National Republican. (Washington City (D.C.)) 1872-1888, 1884-11-19
THE MARK ETS.


Healthier LOOK Thhn AT ANY limo before
In Mouths-Thc Expected Bear Movement
Did Not Matcrlailzo.
NEW YORK, Nov. 1s.-Promlnent stock com.
mission houses claiming to be unparalleled in
opinion declare that the stock market posi-.
lively exhibits stronger appearance and a
healthier look than ut any time before In
seven months, and they advise customers
against selling short Some Of the traders said
| that the singular manipulation of Union Pa
oinc yesterday indicated that Gould was
| liquldating In this stock In advance OF tho
meeting Of democratic congress, a. Hun
| tingtOn had in Central Pacific stock. Othcr
| believed that the Union Pacific deal was for
purpose Of inducing larger short Interest IN
was regarded as mysterious, and nobody OK.
uCtly understood II.
II was calculated that Gould sold about
! 10000 shares OF Union Pacific, and Morgan
Thought that he had made q big bluudor in so
doing. The Windsor bears didn't turn mp last
night, and Il was reported they had aconier-
enCo with the leaders. Camnack admits he Is
short of Union Pacific, and says he intends to
stay so until the stock breaks sharply.
Loaning rates New York Central SCI TO
| l-l6, Union Pacific l-32, Erie seconds LIS,
Delaware and lackawanna l.Gl, Northwestern,
81. Paul, Chicago, burlington and Quincy,
| Western Union, West Shore, Lake Shore, Erie
| Nat, others unchanged.
Stocks Powers & stephens bought 10000
/ NtNl 1nOTt hbUOhs INC htlitlt Mtlt l'olll-
nick & d., souler & Kcppler. and Sanction.
WoCrishOiler bought from Powers 4 stephens
Il put on 1000 New York Central this morning
ut 50 for tho remainder OF the year for per
| cent.
Philadelphia dispatch says the Reading
receivers arc still determined not 10 give their
consent 10 tho Jersey Central dividend.
Scalpcrs are selling Chicago tickets this
morning below So, but each cut now hastens
| the inevitable settlement.
II Is stated that Il large amount Of new Ger.
| tifcatcs of Union Pacific and Western Union
| appeared In the deliveries yesterday, and II Is
regarded as significant and confirming boar
| stories of inside selling
The room traders, Including Bell, Kirkuer,
and Johns, were bullug tho market Elliott
| bearing IL, and Offering Lake Shore and New
York Central. Other brokers in New York
Central say strong Is buying this stock, but
cannot be traced.
1t is reported in the board that the North
western earningswil show but ga, 900 decrease
tomorrow
The market opened u to u higher, except
for Union Pacific, which was unchanged.
Union Pacific aud Western Union for ind ca
tons on Gould's intentions on the market.
Elliott began selling Union Pacific In large
lots and the price cropped IN few min
tent of q, ST. Paul y, Northwest |, other'
fraotionnlly. Sustaining orders rallied tho
market slowly, and the raids ended. Finally
Gould sent the details of an interview to al
the news agencies, explaining that he haC
sold Union Pacific at 5lX to sly but h
bought this stock at II to ~ oil til,
breaks during election week; further, he hold
10000 shares of Union Pacific us q perinanen
Investment But he had not sold a shire 0
Western Union, and defed any one to prove 4
the contrary. This declaration restored conf
denco somewhat in the stocks mentioned, bu
there was an uneasy feeling which almos
strangled business. At noon prices were,
decline on Union Pacific from opening; othc
stocks fructionally higher.
During the afternoon very little was done
The closing showed about best prices of tn,
day, except In Union Pacific, and the tOno wa
rather inclined to firmness, with indications 0
higher prices tomorrow.
Quotations OF Tuesdays Stock Sales.
The following have been furnished by Batt
man Il Co., bankers, 1Ill Il street, being tn
most nctiy We stocks In the New York exchange.
ora Huh LDtg Cha SIL9i