New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-02-02
THURSDAY, Feb. l-py

| The stock speculation to-day failed 10 reveal .
| single new feature As has been done huna,aa
times before, without any apparent cause the tone
of the opening directly tn reverse Of yeste,
| days closing. OF course the great sensation NJ,
CURED in the coal shares because of the variety ~
opinions existing to the effect Of yesterdays nm
ceedings at the meeting of the Central of New,Jer
soy and the announcement that the interest On Il,
first mortgage bonds would be promptly paid fact
which until yesterday had never been questioned
Central of New-Jersey opened, amid great excite
ment, at 27l2 declined to 1884, rapidly advanced 10
2Sis, and then dropped to 26 All this occurred be-
fore II o'clock, and embraced transactions agre
eating 1900 shares out of the total for the
day Of 600. 1t is reported that the old warrior
who is generally credited with having furnished the
company with the $4,000 with which to pay its
interest to-day, improved the opportunity afforded
by the excitement to dispose Of abOnt 10000 shares
Of stock which probably makes the put account
look much better than it did yesterday, when the
price was about 22. After midday the stock was
very dull, but rallied to 1854 at the close Delaware
Lackawanna and Western of course rose through
sympathy from $685. to 70i2, afterward sellinga
6Sl2069. In regard to the affirmation. said to be
by authority, that this company has paid all it,
supply bills promptly, it is only necessary to say that
THE TRIBUNE did not publish the contrary until Il
had positive proof of the fact it stated. Delaware
and Hudson opened at 81, advanced to 6ll2, and
closed ut 6O34. The demand for Lake Shore and
Western Union at the opening was particularly
urgent, so that within the first five minutes their
prices each L per cent above the closing
of yesterday, yet the demand was not general, but
confined almost exclusively to one buyer in each
stock. Lake Shore opened at 547s and advanced 10
55as 3D. and then sagged to 54l2. Later there was
q renewal of buying, so that the last price was
551 Western Union started at 1855, rose to 76lt
and then again dropped 10 1853, railying with is
companion to 763S. Michigan Central seems of late
to have been left to take Of tself hang upoa
the fluctuations of it's more active neghbOr. To-
day it sold at 47l2N464047L Central and HGd-
son was unusually active, bat at lower prices aud
but for the purchases vi some of the cqnes in other
stocks probably would have been still lower. Ii
may be of the first Importance to these cllques to
prevent, if possible, "a decline in this stock. The
price ranged from 0240lO0si0lOl' lOl$.
Rock Island sold Mt 101 0sOl01 3l0lSs, and Hi
nois Central at 52052 li05ll2. Chicago and Alton,
with sales of 500 shares, was strong ar l02G lO3.
The st. Pauls were feyeTish on light trading, the
common ranging at 1s401S3s and the preferred az
4S047l264Sl4. Northwest common was without
sale, while the preferred declined to J53iG55ls
Union Pacific sold at 6i$i064 l2065G 6i1s.' The
remainder of the list but lightly touched and
presented no features. AZ the end there was sud-
den exhibition of pyrOtechncs, which caused the
market to close in "baZe of glory" after total
transactions of 10000 shares The following
table shows the
RANGE OF MARKET AT THE STOCK EXCHANGE.
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