The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1877-06-13
The Market Strong, with the Exception
Of the Coal Stocks.
GOLD lO4 7-S A los 1-S A lO5.
Government Stocks Weak. Railroad Bonds
Dull and Irregular.
tONEY ON CALL EASY AT I A 2 PER CENT.
WALL SrREEr.

WALL STREET.
TUESDAY. Juno 1916 p. III.
abe coal stocks seem to have gained as bad name
the dog In the aphorism. There inclination
hunt them to death, az though they hydrophobc
epitzcs, taglcss and Unregistered AS though tho
actual condition Of the anthracite fanccs was not
amentabIo enough in the natural OF things tho
romancers Of the Board to-day blurted out report
which had been quietly whispered on Saturday, that
Inc two Deiawares would follow the Pennsylvania Coal
vompany's sale Of 200 900 tons by additional Offer
Ing upon their account Of 500 00U tons more This
was piling Ossa upon Pclion with vengeance. and
implied a weight to be carried that tho market for
sharcs unable to sustain. So prices fell to the
lowest figures yet made, under this rumor and under
he belief that the Reading road, with its swashbuckler
policy. would sell its coal for tho best price II
would bring To shareholders or unfortunate pos.
SCISSORS Of long stock there was but little balm
In so unpromisng GIead, but what little there
was extracted in the shape Of bonus upon borrowed
stock, the charge upon Morris and Essex averaging
per cent and upon Delaware and Lackawanna lilo per
cent for one days use. Although these rates would
beokcn extended short interest," aud consequently
latent supporting power, the quotations show de-
cline the OF the day. for Morris and Essex
Of 81 per cent, for Delaware and Lackawanna 2s per
cent and for Delaware and Hudson per cont The
rumors Of these additional sales threatened seem
better than "bounce," understood by tho origna-
tors OF false reports. AT the very close OF tho day
prices looked up slightly, aud there was gasp for
breath, which may or may not bc satisfied
in time to come. AS the anthracitcs werc
weak the railroads strong, partc-
ularly Central and Hudson, which attracted
than usual attention and was dealt in to tho cx.
tent OF $4,000 shares Mr.. Vanderbilt slnco his
return has been accepted hand at
the bellows and is expected TO brighten up the Ares of
fresh speculation in his favorite Stocks So think
apparently the bow window party, who have been large
buyers OF both Lake Shore and Central and Hudson,
the latter stock advancing to-day u cent under their
purchases. The remainder OF the market danced In
attendance upon the leading stocks being lively de-
pressed as tho cue was gwen them, but developing
nothing OF themselves that asks for comment
THE SALES TO-DAY.
Tue sales OF active stocks the Board to-day aggre.
gated 29,ss4 shares, which distributed fol.
ows:-New York Central, $500; Lake Shore SO, 100;
Wabash, 400; Northwestern, 4o0 DO preferred 1903;
Rock Island, s. 100; Milwaukee ana St. Paul. 400; do
preferred $1,000 Pisburg, 125; Delaware, Lackawanna
and Western, 1C0 43s New Jersey Central l73; Della
and Hudson Canal, 1870; Morris and Essex,
l5S: Michigan Central, 1,S00 Illinois Central 800;
Union Pacific 2l0; Western Union, ID, 700; Atlantic and
Pacific Telegraph, 1907 Pacific Mail, 2oo QUICKSILVER,
90
OPENING, HIGHEST AND LOWEST.
The following table shows tho opening. highest and