New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1876-12-23

length of time, and If Il does not movo to protect
ITSELF both trade aud the burdensome railroad CAPT.
tai must in the end fad one common grave
Evidence accumulates that the present railroad
compact must be Of short duration. After four
days session, the freight agents have adjourned
without being able to come to an understanding of
the contract made between tie executive officers of
their respective railroads. This result has been
clearly indicated in this column from the date of
the agreement, as the nature of the agreement was
foreshadowed.
Great interest is evinced in commercial and in
vestnent circles relative to the announcement of the
dividends by the various corporations which usually
pay them at about the year, alluded to in to-
days TRIBUNE and readers of The TRIBUNE gener-
ally express earnest wish to know what are to be
the actual dividends declared particularly by the
railway insurance, coal, and canal companies. The
investigations which going in insurance COM
panes and late revelations regarding the coal com
panes give peculiar interest to this years official an
nouncement
The stock market to-day developed repetition OF
the old tactics of buying dogs to make market fol-
the sale of cats Hence while the trunk lines were
being unloaded by the thousands, the coal railways
were rapidly moved upward on purchases of hun
dreds. But tho pTetoxr for the rise of the latter
new funding scheme of the Central of New-Jersey,
the details OF which will be found below, and upon
which tho price of the stock was advanced to 377s,
and then, after reaction TO 81, closed at 37 From
pure sympathy and judicious manipulation,
Delaware, Lackawanna and Western advanced
to 70, but later sold at 717s072ls. Della
ware and Hudson, however only vibrated
between 71G71L Lake Shore opened firm at 591a
059ss, but sold down to 5sl4. and after reaction
to 5sa4 closed at 5sSs Michigan Central opened up
L. nor cant M d7la and aod nj All, D1g3a AT which
latter figure it closed. Erie was dull at 93s09l2;
but Central and Hudson, after being 1924 bid sold
at 1O2l4 1925. st. Paul was steady at 19l 1872
but the preferred after selling down to 51i2 eX-
hibited spasmodc movement up TO SPA, which,
however, lacked the vitality necessary to hold it
better than 5l5s at the close, The receipts of pro-
duce at Milwaukee for the current week
indicates another large loss in the earnings
at Il decline for the common, with all
the sales of the preferred at 55l2, seller 60 days.
Rock Island was dull at ai010l z. while Illinois
Central recovered per cent of Yesterdays decline.
Western Union was active at 72lsG7ll2 and Pacific
Mail lower at 2fa2il4. The general market closed
weak, with final prices, comparing with those OF
Yesterdays As follows: Dccnes-AtlantiC and
Pacific Telegraph and Erie, each q; Rock Island, ST.
Paul preferred. and Pacific Mail, each d Chicago,
Burlington and Quincy, Michigan Central. North
Western. and Wells, Fargo a Co, each y; Central
and Hudson and Western Union, each q, and Lake
Shore, l. Adyances-Morris and Essex and st. Paul,
each Il A; Wabash and Delaware and Hudson, each
n Adams and American each u; Quicksilver, 94s
Delaware, Lackawanna and Western, y Illinois
Central, /. and Central of New-Jersey, Isl per cent
The following table shows the
RANCE or THE STOCK MARKET: