New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-06-22
MONDAY. June 21-P, NJ

MONDAY, June ZIP. VI.
The Street has been taken by surprise to-day in
the strength of the general stock market and the
extraordinary advance in two or three specialties
and It seems TO be firmly believed by many brokers
and operators that we are see for while at least
a rising market though it is somewhat difficult to
find satisfactory reasons for such a movement out
side of the manipulatIons of operators and cliques
Bat the ma ority of the spectators bulls in feel
ing, whatever they may be temporarily from inter
est and hence il is easier other things being equal
to inaugurate and sustain bull movement than
one iii the opposite direction. However this
movement may eventuate, it must be admitted
that IL has met with rather brilliant snccess for
the first day. Indeed if the stock market of to-day
could be accepted rs the criterion, it would
If we could now congratulate the country upon hav
ing reached the end Of all its financial and be-
lieye it TO be about to enter upon a and perna
nent prosperity; for the operations of the day have
apparently developed n complete change Of front on
the part OF Of the leading spectators. The
chief feature of the day has been the sharp advance
in Pacific Mail Numerous rumOrs concerning the
successful negotiation for the funds needed BY the
Company. the sales of ships and additional subsi-
dies for mail service from various countries,
were freely circulated through the street,
all which, at present, lack confirmation,
but which at least served to brighten the
bears into covering their shorts at considerable
loss in many cases. if it did induce The purchase Of
long stock. Erie also exhibited marked degree of
strength near the close in rise to 144, against
12li no the opening. Western Union. excepting
when soon after the opening tho price was II, and
the clOse whel it was 737s has been weak all day.
Lake Shore has fuc.uated between 50l2 and GO3i,
without other feature. the total dealings at the
Stock Exchange amounted to 2G6,7OJ shares, OF
which 3 800 shares werc Western Union, ut 73l2
ex dividend l2073l J.. 0737s. gain
since Saturday OF 3 per cent; Atlantic and Pacific
Telegraph 100 shares, 23ls decline of iiper cent
Pacific Mail 81 800 shares at 3}li 3fl203fi 43j
G345,a3J l203J l. 33jai GjJ l2O3.l2 gam of
~ per cont Union Pacific, 3.2OO SHARES At 7340
74O7:;2s 737s "A gain of Il per cent; Atlantic and
Pacific Preferred, 200 shares ut 10 gain Of L per
cent Pacific of Missouri 100 shares ut 1913, gain
OK b per cent; Northwestern, 1000 shares ut 37G
37as a }G7s 137l2, 4 gain OF per cent? Preferred,
700 share, at g. la j00l99i gain Of = pr cent
Rockland 900 shares at 1O1si01O2i2, gain of -
per cent Wabash, 1,2O0 shares at 7lI17 1360
7ls OHIO and Mississippi, $500 shares at -'}is 70
a 23li. a gain of L. per cent Lake Shore, oS,40O
shares 1T 59ai 60sil3j9l20605s, gain of per
cent Eric, 1890 shares at 1870 1910 l27s@ 12l2
Q133,QI301tlt31i. no change: Central and tInd
son. 700 shares at 1O2ls0l02, decline OF Il per
cent st. Paul $500 shares at 1898 932ai0320
32e, gain Of Il per cent Preferred, 300 SHARES al
%, a gain Of 81 per cent Michigan Central, 200
shares at GJi2 jjli decline Of =. per cent l.
lnois Central 100 shares as 1918. i gain Of . per
cent, and OF Delaware, Lackawanna and Western,
800 shares at 49, gain OF - PER cent. The mar%ct
closed strong and on portion Of the list excited.
The opening highest. lowest and closing prices of
Ia sold tu-dav yvsr 1s fOllOWs.