New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-03-21
SALES FROM 2ia O'CLOCK TO Gloss ~ BUSINESSES
O'CLOCK p. ". CONTINUED
SATURDAY. March 20-P. ".

SATURDAY. March CO... ".
The stock speculation to-day generally exhibited
a good degree of strength, and the prices for ma
ioritv of the stocks were advanced Rock Island
was particularly noticeable because Of an advance
from 90 to 1920. Either figure seems 10 be high
enough for an assured 10 per cent stock but the adj
vance gave rise to the rumOr that the dividends
were to be raised to 3per cent quarterly TIE rumor
is of the most doubtful character, but if it should
prove to be true. nothing less than substantial
guarantee of IL per cent per arnum would
Justify an investment at the closing figures. The
granger stocks were all strong and 81. Paul. with
a fair amount of business, rose from SZls to l1l0
s4Is Notwithstanding tho fact that the st. Paul
Company is earning less per mile of road operated
than il has done for n number OF years past the
profits from the building of additional railroads.
upon which bonds n! the rate of $4,000 per mile
have been sold at premium undoubtedly have put
this company in funds, which Justify the eXpecta-
tion of n dividend OF $40 per cent on the common
stock in April next.
Erie was purchased with greater confidence, re-
sulting in an advance from 4fl2 10 45os013It
Lake Shore was dull between 1GS5s and lOS4, and
closed unchanged at 1888. The Northern Pncibc
stocks made good recoyercs from yesterdays de-
cline. but failed to hold their extreme advances
The Southwestern list generally Was higher. Lou
isyllle aud Nashville and Nashville, Chattanooga
and ST. Louis were advanced 2 and per cent. ONO
and Mississippi rallied from 397s TO 40l2. but later
declined 10 39lsa $685. Western Union was active
and sold at 1857, 1922. and at 107i@4 1903
* dividend of ] - per cent Manhattan Elevated
continued Ca be weak. and fell from 1jli to I2l2a
1895. Pacific Mail was Che representative Of uisap-
pointed great expectations" Yesterday the
points to buy quick" a. abon; ISL were more
plenty than strawberries IT, Juuc. TOT ny tIc stock
porsstcutly declined from 175s To- 4l7s@ IDS, much
TO the dis gust OF the believers in Yesterdays
point
Thc actuating motor Of to-day's general market
seemed ~ be that the not unusual prepayment of
the Government April interest solved the question
of an easy or stringent money market; at least
such au iI.a was iudu.'rously incu.catcd by those
who have stock, t' sell The market c-oaed strong
The Glal changes FROM the closing oncos ycstcr-
"a are as follows; AuNarces-liauuila bag ana -.
Joseph, J. H. FRI. 1ud tern, nao dbash pre-
fe,rad. c.ch J.; g.. C.. G. aud J.. Chesapeake and
Oho Delaware and Hudson. Marietta aud Clnciu-
uYti first uccicrrro, Metropolitan Elevate ST. Louis
and saw Fraufi.cl. Iron Mountain, aud Adams Tx
prcss. each g; ONO Central, RerIne, Union Fa-
cihc. ant Ain'rc-u LNIr+ r1c1 '-. '@l'd' Houiu-'
Michigan Central, Nru-Yark Elevated, and
~. Louis ard san Fru"isco fms. pre-
f.r1ed. each T.. s.. Paul pIciercd Illinois Cen
tlal. and Northern Pacific, each -: NorihWcs CONE
mon and preferred, Missouri. Kansas and Texas,
Err. common and preferred. aud Wabash. each q
Western Union. x; Altou aud icrrc liautc pre-
f,frcd, BURLINGTON. Cedar Rapids ana Northern.
Houston and itN.t, aua l'giluIu I"lac. Car. cach
! -. LoIis end san fuuu,co pfc'crrd Us;
Northern Pacific preferred. rs; Alton and IeIre
ilaUtc. II. Paul, Lluls TIE aut -hNll lc ONO ana
Mf-. s,ippi preferred. and American District Trlc-
graph. elc1 - Chicago. 20. Ions and y. o.. 2l4
Nashville. Chattanooga aud 50. Louis. 81. ; ana
OHIO and Mississippi aud United states LNpr SIS,
each Is; Atlantic and Fa me ,..SiAP.' d; y ."-