New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-06-24

MONDAY. june Or. ".

MONDAY, juno %j-F ".
The opening Of the stock market today was brill.
liant. and with hardly an exception the first prices
were higher than the closing ones Of Saturday
night But, as frequently before when there was
much excitement IN the early dealings. the first
figures proved to be about the best of the day.
The total amount of transactions, 141 800 shares,
shows an Improvement over the totals ofthe later
DAYS of last week. The Chicago and Northwestern
and the St. Paul shares were the strongest
of tho usual active list, although they
at one time broke from the morning
figures 81 to is per cent, later rallylng,
however and in final sales showing losses of only
IL and l. per cent for all but st. Paul common,
which closed the same as on Saturday evening.
Louisville and Nashville was notable exception IN
opening at the closing figures OF Saturday, advance
ing 27s per cent to 1913 and closing with
tine latter price bid, There was a weakening in
the prices of such stocks as Hannibal and st. Jo-
seph common and preferred, Missouri, Kansas and
Texas, the ST. Louis, Kansas City and Aortherns
and Wabash. st. Louis and Iron Mountain opened
at an advance of z per cent at "a. but later fell
per cent and ended at 25 Ohio and Mississippi
common was steady at 143a 4140s, but the preferred
stock declined to 35l2.
The trunk line shares opened particularly buoy
anti Lake Shore at 76l, Michigan Central at 7oh,
and Erie at 26l4 G2SSs In the decline from these
prices, that began almost Immediately after the
opening, Michigan Central led with fall TO 7Gt2
Lake Shore sold as low as 75l2 but closed at 1929
and Erie fell to and closed t27s4. When the Hue
tuatons In their prices are considered the business
done In these stocks seems remarkably light, tho
total transactions for the three amounting only to
10000 shares Canada Southern Il and c., c.,
c. and l. p per cent higher moderate transactions.
Among the investment stocks the only con-
I'm
and Quincy at a decline Of L per cent. Chicago and
Rock Island at unchanged figures, and in New-York
Elevated at decline OF 2 per cent. Manhattan
stock was quoted to-day selling on the street at
5Ola The three classes of Chesapeake and Ono
were all higher but the total sales OF all of them
amounted only to ass shares.
The strength of the coal shares hat was noticed
at the close of business Saturday proved to DO
simply spasmodic, to-day having witnessed a
break in their prices, particularly IN the case OF tho
two Delawares. The first sale of Delaware, Lacka-
wanna and Western was at 5o, the second ao
571a. the third at o7Ss ana the fourth
at 571i; after pause at these hs-
ures and partial recovery, the final sale
was at 665s, yet the total business done amounted
only to II 400 shares. Delaware and Hudson sold
down to aud closed at 49, against 46l9 on saturday.
Central of New-Jorsey, after some huctua-
tions between 526s and 1913 in the early
business was only less weak, because alter
selling down TO 52 II closed at o2 a ola, ana MOTIFS
and Essex declined from ssSI 10 oe4Goo's
The telegraph stocks were All weak and lower.
Western Union declining TO 92A2, although iates
recovering to 1914 Atlantic ana 1 acme 300 ~
36Io, ana American District declined moan 90 TO
"a Tie best bid at the close being 63. Pacliic Mail
as usual was an exception to the general ma he,
If onrued weak aud closed stronger selling early ~
I43.al4l2, and later at l5l2
Inc condition of The speculation az present IS
spcn that ouerors lind II difficult to form an oph-
ION of the market and 10 hold IL consistently Ior
even an hour; hence, although the market to-day
closes feyerlsh aud weak, II may De uusAle ~ uieI
from that fact what may occur tO-nOfioM.
RANGE OF The STOCK Markell
AZ reported by cold and Stock Telegraph co"pG"%
Klus