Sacramento daily record-union. [volume] (Sacramento [Calif.]) 1875-1891, 1883-08-17
New York slock Market.

new IOEA StOCA nAIACAs
NEw YORK, August 16sh.-Wall street,
1920 A M-Stocks have been strong and in
good demand since the opening. Prices are
low at to II above last night. At the close
Oregon Transcontinentsl, Northern Pa
cifc. Western Union and Southwestern were
the strongest shares. After 1880 there was
o slight pressure, and reaction took place.
This WAS followed by @ fractional rally, and
still later by decline which left prices TO
below tbs highest Of the morning. Western
Union led the downward movement, falling
from 74s to 72a
SECOND DIsPATCHl
NEW York, August 16.h-WalI street,
lsS0 P. N The most interesting feature in
share speculation since noon has been the
selling of Western Union stock, which has
ceciined to 72f against 74s in early dealings.
No new reasons are assigned for the break in
the stock. Professional bears ere conspicuous
sellers. The general market is firm and on
an sdvance, with freedom from disturbing
rumors.
THIRD DIsPATCH.I
New York, August 16th-Wall street,
lao P. M.-The reason given in the room for
the decline in Western Union is that promi-
nent dealer in privileges is selling stock
against bis puts. Another resson for the de-
cline in Western Union is that it is rumored
from Boston that a large loan on Western
UGion. Involving several millions, was called
in at that city today.
FOURTH DIsPATCHl
WALL STREET August 16.h-S P. NJ
Stocks were higher during the past hour, and
prices were the best OF tho day. Western
Union sold up to "a; Union Pacific, SO; ST.
Paul, to 102; Canada Pacific, SO; Central
Pacific, 67B. Western Union fell off to 73a
in agt hfrk =,
turned TO "a. Chicago, ST. Louis and Pitts.
burg ross TO 468. The market closed very
strong.
FIFTH DISPATCH.l
New YoRK, August 16lh.-Governmen
are firm. Brokers are in excellent spirits
over the strength shown by the leading
stocks. which have been violently agsailed
during the last few days. The early advance
Of Z lie to Sig, of Western Union TO 746, of
North PACING 10 AL. and Of Oregon and
Transcontinentsl to 665, is regarded as an In
diessior either that the public ere beginning
to buy freely. or that heavy holders of stocks
are determined TO sustain the market. A re.
port was circulated to the effect that JAY
Gould, Henry n. Smith and Vanderbiltis
sons had formed an aliiance, for tho purpose
Of sending up stocks. The stock market the
whole day presented a more natural and
healthtul appearance. The advance at the
opening was caused largely by the covering
Of shorts. After this abated, and the usual
reaction from such Immediate demands had
been experienced, the market became com
paratively dull, and from this was revival
by buying orders, not only local. but from
various parts OF the country, and from
Europe-ths latter chiefly from Amsterdam
snd Frankfort.
VIII He DO 1t?
BosToN, August 16th.-The Herald saws
Ii Aaokay shall decide to back the postal
telegraph with his monsy and his pluck, it is
safe 60 say that Jay Gould's trip around the
world will be postponed.
New YORK, August 16sh.-rhe World.
speaking of the election Of Maekay to a seat
in the Board OF Directors Of the Postal
Telegraph Union, says: The first step of
the Postal Telegraph Company will be to
stretch additional wires on the Chicago line.
Construction will not stop until the wires ex.
tend from Maine 20 California Il is stated
that among the new stockholders are Senator
Fair and William L. Roberts
Virginia Straight Republicans.
RICHMOND (Va.), August 16th.-The Re-
publican Straight Convention met yesterd Y.
The platform adopted favcrs strict adherence
to tbe Republican principles and protective
tariff ; indorses James e Blaine for Presi-
dent; condemns the action of the Admin
strstion in aiding General Malone in repudi-
stirg one-third Of the States debss; declares
that the power thus given to Malone has
been for the persecution Of lifelong Republi-
cans, and that the power given by tie Ad.
ministration 10 Malone makes him virtually
President OF the United States, as far as the
State OF Virginia is concerned. The plat
form also oppoFes mixed schools, faVors civil
service reform, and also honest enforcement
Of the recent Acts of Congress. It favors
the free ballot and an honest Court declares
the Republican party never advocated the
imposition OF q capitstion tax, aud that as
the Republican party of Virginia placed in
the State Constitution clauses for the estab-
lishment Of public frea schools. they should
be made mandatory; favors G just and equi-
table division of the school funds according
TO population, and concludes by expressing
unalterable opposition TO the one man power
in Virginia represented by Malone, and calls
the attention Of the Administration to tbs re-
suits of such system in other States.
An Ohio Crank Creates Sensation.
WASHINGTON, August 16sh.-Visitors at |
the Capitol yesterday morning were much |
startled by the loud words of a crank. He |
stationed himself in the Hall of Representa-
tives, and began to address an imaginary au |
dience. He was dressed fairly well, while an |
old aiocch bat wGs pulled down over bis eyes. |
In the midst of his discourse he read s letter |
from exPresident Hayes, promising him an |
Office, He grew noisy, and was finally es- |
corEed ous Of the building by policemen. In |
vessigation proved Hayes letter TO be gsnu |
inc. A gentleman who knew the crank said |
few years ago he was prosperous mer- !
chant Ia an interior town ia Ohio. One dag
be received letter from Hayes, inviting him |
to Washington. saying he would get Fin a |
position IN the Government SERVED. The |
unfortunate man sold cut his business and |
started for she capital. He danced attend |
ance on the White House for year, and then |
his money gave out. He never got the office, |
snd lost his mind from disappointment, |
When last seen lie was trying 20 enter into |
negotiations with some one to hire ball. |
He viii be sent back to Ohio.
scandalous Affair in Illinois.
CHICAGO, August 16sh-A portentious
scandal is published here this morning in the |
form of :. bill for divorce by Pleasant Hen
derson against his wife, charging her with |
having committed adultery with A. N. Craig, |
one Of the Justices of the Supreme Court Of |
Illinois. TIE parties to the scandal all reside |
near GsleshuIg, in this State. Accompany.
ing the bill for divorce is an sffidavit Of II
year.old son Of Henderson, wherein he swesrs |
he saw his mother and Justice Crsig in fla. |
granite delicto. 1t is related that the boy at. |
tempted TO shoot Craig, but was prevented by |
his mother. The husband also afiirrns that |
ais wife openly boosted of her criminallty
With the Justica before her husband and their |
two sons.
a Chinaman's Domestic Troubles.
CHICAGO. August 16th.-Charley Kee, an |
intelligent Chipaman, married g pretty young |
white girl cut Of Mission school in Phila- |
delphia few months ago. Kee is said to be
quite wealthy, having made large sum Of
monsy taking contracts for furnishing rail |
way ties for the Union Pacific Raiiroad. |
He adapted the American dress snd customs,
aud finally took an American wife. Re says
he treated her kindly. and bought her ali
sorts of handsome things. Yesterday he was
deeply grieved to find that the police had az
rested his wife in house Of i'll fame kept by
colored people. She snd Belle johnson, an.
other white girl, were ia the company Of two
colored men when the police rsided the place.
Etch one of the party was fined. The ILL.,
used Chinsman at first delared, with tears in
his eyes, that he would have nothing more to
do nth his efring wife, but afterwsrd paid
her fine, and walked away from the Court