New-York tribune., 1879-08-27
rnran c,nI-23o p. m.-Continued.
TrEsDAr, Aug. 26-P. ".

TCEsDAT, Aug. 26-P. ".
The stock market to-day less active than it
has been of late the total transactions amount
ing TO only 153 900 shares, against oil 900 shares
Yesterday The tone Of the specuation was fever
ish and BETRAYED feeling Of uncertainty. which
was made more manifest as the day passed away
without any relief to the local money market. As
usual few stocks monopoliz ID most Of the trans
actions Ave contributing 1902 500 to to-day's total
As to prices generally they dropping
rather than filling; but the continued dropping
made some material declines as marked by the final
prices. Lake Shore was the strong stock of the
dav, and IT'S strength undoubtedly prevented more
serious decline in the general list. The price OF
Lake Shore opened at S63s S55s. but was steadily
lifted to S77s and closed at 1873. gain for the day
of u per cent Michigan Central rallied 's per cert
but finally ended at S1Is the as last evening.
The Fries at first showed some strength, the com
mon stock rising to 25. hut later il declined to
24ls62i2s: the preferred stock selling at
t9457s--1ecliues of ss asd 7s per cent respec-
lively; and G., c., C. and l. declined from 5ols
to 49lo.
Among the granger stocks, Northwest common
was used ~ the Sustaining power, and its price
was raised from "a 20 TO finally closing at 74l. In
the meantime Northwest preferred declined from
e75s TO 971sa9714, and ST. Paul pref rred from %
TO 941s; ST. PauI common selling at 63l2GG4l44
G3I, against G3at the last price Yesterday, and
Chicago. St. Paul and Minneapolis fell from 39ls to
3s1a The later crop reports from Minnesota are
not rs favorable for r large Weld were some
of the earlier estimates. 7ke 81. Prl Pioneer
Press which heretofore has been among the most
sanguine of believers in large crop for the State,
in late issue saws that the damage by blight proves
10 he much greater than was supposed, and that
"it is doubtful if the southern counties VIII show
an average Weld of more than nine or ten husheiS
North of the Minnesota River. along the main line
of the ST. Paul and Pacific. the threshcrs reports
Indicate that the crops will hardly gye an aVsraGe
result of more than twel We or thirteen bush
els per acre. instead of fifteen as was cs-
timated. Further north the Weld is better,
and we see reason to reduce our estimate
nj ot leaSt seventeen bushels for the Upper Mssis
siuui ard Fed River region Instead OF 4O,OoO,OO0
or 10 COO 600 bushels as was first estimated the
aggregate crop of tie State, II IL row doubtful II
we shall have total crop OF S3,0C0O0O bushels.
The one fact which alleviates this disappointment
ia that the grain is uniformly OF excellent quality.
Very little of it viii fall below No. 2. and large
lrop0rtion of II will grade Nc l." This statement
iustifes the estimate of the Minnesota crop we
made some four weeks ago.
The Southwestern shares generally after slight
fuctuations closed at declines ranging from Il to
/ per cent the latter for 81. Louis and san Fran
cisco first preferred. The late upward movement in
Louisville and Nashville stocks seems to have sub
kided. the stocks TODAY being dull with sales of
only 900 shares NJ "a and SO. Hardly any business
is doing in the investment shares but the little that
Is doing is ut shaded prices Chica0O and Alton to-
day declined per cent 70 80. Little was
done in the coal stocks, but Delaware. Lackawanna
aud Western sold at 57G51's@ 500, Central of
New-Jerscv at 5O7s6 5O12. and Morris and Essex at
OF laS91o The spectators in these stocks care 50
little abOut their intrinsic merits that the coal sale
10 be made tomorrow not the su ioCt of dis
cussiou-hardlv OF thOught-tO-day Western
Union was dealt in only to the extent of 200
shares at first its price rallied y DeT cent to
033. bnt later it declined to 9212a9231. All the
sales OF Pacific MaIl 800 sLares) were at 1G5s an
advance of i per cent 1t being considered credit
able 10 the company that it yesterday raid about
one-thrrd of \ debt upon which it has been paying
per cent per month interest besides legal
penses, for the last five years.
The market at the close was duh and weak.
RANGE STOCK
rs reported by cold and Stock Tsts7rIph Compgng
Sales--- Closing shares
~ uIch,L OWL. Elnal Bill Aakn!. Sold.