New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-01-10
ru1Rn cAlI-2:3O P. NJ.
TnrRsnAY. Jar. Or. "

2OOU bic ~ bOiYYo IN Oh
THURSDAY. Jan. Or. ".
IN. stock speculation continues TO reflect nothing
.,,s7 the movements Of professional operators.
-, obedience to their desires strive 10 think
- % make others think that the public IS helping
rr..pce the daily hactuatlOn IN prices. Never
Nis fact more apparent than It has been FOR the
tst few DAYS The system of manipulation has even
hr extended 10 the railroad bond list, where there
exists some legitimate investment demand for
..o,ri.,es which are "gilt-edEed' OF exhibit far
nromtses for the future.
Take for instance, the trading in stocks to-day.
The total transactions only amounted to 12N.4oO
sbor.s of which more than one-ffth, or 26,3OO
shares was monopoized by the manipulation
- the Chicago and Northwest preferred
stock between the figures OF ISIS and -. 50
olsrine were the operations in this stock that it
was openly charged in the Board room that the
chime bad washed 10000 shares. Northwest
common stock to-day was comparatively neglected.
although at first its price advanced from 5i4 to
5lsi later IL sold at J1is4 514. The II. Paul
stock, were traded in only moderately, and their
fluctuations we're confined within range of I per
cent. the common stock closing % below opening
figures aud the preferred stock 4 higher OF the
Vanderbilt stocks. Michigan Central after opening
down 1, per cent at 7G24, continued strong and
lNhaHIfU 40 & - q =, anu 'u'idi "4i' ii'.''
rose 10 l135.GIl3l2 Lake shore declined from
G75. 90 81 a67l.. and Canada Southern from 47a,
10 46la Illinois Central was higher at
e2aSI7,as2 Chicago. Darlington and Quincy
and Chicago and Rock Island beng steady at yes
terday's quotations. Union Iachc sold down 20
to and Wabash was q shade lower, with INai safes
at 2lit. The promised movement lu - Loan, and
Iron Mountain has either come 10 ruin-- "r h"'N
postponed, the sales Of tie stock to-day Loo
shares being at lj14, against tG@. los. H." ut'e
where the point TO buy so freely dir .Il'tte.l.
Eue was dull at % Ia Dds a 2212.
The coal stocks to-day COMMUNICATIVE attention.
Delaware, Laokawanua and Western stock only
huctua,inc 3 per cent Delaware and Hudson only
l,Ceutralof Ncw-Jersey b and Morris and Essex :,
The enforced scarcity OF Delaware, Lackawauna
and Western certificates failed 10 help IT'S price.
Western Union sold up to 9j4 luf ended
AZ oil and Pacific Mail sold al l57l34
a12si. The report of this company. issued Fc-tDl-
day. is regarded generally as q statement put forth
~ the present management for the purpose Of co'-
ENG retreat from the glowing sem-ot0ca. state
mesis that have been issued heretofore. One po'nt
IN th, document that escaped notice Us # Iu-
ro~t.n.e The statement published claimed that
ht l-luttIuC the purchase money Cf tie IsLdH'a
Transit steamers from the total debt. tte I.a-
1876. to December /, 1879, -l4f ISL .e CIRCULAR.
however. admits, or rather c.a.ip~ that fr.,' .'i
C.rl. reduced toe debt duruE the wear ,r-r.
Aprla" i''" ht i-r o'-p+ '''i' vi Pl 'i'.i '
real estate ctC.-not IUD.ut.. H the att..."
assets uI Auu 80. 1~-6. 10 Tie amour. off ~o.,.l'.
Placing tIls sum against o." purchase MONIES IL
tle Panama Transit h... a.d 'L. li-'.-ii b.. ''.s
avslIa.I. assets instead OF he H- decreased -..cr
APR. "o. 1876. are lncrrd~'a 0ln.."'~.
~r.c.. generally ciutiat.. tH ..uu a- owen tl-.'i
ra-c- t4aa money can br h'I'"e- on a.'-.. 't.
Ia;,s t.-l3y beng more generally than 3D. jog ..'.
t9g ,.itt .hC. Delaware Nts ah tA...t-... ah.
loaned as l9h as ls- r'a for l- USE aHo H'.'
and Essex 'otue. at la pr cent carrying. ID.
Larkrt closed lIit sulal.
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