New-York tribune., 1875-03-09

gradual Except when specially aided by the cover
ing of the shorts as to Indicate the steady puyhs
of new men in addition to the effect OF the maniBu-
lations of the professionals The proposed call OF
the Secretary Of the Treasury for $OOO0,OO0 per
cent bonds of the United States added new stlmt-
lls, under which prices made O further upward
turn, the rise being scarcely without an important
halt from the beginning up to the after
noon board. The market opened at prices gen.
orally shade higher than those of Saturday, ana
as we have already intimated, continued with slight
fluctuations to advance during the entire day.
Pacific Mail commenced at 3S9 and steadily advanced
without reaction of over per cent to 393 on trans
actions of 81 600 shares closing at S9s There were
81 200 shares of Western Union bought and sold be-
tween IS! and 76. the last sale being at 75I At 75i
there appeared to be quite contest the stock re-
naming at this figure for long time; but steady
and persistent buying finally absorbed all the stock
offered and it then quickly advanced. The borrow
ing demand for this stock indicates an increased
short interest Union Pacific with sales 900 shares,
advanced to Al from the opening price Of All and
closed at 4Gi. The dealings in Chicago and North
Western, amounting to only 5000 shares were
attended by less excitement than on Saturday. and
were subject to less violent fluctuations. The OPEN
ing price was 43l from which the stock quickly ad
vanced to AL on demand from few scattered
shorts; after which il sold back at 49,. and then
steadily advanced to AL at the close. The dealings
indicate that there still enough who disbeiieve
in the more favorable prospects of the Company TO
have increased the short account, rather than
that it has been diminished, by the few
purchases made for that account to-day. 1he Pre-
ferred stock with only 800 shares as the total sales
Of the day. advanced to So from 563, the first price,
or from 5j, the last price on Saturday This stock
is being bought by the same class Of foreigners who
were free sellers of it after it had suspended the
payment Of dividends Lake Shore opened ut 13s,
sold at 74073:U HIQ1Il. 1t will be observed that
this stock fails respond to the prevailing improve
ment as it was only until after the remainder Of the
list had made its final advance for the day that
il. in sympathy, rose above "A, and even then
failed to LOld the small advance of ! per
cent. and sold off per cent IL is quite
possible that the position of this Company in its
finances and the competition with which it has
already to contend on the South, and a new one
threatened soon on the North, may prevent this
stock from participating to any material extent III
te general advance which is taking place in the re-
mander of the list. We hear that the decrease III
earnings for the month of February compared with
February of last year SQ800O Wabash was fairly
active 1900 shares having been sold from IA to
Is. lj 1t appears as if the reason for the activity
and advance ia this stock within the past few days,
might find some more plausible explanation than
that of purchases for account Of connecting road
which has lately found it convenient to increase Its
bonded debt when it was paying dividend on It's
stock. Rock Island came to the front to-day. and
rapidy advanced from 104 to lost reacting to lOi,
but closing at l0i, with total sales for the day oi
IS OCO shares ST. L iul active than OF late,
II 800 shares having sold from 3isG 3jbQ 3js, aud
| LOO of the Preferred at 5i.05i. a5G Ohos were
comparatively quiet, only $500 shares having been
sold from 27a 7sd27s Erie neglected 3 100 shares
COMPRISING the total transactions at 215Q@1s. Han
| nibal and st. Joseph showed more activity III It's
advance than in amount of transactions 3,4Oo share
selling at 22i a 2i.a23l. The total sales OF the day
of all stocks were 2O740 shares. The close OF the
market was quiet and firm at about the hlghest
prices of the day. The sales of the day were very
fairly distributed as follows: Union Pacific f6, 400
shares: Western Union, 3l,20O; Pacific Mail, $1,000
Northwest, 2j.iQ0; Rcck Island, $4,000; Wabash
131OO: Lake Shore aud st. Paul, each ll5OO;
Ohio and Mississippi. $500; Erie, 2100 and
other stocks $3.50 shares The advance IN
prices from the closing quotations of Saturday was
as follows: Union Pacific %; Northwestern Pre-
ferred L; Northwestern Common, Wabash, and
Pacific Mall each Il Atlantic and Pacific Preferred
/: Ohio and Mississippi. Rock Island, and st. Paul.
each !; Hannibal and st. Joseph and Western
Union Telegraph, each :: Delaware Lackawanna
and Western, and Erie, each n. Y. Central, Har-
lcm and Lake Shore, each /; and Panama per
cent The opening, highest lowest and closing
prices OF active stocks sold to-day follows: