New-York tribune., 1878-12-03
THIRD cALr-2:30 P. NJ.
MONDAY, Dec. 2-P. N.

Tho stock market to-day, after opening lower'waS
yacilating. and tho prices were sensitive 10 tle
changes in the gold premium. While gold was loO-2
hid stocks were weak; when gold was offered aI
1OOlo the prices Of stocks improved. And as the
day wore away and gold gradually declined TO
100Ii tho prices Of stocks steadily ADVANCED SO
that the last sales generally were at the best hges
of the day aud in few instances reached the prcesoi
Saturday From a Stock Exchange standpoint, INC
gold movement is regarded as total failure Nhhe
to-day as much as per cent a year was paid TO
carry gold the money market in the STOCK EX-
change was easy at 2l2 per cent But as 1t is evi-
dent that there las not vet been any effort made TO
uge gold TO affect the money market, it IS Ques-
tiopable how much of tO-day's apparent
weakness in the gold room Is due TO
mysterious manipulation. The recent purchasers
of gold seemingly have bought upward OF 9lu'OOO'-
600 of gold or nearly One-Eaf the gold In slght In
this city, outside of tho SuD1reasury. Ana as yet'
if the purchases were made with view oil WIN
drawing tue gold from the banks, and thus AFFECT
ing the stock market, the attempt to do tins mas
not even been made.
The promipent features Of to-days market were
the shares of the st. Paul and Northwestern Kali
roads with Lake Shore as third St. Paul common
rose from its lowest point 7s per cent and the
preferred 1lo per cent, with renewal OF
rumors that the earnings of tho company
for the fourth week of Noyember-the report
of which will be due on Wednesday,
will show an increase of over $2o,OOO over the
same week of 1877. In this connection it worthy
of remembrance that the fourth week of November
in 1877 produced only 1922, 900 gross earnings
against S241 900 for the first week Of The same
month, because of the Western mud blockade which
occurred at this last year Northwest common
sold at 4Ga0 4G12047sl and the preferred stock at
N-T-yr fafin
stocks are based upon a Forthcoming report of the
company'5 business for the last six months. The
earnings Of the company for to-day have failed to
reach us as we write probably because of the Storm
Lake Shore after lingering around the figures OF
6906S7sQ694 for the greater part OF the uay'
finally rose to 695s at which price it closed The
stocks named monOpOzed $1,000 shares out of the
days total transactions of 10000 shares.
The coal stocks furnished $4,000 shares of the
days business at irregular prices. Delaware Lack
awanna and Western sOldat 4Gl204os4G 45Se04G7s
0I65s This stock to-day made scarce for de-
livery so that as high as 1872 of per cent day was
paid for it's use Delaware and Hudson fell from 37l2
O35I but rallied to 81 Morris Essex sold at so
a79l4Q793a and Central of New-Jersey at 2SSsG
2Sla029 The remainder of the railroad list present.
cd no features wSrhy of notice, except Rock Island,
which advanced from IL to 49, and c. G. and l. c.,
which, on renewed reports of an early decision by
the United States Court in the company's favor
against the Pennsylvania Railroad advanced 6ls.
Western Union. after selling at 04l4904, rose to
05ss. and Pacific Mail continued weak at 14&. The
stock of the Sutro Tunnel Company to-day was
placed upon the list. The capital stock
is $40. 900, divided into 100000 shares
of $40 each, unaSSessabie. 1he mortgage
debt OF tho company now is 100000, due in 1891,
and the mortgage is limited to $2,OOO,OOO. The
stock opened at 405s per cent and advanced 10
ooh per cent.
lie market closed strong without excitement.
RANcR OF THE STOCK MARKET