National Republican., 1884-01-22
THE MARKETS.
Mr.. Gould, tho Recipient Of Useful and Gratui-
tous Advice.
Meanwhile Tie Is Accommodating the Dol
lars and In,p0rting InstrWUtlOn'
REVIEW.
Succig' Dt01irh

futClN bUDu'n.
NEW YORK, Jan. 81. Tho market opcnod
ut closing Saturday prices, and declined i'm
mediutely under pressure to soil ST. Paul and
Gould stocks The hears went for Gould up
to noon. Western Union aud Union Pacific
were held well, although Western Union sold
down per cent. from ~ to ~. Tho whole
list symuathizcd with the decline.
Tho pressure to sell Sc. Paul continued
and from Osborn and Cammacll following.
Gould denied the report that q receiver
would be appointed for Wabash. West 1hDro
is strong and Southwestern bonds very weak.
Oregon and Manitoba won't down easily.
Market was very active. About > p, m. New
York Central led a rally and it continued up
to tho close. The market appeared TO be
ovcrsuld. Stocks wcro in sharp borrowing
demand all day.
Cammacz has bcen informed that matters
nre in as bad way as stated and the general
situation aggravated 10y the crash in Atthl-
son stock, which WAS mostly held by New
England, amounting to sGD,0ODOOO Cnm-
mack believed further that heavy liquida-
ton Is Inevitable aud that Gould will try TO
hold tho market. lio did not question
GOuld's ability to support his own stock.
Henry n Smith thinks Gould unwisc to try
80 stem the current, and says that if ho were
in Gould's place he would throw oycr enough
stock to smash the market and then quickly
turn the speculation into an upward hurrah,
and then twist the shorts.
Woerishociier thinks the monetary strin-
gcucy Just began in London would tend to
send American securities homo. He was OK
peCting bcarish news on st. Paul, and was
worry bcarish on IL. Tho gossip5 assert that
the bulk of tho 10000 shares of 50. Paul, upon
which G.. Oracle and Westcrwoll were given
up Saturday afternoon, was mainly for
Woerishocilcr'5 account.
Gold continues firm believer in Union
Pacific, and says it will go To par next way.
c. p. Huntington says Gould is the strong
est man in cash that there is in WALL street
to-day, despite vicious rumor5 to tho con-
trary.
4 rumor is current that Gould would again
bring cut that box and display those sCCurl-
tics To convince tho unboliCyer5. III Is re-
ported that Gould has in the aforesaid box
$3OOOJ,OOD Western Union, 9lj,OOOOJJ Mis-.
souri, and S20O0J00O Kansas and Texas
paclc also large amount Of Wabash and
Union Pacific. The Louisville and Nashville
statement shows earnings Of d2 per cent. on
$25,00O,0OO stock for six months. OF this
stock nearly Sj,DO0,O0O is in the company $
treasury. 81
Sales to-day aggregated 45l,557 shares, IN
cluding Delaware, LacJawanna and Western
:2,1i0; Denver and Rio Grande, 300; Erie
15,40O Kansas and Texas, 1850; Lake
Shore, lG,Osj; INusyilloand Nashville, 2li55
NlSsOurl RACINE -l,bAp' NOtJlWt'tcIlJ ~
$50; New Jersey Central, 3,1O0; Now Norh
Central, 1850; Northern Pacific, 0,Oj5; Read
ing, 12,7OO; ST. Paul, 7l,sO); Texas Pacific
7,1l5; Union Pacific a6,O3S Wabash Pacific
$500; Western Union, 32JS5; Oregon 'Eraus
continental, 25i5O; Northern Pacific pre-
iorred, 2O,7S0; 81. Paul and Omaha preferred
$3.50; Chicago, Burlington and Quincy, 5000
st. Paul, Minneapolis and Manitoba, G,2Oo
Wabash preferred $3.50.
STOCKS.
The following are tho opening, highest
lowest, and closing prices of tho principa
stocks for the day, as corrected by special wiz
reports received by Bateman * Co., bankers
No. 1i1l Y street northwest: