New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-01-29
THIRD CALI.--2:3U r. NJ.
WEDNESDAY. Jan. 2s-P. N.

WEDNESDAY, Jan 2S-P ".
The stock speculation continues to 4" BOOM" but
il does 80 irreguarly. One day IL is one class OF
stocks which attracts the attention OF operators
and the next day another class. To-day the special
features were Lake shore, Michigan Central, North
western, ST. Paul, and Nashville. Chattanooga and
II. Louis stocks. while those stocks thatVere par
ticularly active yesterday were comparatively
ouiet although as a rule their prices either
were fully maintained or an additional fractional
advance was made. OF Lake Shore there were
os 300 shares traded in. with advance from
1929 to 1O4A0fOlIs. Michigan Ceatral, while
less active than Lake Shore, almost as strong
advancing from 90s4 to 924a92
Northwest was active and rose from 90is
10 0l7s and st. Paul advanced from
1884 to SOG797s. 1t was thought that the
ST. Paul directors at their meeting to-day
would declare the April dividend but they did not
do So and at the office all information refused.
But from an unofficial source we receive the follow.
ing statement "a a copy of one that was submitted
at the meeting:
oross earnings wear 1879 ACKNOWLEDGEMENTS. slOOl2s20
Operating expenses and tares...........-. 547S7'S
Net earnings s.5sao9s
Add interest secured on money 1879 G9O67
To,al si,COsOoi
DiSidesd o. ga per cent on preferred .
Dividend of % per cent on common no. ,oe
stock paid in October lS79......,.- 3s5lOS o-ooo.
poapee. sI.ss,,7s6
IL will be understood that this interest item in
cludes the interest paid during the year. aud not
that which accrued. The figures represent pay
ment on an increased debt OF only about -. OOOJOo
while the actual increase in the amount of debt on
which interest hereafter will have to be paid IS
probably not less than S12O00.O00.
Nashville Chattanooga and II. Louis was un-
usually active % 600 shares being traded in from
"a ND to Ssos and back to So. The dealings in Erie
amounted to 10000 shares, and its price rose from
46ls to 47l4; but the spirit of the specula-
ton in this stock seemed to be oil for inc
moment, and its price declined to 4o's@
1919. The Hannibal and st. Joseph stocks, With
ont attracting n large amount of dealing, weie
strong and made about the best advances OF the
dov The st. Louis and San Francisco shares. WIN
very small transactions, improved their prices ro'
3. TO L. per cent The other dealings were lnssi
| niicant and without material changes In the hnu
quotations.. HI, ,,. Nth
| the stock of Central Pacific the syndicate paw
lug announced by circular that the private appnIa
tons for the stock so large they have deciosa
not 10 dispose of 1t st private sale, anS tnd rao
first 80 900 shares will be offered at the Stock tx
change tomorrow morning at scale OF prices
ranging from 80 to S4. it being intended 10 enec'
| an average of 80" ,,. ..s,.,.
| day are as follows: Advances-Canada southern,
| O. G.. and l. c. and Ind, Gin. and Lafayette eacn
e.; Cleveland and fittsburg. pelaw,are and
Hudson. Northern Pacific, c and We wss, nra.
fe Ted and Metropolitan, each %; Rock Island
Northwest peSrsd St w Psg p Missouri
! Kansas and Texas, Central and Hudson ana
Wabash each ia; Erie preferred, 90 Albany
and Snsauehanna Mobile and Ohio Era 81, L9 pa'
eife Mail. 81; New-Jersey Central, g; Alton
and Terre Haate preferred Houstcp and Tr de1ss
Central, American Express, and Wells faiso ,n M
San san Francisco Fra" second preferred s. Paul Kan
sas Pacific and S. LOUIS and San frdn sps Sbores
eaci, Is. Cedar Fails and Minnesota. Hannipai ano