National Republican. (Washington City (D.C.)) 1872-1888, 1884-11-21
THE MARKETS.
The Bulls Talk Confidently, But the Bears
Win the Day in the stock Board-Chicaso
and Baltimore Quotations.

WIN the bhy IN the htock BOhTu-ihichgO
and Baltimore Quotations.
NEW YoRR. Nov. 20.-Tho traders talked last
night OF n probable reaction in prices some
time to-day because the short interest has
been pretty well driven out and there was
considerable realizing yesterday afternoon
Cammnck declared that tho upward move.
mcnt merely reflected n room traders deal,
but his friends say CammaCk ran on his shorts,
and bought 5000 Union Paci6cs In hurry.
Some of the best Informed and conservative
commission houses continued to talk very
bullsh last night, and those who buy largely
for investment account wore predicting still
greater advances to-day. They argued that
the bear corner had at last been successfully
turned, aud nothing now short of II calamity
could again send prices as low as they have
been.
Prominent Philadelphia stockholders with
New YORK connection reported that they had
bought aud paid for batch of divldend.pay.
ing stock for Philadelphia investors, and the
securities were shipped at once.
Boston investors have also been buying here,
aud Chase and HigginsOn, Within tho past two
days, have bought about 900 shares Of Chicago,
| Burlington and quincy for Boston investment
The bulk of che ~. Paul buying has been for
people who talk 50 for the stock, and the stock
brokers also bought the stock considerably for
| themselves.
The dry goods merchants reported more &C.
| tivity yesterday, Notwithstanding the severe
rain storm. They also report TINT the restrlc.
ton of the production, and the steady con-
| sumption of standard goods Is telling.
The announcement from Chicago this morn
| ing that the general passenger agents have
agreed to restore prices for New York tickets
| at once, on penalty of 500 for each cut, ~ re-
garded as indicative Of the ond of the troubles
soon. The PENNSYLVANIA railway people say
the war Will soon end.
There is some depression in Woonsocket
X. l., owing to half time, and In New Bedford
because the Wamsutta mill has reduced female
splnners from II to Is cents per day. Other.
| n ENGLAND
showing greatly improved outlook
1t Is rumOred that Receiver Keim is anxious
TO resign as the president Of Reading. It is be'
| licved Gowen can succeed him IN 80 Inclined.
AT the opening there were evidences of ma
ripulaton and stocks were freely offered.
Louisyil lie and Nashville two weeks In No
yembcr, decreased $40, 100. Omaha, two weeks
In November, increased $500.
A philadelphia dispatch says. THE circui,
court has refused the petition of L. Il. Cover
ana the Reading aud Jersey Central board,
| asking that the receivers of Reading be ordered
to pay the Jersey Central dividend due Dec. /
on the ground that no decision has been made In
the Dinsmore case, and intlmating that such
decision may be expected soon"
The directors of the Northwestern will NEE,
early next week and declare the usual diyi
dcnd, 1t Is authoritntiyely stated that, not
withstanding the recent decrease In earnings
the company has earned oil its interest charge
and full dividend. This Is official.
The Chicago, Burlington and Quincy hai
declared dividend of 81 per share, payable
Dec. 10 The books close Nov. % and opeI
Dec. |.
A Philadelphia dispatch says the Pennsylva
mia railroad people say that when the annua
reports OF the cheap Chicago fare roads COM
to be made up they will show sharp losse
during September and october, the very bes
months of the year for passenger traffic.
| Woerishoher aud the Germans have Gould
short on the granger stocks. Gould is no
allowing his stocks advance to influence tn
rest OF the market
The suspicion grew this afternoon tina
Gould was depressing Union Pacific and West
ern Union to affect the general list In order +
pick up cheap stocks, or cover his short IN
terests In the grangers. Prices steadily d,
clined till 2 o'clock when slight rally improve
market a to u The bears made II Wild raj
on Rock Island ana the stock declined Il.
but officials of the road said there was nothin
to warrant the decline.
After the 2:l5 deliveries the selling move
ment increased Lake Shore was very weak
and the general list was at the lowest figure
of the day. The closing was decidedly veal
and the tone indicative OF u lower opening tc
| morrow.