New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-01-28
THIrD cALIo-2:30 r. NJ.
TUESDAY, Jan. PIP. ".

TUESDAY. Jan. Up ".
The transactions in stocks to-day amounted to
tho handsome figures of 472.7S3 shares. But Of
this amount of business 30l. 800 shares were done
in SIX stocks, leaving only 1GS,23s shares divided
among the other LOG that are named in our range
of the market After yesterdays operations in
Erie that stock Of course was to-day the centre
of attraction, and its price early advanced
to 47I2. and after a decline to 1878
TO 47a4; but later the price fell to
and closed at 46is. The preferred stock, after
rising per cent to 1874, declining TO 7I7s. MIS-
souri, Kansas and Texas with about one-half the
amount of business done In Erie made much wider
fluctuations IL opened at AIS and rose to 49l. and
then on the report from Washington that the
House Sub Committee on Territories had decided
by vote Off to 1 TO report against establishing
the Territory Of Oklahama. its price fell to 1850
473i.
The Wabashcs also were strong IN the early deal
ings tho common stock opening up l is per cent at
49, and the preferred up q per cent at Zig and adj
yancing to 7212 but under some heavy sales to
realize tho common stock yielded to 48l2046a4.
and the preferred to 71071la New life was i'm
parted to the speculation In Lake Shore, but from
what source remains mystery. The transactions
in IL to-day amounted to 39,1G0 shares
against only 400 shares yesterday. and
But Nashville. Chattanooga and st. LOUIS
bore away the palm for the greatest advance Of the
day. it's price rising from 77ls to 64l2Q84. The
Northwesterns were stronger. and the st. Pauls
made further gains to add to those of yesterday.
Hannibal and st. Joseph stocks. Indianapolis.
Bloomington and Western and Ohio and Mississippi
preforred also were "a 10 per cent higher. Della
ware Lackawanna and Western picked up TO S5l4,
closing at 49, but the other coal stocks dragged.
The st. Louis and San Francisco stocks again were
weak; and in the final changes the number of gains
is only a few greater than the number of losses.
No new features were developed in regard to the
consolidated roads. No action of the Union Pacific
directors nor Of the directors of the consolidated
Union Pacific Railway Company can. in any way
affect the relations of the Government and
the Union Pacific Road. Their respective obliga-
tions are clearly defined by the late funding
bill and the, earnings of the Union Pacific are
now ample to meet all the annual requirements
If the sinking fund to extingush the debt to the
Government. and to pay its bonded interest and
per cent TO stockholders. The consolidation means
economy These arc the views known to be enter
tanned and freely expressed by the Government d.
rectors themselves.
At the close the market was fevcrsh and irregular
The final changes from the closing prices yestcr
dav are IA follows: Observation-Disclosures pre-
ferred, ls; Chesapeake and Ohio second preferred,
Northwest, 81. Paul preferred Michigan Central,
New-Jcrscy Central. aud Northern Pacific each "a
illinois Central, Lake Erie and Western, Manhattan
Elevated, and Western Union each 30; Chicago. st.
Louis and w-Orleans. Chesapeake aud Ohio first
preferred. Union Pacific, and Wabash preferred each
y; Hannibal and ST. Joseph preferred IS; Cleveland
and Pittsburg st. Paul, Delaware, Ilackawanna and
Western, and Missouri, Kansas and Texas. each b
Marietta and CINCINNATI first preferred, American
Express. and Wells, Fargo & Co., each / Hannibal
aud st. Joseph preferred, 1as; Lake Shore, 10s
ONO aud Mississippi preferred, and Ind, blooming
ton and Western, each 2; Pullman Palace Car 8
and Nashville, Chattanooga and st. Louis 67s per
cent Observation-Disclosures ard Cincinnati second
preferred, Northern Pacific preferred, and Wabash
each Is Canada Southern and Houston and Texas
Central each Il Central aud Hudson, ONO and
Mississippi, Reading, and Pacific Mail, each as; st.
Louis and San Francisco common and second pre-
ferrcd, each q; Louisville and Nashville and Erle
each o.; G., C.. and /. c., Chesapeake and
Ohio and Chicago, st. Paul and Minneapolis. each
q Morris and Essex and Erie preferred, each Is
Alton and Terre Haute Chicago, Burlington and
Quincy and New York Elevated, each /; Alton and
1erTc Hautc preferred. 2 st. Louis and San Fran
cisco first preferred, 2l2 and Cedar Falls and Min
nesota, 3 per cent.