New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-08-13
THIRD CALL-2:30 I
TUESDAY. Aug. 12-P. y

TUESDAY. Aug. 12-PM
The report of Auditor Schuyler of the moyet
ment Of freights by the canal for the week
ended August Z, which is printed below makes
handsome comparison with the report for the cor
resnondinc week of 1873. The total tonnage
moved East and West shows a gain of $3.50 tons,
and the tolls collected were $11,257 more than
during the corresponding week of last year. The
principal gains in East-bound freight were: Wheat,
d. s43 tons; corn. / 1923 tons and boards and
scantlng. S215 tons. In West-bound: Anthracite
coal 265 tons railroad iron, 2 461 tons; and iron
ore. g. 1870 tons There was a small falling OF In
the tonnage of dry goods shipped.
The stock market to-day was strong at the OPEN
ing and no little excitement was impaired to the
first half hours dealings. But after that the tone
of the market was feverish, and considerable ir-
regularity was exhibited in the numerous huctua-
tions that followed. Lake Shore twice sold up to
93 but finally declined to 904291, loss for the
day of 1ls per cent. There was good deal of talk
and idle rumor concerning the leasing of the Lake
Shore TO the Ncw-YOrk Central and Hudson River
or in some way merging the two companies
The most absurd plan suggested was that the Gem
trail and Hudson to retire all the Lake Shore
stock, and in its place issue guaranteed per cent
bond. Erie. with only a small amount of busi-
ness. improved D. and closed with gain of 81 per
cent. The other trunk line shares were dull
Michigan Central making final loss of per cent,
and c.. c.. C. and |. aud Canada Southern remain
ing unchanged.
But it was Northwest common stock that to-day
was the conspicuous feature. OpeEing mp Il per
cent at 1858, through numerous fluctuations It's
price mounted to S05s, and finally closed at 1898
gain of per cent, after transactions amounting 70
rs ZOO shares. The preferred stock came within g
of selling at par but ended at 90 a gam OF 4 PEI
cent The st. Paul stocks, on the contrary, maze
their best prices early and afterward declined; tne
common stock closing with loss OF per cent, anu
the preferred ls per cent. The reported large earn
ings of these two companies nave had Inuch 10 w
with the recent speculation. Each of the companies
is engaged in making extensive extensions otitS
lines and the freight carried for the construction OF
the new lines swels the earnings, but even tnss
seems not 10 account for the large gains fepoIteut
although il is true that he earnings of the St. Paul
Company are now less per mile OF ROAD lhah 'neJ
were a year ago. =, 49, h,&
The southwestern stocks generally were better, pus
in no instance did they close at the best prices ei uo
dav SO that the final changes either way we're Only
the fractions of per cent, excepting ~ LOUIS an
San Francisco first preferred, wnlc, aitef TL.
2 per cent, retained i per cent at the emu. IL ~
Western Union speculation was weaker, although ~
the early hours Its price advanced q per cent "
05s. Later IL declined to 934. and closed at U.S.
The special friends of Pacific Mail improved tneO ny,
nortunity offered by the strength OF the gensIAa
market to mark mp the price of that stock. iheg
opened its price at 10 and quickly advanced ~ az
l73s 1his was followed by sudden drop 10 ieesss
another bostering TO 17Ss, and final sales az tV
Adams Express further advanced 10 looF@tNy
against 100 yesterday the other expresses oens
steady. -, - cha
The most Aattering thing that can be said Of t1o
days market is that considering the late Iap'u
yances the declines are insignificant
RANGE oF TUE MARKET.
As reported by me cold and Stocs Tstsoraph oo"paG
Ae,9 l, sale sale: 5;ooi Closing s,s A BID; soS