New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-10-07
FRIDAY, Oct. 6-P. NJ.

The dealings at the Stock Exchange to-day were
characterized by continuance of the fever which
ragged so furOusly yesterday, it being in some cases
even more violent. But toward the end there were
indications of returning health. The early an
nouncement of the failure of a large and promi-
nent trader, in consequence Of his inability to
deliver the stocks which he had sold in lib
eral quantities. added vim TO the transactions
and contributed TO the excitement because those to
whom his stocks were due became simultaneous
buyers to close his accounts. New-Jersey Central
further advanced to 40l2 but subsequently sold at
37I203S12 Delaware Lackawanna and Western
was comparatively quiet, selling at 73's@73A0H
071le. The shorts in this stock seem to have pretty
we'll closed up yesterday. Delaware and Hudson
was duh at G0l2GG9% 0GS0GSl2. strange
piece of news affecting this company
finds its way from London, by which it seems that
an effort is being made to raise money on the other
side of the Atlantic and at cxorbiant rate of in
terest. The london Mining Journal of Sept IL con-
tans the following announcement:
The Scottish American Investment Company an
the Issue of 1000 per cent INST consolidated
auenana r. X Co. principal ana interest guaranteed By
the Delaware and Hudson Canal Company
Lake Shore to-day sold up 10 5G2i, and down to
555s closing at $685. Michigan Central sold at ASS
alG. and then at 41U4lls. The liquidation IN each
of these stocks was large; the bears being the
principal buyers, and the "bullS" seemingly willing
sellers All rumOrs and predictions 10 the contrary,
there is no ground for expecting the so-caled rail-
road war TO come to an immediate end. The North
Westerns were higher and advanced TO 36ls
for the common and Glib for the preferred;
but their strength was not tested 10y an
attempt to market much stock. The ST. Pauls
opened weak, aud continued weak all day, although
the preferred rallied to IS, after selling at J1I.
Central and Hudson advanced 10 1913. and closed at
1912 Rock Island, after selling at 1919, sold at
1OO5sa1OO7s. OF each of these last two named
stocks there is a steadily accommodating supply III Inc
hands of brokers from those Of investors, and the
recent advance to above par has rather accelerated
than retarded it, Taking it all in all the market
closes steady at decline from the
highest prices. The final changes from the
closing prices OF yesterday "a follows:
Advances: Delaware and Hudson, Il Western
Union, IS Atlantic and Pacific Telegraph and Nor
ris and Essex each l.; Rock Island os United
Scates Express Wabash. and Hannibal and st. 10
seph each d; Chicago and Alton preferred and
North West preferred each North West. lbs; ILL
nos Central and Chicago and Alton each 1Sf; New
York aud New-Hayen, 3; and Wells Fargo & Go.
Express 4. Declines: Atlantic and Pacific pre-
farred, Erie, Lake Shore, Ohio and Mississippi, aud
Pacific Mail each Is; Missouri Pacific and Michigan
Central each a; st. Paul preferred. -; Hannibal
and st. Joseph preferred y; and Delaware, lacka-
wanna and Western, 15o por cent. The following
table shows thc