New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1877-03-30

OF the principal companies. However, the weeks
proongatlon of uncertainty is quite likely to
afford opportunities to the speculative officials to make
few good turns IN the stock market before settling
down TO the position OF inactivity which they had
so long held prior TO covering their shorts ten days
since. ID noted to-day by than person in
attendance that there a remarkably active move
ment OF to and from in close prOxm
y to that occupied by the conference and guessed
that the small envelopes which passed out and in con-
tanned orders to and reports from Walst Thus far the
Reading Company Is the only which seems to have
awakened TO q realizing Of the position IL under-a
stands that so 81 advance per restricted
production will avail nothing, and hence 1t Is
pushing it's coal 10 o market, up and down the
Atlantic coast well making experimental shipments
to foreign ports 1t is quite likely that those investors
who improve the opportunity offered by spectators
to dispose of their Delaware Lackawanna and Western
and Delaware ard Hudson stocks will be saved from the
necessity Of joining that numerous who are
regrctting they Did not heed THE TRIBUSE's warning
relative to Central OF Ncw-Jersey.
The trunk line stocks to-day but little less active
than those of the coal 1t longer denied that
the East bound freishts utterly democrat
zed with indications that advantages possessed by
New-York, through its water connections again 10
he sacrificed by OF rates solely induced by Inflated
and fictitious railway capitals Every one knows that
the nominal through rates Of the past Winter but little
If any, than pay actual expenses Of carriage by
canals would Naturally bring the bulk OF produce to New
YORK at ri least half the actual cost To the rail-
ways, policy is adopted, which dvcrts the produc
tons OF Middle and Southern Iowa and Illinois from the
lake ports to the connections OF the Pennsylvania and
Baltimore and OHIO roads 1t is perhaps possible afe
a few more years when the present policy of our rail-
roads-whch allows the ports of Philadelphia and
Baltimore and 3 per cent discrimination during the
Winter months and in the Summer seeks to ruin the
lake and canal interest by ruinous to itself even
If capitalized at vaue--sha have succeeded in the
avowed object OF closing the canals that the merchants
Of may wake MP the fact that its commerce
is gone and too late day make their voices heard III
the legislative halls at Albany.
The stock market opened heavy and declined sharply
in the first few minutes, after which there partial
recovery, followed ny dull and dropping spirit for
the remainder of the day. Central and Hudson sold
from 92l4 down TO 81 sales OF 200 shares later raj
lying 9@ls hut closing at Ola Lake shore sod AT
4Sl5a5Tl2a4s Hicmc9n Central AZ 4ol20JS@l
aud Erie at J7.HJ2a, In Philadelphia Penns!IVdhE
Railroad stock declined > r. and the quotations OF
Baltimore aud OHIO came from Baltimore at 10
Illinois Central maor . further decline 10 9"A x ek
ton ana Quincy weak ut inbl3 0lO0l2 The Northwest
lower and SOFT al SIS and 90 for the com
mon and preferred respectively, WINE ne %
P.uls were steady. Ohio aud Mississippi T.
corded its get lowest piiee oi 4'r, Closing =
Delaware. LaCsaY;uUa and western opened az ooeG
cola declined 10 JSa. after when large pslncSs WIS
done at GG0GOs then dropped TO % Is, rallied 10 5J"s
followed By auCtacr decline TO IS another rally to 5Hs
and ending al jS5s, closed the transactions IN 93pOO
shares. Delaware and Hudson fuctuaed between JVi2
and asa closing at I3l Morris and Essex sold ~ Sl@
sl H. and Central OF NeY-Jcr-cy AZ e7s. Western
Union fcI from 90 20 Ola, closing al ol ana racine
To-moii ow being Good Friday, the Stock Exchange
will hold no session having adjourned I'll Saturday
RANGE OF TnE MARKET AT THE STOCK EXCHANGE;