The New York herald., 1877-03-22
FINANCIAL And COMMERCIAL.
An Active Stock Market, with a
Furry in the Coal Stocks.
GOLD 1O4 3-4 A 1O4 rs.
Investment Securities Quiet
and Steady.
Money on Call Easy at 2 1-2
GOLD 1O4 3-4 A 1O4 rs.
Money on Call Easy at 2 l-2
q 3 Per Cent.
WALL STREET,

"WEDNESDAY, March Il, 1911
II was .'aus Cesar, aa nmLus' to-day. Either coal
'tocks nothing. Beyond dealings in these iancies
Dr. for matter OF that, beyond the trans
,ctions and frequent fluctuations In Delaware and
Lackawanna--there little note taken OF what be-
came OF the rest Of the market In consequence the
quality OF the general list may be quoted as they do
cotton-from fair 10 mddlng. The better grade OF
prices prevailed earlier part of the day. and tho
less favorable In the afternoon and in a great
established by the Of the anthracite
tances, as already suggested On nice dguring OF
freight charges regards the proper allowance to be
made for tho difference Of distance between Newburg
and New York and Wcehawkon and New York, II
out that the auction of the Pennsylvania
Company's coal did not result SO badly after all In
fact II was much better than had bocn predicted
that II seemed almost satisfactory In comparison. In
decd tho bears, who had looked for 'blue run," ap.
pcared so 10 think and 70 act the sharp demand
Tor stock to cover shorts went to prove Moreover,
there the meeting OF tho coal magnates to be held
to-<ay, and the possibility OF a patching up Of
combination at least upon the cards, even II 1t
were remote The strengthening breeze thus
blowing from quarters at once, naturally Kicked
up end OF and sent the price Of Delaware and
Lackawanna spinning from So to so and OF Delaware
and Hudson from 40 10 51A AS usual, so soon the
twopenny ha'penny shorts had got under and
the wei. over, prices began to HESITATE hen
totter, aud subsequently, to fall In this they
helped by the news that the meeting had
adjourned until Wednesday ncxt, without deciding
upon any definite plan of action. It leaked out that
new combination unlikely to be obtained as the
desire OF child who cries Tor tho moon, and that at
tonton directed to the more feasible project of
limiting production To consider scheme which
Will work out this end we told committee, con-
sistng Of Mcssrs Dickson and Sayre, was appointed
3, last st.no
Meantime stockholders are likely to remain shaking
In their shoes, they have been doing tor some tme
past and continue visiting tho with sly
trbutions OF real stock the certificates OF which have
grown yellow wiAh long keeping At the very close OF
business the quotations Tor the coal carriers were tho
lowest OF the day. and stood at per cent below the
opening ones. AS of the 217, 900 shares which the
aggregate Of the days business over 121, 900
out Of transactions IN Delaware and
Lackawanna, Il Is sufficiently apparent that
whatever trade there was loft must have been OF
the most retail description. Lake Shore and Western
Union got the best OF this traffic. following the
ments of the favories with fluctuations OF their own
which did not much exceed one-hal point each, and
ultimately closing up where they began. It thus fell
put that the OF the market, far progress
sion goes, about successful as that Of circus
horse which begins and finishes his rapid and saw
dusty career ut and the spot
THE sALKs TO-DAY.
The sale Of active stocks to-day aggregated 10000
shares which worc distributed as follows New York
Central $500; Erie, 1885, Lake Shore, 81, 400; Wa
bash, 1,7O0; Northwestern, 100; DO preferred 200;
Delaware Lackawanna and Western, 121, $40; New
Jersey Central, 100; Delaware and Hudson Canal,
2o724 Morris and Essex, 4OO Michigan Central. AGA;
Illinois Central, $50; Union Pacnc 100; Chicago,
Burlington and Quincy GAO; Hannibal and st. Joseph,
l0o do. preferred, 30o Ohio and Mississippi 1900;
Western Union, 2O,soO; Atlantic and Pacific Tcle-
graph 525; Rock Island, 600; Milwaukee and ST. Paul.
100; do preferred $780, Pacific Mail, $50; Quick.
silver. 800; United States Express, 425.
OPENING, HIGHEST AND LOWEST.
The following table shows the opening, highest and