New-York tribune., 1884-12-11
ADA surplus for Sept. &c.,. s.sti,7i5 4.is91ss
w..
surpusof Dec 3I....... s3,o799J2 $4SiAS53
4.ioJ.1s1
..Is per cent |; t1ta per cent.

49, per cent ; II y per cent
The volume Of business in stocks to-day shows
marked Improvement yesterdays dulIness; bat II
was accomplished only the expense OF serious aud
threatening depreciations There special eausd
to-day why holders OF stocks should have pressed them
FOR sale with any greater y-Or than they have done on
any other day since the practical elimination OF the
post election speculation which occurred on the day pre-
ceiling Thanksgiving. But the whole OF that spcculS
ton consisted only OF local purchases 20 be sold a al
advance and It is probably true that IL was started
partly for political effect the election OF Mr..
Cleveland. to show that confidence was Bos
destroyed by the event. IL only TO be anticipated,
when the small traders who sold stocks short because
OF the result OF the election, which the large "bear
perstenty bought had been either forced frightened
into covering up and going long the advance would
stop For ten days market has been In trsnsitory
state strong by spells. But II IL not ccrtain
nor IL probable, that the principal movers AZ the lata
advance have made 1t such perfect financial sneceS
that they feel altogether rewarded for having rowed 90
powerfully against the current. Whether not pros
poets warrant present higher or lower rates for stocks
in their minds ia matter Of Judgment
and opinion with each interested person. bat probably
there before sharp advance forced In the
stock speculation that Of the last month at time
when natural conditions rapidly running In 'he
opposite direction Evidently Of the large oper-
atora after days siege for further advance hsve
come to appreciate the Old adage. He who fights anc
runs away may live Va fight another day" That priba
Ny explains today's market when aninst everything
declined II har, far IN refer p single class neiihe
dli the classes move rUmpari b1iles Following tht
opening, which little better than last evenings
CLOSING prices here nosy ami further small nh
vance II was not tl olo u'eloch that the real busires
~ the day beean. THE ensi sturka were "nn
srpuiasiF Npab, esrert t'pnifai NJ New iefsAF
wiieh s od 1nit . iiet eehi thn etabepts wtfe ~
wcah alipf thp nsi a,l tahrp st raHi sh1ss iiss
Ia hniihWtsihin 20 ahh tihaha preferred i's ip
sent The ~, taai eatsnss r0hie ~ elih gain Mtlii
unu instead ~ f1nnnn nmrai bY yesterdays e.infs
ake Hharo eagii developed N'ahness ahh r"sfh Nlih
nai deollne nf I'd ler cent after gaif ol a ah ihs
lowest hglns, hat Osairii ani Hudson afier AZ al
vance ~ q f0 1ns shnwed considerable hrmness at auh
til late Ia the day, when II declined 90 naaSsa im
brief abstract 0f the Central aud iiudsans report for ihs
year ended september 30 published elsewhere, shows
decline from tue preceding Of tjd22,oO Ia
900 ia net earnings an increase OF T&looOo ia mrs.
harr and a dccasr 81 ~ go 900 in balance apple
able 10 payment OF yidends Union psto T. notice
able Tor . decline OF pa per cost while western Union
on only = cent after rS o s per cent The mar
kct closed weak at near the lowest hglrcs. -
Government bonds dun and strong. with the hid
Il higher for the 3s and Is Annexed are the closing
quotations: