New-York tribune., 1880-04-04

yesterday. puring the early hours the tone was
weak. and prices generally sharply doclined-Cen-
tral and Hudson from 1872 to 131, Lake Saore from
1OSos to 107s, Michigan Central from 916s to Oils,
Erie from 45se to 447s Iron Mountain from SO to
5Ons Canada Southern from 90 TO 81. Northwest
frem 96 to 95ss, ST. Paul from s17s to S13s, Della
ware, Lackawanna and Western from O3l2 To 924,
delaware and Hudson from S51s to S4 Ncw-Jersey
Central from S434 to 8214 and Western Union from
10Gos to 1864, eIc.
The lowest prices were made after the pu5ca-
ton of the bank statement. But it soon be-
came the common talk that the bauk statement
was representation of the past and not of
the present and that its figures wcro "made
upon rising averages"- matter which
Is purely spcculativc-and that therefore today's
decline offered tho opportunity to buy for next
weeks rise on an easier money market Whether
or nos the theory advanced shall prove to be cor
rect, it was accepted by a sufficient number of the
average operators to set the hears" huyng stocks
to cover te,r short" contracts, at the first IN
dica;ions Of which the "bullS" willingly lent
helping hand to advance prices. The resulting
rise in prices from the combined efforts of these
two opposing forces. was sufficient to cause about
one-haf of the active stocks to close with unmpor
tant advances over yesterdays closing figures.
The elevated railroad stocks were firm all day.
although during the IN ,rning they showed some
little 6everishness, but the final business Uhcy
were the leaders of the. advance and closed at
about their best figures. Coal stocks were
weak all tho way through, although they
closed with some recovery from their ,wcst prices.
Pacific Mail was remarkably we'll sustained, at no
time showing a decline from yesterdays last fig
ures OF over 3s per cent, while there al advance
of per cent, closing, however with UaiI oil only
Il per cent. At the very close tho best figures OF
the rally were sustained only III few instances,
and the ending was made with an unsettled aud
uncertain tone
few days generally has been qlet bh; the follow
ing are the quotations of some of the most active
stocks and bonds; Boston, Hartford and Ere. '20
2; Denver and Rio Grande stock. 70@7l and the
seven per cent subscription 25@25 y; Flnt MoaH ara
ian 1908; Atlantic and Great Western serords,
27O29; Central Construction scrip. 300 10 per
cent premium Selma. Rome aud Dalton; a;
and first mortgages. 153iO 1874: New-lorK and
straltsvile Coal and iron, 11O0112; and Ohio Cen
tral Coal, Oslo sales
ne Gs "a onMs GRgs e cG9s PrcI ond
Mississippi, each ls; Northwest, st. Paul; Fort
Wayne "a and Pacific Ma each Ii G. .: c; and i, c.
Canada soptnern' y aud Nort1Srn W ..o.d Pacific:
sSd NasIvills. Chattanodga s n0 and "P" ST. LOUIS i
Onion Pacific, lis; NorIhern Pacific p'eferrGd
11s; Illinois Cennp, 1 IL; Wells, Fargo d Co' l'4
C Chesapeake ana OHIO. Hannibal and st. Jo-
seph, LnulsviIle and Nashville New-Y1rk Elevated
Reading and st. Louis and san Francisco. each ls ;
Mobile and Ohlo and 81. PAM and sioux City, each |
IL Norrhwest preferred, Hannibal aud 81 Joseph pre-
fcrrcd Peorra Decatur aud Evansville, and Western
Unlon, each 3 WaDas Z Gheago at st. rnql i.lH. ana
and PIcItic Telegraph each 81 Alton and FPrTc
Haute preferred ana 81 LOUIS and san FiancIsc9
preferred each / NeW-JerScy Central, 4, aud
Central Pacific anu Erie preferred each LAT percent
rIE sTOc& Htt<HL
4. .rsuorcd bv tie G9ld ana ss;e TsI>"t0t c"nSfn@