National Republican. (Washington City (D.C.)) 1872-1888, 1884-08-15
TIE MARK ETs.
Duoyant al the Opening, but = Subsequent
Falling on on Account of Various Rumors.

Falling on on Account Of Various Rumors.
NEW YoRK, Aug li.--Tho stock market TO-
day was buoyant during the carly hours Of
trading, and there was an advance OF u to "a
per cent In prices, Some round amounts OF
grangcrs, New York Central, Lake Shore,
Western Union, and Union Pacific were taken
for the long account. Amer p IN. Louisville
and Nashville broke ~ to 80, and II was
rumored in the room that tho Wall Street bank
had made loan on the stock as collateral and
had called the loan. As the borrowers did not
take II up, the bank sold the stock In the open
market subsequently New York Central WINS
raided on rumors that the directors of the
company would meet tomorrow and an.
thorizo the issue Of from i0,0oOWO to
boEds This exefEt STd G an un dsVSSfs
influence on the other market and prices de.
olined y to "a per cent. Near the close there
msrsot Icy oil TO Ea GG WS, a due INC
statements by q leading director Of the New
York Central to the effect that the committee
would not issue debentnro bonds, and that no
meeting of the directors would be held to-
morrow. nor had any notice been sent TO the
directors of any meeting. lie admitted, how
ever, that conference ftho Vanderbilt party
would be held at Saratoga tomorrow.
Hallway bonds were strong until near the
close, when there was u fractional reaction,
due to the weakness In the share list
The bears Of Exchange place and Twenty.
third street still show disposition TO hold oil
great deal Of interest centers in the forth
| coming annual report Of the New York Cen
| trail II Is currently reported TINT the earnings
show large decrease, while the operating cx:
| pouses arc increased. A report Of reduced
| dividend finds considerable crcdeuco.
Onlcials of the Rock Island road say the
/ trunk line troubles are not serious.
| Tho soutter following have been buying
stocks during the past few days;
| -; ". Whites party Is reported 70 be short Of
81, Paul, and Is said to be borrowing the stock.
The most activity was shown I'm the Wander.
| bits and 81. Paul The buyers OF Lake Shore
were II. G. Oakley, Lee, Ryan 4 Warren; J. j.
Hlllyer, II. bailey, and G. Gerichs The sell
ers were l.. IL, Niles, Carrol, Nissan, Whitney,
and Putnam " Earl. The Germans sold New
York Central in small lots, with scattering
buyers
Commission houses report some buying
orders IN the leading dividend payers,
The Vanderbilt brokers are open buyers and
bulls on Erie. II Is stated that Vanderbilt
bought ID. o Mills's stock during the late
breaks.
1t is probable that a meeting of the Chicago.
-. Louis pool will he held about Sept 10, and
that the pool will be continued. The Wanda.
Tia, which II was supposed would break tho
pool, has expressed Its satisfaction with Its
percentage.
morrow to consider the issue Of the de
bcnture bonds. All persons In the company
have been enjoined to silence, but II Is under
stood that there is little doubt that the bonds
VIII be issued to the extent of sl0,oQO,oOQg oil
Sn Sno Ssa ssq sSs the ti%S
tically notes of hand, and constitute direct
obligation made by the New York Central
company without any security. They are tc
be used to meet pressing necessities.
Quotations OF Thursdays Stock Sales.
The following have been furnished by Bate