New-York tribune., 1875-02-02

for the control Of the Company at the coming elco
ton for new Board of Directors, While otheis "'
that there is no such contest The bulls seem " Nv
very confident of a further consideraDie "o'""S0
in the puce of this tat present. faVOri'o s'o'
and i'm addition to the advantage they eNpo0s "
gain from the election contest they say 'n"' IL HIS
more intrinsic merit than that OF any o'uor la"oy
upon the list and for confirmation VI t"ol' "P''o"'
refer IN be alleged facts that while there has been
= General falling off in both gross and net receipts
90 ,ho oyt nj most of the railroads of the country
,bis has improved both in the gross and net earn
;nos. that il is not likely for the next 10 or %
vears to have any serious competition, aud
can therefore maintain its rates for trans
narration, while its business must necessarily
increase and that its lands the sales of which con
tiuue 10 be very satisfactory in these dull ines'
what remains to be sold realize the average price OF
those already disposed Of will be sufficient to pay
of all its Indebtedness except the amount 0ue 10 "o
Government for the currency bonds lssued III l's w
half This is the rOsCcOlOred view taken ny VHo
bulls of the stock which leads and sustalns the mar
ket to day. On the other sde' tne oe'i
are disposed TO question the entire accuracy oil
the official reports of the Union Pacilc COMPANY
and aver that there Is q very heavy floating deD'
lurking somewhere of which the general pubic al
present tnoy nothing whatever. How well or Ill
founded these opinions and statements may be- IS
matter that interests those who may be ncilned 10
deal in the stock and they will be very hkely' Il
they be wise TO investigate and ascertain the 1actS
for themselves Union Pacific opened to-ua1
at 9s3 and before the regular call, on safes
Of about 1900 shares, went steadily at up 10 oJ at
the first board II sold up to 30 and back 10 oyi Oh
transactions amounting to about 1900 shares FROM
This time up TO D o'clock the price went mp to 81.
and back to 20. on transactions amounting to @SOoO
.gN.ro al Il hack
40 aud closed finally at 4O5. an advance Of per cent
from last Saturdays closing price. Pacific Mail
opened at S5l and sold at s.. G66s@S
on $500 shares. Western Union has been
second in activity 10 Union Pacific. 5000 shares
having been sold at 7ii 30. closing at "a. ROCK
Island exhibited considerable strength 1920 shares
having sold between 1885 and 1913 closing at lOi.,
buvcr three days. Wabash advanced from l5l, the
orcninc price TO G closing at rs, total transac-
tions Of 500 shares. y. Y Central was only q
shade better 100 shares having sold at lC2. al@5
q 200 shares of Northwestern changed hands al
442a45eQ45 and Of the Preferred stock zoo shares
were sold at 5Ss. 81. Paul also made an advance
from S73 10 SSs. reacting at the close 10 97s,
with sales of 800 shares Erie on transactions o.
only $500 shares sold NJ p, 2g3. Ohio and Misss-
sippi rose from 2i to 9S and closed at the highest
price Lake shore has been the only exception to
very strong market While il has been fairly active,
the sales amounting 4)J shares it has been weak
Opening a. ii advanced only T. declined to 74s,rose
again to az. and closed at ~. This exception to
the general course of the market the subject
very general remark. and no one seemed able to
satisfactorily account for 1t, particularly as the
Union Trust Company was to-day paylngits dividend
Of 3, per cent. The market. with this exception,
closed strong though not AZ the highest prices OF
the day The opening, highest, lowest, and closing
prices of active stocks sold to-day were as follows: