New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-06-18
rHIRD CALL-2I2 O'CLOCK p. NJ.
TUESDAY, June Typ. v.

TUESDAY, June Up "
A larger business than the recent average was
done i'll stocks to-day, the total transactions
amounting to 1644S2 shares, against 129O5S
shares yesterday but usual. few of the special
ties furnished the bulk of the total business-Chi-
caso and Northwestern, 20, 900; Delaware, Lacka-
wanna and Western, 1900, Lake Shore, 21.1O0;
Chicago, Milwaukee and st. Paul. 10, 700; Contra
of NewJersey 10 800; and Erie $500 shares; total
for the six stocks named. no. 800 shares. Except
ing in Western Union 10, 1G0 sharesl the dealings
in no other stock amounted to as much as 5000
shares. The market showed less lrregu.arlty than
of late the movements, after the earlier business
being generally toward q lower range OF values.
and resulting In final declines for the active stocks
ranging from ss to 2ss per cent.
The best-sustained stock OF the day was NOrth-
west common which, after declining from 673i to
667s, rallied and closed at 67l4. The preferred
stock also was held up better than the general mars
ket, selling at 977s00G4097A An unofficial. but
probably nearly report, that the earnings OF
the company for the second week of June show an
increase of 500, 900 over those OF the same week Of
1873, and for the two weeks of June an Increase OF
1852, 600, undoubtedly lent support TO the prices:
Only year ago the prices Of the stocks were % and
10 respectively. ~. Paul, both common and pres
ferred, stocks were weaker, declining l"s per
cent each, and recovering l. per cent OF
the decline. Lake Shore was weak IRON the
beginning. and alter a rally OF - per cent shows
final loss OF y per cent. The common talk to-day
about the dividend for six months was OF per cent
instead of per cent, the rate that IL had been con.
hdently asserted would be paid. Michigan Centrai
was dull and only declined has per cent. Enc
was dull between u and 81 with final sales al
2744
The coal stocks were all weaker Delaware and Hnd-
son declining 23s to 1854 and later ralyng 10 474
bid Delaware, Lackawanna and Western deeln-
ing l5s 10 577s Central of NewJersey rs to 52l2
later selling al 90 and Morris and Essex Ia TO
S7a4 Some influence on these stocks perhaps was
due TO an article in Yesterdays PhiddetDhid Ledge
which admitted hat schedule prices Tor coal were
not maintained, and suggested that unless steps
were taken To limit production there might be
serious break in prices. Among the low-prced
fancles the weakest stocks were ONO and Mis-
sssppi common, St. Louis, Iron Mountain and
Southern, aud the Hannibal ana st. Joseph shares.
Investment railway shares were neglected, Duo
when sales were made they were at COM
cessions Of y 10 l per cent, the latter toe
Central and Hudson. Elevated stock sold
at 1310l32d l30l2d 13l, against 131 yesters
day. Western Union declined from lliss 70
l1Z3s and closed ut 1 -, and Atlanuc and Pacific
Telegraph from 3Sl2 to 3S aud 3I4 eX dividend.
Pacific Mail sold as low as 15ls but rallied to lo-a.
a final decline from yesterday oi a per cent
This was another day of depression for the gems
eral list of mining stocks, although at the close
better tone was observable for most of the stocks
representing productive properties.
The general market closed weak at small re-
covery.
OF THE STOCK MARKET
as reported by Tee GOtd and stock TsegTdph Company