New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-05-31
Annexed are thcclosing quotations of Thursday:

State bonds for the most part were inactive. Lou
isana cOnsos declined per cent TO II, and closed
weak az that figure.
A future of the railroad bond market was the
decline in the price of Metropolitan Elevated iirsts
from 100 to 105. with later recovery to 10Y. New
York Elevated. after rising to 116l4 fell to III Inc
new issues of Erie were weaker. as also were those
OF Missouri, Kansas and Texas, and Denver and mo
Grande Central of Ncw-Jerseys were strong all
the way through but the general list Of speculative
bonds we're either dull or lower. A noteworthy de-
cline was that of 22I2 per cent from the previous
sale for Toledo and Wabash equipment bonds
The stock speculation has paid little or no heed
to current events and although during the last
part of the week the prevailing tone of the market
was feyerishneSs the final gains and losses for the
week are about evenly divided, the losses with only
TWO or three exceptions not exceeding the fractions
of / per cent. The no longer denied bitter night
between the railroads east OF Chicago and ST. LOUIS,
and between Chicago and Missouri River points.
did not even check the movements ut the Stock tx
change the later reaction III prices being fully ac-
counted for by natural desire to realize profits
OF the trunk line shares Lake Shore, after de-
cline OF 1 per cent from the highest p fIoi'
shows final gain of la8 per cent, Mlcl-
igan Central closing without hnal change,
Erie. Canada SolNhern and newborn
Central showing losses of only l20 "a per cent
The ST. Pauls are 2ls per cent higher foT the com
mon aud Il per cent for the preferred, Northwest
preferred showing - gain, and the common Is I'M
changed The other Western and Southwestern
stocks generally show declines the greatest OF when
are Louisville and Nashville 5l2 chicago ana
AlcOn 1l2 St. Louis, Kansas CITY ana northern
preferred, aud Iron Mountain, each Il, chicago,
burlington and Quincy, and both classes OF tianh-
bal aud St. Joseph, each Is per cent. me lowel-
priced and later resnscltated fancies Iost pretty
much all the interest that shown for them dur
ing the preceding week, and Their quotations gen
orally were few and far between. New-lo rk Ele-
waited sold up to 200 but later declined to 1850
1872.
I'm the coal stocks, the trading upon liberia
scale and at advancing prices Delaware. Lacka
wanna and Western closes with a final gain of 2ls,
Delaware and Hudson Il, Central Of New.Jersey
Ola. and Morris and Essex per cent And this IN
face of the fact that the average sales OF coal for
five months of this year, rs shown by the auction
sales have been at a large decline from the prices
OF last year. as follows: January, 1879 10 80
against 80 80 in January, 1873; February ~ 46l4
against 50 3D. March, 80 80 against 80 474; April
So 23l2 against 81 40; and May, ~ q against
S3 20 Among the miscellaneous stocks. American
District Telegraph was unusually active with
transactions amounting to $4,000 shares and at
prices ranging from Gj, the closing price OF last
FRIDAY up To 72l2 and back to 6S. Western u mon
has iuctuated between 1928 and l4os. closing at
ILL and Atlantic and Pacific sold at l2G
393ia403i. The bullion mining stocks were active
both at the Stock Exchange and at the Mining
Stock Board; the principal features at the
latter Board being the sharp advance IN the prices
of B,dle and of Consolidated Pacific, with a
later reaction for Consolidated Pacific. At the
stock Exchange 25,900 shares Of Standard
were sold at from 297s up to 3l9l. H0mestake,
with only moderate amount of business advanced
from 3Ia, to 81 The sales of Sutro Tunnel were at
15s and IA The friends of this enterprise clam
that the water will be let into tie tunnel fr3m the
mines ON July t. when they expect rapid advance
in fine prce Of the stock Certain il is that the day
is near at hand when either the practical dement's
or the total failure of tins great undertaking Will
be finally determined.