, 1881-01-13

Tia ,vos,or,, r1,tn,, ,,'a '.,,,,,,. ,,,,,,, .o.
rcuct.f h,. h,s r,,,,,nw ,,nr,, ~ ,,,,,, ,"sar.
tv hia n,,n,un1",i,s .rhnw , ,,n,a ',r' ,,"n,,
in mst,io,, T., r,,o,., J., '.so ,,,a n,ee,. vea.
n'orkrt. nf ,v1,t.,, ;i,av ~ nor" ,s ,2I.,' SI,"
mi ndxuntoro T%,o o,,1., ,tat,,,, so u. "N1a ~
,lrn] hny" I"nn i'm ,u''',,, @ ,s ,,.,;, ~ .o .i'
.l.ny,, ,in,,,.,, tt";r .,nr,.,''n, 'I ;.,,,s w."
atns ~, xt'orns o,',s ' ~. ,.ao, "n' "'". ~
,tinnv hovc hum, nr.,,,,,r,," t,,,,,, ~
ri" ,,use,n ,r.a,",,,, ~ t"1n.s.o.,,, s'sy a,';,
wns brp,,,, In tha io,;rr mr., - Nn,,.,,,,a. ~"
bv Mt va,,i.rhtt ,.l,o rn,, % t,,o ~ s,''. w.
fron .l,n,,t ,,nr r., ,,,i,% y, ' ''''N WI
'' ''''.. ~ s"' IT,, - =, 'ua' ,,,,, ~, ~ ,
,yh,ch In, iii nj ,ho ,v,,, ,,.,,,,,' -. m
snw i'm ,,rs,,,,,,1,,r. H., s,... H.. IT, 40 a.o
making fr,r u severe a1nl rrotrnct,,, cn,unr,f.
lin,, Fu1u No tho stack wns cnrr,,,ti 1nwn
so1l,e II uuiuts hy f,nut,l,s shnri so,aa
Thu speculative movement Inv ,1or,nnnt fnr r,
few tnys, Int assumed acttytiy by thn so,e ~
one block Ut n, ,oCD shares o,, n sim,lar oution
nt 1s THE street was ,uystl,lct ns to thu mr.
,,ort OF tho trnnsnct!uns, but auecu!aiors
generally wcrc induced to mt ant hroyv
lines Of s!,orty. Fro,n this point the stock
began Ia advance, u1u immense trnnsact}o,s
WIRE thu or,ier ot tho slay. 1'hcrs il lIttie
doubt hut tint
GOULD AND vAyprntrrr
l,ayc 1,cen acting IN epncert In the huviur
movement nltt,ouEh IT In believed TINT f,nui
Is By far the largest buyer. ns ho unt,rurs
To have sIfctntctl tin srtttmrnt NJ
to-t1ay. 4 week ago tha xtncf, ,yos
selling IN tho ucisllborhoo} oY NO, nm1
at this writing llc stock ID o,,ntc,f nt tth,
VIII nioeRs ot io.uDo shares anu thoreabo,lts
te't'R on Tie market. Tho stock
Was nrtiEicinlly depressed ut first
W sa!es on rcpoftr'l sa!cs owned
~ Mf. 'ahaefoast nMl other numbers t,f the
D'ree'ory' ana "i1at tleso stories failed IN
was accomplished by a largo reduction of
rates ai'a reports OF n determination OIL both
Sides TO wage
A BITTER WAR
Of competition. When tic Drice was sufIl-
clently low those iii tic secret t,era,, tn h,,v.
until the consequent advances alarmed tlm
street, and tilcn the consolidation tot,k n)are.
To-day tho 1ealIngs reached 1r,,v0O shares
Of Western UMiol,, i, 900 shares Of AtIanttc
& pnctflc Telegraph, aud $500 shares uf
American Union. The market was very
excited. Western Unto,A tluutuntctl lu.-
tween to- uni l01, closing Mt 1N,1<66107.
American Union iluctuuted between S0tt
mid o., closing Mt % to v3K, and Atlnntic
IL l'nELtE t(ltEtll1tEu between 40tk ut1i1 45A
closing ut 45,1G145s{,
4 MEETING OF THE srocw1ro1nrus
OF tho Atlantic IL Pacific Telrrrnnt f,om.
pnny hus been called for Saturday. Fol,
&, to discuss an ugrecment for thu aoin
Ut the franchises and nro,,ertv of fin
company tn ti,e Western ITninn Com,,on,.
Tiusp Interested In tho mnvn,,,e,,s nf ta,a.
graph stocks. wnet,tor for Investment ~
speculation, will naturally nsk wl,at vItl sa,
tic effect OF
THIS VAST CONGRATULATIONS
VIII It mt i,e the urcl,,ni,arv IN r, ,a,v o,,,,-
sitiun line? In rcferr,'cn r. t,fs ,u,t =
prominent official If tl,c Wcstnrn I1,ion sn.,
today TINT n,Iuther trtrvro,,l lima ~ Ill. t,,Is
rnI,,trv Ia M im,,oa.,Iiit., .rh, ,t,,a. 80
operattnn cnyrr Mi the t,rn~,,s 49,, ~
# il veil knn,yn flat iios nn,str,,o,o'; ""a
fran thc rn;lrno,, nut IT,, v" ,',,.a,, '"ns ~,
mnjntonanco tn anoh1a tho, s" :" ,taiI ~
- nrt,Gt IN ro'sns., o s"1n ~. ~ ste"
nf i'm cnnsnlt,1ott", r. ,yos ~ stot"n 49,.
there wontI hn IN ,1tt,,o1,t, iH n r,,. s""s q.
,.ost ,,nr co,,t ~, t,,a .',,,;ro a,.si 80 s,n ~
oD0. .00o. without imnnsin~ nr"ro,,s rat"., aoS,