New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-10-11
CLOSING PRICES OF CALIFORNIA STOCKS.
Thursday, Oct. 10-p. m

IHuGSudy, OCu. IV-p. III
The Tribune has printed the gross earnings for
the fourth week of September of forty-Seven
railroads or systems. The whole return an aggre-
gate of S4s5, 1874 or per cent on the earnings
of the week in 1883. But thrty-eight COM
panies showing gains give an average of 11.S per
cent, while nine companies showing losses give
an average OF 60 per cent. The following table
divides the aggregates and differences of COM
panies, showing gains and losses:
9 5555 E Dec
Total, At co.'s s54iO8l0 85,Sa0l3O Inc. s4S6,7a 90
or the eleven companies which have reported
for the first week in October, all, save Chicago
Milwaukee and St. Paul, have returned gains
averaging over ID per cent
WHAT WAS DONE IN STOCKS.
To-day's stock market ruled strong, but there
were exceptionally weak spots, against which the
bearsh" influence directed their special attacks,
md thus incidentally against the general tone
K the market. Atchison opened firm enough
at "a 3.4a20, against 2S 5-S with seemingly little
stock in sight; but quickly after the opening an
attack was made and the price declined under
heavy selling to SO 3-4-the lowest point OF the
day New-York and New,England opened at about
last evenings fgures-47 3-4a47 80, but drive
at it carried its price down TO 40 "a. From these
lowest prices there were substantial rallies. In
direct connection with the two movements referred
TO the point to sell Cotton Oil was spread broad
cast and the interest which raided the two rail-
WAYS also sold that from "A 5-8 to AZ rs;
that too rallied to 43 So. The first movements,
however checked trading in the general market
and nearly all prices suffered fractional declines
Afterward a better tone, under the lead oil the
Chesapeake and Ohios, the Big Four, the Northern
paeifics. and Oregon and Transcontinental and
Union Pacific prices generally recovered. The
early declines and the stocks named made good
advances Just before the close another attack
was made on the weak spots, and Cotton OIL was
driven down to 42a42 is. 1t was
quick and sharp operation, but 1t had
little effect on the general market. ROCK Island
should be mentioned as another stock which at
tracted the attention OF the raiders" 1t sold
from 1O1 to 90 7-Sa1O 90. While NewYork and
New-England shows decline for the day OF IL
uer cent In Boston the preferred stock is quoted
per cent higher than last evening. Ii is quite
evident that the brags made yesterday that me
leading bears had closed all their shorts
lacked the quality of truth The stock loan
market this morning showed it plain enough,
hut the tactics employed to-day more fully prove
il With the active spectators working Tor
lower prices it is "a question of effect OF manu-
factured and manipulated news concerning rail-
wov wars and the reported earnings OF the rail-
WAYS The railway earnings are reported only
once a week or u month, wme tne news W
bureaus work every day-day and night. mus
far tbe earnings when reported have uat!y con-
trodicted the dolefu stories and predictions OF
the pessmists The market generany closed
strong.
THE DAY IN TILE BOND MARKET.
The Treasury purchased SCI 1900 bonds: $500
500 4 per cents at ~, and s59I,Uuo = IL pr
cents at l05 81. The local market was duiI' WIN
quotations as follows: