New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-11
rHIRD CALI . O'CLOCK T. v.
THURSDAY. July lO-r. NJ


The subsequent transactions in tie Wisconsin
stocks furnish conclusive evidence that the OPEN
ing figures for them to-day made for the puT-
nose Of selling the stocks. So far 81. Paul com
mon stock is concerned the manipulation seems 10
have been an entire success or the success IN the
case of the other stocks there perhaps is some room
for doubt The first price of ST. Paul common was
53I2. against o. its highest figure, and
the figure at which it was offered at
the close yesterday. But there was sufficient
demand to cover short contracts To absorb about
600 shsres at this highest price, after which 1t
settled to about 52ai and then broke to BIS This
decline was followed 10y several fluctuations oil I4@
10 Der cent. and the final sales were made at
b2ls a decline of Is from yesterdays last sales
after transactions amounting to 81 600 shares. The
preferred stock was opened mp Il at 92a but
aferward declined TO 81 7sG92, the total tranSac-
tious amounting TO only 900 shares. The North
westerns were less active, but after opening
higher declned-the common Il and the preferred
stock . per ceut-latcr recovering b and Il per
cent respectively The transactions III these stocks
III. 600 shares of common and 800 shares of pre-
fcrrel-did not indicate that much success attended
the apparent efforts TO realize. There was no bad
news from the West to account fOr tho decline in
prices, but. the contrary. the reports received
were more favorable than those of yesterday.
ern shares was continued, and the partial closing
reactions from the lowest prices that occurred with
some were immaterial and insignificant. The final
changes were as follows: DeCinos-MlssOuri,
Kansas and Texas 3d. ST. Louis, Kansas
City and Northern ., Wabash, and ST. Louis,
Iron Mountain and Southern each ], and ST. Louis,
Kansas City and Northern preferred Is per CO, {.
Hannibal and St. Joseph common was steady, the
preferred rayug 3 and later declining p per cent.
With more than usual amount OF transactions,
Kansas Pacific rose from 81 to 90, ending al 5@'ii
YET, uatU Outstanding that the business OF thc COM
paly J., iucreas ng-tlc gain IN lbs earnings For the
FIST six months OF tine year amounting 10 1000,
or over 1913 per ceni-lt lo questionable no" much
OF the 1900 shares reported SOLD to-day was IN the
nature of genuine tTau-actlnus-at least II ls Qles-
toned by operators. Louisville and Nashville
opened at q decline of - pr cent at CO.'S, and
1900 shares were sold above 90 during the
carl hours OF business, but AFTER mat
the next sale ct 80, followed by rapid decline
L. - p. and q later recovery To JGl2 With final
sales al 90. II Is not improbable that fear of yell
low fever may have started the selling movement
IN this stock, and that stop orders continued II
The trunk line shares to-day were conspicuous
rather for the strength of their prices than for the
amount or activity of the trading. The business
III Lake Shore, however, was more than double
that OF yesterday, and its price was advanced o per
cent 10 74l but the later sales were al II g. Mchi-
gan Central made final 2aiu OF lsperceut but Ene,
after seliingeary at Zs48aZo 4,hnaliy closedatZ''6
While these stocks to-day were the strong ones in
the present "sec-Saw market, il is not impossible
that tomorrow the action may be reversed. Httle
OF nothing was done IN investment shares, but
New-York Elevated sold as low as 125lo and Man
haitian 20 81. recovering 10 80. OF the coal stocks,
tie two Delawares were weaker; Lackawanna
and Western declining l per cent 10 81, but
closing at 57as, while Delaware and Hudson
and Essex, with sales of 1,4OO shares fuc-
tuated p per cent finally closing unclaimed
from last night: and New-JeIsey Central, after
de lining to OIL, was 517s al the close.
The telegraph stocks were dull, American District
declining D. the Others being unchanged. The
mining stocks presented no new features. \ better
demand was noticeable for SutrO Tunnel, and It's
price returned TO az sales and bid.
The market closed dull but tcyerish.
RANGE or ruE STOCK MARKET
10 reported b ne cold and Stock telegraph Company