National Republican., 1883-02-21
THE MARKETS.
Little Prospect Of Improvement in the COndi-
ton Of Things in Wall Street
A Report that Vanderbilt is Sick Again
jf. Circulated by the Bears.
THE DAY IN WALL STREET.
as.-.s.I Tnf..,sl.I

Ills OTOktTb DOubnb A4uht phtlt anu nAlthl-
gan Central, also New York Central freely.
There was quite an absence of stocks, the
the brokers said, and the raids brought out
but few. Trading in Jersey Central and
ST. Paul was without especial feature worthy
of notice. The trading up to 1 p. m. was
mainly confined TO the room traders, but tho
general list was at about the best figures, ex-
ceptiug Oregon Transcontinental, Rock Island,
and North Pacific were each point below tho
opening. Conservative commission houses
think about the lowest prices have been seen
for the rest of the week, unless some unex-
pected bad news is received. On the second
call the market was dull, but stiiening and
high. Government bonds were dull and firm.
Sterling was steadier aud not much doing.
Western Union was stronger, on report of
cash balance on hand of 81 ,i16,000. At 2I5
p. m. the market was strong and to II per
cent. advance, but at $3.50 trading had become
dull again and reacted fractionally from the
top figures.
II is reported that Albert Fink is confined
to his house by illness, and the trunk, line
managers meeting is postponed.
The market closed dull and / to per cent.
b Glow the highest figures of the day.
Mccormick & Adams telegraph from Chi
cago awe look for increased receipts of
grain and hogs. The bulk of the general
dealing is on the bull side, and this sustains
prices
Private Washington advices say govern
ment report on the Union Pacific road will
not reach there until tonight. Boston adj
vices say there will be no contest for control
ut the annual election.
r. II. Parks telegraphs from Chicago:
Prime is here and says he has just received
244 winter wheat reports, and 1876 show no
damage from ice to the crop up to Saturday.
The general situation is not as discouraging
as reported"
II isreported that two and one-half millions
of securities will go TO Europe this week.
Wabash Pacific officials say that tracks at
Toledo will be cleared of ice to-day. The
greatest damage results from loss of two spans
Of the Union bridge aud high flood at Cairo,
where the water is still rising. Trains are
not yet running OH Cairo and Peoria division.
Exchange steadier The defeat of the revc
nue. bill has strengthened government bonds
but business is light.
Money 3 to per cent. 1t is reported from
the board that d. A. Ball and Harry Leavitt
are hammering Jersey Central. S. V. White
bought most of the st. Paul this morning.
The Vanderbilt people bought about 5000
shares of Lake Shore this morning of Kirk
ner's offers at 107, seller Is, and Burras bought
1000 regular. Savin bought 1900 of Delaware
and Lackawanna.
Scranton g. Willard, Lapsley & Brayton-
Ivessold Delaware and Lackawanna George
+. Dickinson has been buying the general
market Ready was raided by Bloodgood &
Co., Goodley and Dillon.
Van Schaick and the room traders bought
Reading.
A Paris dispatch reports that the bourso
showed marked improvement, and rentes
rose 20 centimes.
The market opened steadily, with an alb
sence of stock fer sale. Hollin's bought 1000
of Lake Shore.
Mr.. Barton says the report that Vanderbilt
is i'll is entirely unfounded. He was with
him Mt $50 this morning, and he was trans
acting business as usual.
Kecne is selling sparingly.
A gentleman who has facilities for bed rock
information regarding the Western trunk
line disturbance says the differences are al
ready practically settled in advance of tho
meeting of managers.
Mr.. WoerishoHer is reported as a large
borrower of money yesterday, but the foreign
bankers say there can. be no successful lock up
Of funds here as long as money is so easy
abroad, and G per cent. rate would bring
funds from London Immediately.
MORNING GOSSIP.
Brokers report the general market down at
close; was in about same relative shape as
Saturday, only that quotations were some.
what lower, and there was rather more of a
disposition to press Chicago, Burlington and
Quincy for sale by the room traders.
There was little increase in the short in
terest some covering up, and moderate
amount Of further liquidation was noticeable
for both large and small traders.
Further selling of st. Paul common was
the fag end Of Osborn's holdings but it was
safe about 10000 shares of this stock was
bought by the Rockafeller party ON o sliding
scale.
Foreign bankers reported that Europe pur-
chased about 10000 shares of various stocks
Monday. If this purchasing continues lit.
tie longer II is believed IL will tend TO stop
further liquidation and steady tho market.
Tho bulls maintain that the largest nc
counts are in very strong hands, and the Van
derbilt people purchased about 1900 shares
of Lake Shore yesterday, besides considerable
Canada Southern.
Bond dealers report some classes Of mort
gage bonds as very cheap, aud ought to be q
great buy for investment. The Chicago, Bur-
hngton and Quincy as, which were sold origi-
nally at 105, are now 81, and Texas Pacific
firsts, only issued at the rate of 25,OOO per
mile are 76l.
The leading western railway managers at
present in New York say, according to private
kilograms from home, that the general situa.
tion is Frightening. Keene predicts the coal
shares will drop 10 aud ~ points, and is gon.
orally bearish.
Room traders and the street, as well rs up,
town traders, are bearish and sold heavily on
Monday.
From 5000 to 10000 Wabash preferred was
sold in London in the fororoon and bought
here by one house.
Cammack sold about 5000 shares of Wabash
preferred.
Wocrishoffer continues bearish on Wabash
mainly on the equipment bond decision.
Cablegrams from London say IL is reported
there that Wabash was going into a receivers
hands The dispatch was shown TO Gould
and Sage who denied the 6liphtest truth for