National Republican., 1883-11-28
THE MARKETS.
Operators Taken Up With Railway Reports
and Track Talk.
A strong Bear Party Developing Again
A Day Fruitful In Gossip.
GOSSIP.
SDecidl Dispatch.

NEW YoRK, Nov. 27.-The speculative
feeling over the holiday continued bearish,
and current of gossip rather against any i'm
mediate Improvement The main arguments
against an advance were the increasing COM
mercial disturbances and the labor troubles
which together kept outsiders from buying.
The Twenty-third street traders, tho Windsor
bears and the Osborne.Scott party all talk Of
lower prices.
Koene tells his friends that with $50O,0O0
he could put this stock to 80 in three days,
because il is immensely oversold on exagger-
ated reports Of decreased earnings. Three
bear operators he (Keeno) knows Of who are
short together 100000 shares of Union Pacific.
Mr.. Keeno also remains q great bull on
Northwest, and declares that but for Iowa
pool troubles an extra dividend would have
been declared last week. Rockfellow talks
very sweet on st. Paul, and says his informa-
tion is that the Rock Island quarrel will be
settled this week.
Mr.. Fink said yesterday that he believed
nfter one or two consultations matters would
be harmouized. Gould said he still adhered to
tho opinion there would be no war in the Iowa
pool, and ho had q long interview with Albert
Keep before he left for the west, and made
some suggestions regarding to-morrows
meeting in Chicago. The Northwestern rail
way people say the prospects of harmony are
u.
embarrassing all negotiations. The trunk
line people point with great satisfaction to
the increase of 1900 tons in east bound traffic
last week. but it was mainly owing to in
creased rates taking effect yesterday, and
west bound freights are very light
Huntington returned from the southwest
yesterday.
A private telegram from Chicago says the
the passenger rate from Des Moines to Chi
cago is openly made at So, and now privately
cut under that price. Scalpers are selling
Omaha tickets from Chicago below regular
rate also.
Philadelphia telegram says the coal trade
there is preparing for the close of the year.
Domestic sizes in good domand; manufactur-
ing sizes dull.
Sterling is slow and steady. Governments
dull but strong.
The room scalpers are running the market,
and it is only lively wake. James Wilson,
BELL, and Slayback have been selling, and
Johnes bidding up.
Chaplin sold most of the st. Paul Williams,
Landon, and Bell sold Northwestern.
The range of crop estimates in Mobile from
5,600,0 900 to 6,000000 bales.
At the Erie meeting to-day Jewetts vote
was challenged, and he was required to swear
that the stock and bonds voted by him were
in the name of the rightful owner, and that
'he had used no means to influence the vote.
The Eric railway statement for 1883 is as
follows: Gross earnings, including SO per
cent. Of New York, Pennsylvania, and Ohio
Isince May 1 Of the present year. so, ,444, ,OO0
increase over last year, s., ,626, ,000; operating
expenses, including above divisions, since
since May j, $l5, ,440, ,000 increase So, $50, ,OO0
net earnings, $685., 900; increase 100000;
earnings from all sources, $23, %, ,900 in
crease, 81, ,922, 900; interest, rentals, &c., &c.
96s,OO0; increase, S467000; surplus for the
year, S1,265,O00; increase, $0S,000; coal ton
mage $6.925000; increase. $S20000; other
freight tonnage, $6,6S3, 900; increase, 1896 700.
! REVIEW.
Stocks were inclined to heaviness during
the forenoon but the trading was insinigfcant,
the most business being in Union Pacific, ST.
Paul, and Denver. Denver was pressed down
to 224. Erie was strong feature. On a
rumor of prospective dividend son the pre-
Iferred stock, it sold up to POI, but soon fell
sback to 4, and at noon was 29f upon, limited
Idealings a#
The result of the forenoons transactions
Hid not materially change Saturdays closing G
figures. The western news was disquieting
BIT. Paul was cutting rates to Omaha, and
Des Moipes to Chicago, was openly made at
half rates, and even this cut by scalpers
Lake Shore was offered down mainly by
The room traders Sterling steady. Govern
ments were dull and strong. Money to "a.
Loans on stocks unchanged. Stocks were
dull and heavy between noon and. 2 o'clock.
Manitoba sold down to 9sl, and tho general
list was n shade Off
At 2:15 the market was heavy and almost
lifeless. There were no buyers for miscella-
neous stocks.
West Shore bonds were sold down to "a by
Wheeler, and others. There were apparently
more interest taken in the Washington statue
than in the markets, as yesterdays storm
prevented the crowd of brokers from airing
themselves.
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 s. Co.. bankers,
NO 1411 L street northwest: