Wheeling register. [volume] (Wheeling, W. Va.) 1878-1935, 1882-03-23
p,u,o,D Bo,ps-Irregular. but in the

RAILROAD BosDs-Irregular: but IN the
| main higher.
cept for Tennessee mixed, which advanced
q per cent from noon, and LOUISIANA eoh-
soils, which are unchanged.
STocxs-Share speculation opened strong
and LCal per cent higher than yesterday
closing prices, st. Paul, Minnesota ana
Manitoba, Indiana, Bloomington ana
western and Richmond and Danville lead
ING in the advance. In the early business
a fractional advance in the general list was
succeeded by q decline OF %gl per cent;
New Jersey Central and Omaha preferred
leading therein. In the early part Oh tle
afternoon the market became stronger,
and sold ND \ to 81 per cent Denver and
Rio Grapde, Wabash common and prefer
red. Lake Erie and Western, Michigan Cen
trail New Jersey Central and Canada South
ern being most prominent in the upward
move, but subsequently reaction oil Hsg
1% per cent was recorded, the latter for
Louisville and Nashville, while Richmond
and Danyille fell off 2 per cent. In the late
dealings this was followed by recovery OF
L@lT per cent, Wabash preferred, Mlchl-
gan Central and Denver and klo urahue
leading therein. The market then became
weak. and decline of N@1H per cent took
place, in which Denver and Rio Grande,
Wabash preferred and common, Michig gan
Central, Texas Pacific and Delaware, Lack
awanna and Western were prominent,
while New Jersey Central fell off "a per
cent, recovered q per cent, and reacted
y per cent. at the close. The market
closed weak. Richmond and Danyille,
however, was an exception, and advanced
l per cent. in final dealings. The Erenin9
Post having published in an early edition
that Jay Gould and his associates had
~
of the Mutual Union Telegraph
Company, George William Ballou, identified
with the company from the start, sent
word to the Post contradicting the state,
ment. and in proof of his assertion, cited
the fact that the entire share capital (lOo.-
600 shares) is held in trust. The PoS
answers: I'VE can only account for the
statement of Ballou on the theory that he
NAV not vet know who are the real owners
of certain lots of the Mutual Union Compa-
ny's stock, while Jay Gould personally
owned not over -, 900 shares OF the compa-
ny's stock His associates own enough to
make a total OF 50, 900 shares, or q majority
of 1000 shares.
The Post also says: 1t is understood, al
though we have been unable to obtain eX-
plicit authority for the statement, that ne
gotiatiOns are pending with the baltimore
and Ohio Railroad Company Tor the pur-
pose of bringing telegraph lines owned by
that company into harmonious relations
with the Western Union, and that entry by
the Baltimore and Ohio Railroad into New
York over the Central Railroad OF New Jer-
sew, is one of the subjects considered in ne
collation. with the Baltimore and Ohio peo-
pie. If these negotiations succeed, Western
Union will have again removed the only
important obstacle to its practical central
OF telegraph business of the country:
TRANSACTIONS 6OO0O0 shares. Western
Union. 10000.
The severe storms in the northwern States
had some influence on stocks OF roads in
that section In the last hour prices were
raded in q very spirited manner. This was
followed by rally, during the which the
market closed. The net result of tiuctua-
tons for the day was an advance OF q az
per cent. in active stocks, the latter for
Denver, and T@l3% per cent. in special
ties. the latter for Richmond and West
Point. The future of the stock market
hangs on the decision OF large Specul ative
capitalists who have brought about the re-
cent advances. They undoubtedly have
power to advance prices more but whether
that is their intention is not known, al
though surface indications are that such is
their purpose.