New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-02-01

WEDNESDAY,. Jan. 31-r. NJ.

Soma. ten months since iHE tribune called the al
t. sr the public 10 the condition Of the great coal
r,,,..... 40 the same TIN foreshadowine the III
r.I.... results which are now being worked out.
t.,, ,.,.ar- of stocks of the different companies
b...r IBID. warning then given, and s'ld their secu-
r.... .. the prices Nail-st. then paying
ln.t. l.,ec majority were lulle5 INTO security hy
official circular, and ur,elaare> which were more
devoted to dcnuucatiou of TIE TRIBUNE than-to
rpy 200 the facts which il had presented. THIS lat
trr class are now rcpeIting OF their folly
and -.:- their stocks at decline of from 30 10 80
p.r ,,t The lesson to the holders of other Sc
entities concerning which TIE Tribune has since
presented figures unanswered except after the
fl,u.. Oh. the reply given by the coal compam~-a
r.c.H and unpartlcullrzcd GENIAL should not 20
wl..l.l. The public holding Central and Hud-
.,l and Lake shore may. and probably VIII ten
months hence be as sorry that they did not improve
n. .rmIty now offered by a Nall-sJ. Hanipu-
s-lu % sell their stocks are he holders OF Dc,a-
ware. Lackawauna and Western. Delaware and
Hudson and Central OF Ncw-Jcisey, that they did
u.t lc.J thc warning note sounded last April
In thr stock market to-day the first feature was
large ORDER 10 buy Western Union, which quickly
,g.r q lle price from 7Gl. 10 -. after tine oXecu-
ton OK which the price gradually sagecd 10 1'i2,
and closed with only reaction to 755s. Lake
~.,r..i the same time was marked up to 5Ja4, hut
It-cl,........d % 5Iai, and closed a. the lowest
price In, stated that the clique in this stock have
ENGAGED large SUMS of money from one or two Ma
t..a.' banks. with the intention of marking Ii up
- ar . p,r cent, but when such things come to be
r.noi-.. q, is safe to accept them only with large
oul.ti,. of salt. Nevertheless it is undoubtedly
tric rla. tine parties ~ interest are SO h'aVlY
loaded with the Accommodations of an eieht
months speculation, that b. IS extremely dangerous
- >.I. any large quantity snort unless the Pu'Wc
conc tu tu sell the 300 600 SHARES when tleF hjid.
Central and Hudson opened ~ lO2l2 but Declined
t,1H4 huu-lng up 40 1927, 40 the close so as 20
Ml.. .-S look pleasant. Inc -. Iauls 1H li'
l.t...tI uck-they probably VIII not show loss Tor
tire l,. week oil January, 10 days. Of over 3'0Ooo-
cam. zap iull of vim at lNl2 for the common ana
az ? tHe preferred hteiNaId selhh4 3i :" ana
-i~7- uui later declined 10 l. and =. he North
Western, Were simply steady. while Rock Island
dc,.ia.a iiom lo2 90 lGl's~ liAnoi, Central so'd
down -u JOlt and recovered 10 81. lLc coal
sla... . .Ie heavy and lower ia tine early trading,
recovering later with the sharp un aLce,
lrd r. jersey Central. ON report that ihe company
Dad ,...-etrd u raising The money necessary to pay
the interest due tO-inOrTOw On MS iIst mortgage
i3go- .f -, 900 900 Numerous stories are ahGai as
lan. this money was raised bur. a. none ~ iheih
pr.,. tiat 10 was not borrowed from Somt source,
d j. . matter Of httle consequence. ] he truth
tins .c.fns 10 bc that the company does nor
rev r.r interest ON ITS paltIy rySt mort
gage bond of S5OUO,UOO, but nnds some
friend ",,bo has another friend who Is Will
llg o. advance tie funds upon q consdcr,ton,
which uav hc o rise u tie stock market. hence
tie company floating dcDt tomorrow nlgi. WEI Toe
$4,000 greater than Tonight. re price OF ihe
stock to-day was 24ia2i lla2IdZG. Delaware,
lark4uir.I and Western sold al 63l "a 80 = ana
tAeu following jersey Central rose - t3l2 closing
at6.dS Delaware and hudson dropped from 90 2"
Si ro~ 20 ~ -. and closed at tU-2 Inc chi} Ie;.-
tnt 30 expresses was continued ""dhIra7 ih
United states, which sold az 49, The market gen
tIah closed ragged. The following table SHOWS tht
EAs4L .f ruL ytRKET AT THs STOCK EXCHANGE.