New-York tribune., 1884-11-14
CLOSING PRICES or BJSrOy S"DCtS
BosTDS Nov, 49, 1894.


For an intelligent comprehension Of to-day movement
OF figures in the stock market required the miss
Ing key the extraordinary advances Tor
American railways that the early cables reported
in the London market We iorher comment
and only mention the fact that at this writing there
is why London, after yesterday weak
ness. should to-day open higher and IN the second
quotations show material advances IN prices IN c lace
OF yesterday levcr,nes II not weakness IN the h"mo
markets. They did do -. and the second quotations.
1880 p. m.-wcro published here with Uh"''H
pro,nptncss before 10 o'clock a. IN. That TACT was
important factor in The opening and early dealings ia
the market. was the sole reason why Central ana
Hudson opened up - per cent at 50 ana why o'hor
stocks showed proporonatc ad, auees In the first sales
As a rule the best prices for stocks that were MADE
between 10 O'Clock and O'Clock were made
In the first half hour. Between and O'Clock
the business suspended and the board room was
turned into pandcmoniun for the enjoyment of sky
arking members Alter that business was resumed ana
prices marked mp with will and veh"mence that
h,s nothing fear much its own exhaustion Inc
III rkct never was confined closer In pro
f.ssona limits than it to-day hut tlerr seems
to be expect the movement, so wei ilaHsu
rated will stop till 1t meets with another avalanche o'
stock prices that let present holders out "hoe' Inc
public neither Spectators nor investors are buyers III
the market and there d. no reason apparent
on the surface TO suppose they VIII De uI
there Is general and important ch"nSc III 'no
commercial antilc outlook. still 1t must he re-
membcred that Wall street always discounts future l
prov well depression. There arc le" socAs
on the list that do show appreciation on last
evenings values tn con,pcuous At ooks are Nor""'s
ern, ST. Paul, Burlington and Quincy Delaware
Iackawanna and Western. Lake ShOre, 'eh'i"i
and Hudson t25s per cent, Union IA
cine and Western Union. In reply to " Suh''r'oer'
we have only say that the talk about the No'h"'S"
Railroad Company passing its dividend Tor the cure"
six months probably arises solcy from It's decrease III
earnings The compauy's fiscal year begins june -
Since then, and for five months ana one "'oA'
the company's gross earnings were nearly FI'ooo''''
less than for the sane time in 1883; as IL u "''
probable that the reduction in expenses has kepl I'o
with the loss oi earnings. and as II requires Fi@'
10 pay dividend OF GIG per cent on the cohh'o" ~
OF company IL is only natural that the large io "
earnings should the question OF a reduction or
total passing OF dividend. In the last haI n"u'
OF business current INV VI"
trunk line settled, poth va
freight and passengers bat the rumor pr"baoiy "''
its origin the In the stock market ana wa"
| not a cause for those movements what the r"""' 70
ouire IL business when that comes there again wiz w
| no meetings OF railway officials The market oioso'
feyorisha AZ near the best prices OF the day
All that was done in state bonds was sae OF Ai""''
class so OF city bank stocks Continental Sol" d, i'
| and Metropolitan AT 20. g.,
Goycrument bonds dull and steady Win 'iie "''