, 1879-04-20

wear. r..,s.......... SIS. s65. 131 s1,67o. 1a+
There was sale Of $4,000 Cook County 7s
at 11011.
Almost the only exception to the strength OF
the stock market was to be seen In st. Joe.
The common went down from Is to 1419, ana
the preferred from 41N to 4014. The de-
preston is attributed to the railroad var, ind
to the hostile measures introduced into the
Missouri Legislature. The real motive OF this
is believed to originate in the stock market, as
Jay Gould has been credited for some years
with desire to wreck the St. Joe. At any rate,
whatever the motive or the authorship OF the
proposed official inquiry into the ability
OF the St. Joe to paY the interest on its
bonds, the fact that the inquiry has
been proposed has been used with a
great deal Of diligence in the stock marhet. 1t
may be successful to the extent OF inducing
some short sales. The other Southwestern
belligerent stocks improved. Alton went up to
Tx, with Chicago sales at that figure. st.
Louis, Kansas City &, Northern advanced from
il tu TX, aud the preferred from 34a91 to 35A.
The Indian Territory tavoritcs, with the excep-
ton of Kansas s. Texas, continued to so up.
Kansas 6; Texas opened ut 1875, and closed ut
1515, St. Louis s. San Francisco improved. and
it Is said that parties far inside the charmed cir
cle OF railroad management are buying The
common opened at 10A, and went to 107a, the
preferred gained Il, to 1216, and the first pre-
ferred sold at 2SI. The coal stocks were strong,
with the exception OF Jersey Central, which de-
clined II, to 42N. Delaware s. Hudson
advanced from AK to 42A, ind
Delaware g. Lackawanna from 5l25 to 5177a.
The Vice-Presidcnt OF the lehizh Valley Rail
road states that there is possibility OF coal
combination being formed at future date, but
he could not affirm that any steps were being
taken at present to effect that result. Whether
the Lchigh Valley Road would join any future
combination it was impossible for him to say at
present. 4 Philadelphia dispatch to New York
papers says that ''it is more than probable that
coal combination will be formed during the
present or following week. The difficulties rs
to percentages and production have, it is be-
1ieved, all been smoothed over. A number OF
conferences have been held lately by the various
managers, and>a meeting will be held in New
York in q few days to settle details"
There were slight gains in the Granger stocks.
Northwestern common made u, to Gl15, and tile
preferred u, to 9l1S. St, Paul is we'll sustained,
for all the decrease in earnings. The common
went up from 4255 to 42T. and the preferred
from 82M to ,S2N. Wabash improved Is, to
2YM. The threats OF the new President Cyrus
W. Field, to punish all the parties who have
brought suit against the road, have not created
much CONSERVATION among the 1tigants, most OF
! whom are suing upon the mortgage obligations
! OF the road. Mr. Field has fine field for his
energy and ability in proving that the value OF
the Wabash property is fairly represented by
the current quotations for the stock. Erie
closed at 2631s, the highest point OF the day, and
a slight response to the Intelligent md skillfu'
efforts that arc being made to market the stock.
Northwestern gold bonds were Ito; st. Paul
sinking funds, 1o4]14f; Burlington, Cedar Rapids
| & Northern, 7411S; and Alton gold Is, l0e1a.
Missouri, Kansas j. Texas flrsts were G359, aud
| the seconds 80, and St. Louis d San Francisco
| bonds, class B, were 50.
Northern Pacific was sold at 81.
The earnings of the Milwaukee d st. Paul
Railroad Company during the second week in
| ApriEwere S156,000, against s1s9,22A during the
same week last year; this years. decrease, $685.
ao3344. The earnings OF the New York, Lake Erie
ds Western Railroad for the month Of March
| were S235, 600 in excess OF the same month last
! year, and for the first week Of April so, 600
/ more than year ago. Kansas Pacific eafhings
increased SIS, ,754 II In the first week Of April.
The gross earnings of the Burlington, Cedar
Rapids s Northern decreased S5,9 $50 in the
same Week.