Seattle daily post-intelligencer. [volume] (Seattle, W.T. [Wash.]) 1881-1888, 1884-05-03

ern Pacific preferred became very
strong, and under brisk purchases ad =
vanced from ~ To 81 Other active
shares rose TO per cen. ia sympathy
After p. 10. Union Pacific was heavily
pressed for sale, large blocks Of stock
coming on the market at declining
quotations The price broke ts 81.
and lI.5l6 shares changed hands. The
drop was due to the announcement of
the strike of the c,mpany's EMPLOYEES
against the reduction of wages. There
were evidences that New England vas
selling Central Pacific, and II dropped
from p14 to i6Y. Tue bears were of
ferInR the next dividend on this stock
At = per cent today. As IL IL unlawful
Tor members of the Stock Exchange TO
efier To buy or sell dividends on any
stock, the attention of the officials Of
the Exchange has been called TO the
matter and some action NAV ne taken
W course the continued sharp changes
brought about a decline OF Is toi per
cent IN the general list. When prices
were at the lowest. a rumor vas indus
trionsiy circulated that Leading firm
was IN trouble. This rumor Was not
confirmed, and as the shorts began to
cover, sharp rally took place. During
the last half hour of business, Northern
Paciilc and Oregon Transcontinental
snarss were more active than usual and
tne buying was of a good character
he market left off strong. Compared
with last nights closing. prices are
three per cent higher for Northern Pa
cihc preferred. !. for common. IA. for
oregon Iranscontinental, Il. FIR Den
vor. aud to for other active shares.
| tfax
Central Pacific ! and Pacific Mail IA.
The sherman Divorce Case.
NKw YORK, May 2.--The divorce suit
brought by Roger NJ. Sherman against
Florence She rnan, daughter of Govern
or Bagley, Of Michigan, was again III
the court. today on a motion 10 v,.cate
the order for the examination of certain
witnesses. The decision was reserved.
An Opinion on keene's Affairs.
SFw YORK. May "A broker who
should know said today: II cannot
tell you ANYTHING asOut keene's affairs.
because frankly | do not know any
thing. The fact Is keene Is working
hard trying to find out how he stands
When he can assure himself of the
amount, he will be in "a position to say
what he will do. ] believe he will settle
dollar for dsllar.'
strike OF Union Pacific Employees
OMAHA, May THE wages eff all EN-
ployees Of the Union Pacific Railway
have been reduced AZ follows Salaries
over $4,000. IL per cent: over 1900
l219 per cent: less than $1,000, 10 per
cent. Tonight the shop men met and
resolved not to go TO work until the old
wages are restored.
LATEB.-The Union Pacific working
inen At the mass meeting tonight de-
cided to strike against the reduction of
wages. The strike will be general all
over the Union Pacific lines. Tele-
grams received from Laramie. Denver.
Cheyenne and Evanston state that the
men At those places will go out tomor-
row. About 1900 will quit work in
Omah, tomorrow bes des workmen in
the shops. he switchmen, freight
handlers and brakemen and trackmen
will stri ke. All Is quiet SO far, and no
violent demonstration is expected.
OMAHA, May At the Union Pacific
shops tho brakemen, switchMen. train
men and freight handlers went out on
strike this morning against the ten
per cent reduction in wages. Ii ~ said
the strikers will prevent the departure
OF all trains, and If possible will block
ade the entire road. There are fully
1890 men out on the strike in Omaha
This afternoon there Is to be confer
ence betweeen committee of strikers
and Superintendent $. ii. Ii. Clark. 1t
Is not possible to foretell what the re-
suit may be. The strike is understood
to extend all over the Union Pacific
system on both the Union and Kansas
divisions. Mr.. Clark is not To he Seen.
being in distant part of the town.
The town is quiet and no disturbances
II anticipated.
THE UNION PACIFIC YIELDS.
OMAHA, May 2.-Ihis evening about
SIX clock, after consultation with and
orders from the Directors of the road;
General Manager 5. III. II. Clark issued
the following order:
Union Pacific CoMPANY's
GENERAL MANAsER's OFFICE.
Omaha, May 2, 1884.
Special notice To general superintend-
ents and herds of depart uents of the
Union Pacific Railway and operated
lines-lou are hereby authorized ana
instructed TO bulletin Immediately for
the information of all employees of the
company that the special notice from
this office, dated May lst. is recalled.
and that the wages existing prior To
May LIST ARE hereby restored.
5. II. II. CLARK,
General Manager.
The strike il. therefore. over. and all
work will be Resumed immediately.