New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-12-04
". T. MINING STOCK EXCHANGE SALES
THIRD CALL-2:30 p. ".
WEDNESDAY. Dec. 3--P. N.

WEDNESDAY. Dec. Bpm
Our usual weekly summary of the movements OF
grain at the principal ports shows that the receipts
of all grains at the four principal Atlantic ports for
the week ended December 2 were 3,972.555 bush
els being 902 $40 bushels less than the receipts OF
the preceding week and 939 573 bushels less than
for the same week of 1878. As compared with the
week of last year. the decrease was divided as fol-
lows New-York, So, 6s4 Philadelphia 256,375;
and Baltimore 495 229 bushels; Boston gaining
94.715 bushels. The decrease at New-fork was
due to the fact that the deliveries by the railroads
wero 1850 bushels less, and by canal
1s4 sos bushels less than those of last year;
the receipts coastwise gaining 73,43i bushels. The
total receipts at the four ports from January 1
to date this year were 2lO,99O,4lo BUSH
els, against oil s39,330 bushels for the
same time in 1878 increase, 29.656,5S5 bushels.
divided as follows Baltimore, 17396.O93; Phila-
dephia, D. III, 4OS New-York, 5000, s21 Boston.
2.l42 2G3 bushels. Last year to date New-York
received 1872 033,37 bushels against s9,3O6O67
bushels at the other ports, New-York's excess,
80. 727, 81 bushels. This year New-York has re-
cciyed 1927, 0361 100 bushels. against 113,96O,218
bushels received at the other ports NETWORKS ex-
cess, 10 O70, 9S3 bushels. At Chicago the receipts
and shipments for the week are not materially diff
ferent from those for the same week of 1878. But
il is noteworthy that at Milwaukee the receipts OF
last week were 49, 100 bushels less than for the cor
responding week of last year. although there are now
over 500 miles more of railroads owned by the Chit
cago. Milwaukee and st. Paul Company. contribu-
tory TO Milwaukee.
1t seems unnecessary to search for reasons why
the stock speculation to-day stronger than it
was yesterday beyond the facts that the stock
market IL a speculative market, and that prices
had been running downward for the greatest part
of three days. Undoubtedly o fair amount Of
trading short" interest was made during those
three days-a condition of affairs which the
manlpulators usually take advantage of 10 give
prices q quick upward turn. Ii probably
would be a mistake to attach any greater
significance than this to to-day's movement.
Stocks all opened from Il to per cent above
the closing prices of yesterday, and generally
continued to advance until after nooa. The
special features were the coal stocks and st. Louis
and San Francisco shares. Delaware. Lackawanna
and Western opened at 81. against s3ls, last even
ina's closing figure, and sold high s53i; Della
ware and Hudson opened at 74l2, against 73l2. and
sold up to 763i and New-Jersey Central opened at
74l4 against 1884. and to 774. The move
mens I'm these stocks almost directly traced TO
an operator whose special province is to trade upon
the short" interest by forcing prices rp and look
ing to that interest for market for his earlier pur
chases IL the movements of to-day were due to
that cause, they eminently success
full, because at the highest figures named
the short interest was reduced to a minimum
amount Hence there was sudden dee line after
$50 o'clock for Delaware. Lackawanna and West
ern from s5l2 TO S37s6S4ls, for Delaware and Hud-
son from 7Gi2 to 75Q75ia and for New-Jersey Gem
trail from 77l2 TO 757sQ76ss aud this decline
affected the whole market.
\ 4. Ga. ole A l.. 20
and ended at 1905 preferred stock sold at 4sl2S
SPAS o. and first preferred at 69l2 II 1870. Erie
opened at 80 against 1884, and TO 1888 closing
at 30as. Lake shore advanced only d per cent to
1O47s and closed at 1913, and Michigan Central
nuctnated bet ween 94lA and 9434. closing az the
lower price, Central and Hudson. with q busi-
ness mounting to 1000 shares. fell from 100
TO 1854, The Northwestern aud St. Paul stocks
advanced from Ss to 2os per cent but failed main
tain their best prices ut the close. The Wabash
and Hannibal and st. Joseph stocks active
and at one time were from TO per cent higher.
but closed with reaction of from l. to per cent
Louisville and Nashville and Nashville, Chatta-
nooga and ST. Louis notably strong and active.
aud after advancing and l. per cent respectively
closed of only l. per cent. The light weights
Che sapeake and Ohio. Mobile and Ohio C., Z. and
|. c., Ohio and Mississippi, etc. excepting Indiana,
Nluclunhtl anu lSaiaycttty NVic h'bH'i ""N -
better demand. Western Union lapscd into dul'
ness at lO6l2a 1914 Q1O7. and Pacific Mail rose q
per cent TO 81 H. closing at 30ss.
The final changes from last nights closing prices
are as follows:
Advances Illinois Central, L Michigan Central
and C.. e. and /. c., each 80; Chicago and Alton
Missouri, Kansas and Texas. Morris and ESSEX.
Northern Pa cfc preferred ana Union Pacific. each
IL Erie Is Marietta and Cincinnati first preferred
Northern Pacific and Reading. each q; Wells
Fargo g. CO.. and Northwest preferred. each .;
Burlington. Cedar Rapids and Northern. Chesa-
p cake and Ohio, Chicago. Burlington and ooipes,
st. Paul preferred, Delaware. ackawanna ana
Western and Erie preferred each l 1; Pacific NAH
lis; Manhattan Elevated and Wabash. ST. Lou',
aud Pacific preferred. each Ii; Northwest ana
Ohio and Mississippi. each lSs Mobile aud OhioS'
Paul and Sioux City and st. Lonlsand San Franeiseo
preferred. 1l2 Wabash. st. Louis and Pacihc 10,
C., c., c. and L.. Hannibal and 81. Joseph and Ito.
Mountain each Ia; st. Paul. rs; Chicago. 81 rSu,
and Minneapolis, Delaware and Hudson. Oaio snN
Mississippi preferred, and st. Louis and San iran.
cisco first preferred each 2 . ST. Louis ana ca
Francisco "a; Hannibal and 81. Joseph pfeis,iSSs
Lake Ere and Western and Louisville and Ns Nh.
VILE each gig New-Jersey Central. 2'e nna ne
VILE Chattanoog and sc. Louis. per Gem. Ia,
clines-Lakc Shore and Western onion' cay pjsr