New-York tribune., 1878-10-04

80 Grain ls 10 cents per 100 pounds, OF y Genus
YORK Oh et ,,heat. This rate is nearly 4 cents per
nSI Ices than the latest quoted rate by lake OF
ur uu'H MT the statement shows how fictitious
cara h.on tbe heretofore quoted rates of 20 OF 80
D',.. mar 100 pounds. II is within the range OF
..hilites il not Of probabilities, that sooner OF
i.tsr even stock speeuatOrs may learn That during
1ha season of lake and canal navigation the KNOWN
tss bv water are better guide to the actnal rates
nv railroads than the published schedules made
only for the purpose of influencing the priees Oh
securities on the Stock Exchange.
The report of the Chicago Milwaukee and st.
panl Railroad Company of itseamrngs for the last
,reak Of September, and for the month of Septem-
her. shows that the talk of damaged and small
cron on its line, is something more than phantom
Az compared with 1877. 1,4S2 miles of road have
brouebt IN for the week $l92,5 less than ,4O2
miles brought in, and for the month $5Ol,S9S
less. Compared with the poor year OF 1910
the 4S2 miles of this year have earned only POL
100 more than eighty-two miles less earned ID 1870
The earnings per mile of road for the month OF sep
.ember were in 1870 $461, in 1877 $84l' ana III
1873 $450
Asto the earnings of the Northwestern Road noth-
3no is definitely known. because IL makes 10 onici
statements and such rumOrs as are hOating aronnu
are entlTelv untrustwOrthy. In this respect me St
Panl Company is a model worthy the einuIa1t.ohh ~
all other corporations WIN ia - Paul Com
many are furnished 10 the public on the thlIu M uas
sncceedinQ the end of the week. whether tne ehrn
ipgs show gam or loss heia.S and s. PanthcTe
seems so be growing disposition on the part o e4I %
fo frespass upon the sacred territory on Une
other and there undoubtedly Is much more OF tiubh
tban romance in the following dispatch to-day re-
ceived by Kiernan's Wall Street News bureau no'n
III ~ semiofically reported here that at the
recent meeting of the st. Paul directors heia IN IN
New-York authority was gwen fresleehS 90 i,n
and fine executive committee TO pulld IOU mles
of odditional road. Ii is claimed that TINS move
ment is for the purpose OF stTlkhg al9ta,r"1y Tan
blow at the Chicago and Northwestern COMPANY
for the construction Of branches now being Duit
Tbe known and probable financial troubles in
Great Britain to-day hadno appreelable efeGts upon
our markets unless they were reheetsa In VnS s.oP
ming of attempts to unload stocks, and the suDst'
tion of efforts to hold prices steady. Inc SJOek
market IN the main was dull, WIN Tue RteAtost
strength IN those stocks when p9SltlIely knVsn
eyenfs should have made heavy. FOR instance III
th gace of the large decline III the earnings Oh the
SF paul Company for the fourth week OF oeP-
tember. which indicates ISAiing m a 4a 81 smaller
ecc,rts Of grain at Milwaukee, the So Paui com
mon stock was about the strongest on the iSt, G"
ing only % below the opening & og faprsd Spr STOCK
,sas Sonallv sustained, selling at 6IoSa 0o'50oIU
IG1s STbe Northwest stocks, although showing 10
greater decline tor tRe P aqy sSS" Welded to lis on
small sales aud Chicago, burlington anu YuIh.{ w
1IIlo Inc coal stocks were fIetiul fathee than
feversh as If their holders were annoyed at nhulng
that the late advance had reduced the market lOr
them lnstead of having enlarged u peal e
attack on Western Union reduced It's prlee HOu
o7ls 10 947s, after which one ot lis PROMINENT
trends restored its price 10 So But seemingly the
damage which had been done was Dtyohd repair,
and lis final plice was 95Ss. The market closed IN
a doubtful way, which left the majority OF operat-
Ors uncertain whether 1t was strong OF weak
RANGE THE STOCK MARKKL