New-York tribune., 1880-02-13
THIRD CALL--2:30 r. VI.
THURSDAY. Feb. 12-P. NJ.

THURSDAY. Feb. 12-P. NJ.
The stock market to-day opened strong but very
soon afterward apsed into dulness. and the specu-
lation became feyerIsh and uncertain. Evidently
the " boom on the Government pur r1hase of bonds
was NOT ND to general expectation. aud average
operators began to unload. But after midday some
large orders appeared in the market, and the
tide again turned in An upward direction and
so continued until the end. Erie faYorably
affected by the announcement that " the contract"
was signed, sealed and delivered this morning and
after having declined from 47i2a47sl to Ais. It's
price rose to 4sl4. What the character of the
contract" is, is not known at the time of writing.
but it is accepted as certain to be be beneficial to
the earnings of the Erie Company hence the adj
vance in the prices both OF the stocks and bonds.
The Erie movement affected the whole market so
that there was a general rally in prices. but the
dealings in any of the other usually active stocks
presented no special feature.
Some of the outside stocks made advances that
are noteworthy. Louisville and Nashville rose
from 12l to 13l and closed at 49, and Nashville,
Chattanooga and st. Louis advanced from s7l2 to
9la. 400; indianapolis. Bloomington and Western
rose from 80 TO ~. and closed with ~ bid, and
Cedar Falls and Minnesota sold at 25 against %
Yesterday. The st. Louis and San Francisco shares
were all in demand at advanced prices. although
OF the new stocks listed yesterday, there sales
OF Ohio Central at 25924l2a2l7s Peoria, Decatur
and Evansville at 2334D OBI 23. and New-York
Ontario and Western at 2S027.
The coal stocks were only steady and show little
or DO final changes. Among the miscellaneous
stocks. American District Telegraph weak,
while Atlantic and Pacific Telegraph sod mt 420
44I2a43S4 and Western Union at 10lG10ii2.
Pacific Mail was dull between 393i and 40ss. The
market closed strong.
The final changes from the closing prices of yes
terday are as follows: Adyances-Northwest, ls;
Chicago st. Louis and New Orleans, c., c. and l.
c.. ST. Paul. New-Jersey Central. OAio and Missis-
sippi. aud Wabash preferred. each Il: Chesapeake
and Ohio second preferred ST. Paul preferred, Mich
igan Central, Missouri Kansas and Texas. Ono and
Mississippi Wabash, and Pacific Mail, each 50;
Chesapeake and Ohio Hannibal and 81. Joseph, and
Manhattan. each l2 Chesapeake and OHIO
first preferred, Iron Mountain. and Western Union,
preferred, and St. Paul and Sioux City preferred,
each q Northwest preferred, g; c. G., c; and J..
and Houston and Texas, each Central PacIhc,
Chicago -. Paul and Minneapolis, and St. Paul
aud Sioux City. each 1 Il Lake Erie and Western,
las; Canada, Southern and ST.. LOUIS and San
Francisco. each ll2; ST. Louis and San Francisco
preferred. los Cedar Falis and Minnesota, Nash
VILE. Chattanooga and 81. Louis and ~. Louis and
and Pacific Telegraph, 2l4; Indianapolis, Bloom;
netOn and Western 4, aud Louisville and
trail. ls; Alton and Terre Haute, Central
aud Hudson, Northern Pacific, Reading and
Union Pacific each Il II; Chicago, Burlington and
Quincy aud Chicago and Alton, each y Marietta
and Cincinnati first preferred, and Metropolitan.
each l2 Boston Air Line and Adams Express each
l; Alton and ferrc haute preferred, la and Amer-
can District Telegraph, pa per cent.
The feature OF the market at the Mining Stock
Exchange was its strength. While the huctuatons
were less violent than yesterday prices were well
maintained Uukill, however, weaker with
sales az 81 20. but Green Mountain advanced TO
So % and closcd with the price bid. South Hite,
Moose Great Eastern and GOAl Placer were strong
at Yesterdays advances.
NANCE THE STOCK MAHtgL
x!repored JV the Geid ana Stock TstsSfIDt ccmD1Hs