New-York tribune., 1879-09-18

.apkee ard ST. Paul Railroad for the second week
~ tSentember. which showed an increase ot III. ~"
over the camincs ot the same week iaSl year 'nS"
I''e,riS doubt that the reported earnings oi the
=, p,ul oupauy now includc the earnings OF tna
svos,,rn mon Railroad. while the figures for last
.esr with which the COMPARISON is made, do noi.
& IN, earnings iOr tins year are those of over 100
,niles nrpired with the carningSot l,1li miles
wear aro. Ou this basis the eatnngs per mile Oh
Soad now arn less than they Were a vear ago.
Among tine trunk line shares. Lake shore sold nj
Ns hest h-urc ial'S AT the opening. and WAS fairly
well sustained az about 81 until atier2 O'Clock.
II, II i.rlucd To 8OloGa GaOlo Michigan Central
was opened Gp = per cent AT S3ls. sold AT S3ls
SOS d - hut closed quoted S2l2aS@3 Ere was
inactive selling at 261sa26i2. and the preferred az
5OI. Il 81. AGAINST 5ol2 yesterday. The dealings
In ihc southwestern list OF stocks tulrd
to present The interesting features that lately
were attached 10 them. The Hannibal aud ST..
Ios,ph stocks were comparatively dull and do
clncd = ior the common and per cent tor the pre-
ferred stock. the latter. however, aiteTward rccov
eriug 3. per cent. Kansas Pacific was steady at Y
after selling down at 7ll. Missouri, Kansas and
Texas roso 10 17Ss and fell 10 1GAS ST. Louis. Kan
eas city aud Northern declined L. the preferred
stock gaming - per cent. Iron Mountain, after
rising Ia per cent to 4O's, finally closed with
q gain ot X rcr cent, AID Wabash sold
nj i2a il3, 9lli2 Ohio aud Nj sissippi opened
strong at l.. weakened TO | 7 and closed at l73s
The books ot the OHIO aud " ssissippi Company
close ON September p. and II may prove 20 tle iu
tereSt oi stockholders that their stock shall stand
iu their own names on the bOOAS of the company nj
that date. The average OF the newer tancles
hardly were sustained at their previous quotations,
although IN most instances the dealings IN them
were insufficient to establish a market. OF the
latest revival. Toledo, Peoria and Warsaw. there
va~ recorded sale of another 100 shares at 10.
There Is nothing new of an affirmative character,
10 relate of the coal properties nor of the prospects
OF amv arrangement being arrived at between the
companies. seemingly the companies are as far
apart row "a Nhen Mr. GOwen. on Aprll y, 1879,
published his letter to Mr.. John Livingston, i'm
which ne saiO " The management OF our affairs
by people last year nearly drove 20 the verge
OF bankruptcy. - You Will, of course, agree with
me that u is not part Of the business of the Read
ing Railroad Company 10 make the traffic Of other
companies profitable The pTices of the coal
stocks. however. went through their usual gyra-
tios Of mp ard down, resulting in declines Tor Della
ware. Ltckawauna and Western OF Is and Morris
and E,Scx oi - per cent. and advances for Dca-
ware and Hul.Ol of Il and Ncw-Jerscy Central OF
J. per cent. Western Union was weak, alihough nj
one time il, price rallied 10 81; the hnal sale was
al a3as JOSS OF Il. on light transact ions.
Iaciuc Mail fiustuated within range OF y per
cent. nnaIiy ending with "a loss OF ls per cent.
Ouck-iIVr. common stock was dull. declining j
the preferred more active, rising per cent % 4,
anl hnalg closing az 5OA.
Al tae 81 Sc the market was feyeush and irTegu-
lar.