, 1881-03-29

are nctunlly on tho other aide. shouldn't
wonder II Alr. keono's friends would Hwcata
lttle before they gct out OF tho position III
which they find themselves to-tay. Review
Ing to-tlay's market, prominent operator
snys. "Atr. Canisnack was tho first to leave
tho bear slide. lln waB followed by Mr.
Kccne, alld sfr. Smith Is covering.
TIT: HEALS
evidently Baw, nt Inst. that this was no time
to attempt 10 break tho market. Ontsfin
business Ia prosperous, and the railroads
generally nre doing we'll. TIE Southwest
roads arc not oniy doing we'll. but are show
Ing every week an Increase of business of
from % to 100 per cent over the earnings Of tic
corresponding week. Inst week, witt, the
roads showing such improvement, tbs hears
hnyo little reason for crying down railfnRd
properties. twill be time enough for that
when tho railroads generally show falling
off Iii business.
THE OUTC1lr ABOUT had ctsors
has beel ralsed ~ much to tnilnencG the
price of wheat rs for Its effect up1il The stock
market. The fnct Is Mr.. Kecnc lIas gone
Into the grain market again, and is bnl1ing
whca. lie Is also bull In the pork mar
kct. Tho chances are that llu will come out
Wl,ero he did the last time. People do not
sympatiza with any Apecutator who puts up
tho price Of living, n1,d Mr. Kccnu will nako
himself unpopular II l!u goes worry far In
these spec,tlatEotls lie had better confine
himself to stocks."
ANOTHER OPERATOR,
who evidently was caught In tho twist OF
Western Union stock, snt,i: "afr. Wander
bits resignation looks very much like what
poker-p'ayers ca4 jumping tle game lie
was evidently way ahead on the cotlsoii-
datlon scheme, and, It seems. expressed his
intention to retire nbOut tho 1st Of Jiire,
anticipating, probably that, by that time, he
the establishment of everybody concerned,
liz RESIGNS about two months earlier. This
Is what poker-players call making Charlie
nlagne.' II Mr.. Vanderbilt, nftor he had
agreed to plny until o'clock In tho morning
had left nt 4 quarter to IL,
CAsHIS0 ALI. Ills CHIPS,
nobody IN tho party would ever play with
hin agaEn, especially rs In caused side
pnrtner Of his MI Sam Bargcr, 10 qntt the
game, too. 1t will be Interesting to see
whether Messrs. Jay Gould. Russell Sage,
Fred T.. Ames, Augustus Schul, Ifarrfso
Dnrkce, and tho rest of the players Will ever
again sit at tho same table with hinl." All
though the baiiSg o., Satartlay reported i
sSsa sSrpus s. 1cssrye & only S%S Il" s well
known TINT the gold already here Will noro
settlements. Indeed, ~ WIS .ant!ctpated
some weeks ago, those demands 1lnre proved
smaller this year than ever before, not be-
CAUSE the payments tn bo made are s,na!l. but
u tho country Is iarxe bty ndail precedent"
TIll; REGENT CHANGE: IN WESTERN UNION
was discussed quito extensively oil the street
to-day. ut was understood from the ilrst,"
sala an 1nsiaar. this noon, THAT Nj. Vamier-
bit would resiEM from the Directory as soop13
ns the consolidation WIS effected. 1le would
hayo resigned before hut for tho obstacles
thrown III tho way OF unto1l... Now that tho
econ,soldg9!tioi1 9!; y an aecomp1lsl1ed fact. ne
derbllt's Interest i'll Western Union has not
been lurEr for so,no time, although llo
llas great faith In tic future
viso lis frlends that tue stool; is Cheap. w $50
ME PREDICTS
that the earnings Of ths Company must bo
Erentcr each yenr tlinH during tho preceding
year, rs natural result of tho gr0wtl! of the
business ,of the country. | think thoru Is
pany viii b selling At 10 BY july. The be!,e,
Its Ut the consolidation will nppenr by TINT
tIMn In decreased expenses mud increased
earnings. % venture tlIe predlc!lon tllnt l ~
thIls l L0 " ASlEAN QASOi lFWIS WILL Dt
earning per cent dividends OH f. Increased
capital. md tho new stock will be taken
at par us t1tl Investment"
uEStA1.s.
The published statement tint Mr.. Wander
btlt Intends TO establish q new te!egrap!!
With Amson Singer as President;, excited
Green, of tho Western Union Company,
expressed .s' Y. t!.e :. utmost tn iIcTelnllty: Ms
Gail say with. tho greatest contldunco tint
there ts not u ahatlOW Of foundation for sucl,
. report, Gen: ,. Stager 81 res!Ened awhile aEo
seat In tho Yoard until 1t was wanted, b.
cnuse he dill mot wish entirely to sever his
connection With thu Company, III the servlce
ct which llo had been for NEARLY tllirty years.
Twice. lteforo Within three Or four years
Gen. StaKer
HAS OFFEND 1l1s RESIGNATION,
but he WAS prevailed on to withdraw It.
Lately II was uEaln otterosl,. under clrclnl.
ata'tces that lnade 1t impossible for the lsonrd
to refs9 to assspt nat the fof e
know that tho cnro OF his private affairs
IL ~ nn1lcll business as ten. Stager isn anxious
to look after; 1lc has = considerably prop
Sa q Is s7o@ns Cult t'i So ds S aSs sssef
would nut undertake. .such M enter-
priso eyen II Mr. Vanderbilt lind the
falntest Intention OF entering upon It.
Ames was cliosoa to Mr. .VnntlerhIt's place
ut Ills special request. Mr.. Vanderbilt said
soma time ngo. when fie spoke Of his tntentl-
ed rcsi1natior, that te should like very
much to lIaya. Mr.. AMles cll0son to
" tio yncancy. There Is l'o truth ln somo
tl0ns of Mr. Vanderbilt and Mr.. Burger Woro
Necessary to nlnko room for
REPRESENTATIVES, OF THE AMERICAN
UNION INTEREST.
Places were to 10 given to those only rs va
cHncles naturally occurred. The frat W.
Joncs J n" "i,u % liz. Goula Il w was HA' Elected A' IL
iIis. place. AFR. Twomb'y, resigned
a,lti wins succeeded by Zen.
Eckert. Ilussell Sago took the pIAce
Ut Chester A. Chap!n. who reslRnel, md
afturwarsl, on the resignation Of D. Q. Mllls.
Sidney Dillon Was elected. Now Mr.. AnIes
has become a member, III :AlF, YalMtvrbllt's
place. We hayc completed our agreement
With the American Untnn, but no onu waa
asked to leslgn to make way for thu now
DlIectnrs.n