New-York tribune., 1879-08-26
MoNDAY. Aug. 25-P. N.


To-day another large business IN shares was done
at the stock Exchange. the transactions amounting
to oil 900 shares But is usual of late, the bus
mess was very unevenly distributed the trading III
six stocks contributing $4,000 shares. At the
opening the market showed some hesitation
and prices declined fraction. but rapid
advance from SS 70 S9ls for Lake Shore
stock impaired new confidence and
a general Improvement followed. After that the
tone was feverish and finally heavy. so that the
final business shows material declines from the
prices of Saturday night for nearly all the active
stocks. The Erie stocks, however, are exceptions
to the rule; the shares, after an advance to
255s closing at 24a an advance Of b, and the
preferred, after rising to 47l2 closed at 4G2s, an
advance Of y per cent. Burlington, Cedar
Rapids and Northern recovered IL per cent to 80
on the prospect of It's becoming regular per cent
dividend stock under the guarantee Of the Cmcag0
and Northwestern Company
blake shore, after IT'S rally 90 S3l 1ell 10 so2 ana
closed at SOS "a final decline OF u per cent from
Saturday. AMI Michigan Central sold af e2"iUNI0
sllz Tie AZ N.scOnsiu stocks only held Saturdays
price, iu the early trading, and atteTwdId declined
HAP per cent for st. Paul and North"estern
common shares, they closing with rallies
The earnings reported for the 81. Paul Company
during the few past weeks has attracted "a good
deal of attention, because the grain traffic oil the
g0dd dd not warrant any such amount Oh HtICa-t'
and finally 10 lS asserted that the earnings ul the
wear include $40 miles of road not included u The
earning, Tor the same time last year THE lEIB-
UNE's monthly report of earnings for An us- gave
the mileage of the road now as LIP miles,
AGAINST .-l4 miles for the same month in 1878
an increase of sos miles of new road
that last year had no earnings. But
the alleged increase OF 57Omes includes tho West
em Union C0mpIny's hne tlai aId have earnings
last year which ought 90 be added to last years
earnings of the S. Paul Company for purposes of
comparison { los earnings are now lucludsd With
those of tie ST. Paul. ANY other comparison,
manifeStiy, Is a deception. Yet inquiry at
the compaHy's Office in this CITY eIcijs
the answer that they do not know whether
Company are included in the st. PauPs report
of to-day Of its earnings for the third week
of August this year. We know that they are not
iuCIuded i1 the figures for ISIS, With which the
comparison il made, and which show a gain for tins
year oi S4-,9Gf.
Outside of Delaware Lackawanna and Western
the trading u the coal stocks was small, but DeIa-
ware and Hudson shows loss OF /. Contra. ot NtN-
Jersey - and Morris and Essex = per cent. Della
ware. LackaWanna aud Western sold as low as jOL2
but ra.lyInz TO 567s, shows a loss Of only u
Der cent from SATURDAY night. Western Union
was active rising from 837s TO 94 l2 aud declining
90 93ls. final sales being at 5o44 Paclhc Lau
was stronger Iu the early dealings and advanced 90
Il. bur aitrrward weakened to 1Oas, an at the
close wa, offered at the bottom figure, The COM
pauv to-day paid the city $4,000 toward the
sl4UO 900 due on the taxes of 1874, and agreed 20
pay tue balance in thirty DAYS; al recommendation
lOr winch jhe company paws per cent month.
The market closed weak and unsettled.
RANGE or sIO-R NAgNET