New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-09-12

rHrRsnAY. sent. II. p. NJ.

THURSDAY sept. II. T. NJ.
TIE stock speculation TO-DAY ran largely 10 the
granger and southwestern lists Of stocks. The early
dealings. however. after an opening with prices
generally higher than the closing ones OF last even
ing eE biicd no little degree OF feverishness, and
fora tme the market seemed to be uncertain
whether IL was booked" for higher or
lower prices But the continued and per-
sistsnt buying Of two three stocks
finally decided The fate of the whole list, so that
whore the closing prices do not show gains the
declines generally are too small to attract atten.
tion.
To Hannibal and st. Joseph speculation probably
wa. As instrumental in giving character to the
DAYS business rs was that IN any other stock. The
preferred shares opened mp = per cent at ~,
and with immateral reactions rose to 1895
finally ending At 4s7s; the common stock follow
ing with an advance from 22s4 70 24G2J'A
ST. Louis and Iron Mountain also particularly
strong. rising from 29zs 90 32d3lss, and Wabash
steadily advanced from 4Osl 10 IL -. The It. LOUIS
Kansas City and Northern stocks also were strong,
but less rampant than the stocks named. Missouri,
Kansas and Texas was barely steady, aud Louis
vile and Nashville, after declining per cent
90 80. finally closed at 80. Chicago and Alton
made "A further gain of 23i per cent To 30. Among the
grangers Northwest common was the special feature.
Its first price was sOSs advance of Il per cent.
from which figure IL declined to 1913. but then
TO Sill: the preferred stock being content with ar
advance of il per cent. st. Paul CON fell from
0sls 30 67la and recovered TO 6sl4 the preferred
stock after decline Of L. rising IS per cent to 81 g.
Chicago ST. Paul and Minneapolis fell Il. and Bur-
hngton aud Cedar Rapids per cent. The most
satisfactory reason that 10 gwen Tor these dit
freut movements is that such Is the present temper
Of the leading operators.
The trunk line shares were comparatively dull
DC l. add ali a
ing at 20 unchanged from yesterdays last price !;
Lake Shore opened up y per cent at Ss VI ana de-
clined 10 s7si Michigan Central on small ss les de-
clined I. but Ncw-York Central gained 4, and
Canada Southern l. per cent Illinois Central rose
9 Der cent 10 93l2, later reactng j per cent. lho
transactions in Indiana Cincinnati and Lafayette
amounted TO IL. 100 shares. AT prices ranging from
G3l l. .7sa7ls There aro favorable symptoms OF
this stock haylng run OF the reconstruction fever
There f,, were sual dealt ~ In the other lght
weights including c., G. aud c., Chesapeake aud
Ohio, Marietta apd CinciLnatl, Mobile aud ONO
aud Now-Jcrsey southern Inc coal STOCKS were
dull rather than heavy, but the closing sales show
declines as follows: Delaware, Lackaw anna and
Western ~. Delaware and hudson IL anu MOTHS
and Essex pr ceni; he1-Jerssy Central, after de-
Ginning Is per cent, realizing Iuil recovery To-Day
II was noticed that there was disposition on the
part Oi some OF the coal presidents TO talk nope
Iully Of the prospect OF AN agreement Tor "A
temporary suspension of mining, but this PROBABLY
Was due 70 me hope that such talk would stuulaie
the demand for coal NOW almost at stanastill,
biGce investigation proved thai the plan proposed
had been rejected by of the leading panles.
1be miscellaneous inst of stocks was dull Western
Union hnaiiy showing a gain OF d and Pacifc Mail