New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-04-14
OFFICIAL REPORT or AMERICAN ALgIyG BoAR1
SALES-APRIL 10, 1877.
FIRST BOAKD-11 O'CLOCK A. ".
FRIDAY, April 1872. N.

The stock market to-day was a continued
Joint effort BIZ known bears" and holders OF n.y.
pohecatcd stocks TO allay distrust and impart
steadincss. Yet tho one or two attempts to sell,
after what ought TO have been a sufficient mani
puation made It apparent that there existed real
market Hence the work continued TO the end,
sutng the last prices being about the best Of the day
One OF the principal features OF the day the
sharp decline and recovery price Of Chicago and Rock
Island stock which time threatened precipate
a renewal Of the panic The stock opened at 9l9914.
declined to 40 sales Of about 1900 shares from
which broke 20 s64 and then rallied to above ST. and
steady until it was announced by the President Of
the stock Exchange that Ut the request OF the executive
committee Of the company he, in company with Of
the most respectable OF your members" had visited
the office of the Chicago Rock Island and Pacific Rail-
road, and personally seen the certificates OF
1920 shares OF stock held by the company,
in accordance with its last report. On this the
stock quickly sold up to s9l2 and then after one more
reaction to ssh, 10 9Gsi9JOSs The North-Westerns
found much smaller market than Rock Island so that
the OF liquidation is delayed the business each
not exceeding usual days work The common opened
at l7l2 and declined to Is sales OF 1900 shares,
which comprised more than onehaf OF the days tOta
aferward it, fluctuations frequent. with final sales
at l62. The preferred started at 432, then Halo
43ll.
A opposed to The stocks already named, the general
ulitheL opener Liiu Win no
pearance Of buOyancy Western Union was a feature in
sudden rise from 577 So later breaking to 81 on at
tempts to sell, and then recovering TO j905sss.
Central and Hudson followed from 92I4 10
922I, aterward selling at 9lis9J2ls Lake
shore at first steady at 47la0473.,
then yielded to 467s, only to a;er sell at
4s3s at which It closed. Tie persistent bulng OF
this stock is mystery 10 the street. but it forgotten
that rs ssainor OF the general market it the safest
NJ alt lsea ia pt for II
being now Ike the old Erie OF spectators. Michigan
Central opened at 40 to 40i aud then declined 10
3Sl4. ralying 20 aud closing at $685. Sc Piuls sold
II 1870 s, and the preferred at 43l2 742Ia
Q44as Chicago Burlington and Quincy was steady
at 80, and Illinois Central higher at 1874 disli
The Hannibal and st. JOsephs were both lower and
weak; tie common at 9a9 and the preferred at 2OIt
The companys delay in furnishing the public with the
long promised statement Of its affairs Is becoming tire
10 stockholders The coal companies, after a slight
decline from opening prices, made further improve
mcnt and closed at the CHEST u the day The stocks
were still kept scarce for delivery, and it is openly
charged that persons possession Of the stocks who
have sold them and three points above present
prices, Intentionally holding back stock due three and
four days since, for the purpose OF affecting the price,
The excitement growing out of the recent report
corning Delaware and Hudson was to-day renewed by
the announcement that the Stock Exchange offers
ward OF - 900, and the Delaware aud Hudson OF
ike for the discovery and conviction Of origna-
OF the report Delaware, Lackawanna and Western
at TG2 as Delaware ana Hudson az 1901 i2Ql4 and
Central Of New-Jeisey at s49S. Panama sold at So for
100 shares ana at S9d9O for odd lots Pacific Mail,
after declining from lol4 10 l55s closed at l7s EK-
presses steady at quotations. The market closed
with stimulated strength preparatory TO tomorrow's
opening.
Tne sales at the last call-3:15 p. m.-Of the Open
Board were as follows 800 Lake shore ASH 100 Micbi-
gan Central, 39o; 700 81 Paul preferred 444a44ls
100 Ohio aud Mississippi 37s;. ZOO Delaware, Lcka.
HUDSON 42i 100 v. j. Ccntra, SIS, aud 800 Western
Union. JSS4.