New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1878-01-26

principal subject Of speculation during the week
and mOnOpOlzed more than half of the total trans
actions After having sold up to G3ls it closes just
where 1t closed week ago, at 013i. Michigan Cen
trail which has sold mp to 62, also closes at the same
price as on last Friday nght-60l2. Both of these
stocks during the week have received the special at
tention of the bull clique. Central and Hudson
after selling up to 1868 and down to 1922,
closes at 10G, against 1862 week ago. Eile,
which has been more active than usual, records y
decline of y on the weeks business. Inc STOCKS o.
the wheat roads. which alone OF the granger hiiss
have prospects Of better business Tor SIX mouths
than they had tor the corresponding SIX months OF
1877, have not held their own in price, 81: Faui
common declining 1s, and preferred 10; Northwest
preferred declined 81 and common closed & higher
Bat then it must be remembered that the prices OF
these stocks sometime ago discounted the great
wheat crop of 1871 On the other hand, ana
the present market, the stocks OF the corn
roads whose receipts are certain to be less than for
last year. are all higher. Chicago, Burlington and
Quincy is at 1913 against 1922 last week. Chicago
and Alton. 10 against 77l2: Illinois Central, 1lSS
against 1884, aud Rock Island, 897s against y5'S.
Tie guaranteed stocks of the Pennsylvania Com
from Ola to 50. and PittsPurg from 754 TO IO'i@
7l7s. The Hannibal and st. Joseph stocks are
lower, the common being liz against IA iaSt
week, and the preferred, 2Jl4 against 2C's, ONO
and Mississippi is 7la against 77s, and Wabash! lGh
against 1915. Union Pacific has sold up from o|"i
TO 6S5s, and closes at 6Sl2. 80
aware Lackawanna aud Western selling from DO
5lli TO 49li aI97s: Delaware AM, Hudson from d
TO 4sl4G 1873; Albany and susquehanna from % TO
140Z5; Morris and Essex ir0m 75'h to 71ssd! 1925,
and Central of New-Jersey from 10 to 15Wlol4;
The speculative holders Of these stocks purchased
them IN anticipation of a coal combination, ana
they are now waiting for public to come ana take
them off their hands To-day the " Board of Con,
troll will hold its first meeting to direct what shall
be the total tonnage Of all the companies for
the month Of February. If large alnOult is named,
low price for coal Will result If small amount,
there will be a small tonnage for the Reading Raii-
road aud for the railroads Whose interest and dlVl-
dens are guaranteed by the Delaware, LackawaIlna
and Western and Delaware and Hudson companies
The alternative presented to these companies Is TN
pleasant to contemplate, provided that It is sup
posed that any one of them intend to pay the sight.
est attention 10 the orders of Board of Control
Which Is without authority anc power to enforce It's
rules. - $50
Western Union has exhibited some little life az
speculation during the week. IL has been s,rong at
Is, weak at 764, and 80 so" at TIA, its closing
price against - 4 a week ago Tie express stock;
have been fairly traded in, hut without material
fluctuations, excepting in United States, when
closes al decline of per cent for the week lax
ing = all in ALL 1t must be admitted that the
&" bulls have succeeded III malntalrmg bold 'front.'
in the face of adverse circumstances.