New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-07-18
rnIRn cALI-2La O'CLOCK P. ".
THURspAr. July II. NJ.


The stock market opened this morning with an
exhibition Of great eagerness to purchase the stocks
that nave been the special favOrites of the recent
speculation, and their prices were rapidly ad =
vanced during the first hours business.
The total business of the day amounted
10 2Os.9OO shares. against $4,000 shares
Yesterday and 10000 shares on Tuesday. Yet
notwithstanding the early excitement and the
amount Of business DONE the final prices generally
show gains for the day amounting only to small
fractions and in some instances show a small de-
cline from the last prices of yesterday. The WIS
consin and the Michigan stocks were the prominent
features Of the speculation, and Northwest common
advanced l. per cent to IL and ST. Paul common g
Der cent to 56l2; but final transactions the pnce
of the Northwest stock was unchanged from that OF
yesterday and st. Paul showed gain OF
only u per cent. The dealings in the pre-
ferred stocks OF these companies were light,
and that Of Northwest advanced only i per
cent. which before the close was converted
into loss Of 81 per cent ST. Paul preferred gained
l. per cent but finally closed with a gain Of only
L per cent. Lake Shore at one time was 3 per cent
above the closing price Of yesterday, but ended
with gain of Il per cent, and Michigan Central,
after advancing g per cent finally ended u per
cent better than yesterday.
There was more activity in the coal stocks, and
an advance In their prices ranging from IS to & per
cent but these too later reacted, so that the final
gains were rs follows Delaware and Hudson y,
Delaware, Llckawanna and Western and Morris
and Essex each q, and Central Of New
Jersey 3 per cent The investment shares
were strong and generally fraction higher, but
New-York Elevated yielded Il per cent to 1851
The movements in Hannibal and st. Joseph stocks
noted yesterday were continued IN the early trad
ing to the extent of per cent advance for each
class, bu in final sales the only change from last
night was a gain Of a per cent for the common
stock. Erie stocks were dull, improving a fraction
but later losing 10 and closing with loss OF Il per
cent for both the common and preferred. The
Southwestern shares were inactive with gen
eral advance of about i to IS per cent, but
Louisville and Nashville finally declined Il per
cent. Among the telegraph stocks, there was more
trading 10 American District Telegraph and there
was an advance N It's price of 2l2 per cent, while
Atlantic and Pacific declined l. per cent and was
weak. Western Union was feyerlsh, and huc' uated
frequently between the extreme prices of the
day, s9ls and 90l4, finally closing at co.'s,
gain of L per cent. Among the expresses, Adams
was weak, declining g per cent, the Others
beng steady Pacific Mail was more active.
and after opening at 14l2 recovered TO 1888.
IL was learned to-day that the judgment
affirmed by the United States Supreme Court
OF the City OF New-YOrk amounted 10 about $685.
OOO, and that, although the Judgment was rendered
IN MAY, the steamship company had not paid any
portion OF the amount due, which is increasing at
the rate Of per cent month.
Inc market closed tame and not over strong.
RANGE or TIE STOCK Market
Is reported Jy the cold and stock Tstsgraph Company