The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-10-04
FINANCIAL AND COMMERCIAL.

TUESDAY, Oct. 3-P. M.-The stock specu-
latIon developed generally stronger Tone and
the sentiment in street circles reflected a per
ceptible change for the better. Delaware, Lack
awanna and Western, under the impulse Of a
fresh element, gave encouragement to such in
vestors IA had not parted with their holdings,
while the bears, VINO had evidently oversold the
stock were frightened into covering, and thus
assisted unwlingly the upward turn. Under
these influences the price advanced from 65L to
90, but later sold at 81, seller g. though closing
strong at 6sk. Some of the larger operators,
who sold this stock at 8s and below on Mon
day, covered their contracts. and were recog-
niEed as purchasers to-day, which undoubtedly
brought convincing evidence TO the smaller
shorts that II was time to run. New Jersey Cen
trail was also bought heavily by prominent opera
tors who had followed the price down from lO76
10 ", ana who afterward reaped handsome
profits from 10 to 30, on n fresh speculation, but
the stock rallied only ~ " cent. to 2g1, having
opened at 2sk. Delaware and Hudson sympa-
thized with the above shares, and also rallied
~ cent. 70 o. while later In the day Lake
shore came IN as supporting element with an
ferred further strengthened the tone OF the
market by a rally OF y. To- 5s9., with Northwest
moved up p cent. TO es'.. An EFFORT to stem
upon Ohios, which dropped from IL. to TO- but
With this exception the general mark ct was
n
1uence upon the remainder OF the list. Michl-
gan central, however, was feverish on a limited
business, and ranged at <a1a2bG4lJ.Gt2HGt42;
cialties DID not attract particular attention.
80 The total number Of shares dealt in was 1il,-
represented 7067l; N. J. Central. 1l6i5 Lake
Shore. 1890; Ohios, L, go; Michigan Central,
Island, Ass n. Y. Central. 2isO: North western
$50; the preferred, 100; Delaware and udson
Canal, 1918 Pacific Nail 500; Pacinc Of Missouri
HN. Quicksilver preferred. nm. Inion
~; western Union. 40 Erie. zoo NJ l.. and N.
Company; So0; Harlem, 5o: Hannibal and 81.
Joseph, 100; Illinois Central, l2D; OHIO preferred,
us: Morris ana Essex los: Adams Express, IOS
Foit Wayne 100; Kansas Paci1c, 100; ST. Louis,
selaer and Saratoga. 100 New 1 ork, New Haven
and Hartford, IS ana Chicago and Alton. %.
In the gold market business was exceedingly
quiet, and all OF the sales were Effected at ito.
there seemed to be no disposition to trade on
voted their attention 10 the fluctuations Of the
stock market.
In loans the paid for the use OF gold were and
total clesrlnss At the Gold Exchange bank were
tisVSSoOo god balances ,sSioSCi ana currency
interest on the pablo lebi 5000
Colo rsssip 1fo DO pS s%S r' ssa
ASS slg7o do. yments sse g5s Is, CO. bsisloe,,
's si9,lis % custom t.7sOoo.
$500 The internal revenle recelut. at Wa. Ing
Tss treasury wa . @s ai 1sSeye sfa ss
oco Ia nationsi bans notes for redgmp lon The I'M.
90 i nrrss during ne pas. week Foreign eHehsngs
ana s for tine and demand b. les re sese ss
~1n eoaess.ions Of ,sSsa.c u se,ua business
on ,t Psa n Si spPs9sed eqitS.era PAID g<i cent
s'.ae ior beet n,erciai Signature, '1AS'O ~
changed hanSs at Th 5ercr Srees Svo aars
Ss, mn rssponse TO- quotations from California.
cgmmanding IS 10 60 = snare.
The Governmen bond nlsrkc' has been irregular At
declining pr = lso7' ami isi6s weak aud
me f.iowtng wefc tho a y A eto.t,. r.,,..