New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1881-05-20

State In the matter, published in to-dsy's
TRIBUNE impaired TO the early stock speculation
feverish tone and induced sales Of stocks by tmid
holders, which in turn encouraged further sales LOT
the short" account. Hence, except in cases where
stocks had special support the early prices showed
more or less declines from yesterdays last figures
Such depression as there was however, was only
shortved and the stocks Of the elevated rail-
roads quickly recovered from their dulness-a fact
that illustrates the character Of the present. specna
ton. Lake Shore was a special feature in the
days operations and rose from 1903 10 1923,
price which, regarding the stock as an as
sured per cent stock yields only SIS per cent on the
sum invested, while Danbury and Norwalk, which
is equally assured to be per cent stock. is without
buyers at 10 at which figures it will pay % per
cent on the SUN invested. The SOuthwestems were
all strong and Missouri Pacific, which rose to 100
1884 notably So The coal stocks were specially
weak in the early trading, but later improved and
ended to the best prices Of the day. Those stocks
being the favortes 81 whatever 9" bearisP element
there is in the market are the first to be attacked on
such market as there was this morn
ing. Hence at times they seem to be more
fcyorish than the remainder of the market Colorado
Coal and Iron opened up at 65a 6jl9 against 81
yesterday. but il fell away at the end to 63ls. There
are numerous points floating around on special
stocks which may be had for the asking-this or
that stock il about to rise or per cent" and
the reasons for the anticipated advance are rs freely
given. Thus far the point" takers have made
" good dollars " out Of them One of the most con-
spicuous points at the close of business to-day was
buy Indianapolis, Bloomington and Western
stock" and confrmatory of IT, after bust
ness hours Kicrnans Wall Street News Bureau
sent ont the following dispatch dated In
danapois. May 10: The indianapolis journal
says: The indianapolis. Bloomington and Western
Railroad perfected arrangements yesterday for
putting q line of through coaches between lndianap
oils and Kansas City over indianapolis, Blooming
ton and Western, Chicago Burlington and Quincy.
and Hannibal and 81. Joe Roads. The Chicago,
burlington and Quincy. we learn. is to interchange
business more generously in the future than it has
in the past with tn, Indianapolis Bloomington and
Western"
To-day the dealings in indianapolis, Bloomington
and Western were not particularly encouraging 10
thos who are long OF the stock. because after adj
,auciu- from 30 to 57i the price fell back 20 jG As
We remarked last night. when the temper of the
market WAS fcycrsh. instead Of strong ~ it is to-
night all the Indications point to a continuance of
the Luoyaucy that is prevailing. and hopeful *
p,ctati,u rules the market.
The bIi,inc,s i'm Government bonds at the Boards
to-day amounted 10 $299.O0O but at the offices of
a." rirat dealers large business Is being done in
the exchanging Of the ~ and ,, for the later issues.
The prices Of the rs and Is are unchanqcl but for
th-uld q. the final bids show an advance of X and
for thc5~ of X per cent whi.r the BIS an quoted
1851 bid. Annc>cd are the closing quotations: