National Republican., 1883-10-12
THE MARKETS.
Business Dull on Account Of the Hebrew
Holiday.
The Gould stocks stuI in DemOrOlIzed
Condition.
GOSSIP.
Special Dispatch.

NEW York, Oct. 11.---Brokers reported that
the closing was somewhat irregular aud tho
trading lacked character, but with no particu-
lar buying or selling, 1t is thought by many
that the heavy buying of Northern Pacific
preferred aftor the second call was for Gould
and that he sold Oregon Transcontiuoutal.
1t is said Cammack was the leading bull on
West Shore bonds and he covered about 5000
shorts lie Union Pacific during the day and
covered st. Paul shorts Tues lay. The demo-
cratic victory in Ohio had been discounted in
the Market and tho bulls hint strongly about
recent conference between leading capital
lists who are large traders for an advance in
the market. The Gould following declare
this is true, and the Vanderbilt brokers advise
their friends to sell nothing short aud say
something favorable will soon develop. Rus
sell Sage told capitalist yesterday that he
could not better put his funds than into good
dividend paying stocks ut going present prices
Smith says he is not bullish on the situa-
tion.
1t is reported negotiations pending for
settlement of rates war between Gould's Iron
Mountain and Texas railroad system and the
Texas and st. Louis Narrow Gauge road, and
strong probability of an early settlement.
MIR. Jowott, of Erie railway, who continues
Allt Will Db 10 LnlS ClJy bO-uuys
There was rumor up town of q dry goods
for million, but it could not be verified.
1t is also said that Vermont scale manufac-
turing company had suspended, and that it
might result in the closing of local in Rut-
land. No particulars as yet
WALL STREET.
On the opening Leo sold Northern Pacific
common. Minis bought tho preferred and
Henderson sold Oregon. West Shore bonds
10 nN.1 I..,s II
kean. Henderson sold 1000 New York Cen
tral. The buyers were Castilanos, Minton,
Reed, Williams, Vermilye & Co. In Union
Pacific the buyers were Raymond and Van
Emburgh. Lake Shore was sold by Haight,
Floyd & Jones, and Nelson. The buyers were
Stockwell & Campbell. Union Pacific lends
flat to Lea others unchanged money, 2. Tho
Chronicle gives September earnings, sixty-two,
western roads showing an increase of S2,012,-
600. Northwestern earnings tho first week
in October were $26,s00 increase.
Heavy private purchases of government 4s
are reported this morning at 12l, and Is sold
ut I'D.
The sharp rise and activity in West Shores
o-day gave rise to rumors that the road will
be leased to the Grand Trunk or consolidated
with the Pennsylvania railway.
Brokers say Sternberger & Euld, and f. L.
Frank have been the largest sellers of New
York Central and Lake Shore to-day, it is
supposed for Woerishoeffer. Osborn u Co.
have been the heaviest sellers of tho Gould
southwesterns. Mr.. Chapman sold ), 200 shares
Texas Pacific. S. V. White has been the lead
ing seller of Lackawanna. Henry Bros &
Warfield bought some, but tho buying was
scattering. Gen. Grant Jay Gould, and
Others have been at Works office this morning
in conference.
Brokers ascribe tho dullness and decline to
the demoralized condition of the Gould stocks.
A careful member Mt tho board telographs his
customers this afternoon that the bulls seemed
to lose all heart and their money, and the
market will have to be turned by the bears
themselves. ,nstyugJ ~, 4,lt
Sterling exceedingly dull, and the Hebrew
holiday (day of atonemont) checks business
ON all European houses fully one-half.
REVIEW.
There was uniform and constant weakness
during the forenoon, and no instances, save
possibly Jersey, of firmness The current
was emphatically downward. Tho greatest
weakness, II, being in Northwest, which sold
at 119, and Texas Pacific, 2l4 Jersey was
neglected. The stocks which at noon showed
loss of over l point, besides tho two just
mentioned, compared with Wednesdays clos
ing,were Kansas and Texas, IL; Northwest pre-
ferred, Ii Missouri Pacific, IL; ST. Paul III
and Omaha and Northern Pacific common
each /. Canada Southern, Lake Shore, and
Denver, each declined q remainder of list
was W lOWcT
Money, 2 to q. Union Pacific lent fiat to
1-64; others unchanged If anything was
wanting to render tho unhappiness of the
bulls complete,th want has boon supplied by
the utter Generalization OF the Gould stocks,
and the opinion is expressed that the bears
must turn the market themselves.
The rumor on which Texas was sold old
suits brought by income b0ndhOlders, to COM
pei payment Of interest out of earnings instead
of sales of land. There was some improve
ment after 2:l5 o'clock with Jersey Central,
the strong feature on light trading il and
North Pacific preferred being advanced /
from the lower Oregon Transcontinental
was weak, the buyers of North Pacific pre-
ferred being sellers of Oregon Transconti-
mental, rs has been the case for several DAYS
past. Tho close was little stronger on light
dealings.
LONDON, Oct IL. 12;30-United States
bonds unchanged Erie, lower; Now York
Central, lower; Illinois, lower; St. Paul,
IoWSI.
STOCKS.
Tho following arc tho opening, highest,
lowest, and closing prices of the principal
stocks for the day,as corrected by special wire
reports received by 3ateman g. Co.. bankers,
No l4ll street northwest: