New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-09-06

the Northwest being only 307. 625 bushels out OF
total Of 293i ATS bushels for the month of August
this year. But it is worth considering what would
have been the course taken by that wheat brou ght
from the Southwest to Chicago If there had been
no water communication between Chicago and
New-York It's shortest rail route to the
Atlantic would have been TO Baltimore.
The increase at Toledo for the last six weeks we
showed to be 32O6 1896 bushels, 800 per cent over
the receipts of the corresponding time OF
1877 OF the total receipts of 4,69S,574
bushels, the great bulk was brought by
the Lake Shore and Wabash Railroads.
At Toledo, this wheat has left the rail and come
east by the lake at an average rate of about zig
cents per bushel to Buffalo. So far as the Wabash
Railroad is concerned ltsincreased tonnage OF about
800 per cent has been representedup to the end Of
the third week of August-by an increase IN gross
earnings of about 25 per cent
1t was surprise TO most New-Yorkers to learn
that the exports of wheat from Baltimore for the
five weeks ended August 81 were only 1s2,343
bushels less than the exports from New-York; the
quantities being 5,226,S39 bushels and 5,3S6,954
bushels. These figures are suggestive of what
might have happened if New-YOrk had been with
out interior water communications, and also of
what will occur after the close of inland naviga-
ton, if before that time the foreign demand for
paratve figures of the receipts at New.lork
and Baltimore even now are rather startling. New
York, with It's two railroads and canal and lake com
municatiOn received in six weeks 2l9. $40 bushels
of wheat while Baltimore, with only its One-hOrse"
railroad, received 5,3S6,934 bushels. Aside from
speculative considerations and the present or pros
pective effect of these facts prices at the Stock
Exchange these figures present TO the merchants of
New-YOrk problem of serious import. They show
that unless the policy of discrimination against
New-YOrk Is abandoned-if need bel asevere fight
between the New-YOTk railroads and the Pennsylya-
MIA and Baltimore and Ohio ROads-the commerce of
New-YOrk will suffer this Winter more than during
any previous one.
The stock market to-day opened strong, as repre-
seuted by the prices bid at tue opening and by the
persistency with which prices were still further adj
vanced during the morning hours. But aside from
the speculation in the Wisconsin stocks few persons
seemed to care whether the prices were up down.
The hgh-prced stocks to-day received special atten-
ton, and Central and Hudson, Chicago BurliDR-
ton and Quincy. and Rock Island were particularly
strong, although the transactions in them were I'M
important. The reported trading IN Lake Shore
rolled up to 49, 600 shares the stock opening at 67
and advancing to CTS. But the Operations-we re-
peat the expressed opinion Of majority of the few
were more openly fshy' than usual,
and the p1ce yielded TO 67ls at the close. The Han
niba and st. Joseph stocks continued to attract at
tenton, and rose to 16 for the common and to 40
for the preferred, but final sales at decline
of 81 and per cent respectively. The Wisconsin
stocks made no material Improvement from opening
Fl CURES, but remained comparatively steady until
late in the day. when under slight pressure to sell,
their prices declined from 81 10 135 per cent. The
coal stocks also exhibited a weak spot, which
most clearly shown by bid Of 53 for 5000 shares
of Delaware Lackawanna and Western made when
the price was Is higher. This not renewed all
the way down TO 81 at whlchprlce the STOCK closed
offered. Western Union, after remaining strong at
93S4 to %, was suddenly up to 944i without "A
sale between 81 and 94l2. Its closing price was
943s The market closed feyeTsh and unsettled
RANCE % THE STOCK MAGKFl-