The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-08-30
FIXANCIAL AND CoMmERcIAL.

TUESDAY, Aug. 29-P. M.-The specula-
tive features Of the Stock Exchange to-day
were Lake Shore and Western Union Of the
general list, and Delaware, Lackawanna and
Western, and New Jersey Central OF the coal
roads. While the first named stocks were
strong early in the day and kept up bold front
during the ensuing hours, the latter were heavy
at the opening under the feeling OF uncertainty
which prevailed among temporary investors as
to whether the coal trade would be established
on fair paying basis, or war was to be inau-
Rurated between the producers regardless OF It's
effect upon the shareholders. At the outset gem
eral disposition to sell prevailed, and the price
OF Delaware, L. ckawanna and Western quickly
dropped from elil TO St, while New Jersey
Central fell from 20 to 3IK. or within y z cent.
OF the lowest point yet reached. The course OF
both stocks was very irregular during the entire
day, but better condition existed In the final
hour the 0rst-named selling at s1A and the lat
ter at ass. How far the unreserved sale OF coal
will further affect the price Of the coal stocks Is
amatter OF conjecture. The collapse OF one Of
the greatest obstacles in the way # the revival
Of manufl cturing interests must have a benen-
cent eject; II means lower prices In all direc-
lions among the neces aries Of life and conse-
quentlv in the price Of labor. II will also be a
most effectual check to labor strikes, for the
chief instlgators. after ALL have been the wealthy
corporations, whose Influence and capital
have enabled them to demand and enforce the
payment OF prices that h ave been altogether out
OF proportion with the cost Of producing and
marketing. While. therefore. for a time tine coal
toacs fnay be cut down In their earnings, there Is
every reason to hope that cheap fuel Will stitnu-
late manufacturing. and the Increased demand
from TINS source VIII soou make up for the de-
nciency occasioned bN the present reduction In
Ne price OF avery lirited supply. forcbly MADE.
OF the general list Of stocks there Is little to be
said, the comparative table of prices annexed
furnishing the fun details of the days transac-
tons.
The total number of shares dealt In was
1901; Of which Delaware. Lackawanna ana
Western heprss 'nted b0,555; l. Ike shore, 1880;
New Jersey Central. Is U95; Western Union. f.
dO -. Paul. SltO; the preferred. $50; Michi-
gan Central. 565O Rock Island, 512O; North
west IN. ag25 the Preferred. 30OO: Del ware snd
Hudson Canal LOO; Erie $500: Ohios. l.hO;
Pacac Mall. 1900; Morris and Essex, S7 ; VA.
he. d. 80; Hannit u and ST. Joseph. 30; the pre-
fer d. 10; New York Central 1857 New Jersey
s s, bern 100; Producers' nons9lidated Land
100; Meils-fargo Express, so; and Adams Ex-
Tho gold market was further depressed. the
price ial ing from Hos. to ll0a. with llU the
cios in. bid. The decline Is due ia measure to
the funding operations Of the Government, the
details OF which have already appeared.
rhefolowins were the principal transacuonsi
1870 ,SS 4 M".,i,o1s isiI9P ii9s GREEN. Iio,t
iisIi A AiiiSs 'f + Mi SO r H. i iiS
II 'ag' tie rates PAD for the use Of GOLD we're ~
o, earnrs a The Gsa tIcAanse Bans w're
balance. slltslls ihe sao treasury feaeemr ~ 10
III III ,,. = snd paid out Ia eoin interest on tie
ae "a, T, ,a,ine a. ne rnred states sub1rea.nry
& -, & y, S ~ S i p,lmcat ~.
r. a,e' ir 3aSo custom , .' 'i5! cur
Trsi,nN % Wssllet,a r,c,ly.d ,ilnoo ~ st,idhal
o",N . rra,.aploe. IN huln"u IN 'Ae Bank
M'a,, '' l. .g',, 4 e. CEN, on call While
q 4. u r