New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-03-31

NJ
The stock speculation to-day exhibited NOR.
,,talitv than il has shown for several preced,n.
davs and notwithstanding the stringent condi,ion
Of the money market, there . general advance
IN the prices both of speculative aud investtn.ns
shares II is probable that the governing influence
IN today's market originates in the popular idea
that the monetary strngency will not extend beyond
Aprll |. and hence comes the desire to pnrcbasa
stocks IN order To realize the imaginary profits tha,
may accrue upon easier money market after fha,
date While II is probable that the first few dav.
Of April will wItnes, money market less stringen,
than that of the last two DAYS Of March. thecs
seems to be- no good 10 expect any Important
return of funds from the interior for some tine "a
come. The most that the lreasur, car DOW do ], to
nav ont its receipts. less the necessary 80 ba
beld TO meet accruIng interest. TIE domestic
exchanges are not unlikely 10 'utiuue 10
fue against Ncw-YOrk after April |, a. they
continued TO rule against this siiy after jam.
ary l. 10 the disappointment Of = large majority ~
the stock Spectators An important factor m tho
monetary situation seems To be- generally over.
looked that 10. the r1Ormous amount which has
gone and still continues 20. to he FAR West hs
the development of mining propertic.. the returns
from which are ~ yet meagre. Again. the general
revival in industries, the binding II RAILROADS aud
the starting of private enterprise are ah.
sorblng capital which for several years has been
lying dormant in Ncw-York; and aoaiu. tie product,
which were sent 10 Europe and wnch causcti tho
large Importation of gold last Autumn
,v.re raised and owned at Ga" West. aud
mot - Nrw-Yorh City. Added ~ al tins
IL the expanded condition of The loan accounts ~
our city banks. All of these facts show why Is 49,.
reasonable to expect any suct money market ~
thai 10 when largo nrop rtion ~ IA" pre."n'
operators m the stock Exchange b., been aecu,-
toned during the last few years.
Central and liuds"n stock to-day co1tlnued 10 bo
marked feature ot the SPECULATION. nd Win sl's
of > t. 500 -larc~, advanced from l"-i- 90 1902.
closing at 1854 The often icltcfai' Il point io
bay Ire was again put M cifcu alton Niih n-uI'-
Iug aGNIc" from IS 40 - - = Oh" tau-a' lions
IN the stock amounting 60 3"4uo th.r-. Also
shore ,rith q very small business. advanced fo
1855 1854, winnie Mirhgan Central rose nom go
10 93Ii Iue granger sio, rs vrr" puct nut
firm. and the last Of S.uthI' 90" -hAnt
generally shows more or l,'. m'
with Improvements rngIug irom = fo - ger cent.
but ~ kcadln- oniN 800 shares wee ~ "n.' ~
the " lolc day. The general imprrs,'o. sim i'g.h
10 Pacific Mail was that u wa- O. good 100 h1} for
spccu alIve inrn. aandd hence ~, ne "'s 49,
want nom - = J." - = ~ ', LII 49,
finally sold al lG57-. The express sfnck~ generally
were sir, ug and WIKI the exception 81 A'an- fe-
corded l-ncT plIce,. IAc market CLOSE" 'A' i'1
Inc final changes from the closing prices # ye.t'r.
day arr as follows: Advauc~s- Chcsrro0kr and
O no ard ontario ana Western. each J.: Northwest,
lniou Pacific and Western Union, each i -,
Paul. Lake Ere, and Western aud Re9dn each IL
e.. %, G. ana l., ieN'iad ara llll-i'~ ht~-' u.
if..s and Texas. aud Central Of NrV-lrI-ev. each
D; Norihcr, Pacf. and wabash. each - Wabash
preferred and United states ENpc.s, "a'h
81 Central Pacific, Delaware. Ll'kawarnt
and Western, aud Lake Shore, each =
Alton and crre Haute preferred Canada southern.
Hannibal and =. joseph preferred, Liie, NolthrIa
Paclsc preferred OhI0 and Mlss,s PIP. aud Amen.
can Expgc-s. each |; Chicago Burlington aud
Quincy. Delaware aud Hudson. am ONO aud Mo
si,,ippi preferred. each Is; Hannibal dDd -.
.Jo.cph. Michigan Central, aud Iron Mountain. each
ii; 81. Paul preferred. 13s Illinois Central. Il2t
Chicago. II. Louis and New Orleans and llOustsn
and I.xus. each >: Rock Island aisl Pacific NAL,
each 2l2 and Central aud Hudson, 3is per cent De-
cncs- Northwest preferred. Il Nashville, thatta-
uooya and II. I.Ouis, AMI Adams Express each - \;
Mobile and Ohio d Burlington. Cedar RAPIDS aud
Northern aud Chicago and Alton, each and
LOUSY aud Nashville, per cent.
ntN8E or rnE sIOck H,slHL
1,pDor,1d IN TIE i9ld Ss:t isLs1cI1t fppBtas