New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-02-03
ADDITIONAL SALES AFTER CALL.
FRIDAY, Feb. 2-P. NJ.

The special feature of the stock speculation to-day
was Western Union. which, although characterized
by much pluck evidently does not rest upon bed
of roses devoid of some thOrDs. Opening at 1872 IL
Immediately was selling at 1854, and then almost as
Quickly was quoted at 76l4. From this point there
was steady rise TO 1913; some hesitation at re-
action TO 1863, and then a brush to n, with 1nal
sales at 76ab3. The transactions in the stock az
gregatcd 4G,40O shares, out of an entire total for
all stocks of 10000 shares. Lake Shore at the
opening was bought by single broker TO the extent
of 5000 shares at IA 55l2 after which the stock
was dull at 55G55la. but finally closed at 5ia.
Michigan Central after selling at 47ls046'SU4Ii y,
dropped to 46l2, but rallied to 46A. The
dulhcss of Central and Hudson was i'm
proved to bid its price up to 102l4,
but real stock being met at this price, the plan was
abandoned resulting i'll its closing quotation beng
1O13salO15s. Rock Island was neglected at lola
lO101 l2G 1915, while Illinois Central on slight
scare was brought by bears" up 10 5212 later sell
ing at 81 and closing offered at the price. Chicago
burlington and Quincy was lower at IT. with the
best bid al the close of 10 The recent mortgaging
OF the ST. Louis, Rock Island and Chicago Railroad
for 50 500 coo which cost it but 81, 5000 is not
regarded favorably by thinking men. The St Pauls
were barely steady within range of 81 per cent. or
the North Westerns it is scarcelyworth whle.t even
remark rs it is we'll understood in the board that
bat two or three parties ever buy or sell share OF
them; to-day the total recorded transactions are
800 shares of preferred at 55ai. We expect
soon to be able to give the names OF the
financial institutions which are loaning their
depostors' money upon their stocks. Union
Pacific was higher on the " stock telegraph tape" at
G5l2 with reported transactions of COO shares. All
the sales of Erie were at the one price of oos.
Wabash sold, assessment of 81 paid, at s40S. and
Ohio and Mississippi was steady at z. Tie Hahnl-
bal and st. Joseph stocks were lower at II for the
common and 257s for the preferred on report that
the Chicago and Alton contemplated building line
connecting with its own, which would prove to be q
serious competitor. We should scarcely think that
the existing business would encourage such an enter
prise on the part of the Chicago and Alton. The
coal shares much less active but subject TO fire.
quent fluctuations. Central OF NeW-JcTsey improved
from its opening price Of 2G3i to III aud aftcrwaTd
sold at 26lfl1265s a % l2O2Gd255sQ2G. We learn
that q bona fidc stakeholder, who called at the com
pany'S Office with the intention of there dccldlng
whether or not il was for his interest TO subscribe
his proportion for the certificate of Indebtedness"
was refused all information sight Of the subscrp
ton list Gnt the company would be happy to take ls
subscription fOrany amount. Delaware. LackaWanna
and Western sold al Goa 693sd GS 7sid G9osa GS' oU
G9lf1 o. The trading in this stock develops one ica-
tuIC to wit, tat those who were caught short oi IL AT
this price when ii last went to n are determined rot
tQ be caught second time. DeaWare and hudson
lard up for several days, venturcd out at - ANA
sailed away 2jl2 but later, perhaps owing To the
threatening weather, returned to 2Jlt. In express
stocks tie only feature was an improvements i'll
United States 10 81 Aside from the Western Union
speciality, the market closed weak. The following
table shows the
RAkGE OF me MARKET AT THE STOCK EXCHANGE: