National Republican., 1883-10-09
THE MARKETS.
All Active Stocks Said TO Be- Immensely
0versOld.
Yesterdays Record OF Sales and Purchases
OF the Leading Securities.
Special Dispatch.
REVIEW

REVIEW.
NEW YORK, Oct s.-Stocks opened irregu-
Iarly; steady except Oregon Navigation,
which fell 12, and Northwest, which had
beon arranged for raid, selling at 110
against 1901 on Saturday. Tho Northern
Paciics are steady to firm, aud Oregon Trans
continental was strong, advancing H. but
closing the advance later Lackawanna,
Reading and Telegraph were pretty we'll
upheld. st. Paul aud Michigan Central
were the weak features, and declined each
in the forenoon. At II o'clock Michigan,
Northwest, and st. Paul were to 1 below
Saturdays closing, and the majority of the
nctive stocks showed small declines,
while Northern Pacific preferred
advanced Z, Reading 2, Lackawanna
and Oregon Transcontinental l per cont.
Money % to 3. General loaning rates to 2.
Jersey, Now York Central, and Union Pacific
lent for 1-64. The talk of the CammaclS and
Osborn bear party was mainly directed against
the granger stocks and they predict war of
rates like last year with the Chicago aud
Omaha. However, the officials Of the roads
declare there is no likelihood of serious
trouble. There was generally better feeling
between ~ and 2 and the strong feature was
Northern Pacific preferred. Northwestern
was also for brief time strong rallying Z,
but subsequently fell of 4. The coalers
generally were strong and most of the
list ut 2:30 was above the opening.
The market OH the whole was less active
than during the same hours Saturday, but
closed steady at the advance.
The following are the changes in the clos
ing prices as compared with Saturdays clos
ing:
Advanced Chicago, Burlington and Quincy.
!; Western Union, 4; Central Pacific, New
York Central, J !; Erie, I; Michigan Central,
q; Lake Shore, :; Louisville and Nashville,
Y; Chicago and Northwestern, 4 Union Pa
ci6c, 4; Jersey Central !! Wabash common,
Y; Wabash preferred, b Missouri Pacific,
Denver, 4 Delaware and Lackawanna, I
Oregon and Transcontincntal, IL; Northern
Pacific common ( Northern Pacific pre-
ferred, ~; Canada Southern, ! Missouri,
Kansas and Texas. /; Canada Pacific !;
Texas Pacific, Reading, g. Pacific Mail, &.
. Declined-5t. Paul, b.
Tho feeling yesterday upon stocks was not
very bullish, owing mainly to the weak and
uncertain tone of the market at closing on
Saturday. Everybody admits all active stock
are immensely oversold. arc loaning fiat to
premium, and this causes hcsitancy among
the bears. Mr.. Billings says that all the new
North Pacific bonds have positively been sub
scribed for, and the necessities of the COM
pany haye therefore ample provision. The
general idea is that the price was about S5
but the synidate declines to give the exact
6gure The bond dealers generally regard
these securities as 'oif" at the price, and think
the subscribers,will find no immediate mar
ket. 1t is the current belief now that Viii
lard and the small following were the parties
who sold their stock recently, but that Viii
lard has since bought his shares back. 1t is
thought Billings, Millings, and Pullmam did
not sell. 1t is reported Gould bought Satur-
day 10000 shares Northern Pacific preferred,
and 10000 Oregon Transcontinental when tho
other market was hammered
Vanderbilt people talk bullish on Michigan
Central, which they say is cheaper than New
York Central or Lake Shore.
The east bound traffic of the trunk lines
last week increased 2,7O0 tons, the gain being
mainly on provisions. aeHst-e rat- 4.-i-
Mr.. Pullman said yesterday the business
of the Pullman company was constantly in
creasing.
The Boston Transcript declares New Eng
land believes in Union Pacific, notwithstand-
ing the bearish raids of Wall street, aud says
5000 shares have came over to Boston from
New York during the past twenty eight days.
The Windsor hotel bears, headed by Cam
mack, were in conference yesterday. Cam
mack declares Union Pacific is an easy nut to
crack Denver is not worth n cent share,
and the coal combination is virtually busted
He says that coal is delivered in Syracuse and
Buffalo at the same price as at the mines
The bears claim that Hoyt, Of the Pennsyl-
vania Coal company, has been selling his coal
bLOChJ anu Iulo luulCupCo WdI.
WALL STREET.
At the opening this morning Hamilton &
Connor sold 1000 shares st. Paul, and Elliott
sold. In Northwestern Blandy, Mackenzie
and Keep sold. In Lackawanna Herts bought
5000 shares and Work Il Strong and Holmes
were buyers; Jones also bought. In Union
Pacific Brandon and Harry Wilson and Rut-
ter & Gross sold, and Ii. /. Nicholas bought.
In Reading Sternberger was the largest buyer.
In Lake Shore Campbell bought. The sellers
were Peck Smith, Mention, and Herrick. In
Erie the largest buyers were Denslow and
Brown. Jersey Central, New York Central,
and Union Pacific loan 1.64. Money to 3
cents. Weather changeable and rainy; ther-
mometer, go.
The selling of Northwestern has been by
Walter Bourne, s. V. White, and Powers &
Stephens. Buyers were E. L.. Frank, II. S.
Wilson, Maurac & Bogart. In st. Paul
Amory has sold. Buyers were Bouvier, Bray
ton & Ives, and o. 0'Bren. Jersey Central
was sold by o. O'Brien. The bears claim that
w. X, Vanderbilt has been selling st. Paul,
Northwestern, and Lackawanua this morn
ing. Sterling firm. United States 3s pressed
for sale.
1t is reported from Colorado Springs, Col,
that the Denver and Rio Grande meeting to
decide upon tho new 50,00000O banking mort
gage will be held this afternoon.
1t is reported in tho board that Cammack
and Smiths brokers sold most st. Paul this
morning. Williams & Tappin and Stokes
sold considerably, and Sternberger and ,Fuld
bought the largest amount of stock. Brownell
and Henderson bought Oregon and Trans
continental, Elliott, Minis, Barnes, Imbrie,
and Hance sold, Harvey Durand sold North
western.
STOCKS.
The following arc the opening, highest,
lowest, and closing prices Of the PRINCIPAL
stocks for the day, as corrected by special wire
reports received by Batemau q Co.. bankers,