National Republican., 1883-10-17
THE MARKETS.
Two Sensations Among Leading Dealers on
Wall Street
The Liquidation In Oregon Trnnsconti-
mental and the Decline I'm Coal,
GOSSIP.
Spscidl Dispdirh.

and the sensation was tho liquidation in
Oregon Transcontinental and decline in coal
stocks. There were indications of further
depression to-day, but the immense short in
terest may begin covering, and prices ad-
vance. Cammack is known to have sold 10000
shares of Wizards short yesterday, mainly
Oregon Tlanscontnontal. 1t is said promi-
nent member of the Willard pool sold out his
Oregon Transcontinental yesterday, and a
capitalist (highly interested in the coffee
trade) also liquidated large block, which
cost him over so. 1t is likewise reported that
bull pool in LaclSawanna in Wall street
house had liquidated, and that ClaAin's stock
had been thrown over
The talk is of 110 for Laclawanna this week
and 35 for Oregon Transcontinental.
Cammack says the Western Union Telc-
graph is liable for the pool sellers losses
through bogus kilograms.
Joe Mills is very bitter against Willard and
his administration, and says tho whole con-
Germ will have to be recognized and Willard
kicked out, or the securities will be worth
less.
Woerishoefrcr declares Oregon Transconti-
mental will go to 25.
Boston bought some Oregon Transconti-
mental here yesterday afternoon, and after
board hours it sold at 42t, The bears say
an application will be made by stockholder
of Northern Pacific preferred to-day for an
injunction restraining tho $20,000,000 new
bond issue.
The suspension of d. Morrice & Co., exten-
sive Canadian cotton manufacturers, was q
blunder of the New York ECening Post corre-
spondent yesterday, and it is expected the
banks will sustain them.
The Wizards opened weakest, most pressure
hain met iHn
which was sold heavily by Slayback, and
Powers & Co., latter offering stock down to
5S2. Missouri Pacific was bought by Boyd
q Vincent, and Dematte. Harding was a
seller. In Western Union Daler & Co. were
prominent. In Lake Shore Dickinson bought.
New York Central bought by Herrck, and
sold by Read. Lackawanna bought by Ray
Inond, S. N. White, and Bouvier; Banks and
O'Brien sold.
Northern Pacific preferred lends for ZIG,
and Now York Central and Jersey Central,
1-64. Money offered at 2.
Under the cover Of the attack on the North
ern Pacific stocks this morning the bears
bought in their Lackawanna shorts by the
ram; also Oregon Transcontinental aud some
other stocks.
Northern Pacific preferred lent as high as
of per cent. for the use, and there is an
impression in the room that the traders have
left the short side for the moment and are
buying turn.
Governments strong, mono offering Ster-
ling quiet, and favors the buyer at $l.s4f to
$i.s53.
WALL STREET.
A meeting of several large capitalists has
been hold this forenoon to try and stop the
decline, but nothing definite has resulted
from the conference.
Ii is announced that William II. Wander
bilt has just got loan of four million, and
Gould made u sterling loan yesterday of sew
eral million. s.i.i'e q. ID. "a. :.
Lake Shore has been bought by Van En-
burgh. The sellers were Wormser, Camblos,
Hollister, and Simpson. In Michigan Cen
tral, buyers were Van Emburgh, Bissell,
and Quick. In Northern Pacific preferred,
j. M. George bought.
The pressure in tho board has been OH St.
Paul. Hamilton & Connor, Western & Deb
'billier, j. G. George, and Osborn & Woeris-
hoetier's, Smiths, and Cammack's brokers
have all been selling st. Paul, and it is as
serted that 5000 shares have been sold out
for director.
Jersey was broken by NJ. 9. Bauvier and
ID. r. DAWN.
Other sellers have been Nicholas and Groes-
beck, and S. and John Waldo have sold Lacka-
wanna.
1t is reported on excellent authority that
Vanderbilt has been liberal buyer of his
stocks all day. Barton, Rollins, and Breen
have been on the floor considerably to-day.
The bears are attacking the whole list, but
st. Paul and Central Pacific, with Lacka-
wanna, have been the greatest sufferers. The
bears threatened this morning to crush the
market, and they do it boldly and without
opposition. The bulls, they say, are power
less. The banks arc not likely to disturb
their stocks loans, their collateral, as a rule,
being Al and already well marked down.
REVIEW.
Stocks opened excited on Wizards and
Lackawanna, but fairly steady, with the
grangers, Vauderbilts, Lake Shore, and Union
Pacific the features. At one time q block of
10000 Lackawanna was offered at 115, and it
sold from that up to 116, returning to 115i.
The most spirited selling was in Northern
Pacific preferred, which fell to 5sR, but recov-
cred the decline by IL o'clock. Northern Pa
cfic common fell II, and Oregon Transconti-
mental !, as compared with closing, but the
latter advanced to 43, then dropped to 80.
Burlington and Quincy was sold down per
cent, and Wabash, and Delaware and Laclla-
wanna, and Hudson, and Michigan Central
rose l to Ii. The latter on Delaware and
Hudson. At IL o'clock the majority were
slightly below last nights closing,
exceptional declines being in Oregon Trans
continental, Ii; Northern Pacific, IL; North
ern Pacific preferred Z. Wabash Denver,
Delaware and Hudson and Michigan were
to "a higher. Stocks were strengthened
somewhat by the reported negotiation of q
$l00O.000 loan by Vanderbilt and by his
brokers buying his stocks on the floor in per-
son. Money offered at per cent. Stocks
loaned generally at ?. Northern Pacific pro-
ferred, 1-l6. Jersey, l-64. Sterling was quiet
and easy. Governments strong.
The feeling at noon was heavy, st. Paul
especially pressed for sale down to 96s. Lower
prices were made all around on the second
call, o result of the st. Paul break, which
further fell Z. Fluctuations in the active stocks
were wide and frequent, and there was nearly
general decentralization. There was a slight
general advance early in last hour. st Paul
recovered 1, but reacted a fraction, and fresh
weakness in Delaware and Lackawanna had
dsquieting effect, and robbed the list Of the
rally leaving values at 250, tho lowest of the
day.
Stocks closed weak and unsettled.
LONDON, 12:3o.--Erie lower; New York
Central lower Illinois Central 4 lower
Pennsylvania Central 4 lower; Reading
lower; st. Paul lower. United States bond:
unchanged.
GOVERNMENT BoNDs
United States as 1891 registered -..... Iii, Ills
United States d6A. 1921, coupon ,,-.,," ll4a lH7
United states Is, 1907, regiAtered l2lA 12
United States "a, 1897, coupon .".""..". l2lS l2l
nnlied states Ss''''.'' inO ...
WASHINGTON STOCK ENC1IASGi-
N#N