New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1883-08-28
MONDAY. Aug. 27-P. "

MONDAY Aug 27-P. "
The transactions in stocks to-day, which aDount-
ed 10 4O5515 shares. we're unusually well distrlb-
uted through the list OF ordinarily active stocks
The snrinkage IN values also was general, Dut as
rule was tine more conspicuous with the STOCKS re-
cording the largest business, A sharp decline III
tho nr,ce of Lake Shore from 103si TO l00Ss0
lOlas0lO1, however, was special feature OF !ne
day. The transactions in the stock amounted only
TO 81. 800 shares. OF this amount probably 49,
600 OF g. 900 shares represent actual sales OF stock
which has been carried from the time this price
was 1120114. and the remainder is simply the
I'm Vine and selling of traders The stock actually
sold has passed into hands loss able to carry 1t In
declining market than was the holder who SOFA IL.
Central and Hudson, as usual OF late was heiu
rather firm to aid the general market; Dut IL -
worthy of notice that the closing prce oil that
stock tonight, l144-Only down % per cent. ior
the days now 10 per cent. higher t0an the price
of Lake Shore, while little time back the diiier-
ence between the two prices was only per cent
rho postion of Central and Hudson stock in this
market however, is shown by the fact that IL
closed 114l2 bid for stock deliverable TO-
morrow, and was offered at 113 seller W
DAVIS. Among the coal stocks, Philadel-
mia g. Reading exhibited an exceptional
strength. while Delaware, Lackawanna aud West
orn sold down from 100 to 1875. and Central OF
New.Jersey fell off IRON 797s@S0 to 1874. The
final changes show Reading to be "a higher than
Saturday Delaware Lackawanna and Western 1
nsr cent lower and Central of New-Jersey IS lower
The late rally in the coal stocks was aided by
report from Kiernan's Wall Street News Bureau to
the effect that the coal companies have agreed TO
advance the circular price 10 to 20 cents per ton
an September /. II the report Is true the notion
of the advance is shown by an unusually long and
careful review Of the coal situation printed Ill last
Saturdays Engineering and Mining journal. me
Journal confirms what THE TRIBUNE has printed
that the Western markets have been stocked fui OF
| coal at the companies risk. 1t says:
The West is loaded up with coal, and at Buffalo there
are miles OF loaded which advances have peen
i win not DO 70 argue pc.s esewher
In this vicinity retailers have bought as ucn as tney
70 sSse so do for delivery to the end Of
With these before them. 1t Is not astonishing as
spV good TO 20 on producing present rate and at
the same time higher circular rates Inc latter
| comnetitlon with ow-priced bituminous Goals FOR
other It is possible only by cnralng tne oaH
today is not better worse than that OF any
other leading industry and the EFFORTS 70 MAKE inc
unfsyoraby upon It, Those In the trade know enough
actual sIs s S ooa S %a Snyer viii
uose Who buy will simply restrict their require
ments If An effort made to put up the price without
restricting the supply.
The General List" printed at the head of this
column sufficiently shows the drift o.
the general market. But 1T should
be noted that Denver and Rio Grande en-
loved special reactionary movement at the CLOS
and ended 1ls higher than on Saturday. Inc CLOS
ing rally however. presented no different aspect
than the last rallies of preceding days and there
no reason to suppose that IL had any different sig
nification-a disposition of the trading bears"
close accounts before the adjournment.