National Republican. (Washington City (D.C.)) 1872-1888, 1884-09-27
TIE MARKETS.
Prices OF Stocks Yesterday-Trnding
in Chicago and Baltimore.


Prices OF stocks Yesterdsy-Trnding
in Chicago and Baltimore.
NEW YORK, Sept 2e.-Tho most of the
trunk line presidents loft for tho west
yesterday afternoon after tho agreement
made by the Grand Trunk line to abide by
the finding of the arbitrators on disputed
points to be awarded next week. Ledyard
and Tillnghast each said that this road,
having compromised an agreement would
now undoubtedly be made to settle diier-
ences.
Vanderbilt and d. o. Mills were in con.
sultation at the Windsor last evening, and
II was said Mills had begun buying New
York Central and Lake Shore moderately
on scale orders for considerable rise after
the railroad differences are settled.
The Bloodgood- Slayback party also
think that these two stocks will do to
buy at about present prices, and they
picked up few shares yesterday. There
is said to be strong party to put prices
up 10 points before the October election,
which event many think will point tho
general result in November.
Large Chicago traders covered their
short stocks largely yesterday and went
long, particularly in the grangers, but
considerable short interest yet remains
to be liquidated, and d. Z. Morgan said
last evening that tho big western shorts
had hardly begun to cover up yet. Tho
general impression prevailed last evening
that tho market would be stronger and
higher all to-day, particularly the Gould
and western stocks and probably the
grangers.
Conservatives are more inclined to buy
Western Union than other Gould stocks
nm hs tpU he al
campaign, the largest ever known.
st. Paul was go bid after the board last
evening but New York Central was Of
fered at o..
Cammack Is believed to be in joint ac-
count with WoerishofIer on sales Of New
York Central.
The bears say that the rally yesterday
was simply bidding up on ovorsold mar
ket and they advised sales of Delaware
and Lackawanna to-day because the bulls
are full of this stock, which was bought
lately to sustain the rest of the market
Chicago specials to railroad men say
that the current rate on grain and pro-
visions to the east is about 20 cents, and
the Grand Trunk has offered to take
eighth class freights at ia cents. The
Lake Shore. Michigan Central, and the
Pennsylvania Central admit taking grain
ut 16 to IL cents, but say they will reduce
no further unless necessary to protect
their business.
The Exchange Place party continued
worry bearish on Vanderbilts yesterday,
and 1t is understood some long stock in
New York Central was marked for &C
count Of an estate.
Good support was given the coal stocks,
and the short interest of the room has
been covered in Delaware and Laoka-
wanna
The room traders were generally more
bullish, although they place very little
confidence In permanent advance.
II 10 understood that no action regard
ing the trunk line differences will be
taken until the meeting to be held Tues
day next. There were rumors that
trouble could be looked for at that meet
ing, but well-informed railroad men ex-
press the opinion that all differences will
be amicably arranged.
A Philadelphia dispatch says: "The
large buyers Of coal refuse to pay present
this commodity"
A Chicago dispatch says: 1.-THE cred
itors Of the Bankers and Merchants
Telegraph company here have closed all
tho offices of the company, and 1t is be-
lieved that the Western Union will soon
own the property.
There was pressure to lend stocks as
compared with yesterday. The feature to-
lay was the large buying of almost every
active speciality by London brokers. Tho
selling has been largely by the bear party.
Theo. Wilson bought 5000 Northwestern
from 003 to 81, and r. s. Elliott also
bought. Powers and Smith sold 1900
and Decordova sold. .,,S
Prominent London house advised that
the Louisville and Nashville negotiation
for new loan have failed.
The market opened strong, the Wander
bilts leading with advances of ! and the
grangers showed strong on the reported
settlement of the railroad difficulties in
the trunk lines, and in the western POOLS
Western traders covered very largely
and the trading up to noon was actives nt
general advances of I to 2, New York
Central the leader.
During the afternoon the market held
strong, with occasional reactions until 2:15,
when it began declining on realization
sales, aud the close showed prices about as
the opening with ratheS free offerings at
the decline.
Thebulls seem to have regained courage,
and to-morrow's market should open
fairly steady.
Quotations OF Fridays Stock Sales,
The following have been furnished by Bate
man 4 Co., bankers l4ll street, being the
most active stocks in the New York exchange;