National Republican., 1883-04-13
THE MARKETS.
Dull But Steady Trading in Wall Street.
Denver Given a Slight Boost
Evidences That the Bulls Have Been
RcaIizing-Gen Gossip.
GOSSIP OF THE DAYs
Special DisDdtch.

Special DtsDatch.
NEW YORK, April 12.-The general idea oil
brokers for large concerns in the. board is that
the bull leaders have realized extensively
within tho past twenty-four hours and the
market is now rpo for q reaction They
agree that it is bull market, but they be-
lieve that stocks begin to look somewhat tired
and the moderate selling movement is about
done. Sage comedies that there has been con-
siderable realizing going on, but he strongly
predicts that prices will advance largely
next month. The room traders say
that they are about even on the mar
ket, but they are working closely
for a reaction. G. ]. Osborn is not very bull
lish, but his concern is lending great many
stocks. A batch of Laokawanna was bought
in yesterday at 1.3O and above, which was
put out below $1.20. There is the best kind
of buying of Northern Pacific. 1t is claimed
that Willard and his friends are complete
masters of the situation. Vermilye & Co. and
Clark Dodge were large buyers of Canada
Southern yesterday. IL is reported that
Gould is negotiating for the purchase of
the Morgan estate Western Union
stock. Cammack was in Washington yester-
day. The vice president (Koan) Of New
York Central says that the earnings of this
company for tho first quarter Of this year are
the largest ever known. The Granger rail-
way people here say that yesterdays SHOWS
had no serious effect upon northwest lines,
and was merely sugar snow. Sage sold puts
on $4,000 Union Pacific yesterday at 92, six
months, for per cent, and was bid for 5000
more, but he declined, as he has 25,0O0
now out. The Germans and Woerishofier
were buyers of these privileges, and it is
said that they simply stand on them. Keene
sold about 5000 yesterday at 95. j. G. Mills
declares that Erie is earning a dividend on
the common stock.
The market opened without especial fea-
ture being very quiet and steady, but with
strong undertone. Money loaned at O.; stocks
were lending at g. New York Central was
offered at 3. Nat Hunting is again buying
Lackawanna. Davis and Tileston sold most
st. Paul; the buyers were scattering. Yer
milye & Co. bought New York Central, John
Wilson and Lawson Douglass sold Lake
Shore. Chicago dispatches report that seed
ing has commenced in Minnesota and Da-
kota Territory.
A Chicago dispatch says that the Tribune
states that the complications regarding the
percentages demanded by the new roads, &C.,
-,
the eastern trunk lines at any moment in
consequence
Sterling is dull at SO to S4}. Cotton is up
points and the Liverpool market is firmer.
The Chicago market is up pOint'for wheat
and for corn. Government bonds are dull
and 3s soft.
A Philadelphia dispatch reports large
short interest in Reading.
Johnes put up Denver this p. M; Osborne
& Co. sold.
The Lake Shore was bought by Davis &
Minis, Cecil, Van Emburgh q Atterbury, and
Scranton-Willard.
REVIEW.
The market opened dull, but fairly steady.
The principal dealings were in Lackawanna
New York Central, Northern Pacific, Union
Pacific, Lake Shore, Louisville and Nashville,
and st. Paul among the faneies. Richmond
Terminal roso II. Tho greatest dealing was
in Lackawanna. Lake Shore was bought
largely by Godet g. Co. and Edward Rook
The room traders offered n few STOCKS down
early, but they were gobbled by the cliques.
Toward noon the market was more active
Stocks were renewed in loans at 5, except
Now York Central, which was offered at 3.
Money was at 6. Sterling dull and un-
changed.
Government bonds dull
On the second call the market was firm,
but not so active.
Inc room Jrauers DOOsteu Denver tnlS u. ~.
on the covering of shorts The stock was
supplied by Osborne & Co. Lackawanna
touched at 1901.
At 2:30 the market continued firm and re-
mained so up to 3 O'clock when it closed
strong but dull
LONDON. 12;30.-Pennsylvani Central
higher; Ontario and Western, 4; st. Paul
declined d; Illinois, / and New York Cen
.tral, /.
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 g. Co., bankers,
No. 1411 L street northwest:
h = | i, !,