New-York tribune., 1880-02-19
THIRD CALL--2::30 P. VI.
WEDNESDAY. Fob. 1s-P. NJ

Probably il would he difficult To give a satisfac-
tory reason why the temper of the present stock
specnlation changes with the rapdty and frequency
with which sunshine and showers follow each other
ON an old fashioned April day But the fact re-
mains that the changes in the stock market do oc-
cur with rs little warning Yesterday The market
closed if not in storm, with very heavy clouds
hanging over it, so far as the usually
active stocks were concerned To-day. however
advancing prices all along the line have gladdencd
the hearts of those VINO last evening were bemOau-
ing their hard luck in being " long" of stocks
which were heavy or lower. while some of the n-
active stocks were advancing at the rate of | per
cent m hour. With the exception OF Louisville and
Nashville which recovered 3l2 per cent Of yester-
DAYS decline. and Louisville. Ncw-Albany end Chi-
caro- which further advanced 1sl2 per cent, the
stocks which during the last few days have
advanced so rapidly comparatively quiet
,,,biIc AXE Shore Michigan Central Erie and the
old rrangers again became active and advanced
NOT after the style of the recent favOrtes, but sui
cently to show n marked change in the disposition
both of great and small spectators.
Ohio and Mississippi stocks were also strong in
the early dealings, and further advances were made
of 5s per cent for the common and 32 for the pre-
fcrred but later the greater portion of their gains
was lost. Illinois Central was unusually active, its
prccrisng from 102 s 20 10Il2 latertalng to 1888.
The weak stocks of the day were the WabasheS,
St. Louis and Iron Mountain. Missouri. Kansas and
Texas and the coal stocks although all of the coal
stocks excepting Reading show small gains. The
recently listed stocks attracted more attention
than heretofore and their prlce' were considerably
higher: New York. Ontario aud Western rising to
3I0sa3O7s, Ohio Central TO 27lG26li, and Peoria.
Decotur and Evansville 10 2Gd2ls. Western
Un,on continued 'rong at l00os0 09,and Atlantic
and Pocifc advanced TO 1888. The decision of
Indee Blatchlord IN the Page patent case was used
with effect upon the prices of these stocks.
Pacific Mail advanced to 4ias but finally closed at
a3bs the same as last evening. The marke. closed
excited and strong.
The final changes from the closing prices yester-
day were as follows: Advances -iIoustona and Texas
and Wabash preferred, each Is; e.. c., c. and L..
st. Paul preferred Manhattan Elevated Metropol-
itan and Ncw-JeTscV Central each Il Chesapeake
and Ohio Delaware, IaCkawauna Aud Westerns aud
Hannibal and II. Joseph common and preferred.
each %; Alton and Icrre lante preferred Chicago,
81. Louis and New Orleans, Delaware and Hudson,
Lake Erie and Western. Marietta and Cincinnati
first preferred, Morris and Essex, Northern
Pacific preferred St Louis and San Fran
cisco and Western Union, each Il; Erie preferred.
Ohio Central Ohio and Mississippi preferred, and
Canton. each - ChlcagO, ~. Paul and Mnneapo-
Is. st. Paul, Erie and Union Pacific. each g; Rock
Island aud st. LOUIS and San Francisco preferred
and first preferred, each | Ohio and Mississippi.
| III; Chesapeake and Ohio first preferred, North
| west and Lake Shore. each 1Ss; Illinois Central
| and Nashville, Chattanooga and ST. LOUIS, each
| 10; Michigan Central and New York, Ontario aud
| Western each 16s Atlantic and Pacific Telegraph,
| ia, American District Telegraph. 2; Boston
| Air Line, 2li; Montauk Gas and Coal, 90
Peoria, Decatur aud Evansville, 27s; Louisville
| and Nashville sig; Rome, Watertown and Ogdens-
| burg ,; and Louisville, New-Albany and Chicago,
! ISL per cent. Declines-Wabash. ls Wells Fargo
| x Co.. Il; Mi ss0ur Kansas and Texas, and Adams
| Express, each u; Iron Mountain. 0s Northern Pa
| chc and st. Paul and Sioux City, each q: and