New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-03-28
sAIHs FROM 2lo O'CLOCK TO Gloss OF BUstNEss'o
=. C0yTfNUr1.
SATURDAY. March 27-P. VI.


Tho s+oo,, srocrlotion today generally developed
weak tone. which was only partly dIspeed by
bank statement, that specifically viewed, was re-
,orded "a . favorable exhibit because the surplus
reserves show an increase of $1Oo,022 altloutn
fine total reserves were reduced nearly Sl,oOo,oou
desnite the prepayment by the Treasury OF the
April interest on the per cent bonds-a pa! ihen'
which, having been made, can have no enect upon
the money market next week.
The business of the day amounte to 2ls,6ZS
shares. against 25i.4G5 shares Thursday ana
3O3 600 shares Wednesday. The principal factors
in Thnrsday's upward turn in prices-Manha'tan
Elevated and Pacific Mail stocks-tO-day, after
strongopening were about the weakest Stocks Oh
the list 4; Manhattan declining from 80 to 80, out
later rallying to 367s, and Pacihc Man
falling from 42ss to 30l204O4. Among the
particularly strong stocks Burlington, Ccd&r Rap
ids and Northern was notable for an advance rom
Il TO 79l4. and Rock Island and Chicago and Alton
were 1l202l4 per cent higher on small amount OF
trading. The Northwest and st. Paul stocks were
comparatively steady within a range of Ss0's per
cent. But Lake Shore Michigan Central and Erie
were heavy on an equally small business.
The coal stocks were special feature Of
the late business Early in the day Della
ware. Lackawanna and Western declined from
"a to Q29s Delaware and Hudson from 50 2to "a g.
and New-Jersey Central from S5l2 to 81. But after
the Inanagements had informed Wall Street that
on Tuesday the prices for coal would be advanced
there was sharp rally. Delaware, Lackawanna
and Western rose to 93S4, Delaware and Hudson to
$3.50 S53i and New-Jersey Central TO 50, but
Reading closed at its lowest price, G0l2. The an
nouncement would have been more entitled
to the effect upon prices which it had. If it
had not been accompanied by the statement
that the companies had agreed to a
total suspension of mining during the first
three days of April The latter statement is an
knowcdgment that the coal trade has not YET
reached point where doctorlng is not required.
Louisville and Nashville, after opening mp per
cent at 1G4 declined to 1913, and Nashville CHAT
tanooga and ST. Louis declined from 81 to S27s 50,
both stocks being weak at the close. New-York
Central and Hudson was again active. and with
sales of 10 900 shares rose to 1928. The Western
list of railroads. after an early decline and rally,
generally failed to close as well as on thursday
Western Union with sales OF only 17OO shares was
weak declining from 1914 TO 1O0a GIG, and A.
lautc and Pacific telegraph fell 10 per cent 10 ~ H.
The market closed feverlsh and unsettled.
The final changes from the closing prices Thur,
dav are as follows: Dechnes-Chesapeake and
OHIO and Erie preferred. each Is; Chesapeake and
Ohio first preferred. Delaware, Lachawann2 and
Western Lake shore, ana II. Louis and san ran
cisco each Il Missouri, Kansas and Texas, Ene
| Ohio and Mississippi, and Union PGcilc. each q I;
| St Paul Hannibal and 81. Joseph common and pre-
ferrcd, Lake Ere and Western. Central OF New
Jersey. Oregon Railway and Navigation Atlantic
and Pacific Telegraph, and American Express each
10; Reading. q; Illinois Central, keokuk and Des
N1,nes Michigan Central, aud Ohio Cen
trail each 81; G., c. and l. c.. Is; Louisville
and Nashville Manhattan Elevated, and Ontario
and Western each l Iron Mountain, X; Chicago
Darlington aud Quincy, L; Western Union, l'5;
Pacific Mail, - and Nashville, Chattanoosa and
ST. Louis. : per cent. Advanccs-li Houston amt
Texas and Northern Pacific. each X: Northwest st.
PanI preferred, and Delaware and Hudson, each L
Central Pacific, Metropolitan Elevated, and -. LOUIS
and San Francisco first preferred, each y; St Paul
Rcck Island, III; Central ard Hudson. rs; New
York Elevated ~; Ohio and Mississippi preferred
"a; Chicago, ST Paul and Minneap2lis,2 :; chicago
Northern, ol4 per cent.
RANGE or rHH STOCK Markell
A,,epor>d by the Gola ona sio:s 7tlssrrp9 c'ms1ny