New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1874-09-30

In this advance the remainder of the list scarcely
participated. aud weakened even when this stock
was freely selling at the top price. 1t then settled
down TO 70. with large business at every fraction
The fluctuations then for time confined &c
79GT9f. At about Ii o'clock this stock was again
taken vigorously in hand and rose steadily until it
reached s0t, this time lending strength to
the entire list, which. however, did not
rise beyond the mornings advance. The stocks
next to Lake Shore in strength were Pacific Mail,
Ohio and Mississippi, and Wabash. these being the
only stocks, except Lake Shore. which sold higher
to-day than they had in the past few days. The
movement in Lake Shore is said to have for its basis
the anticipated perhaps accomplished) success OF
the Company in increasing its debt some S2OO,OOO
by negotiation Of its bonds and payment OF
its floating debt with the proceeds. Erie was
particularly weak, selling from 37i last night and
96i to-day. down to "a. in response 20 drop IN the
London market of per cent from 342 to 32i react
ing later with rally in London, and closing at 35i
morning journal announces for the third fourth
time the successful negotiation in London of this
Company's bonds. If this time it prove to be true,
it would seem that the average English
Spectator fails to perceive the " immense
advantage" accruing to the stock from the success
ful retiring of one kind of Indebtedness say of
$4,000 100000, By the issue of another kind for
10000; and it Is perhaps unreasonable TO expect
the slow John Bull to have reached that fine point
IN financial education when it was only so recently
mastered by our own active spectators. From the
eccentric course of stocks it is believed that there
is a gigantic struggle going forward for control
of the market. Operators outside of the chques
seem very much befogged at the course of specula-
ton, and would hardly be surprised at any desper-
ate move that may be made any fine morning. AT
present, however, the bulls seem to be much the
stronger party and continue the tactics heretofore
noticed ia this column, of pushing forward two OF
three favorte stocks for short time then negiectng
these for Others for day or two and anon return
ing to their first love. The business of the day was
unusually large, the most active stocks having been
Lake Shore, of which over 100000 shares changed
hands; Erie, 5000; Western Union, 2s,6OO: Pacific
Mail 5000; Union Pacific, 20,00O st. Paul, 12OOO;
Ohio and Mississippi, 1900; Northwest. lO,7OO;
Wabash, 900; and c., c. and |. c., 1900. The
changes between the closing prices of yesterday and
those of to-day have been advance in Lake Shore
of Ii per cent; Pacific Mail, l; c. c. and l. G., !;
Wabash q Ohio and Mississippi and Central and
Hudson, each 3 Northwest, st. Paul, and New
Jersey Central each !. and decline in Erie of 2s
in st. Paul Preferred !, and in Rock Island, Union
Pacific and Hannibal and ST. Joseph, each t. west
ern Union Telegraph closed exactly as it did last
night. The general market closed strong. The
opening highest, lowest, and closing prices OF
active stocks sold to-day we're as follows: