National Republican., 1884-10-08
THE MARKETS.
Gossip Among Brokers and Spectators in
Wall Street.-The Chicago and Baltimore
Markets.

a-
Gossip Among Brokers and Spectators in
Wall Street.-The Chicago and Baltimore
Markets.
NEW YoRK Oct. 7.-irhere was an unusually
large crowd of speculators ut the windsor last
evening, and the feeling was quite bullish.
The Cammack.woerlshoiIc party had very
little to say, but there were limitations that
line of shorts would be sprinklcd out to-day,
II the bulls continued to advance the market.
Northwestern ut about o. and n, Paul at 50
were mentioned as figures nj which the bears
would put oiit short lines. Brokers generally
agreed that tho prospects that the republicans
would be victorious in Ohio and West Virginia
next week were cxteuJyoly used to bulf yes'
torday's market
The Gould people say that II Ohio goes ro-
publican there will be q strong bull market
until New Years, with the Gould following In
the van.
Morgan says he Is bull for % per cent,
Whatcvcr may be the political result. Tie bc-
ncNcs st. Paul will cross SO this week, and Ia
ciiic Mail aud Union Pacific viii have further
rises.
:, The Bloodgood-slayback party believe st.,
P9ui WI go TO par this winter Mr.. Morgan
ADVISED his friends to buy Pacific Mail to-day,
particularly II It shonld react to about ~,
and ne would not be surprised to see u general
moderate reaction ut any time. The Pacific
MAI company, he snys, ~ earning Sh per cent.
Wnile only paying 3, and the surplus is run
ning 1n into the second million.
GOV. Cornell said that the Western Union
company had Just got It's final figures In for
we annual report, and they would show that
this company earned half million clear after
leducting u loss Of an equal sum occasioned
by the strike, and the dividends paid beside
The reduced tariff adopted had generally In
crease, creased We receipts notwithstanding the op.
| position liues The cash receipts of New York
state business In Buffalo, n. V, each month
last year increased from 10 to 40 per cent over
| former years Notwithstanding reduction In
rates to - cent basis.
Chicago dispatch says that the throwing
over OF the tripartite agreement by most of the
roads which agreed to maintain II for twenty.
| iiVe years caused the independent action OF
koek Island people regarding the 1000 mile
tickets, and the war will continue until all
the tickets sold are used up. There is a good
deal of trouble among the lines, both east aud
west OF Chicago about passenger cut rates
and conservative people expect reaction ol
the e stock market this morningin consequence,
The official statement Is made that n syndi
cate In Amsterdam and London hns taken
| 5OOOOOO stock and 5,0O0,0O0 bonds of the
| louisvill e and Nashville Railroad company NJ
| $50 per share for stock. The company has re
served the right to offer the bonds and stock al
| given prices to It's stockholders, the syndicate
taking whatever the stockholders do not take
| The proceeds Will liquidato the entire floating
| ueDl Inc company VIII probably come Ou
IN q day with a circular TO tho stockholders.
The principal bankers say London has been
selling Central Pacific stock here since yester
| day.
The Bloodgood- -Slayback party declare tha
! the bears are the only people apprchensiyI
about the market. The bulls are perfectly
easy, and satisfied to hold stocks for highe
prices. This party claims that st. Paul Il
worth more now than when II sold at 10.
Ihe directors OF Louisville and Nashville 10
day decided to issue n number of new securi
ties. The official announcement.will be mad
| TO stockholders by circular tomorrow. To.da.
| the particulars are withheld.
CHICAGO, oct. THE visible supply of grail
on oct. isl as follows Wheat, 26 3T6 900 bushels
corn, 7,07T000 bushels; oats, 3,1l2,00O bushels
rye, d7SOOO bushels; barley, $4,000 bushels.
Quotations Of Tuesdays Stock Sales.
The following have been furnished BY Bate
man d Co.. bankers, 14ll r street, being tn
| most active stocks In the New York exchange:
| On Hinh. Lnin. C1an. hllei