New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-02-27

MONDAY, Feb. 26-P. NJ

,.+..r nublished in The Chicago Tribune
= 20, inst dated nj Cheboygan, the Straits Of
o 80 indicates an early opening Of lake navigation
N' tlo ice is breaking mp and floating into Lake
- nd clear Wa can already be seen for ten miles
- as.f,,ard The straits are still frozen over but
~ CT hat the ice is breaking and moving at so early
- .-,rerlv without parallel in years Hence It is
o'' re.sels are beginning TO load at Chicago for
- +te spennc rate for freights being 3l2Sic. per
D. - corn This fully accounts for the reported tur-
.-tr.a, i1 railroad rates
- ..e market to-day opened exceedingly fcvorish
,--.I.- Central and Hudson was prominent
r.uiuc no 9eal. selling ut % q, and then, after
a;,- AZ 9Iaia92a a91l l.. and closing at o. L..
--.,,fous aggregated 21.OOO shares, of which
40 , ,erc sales of investors stock the remainder
.. hong made up of the sales and resales of the
81. lake shore, on the other hand, showed consid-
,, f-sae,s. opening at 47's. II rose 70 Isle, and
e.r n dip % As. recovered to and closed at
Michigan Central also was stronger AZ
.l1u-s311f2t. In the two lastnamed
-. b. temptation for the boys TO ovcrsen them Is
- .bst f.cy seldom fail to do IL when weak. hence
80 and .larp rally Is always in order irrespec tive of
go. Tc-, Pauls We're not particularly active. yes
s.1 about / per cent. the common selling az 7'sG
.-f-r. and the preferred az f7as iG3s9f7ll. Rock
1.t ... N.rtiWcsterus, usual OF late, presented
-. strongest fronts. To-day it is announced
49,. f.. Rock Island Company has determined
=, ts.-s 4o-vcar per cent currency bond
~ .s....r...u ~ JOS present outstanding per cent
..r.. ..I bond which natures 1896, but is now
.....- r, rs. at lOj The noticeable feature OF this
.... ..are s., the fact chat 10 is intended that
e.. ..rv -BlI reserve the right by this Issue 20 In
go. .r. ..1ael debt % SI2,JOO.OOO, instead OF The
-.r. -lm #ucuding the accumulated sinking fund Of
-. a.a1 This announcement gave color 10 a reason
t-- Vance the price OF the stock from 9"ae to 100
although -r closing sale az 997-. Northwestern
.r.H a,,Taf aHtfiv AZ 0f Il
t--e--., higher AZ 5Ii2a52. Eve sold at 7io17a7's
l0.aB Mississippi 90 Jl 5as. each being neglected
T. g.n.. ..l and S. Joseph stocks opened weak but
.,sa ,r I'd a decided recovery a limited amount OF
u..,,aaz common selling at 1Oa11l9. and preferred
a-.fAe-r-3 The company to-day advertises tie pay
mem ai t- interest coupons, due March l. Much dia
81. .fs~. las been recently evinced with the manage
.at OF , company beeauSe of It's failure 70 furnish
,17 report OF irs operations and OF the high sal
,.s, alcu Is was alleged it was paying 10
II. officers. At meeting Of the directors
HE'LL to-iv Mr. W. H. Nelson. the President for more
.Ir past rendered BIS lenation. which was &C.
c... ..- SIR. Joseph Richardson of the mon racine
.-.. .. 4. the vacancy. which Office he Immediately
a1..... lt salary ~ 5000 Per anuuUl. IL rs tN
Trt.. -pt other .ances viii soon occur ID the boid
htf BETTER things u the future from these changes
l- t, aut NOT expect "a obtain the confidence ni the
rra. thou. making full and complete report OF the
con-. -.u .f tho road aud its finances.
l...l shares to-day were without particular feature
I.r.. ana Hudson ovcued down 1 per cent Al 4 and
SOLD. .t.. 90 The TuDyNE'- exclusive report OF To-
- . tie .1if for an appointment n "a receiver, l.ter
r.r- rl Is bur again guraiv broke 10 as when the
cprM.u.....Iu frHm President ID hsnn lto DE found I'D
sr-fr ,Ir,n was made known later again it rallied
brr eos. and o. o-ilg az 81 q and eutiul 2I NeV-
I..u. was active ana hrmer. Hfter weaE opening, al
co. g.. selling mp Ga, and JIen. aIttl uyqAtht
f.......g of la y p.r cent. closing az CAS-. Pacific
y .lel go .s - p "a, and the Expresses were
generally lower OIL small TRANSACTIONS Inc Ioio"Ms
100 ''7. -rI,F ,,,pKrT AT THU STOCK EXCHANGE: