The New York herald., 1877-02-14
Further Decline in Western Union, New Jersey Central
Delaware and HUDSON and DeaWar
LaEawanm and Western.
GOLD STEADY AT 1O5 1-2.
Government Securities Steady-Railroad Bonds
Weaker Money on Call Easy at 2 l-2
and 3 1-2 Per Cent
WALL STREET.

TUESDAY, Fob 1876 r. n.
The cry Of "no bottom" Is a cheering and reassur.
ing sound TO the Of which is trying TO
claw of Ice shore In gale OF wind but II comes with
quito another meaning TO unfortunate investors who
have embarked their oounes in the shipwrcckcd coal
stock, From all appearances the plummet OF public
opinion has not as yet sounded tho bottom values
of these properties for to-day still deeper depths
were found and upon the lead line of the price
list fa
All three Of the prominent anthracite properties
started of at the opening the downward track,
der the depressing influence created BY the selection
OF 10 take charge of the Lehigh and Wilkes
harre Company and the imminence OF Ao appoint
ment Tor the New Jersey Central road. The announce
ment made last evening that ex-Chancellor William.
son had named the position OF receiver in the
latter company premature, but that such
officer is upon the eve OF being appointed
is without doubt fact II 10 stated that Mr. Knight
the president, will best meet the wish OF tho stock
holders. but failing him that Mr. John Kean, ono Of
tho New Jersey directors, will be placed In charge.
meeting Of parties Interested called at Elizabeth
this afternoon and the probabilities are that steps
will be taken tho Court for receiver before ad
journment Al the moment receiverships, witb the
street. TO be the panacca for the Ills OF all suffer
ing corporations an the bears are ready TO admin
ster them whcro they think they will do the most
good as though they potions from chemists
shop. Thus to-day II was agreed that Delaware and
Hudson required doctorng, and It forthwith voted
that receiver was the proper medicine to given. The
remedy. however. only aggravated tho disease, for
under the report OF such intended action the stock
sold rapidly down from 10 TO IS, and only recovered
Iate in the day to AN, when the rumor was de-
nicd Delaware and Lackawanna suffered with
its fellow c,al carriers TO the extent OF
2H per cent at one time, though one-halt Of tho
loss was regaincd at tho close. The most extensive
trading OF the day was to be met with In this stock,
though of all the anthracite fances IL was the least
affected by rumors Alter tho stock mentioned,
Western Union came in for the largest share OF atten
ton, though transactions we're compassed by the
limits Of per cent, and the loss tho best price of
the day was traction at the Close The mouchdrds
of the board, who kindly look into other peoples 6us
ness had it down in black and white that Mr.. Gould
was a buyer and Mr.. Sage a seller, and that from
Is, 900 to 10000 shares the amount that passed
from one to the other
Tho telegraph stock is losing something OF the sweet
and pleasant SAVIOR which from favorable
declaration of earnings and its quarterly dividends
under tho antagonism OF the rival limo which has
further developed itself in replacing the Western Union
Company tho lines Of tho Baltimore and Ohio
Railroad and by the reported adhesion Of the California
party to its fortunes.
Pretty much the whole list yielded In strength to
tho baleul influence OF tho coal properties, though The
Northwestern stocks proved exception IN advancing
against the current During the last hour manifest
Improvement however, set In under the leadership Of
the chief iances, and Of the mornings loss was
rcgained.
SILVER.
London, SD. per ounce; New York, 81 23x a 81 "a
per ounce
THE SALES TO-DAY.
The sales Of active stocks to-day aggregated 2oS
shares which were distributed as follows:-Now York
Central and HUDSON 4140; Erie 5, $50; Lake shore,
81 45O; Cleveland Pttsburg, 6lS; Northwestern,
1900; do. preferred, ., 100; Rock Island 29l5 Pa
clfc Mail. 1900; st. Paul. 800; do. preferred,
1900; Ohios 300; Western Union, 1855; Union Pa
cinc 800; Delaware, Lackawanna and Western 46 500
New Jersey Central, 9.25O; Michigan Central, e72O
Illinois Central, 700; Delaware and Hudson Canal,
1895.
OPENING, HIGHEST AND LOWEST PRICES
IT. fcIow.no tahlc showa tho Ousntnp highest md