The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-02-02
FINANcIAL Avn COMMERCIAL.

TUESDAY, Feb. 1-P Misrepresentation at
the stock Exchange reflected a less important
volume Of business, and the tone of the mar
ket was also less confident. Weak or timid
holders commenced realizing at an early hour,
while the various combinations lately operating
for rise were not conspicuous In their efforts
to sust'in the market. For several weeks prices
have almost daily established further advance,
with scarcely any marked reaction, and the low
or range OF quotations during the past two days
OF l to ~ per cent. was not unnatural in view
Of the natterIng profits accrued to the large
army Of followers who endoavor 60 20 with the
speculative current. Add to this this heavy
sales for the short account by several large op-
orators who failed To purchase before the mar
ket had established sharp advance, and the
halt In the upward course Of speculation IL
readily explained. Many Of the smaller holders
have thrown overheard their stocks-which
have found resting place IN stronger hands.
In the operations Of TO day Ohins were tho
conspicuous feature, advancing from 2ih 10
"a. out Pacific aic'l was weak at r decline II y
2 cent to 3iA. Western Union having dropped
a To 5sts while ut the same time Northwest IN
ieii Oh per CEN. 10 i0's. 81 Paul. after OPEN
came firm at an advance to Az. though the ure-
ferred, on liberal sales dropped :. to gtH. Elie
was weak OF decline OF = to Il. but II annioal
and IT. Joseph. both common anu preferred,
were strong. Union Pacific, In Consequence OF
the recent resolution OF the Senate. declined
4
stock again rallied t. I. Wabash was N cent.
lower AZ 6A. aud P.cihc Of Missouri y Z cent.
higher NJ az. Muiposa stocks were strong.
The dealings IN the other shares were not i'm
rOrLant.
rhe total number of shares dealt IN was lls.s23,
~ which Oh9s represented 3iHD; Western
Union, O,lsO; Pacific n, E,Tn; Lake -nore.
l;,fS Erie O.2S; Northwestern, $50; the pre-
ferred. 2SS: Wabash. $50 Rock Island. 2pi5 ;
ST. raul, 2GO; the pr.feriel :, 1908; Afilntic
and Pacific preferred, 1870; Atlantic and Pscinc
Telegraph COMPANY, 30; C., &. and !. c., 1890 /;
Hannibal aud st. Joseph, I.5Jl the preferred,
.s0; NJ. J.. ana VI Company. bD; the preferred,
l.ao; Pacific of Missouri 100; Union ?. chc,
III Cleveland ard Plt, sbursh. $40; Delaware,
LacGawanna ana Western 400 Kansas Pacific,
80; Michigan Central. 5sO New YORK Central,
Central. elO G., c. {. and L., euj Illinois Cen
tr,l. 40 st. Louis and Iron Mountain, IUD st.
ford. 70.
The gold market gave signs Of ainore active
speculation. and the prlce advanced from rs At
the opening to ll5A In consequence. Of the rise
IN foreign exchange TO - $50 ana <4.sJ for TIM 9
ever. were at 1854 hut the IN rhet closed strong.
The following sere the pr'ncl a anot.liies'
iCs' & aa igF Siiis. 5 5' + HH1iiisss
The rates p'i for having balances carried ranged
.tlc tois' clearing the Gold Lxcaanse bank were
saagce. a me srb reSu Ra - S1TneS
tlo no esAea pnc. an p-!i out ln c.n int,.ost Oh
.ne 'ysol'lae,- At a. Umtel states slo.1reasury
.a5s az. b,..nce t.sii-a Ga ten n'',' tsc,'s
Aestts;d 10 ihirn.s. - 81 syyt' 10 Dailnes,
fhe .nj1st II Gl'ii1a Slid-lNn fr,m the Rank ~
Eogisna on bsisnes today ~, $50 10 I'm" Treasury
i 5g5 f ar ~ the e., 1e y,p,' t. ns p 80
o. ,e asg T. ~ 81 saa. q to hearty soc9'ooo
Ha,y Va. i cc,, rs IN turing me ,aorD,as
ha ~, @ sun t r III, 80"
RAISED tue rate 10 N tue naa. Lesougpiou-. Govern
N, 4 b3nd ae.ers we're supplied a. hi, "ul discounts