National Republican. (Washington City (D.C.)) 1872-1888, 1884-09-04
THE MARKET
Stocks Dull and Irregular-Actlvity in Some
Shares, B----ssusiness Generally Light.

ShNiehs W. buhlnbAh NtnefhiiI biHhE
New York, Sept. 9.-Tho stock market
was dull and irregular to-day. In the early
dealings speculation was strong especially for
The Changers, which rose IA per cent. for
Northwest to 9g]E, and "a for S. Paul TO s2Is.
subsequently the market weakened aud North
west dropped to g6l4 The other active shares
declined ITO per cent IN sympathy, Near the
rlose there was n little mole activity and the
market advanced sharply for some stocks The
lirangets, Gew York Central, Louisville and
Nashville and Western Union were most CON
spicuous IN the rise business was light, oper-
Mors ovincing disposition TO walt until the
corn crop Is assured.
Room traders were tslking bearsh yesterday
evening and some brokers expressed the opin-
ION that the bears would retain the advantage
80 long rs there was no organized opposition,
small traders say they are buying on the
there are not many long stocks Offering and
nc short interest Is very large, The selling Of
new York Central on long options Is continued
~ the bears, who nro said 10 be short OF a
large amount already.
Tho BloOdgood party believe Union Pacific
VIII sell at 10 within six months.
The alleged irregularity in the Pullman Pal
ACC Car company Chicago office, which the
bears made so much capital about yesterday,
only amounts to few hundred dollars EN-.
bezzlemont.
=. The railroad people say mono of the trunk
ines nave openly announced reduced rates
ior tickets and there will probably be no
change until Sept % In the northwestern traf.
NC association, rs that is the date the North.
vest GcsIe r, company has given for Withdrawing
There was a meeting Of the Manhattan Fle.
waited directors Only formal business was
Tho feeling is quite bcarish on Delaware and
inckawanna, and severe bear attack is
threatened.
,Chicago's special this morning SAYS there is
apsorbing interest In the weather, and the
G Ina OF corn escaping the frost. Ohio and
indiana Is suffering from frost.
> V. White claims to be doing little. lie
does not anticipate any great fluctuations this
week; Cammack talks confidently of gen.
and tells his friends to sell out their stocks and
80 away. personally he Ia doing nothing
some OF the foreign banks have news of a
| proposed new deal In Western Union, and
| In II. "
, People largely Interested In the Bankers and
MerchantS Telegraph company claim that
great advantages will follow the purchase Of
the commercial stock ticker.
| Chicago dispatch says east bound freights
nre 1ecoming more unsettled, aud little effort
ID being made 10 secure tariffs
| cram was taken freely yesterday at 20 cents
| anu the ran Handle took 5000 tierces OF lard
alta cut of6 cents per 100 pounds
hhilroad earnings: st. Paul, fourth week In
August decrease sli,732 for month of August
Increase Increase s25.90oi Northwest, fourth week ii
| cEnN7tl tuNiruso month uCCreAhl
SiuS 100 one day less this year eQual to OF, 200
Ben Carver says that while he is bear OF
STOCKS Tor longput, he would not be surprised
| 70 see twist OF to points before SATURDAY
mght unless the bears stop selling short 81
A IChicago. dispatch says the affairs Of tn,
bankers aud Merchants Telegraph Compan,
l mere grow more complicated. Another at
tachment was taken out against the compan,
Yesterday 70 secure claim for 81, los for WORT
uohe LOT the company near Chicago. Unles
THIS be settled to-day the sheriff will levy.
loading commission house says the appar
ent decrease in st. Paul's earnings for tn
l9urth week in August Is liable TO misead /
should be remembered that there is one NOR
sunday In this years estimate than last, an
an analysis VIII show that they really earne,
| sLOOO increase each business day over the col
| responding week last year.
| Mr., Wadsworth of tho st, Paul company
states that the usual cash dividend will BIZ d,
clared about the 10Th instant. He says thG
the company has no floating debt, has a larg
surplus, and don't intend TO issue any NOR
bonds this year.
Il The Western Union Telegraph directors hav
| lust adjourned. The test offices for the wee
ending Aug. 80 show sc77,SsT; for the wee
ending Aug. 2S, Sl69,5S9, an increase OF IS, 90
| At Tuesdays meeting the executive commi
tee will recommend the regular "a per cen
dividend.