National Republican., 1883-11-22
THE MARKETS.
The Street Inundated With Small Talk and
RumOrs.
Defiant Attitude Of tho Rock Island and
st. Paul Roads.
NREVGEW.
Special DisDulch.


New YoRK, Nov. 21.-The market was
characterized by extreme dullnoss and frac.
tional fluctuations during the forenoon.
Granger stocks were weak ON tho opening,
but the depression did not last, and they,
with the rest of the list, were dull and steady.
There was an unusual amount of manipula-
tion observable.
Gilt edge bonds and stocks wero moro
easily sold than bought, and it is felt that if
confidence could be established the business
would be heavy.
Money ii2l. Tn Stocks loaned Now York
Central IUnipp- Pacific, Jersey Central, Della
ware and Lackawanna, and Michigan Con-
tral lat.' st. Paul and Wabash preferred
were in good demand. No news Of an assur-
ing tone received to-day concerning the Iowa
pool imbroglio.
The market was featuroless between noon.
and 2 o'clock, but late on the call Boil offered
Northwest down to 1898. Tho largest sellers
of Lake Shore to-day were Vermilye & Co.
AT 2;3o stocks were very dull and dropping.
GOSSIP.
Tho Chicago Times to-day says there are no
indications that the Iowa pool will continue.
St. Paul is aggressive, and will fight before
going back into the pool. 1t will be war of
giants.
At the opening st. Paul was sold by Dillon,
Bell, $. V. White, l.. l.. White, and Willard
In Western Union Brayton and Ives bought.
Union Pacific was bought by s. V. White.
Northwestern was sold by Kepplor & Sane
ton Monte Isaacs, and Williams. In Lake
Shore the sellers were Kirkner, Van Hoffman,
Herrick, and Haight. In New York Central
the main seller was L. A. Haight.
private Chicago telegram just received
says the Southwestern pool is fixed again to
last another year, and includes the Burling-
ton, Quincy, Alton, and Illinois Central. This
pool is not troubled by the Iowa pool dissen-
Bions.
Judge Wallace, in Syracuse, N. Y, dis
solved North Pacific injunction and bonds
will now be issued.
Government bonds strong Buyers wait
ing for declines. Cotton fractionally lower,
but tho largest traders arc bulls on the
market. 1t is storming throughout the west.
A dispatch from st. Paul saws President
Potter, Of the Chicago Burlington, and
Quincy, and Cable, of the Rock Island, have no
titled the ST. Paul managers that if "you break
rates in new business, or break up the Iowa
pool, We will fight you until the grass grows
over your shops"
On the second call, Bell offered North
Western down, and Hendrickson sold stock
Mt S1.235.
There was largo number of operators and
brokers at Windsor hotel last evening and it
was generally expected the market would be
lower this morning.
Cammack, Woerishoeffer, and Hutchings
were very bearish, and said yesterdays de-
cline should have come on Monday owing TO
the announced railway troubles west of
Chicago. The Vanderbilt brokers are not talk
ing quite so bullish and Sam Barton thinks
the contraction of the currency little later
ON may prove disturbing element.
Many brokers say speculation is tired, the
bulls lack heart and the professional bears
are steadily growing confident.
Mr.. Morgan thoughtlast evening that there
was not much money in the market in either
direction, and if prices were lower this morn
ing they would be up in the afteFnoep, n 4, ,
Mr.. Bloodgood believed there was going "a
be'a great railway war, and before long val
ues would be 10 per cent lower. Flower had
received no advices from Mr.. Cable of re-
duction in tickets, and therefore dsbelieved
reports of acut by the st. Paul roads A
friend of Alex. Mitchell received telegram
from Mr.. Mitchell, stating that the st. Paul
road was not for war, and that he was seeking
Tor settlement of traffic and percentages upon
q fair basis.
The renewed attack upon the Willard stocks
just at closing yesterday was attributed
partly to discounting of the effect of the bond
issue, and partly to fears that Judge Wallace's
decision in the suit now pending may upset
tue enuire scneme ana WOrk now done. 1t is
admitted new bonds cannot be issued until
existing suits are concluded.
There was Central Iowa railway meeting
at the Windsor hotel last evening, but moth
ing important was done. Sage was present,
and said it was evident that the market was
going lower, and said in reply to question,
81 suppose it will decline to per cent"
Parties identified with Hart bought 1 900
Pacific Mail yesterday, and are buying on a
scale. The Western Union Telegraph COM
pany are preparing a circular of earnings and
percentages of guarantee upon American
cable stock, and the statement will show that
more than full dividends are earned.
A broker who bought 5000 shares of North
western common yesterday for an outside in
vestor said last night how easily he got the
stock all of which was bought within half
per cent showing that stock was being sup
piled by insiders.
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. l411 L street northwest: