The New York herald., 1877-03-21
FINANCIAL and COMMERCIAL.
An Active Stock Mar.
ket.
Advance in the Coal
Stocks.
GOLD l04 3-4 A 104 5-8 A 104 81.
Money Easy at 2 a 3 1-2 Per
Cent on Call.
GOLD iO4 3-4 A IO4 So A 1o4 81.
WALL STREET, /
TUranAy. March 30-6 ?. ".

IUEaoAYs Mnrch 40 =. u.
Figured ss planetary system, the entire share list
has to-day rcvovei around the coal stocks az central
sun There was heat enough evolved to iorce
growth IN prices and 70 warm tho bears a. the Same
time. a. was demonstrated by the alscrty with which
shorts were covered The result tho more dis
ooararng. IN that frcezing" process ~ applied "a
holders ot osg stock. IL most consonant 10 the beartsh
mud aud Tho result OF to-days coal sales was
aisappoiniiugy fxvorabe Much stress mad been laid
Upon ,he Slaughter Of prices which. had been pre-
alciea. from the amount Of coal offer
sng aud the scanty demand 10 meet II. and for this
reason the short interest had been materially
Increased. AZ turned out tho results OF
,hs sas we're voted W be unfavorabe from
bearsh standpoint particularly so when
was agured up that the extraordinary
amount 22s. 600 tons disposed Of 10 eager buyers
had been takcn At decline Of only .06 $40
per cent from tho safes Of February last Apparently
prices to-day were 10 20 cents per ton lower
tnan those obtained month. oat tho allowance for
freirhtare between Newbarg twhen the deliveries OF
io-day's sales 10 be madei and wcehawken when
of the previous msdcl reduces the
difference 10 the fractional quantity quoted above To
further strengthen quotations of the coal carriers,
story probably maaaiAcsarcd ou, Of whole cloth,
pat anoat that President sloan had invitcd q meeting
OF the various coal companies to-morrow. for the
purpose Of suggesting plan looking TO restoration OF
the old combination. How New Jersey Central
and Lehleh and wilkcsbarre, In their present
anomalous condition, aud to obtain relation.
ship IN the projected happy family, 10
matter Of no ,io doubt. aud we must wait Tor timc
TO solve the riddle n there be any to solve Howbct
tho circumstances referred 10 effective In giving
sharp turn upward to Delaware and Lackswanna aud
Delaware and Hudson early IN tho day, though later
on. when per cent difference for 90 days was
made by some up,crrihcd bears the nrst named
stock and the shorts generally had rered TO figure up
losses prices y,clded somewhat and closed up about
midway between the highest and lowest OF the session.
While tho already cited were OF chief ala In
q trcngthcning way, something additional was lent
through premiums paid for borrowed stock, since
as much as La y was paid for days
uso OF shares OF the two Dclawarex The rail-
way and miscellaneous market was kept In tho
background by the rroniincncc OF tho coal
carriers but nevertheless came In for fair share
OF attention. particularly far ss Western Union and
Lake shore were concerned The nrst closed al 6oA
lex dividend Of y per cent. which was fractional
decline from the days best figures and the second at
<ss. being about midway between high and low water
mark as expressed by the mornings prices The
friends OF Burlington and Quincy seem 10 have plucked
up fresh courage for the day At least ANA were ready
takers Of tho stock for investment high o.? tho
advance being IRON % yesterday. The Improvements
failed hold, however, the closing quotation oeing
about ~. There nothing remarkable about the
other specuativcs other Than commendabo degreo OF
nrmncss, which hopeful bulls trust may be a SILVER
lining 70 the cloud and at the prcoics that
tho velvet SO long trodden upon BY the successiui
bears will be found cotton bacxipg amer all
THE TO-DAY.
Tho sales Of active stocks to-day were 40 foliows-
New York Central Erie 1900; do preferred. l2s;
Lake Shore Al 2oo Wabash, 500; Northwestern, also;
do preferred 00o Rock Island 1918; Milwaukee and
ST Paul, 600; do preferred, aoco; Ptssburg LA;
Delaware, Lackawanna and Western, 3,loo; New
Jersey Central 5000; Delaware and Hudson Canal,
1850; Michigan Central, i7oo Illinois Central, looi
Union Pacific 1900; Chicago, Burlington and Quincy.
1854; c., c. and Indiana Central, 400; Hannibal and
ST. Joseph, 1907 do. preferred, 200; OHIO and Msss-
sipp 100; Western Union, 2o.9oo Atlantic and Pacific
Telegraph, 1865; Pacific Mail, 5,2oo
OPENING, HIGHEST AND LOWEST