New-York tribune., 1877-05-18

brokers', which, being carefully watched bv N.
manipulatOrs was made TO look strong when The ON
pOrtunity offered. Yet the closing prices in ne.,i
every Gaze show a decline from last evening Tha
opening was naked by fair degree Of gteadines,
followed by decline, and then by sharp ralIv 20
prices above the opening, which in turn was spc.
ceeded by dull, dropping. and discouraged feeling
The orders either to buy or sell were on sneb
limited scale that there was not the sightes,
difficulty in advancing prices, but the troubIe
was discovered when, after having done So il vss
developed that there less market at the adyanc.
than Inc fore The coal sfoc ks continued Ia he IaJ
ing feature in the speculation and were particularly
erratc in their movements. Delaware, Lackaw9pna
and Western opened az 45afJls and after declining
10 437s was sharply rallied 10 f55s, from which Il
later fell off tO ALL. Delaware aud Hudson started
at 10, sold at 39640l4, and finally closed at 393s
Morris and Essex, after selling at 7O@60i4, rallied
to 70l4 but closed at G9as again to-day the report
was current that Mr. GOwen hal eabled
his consent to a suspension Of mining
operations and this report was used TO produce ths
rally in prices referred to- n view of the fact that
at a late hour this afternoon are assured nothing
has been heard from him IN regard 10 the matter
and that this is the second day upon which the re-
port has been used TO influence the price of stocksD
we respectfully submit to the Law Committee Of the
Stock Exchange if IL is not time these reports cal
cuated or intended TO induce widows aud orphans
to buy stocks, were stopped by the offer
of liberal reward for the discovery Of the origin
ator of them. Come, gentlemen, what IS for the
goose must be for the gandcT! Lake Shore was
comparatively steady for time between J2l20
52l4 but later was rapidly bid up to g. only to
close down per cent at 517s. Central aud Hudson
held al about 92l2 till by a brilliant coup it
was marked $685. closing however At 923i Mich
igan Central opened at ~, and followed the for
tunes OF the Others up 10 1913 and then back again
to ~. Rock Island, after selling at 93d9234 got up
TO 033s and ended at 03. TIE TRIBUNE deicrs COM
ment on the extract from the annual report Of this
company, which is gong the rounds of the press
till 1t has an opportunity 10 examine the report in
detail, which is not yet ready Tor distribution,
simply reaTkng that the showing stated, Is lar
behind the one tor the previous year. The ~. Paul
stocks to-day steady the preferred ranging at
4Sli 0lsl lsdjIs6sG4Sli. North-Weseern ruled at
20l2020ll ll02O3G20l and the preferred on light
trading at 452s145AG45l2 Dino aud Mississippi
was active at 5SsG G6isa5l2, other railway sharos
presenting no feature. Western Union, after OPEN
ing at 63 and selling at 624, rallied t. G3,s, but
ended at 6Z5s. Adams Express sold at o., eX dyi-
dend, and American at J0AG43li. The market
closed feversh and weak.
The sales at the last call-3:15 p. m.-Of the Open
Board were: 100 Central and Hudson, 32&s 200
Lake Shore, 5l@f05l5s951$i; 100 Erie 03s 100
Rock Island 923i; 100 ST. Paul preferred, +Sl4 !;
100 Wabash, 4ls; 100 Delaware, LackaWanna aid
Western, Ills and 300 Western Union, 623i.
RAHGE oF TIiE MARKET AT TIE NIoCh EAChANGE