New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1888-10-25
CEs or PHILADELPHIA STOCKS
CONTINUING A DEPRESSING STRUGGLE.


The struggle to depress values at the Stock Ex-
change to-day was continued. While stock specu-
ators are thus engaged and using every conceiv-
able scheme, writing romances of ancient his
tory and resortng to inventions to Brighten
holders of contracts, il not the real hold
ers of stocks into selling, that the bears may
recoup their contracts before election day, the
Western papers are teemng with items telling Of
large traffic and buoyant times. We extract q
few items from The Omaha Republican of
October 20 which were not written for digestion
ut the New-YOrlI Stock Exchange
The Union Pacific could 5000 moro cars than It.
has The Union Pacific has seraped every yard
between Omaha and ogden for all the rckey old outfits
that could be found and sent them the road. The
burlington Is simply pushed almost operating capacity
The Fremont Ekhorn and Missouri Valley (Norhwestern)
never before handled much traffic. Great activity
is noticed the Chicago, ST. Paul, Milwaukee and
Omaha. From everywhere come daily howls for
and the officials who handle these orders tearing
thei hair. The Western country is simply i1mmed full
OF freight This great business is not confined either
to cattle hogs grain The passenger travel Is
thing surprising. Every train east west bound has
al the coaches that and often engines haul
and they crowded the roof
The foregoing reads like fairy tale compared
with the dismal inventions for Wall Street crcu-
latlOn, and yet it is true. Concerning the much
talked about floating debt of the Burlington and
Quincy, one director says: 1 he floating dcbt is
s2.GOJ,OG0 or 5000 900 cash on hand and we
don't owe anything Another director says: We
have between 800 and 1000 miles OF road ILL.,
moftgaged.'
The bears" to-day devoted their attention to
the coal stocks. 1t was hardly kind in them to
mark the price of Delaware, Lackawanna and
Western OF from l40 5-s to 80 Ia after their
henchman, IN his notorious circular on Chicago
and NofthwC stern cited that company as one
among the fine and well-managcd properties
whose accounts kept in a conservative and
buslncsS-hke manner" and fail to mark the price
OF Chicago and Northwestern low il sold
Yesterday. But desperate situations do not permit
the feelings Of tools 10 enter into account Reading
also sold of to 81 7-S, and closed at 50.
London purchased at bottom figures some 10000
shares. The stores that accompanied the raid on
the coal ocks of reductions in the price of coal
were pronounced at headquarters as positive lies.
At times stocks in the general market were subject
10 attack. one at a time. and in the market
there is paices suffered some fractions of | per
cent? when the attack exhausted itself there were
no stO, ks for SALE and prices rallied without
effort. just before the close q general attack
made. resulting in the final prices generally
being something less than they were last evening.
But it IS interesting to note that Northwestern is
80 higher, ard only ii lower than il opened
yesterday morn ne. We shall venture to say that
the market closed Strong
THE DAY IN TIE BOND MARKET.
The Treasury purchased sll00 900 1-2s at
los -. The rejected Offers included lbs,
81 5000 at l27, $4,000 at 1928, $3.50 at
1913 a. S4S.410 at 1913 l-2, $500, 900 at 1913 rs,
- 900 at l29, aud S22l. $50 at 80 In the local
market $50, 900 were sold at the bidding figures.
Anne Xed the closing quotations: