, 1880-02-26
By TELEGRAPH.
NEW YORK.

Special Dttpdtch to The Chicago Tribune.
NEW YORK, Feb. 25.-The market opened hes
ftatingly, and there we're many anxious faces in
Wall street this morning. Gould and Sage broke
broke the market yesterday SO suddenly that
there WIS much uneasiness as to what their tae-
tics might be to-day. Yesterdays rnid Was very
cleyeriy executed. Just before the close bro
kers were employed 10 bid up money, while
others were stationed among the different stocks
to break them. Five minutes sutticed to break
down tho whole list, and there WAS no recovery
To-day Gould has made no sign, but SaYe was IL
buyer of stocks Mt the lowest prices. Prices
opened at the lowest point, and continued
with 1rregularity, without much recovery, nn-
hl afternoon, when, under the leadership Of
tho & coAl stocks, which have been strongly
and closed firmly, but very dull. Tho short
interest has been largely increased to-day with
the market is divided. Keene and D. o. Mills,
with considerable following, hnve faith in
higher prices. and are large holders Of telegraph
and coll stocks, Pacitic Mail and Lake Shore.
uud Erie Goum, on the other hand, believes
The market in Il condition where prices are likely
TO renct Sharply any moment. He thinks the
country improving in IN unprecedented de- gree,
end bus fnith in the railroads built in new and
growing sections; but thinks the spirit Of specu-
recently the activity Of muucy has attracted his
attention, rs also the foreign movement in cx-
change. stit1ening from day to day. It is be-
II.
Gould is guing West next week, and It Is
thought will endeayor to create stAulprde be-
fore he leaves Much better feeling prevails to-
night, but conservative operators advise eau
ton.
10 the Weyter, Associated Press
new YORK, Feb. 25.-Governments weak and
4zGI lower.
KuiIroud bonds were depressed In the early
dealings. but closed firm.
State securities dull,
The stock market was generally lower in the
early dealings. the decline ranging from u to
~ per cent Western Union, Atlantic s. Pacific,
the tirangers, Eric, Pacific Mail, and Iron Mount
afternoon the Secretary Of the Treasury nc-
cepted double amount of bonds for the Sink
Ing Fund. which he advertised for,-thnt is to
ssiy, he took sssouy.oW instead Of SlooU,VO0. The
purchases were all confined to the is. For 6s
OF ST he paid l0510 70 1N5.ss3, and for the 65 Of
20 he paid lI}674 TO W3.:9. T1is action of the
ket, and strong tone to the stock market,
which advanced Il TO * per cent the tcIe-
grnph shsres, the trunk tines, and coal stocks,
conspicuous In Improvement '
Transactions, $4,000 shares: 61.ooo Atlantic e.
tacic ItseEraph npil m ~ canada southsEu 3o
lndianu Central, l.1O0 Chicago St Louis L New
Orleans, l.1tN Central Arizona, $500 Lackawun-
a. ,tO Delaware s. Hudson. 5000 Erie, lSO0
Mountain, 1900 Kansas l. Texas, 1900 Lake
Shore, 4.so0 Michigan Central, 4OOO Marietta T.
cincinnati first preferred tclosing ut l2.;> l6O0O
tcl''sing 1T ln4t. 16,00 New Jersey Central auy)
New 1ork Central, 3.UO Northern Pacific, 19,0O0
CLOSING at s*s, 5p1 Pacific Mail, 1900 St. Paul
l,.o0 St Louis San francisco, 4 s)] St Paul &
SIOUX C1ty, 569 Union Pacific, = 900 1yabush s;
Pacific, 1000 Western Union, and :,em Illinois
Central. '~-~ NA'AANA'
Money 5l6 per cent, closing at 5. Prime mer-
camille paper, 5G5h. A1A~A
sight, Isl. AN4AA "' MN
..... GOVERNMENT BONDS.
Y. s. ISL .1u5f New Is .. ,nsk
NcW Wal&s.---.-......-.-. -.lue1*l 's""