New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-03-18
WEDNESDAY. March III. "

WEDNESDAY March 17-PM.
The stock speculation to-day was not different
from that of Yesterday in any material point. Prices
declined and rallied and declined again, closing
with a good rally, which was supported by the
easier rates for money that prevailed after most
of the accounts had been made up. Yet nOtwith-
standing the last rally, prices in majority
of instances close lower than they closed last
evening. The business shows some dimlnu-
ton, amounting for the day to 2S7,Ol3
shares, AGAINST 3i67s6 shares yesterday. Special
features were particularly scarce. although Ohio
end Mississippi in rally to 37I4 from the extreme
decline to 355s attracted some attention. The sup
port of this stock is believedto come from the in
sttutiOns or individuals who are interested because
of unpaid loans for which the stock is held as col
lateral aud it is probable that this is the true ex-
PLANTATION Of yesterdays and to-day's buy
ing of Ohio and Mississippi " for pur-
pose" Pacific Mail, after decline from
46ls to 445s rallied to 1863. The purpose" of this
probably is to make the lot of stock which was
bought at above 80 on Monday look better in the
accounts Western Union further declined to LOG,
but rallied to 1919. Erie was active within
range of "a per cent, declining to 43l2 and finally
selling Mt its opening figures. i'll Manhattan Ele
waited fell per cent to So but closed at 5los. The
coal stocks were heavy and in the final rally failed
to recover the early losses, Central of NewJersey
closing at 81 against S55s yesterday. The granger
stocks were about the steadiest on tho
LIST. and in Gnal sales the common stocks of ST.
Paul and Northwest show small gains oyer yester-
DAVIS closing figures. Among the Southwestern
stocks the weakest one-Iron Mountainous the
one making the best show of comparative earnings
The low-prced and Inactive stocks generally were
lower in cases where any prices for them were made.
II IS not improbable that the decline Of the last
two DAYS had created " short interest which very
materially aided in making the final rally-the
easing ND of money late In the day being very
good scare-crow TO drive 1t to cover. Yet generally
the market was not strong at tue close.
The final changes from the closing prices yester-
dav are as follows: Decnes-Hannibal and ST.
Joseph Michigan &c ntral, Erie Northern Pacific
preferrcd and Ohio Central, each ls Canada
Southern, c., G.. and l. c.. Chesapeake and Ohio
common aud preferred, 81. Paul preferred, illinois
Central Missouri Kansas and Texas, -. Paul and
sioux CITY, and Western Union, each 4 North
west ore (cTred, Delaware, Lackawanna and West
ern New-York, Ontario and Western, and atlantic
and Pacific telegraph each % Boston MI L,ne
Erie preferred ST. Louis and san Francisco hrst pre-
ferred, Wabash and Wells, Fargo ~ Co., each u;
Morris and Essex aud ST. Paul and Sioux City pre-
ferrcd each "a; Delaware and Hudson, g Mobile
and Ohio, OHIO and Mississippi preferred aud Amer
lean Express each / Central Pacific, 1ls; Louis
vile and Nashville and Iron Mountain, each 1l2;
New-Jersey Central, 1os; Nashville Shattano9ga
and ST. Louls, 13i; and Manhattan Elevated, 2Ss
per cent Adyauces-NOrthern Pacific and Adams
Express each Is; ST. Paul, New-York Elevated and
Union Pacific, each i; Northwest Lake Shore,
Central and Hudson, ONO and Mississ pm and Read
inq each 81 c., C.. c. and l., -; aud Pacific Mail,
q per cent.
RANGE OF rAE MAgZEL
AtrcportfS bg TIE Gold ana Ss:s Tste0rIoa comDanx