New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-08-28
THURSDAY, Aug. 27-P. N.

THURsDAr, Aug. 27-P.M
Thu davis stock speculation continuance OF yes
terday's movements. The opening figures wore Aoou'
the same a, were yesterdays last prices, followed By
general "hoop Ia all over the market which resulted
in advances averaging about per cent for tho whole
list including the good bad and Indifferent stocks
After midday the market quieted down and for two
hours and one-haf was extremely dulli tho ngures
sagged on and 230 o'clock threatened to drop Deo"
opening prices. But after that there was an
influx OF competing orders to buy which marked
figures back TO nearly the prices that were rui-
ing at noon and in the OF Union Pacnc ala marx
the best Of the day and for Western Union per cent
higher than the figures The action OF tnese TWO
stocks which in the last half hour suddenly cnahscu
from supIne duness noisy activity taken In connee
ton with the movements in OF the bonds OF tn
Southwestern system, points TO hand that cheny was
instrumental in the days market, and the brokers en-
ployed show that Is true that the STOCK E1ehango
sometimes makes beds for q strange Fellowship 1he
point to-day did not assume tangible form ana can
hardly be said to have been circulated but we are In
formed TINT the programme IL In preparation for the
starting OF another story OF Western Union absorption
of the Baltimore and OHIO lines. Concerning Union IA
ciac tho market clearly shows that there was some
error n the report current some three weeks ago that
block fsome 10000 shares had been marketed ana
distributed The for the greater part OF every day
f. dull md neglected and never gives signs
OF life except in tho presence OF manipulating
and matched orders Todays transactions In the STOCK
amounted only TO shares and with that 1t opened
up g at 81 49, and sold to SO sales Of only
it later declined 51i9 and finally was whipped up q
to SO on sales OF 200 shares. All the other stocks
moved in unison all touched their best in tho first two
hours all nearly all the advance In the next Two
hours and AL stened in the last half hour ana gen
orally recovered within small fractions OF the best
figures Reading was an exception and after q decline
of per cent to 81 recovered to only 2ls against ~
last evening. There more whistlng from some
OF the coal companies to the stock market in
reports of higher prices for coal but tie whistle was
not In tune 70 fact that the Lehigh valley B2oaa
reduced It's charge for freight on coal 20 cents per TOM
BY the way IL about time that dealers who supply coa
by the ton or bushe give part OF the advantage OF
reduction cents 81 to their customers Theesno
question OF the fact that there never before was so
much unsod coal above ground there Is now must
restrict without agreements We do not think any one
sut orzed 10 suggest ia DONE that tho dividend on
Delaware land Lackawanna stock Will ibe reduced Inc
cOmpany heretofore always has paid the maximum dvl
dend 10 which IL had reached long as IL paid any Inc
Delaware and Hudson Company to-day declared It's
usual quarterly dividend Of y cent? but accepting
the conpanys statement for the or 1854 ana tho
lower price Tor coal than then IL Is fair to suppose
the dividend il declared from surplus" and not from
current earnings The whole market closed excited ana
Government bonds inactive, but frmer tone
was shown for Alo for which sales ana bids were .
higher Bids for the currency 6s were also better An
nexed the closing quOtationsi