New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1882-11-30

come ofrt. Either opinion, or both. IL venerable
tertained, would serve the purpose of trnsin. y.
to temporary advance of prices, PARTICULARS :. :
day preceding holiday, when the sat,.s. :
"shortp interest would b. SURE In VIZ ~
cover II prices were strong. The market or.-
weak at materially lower figures than last evs,s !,
closing prices-an event which was patnr.J -.
the discovery that all the reports upon which ~.
tcrd,y's late advance was made were inco-s'..
The checking OF the decline, however. was To- -,
den and too energetic to Indicate desire "a, -.
further accumulation Of stocks at as low Agn,.. -
possible preparatory to prolonged "bulIr 49,.
paign On the contrary, all the maneuyres q, =.
first hours business seemed TO be dictated r. =
hopeless desperation. The old granger atock. -
supported in the early dealings with
much vig0r as were any other Ella. -
stocks, bat later the announcements -
made, and was circulated in tissue form th,o'.I
the street. that the market had cut loose f,o, -,
Grangers" and no longer would be affected bv ,,.-.
fortuitous presentation to the Sub-Treasn,r.
81 76O, 0OG bonds, under the offer Ia 49,.
$10000,000 of any of the Gigs without regard =
their numbers helped to impart buoyapcv 20 ~
situation although it has not been apparent Tn
the money quotations before had affected nrisa. :.
much as is per cent After the decline was cbecL "A
and prices were turned upward the coal s,ock. -
ceived special attention, and OF these Delava-,
Lackawanna aad Western from I25L, :,
1872 and Central of New.Jersev H..
6si2 TO 72) were the favorte cards Va.
only last June Delaware, Lackawana and Wes,sr,
was considered as high at 125 by the persona VIII
to-day were the seemingly conspicuous buyers. ara
the outlook for the coal trade last June was mueh
better than it is to-day As to the Central OF N.v
jersey there was renewed talk about the commit,..
appointed to devise means of taking the road On.
of the receivers hand, Simple as this process 4.
tho paying of the cOmpany's debit the talk A
methods for the taking out of receivers hands
has q well known and familiar sound The fact /.
the company has passed through two years AZ
unexampled prosperity for the coal interest tina
equal Of which cannot be expected TO be n.
peated IN several years, and its debt, instead q
decreasing, has steadily increased. The result az
the days york is that the scattered shOrtp inter-
est is entirely eliminated from the situation but IL
is questionable If, except in one two individual
cases, he manipulating forces have not accumulated
stocks. such was not the intention of the day',
manipulation, because the outside situation is IN.
changed and the winters prospects for business are
not what wish they WERE Probably none in
the stock business more fully understand that fact
than those operators who on "early information
Of Mondays settlement of the railway war; loaded
ny with stocks for turn. At the close the market
was weak at prices which were considerably lower
than the best prices of the day.
The principal business in Government bonds was
in the IS, at steady figures Other issues were dull
but the quotations were stimulated by the large
amount OF unspecled numbers of the 3i2s presented
for redemption; the bids for the As D. and Tor
the 412s Il per cent higher. Annexed the closing
quotations