National Republican. (Washington City (D.C.)) 1872-1888, 1884-02-16
THE MARKETS.
Vanderbilt Denies That He Has Bought Into
the West Shore.
a Lively Day for Rumors, but Not Much
Business Done.


NEW YORK, Feb. 15.--The market to-day
has pivoted wholly on Union Pacific. At the
opening the shorts were anxious to cover, and
bought all day. The bull pool helped prices,
and the stock kept very strong. Other stocks
comparatively neglected. ST. Paul, North
western, Canada Southern, and Louisville
and Nashville showed sone trading. All
stocks, except the coal stocks, were higher
than yesterdays closing. The market may
be called very dull and very strong all day.
Bonds very stong, with general advance.
The earnings Of the Rock Island for the
six months of tho fiscal year are nearly
made up, and show that moro than the full
years dividends were earned during this
time
Regarding tho sensational column article in
to-day's World that Vanderbilt has secured
control of West Shore it is practically certain
that the company will issue class A and class
B bonds. Excellent authority says Wander
bilt holds over ten millions West Shore bonds
in order to force foreclosure in case the com
pany defaults on its next interest, IS 1t
probably will.
The Vanderbilt brokers say Mr.. Vanderbilt
will publicly deny tomorrow tho reports that
he has supplied the West Shore with money.
Denver earnings for December show
Gross earnings, 1857 1854; operating ex-
penses, 1891, 34l.62; net earnings $l63, .O2;
nbb thIuluBb 1000, gNtOlO'aof'pOs oNN ~
ceipts from other sources, $114;53l.O6; total
earnings, less operating expenses, $2732,-
96515.
Private advicNs from a high official Of the
Canadian government say that the Canadian
Pacific measure will go through parliament
with so majority.
Mr.. F. Ii. Lows, of Rock Island, says Har-
vey Kennedy demanded list of stockhold-
ers, as he wanted to ask for proxies in Van
derbilt's interest.
Parties interested in the West Shore road
say the majority of the stock is held by Re-
ceiver Green, and the control could not be
purchased In the street.
Vanderbilt when shown the printed arti-
Gle, said: There's not word of truth in it,
have not dollars interest in the West
Shore"
The Boston Transcript this afternoon init
mates that tho Oregon railroad and nsviga-
ton company will BIO released to the North
ern Pacific railroad company, and the $751;
100000 of stock of the Navigation company
now owned by the Oregon Transcontinental
will also be Sold and Jay Gould will buy con-
troll Of the Oregon Transcontinental company
which will place him in strong position t
dictate terms to the Union Pacific and Cen
trail Pacific companies.
Vanderbilt denies that Kennedy 10 acting
for him about the proxies, but he won't soy
what his own intentions are in tho Rock
Island matter.
1t is stated by good authority that Wander
bilt has taken steps to prevent tue delivery
and sale of the Nickel Plato telegraph line &c
the Baltimore and Ohio This line was in tn,
purchase of the National Telegraph line re-
comfy made. Mr.. Vanderbilt claims the line
that belongs to the road under Nickel Plate
mortgage and he announces that II is his de
sire to have the line operated by the Western
Union company.
Sales of stocks to-day aggregated s4,4o;
shares including the following; Delaware
Lackawanna and Western, 20, 800; Lake Shore
1910; Louisville and Nashville, 1920
Northwestern, 6,600; Northern Pacific, 1850
St. Paul, 39750; Union Pacific 96,456; West
ern Union, 5000; Oregon Transcontinental
$3.50; Northern Pacific preferred, 9,2oS; Eas
Tennessee, IL ,925.
STOCKS.
The following are the opening highest
lowest, and closing prices of the principa
stocks for the day, as corrected by special wir
reports received by Bateman & Co., bankers
No. 1411 street northwest: