New-York tribune., 1884-12-09
etgslNG PRIpss or FHlti PEFPHH sFeess
Rsp9rlea w InnN U. nNyIs y Va. V Nall q
MONDAY, Dee. s-P. w.

MONDAY, Dee. --P. ".
The early hours furnished or special reasons
for the marked change IN the temper Of the stock Er-
change speculation that the dealings developed aud tho
traders took stock in the early depression that
occurred. but Oh the contrary opposed IL To tho
fun strength Of their operations. The rc-oration
Of freight rates cattle and dressed meats was an-
nonced with much ecat the quarters dividend OF Ia
per cent Central and Hudson stock was mad" an
assured fact b. advertisement adviiend Of per cent
on Lake shore was promised with postiveness that al
most convictions there numerous assertions
that the general rates eastbound frcghts were nam
tanned at schedule figures and not least London carry
quotations steady II not strong. The market had
the benefit Of all favorable facts rurnors, yet
prices persstcnty declined IN the face of strong room
support because of outpOurng OF long stock iencs
the days decline, till within five minutes OK
the closing hour must lie ascribed to general ana not
special causes The rush sell ia the last five minutes,
which spoiled steady ending at 49i9 per cent above
what were the final figures. was the uncN-
pectcd announcement OF the failure of the hrm OF
Opdyke 4 Co Luckily, the announcement OF tho
disaster which itself IL unimportant except as t
illustrate the uncertainties OF the sitnaon,
late hour to permit 1t to have much effect
upon prices. The immediate adjournment OF the board
after the announcement gives the early buyers OF tho
day. who were in a semi-p panic condition. time for
reflection. TO-morrow's first prices VIII be con-
siderably higher than they would have been II the
board had remained open half hour longer to-day.
Except in Delaware, l.tckaNanna ana Nc>tcTH sloch
there was wonderful unannity IN the movements or
the whole market where there was activity there was
marked depression, and where there was
neglect dulnoss there was only less depres-
sion. st. Paul with sales OF 10000 shares shows
decline OF pa from the opening price. Union Paciho
with sales of GOO shares declined only y per cent
Northwestern with sales OF 26,i00 shares declined &
per cent Pacific with sales Of 2ioo shares Is
off only per Central and n ison win sales or
shares declined 2isper cent; and Canada southern
with sales of 800 shares steady at -. western
Union with sale. 81 800 shares oil = per cent;
but Pacihc Mail with safes Of 3,i0O shares down
only y per cent. Delaware, Lackavanna and western
was special feature, in that IL stubbornly sus'
taned-after decline of To l05A2-at above 100 I'LL
within the minutes Of the close, when II sold at
1852; Delaware and Hrlson declined from 80 tn 50
and after "a rally TO siia closed weak At 81. with all
this the dealings amounted only to 233.5Os shares.
against 2l3 900 shares Saturday or course the mar
ket closed weak M generally the lowest prices
Government bonds dull. but the early quotations
developed strong tone that later was followed by fteer
offerings and the hna bids show declines of per cent
the Is and e cent for the i Annexed are the
closing quotations: