, Burlington
and Quincy and Rock Island will continue
tho battle, and the stocks of these companies
are good short salo and were so sold hero
on this confirmation on Saturday. director
of the Western Union company, who is very
prominent official, said Sunday that this
companys earnings were increasing enor
mously and he believed that the
stock was intrinsically worth 100.
Tho reaction in LaCkawanna is partly on
the denial of rumOrs that they go into the
trunk line pool. 1t is reported there is
Vanderbilt order to buy block Of Canada
Southern at S. Kirlcner has turned bear
and beon Offering New York Central in 1000
and 1000 lots. Bell is buying Lake Shore
steadily. Michigan Central is loaning at 1-32.
heavy snow storm is raging west of Buff
falo, and the telegraph lines are badly broken
by sleet.
A Washington dispatbh says the Southern
Pacific land grant case will be referred to
the attorney general and finally to congress
for decision.
The Tribune this morning publishes increase
nf ptn
net. In Canada Pacific the buyers were Davis
q Minis, Marx & Wormser. Walsh was q
large seller. The Canadian Pacific company
declare the government guarantee of 3 per
cent. has been signed.
Sterling is fairly steady, and holders are
indifferent about selling, believing the con-
tinued advance in stocks will strengthen bills.
Government bonds hold very firm.
Chicago adviccs say there is u great demand
on all roads for cars for east-bound traffic
this week, and sales of grain and provisions
for immediate shipments are heavy in antici-
patton of freight TO be advanced ON the
twenty-siXth.
Tho Arizona arrived this morning with
100000 in gold for ]. w. Seligmau. About
10000 sterling in gold bars were received by
the steamers arrived last night. Government
bonds are firm and scarce for old issues. Tho
largest buyers of Eric to-day were Rutter &
Gross, Lennon, Tunis & Niles Tho sellers
were Harmed, Hcrts, and ID. @. Williams.
Chicago dispatches say there is nothing now
in railway matters, but officials believed that
southwestern passenger rates will be pulver-
lied this week.
In Lake Shore Sternbeger and Powers &
Stephens sold and Bird bought. In Oregon
and Transcontinental the large sales by Davis
& Minis, Elliott d Hamilton, and Conner
were noticeable, In New York Central Lon
don bankers sold and Leavitt & Probst sold;
Menzenheimer bought, In st. Paul Landon
and j. H. Wilson sold, and in Lackawanna
Landon and Leverich sold.
Money "a. Loaniug rates for stocks un-
changed
REVIEW.
At the opening stocks were hardly up to
the full prices of Saturday. but on the whole
were steady and strong throughout tho fore
noon, realizations being readily absorbed.
0bSerYant brokers pronounced tho buying A
No. l, and of u better order than on Saturday.
The trading up TO noon showed general adj
vance of | TO ; the latter on Wabash. Tho
declines wore: Oregon TransGontincntal, /
Canada Pacific, 4; Missouri Pacific, IL and
Northwestern, Northern Pacific, and Jersey
to oil from Saturdays closing. Tho pub
lished bear onslaught against Oregon Railway
and Navigation did not affect the stock.
Money lent at 81. Stocks loaned-New
York Central, Lackawannn, Jersey, flat to | !;
Northern Pacific preferred, fiat Lake Shore,
st. Paul, Northwestern, Union Pacific, North
@ ern Pacific, Oregon Transcontincntal, Read
ing, and Louisville and Nashville, to per
cent. Sterling fairly steady.
Government bonds strong. The market
was dull between II and 9 o'clock and oil
from best prices to Z. Lackawanna being
soft on denial of the report Of tho company
entering the trunk line pool
Judge Donohue's injunction against the
proposed issue of Northern Pacific second
mortgage bonds had but little effect upon the
stock Canada Southern was one of the
strong features at an advance of II.
The market was strong and improving in
the last half OF the closing hour
STOCKS.
The following are the opening, highest.
lowest, and closing prices of the principal
stocks for the day US corrected by special wire
reports received by Bateman & Co., bankers,
No. lIl1 street northwest: