New-York tribune., 1879-05-27
-pIRp CAII.-2:30 O'CLOCK p. ".
MONDAY, May 26-P. NJ


Tho stock market to-day was afflicted with an
imitation mania. the cause of which was the passage
by the House of Representatives on Saturday OF
the mopstrosity known as the Warner Silver bill.
Hence the features that characterized the market
for the last two days of last week were obiterated
and in their place o buoyant and expectant tono
prevailed the influence Of which was reflected in
the advanced prices for nearly all the speculative
s.ocks The total transactions which amounted to
Ola Oso shares. were unusually well distributed, SO
that no one stock assumed undue prominence in the
snecnlatiop The granger stocks recovered all their
recent decline, and for the St. Pauls even higher
nrices preyailed the common selling up to and clos
ing at 5014 and the preferred at 9O's09oA Chl-
cago. st. Paul and Minneapolis recovered to 3o's,
and Northwest common to 63ss, although later drop
ming to 627s, and the preferred TO 9o'sG9o4.
The trunk lines shares were not quito as rampaho
as some of tho others, but were hrm, ana Lake
sbo1o closed at its highest price. 75ls; Michigan
Central selling at 79os9S02GsOl2, Erie at 27%S
osa. while New-York Central was q per cent lower
at 119la. Nashville, Chattanooga and ST. Louis
made a further advance of gig per cent to 4ol2,
latter reacting to Al and Louisville and Nash
le after fluetuating between 604 and 81 u, closed
weak at SO. ,
OF the Southwestern stocks, Wabash was the
prominent feature opening at 3S and rising to o's
with final sales at 3s12 st. Louis Kansas Clty ana
Northern was barely steady the preferred stock be-
ing 10 ger at II 7s and St. Louis and Iron Mountain
selling at 291i 80 7s929l2 The Hannibal ana oe'
.Joseph stocks made only fractional gam IN the
morning and were lower In the afternoon, the pre-
ferred stock selling down TO 43043s. and MISSOURI
Uonsas and Texas further weakened TO ID. sharp
odyonce in the coal stocks was aided by report
that the Reading Company had made material
odrorce in ira schedule prices for coal. 1t Is quite
Tl,alv that TOO much Importance was attached to
the reported advance, because, even II IL Is mann
famed il affects only the local Philadelphia market.
and in order 70 maintain the advanced prices IN Phl-
adelpha il may be necessary for the Reading COM
many TO ship a larger quantity Of coal to the moro
co,nnetitive market of New-York. Delaware, Lack
svanna and Western rose from 56os to 5ol4, and
ended nc 577s. Delaware and Hudson SOFA at to'A
04slsa47la. Morris and Essex at 9O9ta VI, ana
fhe Central of New-.Jersey at 4SifG oO'4IooI;9S'
LITTLE or nothing done In the lnTeetmSh. ,"i ~.
wov shares but New-York Elevated dechieu W
I9i sales, and closed offered at l5O - n;o..;o.
OF the miscellaneous stocks, American DistiiGe pHi
Telegraph made flrth her advance 10 %, "nH pao
held 10 the end. The dealings in Atlantic ana n n
ciGe and Western Union were upon na snidi,
scale hut their prices advanced 10 dl-sO
Al and l14AQ114 respectively. a'i,o
Mail was frlner, and rose from ~ "
153, reacting to 15ls at the close oI the oullloh
mining stocks Standard continues 70 DC .'e 60 913
y 600 shares selling to-day at an advance 10 oi0sD
Sill The Quicksilver stocks were steauSno lux 'n'
common and higher for the preferred ut 50
The market closed irregularly nTlh.
sAseg or inE srocK MABSSr
Asr.ported byQe Goid and stsck TeIe5r$ph co@oa"a