New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1879-08-05
,. NJ.
THIRD CALL-2:30 P. v
Bertha & Edith
MONDAY. Aug. 4-P. NJ.

Al last the stock market has met with reac'
ton. To-day developed some hesitation III ths
speculation, which, however, may have been que
only to the unexpected excitement III the money
market on Saturday. ALI the current reports, ln'
Guiding cable dispatch announcing an Immense
amount of damage to the British crops by a storm
on Saturday. were as favorable 10 speculation as
such reports have been on any preceding day. les
the market was feyerish at the opening, with an
evident desire the part Of operators to re-
alize the profits that until sales were made
had no surer foundation than figures on paper
After the first decline there was sharp rally,
which, however, not sustained to the close, ana
about the lowest prices prevailed at the end.
The transactions amounted to 2OO,ooZ shares'
aoaipst 23s. 800 on Saturday and 239 800 shares
ON Friday. As usual. the Wisconsin stocks were
prominent in the dealings and as they had adj
yanced with the greatest rapidty, so they yielded
the more easily to efforts to sell. Northwest cons
mon declined from 76l4 to 74l2074s4 st. Paul com.
mon from 6sl4 to 66l4G66S4, Northwest preferred
from 9s7s to 98lA and ST. Paul preferred from 96ls
70 95IQ9584. Chicago, st. Paul and Minneapolis
Welded 81 and Burlington, Cedar Rapids and North'
ern -. per cent, each closing without
recovery. Amidst this apparent loss OF
coufdence in the values of Western stocks, the
friends of Fraukfor and Kohomo stock manipulated
an advance in the price of Z per cent making it
sell at 32l2.
The trunk line shares were less disturbed than
were the grangeTs"; but excepting for Lake
Shore there was some yielding OF prices LAKE
shore first declined from 80 4 TO S1os but later III
rallied TO S23i and ended at S20 SIS. Michigan
Central declined from S3l2 to S24GS2l2; CANADA
Southern from 60 to 5Sli45Ss4, Erie from 2ols
to 27940277s and tho preferred stock from 520s TO
5211, There was such general realizing among
tine Southwestern shares .as To give to those
securities a very ragged appearance 81. Louis
Kansas City aud Northern fell from - 10 ZOl2
G2lls preferred stock from 577s to 55l4G507s,
Wabash from 3eSs to 3S8s63Sos, and ~. Louis,
Iron Mountain and Southern from 20 10 2o'a 2SSs,
Missouri, Kansas and Texas and the Hannibal and
ST. Joseph stocks were only fraction lower Ihe
investment railway shares were dull, but generally
a shade easier as 10 price. The coal stocks were
heavy from the opening TO the end Of business, a-
though there " as good rally from the hr.t declue
Delaware, Lackawanna and Western sold at QUA
and $685. closing at 59os Delaware and Hudson
declined from 49lt Saturday to 4Sa4S%4 Morris
and Essex from 92s TO 02GS 2Ss and Cen trail OF New
Jersey from 81 10 5l7sG52l2 Western Union
fuctGated between S9os aud SS', finally closing n
Sgls nchang ed from saturday night. Pacine Slab
was dull at 147sG 14Si, aud Adams Express furenor
Welded to lO3 with sales at lOl Z sellers ~ days
The market vas feyerish at the close but IL 10y no
means Is certain that the easing up Ot money thls
afternoon will not encourage renewal oI specuIa-
ton Io-mOrrow.
RANGE OF THE STOCK MARKET.
As reported On tie and Stock telegraph CoaDdRI
Actual Sales Closing Blis odates