New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1889-06-12
TIE DAY IN TIE STOCK MARKET.


To-day's stock market was moderately active
and developed strength for the entire list. lhe
special features, however, were the coal stocks
Delaware and Hudson made net adv ance OF over
per cent and closed at l47 IL, tho first time in
many years when It's price has ruled higher than
that Of Delaware, IAckawanna and Western which
to-day made an advance Of over per cent and
closed at LAG l-2. Philadelphia and Reading for
a time seemed TO be a laggnrd among us c0ntefn-
poraries, but finally, with good buying, cStab-
Eshed an advance of over l per cent closing az
AZ Ia Central Of NewJcrsey. with transao-
tons amounting only 20 800 shares, rose from
l0S l-2 to H. and closed az II IA. The move
ment in Jersey Central, which recently has been
continuous, irrespective of the movements IN The
other coal stocks, is said 10 be due not only to
the large earnings which Us present connections
insure to il, but also to prospective connection
with the POughkecpse Bridge which Will be
highly advantageous 10 its leased line, The Lehigh
and Susquehanna. II is singular, but ncVerthe-
less a fact, that concerning the coal properues
nothing now is heard that IS not favorable rom
the sources which few weeds ago were hortId III
their DEMONSTRATIONS OF the bad. ;,
Chicago vouchsufed 10 be less positive 10 us
dispatches regarding the deplora1le c9ndltlons cA.
listing among the Western railroads. III seems tnht
there NAV yet be some common sense lett with
the arrangements OF those properties, We arc
hardly however, disposed 10 credlt thls WaVcTihs
The (;rangcrs to-day developed, because we haVe
held all along that the recent buyers OF those
stocks were as well posted upon the general situa-
ton as were those who confronted the forecasts
riven in the Chicago dispatches. me inihI ad;
Vances OF the Granger stocks were not OF spccnI
Importance but still they were advances maze
upon a moderate amOunt OF business.
The trunk line VanderbiltS generally were IN
active but strong al small advances, New YORK
and Nrw-England developed strength up 70 asa
az g in connection with story OF proposed coal
traffic arrangements with the central OF new
Jersey The transcontinental lines were dnI Dut
firm at closing figures which were -sal-4 per CENT
hcIov, the best Of the day. Little was done IN
tho Southwcsterns but the prices were usually
strong Oregon IransCOntlEcntal s0ld al 3oaJ0
There is 10 evidence that either party 10 the
coutest for control at the coming electoh were
sellers of the stOck-the transacu0ns amounted
onlv 10 4 300 sharcs-but IL was well known LhaJ
stock sold to-day could not reach oregon IN time
10 kin proxies, which encouraged an attack upon
the price. III, 100 ,. a. oo.i,a M
IN sorac DAYS last week, but they generally, re-
covered ali that was lost III the reaction, ana IN
Inc case of Sugar Trusts made further Important
advance TO 100 l-4alOS. Chicago Gas also 10,
Sanccd upon its previous hest figures ana sold
ca "a National Lead fully recovered, ana closed
at 40 Ia Cotton OIL certificates nuctuated u,
regularly, but closed at about the DcSt price Oh
Wy The S' market closed strong Mt nearly the best
prices OF the day.
WHAT WAS DONE IN BONDS.
Government bonds were quiet and steady at
quotations as follows