New-York tribune., 1877-05-26

tons for even single month viii aid
largely 10 the cost per ton Of the rodneed quantity
thereby mined it is reasonable TO suppose th'ne Is
no intention OF dcviating from the policy heretofore
80 persistently adhered 10. Again, It may happen
that there is a mistake in calculating the existing
short interest in Delaware, LackawanDa and West
ern because to-day It loaned from 9e. Of per cent
down To Hat Nevertheless. the price, after remain
ing steady at aboGt 42l29 1921, till noon. Was
brought steadily up to 44is and closed az 43's.
after transactions covering 81 900 shares. In
sympathy Morris and Essex advanced from 68's to
G97s, and Delaware and Hudson sold at 3Sas939h-
Jersey Central was more active than OF
late. but declined from 7l2 to $50 because Of tho
prospect Of an immediate foreclosure under the
sohdated mortgage bond. When The TarBUSZ over
a year since ma lie IN exhibit Of the affairs and
diton Of this company. it was called bear raid"
and people invited 70 entertain perfect conf
donce In the stability Of the and the value
Of rs stock. Yet now the forccosng creditors IN
tercst in the property only worth 80 per cent in
the market.
OF the movements Of the day in the Granger
stocks there is but little 20 add 10 that before said
they were bid up tin e. Paul preferred sold 40 5Ols;
Northwest preferred ar SOB and Rock Island at
9i3l II is not unlikely that present holders realize
the Importance cf finding market before rle month
OF june comes M. because If they have studied the
receipts of products for last jane at Chicago and
Milwaukee. together via tne certainty OF the fall
ing of which must oecA next month. they arc
aware that the comparison VII be anything bat
satisfactory.
Lake Shore recorded srles Of 33 600 shares at
prices ranging from 5U0J9l IN $685. a SOS buy at
tua last moment was RAPIDLY marked again tO J0i2;
Central and Hudson, with salts II 1000 shares,
uuCtUated between 81 lsI3i@ G52, but likewise
was made 20 close mp at 92-2 and Michigan
Central, restricted business. sold ~ Il la4lzs
- = t. IUd then ended at 4l5,. There few
rumOrs aHcat affecting these stocks To-day o. nCs "a
o.. hope was cXpr.-cd that 54c Pen~y .yaaia aail-
way would b. Induced 70 Withdraw IFS oJjartlon-
able tart passenger tram. This ln tae eyes Of
the ~pecuiators being lhe mITpl0J" of tb"ircalcg-
lIt.0Us, while the much more Important matter II
trcigits was ignored Concerning the Latter, not
WIth,taading che positive deaIIl., tO reporter, 4
railroad agents, we have t.e auth rity 0i shp@cr3
f1rstt u.r tlat rates are vcry rrr-I rand ,ts. les
seriously eut. The Hannibal aaL StJo~ph e0.l-
u'SG ,tecN was lover aud wraa, selling at I-4-D
I.5-, while the preltrre, w.1, ,teI,y at 24ji.
Nr.t ru lriou Wa. particularly strong, moving
from Ifil tr J4il One prominent cD -Irgr, after
reviewing ti.l-rii .i i.lGu SHARES ,i LAX, >nou 20
DOS Jut- -t -ai. 9Ia..flty ot t.is stock at tii3
tc 81. Pacific Nail a'rr'. from - l3 30 2ull, l.5
later r.r.;er.a i1 '., 3pt..EI yu.. i.t ,Xyr.>-ss
were H--.ecTe.- oGE American selling 90 90 iti-.
Tie .aI,s a, tla iaag oail-}:lJ p. I'D -ot thc open
Bc-lt we're: lun Contra. AMI llG4sou. @ti2; 100
Lake ~'n.r, 5Ji-a- }i-; 100 Rock Isi4i... - "a;
100 oh'o anN mississippi, 5l2; AID 100 Western
la.ou, Ut's.
g.Nor Oh TIE MAIhEr Ar TIVE ~rock FvruAVrH