, 1881-03-08
Il, preyious Pedestrian Records Boat
en- by the Englishmen, Rowell =
and Vaughan.
William H. Vanderbilt's Views on
the Subject OF Labor
and Capital.
IA 0onsidors Them Ooexistent, and Each
tho Creator Of tho Other
STREET GOSSIP.
NOtf1.tl.

sc<tta, Dt.pa,en to 1ht Chicago Tribune.
Srw Yo1.K, March e." Mr.. Gould Is
,,rty In being In Southwestern instead OF
Sorttweste1r,, this spring." said an opera tor
to.tlay. "The Northwestern roatts havu
hser blockadcd good purt OF
iha time for three months. md the
iosxcs will, It is said, sweep
nway ~ tho Ianuary md February earnings.
In the Southwest all is serene. There Is no
,now and uo trouble; earnings arc lticrcas-
,ne aud Iron Mountain affords shin
inv contrast to St. paat In the np-
parent ease of working tho road.
Nr. t;ould's confident prediction OF n
orr,t snrtng rise l1ns, no doubt, boon basel
n,r,ly upon the knowledge TINT his Soutl,-
wostcrn roads would make sllowt1,.. this
anr,n,,, which would Justify enough, alvnt1ce
To giye touo to tic entire market,
rltE FORTHCOMING CONSOLIDATION
Will reduce working EXPENSES aud help 10
draw nearer tic day Of dividends concerning
which sUnclo l,ufus is prpno 10 make merry,
hut which may not be SO very rumoto after
aILn
nn,,,r coA1, FAMINE
..,ho ,vo.t ,,as h,I oood ntfact unon t,,o
roal stocks." sald a'l operator. he coal
scarcity everywhere mems to tho coal
,omuaulrs n rootl demand. md to
tha cooI rooIa lnrrc rnrrytnr
Wv eu'.a 'n,, ioaas T., ~ &,.s.,'.,,..'',
!laae lho peopso ~ nAo o.. 'o.an"Sn n,,a VI.
furnish lareo dema1tl TUG coming seaso1l'
It Is safe to prodlct that t1ln conl dealers,
with tho cxpcrie,,ccs Of tie past winter in
mind viii mt in larea stocks the coming
sn.,ror a,',, ttts ,,,Iti Laa,, tho ,,or,ori ,noi
summer. al'u alis WIN kvep t'o uel''u''" soo'&
until late ih tho season."
CANADA.
1tts rcpnrted TINT mn nRrccu,cnt for tho
consolidation ~ ti,a f,ron,f 'jsrn,,t nnl Great
Western s Railroads o. $50 Of Cana canaia ,,as been made.
Ind Tint o stockholders meeting upon
tha subject Is soon to be held. 1t
ID said that Sir Edward Wntkin, MI
rnoIis1, cn,,i,o,,at 1.roalv ,ntnrnstc,l r.,
me Etlo anu Atlahlae ofcas
Western, Is 10 be made President Of tho COLI
solhlatcd lines, while Col. Gray, Mt 1.esent
President Of the Great Western, is to DO
yleepres'icnt, and Capt. Tyler, now rresl,
Manager. Two prominent firms Of bankers in
the city aro understood to llnye agrecd to
nnsgoilAte ~! tho new mortgage Of tho Dulfai3',
aasong rl.aSiafg western Kalafoau. iney Wlit
tSs to spos9 o Tug ent,te 1f
arrangement to excllnngo SOME Of tl!e out
stans,ng securities Of tho Company for tho
asW boads.
ON THE STOCK EXCHANGE
Tho speculation openpd generally jlru1, most
Of tho !uaijing shares Showing mi niyu,Icn n,
Tue closlnr n,,ntatims of Sntnrtinr.
Prices aGyatcetf sfcatiiit ti,rEnv tho morili1,g'
but, shortly beforu nou,. the market bccaN]t:
tomswhnt dcpresseti. n,,d Il fractionaI reac-
!on enslct| DurIt,t: tho nftcrilo0fl. how
fri an @ 'pEt Got nga. , tnoE ~ tbn ~ ir;t ipMa;
q higher quotations until tfter the Second
oioafd, When theEnpr0yen,enti III prices ranged
,!oH to3. Northern Pacific. Loutsyillo Il
hSasMyll!e, Sasol Iron Mountain, Western union.
!LAcile 3ia1tt and Denver u Rio EFal.dc lead-
ias n tllo adyancc. ShoxtIy bofore tho closo
i. uus!ness to hardening teiidency ot tls
iaonetofy situation, coupled with REPORTS OF
iiaaIGely-uccreascd earnings Of several OF tile
tsau tsau'ng ilIies OF rnIlrnntts, caused n rather
aee sellllE movement, which resulted III
shatp decline. in values. st. Paul soll-
Hs on y Northwestern ~, ReatllnE ~,
TnSer vTsnSer d Rio t;ra,le IN. Nashville Il
S!aa!Iiatlooga w w, Western Union AlM North
g.. St! iaclflo each ), aud tic remainder Ut tho
Ast 4 to TX.
TIE MAl,KEr CLOSED WEAK
It tho decline. Tho ,,,nnrv 1norEnt worlptt
easily JprlM, tbn sr.atar ,,r,in, ~ tho .;nv
1t sal twr c.Ht fnr xii to.,,x e1u M y ~,
pledge III stncl cnj,ot"r"l .t ~ T., ti,o III
lata ttui,nws .n',11,,,- o"t, ,.,',,ns, ~ a.o