New-York tribune., 1880-01-09
" 7. LINING S1oCR ExCHlyGs SALES
THIRD CALL--2:3O p. VI
THURSDAY. Jan. s-P. ".


While the stock speculation to-day, upon the
whole, was strong. it was ftful and irregular
few of the active stocks made special features
of the speculation and their sharp advances had an
influence upon the whole market. st. Paul COM
mon stock noteworthy for the large business
done In IL and for its further advance to 7Sl2j
later 1t sold at 776s, but closed at rs. The recent
movement in this stock is believed to
be based upon the fact that the come
pany reports earnings for the last six
months of 1879 ~ ,77S.143 greater than for the
same time in 1873 This gain. however, is more
apparent than real. The earnings of the last six
months of 1878 were those of about an average OF
1,4sO miles, the earnings of the last six months
Of 1870 were those of about 2,l00 miles, including
the Western Union Road of DIP miles. he monthly
earnings of the Western Union for 1873 were not
published SO that is impossible to divide the total
for the whole year: therefore the following COM
parison Is made with 1877 instead of 1873. The
combined earnings of the st. Paul 1.414 miles, and
the Western Union (2l2 miles, total 1,626 miles,
IN the SIX months July l to December 81, 1877,
Amounted to S5,776,025 the earnings of 2,100
miles, including the Western Union, in the six
months July to December 81, 1879, are reported
at s., j,974 900; increase 1877, 47i miles, and
in earnings Sl97975 earnings per mile in 1877,
S3,552; in 1879. $2,s46.
Northwest common to-day only
- per cent, but the preferred stock 10 1874
The movement in Missouri, Kansas and Texas was
continued with a resulting advance to 3s. and first
sales at 37l Kansas Pacific also notably strong.
rising to 03l4a93 with only small transactions.
Lake Shore, Michigan Central and Ere made frac'
tional advances, but the speculation in them was
tame and their advances not sustained. Tho
stocks of the elevated railroads all made good
ooyeries from their late extreme declines. Central
and Hudson was more active and higher with sales
up to 135 and back to 1873 LA 1881 and Oregon Il.
r. and Navigation rose per cent to 10. The
coal stocks made only small gains, and afterward
lost moro than the amount gained. Pacific
Mail continues to be talked up, but after selling up
to 3S2s it shows final loss of Il per cent The st.
Louis and San Francisco stocks IN less demand
and closed lower than yesterday. The market closed
feversh and unsettled.
The final changes from the last prices yesterday
are as follows: Advances-Northwest, ST. Pant
preferred Delaware and Hudson. indianapolis.
Cincinnati and Lafayette and Northern Pacific,
each, is st. Paul, Lake Shore Morris and Essex and
Wabash preferred. each 4 Michigan Central and
Western Union, each b; Hannibal and st. Joseph,
Albany and Susquehanna. Union Pacific and Adams
Express each l2 Chesapeake and Ohio common
and first preferred, Cleveland and Pittsburg, Han
nlba and ST. Joseph preferred, Illinois Central,
Marietta and Cincinnati first and second preferred,
Ohio and Mississippi, Erie preferred and st. Paul
and Sioux City preferred, each q Ohio and Mssis-
sppi preferred, y c., c.. c. and |. aud Lake Ere
and Western each /; Missouri Kansas aud Texas, Is
Rock Island and Northwest preferred, each III;
Chicago, st. Louis aud New-Orleans and New-Iork
Elevated. each ll2; Manhattan Elevated, Metro
potan Elevated and Nashville. Chattanooga and
ST. Louis, each . Central and Hudson, Oh; Kansas
Pacific AZ; and Oregon Railroad and Navigation,
per cent Decines-Ere aud Atlantic and Pacihc
Telegraph. each Is; Houston aud Texas Central
Mobile and Ohio, New-Jersey Central, Iron Noun
tain and Pacific Mail. each II; Alton and Ierre
Haute preferred c., {. and c.. Della
ware, Lackawanna and Western AMI ST. Louis
and San Francisco. each 81; Canada Southern,
Reading and st. Louis and San Francisco first pre-
fcrred. each l2 Louisville ami Nashville, ST. Louis
aud San Francisco preferred aud American Express,
each bs Chicago, ~. Paul aud Minneapolis =; aud
Chicago. Burlington and Quincy per cent.
STOCK HAEkET.
grDpsrte< the Gstd and Stock Tstsgrssh eems1nx