New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-02-14

THrRsDAT. ~. IL. y.


The stock speculation during the earlier hours Of
today exhibited considerable irregularity. but in
he afternoon there followed steady appreciation
II value, Cor the whole list Of speculative stocks.
The opening of tho market. With great
furor following the feyerish close OF YES
,erday was not good augury for tO-days close.
BIT the present stock market has become famous
tor its surprises. The first prices generally were
higher than yesterday last figures. and were su =
ceeded by an immediate advance of from 4 20 Z
oer cent. This was followed by decline to figures
below Yesterdays, then BY duluesS, and finally by
sharp rally that closed the general market at the
best figures Of the day.
Michigan Central was q conspicuous feature, al
houch rs total transactions amounted to only
$500 shares Opening with sale at S. the next
sale an hour later. was Sis. and then a fall Oc-
cured 10 SEA. Some time later three transactions
restored the price TO So and four had it $50
lid The final sale was at SSl2, and the closing
quotation was So bid and ssh asked Central Of
New-Jer-ey also attracted much attention; open
Ing at A. it rapidly advanced to 44a and then fell
70 49, Later it rose 10 4i7s and closed excited at
the highest price. II Is worthy Of note, now
ever, that within few moments Of the clos
ing hour 200 shares angtd hands at 4434 and
44Is. st. Paul common another stock that
disappointed all ordinary calcularlOus as 10 ltS
course. 1t started at 4el $40 and advanced TO
to he heavy at the price but soon aterward II was
daShlnc ahead again aud touched 4OIs. closing at
4O3a ST. Paul preferred sold a. S2lo ; "sQ : IS.
Northwest common at 81 GIL Zd6o34 81 = a ~ y.
and the preferred stock 1T S634aS1 a o6Ss1 ; =.
Lake Shore, with transactions 1000 l.ss thau on
yesterday, sold at 7uG no "a ca "a lo4. Canada
Southern, working in unls u " III Michigan Cen
tral and bv force Of the same prODeillnG power,
rose pr cent, from 50 10 -. krle was traded 10
between the figures OF 25is and 2J's, the final sales
beng 100 2Jla against 2,5;s ~ tie inst.
Delaware Lackawanna and Western first was
heavy and gu a small business dropped from $50
J3l4 10 - but IL later rallied 10 5314 again. aDd
closed al 527s. OF Delaware and Hudson only 100
shares were sold. AMI those az 43 Morris and Is
sex ruled all day at SJV 81 a - q. ONO and MIS-
sIsslppi declined to II l.. recovering TO lZleGl ~
an the preferred stock sold "a - against So We
teTday, 1882. Q35l2. Hannibal aud 81 Joseph con-
mon was STEADY, but he preferred nuctuated = per
cent. at ~ AL 34G4394Z34- Wabash Opened up %
per crut az 22ls and declined 10 q 3G2l s. OF the
Investment shares, Central and Hudson recovered
TO I6I,. Rock Island TO 13l, and Union Pacific TO
673s Chicago, Burlington and Quincy, Illinois
Central and PIttsburg we're steady, Harlem being
down At 1914 Western Union, being pressed for
sale early broke from 99os TO 90, later recovering
to 09lr. American DIS rict Telegraph recently has
mace sharp advance, ana to-day sales were made
VI 43l2 OH.
The market closed strong
KNGB SNREFE
As spor',a b t+s GOtd and stock Te'eToph Company