National Republican., 1884-06-23
THE MARKETS.
( TurrS IN Wall Strcct-Goull Squeezing Mis-.
sourl Pacific aud Iackawanna Bears -Rcvicw
I'm Az. NAnnA

: FiurrS IN Wall Sirect-Gould Squeezing Mis-.
sourl Pacific mud Iackouanua Denrs-Rcvicw
for tho week.
NEW YoRx, Juno y. Tho stock exchange to-
day was the scene uf great excitement aud the
fluctuations IN prices were frequent and vi0-
lent AZ the opening the market was lower
and prices fell OIL a to z, pcr cent. for the
general list and i9E 10 ai TOR Tacillc Mail and
Michigan Central. N,Gut iUl5 u. M 10 be-.
came known that u large amount Of iucka-
wnnnn had been called In md f'ir bear, i'm.
mrdiutclN s'urtCd 10 cover. which resulted In
largo advance. tnrl,awnuuu uud Missouri
Ihriic were ne great features Of speculation,
!hc former rising ~ per cent tn lui and the
latter ~ to lu. Cash stock was worth y to
per cont more Than regular aud ps high ~ "a
lrt cent, WI, puid iDr the usc Of lHckuwauiln.
Tie other active shares also Cutuinandcdn
premium for use, The shnrI, ri,c I'm Lncka-
elect on the general lit aud prices rose ! to3
prr rCut The advance brought about rCnlizu-
u'ns and Missouri Pacific loll oil 10 W.,
lArSuWnlinn to lulla, aud the remainder Of
Tho nr,iyc list u to per cent
Late IN the afternoon the bcnrs started
story that g. J.. Huntington md some Of his
coVruiiu,u hul liilCd ur were CmburIat .cd,
aud money was bid up ppillyto l-}l per diem.
made against nearly all Of the icudiug stocks,
nnd prices wct forced down TO ~ per cent.
III Tie general ii> aud TO & per cent. IN Lack
aWaniin aud Missouri Pacific,
There Tns very little change III the cotton
market today cAroW that the Gymlns bought
lhv nuat months niId sold the fall months. The
tone NJ the closing Wgl better
\ hrokcr usually acting for Cummnck sold
I lD,WO shares Oi Lake shore yesterday. The
lrnnknctlun was supposed to have been made
for the Vanderbilt Interest
Conservative brORurs .art cash margins Of
~ per cent from their ttsuaUrs, which pre-.
MN
the market
The sales OF stock to-day aggregated ia3l3g
/ shares, including the iullOwIul Central Pa
ciiic, lllN; Delaware lHCkavrilun and West.
/ en- III ,UO Lake shore. n tV Louisville and
Nashville. GGi0 Missouri Pacific, ~ IN; North-
west, 2732h New York tCntEl 1915: Pacific
Mail, $50; St p0ulSl,pn Union pncllic, So.
| 6lo, Western Union, AOW; Northern Pacific
| preferred, lsGSDi Chicago, Burlington aud
| Quincy 7775
nANR STATEMENT, JUNE n.
Revenue increase. .....................s3 So U3 i7j
lNbllS ucttchsV'. V'.,..,'..,....,....','.. 2,SFhtp
S"rlO lhctchsr.' r.'.....',,.......'..... 2,uhl, ,SO
/ i'Eul tender increase. ,,...',s,...... 2OV,WN
| lFlNit decf'nsc. nsc........,,........,... llJ,Jb
circulation tucrensc ................. 5s,dO
! THE WEEK.
The condition Of thiugs outside Of Vail street
1 uud the securities dealt In there have became
mutc favorable during the prst week.
! t'Ils Throughout the country nrc in good
| l'N'llllu5 WI ruNlFllilIll
| In the stock mnrkct great dizziness prevails
! accompanied by extreme depression und wcnk-
/ lrs', the principal exceptions to this rule being
| Missouri Pacific, Western Union and Delaware
! lAckuwnnnn aud Western. Missouri Pacinc,is
! scarce IN the market, and II Is held up 10y Mr..
! Gould with the assistance of this short demand.
| The market lnS heon almost entirely under the
| control Of the bears. whose best point Is IN the
| circumstance TINT there Is 10 s,ruug party in
| The opposition to them. The NnndOrbilts have
| been especially wvOk. II Is snid Vanderbilt
| gives no support 10 his stocks, aud II Is con
! cludcl tlnt ho only waits to buy moro of the
| same NJ lower prices.
During the latter part of the week the
! market developed I'M exceedingly weak tone
/ on shurp attacks made by the bears ON the
| Vanderbilt stocks, LnCkawuuna, and others
/ The Vanderbilt Sprclultus huyr lost heavily ~
| income during the current huff year nBd II +
| also rimorvd TINT Gould IS u hC1r on them tC
repay Mr. Vanderbilt for his late refusal t.
| give 0uy assistance TO oppose the long and
| heavy decline In stocks
| IN the cotton market the failures NJ New OR
! lcaus, ana the return OF good weather ~ the
south, caused u pressure to sell, lJOldprs lost
| confidence, and the process of liquidatlnl
| "lOng' contracts wus nCtivD md general.
Quotations " saturdays STOCK Sales.
1