New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-06-17
o,, 900 o,cIocK p. VI.
THIRD,
MONDAY, June 16-P. NJ,


The stock market to-day active and dull in
nsrts few stocks were buoyant but the general list
of shares was weak Only five stocks recorded sales
that amounted to as much as 1000 shares each.
These five were Central of New-Jersey, 23,SO0;
Lake Shore 1880; Chicago, Milwaukee ana
ST. Paul 1900; Chicago and Northwestern
Is. 500; and Delaware, Lackawanna and Western,
= 900 shares total for the five stocks, So6OO
shares. out of the total business for the day OF
10o OOO shares The Central of New-Jersey stock
was prominent for its strength as well as for ITS
large part of the business done. Opening at 0Z's,
If RAPIDLY advanced to 537s under the purchases OF
a brokers' firm with Philadelphia connections al
tbouph in this case 1t is more than suspected that
the purchases were made for account OF nome
speculators. After this there was small
reaction. when the buying was renewed, and the
rrce carried to 54s4 ending at 54ss. There are no
new developments concerning the companys
affairs ST. Paul common stock continues
to be attractive to buyers, who to-day
Maid as high as 5434 and bid 54l2 for 1t at
the close The preferred stock sold up TO 1898 ana
ended at 03l4 The recent reported increase IN the
earnings Of the company is used as an argument Tor
the present prices Of these stocks. North
west common also was strong, rising to 677sa67's'
but the preferred stock was only Il higher at It's
best and only 1s at the close.
In Michigan Central there was smart movement
early in the dav. and its price was
advanced from TIA the opening. figures to 1888
but later 1t declined to 77l4, at which it closed.
showing loss of 4 per cent from Saturday Lake
Shore first fuctuated between 76ls and 1858 but
afterward fell to 75asG 75l2 and closed weak. Erie
dropped from 277s to 27l2 the preferred stock sell
ing at 81 g. bat closing offered at 51l2. Canada
Southern, the contrary, rallied to 57sd57 IL and
Central and Hudson sold at 119 ex dividend.
OF the coal stocks, excepting Central of New
jersey, Delaware and Hudson was the strongest,
rising to49s the Others IN final sales showing little
OF no change in prices. There was a sharp recovery
i'm the price of NewYOrk Elevated stock. 1t opened
at 1877 and sold up to 173; atterward 1t sold
ex dividend at 132Ol35. The dividend is
one share of Manhattan COmpanys stock
for each share of Elevated There was some
outside trading III the Manhattan stock at
as 10 so The closing bids for the two stocks were
1872 and 81 respectively, the equivalent OF $50 Tor
the Old elevated stock. The light weight railway
shares almost without exception, were more or less
OF from Saturdays figures, but the dealings IN
them were small. Western Union was dull at 1l45s
al143s Atlantic and Pacific higher at 39SsQ39,
and American District steady at 60. Pacific Mail
was neglected at 157s0154
In the bullion STOCKS the market generally was
depressed aud the business comparatively light.
Imperial further declined 10 ;P2.
The general market closed irregular.
RANGE OF STOCK MARKEL
As reported By Cold and stock Telegraph Company
Actual Sales Closing Bids shares