New-York tribune., 1885-01-30
CLOSING PRICES OF BOSrOy STOCKS
Boston Jan. 30, 1895
THURSDAY, Jan. 20-P. VI.

THURSDAY Jan. 29-P. VI.
Today was bull day at the Stock Exchange. The
rumors and manufactured reports were all OF favor
able character The Wall Street news agencies wires
were made red hot" with the dissemination OF rose
coored reports of general advance in freight rates all
over the country of a scarcity OF to do the bust
ness that offered with large demand for coal that
exceeded the capacities of the companies TO supply that
the Pennsylvania Railroad Company had Joined the
coal combinations and that the schedule prices for coal
had been advanced and 10 cents per ton above
the schedule of January l. out OF all this sockobbing
rubbish ia possible to pick one single grain OF fact
The Pennsylvania Coal Company to-day did issue
schedule and we are advised that tomorrow the Della
ware, Lackawanna and Western Company Will issue
schedule prices of coal that and 10 cents per ton
higher than the nominal prices of the first OF this month
But we also advised by persons removed from Stock
Exchange circles that to-day coal by the boatoad could
be purchased figures lower than at any time since
1870 The days reports. however, were effective on
the purely local stock speculation, and almost
everything shows the effect In higher
range OF values. The market does not expand
with the recent huctuatons on the contrary n Is daily
becoming more and more contracted Nevertheless the
fluctuations of per cent none the less real for
the daily operators or outside holders OF stocks VINO
are waiting for market that will let them ont with
reduced loss The deliveries Of ST. Paul and Northwest
ern to-day showed that the whole Street and we were
wrong In the theory about where the stock came from
IL was not the pool either that sold the stocks were
delivered In certificates dated In 1892 aud In the name
OF partner OF Messrs. Brown Brothers Co.. but not
wthstanding that st. Paul closed Il and Northwestern %
higher than they did yesterday. Delaware, Lackawanna
aud WESTERN however was the key note to the % wnole
speculation. The transactions In 10 u4l,3OO sharesl
were than third OF the total sale OF shares ior
the day and It's price was without important nuctu'
ations steadily pushed up from S6 at the opening 70
sg7s the close. We admit We are alone III tue pe,i
that the pool In the stock when it was c1verea ss.
March and sold for cash at over. loo HAS nc,oi
yet fully iqudated, but all the subsequent n sn
and advance In the face OF the wen Aow"
conditions OF the coal trade are facts that are con-
frmatory Of special views OF tno speo"aVn' ,a 1
whether We are right wrong has no elect upon the m
trinsc value Of Coal nearly $ TON
lower than Il did year ago. ana there not question
af a do,,t hat IN he programme OF 32,00O,OO0 ton
output is carried out for 1882 anthracte In Isso VII
range more than Sl per ton lower than In 1884, But
IN the coal easy TO record the
that will occur after the payment OF nst
charges which for the Reading Central OF New-Jersey
and and western are much sreat&sr &
than they In 1875. aud this Is exclusive 81 a.,
cha that have accrued by any extension OF railway
iines. Central Pacific made good recovery from 1's