New-York tribune., 1879-12-07
THIRD cAIL-2:so p. NJ. CONTINUED.


The stock market to-day was more active. with .
business that amounted TO 3O3 O6s shares. against
2OO629 shares yesterday. But much of the increase
| in the amount of transactions. as well as II the
| advance in prices was compressed into the last
hour of business In fact. the closing dealings were
after the old-fashioned way Of stock specuating-s
| dashn0 saturday afternoons rise. The markes
was somewhat stimulated by the circulation OK
reports of q serious quarrel between two
large operators who are supposed TO be
short {" of stocks The report given Is
positively denied by both operators. who declare
that the story is absolutely without foundation.
| The market opened dull but steady, and so
| continued for the greater part Of the day.
| and the early dealings furnished no indIca-
tions of the intention of the second class
of operators. who for the time have assumed
control of the market. and whose plan to milk"
it within a range of or per cent. For few days
it is likely that all sorts Of rumOrs will be oated.
and that the of the larger operators Will be
freely used being either LARGE buyers sellers Of
stocks, as the occasion may require The business
OF to-day was well distributed through the
list and the stocks requiring special notice are few
in number.
Western Union was remarkably active and fire.
queDtIy huctuated within the range of 107l< and
1855. closing at 107Ss-an advance Of IS per cent
The for this activity. alleged. Is the good
showing which the company next Wednesday viii
make Of its receipts for the current quarter There
is doubt that the forthcoming statement will DO
a remarkable exhibit. But in respect TO this
the StocA Exchange departs from its usual
custom in speculating upon the present, instead Of
the future. Erie from the beginning OF business
showed a tendency TO advance, but il was not until
after 1:30 o'clock that the price rose TO 40. Alter
that 1t sold at IL and closed at 4OSs The coal stocks
also made strong and closed at their best ures
excepting New-Jersey Central winch after risn from
IS to 79li, finally sold at 1874 These movements,
unlike that in Western Union, lack the basis of ex-
pected good reports. Lake Shore and Michigan
Central were not active. but were higher,
The granger stocks strong st. Louis
and San Francisco shares recovered from
Yesterdays decline, and the Southwestern
list generally was higher. with q notable late move
ment in Missouri. Kansas and Texas which carried
its price up to 1928. Indianapolis, Cincinnati and
Lafayette further declined to gig. but reacted TO
Al. The express stocks were strong, and Pacific
Mail rose to 313iG31Ss.
The final changes from the closing prices Of yester
day are as follows: Advances-MobIle and Ohio,
ls: Louisville and Nashville, Union Pacific and
Adams Express, each Il OHIO and Mississippi and
Northwest preferred, each 81 Metropolitan Elevated
ST. LOUIS aud san Francisco first preferred and
Wells Fargo & o.,each L; Western Union Ss; Lake
Erie aud estern Lake Shore, and Iron Mountain,
each a st. Paul preferred, Hannibal and 81; Jo-
seph. Northern Pacific preferred, and Wabash st.
LOuis and Pacific, each IS Michigan Central, Nash
vllle Chattanooga and 81. Louis, Erie preferred,
Reading aud United States Express, each /; 81.
LOUIS and San Francisco. Isl G., {. and ]. g. ST.
Paul Erle Atlantic aud Pacific Telegraph, and Pacific
Mall each las; Hannibal and ST. Joseph preferred,
ST. Paul and Sioux City preferred, st. LOUIS and
San Francisco preferred, and Canton, each 1l2;
Delaware, Lackawanna and Western. los North
west, and Wabash, ST. Louis and Paclic, each Il
Delaware and Hudson 17s Missouri, Kansas and
Texas pa; and New-Jersey Central, 3l4 per cent.
Deciines-Morris and Essex and Ohio aud Mis-
sssippi preferred. each Is; Northern Pacific, 4 and
Indlanapolis Cincinnati and Lafayette y per cent
The market closed stroug.
hAA6E . NAsKKr.
<sreroTred by ns stock Tstesr1Dh Company.