New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-12-01
e2.57A325 6l.7sS975


SUirsne6is -. sen7s75 s7.9ss525 Inc. ssso.sOO
As after the elimination OF the recent bull stock
speculation which had running for several months
and had advanced prices 20 to 30 per cont t
deemed necessary by persons TO the public
By the discovery OF extraordinary reasons for the nat
ura decue in prices week. the public Ia now curl
Gus learn what viii Oe the invention TO account Tor
the very Of to-day. Friday night there
was no indication OF sudden change IN the tenn
per OF the speculation rs developed immediately
after tciays Opening Nor did there appear IN any Of
the morning payers stook1oDbing reports pater TO
be developed nnIiiesi 10 influence the speculation
IN fact day notable for the absence OF ruuor
calculated TO depress the value Of securities at the
stock Exchange" On the contrary. IL known early
the companies generally would advance their
circular" prices for December coal, and the
talk about the enormous traffic Of the rail-
roads not one whit abated. let there
was almost panic nm nssinn ,o ~ nep ent
for the stocks may be- considered prelminary
step toward q pane. IL not be as amusing way
a. son,e others ui prgbahly VIII way IL
account Tor the sudden change from tridnY Night "
eesed 10 sseniators that Mr. Vanderbilt ought
good judge OF the value OF Central ana hudson STOCK
were the purchasers OF -2oOOVoeo u H. ana
that he was willing part with II az 40, PERHAPS
desirable purchase for other persons AZ lSo or
1879 II such was tie general impression u was 0niy
natural That this morning The number u sellers eAceeuo
the OF buyers anjf 80 tns seinesn.Y acc
for f In prices after the late RAPID recovery
Of from 10 TO 20 per cent 49,. -, 81.
In the business Ere winch iAst hEht clo1eu ~
a. and the street at 40 - decine1 20 4o@< Zen
tru and Hudson fell 100, against lJ6A2 ~ Jay night
Drlaxar.. Lack. and Western To rO44 a2ninEt
Pant - 10. AGAINST Is' ~so..s.' % LON, .u
Psmfe 10 f57s against 47ss; Lake Shore TO lO47s
against 1904 aud Michigan Central 10 Do against W.
al the other stocks falling more or hess from opening
selling up "a 4f4 Central and HUDSON to lJ4e Della
ware I,lrrrWanna and Western Ia sI-2 ana Mic 1San
Central % 10 But later there followed another decline
which the majority OF prices even over 'Hau me
r8ornings i. and from which the recovery "as uli4ed
An e1ccptlOAdl uioFcncnt III
Pacific attracted considerable ottehtlon because
lie ur1ce advanced from 2Sls 10 ~ IN spite
OF fae boaTness OF the general MarkeL but
the uogcuasnf vas OF SHORT duration. ana thc SUCK
closed al .g1s Western Onion very hriny held u
prce dropping below lO1 = ana closing al ivIA
Derlues-Al-on and Terre HaUie and quicksilver pro-
ferrec eacn a Canada southern, Marietta ana Cncln
nad nrsl prrlerTed. nashville Chattanooga ana -
L us. aud Union Paeinc, each II Mobile ana QUO.
Northern Pacific prcf6rrrdaId OliO ana MISSISSIPPI pre-
ferre earE = Il Paul and Sioux City ano Atlantic and
paclc telegraph. each =. Northern tscinc, . FRANK
for ana KSxnn6 Indiana, CiDclnuau and Lafayette.
Indlauafuclie Bloomington aud Western and American
Express, each I OhO and Misslzsippi a. Louis ana
Francisco preferred, and Western Union, each "A
RI. Paul preferred, NeU-l0rk and NrN Haven, New
YORK Elevated. aud Unified States Express. each l42;
Northwest Lase Shore. and ST. Louis aud Snn f'ic4seo
Preferred Ia; Northwest preferred =; g. q, q
and l., CHICAGO, ~. Pau and Minneapolis.
Missouri, karsas aud Texas. and 81 Pau
and sioux CITY preferred, each 2 G.. Z. and l. I.
aud san Francisco. "a: Kes-Jersey Genital. "a; Wa
BASH -. Louis aud Pacific, 27s Michigan Central 81
Hannibal aud So. Joseph. al Boston AR Lane and
HANNIBAL and 81 Joseph preferred each % Delaware
lo and Pacific preferred. each Reading AZ; Erie,
-; beiaWarr LaekawSnHa and Western. 4; ana Erie
kfrferred ga per cent Adyanees-Paeiilc Mail, y
lllnOs Central. Fort Wayne and Nelis, Fargo q ca.
LxpIess each "a Morris and Essex, 81 Manhattan aud
hefrOpOitanracb Ia Cleveland and n ttsburg Marietta
Ad Cincinnati, and Louisville and Nashville each L;