New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-10-10

rest that the stock market is speculative market.
and that irrespective Of present future values II
viii not be unnatural If before many DAYS prices
srfsr a reaction perhaps equal TO that which oc-
CURED in the month of August.
To-day Erie stock continued 70 he \ centre If at
fraction. recording about 2s per cent Of the total
ssles and after frequent fluctuations within range
NJ - nor cent finally ended with gam Of b per
cer over the closing figures Of Yesterday. But the
Goa sincks with less business. the conspicu-
ons features of the dave speculation very limo
cent quotation from to-days Philadelphia papers OF
or-riors favorable 70 a comb nation. aud report.
also from Phiiadephis. that the limit for signing
the proposed agreement had been extended beyond
October 10 which was sent over the wires OF the
Wa street New, Burean. were tortured into r.
no. an tle street thar Mr.. Packer of the Lehigh
v.-l.r COMPANY. lad signed the compact. Notwih-
standing fhe opinions of the Philadelphia papers
a. RI. re,,rt.d extension OF the time for signing
- agreement. We Gre again assured. IN the most
,.,+-va manner and hy an authority that knows.
fhat Mr.. Packer has given his positive refusal 20
sicn rle proposed plan. and also thar after to-moT
-of- FRIDAY. the paper. then remaining unsigned
~ rh. Penn wanna ksiirOa and the Lehigh Val
lev -feresr ceases 10 be- bnclng upOu any AZ those
who have rred 70. There = hardly doubt bar
rb.f IN. no.rion rs exactly We have stated u 10
D.. N.v.rt ,si.ss the coal stoC k We're move buoy
an +ha-, Ere Delaware. ackawauna and Western
y-,n- 81. nsr cent 90 = and closing AZ 49,. De-
suare and Hudson advancing from 63ls % COS
g. Central NJ Naw-lersey from - % 61ai. auc
Norr7s and Fsscx selling A. So e5'i = 95lc. The
n rance- I'D these stocks were almost continuous.
arf Urr. made WI -u0uJ any intervening Important
hurtuauor--
me- general market after midday met with
slight Chico q auf for short time II appeared n
lrrsk were imminent But rhe danger poiuf was
passed iu safety and and another ray set no, from
which there uO material declines ~ The close
There was % notable advance iu Panama If - Per
rent or sales Of 800 shares Among TIE latest adj
dlon- 20 The -tocS list note sales ot Lake Ire
snd Western ~ "a %. Lafayette, RioCuiurron
ard Nuncie az asa "a. Chicago -. Louis and New
Orleans a. 19l.a21. -. Paul and ~nuX CITY
~ SOFA. and S.. PAM and Sioux City preferred 81
o. Measured hy intrinsic merits. tlesr stock. seem
L. Ne cheap in parlSOn with The prices OF most
of tire present favoTre~ of the speculation. Among
fnr Telegraph stsoh~ American District advanced
Der cent % G~ and Atlantic and Pacific Z. %. =.
Western mon remaining onl ~ - Aa $3.50 e ga
a.riusr $3.50 Fc-te rCay. Iaclrc Nail was not a.
$50 .~ ~ has been lately. lnf Do Pc
covered I per cent 10 a--2 and closed with
2 reaction CT only 4 peI ceur. lse expresses con
ffrueG strong and were traced I to 10 unusual eX-
tent: Adams sold A. l03ieQ lOi. American rose
from - % $50 Sl p. United STATES from - l. to
GHl2 "a 5-'i- and Wells. Fargo Co. iror- TO- o.
-Nf.
In rnluln- ~.orks there was nothing al +he Srock
I-clau-e tlaf Was noteworthy. bl- ga t-, Mining
7. .rl 90 large business WAS Dome ODD lie IaUc.c-
Cola place. being onr-DIcr MS vt- .r acf vance go
81 Scents. AIlau- Iae better ,--- OF -tnna- rae-e
va ID wed movement ir Huk.l. "a large bus
ue-S being dome at lrnl 81 'N -u -.
Tho genera. market 90 Tie close Ni, excited and
bucy au,.
rs,er uf rFr STOCK HhFNfr
AfrIor.e7 p. Co. so.f am '|r. Is.-9-f.' mtcar.