Daily globe. [volume] (St. Paul, Minn.) 1878-1884, 1882-03-15

Oal q 3d. Joe pIeleTIe1, hOCuesCeI q { it1eUuIS
NorthernPacifc aud Illinois Central being mos
prominent in the advance. A general advance O.
S@lI per cent. in early business was followed
by decline of 1ldsp per cent, in which Rich
mond & Danville, New Jersey Central and
Missouri Pacific were most conspicuous
About II o'clock recovery Of I@1 per cent
was led by New Jersey Central, but the mar
ket subsequently became weaker and in the early
part of the afternoon fell off 1(9311s per cent,
Denver & Rio Grande, New Jersey Central.
Louisville & Nashville, Delaware, Lackawanna
& Western and Missouri Pacific being most
prominent in the decline, while Richmond &
Danville sold up to 102 and reacted per cent.
A recovery of 1l@1A per cent. then took
place, Delaware. Lackawana & Western, Den.
yer & Ric Grande, New Jersey Central and
Lake Shore being prominent therein, followed
by reaction of 1s@I per cent, in the gen.
eral list, and % per cent. In Denver & Rio
Grande. An advance of 1s@1A per cent,
Denver s. Rio Grande leading, was succeeded
il. the late dealings by decline of 1s@lI per
cent, the latter for New Jersey Central, while
Denver & Rio Grande sold down per cent. to
CS1t lI6 lONSSt pOlub III tnC NdY UCAuS pei
cent. lower than the highest point in the
morning. The market afterward advanced
k@1 per cent, Denver & Rio Grande, Della
ware & Hudson, Memphis & Charleston and
Missouri gacifc being prominent in the ad.
vance, while Louisville & Nashville and Rich.
mond & Danyille each fell off at the close.
The market closed irregular but generally
Tol>; ho do hDlo ~
notable for large purchases and the strong
support given to the leading stocks. One firm
of Vanderbilt brokers bought over $4,000
shares of Lake Shore. Gould bought 10000
OF Western Union Telegraph and another firm
it reported, had an order to take all the
Missouri Pacific; which was off cred.
This support of the leading stocks
gives color to the reports about an under
standing between leading spectators. Stocks
not included in the list for support like Dem
yer & Rio Grande, New Jersey Central and
Louisville & Nashville, were at times sold
without reference to price, and were made the
most of to demoralize the whole market, with
what result is shown from the fact that prices
as rule closed X@1 per cent. higher than
yesterday. Stocks which closed lower were
Denver & Rio Grande, ~ per cent, and New
jersey Central and Louisville s. Nashville,
NC each.
The Commercial Bulletin says: The bear
party, which has until lately had complete
bupers for all the Vanderbilt and Gould stocks
they wanted to sell, and at advancing prices
turned their attertion to stocks which have
no friends, like Denver d Rio Grande, New
Jersey Central and Louisville & Nashville.
These stocks they raided from time to time,
and with indifferent success, so far as creating
| general Generalization is concerned.
These stocks closed lower than yesterday,
| but other stocks were all higher. There was
an entire absence, says the Mail and Express,
| ''of that uneas1ness which has characterized
| the market for some time past. The showing
made by Gould yes terday, and the efforts now
| being made to punish those engaged in
circulating Wall street reports for purposes
damaging private and corporate credit had
very great effect and tended to restore conf.
dence. The governing committee Of the stock
measures may be taken by individuals, should
act promptly in the premises for their own
credit, even to the punishment of any men,
Der of the exchange who shall put afoat IN
| founded reports or rumors calculated to i'm
pair the credit of individuals, firms or insti-
tutlons. It is a notorious fact that of late
this minor business has been carried to ex-
| tremes and great depression engendered there
| on in securities at intervals, whereas all sur.
roundings of the general situation warranted
ard called for Improvement in values. There
is no time like the present to put an end to the
| pernicious operations Of rumor mongers, and
| we; trust the governing committee will give
this matter immediate attention.
The transactions aggregated sol 900 shares;
| Central Pacific IL, 900; Denver e. Rio Grande
| 10000; Louisville s. Nashville $4,000; Chi.
cago s. Northwestern 4,700; Ontario 6; West
ern 1850; st. Paul & Omaha 5000; Western
Union Telegraph $1,000; Erie $4,000; Michigan
Central $500; New Jersey Central %, 600
Pacific Mail 1 500; Texas Pacific $500; Hi.
nois Central S,4OO; Delaware, Lackawanna &
Western $4,000; Kansas & Texas 9,40O; Mem
phis & Charleston 1,400; New York Central
5000; Philadelphia g. Reading 5000; Union
Pacific $500; Rochester g.. Pittsburgh 1880;
Delaware & Hudson 2 ,100 Lake Shore 81 600;
Missouri Pacific $4,000; Northern Pacific 49,,
600; st. Paul $1,000; Wabash, st. Lo,lis& Pa
cifc 13, 1000; East Tennessee, Virginia & Georges
| 5000.