National Republican., 1884-10-04
THE MARKETS.



New YORK. Oct S.--The bears looked for
lower prices this morning, Morgan said there
would be a sharp rally before the afternoons
closing, and that he knew Gould bought stocks
yesterday afternoon.
The raid on Jersey Central was attributed to
Cammack and Woerishoner, but only small
lots of long stock were shaken nut. This party
appear TO have obtained some bad news about
the coal stock and they believe Gould ana his
friends marketed large amounts of stocks OF all
Kinds within n few days in the absence OF u
settlement OF the trunk line differences. This
bear party say the Grand Trunk very rcluct-
nntly accepted the arbitrator DECISION on
the sale condition that the road shall haNo the
right TO make counter claims In the future and
settle balances only by arbltrators. The theory
of the bears therefore Is that II fresh quarrel is
due In about thirty days,
IL was suspected that the Woerishoiier'Cam-
mack crowd would probably raid the grangors
1t was estimated that the Northwestern road
would show loss of sl30,O00 during the -FOUR
weeks, and the 81. Paul comparative de-
crease of $4,000.
The Rock Island people deny the Times re-
ports of cutting rates. and say there will be no
trouble in passenger matters west OF Chicago.
II. r. Flower, Osborn, Bloodgood, Morgan,
and John Shaw were generally bullish last
night, and 1t was reported that all bought
noon. woerisiq8r,, ddhf8lrk bpd Bcn Car.
yer were together last eJeinhs and Il was
rumored that Cammack was about to take an
active part on the bear side, but he appeared
to be rather Indifferent about trading
Commissioner Fink has ordered east bound
freights advanced o cents more tomorrow, aud
all the roads have agreed to II.
Baltimore and Ohio railroad officials here
claim TO have no knowledge of the alleged I'm.
pending action by stockholders against the
telegraph company, and say that the telegraph
company has only built lines according to
charter.
London dispatch says. The London Stand.
drds financial article says II Is reported the
| Spanish government will negotiate u loan oi
s25 600 600 from Paris bankers TO assist the Cuban
| treasury aud S5,0O0,0O0 already loaned to meet
| stringent demands.
To-day trading in stocks was extremely
\ dull. The sales from the opening until moor
| aggregated 5000 shares; Northwestern. Union
Paciilc, 81. Paul, New York Central, Lax,
| shore, Laokawanna preferred, aud Missouri
Pacific furnished over 10000 of this, at very
narrow changes. Tho opening was fraction.
ally lower and continued featurelcss from
| start to finish, the closing being, If anything
| tho dullcst portion of the days work, anC
| prices about a lower than tho opening Yer!
little change is expected In toinorrows mar
| ket.
LONDON. Oct. 3--At the meeting of the hold
| exchange to-day for the purpose of forming
| protective association, a committee consisting
| oil members of the stock exchange was ap
| pointed TO inquire as to the best means TO ~
| cure the object in vicw They were INSTRUCTED
| 10 report at q subsequent meeting.
| Quotations OF Fridays stock sales.
The following have been furnished by Bate
| man d Co., bankers, 14l1 street, being the
most active stocks In the New York exchange: