, 1876-08-25
"Anl Interest.
LOCAL STOCKS


New Yoi,x, Aug. .4.-The excitement growing
ont Of The dissolution ur the coal combination cul.
minated to-day IN a panic IN the securities OF The
c1al ruads Al The opcnlug Of Ll,c Stock Exchange
rusnoss ofs depressing character were circulated
In regard 10 The eoal corporations and their mana.
gers Stories ot opposition con1 sales by the LrhIgh
Valley and the Nav Jersey Central COMPANIES were
numerous. but were not cosrobora,cd. A q con.
fe0ueucs uf these rcnort. nrtccs fell from tic be-
gl,lnlns. AZ the rntrnIug advanced, tho yuunes Of
New Jersey Ccntf4l, Delaware, Laek,yuuna t.
Wchtesn. Delaware & Hudson, and Morris & Es-
reg stocks which came upon tic ,narkot excited
apprehension, aud the .trccs Immediately jumped
u the conclusion ,lst banks and other lenders of
money on those securities had eu!lsl for additional
margins on their loans and, As these tAd not been
furnished, they had thrown thu coal stocks which
Ind formed thu collateral upun tho market, 4
yaslc secued 10 ,ui;e possession u dealers, aud
New jersey Central dsoppud tu 10. decline Of IL
from Ito closing tr!ce et tho previous evening.
Delaware, Lnekawaana t We.tcru fet, from All.
.os1M, Delaware 4 Hudson Cansl stock sunk
from Sth 10 7GS REGULAR and to T54 seller a,,ty
Small lots or Morris s. Esecx sold from Us 10 t,u
On rcunsy,vania cual slack, which WA be nj .,s,
23O w.s Ind. wifi, no sales. TrausaciIons ver.
yery hcnyv. i'm uoo .hares Of neto,xnrc t,rtn.
wanna Il Western. aid An. (o0 ,h.rr. ny
New Jenev central rLanc,no h,nas
r1r,,emcrt RI, i;rb, sDa fo- 1.,,,r.
tho widest Confusion aud tho mint esrrr IN.
irrcst ,,rcr,iIed .rhr los,., hv t,,a L.r,t,~ -,
,hcsn ,ccur,,,ts fan :,mo,t en,,siy ,,nn ,nv,,,.
am t.o,I utocks ,avc nr,Ll wi,hin a vc,rn,,t
nt.n r.I ma r,,t .cci s.en,iIs, .c,no ol,,,,o
nnr snI ,.,,.0 70 ncr ,,.t ,ityid.rJs srnr,t,v
we.ni,v .nt nn,r ,rv..,n-. ,f,,,o sovrht thar ~,
s,,ve law ,l,rr, ,rr.. ,nrno1 f. w,n .,,a.t
IN ,uc,ula,,,n. s,ncc IL, ,rnnbIo heo.n IN III,
tunsanation hnWcVcr, "hlI dtEeef vas been bebr1sh
on the securities Of these companies, aud, nu
lpubt u,,,eb Of lhs Atoek sol Yesterday wa, short
.,,ru lo,,c. hnw.y-r ,r,,, rn,.h ~, .,I .,,lo
s''s"' n's's'' ho"e'e'. wiz 'eaeh '"' an" wkae,
Hna VIII i1ll hsavliy upon many Wltl0wa and
VtfhnDH VINO depended upon 0lsidcnds LOT tl,cr In.
.o1,Ies Az officer nf o..c Of the four s,rone coa1
s,,d ,h,, nv .cltnn !, ~. r,n,ts, ,ss.
.s"".s.n- >.s esso w ~ t"ss! ~ "eo
enaonoteolJ que 10 the ne1lon of anoncy'|ehders
who l,xt! called upon their bo.rowcla for I'D
d,.nusl matciuao on ihclr coa.soclt co!!atcraJs AZ
w. ~. ~ n"s ,'.s w "esal.,es
wsfe 19f""n upon tue nlaskct and aac'laccd, Tho
severe hshlltiE VI the New Jersey central was due
10 .hs Iact thai The fuaJ had extended too mucl,,
unn v.. nnw n,,,,rs.rI ,,v a h.,vv ,rns,1rr ,,n,|
",'. .s', ." "ft'esa ~ "eA'5 "oau"s aen''
10 tue aet'*i. ot a broker 10 Exchange place. Fhr
several days ha hss Ueen d heavy purchaser OF
Nav Je,.sy (.uutf.I AMI ~,rI,ra sIvcr.. ron.'
~, ' eA.'@" 1"'t''o WA
mea' ny ~" s"n'se. was reported
ssat Tn1e nay,ns .os hls customers lo mad
.as aowuwstu coar.e Of Int market, ,aakInr d, Inc
M""sS "t7 sas'o''e's nau 'o''. 1no managers VI
tho coal roads n1c powers IN tho financial world,
Int ntless they nYalIcd thcmue Ives OF ttr f,r,lI
t,rs N, -ntly affirmation fhey must havc Inst rrn