New-York tribune., 1871-03-27
SATURDAY. March 25-r. II.

The stock market has been strong since the
opening, save "A mOmcntary reaction carly Ia tie day
and active and excited in certain prominent favortes
The cques doubtless been free purcbafcr whenever
the prices wavered III the slightest and thus established
very strong tone to tie market and advanced certain
specalties The expectation that money would be ac
tive and that an exceedingly uniayorahc bank state
ment would be the result Of the bank movement thls
week is believed 10 have deferred operators in many
instances from engaging in important ventures. The
removal Of tbs apprehension brought this class again
INTO the speculative arena, and prices have therefore,
felt the additional impetus rendered by important an
accession The market certainly under the control OF
few strong parties, and unless something row uniore
operates to their disadvantage, there are at present
no indications Of speedy break or permanently
lower quotations. until vigorous attempt be made to
realize the sharp by transfer Of stocks to Other
shoulders. The most buoyant features to-day were
Lake Shore, Northwest, st. Paul and Wabash. The
first named sold up 1Ot, and the expectation that
there will bc unusually active demand FOR proxies at
the next election he transfcr-bCoks close on the 81
prox) gives feeling of security 10 the anxious
shorts The recent activity and buOyancy In ths stock
have been at different times explained in various wGysby
the wise OF the street. and whatever may have been
the real cause, the Vanderbilt clique have taken pains to
quietly circulate the statement that extra scrip dy
dend Of 5000 600 about IA per cent? is to he made which
will increase the capital stock to {40Oo0o0, and that
the road is then go be leased 10 the Newiork
Central which corporation is f. guarantee peroen
the stockholders OF the Lake Shore Whether this will
be done remains to be cn; bat there doubt
whatever that present the Central clique desire the
public believe that such the programme. Tie rise
In the common stock OF the Chicago aud Northwestern
Railway and the steadness of the preferred stock Is
probably due TO the pervading ooIidecce among pur-
chasers at least, that the C0mpany5 next annual state
ment will show largely incroa net earnings and that
the dividends on the two classes OF stock viii be the
same. Hence they are gradually approaching each
other in price. In other shares features were ap
parent Rock Island met with quite rebuff early In the
day, and was forced back to III, but subsequently
the price vigorously pushed up 10 lls. This Com
pany announced 4 per cent dividend payable on the
I7th Of April Ohio ana Mississippi irIGcr, and not
withstandng the mysterious whsperings about II, ad
vanced from 4Gl TO 40. though S peculiar movements
are thought to betray the excuce OF an African In the
fence New-York Central stock an rip, and Reading.
were strong on small dealings Erie reacted !5
POI Union Pacific pressed back to ~, but later
acted Investment securities strong and miscella-
ncous shares dull while Adams Express 10 72 aud
United States 70 AZ. The following abio shows the
highest and lowest prices Of active stocks made to-day: