, 1879-01-12

1ns: year -.---.-..... 20, o52, Cos lisp, 952
The stock market was strong, although trans
actions were not numerous. Prices showed an
advance through most Of the list New York
Central was up 4, to 1881; Michigan Central g,
to 79; Lake Shore rs, to 6SM; Northwest
common 2<, TO SEX; the preferred e. to 79yzz;;
St. Panl common n, to Ssh; the preferred
Is, to s6sz: Rock Island 4, TO 1191{. Illinois
Central e, to 62; Alton IL, to 817k; the pre-
.4erred l. to 1o5; Erie y, to o3H; Wabash e, to
q; Ohio & Mississippi e, to s.; c., c., c. & I.
Il, to s.; ST. Joe common 4, to 1879; the
preferred 11, to 345f; Delaware d Hudson l.,
10 4oK; LacSawanna 4, to 4511z; jersey Gen.
tral e, to 35; Western Union l, to 95sz; Attain
tic d Pacific X, to SIX: Canada Southern u,
to AN; Kansas d Texas e, to 8z; and St.
Louis, Kansas City & Northern Il, to ~.
Union Pacific stands alone with decline OF X
to b6.
ltwou1d he rash to infer from the wide terri
tory covered by the rising prices of yesterday
t:-at the movement was purely spontaneous
onc, the result. SO to speak, Of irresistible
natural forces. that could not be controlled by
The Tisans Ct the stock market. Possibly we
arc CT tie eve Of the great "bulgc'' That has
been 50 extensively advertised to follow the re-
sumption Of specie payments, but the movement
has, as yet, an artificial look.
Northwest gold Londs sold at 104, and St,
Pail Sinking Funds At 1004
III New 1ork, OH Thursday, the business in
railroad bonds was large, the dealings footing
up S1,346, ,o00, Of witch $3342 were in Burllny-
ton Cedar Rapids d. Northern firsts. These
bonds advanced in the early dealings to ~.
but toward the close declined, under heavy
pressure to sell, to TO- The remainder of the
fSt w9ck fFnn writ f1Jrf f1,nru r.
~ per eeut in prices. The New Jersey Cen
trail issues were active, and sold at Sg1z(D
eoA for adjustment, 74336{1754 for conso1i-
dsted firsts asscutcd, aud 74S(974A for con-
vertihles assented. Lci,ieh d. Wilkesbarrc
consolidated, asseuscd, sold up to e, and closed
at H., against 4os@ yesterday. The Toledo
j. Wabash tissues advanced sharply, irsts, ex-
coupon. selling up to 1lO, seconds to
los; do ex-couron, to SI11S; St.
louis Division, eI-matured COUPON, to
e535, aud consolidated ccnrertib]cs
to G14. Great Western tirsts, ex coupon,
rose to 1tlSHi DO seconds, ex coupon. to S3s<;
Rock Island Us to 10y, Cincinnati s. Springfield
nrsts to -, Missouri, Kausas d. Texas cousoli-
Inicd assented to SIX. St. Paul consolidated
Sinking Fund to 100, Chicago g. Northwestern
consolidated TO lis, do gold coupons to 103lE,
hannibal & St. Joseph convertible to
103 Canada Southern frsts to 7SM, Cen
tral Facifcs to 107, do San joaquin Branch to
81, Parifc Of Missouri firsts to 10G15, Cleve-
land s. fittsburg consolidated Sinking Fund
10 1l2l, Fort Wayne 6rsts to E,0. Morris d 4
Essex consolidated iirsts to ssh, and Della
ware, Lackawanna &, Western convertible to
100. New York Elevated frsts rose to l0511xz,
aud afterwards declined to los. Sales OF Met
-o2olitan Elevated kdrsts we're made at 9715@
s'SS{.
Manhattan gas stock in New York shows
rise OF : per cent
st. Louis, iron Mountain & Southern Railway
earnings for December show decrease OF ssh
1851. Pennsylvania sold on Wednesday at
:-3zzaGe33- North Pacific preferred sold on
Wednesday in Philadelphia at g.
The Lonsnscrca al aud Financial Chronicle riyes
the gross earnings for the year of the following
railroads: