New-York tribune., 1879-05-13

MONDAY. May l2-P. NJ.

MONDAY, May 12-P. NJ.
At the opening Of the market there not
trace remaining of the feyerishness or Saturday
night. The common stock of the Chicago and st.
Paul Railroad was notable feature open
ing at 40, it rapidly advanced to 46l4,
and remained comparatively firm at about that
price until near the close of business, when it
Welded to 4j5s 4153i The preferred stock was less
active and not as strong selling from SGls TO SG5s,
but closing at So. Northwest common shot from
G1l2 10 G2ll but in final business returned TO its
opening price while the preferred stock sold at 81 a
032iQ9F2a94. The transactions in the North
western stocks were comparatively small. Chicago,
S. Paul and Minneapolis continued trm, rising to
32d33 1924 and Burlington, Cedar Rapids and
Northern on small transactions advanced to 3S
I'm the early trading the trunk line shares sympa-
thzed with tine strength exhibited by the grangers,
and advanced from i to 2 per cent above teir open
ing figures but at no time did they seem to be
strong and in later business they declined to figures
below Il e opening; the shares of Erie, common and
preferred being notably weak. The Western invest
meut stocks were scarcely as strong as on SatuT-
day, but the trading IN them was Of such
small dimensions as not to be significant of
movement in either direction OF the Ow-priCed
Western stocks, Kansas Pacific on sales of only
1000 shares, advanced from 81 to 59l2 against
jGl2, the closing figure Of Saturday. Missouri,
Kansas and Texas was only steady, opening and
closing at 1Gl2 having in the meantime sold at
1G7s ST. Louis, Kansas City and Northern closed
at Il per cent advance above the figures Of Satur-
lay, while the preferred stock after advance of
Il per cent, in final sales sold at IL, "a
per cent decline; and Wabash, after making
a gain OF "a per cent to 36l2, fell 2 per cent to
84l2 its final sale Union Pacific was weaker, de
cIiuIng 20 and closing at 712i. The 81. Louis and
san Francisco stecks were all highcT-the common
IL the preferred s. and the trst preferred a per
cent ST. Louis and Iron Mountain sold as high as
2g3. after which it declined to 2S, rallied to 20
ana closed at 2s5s, or d per cent higher than sat
,.rday's final figure. The Ohio and Mississippi
movement suffered reaction, the price OF the
common stock closing at 154, or 3 per cent
lower than on Saturday, while the preferred Stock
after alyanung @s per cent 20 4O8s ended at 394
The SPECULATION in Louisville and Nashville made
further progress rise 10 70l2, although the final
sale, were at G93i 23s per cent above the closing
price Of SATURDAY.. The newest fancies," Indian
ayolis. Cincinnati and Lafayette, ana chesapeake
and ONO stocks were neglected.
The coal stocks all the time exhibited tendency
toward lower prices-Central Of Ncw-Jersey
40 one time dropping l per cent from
4f3t to 433.; from the latter price 1t
Wa, quickly forced up 10 44os with later
sales az 443s Western Union was more 1IeeIy
dealt n than Of late and its price advanced IRON iIon
100 10 1868 after Which II again declined 10 lo9i
u HlOJ 1.0 lOJJs. Pacific Mall was duI, WIN saies
aJ J15isa l43ia147s. OF the mining stocks AT tue
Stock Exchange there Is niue TO Dc sau' e4oCpv 5
tnat they were frH. Quicksilver preferred, now
cy, after having sold mp to 46, closed az "A 8 safes
With closing quotation ~ bid, 43 asked -,
Iha market responded only 20 the devices OF the
leading >pecuators, with such results that at the
eld Do was IL a condition waTanting its beng
luo;cd rs weak.
AANGE og IHE MARKEr
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