New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1885-07-15

TUESDAY. July l4-P u.
The Stock Exchange to-day was furnished with On un-
usual number OF sensational rnmors, aud they all were
highly aavorsd with Perhaps tho widest OF
the rp.nOrs was the which made the accomplished
president OF Central and Hudson River Railroad 'he
courts choice for receiver OF the West shore Railway
whose particular duty should bc TO protect the prop
erty the Of its true owners and not IN the III
terest rival line The ndest OF the current reports
WIS the that made high officials say that tho
negotiationsQb were making favorable progress ON
the first report named however the market worAeu
with unusual degree OF logic Central anu hu"son
stock strengthened and West Shore bonds weaRehou'
The inference is rather faretched because supposes
that spectators memories run back TO the ehect
upon the securities OF Nickel Plate Railroad Of the
Lake Shores acquisition OF its control. The stock
market however was something more than buoyant IL
repetition Of yesterdays operations on iarRer
scale THE amounted 1862 shares with
further apprecIation OF values The snort interest,"
further reduced that with only two or threo eA
ceptions loan market is flooded with stocks Oh
fercd fat which with money at u per cent possess
es Significance indication OF tho local situa
ton. The boom has been persistent ana tus iar ;"
successful In figures that probably there are many tr
who ten days ago passed sleepss nights WIN ono
two hundred shares nani, tonight VIII steep 'ho
sleep of contentmeut with from 500 to 1000 shares
To the disinterested observer to-days WORK
has revealed q distribution OF stock th't
ten days ago would not have been beloved 10 DC
possible without the entrance OF the public as III. IN
discriminate buyer. The public has not come. put
tho traders full of confidence and hope, while some
of the LARGER operators made material progress III
the tightening load although through the ethoa
OF borrowing all the stock they SELL they still are
the car riers OF certificates, There were fluctuations
advances and reactions all day. ana ap"ut -'"o
o'clock saw the top figures yet made IN TINS move
ment After that there was bad break running iro"
u to per cent st. Paul, in which the TRANSACTIONS
a-An.. fr,n, lfs 10
but In the last half-hour declined to 76i9 Northwest
ern sold up to 96 s final figure OF 80 still SHOWS
all advance OF IS per cent Lake Shore SOFA ~ o- 2,
and after decline to 81 as shows gain oil g. Cehtr
aud Hudson sold 03 and reacted to 92'5 winch SUN
leaves an advance OF cent Delaware. Lacxiwah-
M and Western sold at 97a ana after decline u
97is 1t was still y per cent higher than yesterday.
Western Union and Pacific Mail recorded no improve
ment upon yesterdays figures and closed with losses OF
81 per cent Ms also did Central OF New-Jersey ana Dea-
ware and Hudson. The market closed feversh ana UNI
settled.
Government bonds dun and weaker on the az
ita,ion OF tho suggestion that Government may oc
forced TO borrow gold banks before tho meeting
OF Congress in order to maintain gold payments TIE
TRIBUNE has steadily presented tho danger threatened
by continued purchase and coinage OF silver put tn
occasion for special agitation at this time docs not
seem TO he clear The Treasurys gold balance although
1t suffered depletion from the pay ments OF 'ncJ
Know of no new special reason for supposng that now
the Treasury cannot work along upon inc uT Thu
basis I'LL the meeting or congress- INC
remedy for the evil with Congress and not
upon Hitting operations OF the Treasury Is Cons,ess a., as
likely To promptly the silver question with Tue
Treasury well supplied with god-aithoasn !. may 10
borroTed1a, the currency rush to the Treas
ury for gold anoco TO the world that IL mantMns
tit,ne These are questions that 1t seems to should
have been fully weighed before the New YORK clearing
mon m" subject A. result bids for Governments are
per cent lower all AROUND al me tone Oh sno