The Evening critic., 1884-04-23
WALL STREET GOSSIP.
Facts ana Figures Presented 10 "The
Critic's' Readers To-day.

NEitlCA' hennefB IO.uhys
NEW York, April %.
The majority Of traders up town last even.
ing were expecting rather higher market to-
day, which they thought might be extended
into tomorrow. Nevertheless, but fow be.
lieved In any immediate important bull move.
mcnt, and 80 long as the largo gold shipments
continue treacherous ana irregular mar
kct is to be looked for.
The brokers say that Vanderbilt bought
Reading yesterday, and that Goulds brokers
bought Mo. Pacific, U. Pacific and W. Union,
but there were inside orders In the latter In
the afternoon to sell 500 shares every one.
eighth up from 81.
The bears arc betting that tho W. Union
dividend VIII bo reduced on the next quarter.
There was considerable covering OF shorts
yesterday nnd the room traders also bought
the market.
The Gould following say that Mr.. Gould is
personally laborlng very hard to bring about
harmony among the various railway compa-
nice both East and West and no has taken
Russell Sage eaid that MIR. Gould was surely
bullish upon the situation, and no was
very confident that within thirty days there
would be very strong bull market. Sage
eaid that even now there were no long stocks
pressing for sale In the street aud they cer-
talnly were rot lying In the brokers offices.
Tho bulls on tho Pacific roads soy that the
Pacific Railway Committees report OF yester-
day, compelling increased payments to tho
Government on account OF the sinking fund,
ie rot llkelyto ever pass tho Senate this ycnr.
Louis Bell bought about $4,000 shares of
U. Pacific up TO the best figures yesterday ar.
teinoon, after flrst selling II down, aud como
people thought that the bulk OF the stock pur-
chased was Tor MIR. Conner.
II was renoIted that wormsor bought 10000
or more OF Erie.
Joseph @. Mills returned yesterday, and
last evening he declared that neither he nor d.
@. hllls had sold out single Eric bond or
share OF stock, and he offered to wager 1000
that tho Juno Interest would bo promptly
met.
DO. Mills is well and out again, and his
illends say that he was tho main buyer OF tho
stock yesterday,
woerishoner continues bearish on this stock,
ana says that tho moment tho buying coases
IL VIII go right down again. lie sold wormser
call on 1000 shares for one per cent. last
evening at %, eixty days.
The friends Of D., l.. & W. say that there Is n
pool In II for about 1913. There Is said to DO
an order In the market for 10000 shares OF
the latter, and so far they have only bought
5000 shares, which were taken up on scale
order-eyefy quarter down TO 117h.
The trunk line managers meet here to-day,
but the business coming up for action Is not
important, and relates merely 10 Pennsyl
vanin coke pool business.
MIR. Vanderbilt is quoted by his friends rs
having remarked yesterday that It was his be-
lief that tho holders OF the West Shore bonds
would bo obliged to take preferred stock the
same as tho holders did of tho original N.
Pacific bonds upon reorganization, and new
mortgage bond would havo to be Issued.
plan for refundlng tho fret mortgage viii be
submitted TO the holders In few
days, and tho Times this morning
eaynpra eSSs be pep 1ee CENT?
bonds for @ semi annual interest coupons, the
1rst OF which viii be due In July. According
TO this programme It Is not proposed to cancel
the coupons at once, but to put thom Into a
trust company as security for tho payment OF
the debenture, 10 be returned IL default is
mado upon payment Of tho debenturo.
Private advices from Chicago state that tho
d. o. people were present at conference to-
day and that nothing was accomplished.