New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-12-31
CLOSING PRTOES o. PTILA DELPHTI STOCKS
RsDore5 ~ JoHy H. DAVIS & Co.. No. II WdHst
WEDNESDAY, Dec. 3O-P. N.


Tho stock Exchange markets. today fulfilled ali Of
yesterday promises. There special activity in
any particular class OF stocks. but wel'distrbuted
business that gives fora total 3714j2 shares, which IS
$4,000 shares greater than tho business or yesteraay
The market opened strong at small fractions better than
LAST evenings closn cures and the succeeding improve
meut was marked bymor1 fluctuations and greater rrcg-
uary than were observed IN yesterdays dealings sun,
with duues, the prevailing feature some final gains
small but sienihcaut-wcro made FOR the general list
Taking the stock market IN connection with the pond
market might be ascribeI 10 the presence OF
investors. Some OF the shrcwdest operators OF the
street who last August did believe that tho pub
tie could bo Induced % enter Wall street either
~ spectators In the general ~ securities or M in
vcsors except I'm the oil 1rsclass bonds,
admit that they mistaken The public is there and
is eager to mako purchases upon slight proyocatlons
such railroad reports TO be expected during the
mex; fov days uuqucstonaby Will show very different
results the latter part OF the year from those realized
for the frat part Of this year. While It may be claimed
that an spsculaton7 much matter OF sentiment aud
Of confidence In the future, ia probable that the real
Improvement which has occurred in general business
DUNG the last three months is not fuzzy appreciated
IA, first indication OF change was seen in the
dcraad for steel rails which enabled the ma kers 10 adj
vance prices from S26 to $50 "A ton; it is true that
this condition came from the necessities OF the railroads
10 make renewals that had been TOO long delayed, but u
Is also trus that wherever there was r"lngihl tue
increased demand and higher prices Tor rails stlmu
effect, are felt at the -pudlcS In Lowell what was
true railroads also true or every other branch
OF inlstry dcprcsiu had carried economy almost 10
the point Of waste. Hence iron has come 10 be IN de-
mnud OF Old maChucry aud FOR the conStruc
ton Of machinery and for al structural purposes
Tho other day announced that bldSt-iurnace IN
AN Out-or theway place In Pennsylvania when
mad been lido for two years. WAS 10
DO Immediately blown in this operation
starts trade ~ all kinds hamlet where for two years
drsttuiou mas prevailed. The railroads from necessity
are ordering new aud new locomotives, and TINS
ewes emp.synrnt to vast number OF people WHO as
consequence rcer buyers of ali the necessities or
lfe, and who, after little, Will renew their wear
ug apparel Thus it gOes-an imprOy cment
I'm one branch OF Industry becomes rapidly revolving
wheel witch distributes Its beneficial effects To and
through every other branch An Old retired merchant
to-day remarked To OF tho prominent brokers OF the
stock Exchange that never before IN the history OF Now
York was there much money looking for safe invest
ment a. there IL at the present time We do
not ourstlon the truth Of this remark, neither
do we luubt the effect OF its truth prices at the
stock Exchange whom II IA made clear that the improve
nrut. already realized OF permanent character.
IT, lay al o the Stock II change markets closed uneN-
cited aud nrm. without attempting to predict the hue,
tuatious OF Tomorrow the promises are that tho old
year viii with brighter antcipaions than those
OF its beginning. -
Cioveramouj bonds were fairly active Bids for the 5s
were lower because OF the resumption OF bond calls by
the Treasury aud for the Is and 4i2' they were
respond ngy higherl4 for tho Is aud % for the 42'
Annexed are tho closing quotations.