New-York tribune., 1876-10-27

heretofore had not found expression IN transactions
For the first time in certain cncles tie OPINION was
yentured and acted upon that all the possible ao'dh-
tages to be derived from settlement Of tie SO
called railroad war; had already been more tiah
discounted in the recent rise, and that at the
most from this time ont the game was 10
be only a waiting one. Hence, prices to-day
were feverish and responsive to the varying orders
to buy or sell which happened to preoonlha1e LOT
the moment. Following the announcement that nj
a meeting of the representatives OF the Laho ohoi''
Michigan Central and Canada railroads heiH III ti'
citv today. it had been unanimously resolved to
advance the rates of Eastern bound frei9hts. and
that q meeting Of the trunk lines would soon be
held in furtherance of this object, there oc-
Cured the best rally Of the day. But that
the movement was one of simple manipulation
seems to be indicated by the fact that il possessed
no STAYING power, but easily yielded 10 the FIRST
pressure to sell As to the expected meeting OF the
trunk lines, it may be as well to remark that AT
o'clock to-day leading official of one OF the roads
knew of no such meeting being IN contemplation
Within the past few weeks the operators oil the
Stock Exchange have had the "ralrOad war settled
at least half dozen times, and, beyond doubt, III
the end they will be successful but that II can
be done this Winter. except by the Central
and Hudson yielding the mileage principle III iaVof
of Philadelphia and Baltimore, IS a question yet 10
be solved The transactions of to-day which are
about 10000 less than yesterday embrace Gi,OVo
of Lake Shore at G1 1l406l061 7s0Gla6Z0Gl, ana
$4,000 Michigan Central at 1875 5la494a5li ig@
5Olo OF the Granger stocks, 1t. Pauls were weak,
Chicago and Rock Island barely steady, and the
North Westerns shade iTmer. The coal roads were
variable Delaware, Lackawanna and Western rnsellng
at 3s0778sa 7sQ 7G5s a 1888 and closing weak
New-Jersey Central at 365sG363sa37 4G30' 's@
36lg. and closing steady, while Delaware and Hud-
son. after opening at 7312 and selling up to 74@,
closed offered at 1884, The latter company to-day
sold 100 600 tons Of its coal, at prices ranging rom
> to 30 cents per ton less than realized at It's Septe-
her sale: but noticeable feature of this last Sale'
and one which creates no little comment, was that
ont of the total 100 900 tons two buyers secured
go 400 TONS Western Union was largely
dealt in. at prices ranging from 72l2 to
7312 the final price beng 1915. There seems
to be in preparation a very pretty
fight in this security, the dimensions of which may
make II prudent for small operators " to pass by on
the other sdeD The market closes feycr1sh and M
settled with final changes from yesterdays closing
prices as follows: Declines-NeW-Jclsey Central
Rock Island and Ohio and Mississippi each =; Er1e,
Wabash and Adams Express, each Il; St. Paul, y
Lake Shore, Union Pacific, and United states LA-
press each l2; Hannibal and st. Joseph and ST. Paul
nreferred. each 81 American Express, Delaware,
Lackawanna and Western, is Hannibal and -.
Joseph preferred, 112; and Panama, .. Advances
Central and Hudson and Northwestern preferred
each Is; Delaware and Hudson Il; Northwestern,
l.; Western Union. 81 and Michigan Central q per
cent The following table shows the
RANGE OF TIE HAIkLI.