, 1880-02-04

Of Pacific Mail stock. whtct, no olntins TINT ho
was led to tnly by tho uas,rAnccs Of his hssocf.
ntcs III tho Union Pacific 1lonrl ttat now cum
trnct would be mns1o. Shortly afterwards tho
officers OF tho consolidated Company Refused
even 10 consider tho demands Of tho Steamship
Company. This rrf.tsal WIS followed by a dcc-
laratlon of war In frcfxht-ratea t,y tho Pacific
Mall Company.
As to Erie, tho Now York n,aD E3'd'f.f', tays
Tint rllrElurs nrc plentiful lint Tho VnnderhIlts
hAvo become interested IN II. Whether this ts
eo or not, Il Is known TINT their immediate
friends, like M. D. O. Mills, of California, mil
his fricntl Mr.. Kccnc, hRvc ot Into hccn largo
buyers ct the stocks nnl bon.ts Of the Company.
fN fsCt, Mr. Kcene Is s,lI.t u be selling "plts"
and "strR,ldtcs IN Eric; md MI tho Vanderbilt
brs,kcrs while not Bnytng much that can be
quoted. tnk ns II thoy believed that a rise III
Eric Is Imminent sGo the saIo Ut 20, ,0o0 shares
ut New York Central 10 tho syndtcntu, which III.
cl,ilIed the wnDnsh managers, It ought to havo
caused no surprise IN SEQ the 0ratlunl develop
ncnt of plan which bt1niRht the Erie md New
York Central and tho Wabash system, With its
extensive notifications, into close business
unity.
In Boston last week tho market was falriy net
i've throughout, but townrd the close n
tttlo less vigorous tone, OTIS Of the natural
restR" after 1uny.tont!nup,a advances. Atchl-
Hon Nebraska declined frs,m n To III. Atohl-
son & Topeka moving up steadily from 13lH 10
13ix, made jump to 1857, closing at 1854 bid,
It Is understood TINT this Comrnny-ho Chicago,
burlington 4 Quincy-al,l Jny Gould hnvo made
MI ans[cnb1o settlement Of thor dfGrcucct in
reference 10 freight trul7!c. burlington l. Mis-
aouri, l43H TO 148, then 40 and bnck tolls clos.
Ing at 141N asked. 140.< hid: Cedar naIhds, 10dz
| to III; Chicago L. Western Michigan declined
from o. tn a4H; Cincinnati h santlusky, l8E 10
1TA. but cloRcl Mt lT,s bill. Detroit, Lnnsing h
Northern common advanced frnm 20, Jan l, to
rs; preferred, no snlcs: lust salcs ut Ito: 10th
these stocks will pay a dividend Of w per cent
Feb. /. Knnsas City 4 Fort Scott declined fr9u,
| II TO 45sf; preferred. u to 70. Kansas City i
Lawrence advanced % to s8li. Kansas City 4
st. Joseph little dull at 10, decline from \.
| Little NSek wenkcncd frntn 59f to bE4, but the
earnings and land sales for JanuRry will TN.
| aoubtedly glro thu stock another buom next
weed. Ogdcnsburx has been very nutive through
the week, hut declined from 3aA 10 31A. The
| preferred advanced from il to E3Gs1. It must
eventually go to pnr rs matters now look. Phi.
cblo opened tho week Mt g. rcccled TO 81h, and
Inter, moved up 10 o. closing Mt ~ lid, .s:1i
| asked.
Thu annual statement OF tho Delaware, Lack.
awnl,nn T. Western Railroad Company for 1871
shows, Rross earnings from nll sources, S19,0t2,
I'M; less Expenses, $lg. .l31 ,s9; bnnncc net earn
ings, $l,6l0, ,4bl; deduct Interest OH bonds mi
rentals Of leaaeh roatts fId ,45o: actual prnit
for ycnr, $3.50 ual; add surplus Incomo to Dcu. 1t
1S7a $l,0, III; total, a. 4Ess l40. Tile entirc cost
| OF tho change OF gauge, heretofore kept RS nj
nssct, has been entirely written on tho books oI
tho Company, nAtnrly, ss,ls09 lcnvIng income
! account surplus, Dec. II, 1SiD, 1868, ST.