New-York tribune., 1880-04-09
THuRsDAY. April S-P. n.


The stock speculation to-day regained its lost
confidence. During the early hours there was some
little hesitation, but persistent pointing out of
the way" by some of the larger operators before
nIghtfall led the average operators to purchase
stocks with even confidence than they sold
them yesterday. The money question was unani-
mously voted to be scarecrOw," put
up for the purpose of enabling great
spcculators to buy stocks at their own prices. and
bears" again were regarded either proper can
didates for an insane asylum or born "croakers'"
The late advances in most cases were sufficient to
show profit to carly buyers. There not much of
an improvement in tho money market, but hopes are
entertained by a majority that 1t will soon be
better.
The market was favorably affected by an ex-
acgerated idea of the Importance of the fact that
the Central and Hudson syndicate has closed its
operations by selling the remainder OF Its STOCK.
But the street did not get the correct version OF the
matter The stock is all sold 70 party of gentle
men at about 131, but not to new syndicate. each
buyer taking his own stock and doing with 1t what
he pleases. And to-day it pleased some BUYERS to
accept ;he profit which the advance in the price to
above 1873 offered them.
The transactions of the day amounted to 357, ,0iO
shares being about $4,000 shares less than the
business of yesterday. The particularly active
ern. New Jersey Central. Pacific Mail, Manhattan
Elevated, Central and Hudson. Wabash preferred,
Missouri Kansas and Texas, and Ohio and Mississippi
The grangers were inactive but firm. Lake Shore,
Canada Southern and Michigan Central, with only
q moderate amount of business. recorded handsome
gains. The elevated railroad stocks also were
higher, Metropolitan leading in the advance. But
Louisville and Nashville with sales Of only 200
shares showed the banner" " advance of the day.
fully sustained, weakening of 81 per cent from
the extreme price for Central aud Hudson having
the effect of checking tue buoyancy; yet the market
closed strong and confident.
The final changes from the closing prices yester-
day arc as follows Advances Mobile and Ohio
ls; Erie preferred and Northern Pacific. each Il ;
Central Pacific Morris and Essex, New-York Ele-
vated. and Ontario and Western, each L; Chesa-
peake aud Ohio Chicago, st. Paul and Minneapolis.
St. Paul. Reading, Peoria. Decatur and Evansville,
end Atlantic and Pacific Telegraph, each 81; North
west, Lake Erie and Western. Michigan Central,
and Western Union. each 7s Chicago, st. Louis and
New-OreaDs. Chicago and Alton. Houston and
Texas, Erie. Ohio and Mississippi, and Wabash pre-
ferred, each 1 Hannibal and ST. Joseph preferred
and lake Shore. each lis; Northwest preferred,
Northern Pacific preferred. ST. Paul and Sioux City,
and st, Louis and San Francisco preferred, each
III; ST. Paul preferred and Hannibal and St. Jo-
sepb each 112; Wabash. 1os; Canada Southern.
Central and Hudson. Union Pacific, and Pacific
Mail. each Ia; Iron Mountain 17s; Missouri,
Kansas and Texas. 2ls e., c., G. and l., 24; Della
ware, Lackawanna and Western and New-Jersey
Central, each 2ss Illinois Central and Manhattan
Elevated, each 2l2; Nashville, Chattanooga ana ut.
Louis. ga Delaware and Hudson, 27s; Chicago,
Burlington and Quincy. 8 Ohio and Mississippi.
3ls; Metropolitan Elevated, gig; and Louisville and
Nashville, 4as per cent. Declines-St. Louis and
San Francisco. Il; American Express, 81; and st.
Louis and San Francisco first preferred, per cent.
STOCK Markell
A,yepor;eS Jy G9ld dnE Stscs Tsts9raOa CcmS1nE