New-York tribune., 1879-12-17

Tie following are the deductions from the report
Earnings per ton per mile, 1873. O.9l cents 1870.
O7O cents decrease. OBJ cents expenses per ton
per mile 1878. O.59 cents; 1879 0.5i cents; de-
crease O.O5 cents; profit per ton per mile. 1873.
O.32 cents 1879, DIG cents earnings per passen-
ger per mile. 1878. 2.0j cents; 1879. 2.05 cents;
expenses per passenger per mile. 1873. 1.27 cents
1879. l.20 cents decrease, 0.07 cents profit per
passenger per mile, 1878, 0.7S cents 1879, 0.s5
cents increase, O.O7 cents. The proportion Of ex-
pcnses to gross earnings last wear was 50.1T per
cent against 1881 per cent in 1878.
Taking together the foregoing three statements OF
three railroads. each company more or less depend
ent upon the Others. and all virtually under one
management, the figures reported present an mex
pcable enigma, because the rates by lake between
Chicago and Buffalo Offer ed To the Lake Shore and
Michigan Central Railroads much more iofnid-
able competition than the canal rates from buffalo
to New-York of red TO the Central and Hudson
Railroad
The stock market to- ny opened weak. and fur
thcr general decline IN prices took place IN the early
dealings. Even the good showing of the Lake shore
statement only rallied the price of tnat
stock Is pr cent after It hrst had de-
clincd 3, per ccn', bnt the comparatively
poor showing of the Michigan Central Company
did not dprcSS the price of that stock below 3D. the
figures at which 10 sold before the character OF the
statement was known. Lake shore closed with q
final loss OF i per cent, and Michigan Central with
a final gain Oi X per cent. These Facts are the best
commentary upon tie speculation HAT can De
made The coal stocks were particularly weak
with notable fluctuations. Erie sold as low as
40os. against II II Yesterday preferred stock at
81 L. against 6ole Wabash az fl l., against 1913
preferred stock at Us IS against O6i2; Mobile and
Ohio al . l., against ~; ONO and Mississippi at
27ay. against 2sls; Northwest at S6ai. against
s7l2; aud -. Paul at 7lss, against 72is.
After midday however, steadier feeling was
developed. followed by sharp recovery and by
another partial decline but the last rrlces OF the
general list of stocks show an improvement over
ceptions arc the shares of the ST. Louis
and san Francisco Company, which were
weak all the time, although the common
and preferred stocks recovered y per cent fIom
their lowest prices C.. c. &. and l. also was weak,
closing ri its lowest figures. Central and Hudson
sold dividend OF 2 per cent at l2s'4, against
1871, a decline of 81 per cent. The telegraph
stocks were better in late dealings than they were
Yesterday but Western Union early sold at 1882.
Pacific Mail suffered further decline to 33Ss but
rallied 7s per cent at the close. The total transac-
tions foI the day amounted TO 3O3,O9s shares.
against 26G. 900 shares yesterday.
day are as follows: Advances-lnd.. Cin. aud La
fayette. Michigan Central, New7Jersey Central
Northern Pacific, Reading and Western Union, each
ii St. Paul. % Mobile and Ohio. Missouri, Kan
sas and Texas and Erie, each l. Chesapeake and
Ohio Ss Hannibal and s.: T:ioP Joseph Drefe1TeG ht@
and Terre Haute preferred. Kansas Pacific
@nd Pacific Mail eaSh L .,P Delaware lava e. and
c. and IC and Ohio and Mississippi preferred, each
Ia, and Chicago. Burlington and Quincy, 2l0 per
cent; Declines--L9ke Shore, Manhattan Elevated
Quicksilver preferred, each L Canada Southern,
Chicago. St. Paul and minneapolis, Erie
preferred. Wabash preferred aud American Ex-
press each u Northern Pacific preferred, %;
Morris and Essex, Nashville, Chattanooga and st.
Louis aud Central and Hudson each 3 Lake Erie
aud Western and st. Paul and Sioux City, each
81. Louis and san Francisco preferred and Quick
silver each Ia c., C., {. and l., 1l2; and 1t.
Louis and San Francisco common and preferred
stocks, each per cent.
KASGE W THE STOCK Markell
hfrSrcrted by n, GOd aud stock IseyrIph COMPANY