The Dallas daily herald. [volume] (Dallas, Tex.) 1873-1887, 1885-03-24
THE BUSINESS BUDGET.
A sEouELA OF THE LATE svslKe.
several Important Falmres- had FeslIDg
Among Lace Maters- Irregular
Share market unioa P,sui1c
ana PacaRe Mail.
Tono OF the Stock Mart,,,.J

NHw YORK, Marcls Gs.-Governmerf
bonds strong, As rad AIS being u
higher;S y higher and Paciao G's of
1895 restored to l25 bids
State bonds quiet and shsd lower
for some issues.
The rallroa bond nlayhet was quiet
irregular, but in some cases dagidedly
lower The stock market was feyerish.
very irregular and active Tor
leading stocks ais day. Pliees
were Influenced largely by manipnla-
tors who circulated rumors. Wheaoon.
tradioted they were followed by others
equally potent for "A time, aud this node
OF manipulating was kept M untll,iate
In the afternoon. Pacific Mail led the
list both In point of activity aud the adj.
vance IN quotations. aud the price
moved persistently ny without any re-
gard TO the rest OF the market from near
tho opening, whGa IL sold M
47st b. the close at 52JS the highest
prices of the day, auda gain of az nor
cont, compared with she close of SatIr.
day. n report was started In tho morn.
ing that the Union PSeiiic company had
decided to withdraw its notice dlscon-
timing the subsidy 30 the Pacific Mail.
As tho executive Oilleers OF the Union
Pacific company are In Boston, no
speedy denial of this report cOuid be
had, and although Pacific Mail officials
frankly stated that they had re-.
coiVed no such intimatinn, and
further made the statement THAI they
would not consider such propositio1
II made, the report found many be.
llsFers. Whom denied by telegraph
from Boston, substantially tho same
statement, In n modified form, was
started, aud tha bail WAS thus kept roll.
Ing until the close of tho hoard. Tuis
evening Pacific Mail officials sAy thew
have not yet reCsived any communists
ton In regard To The matter
from the Union Pacific company. Total
sales OF Pacific Mail, 80 sos shares,
or over ~ per cent. of the DAVIS husi
noss of all stocks. Tho leading waak
stocks was ST. Paul, which oponed al
IOA, aud after quickly selling 40 TlH
dropped quickly 10 69lS, Rallied TO ~.
sold again ~ o0}5, and tloa back to T0,5
baioro noon. In the afternoon the stock
was less active ~ 7O4@70, until dilrlug
the last h0ur, when IL rallied to 7O9<, aold
again at iO& and tiually closed at 7Ols, "A
| loss OF "a per cont, With sales o. 62,7OO
shares. phore were no new da.
volopmeuls in regard TO the dividends
60 no declared this wUek NV the 81. Paul
COMPANY. Presidont Mitchell said late
this afternoon that the que. tion was MOI
decided. The directors meet here ON
Wedne. day. Tho ore K in ST. Paul had
n modified influence on Northwestern
which closed ~ loss Of n per cent. The
only other vorv notlve stlrks on the lisl
WAS Union Paciii which showed "a gtlu
ot2 per cent, Tho total sales of the four
stocks mentioned amounted u
~ 200 shares, leaving less than
/ llO,uO) shares i0r tho remainder of tha
list Western Union was Very uuIat,
! making gain, however, of "a per cont.
/ Nandefhilis were YER stJonI and dull.
/ Tho presidents OF trunk lines hold a
, muatlng ~ Commissioner FiuiIs Office
ihls aiteGnoon for iha purpose OF onu-
Sidering the present condition az bust
ness ON their lines and connections. the
result Of which was not known
hetora thu oinsiny 81 tho Stock
Exchange. Memphis n Charleston
was up j 90 80; Missouri Pacific was
por cent lower. QlN; Central Pacific wa,
mp q, W 3S3S; Northern Pacific preferred
was down ~ per cent, ~ ll5s; Klnsn,
~ Texas was = higher, at 1914, aud
FOX $ Pacific was q lower, a. lll6, oi
small sllp3. There was an advance IL
Consolidated Gas of AZ per cent, 10 $40
Lnuiaville & Nashville ~ up u. ~ 3lX
Omaha common Is down q, NJ 2i9i, au,
the preierrod IL = higher, at IS. Cen
tral, of Now Jersey, shows loss OF 3,
Per cont, a. 3iA.