New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-04-18
SECOND CALL O'CLOCK A
-rInn cAII.-2:3O O'CLOCK p. N.
THURSDAY. April Up. II.


The business in stocks to-day was less active than
it was Yesterday, the total transactions amounting
TO I7s.9OO shares. against 223, 500 But the chief
interest continued to be manifested in the Missouri
Kansas and Wabash Railway stocks. The Wabash
vas largely dealt in between 23ls and 23's but
closed at its opening figure, 23l2. Kansas Pacihc
opened .. per cent lower at SO. and fell 10 33L2
later raliving per cent and closing at 371t, show
ing net decline from last night of p per cent.
Missouri, Kansas and Texas opened at an advance
of - per cent from last nights closing price ana
after selling up 10 Is. declined to 1iis ana
closed at 14l2. showing a loss OF q per
cent from the closing price OF yesterday
Hannibal and st. Joseph common sold ut
1851 1913 and the preferred stock at 43a42ls
ST. Louis. Kansas City and Northern common stock
wac particularly active, first advancing from 1Ol2
to -. and then declining to 1O7s while the pre-
ferred stock after opening at 34la frequently huc-
tuatet between 342l and SO, finally closing at
5i7s. The ST. Louis and San Francisco stocks were
actively dealt in at higher figures, the first pre-
icrreI rjsug'tu 23l but finally closing at "a.
There were 800 now Developments concerning these
stock, nor rumors thai affected heir values, and
the frequent hGcuarons that wer' NOTED were
simply exhibition of hdfurM feNtfl~Ahr@7 lo--
lowing the rapid advance OF Their prices during the
last lew DAYS.
OF the trunk lire stocks. Michigan Central con-
ti-1rs 10 exhibit notable weakness, the sales of 10
to-day being al from SOS 90 ol4Os2 The lndl-
cations of the large "short interest that was
supposed 10 have existed u tins stock some tiue
AGO when II was selling at about 90, appear 20
have disappeared entirety rom lHc market ana
tl1+ without any signs of the stoCk having been
ulTcl l~e Therefore. some OF the wise heads or the
Stock Exchange begin 90 assume that the short
interest really represented tie sales of ~ long
stock Lake Shore continued dull, tiuctuatlng
within range of y per cent and closing az us lowest
figure. while OF Canada southern only nifty shares
we're sold at Ii2. Erie stock was plruc.a.aI.y
firm and on transactions amounting 10 2O6oO
shares advanced from 25a4 To &6"sa264; accom-
pauylng tins advance mere were numerous
''pouts' given ont that the lOng-DrumlSed move
mcut If its price 20 30 low fairly opened. Tins
rumor we repeat for what II may De worth. The
transactions ia Central and Hudson were al at 1lG,
but were without feature. lue W -seo4s4n STOCKS
were scarcely a strong although they did not close
at tine lowest figure of the day ~. faul common
ralIvng Il, Northwest IS, and the preferred stock
IL the coal stocks there was another "combua-
ti0u craze and under line purchases made for aC-
count OF a new pool m Delaware. Lackawauna and
Western stock prices were better all around, but
taqv we're NOT fully sustained nj the end. Della
ware. Lackdwauna and Western first sold IRON 30
TO Is, and then, after rising to JOos closed at 3U-s
Delaware and hudson sold at 4OAlU4l 4, ana Zen
tral of New-JeIsey al 4O'sa 4l"sa Il -t Concern
ing the tax about tue COMPUTATION IT seems scarceI
necessary to repeat that il has no existence beyond
the circles of stock speculators. western Union
with light business Was weaker, declining 10
IOJ7-GlOGls. and Atlantic and Pacific telegraph
with au unusually active trading tel from 81 70
3jl atcI raj wing 10 36lz and closing az 30 .. For
reason was 4Eed and the movement seemed 70
he q surprise 90 tine Board. Pacific Maui was more
active with sales mp 90 ID. We should not forget
To notice The sudden and active trading u c., G. ai
L. e.. stock that advanced dts price from q To "A.
The supDositIOu IS thar judge Harlan of THE
United states Court, VIII soon render us htclrlou
iutuc case against the Pennsylvania Company, and
thatIt Will be I'm favor of the bOudh0acrs OF the
Co. &. and i. &. Road. IL may De remarked that tIe
General Term OF the Supreme Court of tlc state of
NeN-lurk recently affirmed the decision of the
court below iu the case of A. G. Brown AGAINST the
PENNSYLVANIA Railroad Company. TINS was "a suit
brought by the plaintiff against the Pennsylvania
Railroad Company as guarautor of the interest on
tie bonds OF the C.. G.. and l. C.. Railroad Company.
The defendants demurIcu 90 the complaint ana the
demurrer was sustained by the court.
IL mining stocks, Tor the small amount Of busI-
ness done. there was a very lively movement IN
both CLASSES of Marp0s1. The Homcst.ac sold at
3I43I5.. OutaUO at 4OI5 u tOll and standard II
2~a27l..
lie market closed irregular and feversh.
RANGE 0s UHl STOCK Market