The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-02-18
FTy.fNCTiL AND COMMERCIAL.

SATURDAY Feb. Up. M.-Ihc operations
at the Stock Exchange failed 10 elicit special re-
mark among the regular hahituts Of daily
speculation. though tho aggregate volume of
business was respectable. and. In n few of the
sO-called active fayoritcs. there WIS n fair
amount of dealings. 1t has been for several
days evident that the leading operators were
either specializing independently on u small
scale or were lighting ehy Of each other. and
the transactions possessed no significance be-
yund dash Mt this stO or that. in
tended 10 cover movements in an GU
tircly different direction. Tho coal shares,
of course came i'm for their mudicum oi
attention. amt Delaware and Hudson to-day
fell e cent. e. A.. on information pretty freely
circulated yesterday that an Application had
been or would be made Tor "A receiver OF this
company; but Judge Donohue on further re-
Election. discovered the stock -Johhlug dodge ~
the document. and has Withdrawn his approval
Of the same. II may toe here added for the
benefit Of the wreckers. that they are pushing
this inJun ton business altogether beyond the
realms ol prudence; anu II ~ well Tor over
enthusiastic Spectators, who may have
amassod n fortune 10y the decline in NV jersey
Central, b. take an observation 10 fore vula4, NJ
in fresh wuriurc against corpOrHiiuns con-
Quoted ON a more substantial basis. II the
Delaware and Hudson Company p really ia tie
yo'utVc. as 30 many positively assert. tho
forthcoming annual report should give sum 'l' MT
data on which a fresh bear movement may find
u,ir ~ S'r.,i,,.t,,'',.i th, '',,rt,r,tinn
has done ~ well as could have been
u.
report: before striking out indi-criminntcly on
an idea tina, all Goa, properties must 20 60 de-
struction The leased branches. such IN Albany
and SusI uehannn. and II MSS lacr and Sara
toga. have not probably proved rrnuneratiy"
and these lines. it is possible may I've thrown
overheard at the proper period: but time. in
view Of the experiences of the past year In coal
stu ks. will doubtless -ugr ~ 20 the managers
OF this large interest a course which will COM
mcnd itsrlf TOT army Of investors. THIS sto'k
atDr it, drop a. -. rs already chr'nloled, took
AL. a 4. an N.fNH t
thu shorts 90 cover their contrnrs hut II sunso-
quently reacted to 81. regular way. and A.. -'.il-
or 60. with closing transactions. however. al ~
i'tke Shore was thc Conspicuous, feature ol me
day. because of a well urgnniz"d movement to
break iis price. and which, under tnls inilu-
enc. WIS forced down cont" from
52s 10 d.. but il subsequently rallied
t. 5l4 in the hpal otraQQsei tons, p. and
opened and closed At 69h. having during the
duy sold rs high ~ 10 for small amounts, and
M low ~ 65f. seller ;. and 90 s"llord1 Della
bus ness. yielded from 60 a. %, but then raj
lied 10 $50, though subsequently becoming
ular way. New York Central h'@arn also COM
splrn9n- IN me aiEriN9n deallnSsl and d.
eined from gs ,, to ~, seller 60, md VA. eler
10 with final -a'rs M HIfs: and there WIS also a
disposition TO sell 81 Paul preferred. which was
thus carried down from a. . t. 40 . NJ the OPEN
ing, but it"rWari ranged at 49, veg IS q. seller D.
AMI closed at 4G't seller 3. Rock Island opened
~ a7'so91A, AMI a,lNnu"d Ia 9s Ia the at''
transl tons and Northwestern preferred ro-r
from 49, 10 An, hut M common WIS weak az a
decline to 81. NV J"rs,y Central without
alira ting any special attention. moved up FROM
Ia. tl1l4. aud Michigan Central. ON limited
transactions, ranged At 80 IA .. seller TO- liar.
lem WIS weak AT a further d"elin" from III to
lj1 IN small am9uhi-, anh Ia" preferred also
Sold az l3i, hut Uniln Pa iii'W g cont. bet
t'r at COS. Quirksiiyrr range Il Hand a .or
tho common and preferred rDrpr iNfly.
The following represents the open ng, hiEh-
est AMI lowest salys, REGULAR way: "l t4' prn-
gpal stocks durin-- tho pHei rA, together with
tll