Daily globe., 1882-03-23

very easily eltner way auu AO Ouo Cdu VIII
certainty foreshadow It's movement. Half q
million gold, packed for shipment, was with
drawn yesterday, security bills having been
obtained. There are rumors OF a new arrange
ment between Pacific Mail and the Pacific
| roads.
AFTERNOON REPORT.
Money per cent. Prime mercantile
paper 500 per cent. Bar silver at S1.134.
Sterling exchange steady at $4,S5sl long,
1851 sight.
GOvernments-Unchang
State Securities Dali and irregular.
Bonds-Railroad bonds irregular.
Stocks-After II o'clock the market was
moderately active and prices advanced Is to
~ per cent, Michigan Central, Wabash, st.
Louis & Pacific common and preferred, Texas
Pacific, Western Union Telegraph and Louis
vile & Nashville being most conspicuous in
the upward movement. Skies extended, 101;
fives, 1881; four and halfs, 11477ss; fours,
11S1S; Pacific skies of '95, 126.
EVENING REPORT.
Money 4@6 per cent, closing offered at 4
per cent. Prime mercantile paper 5@6 per
cent. Sterling exchange, bankers bills steady
at S4.S6; do. tx. demand, s4.S91s.
Observation-Disclosures except for ex-
tended fves, which are 5Ss per cent. lower.
Bonds-Railread bonds irregular but in the
main higher.
State Securities Without feature except for
Tennessee mixed, which advanced u per cent.
from noon, and Louisiana consols, which are
unchanged.
Stocks-share speculation opened strong
and sol per cent. higher than yesterday S
closing prices, st. Paul s. Manitoba, Indiana,
Bloomington & Western and Richmond &
Danville leading in the advance. In the early
business fractional advance in the general
list was succeeded by decline OF 1s@1 per
cent, New Jersey Central and st. Paul & Oma-
| ha preferred leading therein. In the early
part of the afternoon the market became
higher and sold up a to g per cent, Denver
& Rio Grande, Wabash, ct. Louis & Pacific
| common and preferred, Lake Erie g. Western,
Michigan Central, New York Central and Can
ada Southern being most prominent in the up.
ward movement, but subsequently rise Of
B@12S per cent. was recorded, the latter for
Louisville q Nashville, while Richmond &
Danville fell off Q per cent. In the late deal
| ings this was followed by recovery of so
IL per cent, Wabash, St. Louis g. Pacific pre-
| ferred, Michigan Central and Denver & Rio
Grande leading therein. The market then b.
| came weak and decline of ll@l1a per cent.
took place again, Denver & Rio Grande lead
| ing. Wabash, st. Louis & Pacific preferred
and common, Michigan Central, Texas Pacific
and Delaware, Lackawanna & Western were
prominent, while New Jersey Central fell off
~ per cent, recovered q per cent. and react
ed IS per cent. at the close. The market closed
weak. Richmond & Danville, however, was
| an exception and advanced l per cert. in the
final dealings. The Euening Post having pub
| ilshed in an early edition that Jay Gould and
associates had secured majority OF the cap
ital stock Of the Mutual Union Telegraph
company, Geo. VIM. Ballou, identified with
that company from the start, sent word to the
Post contradicting the statement, and in proof
of his assertion cited the fact that the entire
share capital u00, 900 shares) is held in trust
The Post answers, 1--WE can only account for
the statement Of Ballou on the theory that he
may not yet know who are the real owners Of
certain lots Of Mutual Union Telegraph com.
pany stock. While Jay Gould personally
owned not over 25,000 shares of this com.
pany's stock, his associates own enough to
make total OF $1,000 shares, or majority OF
1900 shares" The Post also says: "It is un-
derstood, although we have been unable to OBJ.
tain explicit authority for the statement, that
negotiations are pending with the Baltimore &
Ohio Railroad Co. for the purpose OF bring
ing the telegraph lines owned by that com.
pany into harmonious relations with the West
ern Union Telegraph company, and that the
entry by the Baltimore & Ohio railroad into
New York over the Central Railroad of New
Jersey is one OF the subjects considered in the
negotiations with the Baltimore & Ohio peo-
pie. II these negotiations succeed the West
ern Union Telegraph company will have again
removed the only important obstacles to it's
practical control Of the telegraph business of
the country" The severe storms in the
Northwestern States had some influence on
stocks and roads in that section. In the last
hour prices were raided in very spirited man
ner. This was followed by a rally, during
which the market closed. However, the re-
suit of the fluctuations for the day was an ad-
vance OF A@2 per cent. in the active stocks,
the latter for Denver & Rio Gcaule, and ia
1875 per cent. in the speeialties, the latter for
Richmond & West Point. The future Of Tie
stock market hangs on the decision of the
large speculative capitalists who have brought
about the recent advance. They undoubtedly
have the power to advance prices more, but
whether that is their intention is net known,
although the surface indications are that such
is their purpose.
The transactions aggregated COG, 600 shares:
Canada Southern 500; Central Pacific 5000;
Delaware, Lackawanna q Western 40 coo; Del.
aware & Hudson 300; Denver & Rio Grande
$1,000; Erie "a 600; Missouri, Kansas & Texas
3S,0o0; Lake Shore 1900; Louisville s. Nash
vile 1900; Lake Erie s. Western 900;
Michigan Central 1900; Manhattan Elevated
10000; Missouri Pacific 15,oOO; Chicago &
Northwestern 5,700; New jersey Central
q, 600; New York Central 5000; Northern
Pacific 22 900; Ontario & Western 1890; Pa
cific Mail 19,000; Peoria, Decatur & Evansville
5000; Philadelphia & Reading 10000; Chi
cago, Milwaukee & st. Paul Il, 600; St. Paul
Il Omaha "a, 600; Texas Pacific g., 600; UnionA
Pacific $500; Wabash, st. Louis 81 Pacific
5000; Western Union Telegraph 1900;