New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-03-25
WEDNESDAY. March 24-P. NJ.

WEDNESDAY, March 24-P NJ
The stock speculation to-day continued to de-
velop a weak and unsettled tone, Notwithstanding
that the closing prices happened to be made during
o rally which for the day was rally No. 3, and for
the time since yesterday morning No. or 8.
continuance of the exceptional movement in Rock
Isand-this stock further advanced to 1S901S5l2,
which influenced rise Of @ per cent in Chi
cago Burlington and Quincy, and of pa per cent in
Chicago and Alton, also helped 10 steady markes
that otherwise was weak and declining. 1t is now
given that IT is the intention to double the stock
Of the Rock Island Company, and to divide the new
stock among the stockholders. III the proposed
plan is cOnsummated it is probable that Rock Island
stock will be taken from the list Of investment
shares and added to the list of active "specula-
tons"
Manhattan Elevated and Pacific Mail were
the particularly weak stocks to-day. Manhat-
tan declined from 36l4 to 1913, rallied to 3424.
and closed at 81 and Pacific Mail fell from 40 to
363t rallied 10 $685. and closed at isis. Erie, with
sales of 30 600 shares huctuated between 442i and
1874, closing at 4f3s. Lake Shore and Michigan
Central were dull, but weak. The granger stocks
nucruated only l20 81 per cent, and closed without
material changes. In the early hours the coal
stocks were lower and weak, but later their prices
were sharply advanced, that. excepting Reading,
they are among the few stocks that show final gains.
The closing prices were somewhat influenced by
an easier feeling in the money market But that IN
a great measure was due to the fact that brokers
generally made up their loans at an earlier hour
than usual and after that was done il was an easy
matter to make lower rates for money. Yet tho
market did close strong. the first figures Of the
rally not beng sustained IN the final business.
The final changes from the closing prices yestere
day were as follows Decines-5t. Paul preferred.
Erie preferred and Reading. each Isl c., c., c. and
l.. Lake Erie and Western, Illinois Central, Mis-
souri, Kansas and Texas, North vest preferred Erie,
each j. Mobile and Ohio and Ohio and Mississippi,
each % Marietta and Cincinnati first preferred,
New-YOrk Elevated, and st. Louis and San Fran
cisco first preferred, each u; Chesapeake aud ONO,
ferred, Ohio and Mississippi preferred, Peoria.
Decatur and Evansville, and st. Louis
and San Francisco preferred, each a 4;
Alton and Tcrre Haute, st. Louis and San Francisco
and American District Telegraph each l Central
Pacific and Northern Pacific, each Isl Canada
Southern and Iron Mountain, each 15s :; Atlantic
and Pacific Telegraph, 1l9: Chicago, 81. Lo4is and
" o.. rs Northern Pacific preferred, ia Pacific
Mail, 17s Ohio Central, 2; Manhattan Elevated
and Louisville: New Albany and Chicago each Y:
and Alton and Terre H1nte preferred,
| per cent. Advances-S Paul. Delaware and
| Hudson and Wabash preferred, each ls; Illinois
| Central Central and Hudson and Ontario ana
| Western. each d; New-Jersey CentIai, . inulan-
| apoIis bloomington and Western, i; Delaware,
| Lackawanna and Western, %; houston ana lexss,
| l; Burlington, Cedar Rapids and Northern, j u;
Louisville and Nashville, 2; Chicago and Altont
23s Rock Island, 4l2 and Chicago, burlington an@
Quincy, Ga per cent.
STOCK hAskEL
Asrepored bv the GoLd ana Sses T,!sSrsDA Company