New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-19
the new 4is per cent

arid absorption Of the new Az per cent Got
post Of E 0ntn the corresponding called per cents
eo he week OF 1914 IL is thought by some tnat inc
el.,, 00 days later may cause scarcity OF CON- anu
Consequently hisaST EN- nia hrs result can hardly
any ogbt about except by free importation Of secnri-
pe t, abroad 1t is nevertheless true the specie aN
eraeeS I 6 NV an Jan 20 u 50 600 at this date.
sto,.ynmept bonds have shown marked decline for
q, the per cent issues ana leser one ISe ' nn5
oee az me Arbitration Committee meets win Oppos-
r ron Of the bondh0 iers VINO lf p4se , III ,o
wa ar bend bearing interest al Def cent Tor years,
Spf for years per cent IDr pgrd b1n6s ,he
I feature was renewal OF depression IN the ISSUES o
The eo alton has been confined exclusively to
o., They work il M aud down TO suit thcir
te Pscs mn less iutcrfercd with by the sales or real
owH The alshares opened weak hut later reacted,
thc end were again weak ~ the lowest price ySt
sna a. a.. or Delaware Lackawanna and Western, and or
Icccrdcd i Hudson The lowest for tie week. OF tue
DeaNalJi rs block OF investors stock found market
former "a 5Slo The trunk lines early ia the week, put
from (sce over nominal adyan in The rates for
On a.iSuud freight. but at the end more than the
western ,Tas lost and it discovered that
adSahts ,Te of more importance in "bull" market
pnts seaSnoreut trick. OF che Grangers Chicago Bur
tiah -" - Cniucy suffered the most, dropping from
lngon ~ and only r5ying 10 9Jl2. The free sales OF
iOo ~ soy Boston account remind NeW-forR opera
thS sto - posfon saddled its Hannibal and st Joseph
t"fS o. nov Central stocks upon this market and Gre
an ,ST,iy regarding IL which probably Is not war
ato az other stocks held here can sustain their pres
Tate, s Chicago and Alton also dropped from % TO
e en- C~ao and Rock Island from 1924 to 93hG99i2
W. ~ Xti westerns from 80 TO So and from j3li 10
ss,GqsSSIi, for common and preferred respectively
a. - Fa1ls however, were more steady, the common
Inc q, iIovjug per cent 70 49, while tue preferred
ssas from 46I2 Ills, only declined TO 169 i6ls
IT, sitrr stocks Sustained III anticipation mat
min, for The third week ia March will snow
liz e tie corresponding week OF lS1G, but this Is he
sA tie earnings tien were only SlOSoOO The earn
''I however for the second week, published below,
win the report Of the wheat crop published IN
"s " TEIgrNE, does net Indicate that these cXpecta
,wUs,,iE be realized Western Union Telegraph mas
and
I9,.i,r me week U!;h 8 per cent decline, ana
a. iis lowest price. The usual quarterly, report
a. rho company appeared on Wednesday and on It's
c. was considered to be a good one, but 1t Is 10
ne satisfactory than were al the quarterly statements
H,,.lcd while the company paying per cent per
dpsricr when ended by SUSPENSION OF DIVIDENDS and
St iedcuFnt OF large h0ating debt 1T Is re-
f.f rs suspicious. that the known wealth cOlnpaased
IN H. board ol directors should permit the STOCK 10 nc
fblt of tl-st At 6Z 0O3. If II can earn per cent
aro,our 20 It's statement, 1t Is supposed these genie
-, uI bay il at the present price IN preference 10
c,,,Io. MS Pacific Mail recorded al unusual amount
~ ,DSs 5sd -, but laJcr sold at 22Sl ;. s.
a. tho ,pre-scs American showed activity at cent
dee..t, tiU others being steady.