Morning journal and courier., 1892-02-12

Unprecedented Activity and Ad. vances Scored in the Market-Over
 Half Million Reading Shares Sold -Intense Excitement at the open. tng-Rapid Advance in Jersey Cen. tral-Marked Gain in Ontario and
 Western.
 NEW YoRK, February Il.
 The market to-day in point of activity and ex- tent of advances scored was unprecedented. New England, Erie and Ontario and Western show sales of more than 100 900 shares each, and Readings total was over half a million. The gains were on equally large scale. The stim- ulus of the advance in the coalers extended only to stocks believed to be favorably affected by tho new deal, including New England and New York, Ontario and Western. The coal stocks were bought with great confidence by investors as well as spectators. The market opened with great activity and at materially higher figures in most cases, Reading being up 215 per cent, and the crowd was the largest ever seen in any one stock since the foundation of the exchange. The excitement was intense and the trading in the stock for the first quarter hour reached consider ably 100 900 shares, lots of 00O shares being exceptionally small at the time The price rose steadily in the face of heavy realizations to GA. when it halted and went back, but in the late trading 64zs was touched, and the stock closed with . net gain of sA per cent. at 641s. Jersey Central was rushed up from 130 to 13s16 and it closed at s71s gain of 8 per cent. Delaware and Hudson was raised more rapidly in the late trading, and closed at its highest fgure-136, with gain of 51h At the same time Lacka- wana, which was sluggish in the forenoon, rose sharply from 157 to 1e3, but closed per cent low CT with gain of only 44 per cont. New Eng land rose from 4Sss to 5616 and closed at 534 with gain of 47s. The most marked feature, however, was the sudden activity and strength in Ontario and Western, which rose from 1914 to 2316, and whose final gain was 2B per cent. Erie, St. Paul. Northern Pacific preferred, Atchison and Chicago Gas were specially active, and the last named was specially strong for a time, cross ing 50, but failed to hold the improvement. Rock Island was the special weak point during tho forenoon. but it fully recovered its loss later and closed unchanged. The general list was com paratively neglected and fuctuatsd within mar row limits, in marked contrast to the few lead. CTS in which sales on the bulges led to sharp do clnes, but were always followed by equally sharp rallies. The market on the whole was a sensational one.
 The close was strong and confined to pract cally to first figures The efforts to bring about combination among the btuminous coal roaos are said to be meeting a favorable reception.
 In the railroad bond market owing 10 enor nous transactions in the Reading issues the grand total was run up to an unprecedented fig ure. The strength in those bonds however, failed to stimulate marked gains in the rest, though strong temper prevailed all through the session. The advances in Reading bonds ranged from 1N to per cent
 Following are the closing prices, reported by PRINCE & wHIrKLY, bankers and brokers, GA Broadway, N. Y, and l5 Center street, New Ha- ven Conn.