New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1884-06-07
THE NEWS AT THE EXCHANGES.
MICH INTEREST IN THE DISPATCHES FROM CHI
c,c0- cuOr-TINc FOR RI AINF


CAGo-sHOUTING FOR BLAINE.
The news of the nomination was not received
until more than two after the closing OF the stock
VIGILANCE but the exhibition of interest on the part OF
the bankers and brokers during the paiiotmg
WAS universal and for time seemeo
10 crowd out the interest In business
great crowd was gathered front of the rostrm where
the telegraphc bulletins posted from the opening
"a the close of the Board, and every fresh dispatch
eaused connection on the floor. The figures OF the
frat and second ballots were the only ones
winch were known before adjournment, the third
ballot not having proceeded TO a Significant
poin M to three o'clock The result Of the two ballots
acted however Ikea stimulant on the trading. While
The figures of Banes gain rolling in nearly every
active stock on list took upward leap as the follow
ing memorandum of increases will show: western Union
from cole TO 81 New-York Central 1O4% to Jog;
Lake Shore siis TO s5ls Union Paclnc
45l2 10 46 Northwestern 100 To lVoi2 !;
f. Paul 49, to 74l4; Delaware, Lackawanna and West
ern lO2 to lO3s8 Louisville and Nashville 29 to 81
Missouri Pacific S4a7 TO s47s.
BUSINESS SUSPENDED AT TIE PRODUCE EXCHANGE
Business was entirely suspended at the Produce E1-
change upon the first announcement that the baoung
had begun, and the members crowded around the
blackboarls over the telegraph instruments
and impadently waited for the returns. They
appeared TO he divided their preferences the majority
beng favorable to President Arthur but large minority
were adherens of MI Blame The second choice OF all
was either Senator Hawey or Secretary Lincoln ana the
gain of one vote for the former on the second bao oe
yeoped an unmisakable desire that he should be Inc
,lceessful dark horse In the absence OF the
chance OF making any money In trading III
cereals or provisions many of the members gave their
attention TO Offering wagers the result OF the chicago
nomination There great cheering for faVote can
ddates when any gains over the previous ballots were
shown slaid and dignhed merchants mingled WIN the
younger members and Joined in the hearty cheering At
.11ot Tho
rousing cheers, followed by similar demonstration
IN The uart OF the Arthur who contented themselves
with Let's wait TIL the next ballot and see AlthUfs
gains
George C. Martin made a wager ofthe biggest orange"
he could find in the city, with john Truesde, that MI
Blaine would not have the largest number oil Votes OF
any Of the candidates the first ballot He was gwen
one days grace to ill his contract and will search the
fruit stores and markets to-day 10 time to haye special
meeting Of the Exchange called this afternoon
90 make the presentation. During the second oaLOt'
when il was announced that Blaine gains 14l2 votes,
three cheers were called for aud were given with will
"Tu take load Of for August" shouted member
but after waiting minutes he said: "Pshaw! nobody
wants 10 trade at present prices" Then dispatch
"Edmundss loss eight" when there was cry, 1.-THE ice
f. beginning TO melt; nobody gains but Blaine" The
announcement moment afterward that Arthurs Losses
and gains balance brought ont the suggestion that he
was short on month aud long on another" AT the
3l9 there was a rOusng cheer with: Blaines got It!
lurrah! No Ohio poultices this year" This was fol-
lowed by cheers for Lincoln aud Hawley." wagers
offered OF $50 to $40 against Arthur or Logan even
money Blaine aud ~ to s. on Lincoln and Hawley
the third ballot the announcement that Arthur had
gsined from Indiana caused great demOnstra-
uon, aud when Blaine reported TO have got two
votes from Arthur from the Indiana delegates there were
ringing cheers. When Michigan reported as having
given three votes TO Blaine there were
cheers followed by another enthusiastic Outburst upon
the announcement that Blaine gained four votes from
audf W. Nebraska.
sso9t Arthur is g99g TO pieces tne business h mem
eoatOns that Blaine viii be nominated ana IL was
followed by tunultuous cheers leading member ena,
shouted: I'm Democrat, but ia hHe 10 see biSlne
noniuated and elected too; mean It,, ana don't
you forget IT," Before the returns OF the iOurth
ballot began IN In detail, bulletin was posted
stating that Blaine s nominated which brought iorth
Tremendous cheering and then the members quickly
dispersed 70 their homes after making up pool OF about
twelve dollars for the telegraph operator who renamed
T. take the messages after the close OF the Exchange
IL THE PETROLEUM EXCHANGES.
Lively interest shown all day at the Petroleum E1-
changes the proceedings Of the convention they
reported by telegraph. AL OF the telegraph
panies kept bulletins posted at their Offices and small
groups kept around them all the time and sent
word Of any development to those whose
business detained them elsewhere the floor. At the
Eev.York Exchange the ballots chalked up black
board drew oHeokers than the boards which the
iscs OF the oil trade are daily posted In front Of the
Consolidated Exchange, In Broadway. telegraph
Spcumbrsnces for the first time. The
exchanges were closed before the 81 ne bsd
gone homo Not few however, fingered ate IN front
b the various places where the Chicago adyees were
bat out and when the result OF the fourth ballot was sn
kounced there were brokers who did not admit that
he election Of the nominee probable Even where the
personal desires OF the brokers were 10 sec Mr. arthur
Dominated, general satisfaction was expressed that no