The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-06-20
FINANCIAL AND ComakRciAL.

MONDAY, June 19--P. NJ The stock mar
ket started OF strong under the leadership Of
Lake Shore. assisted by the manipulation Of thu
cliques In Northwesterns and st. Pauls ana, in
View OF the limited volume OF business, there
was a decided upward tendency, but at the nrst
board Western Union took a sudden drop from
6si. to 6S1, seller 8, on rumor Of an Intended in
junction against the payment OF its quarterly
dividend, and soon afterward the coal roads
were subjected to lively bammering on a false
report that the Delaware, Lackawanna and
Western Company would pass Its july dividend.
This stock. In consequence broke from lO0k to
14h, ana 1919. seller 3, while New JERSEY Cen
trial at the sane time declined az " cent. to
AZ, seller 3. and 73%, seller co. Delaware and
HUDSON so far sympathized a. to yield 3 n
cent. u 100 a. compared with Saturdays quota
tions. and THIS disturbance for time democrat
tied the general list, carving down ct. Pauls u
to AZ and III. for the common and preferred re-
spectv~ly, Lake shore dropping y " cent. to b4X.
and North westerns also becOmlDv weak. Toward
the close OF business, however, Western Union
was employed to strengthen the market aud by
a sudden movement to %, encouraged the de-
morslzed ranks Of the bulls, 50 that there was q
recovery In tue final dealings OF MOL n cent.
Rock Island was conspicuous for its strength
throughout the day, advancing = TO 1873, aud
closing :at 1907. Pacific OF Missouri sold { 10,
Erie at l3ht1l31s. and New York Central rallied
/ " cent. To 10Y ex dividend, but the traDsac-
lions were confined to a few stocks alluded to
S s%pS s Sesss Of New a Jersey ss
Central was noticeable because OF the unusual
amount OF long stock thrown upon the market
during the fright Of the holders. and Atlantic
snd Pacihc Telegraph attracted attention by It's
advance To 49,.
The total number OF shares dealt In was S4.62o,
OF when Lake Shore represented 20,341 West
ern Union. 1880 st. Paul, 800 do preferred,
i,lbO Northwestern, $500 do. preferred, 1900
Delaware, lIackaw anna aud Western. b,+lB New
Jersey Central, $3.50 Rock Island. 5.l70 Pacific
Mail, goo Ohlos, gOJ l. lie, SIS Pacific OF Mo-,
200; New York Central, 100 Delaware and II I'D
son, $50 Atlantic and Pacific Telegraph, JOO (;
Wabash, 300 chgau Central, 345 Hannibal
and st. Joseph. ~ American Express, lp5 IL
inois Central, lVO Union Pacific, 100 Panama,
100 G, G. and !. C., 30 Morris and Essex, 81 |;
Cleveland aud Pittsburgh, 20; Pennsylvania
Coal, ~ ana Wells-fargO, 10.
Tue 'm nittee OF Purcn iee and R4oraAniza-
tion OF Ae Chesapeake ana ONO Railroad Com
pany. OF when A ). Hatch Is chairman, has adj
dressed circular to such oondnolders as have
the same, and ask for response before the 18th
The god market continued dull aud devoid Of any
feature OF speculative interest All Of the
A. llsse ana 1laAs opening aud closing at the lower
In loans the paid for the Of gold were Io4
l. ~, ~ cent and nat anu for carr, Ing cent,
yars % s"d balances and srrs aSy
balances o. O2A Inc Sub Treasury redeemed tJ2 90
IN called bond. and paid cut ia CON interes' the
The asys cuisines. .. the United state. hrrcssury
soa DO ee cdTssney receipts
&c. 49, &C. eu.iS. ss ssSsSSi a balance
The 5s s rsy;s s sels., at wshsss9n toGsy
Treasury ., washington received tioooooo IN national
IasaSS va. in ressec saoob today aud the slate
meat OF thu Imperi4 B.ns Of Germany shovs gain Of
Forelsn exchange ruled dun Ou, steady a rs and
tgo for time and demand drafts. with actual nesotia
Money continued in free supply at eGseI+ = cent on
s 90 aud prime commercial paper Was IN demand at
Government bonds again reflected strong tone, with
prices hut the oferngs we're light. '''
! ~ Al osiug