The evening world., 1888-09-11
GOSSIP OF THE EXCHANGES.

VI ihlesb bHtCulhllNt COUOluHluOu Ou hHt SNOOh
Exchange IL called tho South Side bear party, It's
most prominent members being South Side Long
islanders VINO, while bold aud daring room-traders,
havo not the power TO Jump on the stock market
with that duh, sicEenlne tnud OF which Mr.. Addison
Cammack alone Ia capable. This combination IL
known also as the anti.Ilollins party, because Billy
Breese, has a grievance growing out OF that old
Ike Shore deal, which everybody knows all
about, and alleges that he was basely deceived
by Hollins and thereby lost heavily on the bull
side OF this stock. For several weeks past Mr..
Hollins has been a bull. stocks have gone up and
he and his friends have made a pc; of money. TINS
aroused Brcese's ire-in fact, the mere sight of the
genial, smiling Vanderbilt broker has been known
TO excite MIR. Brc SEES anger to au unVovernable
state. lie made up MS mind to give Hollins q tus-
sic III the stock market. PHI Minis, Sam Walsh,
they assailed the market day after day, but they
could not hammer 1t down or force the Holllns
party TO sci out. Their WI IN anu their loss ;
were great. There WAS a great buying power some
where which absorncd everyuody's offerings, M
Guiding theirs. Perhaps MIR. Harry nollins Knows
atcd. At all events, the street thinks there Ia a
lauoh somewhere, aud 1t isn't on the Breese side
OF the ieuce either.
When his partner, Douglass Green, returns from
Europe, Commodore A. L. Bateman will 20 abroad
for a little recreation.
The grain brokers are happy. Commissions are
more plentiful than for months and the price OF
memberships Is gradually approaching the ~, 900
mark.
Stock Exchange seats are increasing In value
constantly and are now worth S., 900 more than
they sold for at the beginning OF the year. The
price Is about So, 100.
Comment has been excited by the Increase in the
dealings III petroleum at the New York Stock Ex-
CHANCE In Havnral nnnuaInna nf tnfa TIM Iauta
volume OF business has exceeded that at the Con-
solidated Exchange. 1t Is not unusual nowadays
for the brokers IN me big board TO trade in a million
barrels OF more In n single day. THIS IL u feather In
me caps OF the brokers who fought to have pipe
Inc certlhcates listed at the stock Exchange.
charles Hudson, w. G.. Dominick, Frank Whit
neld and o.ner brokers who nave oil departments
in their ofices cay that certificate speculation ID
regarded with growing favor.
Activity, b~uoyancy and large dealings have been
the rule In both oil boards recently. There Is a
bull movement in the certificate market. The pub
lie Is told every day u good zeal about the strong
=" position" OF the nuid, and statistics
galore are widely disseminated. But II is believed
the attempts 10 induce outside buying have been
futile. The public stands albof. II cannot see
the fun nor yet The pront in buying oil after 1t has
risen 20 cents q barrel. az 1t has done within q COM
paratiVely brief period. Mr.. Livingston Roe, the
representative Of the Standard Company In the
NoubOlluhltu EACnange, mas bcen u conspicuous
bull and was an enormous buyer at the low prices
OF W weeks ago. Many believe that he has been
working in the Standard peoples interest, VINO
have for years "milked" the market, az the
phrase is, until there 10 not a trader in the oil ring
OF the Consolidated Board who has not in his day
been plucked by them.
For the benefit OF the uninltlated It is proper to
say that the high prices for oil are based upon a
combine " In the oil regions similar to that W hich
for years regulated the production OF coal, and
which still practically regulates anthracite mining.
On Nov. 1, 1887, was started by the oil producers
OF Pennsylvania a shutdown movement which out
of the production from their wells for q year.
Something had to be done to keep mp the price OF
crude petroleum, and the policy Of restriction was
resorted to. This shutdown movement will end
Nov. !. 1t is known that the producers have met
at Bradford, Pa. but no one here claims to know
what was done at that meeting. The producers
conduct their meetings on the star-cnamber prin-
ciple. They never furnish Information 10 anybody
least OF all to the press. That their "
has existed Tor almost n year without Legislative
interference Is ia some. mems opinions a sufficient
tribute TO the power OF Doodle when employed TO
persuade Pennsylvania legislators. 1t is under
stood that the restriction agreement will be con-
tinued, as IL semi-ofiicially announced, In "a new
form" This means that the producers-again fol-
loving IN the footsteps OF the anthracite coal
uarons-wili by Informal arrangement regulate the
production after Nov. l.. This is what 10 called IA
'.privale understandings" and corporations that
have tried 1.-THE coal comuanies Tor instance
have found II a highly satisfactory substitute for
the combination system. In fact, II beats the lat
ter unlawful system all hollow, because II can't DO
investigated by prylng Legislative committees.
Some OF the brokers and operators who returned
from their summer vacations with the beginning
of September left their families in tho country to
enjoy the autumn. Nj. CaInmack has not opened
his city residence, but Is living at the Windsor
Hotel while his family are rusticating. James Low,
The veteran STOCK generator ana ufV-Unnua mar
chant, his retained TO the Windsor for lhe winter.
j. klTkner, after a long rest, returned to the moor
OF the stock Exchange yesterday, and Eddie Is.
Talcott, brown and bullish, Is also back.
..
A powerfully built young man, with enormous
biceps, a voluminous chest, indicating great lung
power; swelling calves, and a gOod-looking, sun
burnt face, with a reddish mLstache, stood In
front OF the Consolidated Exchange yesterday. He
had the physique OF a heavyweight pugllist and
the unmistakaole air Of a gentleman. lie was
Samuel hiorris Pryor, the head Of a young but
enterprising Consolidated commission house.
There are any number of ambitious. strong-imbed
young men In the Consolidated Exchange. Hugh
and Harry Toler, sons OF a prominent New York
liquor merchant, are good types OF this class. These
boys could have become members OF their fathers
1rm, but they preferred to make their own way
and they have managed to build up a good-paying
past year OF two.
For n Home for German immigrants.
A large meeting OF German Roman Catholics
was held last night in the Cooper Union In aid Of