New-York tribune., 1879-11-26
N. MINING STOCK EXCHANGE SALES.
TUESDAY. Nov. 25-r. NJ.
Western TTnfOn

The stock market to-day opened weak under
continued pressure to sell, and Erie further de-
clined On per cent to 33l2. the market generally
following with proportionate losses. \ special at
tack was made on the coal stocks. when tnrther
reduced their figures from per cent for Delaware
and Hudson to 33i per cent each for DELAWARE
Lackawanna and Western and New-Jersey Central
Following that there was a sharp reaction which
was so quickly executed that within ten minutes
of its commencement prices were more than re-
stored 10 the opening figures. Then succeeded an
irregular and feversh market for the remainder OK
the day. with varying results. The first annual
election for directors of the New-fork, Lake Eric
and Western Railroad Company was the subject Oh
much discussion and the occasion Of the starting OF
several rnmors to the composition Oh
the new Board. Tho ticket which was elected
will be found printed elsewhere. The re-
trement of Messrs. Samuel Sloan and William
Walter Phelps to dispose of the Delaware,
Lackawanna and Western Company's interest In
tho road. and the election of Mr.. Thomas Dickson
gives to the Delaware and Hudson representation
Mr. yanderbps former secret representation Is not
increased, unless Harrison Durkee, who IS direc-
tor in the Western Union Telegraph Company, may
be considered as an addition to thai influence The
result is not at all in accord with the severai
rumors which were circulated early in the day, but
its highest figure, 37os that all the elects OF ds
anpointmcnt at the result probably have been seem
The fluctuations of prices for stocks during the
day were not more than was natural after such 2
shaking up as the market received last week, ana
the volume of business done ass, ,45O shares shows
thar the speculation was only scOtched ana noo
killed. But the day has developed the fact that tho
speculation now is not entirely one-sded EVidentiX
there has been formed a formidable bear
organizations which intends to resist an ad-
vance of prices This, whatever may be tho
result either of the contcndinR parties, VIII make
the speculation lively, relieve the market Oh thau
monotony which has marked 1t for the last lew
mouths and make il a safer one TO trade IN. inns
the fluctuations of to-day have covered wide
are unimportant The changes from the last
prices of yesterday are as follows: -
DecInes-Delaware, Lackawanna and Western,iei
Illinois Central, New-lork Elevated and ONO and
Mississippi each Il Hannibal and ST. Joseph COM
mon and preferred Louisville and Nashville, Mo.
bile and Ohio, Ohio and Mississippi preferred and
American District Telegraph, each l2 st. Paul, 's;
Alton and 1erre Haute, Boston Air Line Chicago,
burlington aud Quincy. Erie and Western, and ST:
Paul and Sioux City, each st. Paul preferred ana
Wabash preferred each Il canada southern ana
Kansas Pacific, each y; Nashville. Chatianooga and
St Louis. L 70; United states Express, Manhattan
and ST. Louis and san Francisco preferred, each
2L; American Express. pig ST. Paul aud Sioux
Guy preferred, 2s4 ST. Louis and san Francisco
preferred, 3is Chesapeake and ONO hrst pre1erred,
il4: aud Houston and Texas. per cent. Advances
Northern Pacific, Iron Mountain, and ATLANTIC
and Pacific Telegraph, each A; C., I. and
/. C., Chesapeake and Ohio, Northwest pre-
Louis Wabash aud Pacific. Pacific Mail, and
New Jersey Central, each L. Western Union ana
Lake Shore, each o. Missouri, Kansas and Texas,
Morris and Essex, Erie. and Northern pacihe pre-
ferred each q Delaware and Hudson ana Michigan
Central, each 7s Reading. l; Union Pacific los and
Alton and Terre Haute preferred, 2i2 per cent.
RANCE W fuE STOCK nAgggI
Asr,portd bv the Gold and Stock TstesraDa comvanr