The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-02-16
FINANCIAL AND coMMERCIAL.

TUESDAY, Feb. 15-P. M-The general
stock market opened strong under the leader
ship Of the ST. Paul and Northwestern shares,
which were advanced 1hGlss y cent, conse-
quent upon the passage yesterday by the Via
consin lower House OF modification Of the
Potter law. This, when ratified by the Senate.
will increase the gross earnings OF the Western
roads about 10 q cent Western Union, how
ever, was weak, In consequence Of a reduction
OF from 20 to 90 q cent. In the rates OF the At
lantc and Pacific Telegraph Company; and Pa
cinc Mail, Lake Shore, as also Ohios were quiet,
without amy specially noticeable changes. Soon
after midday, however, sudden squirt In New
York Central OF ~ Y cent. to ll7Ja stimulated
Rock Island and Lake Shore into more activity,
the former advancing y TO 10Y, and the latter
= to COS. Erie at the same time became con-
spicuous, accompanied by rise OF = TO ~.
closing at the higher figure. Pacific Mail
and Ohios also moved up = y cent. to
35H and 22H respectively. and added to
recovery In Western Union to the opening price,
the general market assumed a strong aud conf
deaf tone. Pacific Of Missouri dropped Ia
cent. to III, based upon reports Of Intended
foreclosure under the third mortgage bonds, but
there was iAtor recovery to i2}t, and closing at
la. Cleveland aud Pittsburgh reflected more
than the usual transactions, and ranged at 49, .
Rii6, and New Jersey Central was also strong at
lW54lllOSA. Maryland Coal was noticeable for
larger than the usual business at lS4l1i.GlS,
los sold at IS Missouri, Kansas aud Texas at
at 100
Express stocks continued TO attract attention,
Welsh irgo ranging from 90 To se4, American
from CO., TO 65g65s., Adams selling at III, and
these shares was due To largely increased earn
inss, while a favorable contract between the lat
ter aud the Erie road, extending over pc siod Of
ten years, on more favorable terms, added to as
sdrances OF resumption OF . cent. quarterly
dividends in MAY, mas brought into the mar OF
re- IN
II he total number OF shares dealt in was ia
81, Il which Western Union Represented 2G,40O;
Like Shore lao; Rock Island lG5,0; North
western, ls,J1; the preferred, SSH Erie. t.
500; -. Paul, 1890 the preferred, 3.2OO: New
touri. $40, Pacific Mail, 2,2OO ; Cleveland and
littsourgh, Sn; Maryland Coal, 800; United
New Jersey RIlroSi. 40; Delaware, Llckswan,,
ma and Western. 80 American ExpIess, $50;
Adams Exnress. Ais Fort Wayne, 400; Michigan
Central, RI; Missouri, Kansas ana Texas. 800
Morris aud Essex. To- st. Louis and Iron Noun
tain. 80; W dtasn, 30; Union Pacific, 20; At
lantic apd Pacific telegram Co., IN; Alton and
!erre Haute preferred. ZOO hanninaI aud IT.
Joseph. 2uO the preferred. 30; Illinois Central,
80 Wels-Fargo Express. l6O Chicago aud Al
Ton 10; Canton 100; consolidation Gal lOi:
Delaware aud Hudson Canal, 30 c., G.. e. and
l., lO0; quicksilver, lQ0 81. L. X. Z. and ~, lce;
and y. V. " III. and H., -.
Inc operations in gold developed n strong
baying movement, and the free purchases ny
and to day also impaired fresh confidence to
| I = dealings resolution passed to-day 10y the
| House oil representatives. ulrtCtlng the SeClO-
| thrN Of the Treasury TO report within ten da' :
the actual amount Of gold coin on hand, after
| Ceductiug tAe coin certificates and accrued IN
| telcst ON the outstanding Indebtedness Of the
| Goy, rnment, also had a tendenc, to strengthen
| the premium. The opening price WIS lljl.
with an advance T. lis ., q. which bid u closed
| Sale We're later made az ll}s and 10.
| Inc following were the prine.p4, quotations:
iS os$ Mi iiss i ii39 T. T. MAiis adS + N
Ia losns the pad for having balances carried
IAe tuta cieafings AZ tnC God Exchange nauk WVri
haa Gee, $3.50 i6 Tue SUB. lreasury redeemed s5os,
600 a. cslici bonus, sIu paid out IA COIN interest Ut
| the public dent Sa7uOO.
lie d4ys business At tie United States subj reasur,
Cola r'Ccpis t3iNb tA3 ~ do. payments, $50
46s.5j d.. Lane Si1sp4 2Ji.>J. currency ceiplH
HOE tcils, d.. Nhitnls, sHHifJi0. 10. baiance
! <37.72l O2l0 CAstCm-, s5l9,U.H.
Ine lntrfna. revenue rcc"ilts footed M 0noO and
the customs rcrtints 80 lO,. The treasury at Wash
ctmpton. lhs Ire nu-y balances at the clio Il bu !
ms in Washington wcrt; Car rnci. ft1luOlU, IN,
com, Sii5O0uOl, lLciultn. s1i5'oulO coin cert q
! catcs. 40 uunou IN the BanK OF England was IN
For igl exchange ruled very firm At a. 20 ~ q
| for time d M mi uIiIs.
| Money VA Ia free sapply on call a. iB3 cent, ant
! di-tuuhts RAJ EtI go 1.s9 Tor hrs lass Iahrs.
GoNtTnuiC.t O0uas reelected sharp advance 81 AZ
y ceut, tue market closing buoyaut. Cnup Is o
1881 soll o. 81 a. lls4 ressirrcd DO. llsh reF.s
new 100 req. ereu lsbis 125isi currency is, rs
| coupon 1910 l2U4 AMI coupon lSljs Old 1885,. 1u
demand was Increased because OF the higinr .hgc
gold, audtd 10 the fact that loan bl fuuds an
| ruturrf - tic NOrth tmutnu flnn has hl-f caused
lArgcr inquiry for The registered ssues, aud dcmAu
from Sew England lie chi Ay for tas casH II Govern
IN. ~ uu tutr vera me a q AZ rin.tno nr,r,s.