National Republican., 1884-01-16
THE MARKETS.
Another Tumble in West Shore Bonds
Yesterday,
The Market Generally Weak and Buyers
Holding on.
Specidl Dispatch.

Special Dispatch.
NEW YoRK, Jan. 15.-Tho market opened
very weak, and declined rapidly. st. Paul
and West Shores led the decline. Western
Union soon broke, and the whole list rapidly
demoralized, until about 1 p. m, when
fractional rally set in, lasting half an hour,
when decline again began.
At 2:15 the market was at lowest cbb, with
st. Paul and West Shores again leading the
drop.
An application for receiver for the On
tario and Western was tho principal boar
point used.
Long and short selling we're apparently at
about even. t..
Stock are plentiful in tho loan room, al
though there is an increased supply.
In bonds West Shores opened at 55( and
went down to ola. Eric seconds weak on
large sales.
Vanderbilt and coal stocks have beon very
steady, and higher in more cases than yestor-
day.
The principal business to-day was in st.
Paul Oregon Ttanscontinental, Union Pa
cihc Western Union, Lake Shore, and Mis-
souri, Pacific.
The bears declare that tho Vanderbilt party
were almost entirely uuloaded aud out of the
market, which they began selling as soon rs
they found Gould was bc!lish, and the Van
derblts are not buying anything back at
present. The bears likewise claim that this
country had entirely lost its foreign grain
market for this year by sustaining high
prices against the whole world.
Cammack left here yesterday at 3 o'clock
p. IN. for Washington, and he is said to have
covered nearly all shorts before leaving. He
is expected to return tomorrow
There is authority for the statement that
hot
Alton, Rock Island, and Northwestern roads
are virtually ended, and Commissioner Fink
has adviCes to this effect.
The early weakness in wheat was on SELL
ing February on exhausted margins. January
shorts in oats booming the market. Adams,
Crawd & Walker selling wheat at Chicago.
Bloom covered yesterday.
c. NJ. Jordan has written to the West Shore
directors the following letter:
10 TRUSTEES OF PREFERED STOCK HELD AS PER
AGREEMENT-G Gentlemen: hereby notify you not
to give your proxies or vote to perpe!uate present
hoard OF directors of the ontario and Western, so
far as they are elected by vote without personal
ATTENDANCE at such meeting aud a due oXamina-
tion of affairs of that company and further notify
you that |, as holder of the preferred stock rep
resented by you and such other persons as may be
represented by me, will hold you personally re-
spOnsible for any action taken in this matter
which shall result in any damage or loss to myself
or those whom represent, or to the company OF
which am treasure.
President Winslow, of the Ontario and
Western, says he has not heard any applica-
tion for receiver for the Ontario and Western
except the rumor current on the street.
Chicago EUenng Post special says the
outlook for an amicable settlement of the
Northwestern railroad troubles is better now
than at any time during the past fortnight
President Winslow says Mr.. Jordan is al
employe of the Ontario and Western com,
pany aud has been president; that fear o.
losing his position has mado Jordan an in
terested party to create dissension.
Sales to-day aggregated 456,272 shares, in
Guiding Delaware. Lackawanna and Western
25,700 Erie, 27,70O; Lake ShOre, 81 ,30O Lou
isville and Nashville, 1850; Missouri Pacific
1l,600 Memphis and Charleston, 600 North
western, 5000; New Jersey Central, zoo; New
York Central, $780, Ontario and Western, II,
GEO; Reading, 11,700; st. Paul, $500; TexR
Pacific, 5000; Union Pacific, G3;l0D;s Westert
Union, 19,500; Oregon Transcontinental, 55,
400; Northern Pacific preferred, G,100.- ar. =
.... STOCKS ttt9 ..-,--
The following are the opening, highest
lowest, and closing prices of the principa
stocks for the day, as corrected by special wir
reports received by Bateman & Co., bankers
No. 1411 Il street northwest