New-York tribune., 1876-11-29

TO meet the great trade OF the Northwest wmen na
eomemsurae with the trade that be readily com
manded Arrangements are now ben 9einK made LOOKING
IL should be understood that the report referred
to is for year ended Sept 80 1876, which includes
last Winter, when all the railroads were working IN
harmony and the Spring and Summer, when New
York's water communications with the interior
should give TO it advantage over all other ports
The stock market to-day has simply proven the cor
rectness of our grain friends description OF 1t: the
space or market to turn stocks over in Is extremely
Iimited-henee after disposing of a few shares the
necessity of Immediately taking them back to pre-
vent serious decline in prices. The tracing to-day
WAS even more restricted than yesterday but
generally Mt better prices. Lake Shore, after open
ing at 56l4, was soon made stiff at $685. and
sold up to 81, closing at 5G3i. Michigan Central
sold from 1888 to 1884, closing at 43i2. Erie was
lightly touched at 93i010097s, and Central and
Hudson at 102l2 The st. Pauls were better at
2OlsG2O for the common, and 51oSG 30 2ls052 for
the preferred But Rock Island and the North
Westerns carried off the palm a successful ma
nipulation. The first from 9Ssi to 1OOA, and
only reacted TO 9934G997s while Northwest com
mon sold ND from 347s 20 353i, and the preferred
from 5S to 593iO595s. We are indebted to a mem
Der of the Government Committee of the Stock EX-
change forthe reason why these stocks remain so firm
1t is well known that both of these companies nave
persisteuly refused to comply with the request OF
the Stock Exchange to furnish reports OF theT
weekly and monthly earnings short time
SINCE when the st. Paul stocks were particularly
weak a committeeman was approached by mem
Der Of the Stock Exchange who Is also director IN
the Rock Island and Northwest roads, and who
justified the companies refusal to furnish reports by
calling attention to the weakness of the St. Pauls
IL. 4.evo
had we consented to give the earnings of the North
West road. il would be selling as low that
stock.D 1t would seem as if here was spIen-
did opportunity to try the experiment OF say
ing Report your earnings oraccept the alternative
Of having your securities and stocks stricken from
our ist1 Ii probable that the lOaners of money
would be as well satisfied with the collateral if they
could not each day quotation OF the stock
The coal shares after being better at l20Si per
cent advance, became weak, and so closed. Inc
Lehigh Navigation COmpany's regular dividend was
passed to-day, which amounts to default on the
part Of jersey Central Railroad Company, which
leases it, guaranteeing certain fixed rental west
ern Union improved from 713s to 72li, closing at
72 n moving cause TO such result being the forma-
ton Of pool to buy 10000 shares as an offset TO
very weak attempt to bear the stock through an
extensively advertised correspondence. we were
in error yesterday in quoting Adams Express as
declining per cent II seems that the sales at 105
were ex-dvdcnd, but they were not so quoted
neither was the dividend advertised; hence our
slip. The market closed duh, but steady such be-
ing the orders, showing final changes from lastnght
as follows: Adyanccs-C., G. and !. c., Delaware
and Hudson, Hannibal and ST. Joseph st. Paul
common and preferred, and Union Pacific, each 4
Michigan Central, %; Lake Shore, q; Western
Union o.; Northwest and Wabash, 81 Hannibal
and st. Joseph preferred, rs; Rock Island, Ia;
Ncw-York and New-IIayen, ll2j North-West pre-
ferred, 1s,; and Panama, 3i2. Declines-Oho and
Mississippi Il Central Of NewJersey. 3; Illinois
Central. I,; and Harlem per cent The following
table shows the