National Republican., 1883-10-08

Total sales spot cotton 1000 bales, OF which
1000 wore for homo use.
There was only n moderate movement in
dry goods caused partly by unfavorable
weather and tho recurrence of Hebrew holi-
days, and partly because retailers from remote
sections of tho country have completed their
purchases and gone homo to attend TO their
distribution. A very fair business was done
with local and near by retailers, who seem TO
havo taken hold with confidence in tho
future The event Of the sole of 5000 pack
ages of horse blankets and kindred articles
at n fair average price.
THE STOCK MARKET.
Tho stock market was variable and lower,
with sudden changes each day from strength
to weakness, and at times wide fluctuations
oven In those properties which have hereto
fore exhibited tho greatest stability. This
fact is one of the phases of the SLOW panic"
alluded to above. Even in cases whero tho
actual decline in prices has not boon marked,
and it is known that the securities are sus-
tanned by tho promoters of the enterprises
| they represent, it does not follow that tho
stocks arc "too high; !" on the contrary, it is
pretty generally acknowledged that many
good dividend payers are to-day selling below
thoir real value.
| On Monday tho bruin element attacked New
York Central on tho fact that tho We torn
Shore had opened for business to Syracuse,
| but tho balance of tho list was fairly steady,
| and little manipulation caused q firm closing
There was to DO an old-fashioned boom on
Tuesday in which Western Union was to lead
the market to top prices, but the announce.
ment of the settlement of tho Hatch-Williams
suits fell like a wet blanket and tho boom
failed to connect. Tho Wizards afforded
amusement to the spoculators for decline on
Wednesday and Thursday reaching the lowest
figure yot recorded on the latter day. Tho
fall in these properties continued to affect the
| whole list.
There was also savage raid on Northwest,
based on tho reported sale Of treasury stock.
On Thursday afternoon and during Friday
the Willard properties advanced on the report
that Gould and Sage were TO enter the direc-
tory, and the Northern Pacific was to be fur
nished funds with which to complete the
road and retire the floating debt; but while
these particular properties were comparatively
firm on Friday the general market was weak
under fierce raid ON Lackawanna and other
coal shares and on Union Pacific. The fol.
lowing is
SATURDAYS REVIEW.
The market opened irregular, but generally
a fraction under last evening, and with fur
thor free selling OF Union Pacific and Della
ware and Lackawanna, the insiders supply
ing tho stock. The Wizards improved pc
cent. in early dealings and tho general lis
sympathized ! to 4, the latter Lackawanna
but by 11:30 the advance in the Northern Pa
cities and kindred stocks was lost and price
fell back to starting point. Jersey was veal
feature and was offered by Osborn per cent
below the market ON Seller go. Tho bank state
ment was only fair. Stocks wore weak at noon
and declines of to in North Pacific, Lacka
wanna, North Pacific preferred, and Oregon
Transcontinental. Jersey sold at 20. Th
Vanderbilts and the Gould stocks were dull
neglected, and lower. On the second call tn
North Pacific stocks were sold largely by
Woerishoetfer, and Keene's brokers sold the
general list. Northwest was sold by Forest 1
Gormond. l.. l.. White and Peter Kissan
(the latter sold 2,000) Willard and Stephen
large transactions in Delaware and Lacka
wanna at III. Early in the last hour ther,
was fresh weakness in st. Paul and Lacka
wanna. The market was heavy, and stocks
which were only moderately dealt in Shove,
declines of per cent. for the day, including
Gould's fancies and Vanderbilts dividen,
payers After 2:15 o'clock p. m. stocks rallied
to on buying to cover shorts, but the clos
was weak and featureless.
Closing prices, as compared with those O
Friday, show the following changes:
Declined-Chicago, Burlington and Quincy
II; Western Union, Z; Central Pacific, I; New
York Central, t j. Erie, I; Michigan Central
IL; Lake Shore, &; Louisville and Nashville
d d Chicago and Northwestern, AZ; Hnion Pa
y cifc, IL; Jersey Central, s;siiSt. Paul, Id; Wa
4 bash common, !; Wabash preferred d; Mis-
souri, Pacific, l. Denver. }; Laekawanna, L
Oregon and Transcontnental, Z; Northern
Pacific common, IL; Northern Pacific pre-
ferred, IL; Canada Southern, IL; Missouri
Kansas and Texas, Z; Canada Pacific,
Texas, 1; Reading, &; Pacific Mail, 4.
LONDON, 12:30.-Lake Shore, higher; Ne,
York Central, lower; st. Paul. lower
Erie. higher; Erie preferred unchanged
} Reading, unchanged.
STOCKS.
J Tho following are the opening, highest
lowest, and closing prices of the principa
stocks for the day, as corrected by special wir
reports received by Bateman s. Co., bankers
No. 1411 + street northwest: