New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-03-23

:. A.. ,orooo,,ent of the recent railroad law
of Wisconsin so that according to the street gosSs
as il stands affords no relief to the ROADS, pc
a.; a. Il m,v-ard we can neither deny nor vouch
fr the trulh of the storyt is quite possible that
tho effect of the circulation of the report mas peeh W
increase the short interest in Northwestern 10 an
extent which will afford ample relief TO the speeu
atiye holders of the stock The transactions OIL tno
day have been large aggregaing 3o@4oO shares' anu
reflect q renewal Of speculative interest which seems
70 find its justification in the generally improved
outlook for the future of business all over the
country. Western Union, with q business OF 63'ooo
shares. opened AT 76. and sold at 76sa75 Q7727Gi@
76s, making gain for the day-that is from Satur-
DAVIS closing price-of per cent. Unofficial re-
ports from the officers of this Company show that
the business is largely increasing. and that inc re-
CENTS or earnings for March, from present appear
ances. will exceed those of last March from
$4,000 TO $4,000. If the transactions i'll the STOCK
of the Pacific Mail Steamship Company amounting
TO 1O5 900 shares to-day, may be taken as crite-
ron il would seem as if both professional operators
and the public had suddenly awakened to the 1act
that an advance in the rates for freight and passeh
gers, must prove of equal benefit to the steamships
as to the railroad. The T. NJ. stock opencd 'i,s
morning at $751; sold at 40, dropped to 39. from "n.on
point 1t rose steadily with scarcely Huc'u''io"
IN AIS reactng afterwards to AZ but finally CLOSING
at 414 or y per cent higher than on Saturday Al
meeting of the Board of Directors of the Company
today Mr. Rufus Hatch sent in bis reslsna''oh aS
managing director, but not as director. Inc oo"s'u
Grafton of Mr.. Hatch's resignation was postpono "
the next Meeting while that of Mr.. Gamble as sec
retary was accepted. Capt John Riley was eiecteu
n director to fill the place OF Mr.. Cotton,
and a committee appointed, consisting Oh
Mossrs Sidney Dillon Jay Gould, and George Scott,
IN reorganize not only the offices, but the entire
business OF the Company. which Is expected to re-
sult In a considerable reduction of expenses. Union
Pacific continues to respond to the reported large
increase in its earnings. There were to-day S6'5OO
shares of the stock sold at 52Q52l Q5 i6S3S~52s@
53 the closing price Of which is higher than Sat
urday's close. Northwestern, which opened strong
at 46, soon under heavy sales Cor reasons before
stated became weak and sold steadily down TO 49,.
reacting to Az, and closing at All, decline from
Saturday of IL per cent, The sales of this stock
amounted TO 4o1oo shares: OF the Preferred 2,9oo
shares were tah5n al oSa1G.. st. raul, with sales
of 500 shares was steady between 36s and 3D. The
Preferred sold OF 56l056. OF Wabash, 1900 shares
changed hands at l3.Gl3Ql9l 0l3s; 1880 shares Of
Ohio and Mississippi were taken at 21s a27l 27j G2H
ara Lake Shore, under a heavy covering of the
shorts sold to the extent Of p 200 shares at 04@
75t0742. ~ Y. Central 800 shares, brought 1000
10l The market closed firm for the favorite stocks,
and at q recovery for those which had been weak.
The opening, highest lowest, and closing prices of
active stocks sold today were as follows: