New-York tribune., 1876-10-10
OFFICIAL pEPORT OF AMERICAN MINING BoAI
Opening II o'clock Cau.
Best6 Be'chcr
MONDAY. Oct. 9-P. NJ.

The principal feature Of the stock market to-day
was continuance Of last weeks programme-the
marking up of prices in search OF a market, that
may relieve present speculative holders of their
heavy loads. Disguise it may. the present con-
dition Of the stock market is of great danger.
Probably never in the history OF the Stock Exchauge
has so large an amount of stocks been carried on so
small margin at present. Money-lenders have
become educated to look upon present prices as low
basis. yet moments thought shows tha, for months
past the existing status has been sustained
only by the employment Of the most adrJit manip-
ulation that was ever practiced.
Lake Shore to-day assumed its old position in the
market and monopolized over 40 per cent Of all tie
transactions. It's opening price was 5s25, from
which il sold down to 57ll mp to IS, back to 57as;
again up to 80 and back to 57as. 1t quite eyi
dent that during all this time the clique were en-
dcayoring to SELL but that the market would taxa
but little stock; so the programme was changed and
the price quickly marked up to 80, where il Lett
ar the close, awaiting the development of the nor
row. The Improvement noticed in Central and HCd-
son and Rock Island was due 10 the manipulation
intended to aid the market for Lake Shore. Mich
igan Central, after opening at 4G, and selling
at 4t7s, closed at 459l. Tho ST. Pauls were
higher at 270s a 27li a 2S24 a 2Sl for the
common, and at JSL05Sl lsG59l20JS3i for the pre-
fe1rcd stock. Ii is estimated that the earnings Of
this company for the first week OF October Will
show a loss Of about SOS, 900 as compared with tho
same week of 1875. Tie North-Westerns, although
higher in the early trade did not hold and closed at
their lowest price. The common sold at IS G5s3s6
377s, and the preferred at G2a0G17s. The coal
shares were ormtic. Delaware, LackaWanEa AID
Western nuctuated frequently between 20 ts
opening G9os as its lowest 717s as its highest, and
Il as its last price Delaware and Hudson sold az
0saGGl2aG7l2 aud Ncw-Jerseay Central at
| 3Gll03Gle039l4a3s. Pacific Mail was higher
at 23. notwithstanding that the Sheriff
is awaiting the arrival at this port OF the companys
next steamer with a warrant for city taxes amount
| ing to about 100000. Western Union showed
new life and considerable activity, at 72072G0
723s. The market closed strong with prices vary
! ing from those OF Saturday as follows: Advances
c.. c. and /. c., Is; Union Pacific Morris and Essex
! and Hannibal and st. Joseph preferred, each L;
Wabash, st. Paul preferred Northwest, and Ere
each 3s; American Express, st. Paul, and Delaware
| Iackawanna and Western, each l2 u. S. Express
! Western Union, Hannibal and ST. Joseph, Pacific
! Mail and Rock Island each IS; Lake Shore, 81
| Wells, Fargo < Co., Illinois Central, Harlem, Cen
! tral and Hudson, and Consolidation Coal, each !;
Adams Express and Chicago and Alton preferred
each 1l2; New-Jersey Central Ia; and Chicago
! aud Alton, .. Declines-Mchigan Central, g;
Northwest preferred, IL Delaware and HudsoH'
| 10: and New-York and New-Hayen, per cent. lho
following table shows the
RANGE OF THE MARKET