New-York tribune., 1876-06-19
,.,. nnblin .hat tsleuaph companies with

,,u, and the public that telegraph companies with
e'io, rotes for messages during commercial de-
.,.ssion. are doing more prosperous pusi-
p than during the thriving years OF
soe, TO 1878; that railroads now make
.av in carrying freights at less thah
.-obalf cent per ton per mile, which, before iooo'
LII not pay interest on one-fourth their present
-. although theu receiving over two cents per
u, and that stocks must advance generally 10
',.h higher prices Perhaps they VIII, II the
'I..'nes continue to bid them up, though the
~.a.,;on Of unloading" at the advanced
oss 10 uite likely to be surrounded with difficult
- The week opened with a dull and depresSed
ling in the stock market, which being quickly
a,cope the motto of " Excelsior was adopted for
anoyal speculative list Lake Shore has led the
.n IN crest and amount of transactions, although
IN, advance of price. After selling at 53ls it
-, steadily advanced to 55@i, subsequently de-
- to 535s055 The clique in this stock seem
", 20 possess the confidence that marks the
's',.o w. Of the holders of St. Paul Preferred, who
a.ted the price from 69a4@6Sa4 to 72, and held 1t
~ a. the close The Common stock rose
,-,., ao039lo to 41os The "happy family in
ii. Western also made marked Improvement III
.na dealings in their speciality, and successfully
.,aaa the nominal price for the Common stock
- .,1,94Olo t. 426s, and of the Preferred from
a,,aeos, 10 64 81 and at t5e close did not offer to
N them below these prices. Michigan Central
ookes no gain in price on the transactions OF the
u,aek which we're unimportant; It's pree ranged
tOom 4sss047l4 S$40i70s04S. Erie was steady
during the whole week very light business at l4@
salo@l37a New-York Central, after selling at los
.,d 10j. recovered to 1oSle. The coal-carrying
,tocks were again depressed, more by the sales of
,salh,lders than by spectators. Central of New
Irg declined from SO to 76l2 ralying at the close
10 77lo Delaware Lackawauna and Western de-
slued from l07S4 to l06, closing with reaction OF
ouly l. per cent, while Delaware and Hudson Canal
soId from 40 to lO7sl. Western Union Telegraph
has attracted less attention than usual, and only
Nuctuaied between 6S12067ssaG9 and 6Sl206oos-
Atlantic and Pacific Telegraph, on only few transac-
tious. improved from 10 to lSl2. Pacific NAL
has had 2Iss for It's lowest 25ai for the
highest, and % for its last price. This stock
does not seem to advance so rapidly as the more
bopefu had anticipated at the time of it's capture by
IN, Park-Clydc party; but why the sanguine hopes
then anticipated since they were based mostly upon
the establishment of harmonious relations between
the Pacific Mail and the Panama Railroad Company,
have not been realized il little difficult to ul-
derstaud as it Is clear that reasonable amount OF
harmony has been organized between the Paclhe
Mail, Panama Railroad aud Panama Transit Com
panies by the dual Presidency of Mr. Clyde, and by
placing the legal department Of the three Companies
under the charge of gentleman who is director Ill
each aud at the same time counsel for one OF the
larg ST shareholders in the Panama Transit Com
pany Shareholders in Pacific Mail have right to
expect that with much harmony the affairs OF the
Company will be administered with exact justice
and il is to be hoped that this may be accomplished
under the management of Mr.. Clyde. private let
n -. Ln,xn NInff h..
change in the direction of Pacific Mail may result
fayorably to the interests of the Panama Railroad
Company The writer adds:
All are pravng for something restore the prosperity
of the lsthmus transit nc tue first VI the year one
WLari No A. has been partially rebuilt bat nothing else
deue Toe u q kmaster is ported having said within
few days that he lal counted GOO broken fas on Que
ctjo OF fonr miles aud he mad not much as one
raj with which repair and replace the defective ones
Six hundred rails would make about 5000 ieet OF roau
Do not doubt the truth OF the statement
The business of the week was small. aggregating
only about 81 1000, nearly one half of which was
confined to Lake Shore. Comparing tO-day's closing
prc,s with those of last Saturday, it will be seen
that the advances have been in Pittsburgh aud West
srn Union. each l.; ST. Joseph Common and Prefer
red New-York Central. and St. Lons, X. e. and N,
each y; Wabash IS; Lake Shore 81 Producers Petro-
eum s; Adams Express and Rock Island, each /; CHI
csgo and Alton aud Ii lrlem, each i2 st. Paul and
Northwestern, each 1os; st. Paul Preferred ZA2
Atlantic and Pacific Telegraph, ss and Missouri
pAc6c and Northwest Preferred, each ga per cent
Atlantic and Pacific Railroad Pr, ferred and Fort
Wayne, each declined ls; Erie, Illinois Central and
Pacific Mail, each Ii; Chicago and Alton Preferred
Michigan Central and Union Pacific, each l2; Welis
Fargo, 6s; st. LOUIS and Iron Mountain, and u y
Express, each s4 Delaware Lackawanna, and
Western, 1os; Chicago, Burlington and Quincy. Ia
Mariposa Preferred and Delaware and hudson
Canal each q Morris and Essex, 2ls; C., C., e. and
L,2l4; American Express, 3l2; N Y. and New-llaven
6; and N. j. Central, 5ss per cent The following
table shows the
WEEKLY RANGE oP PRICES