Morning journal and courier., 1882-08-15
NEW YORh.
Stocks on New York Exchanc,

SGOckS on NeSF Ork EXchanESs
 NEW YORK, Aug 1.-The week opened with strong tone to the sharp speculation and there was sharp advance in some of the northwestern properties which had favor able effect upon the list generally. This up ward movement was ledaby Northwest, ssthe preferred rising per cent. from the closing price on Saturday, to 172. and the common 4 per cent to 149 1.2. The quotations are the highest yet made for the preferred and within 1 per cent. of the highest for the con- mon. St. Paul, Minnesota and Manitoba was in point of adva" "ce suddenly rising per cent, to 145. Milwaukee and St. Paul sympathiz- ed with this impro yement and sold up to 124 7S. The remarkable strength of the stocks named attracted much attention and was the cause of no little comment. The coal roads were quite prominent and nearly allimproved, but Lackawanna was the feature, advancing Is per cent, to IA 3-8. Dela- ware and Hudson and Jersey Central followed with rise of 1a1 8 per cent. In the Trunk line shares Lake Shore and Michigan Central
 were notably strong, the former rising 1 per cent, to 116 Is, and the latter 1 IA per cent, to III. New York Central also ad
 vanced, but the advance was less marked.
 The rise in the Vanderbilt shares was due to orders to buy and bull prices from Saratoga.
 The Southwestern shares were all firmer and ] to per cent. higher than the closing quo
 tations of Saturday. The great advance in the Northwestern roads undoubtedly started the market on the upward turn to day and led to a more bullish feeling gen. erally, which was particularly notice able among the Vanderbilt following.
 After midday Northwestern preferred reached 13 per cent, and the remainder of the list Jag per cent. The feature of the market at the close was St. Paul and Omaha,
 which advanced on large transactions to A | for the common to 514 for the preferred
 l ,of% ;,& H.
 tional reaction from the highest point. The rise in Omaha was stimulated by the report that the road was to be leased to or amalga- mated with the Chicago and Northwestern. Some of the specialties were higher. Rich mond and West Point terminal rose to 66 and Ohio Central to 1sk. Richmond and Danville recovered to 12l, St. Paul, Minnesota and
 Manitoba rose to 1454, reacted to 143 and ral- lied to IA. All agree that higher prices will be in the future, but there is quite general disposition to look for some decline before any considerable advance begins. Operators whs are talking prices down are known to be absorbing stock, and when this is the case there is always jealousy lest one should get enough below another to enable him to sell out with undue advantage. It has been generally con- sidered keen market. Saratoga advices are 1 that Mir. Keene has united with the Wander blt party in bull movement. MT. Wander bilt is quoted as promising a considerable rise l in Lake Shore this week. which looks as little as though the advance might oatlast the af- | ternoon. The rise in Northwest was accom- panied by report that the company would pay the per cent cash on the stock and pay scrip on common, which has the merit of ! novelty if nothing more Gould's brokers are again predicting 8 rise in the Wabash and the Southwestern Seventy three is said l to be the figure for the Wabash this week. Robertson Put Up a Compromise.
 l NEW YORK, Aug. 14.-Thurlow Weed pro | poses 8 compromise candidate for Cover.
 nor of New York, to succeed Cornell, Collector l Robertson, on the ground that during thirty | years of judicial, legislative and Compression l al life there has never been an imputatior l against his personal or official character.
 l Death of Noted Cotton Merchant.
 1 NEW YORK, Aug. 14.-Mr. William H. Price
 who was identified with the cotton and to
 bacco trade for nearly quarter of 8 century,
 died yesterday at his residence, No. 4OS Wes | Twentieth street, aged fifty eight years. He
 was born in Hanover county, Virginia. Hi,
 fiji st business connection in this city was witl
 Patterson, Price & Co.,, tobacco merchant. ! on Front street, but he srbseq uently gave hil l attention almost exclusively to cotton, hi i firm being changed to March, Price & Go 1 Mir. Price's death resulted from pleuro- pneu
 monia. His funeral will take place at the
 Westminster Presbyterian church at sever
 o'clock to morrow evening. Three years agt
 he requested his wife, if he died, to have hi
 funeral at the late hour named, so that me chanles and working people could attend.