National Republican., 1884-09-16
THE MARK ETS.
The Cool Weather Bringing Traders Back to
Town nut Failing 10 Hold Up Prlces-Thc
Baltimore Quotations.

Town nut Failing 10 Hold Up Prlces-The
Baltimore Quotations.
NEW YoRK, Sept i5--The cooler weather
brought many Wall street absentoes to town.
Vanderbilt arrived Saturday, and yesterday
the bulls were confidently predicting higher
prices.
larger short interest was shown by the In
creased borrowing demand Saturday, for Dele
ware and Lackawanna, the grangers, and
Uuion Pacific, and higher rate for New York
Central, was expected to-day on the closing OF
the books.
The Gould following and Mr.. Morgan told
their friends if nothing unusually unfavora-
bic happened the general list would be higher
this week, and they are especially sanguino
about Western Union and Union Pacific. Tho
Boston bulls on Union Pacific say Adams has
reduced the operating expenses 100000 per
annum without detriment TO the carrying
capacity of the company, The Paclllc mail
bulls claim this company has a 100000 in rs
treasury, and the next dividend may be ~
instead Of IA. The Panama canal work is be-
ing pushed very rapidly, and this helps tho
| Pacific mail business.
Cammaok says the grain and corn crops aro
| good enough, but Wall street requires two
| crops OF confidence.
The bears on Saturday offered to wager that
| tho coal combination would bread before the
end OF the year and that coal would drop 81
per ton this fall Several bets were made,
schepp offered to put up big money that tho
81. Paul dividend would be less than 8h per
| cent, but when takers appeared he couldn't
| nnd his man u Mr.. Easton, n director OF 81
Paul now In New York, says 80 per cent. will
surely be declared as usual.
story Is circulated that Travers, who ha,
bet $1,000 on Cleveland, is hedging
| The room traders are generally bearish or
1 the grangers and Vanderbilts, and II was re
ported that sales Is these stocks had been mad,
Tor tho Gould interest. This was discredited.
Tho Exchange place sold Oregon and Trans
atlantic, and arc also largely short Of Union
| Pacific
Philadelphia advices report bullish feel
| ing on Jersey Central, and Vanderbilt has dis
posed of his holdings taken up for Reading
account but the latter report Is not believed.
| inc market opened irregular, the Wander
pitts ffactlonally lower, aud the grangers =
higher, upon limited transactions. The bear
made drive at Delaware and Hudson on re
ports of trouble In the coal pool, and sool
hammered the price down to SiA The open
ing was 00A. Lackawanna and Reading dc
elined l9toM, respectively, on similar reports
other active stocks suffered "a to "a decline.
During the afternoon the trading dragged AM
prices sagged steadily. At2oc clock Lackawann
was ~ below the opening, Delaware and Hud
son u, Missouri Pacific 1, northwestern ~
Lake Shore "a, Western Union "a New Yorl
Central "a The bears circulated many rumor
affecting banks and trust companies. Al
were officially denied by the officers interested
Alter o'clock the market improved slightly
but the general feeling was bearish, and tn
bulls seem to have lost heart. The closin
tone was weak at nearly tho lowest figures c
the day.
Quotations Of Mondays Stock Sales.