New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1880-01-31
THIRD CALT.--2:30 r. VI.
FRIDAY. Jan. SOP. NJ.

FRIDAY. Jan. 3o-P. NJ
The result OF the last years operations of the
Delaware. Lacka anna and Western Coal Company
has been unexpectedly good and shows that at
the present price of coal the company can earn
enough to resume dividends. The company mined
and sold four millions Of tons for the year ending
January l. 1850. Its rank was third in this regard.
beir- surpassed only by the Reading and the Lee
high Valley. The rents and all other outlay OF
the leased roads, the cost OF new third rail, and
other expenses which might properly be charged to
construction account were all paid out of the
ings leaving fair balance of profit for the years
business. And this is without taking into ac-
count assets in the treasury in the shape or
stock and bonds of other roads, whose market value
has greatly increased. THIS result is shown upon
only partial use Of the eompany's resources. II
owns seventeen collieries only nine of these were
operated for the whole year. OF the others, -four
were not worked all. and the remaining four were
worked only few months. The following Is the
statement for 1879. compared with that for 1878;
1873 1879. Differences.
ISs. Al sSPsfSSss Ins
Bal ne, income. ss,65i,4s4 e3sIo452 Inc. sl5s,ois
S on SCnds% rents selO72i s0244sl Inc 1907
Surplus. s4O7Io sis6.o9I Inc. 1881
iG moved Voa 2s7l,47O $685. ol Inc. i.se6Csi
The stock speculation to-day was stronger again,
a
due to TWO or three special movements. Erle ana
the coal shares the conspicuous features Of the
markets much So that out of total business which
amounted TO 3i4. 900 shares these stocks con-
tributed 167, 700 shares-Erie los 300; Delaware,
Lackawana and Western, $4,000; New-Jersey
Central. II 900; and Delaware aud hndsons d,aoo
4eis, Ai rose to {7a and closed at ,47aas. This
movement is based upon the anticipated advantages
TO the Erie from larger apportionment OF East
bound freight, both TO New-York and the East,
which is now the subject of negotiation between the
Erie aud the Central and Hudson Companies. lhe
movement in the coal stocks is largely against the
short interest, and on aknowlcdqe of the favor.
able results in D. L. W. Inc rest oil the msfRes
narrow range, and at the end the gains aud losses
were very evenly balanced.
The final changes from the closing prices yester-
day are as follows: Northwest, Lake
and and Pacific telegraph, each Isl Rock Island
% spa lrS Smd snnSs ' SSa St. jos &
80; Western Union, L.; Michigan Central and
New-Jersey Central. each o. Central PAcInc, "
waited, each 81 Hannibal and ST. Joseph preferred,
81 Chicago, burlington and Quincy, Morris and and
H Hudson an" and oa Es s sSSn i"Ganapc
Bloomington and Western, Ere, preierred and
Heading, each 1 Il and Oregon Railroad and Navt-
Delaware, Lackawanna and Western, Mobile and
Ohio and Missouri, Kansas and Texas, each Is e., G:
and l. c., Lake Erie and Western. Marietta aud
and American TX Dress each i St. Louis and
San Francisco, Union Pacific. and Wabash
pIeferred, each b 4; Chicago. ST. Paul and Minne-
apolis. Central and Hudson. Northern Pacific com;
won and preferred, st. Paul aud Sioux City, and
Ohio. Q. Metropolitan Elevated, "; Boston Air
Line. Chicago st. Louis and NewOrleans, Man
haitian Elevated, Pullman Palace Car. aud United
States Express, each !; Louisville and Nashville.
1l2; and Indianapolis, Cincinnati and Lafayette,
ia per cent.
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