The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-05-04
FISANCIAL AND COMM ERCIAL.

"WEDNESDAY. May 3-P. M-There were
no specially distinctive features chsracterizinG
the operations at the Stock Exchange, and
speculative circles were unusually free from
rumors likely TO influence either side of the
market. Lake Shore and Western Union repre-
scented tho larger dealings, and the fact that the
late bears In these stocks at times active
purchasers induced many Of the smaller opera
tors to cover their contracts. Others preferred
to close up because OF the annual meeting Of the
Lake Shore stockholders at Cleveland to-day so
to be ready In the NOR ming to take fresh VEN
lures either way on more positive indications.
Western Union rallied from 63'l 10 ca. Lake
Shore 2 cent. to 5}A; and Michigan Central
also To 4gid ; but Delaware, Lackawanra and
Western was weak at a decline Of Ia TO 1854, at
which figure 1t closed. The tr 'nsactions ia the
other shares were not important, though Erie
just at the close advanced + t. IL
The annual report OF the Lake shore Road for
the year lS,J is 1t hand. and shows deere ise In
the net earnings IT S2O9l,t6l, attributed 20 tho
railroad war and the general depression Of bust
mes the COMPANY earning but g. ~ y share as
against sG@5 in 1874.
II is reported on good authority that within
the present. week the Grand Trunk road Will re-
duce its passenger rate between Boston and
Chicago TO Sl2.
The total number Of shores dealt In was Ill.,
rs. OF which Lake shore represented 4O,ls';
Western Union. "A $50; Erie. g,llO; Michigan
Central EGO; St. Paul 800; the preierred'
cinc Mail, 200 Union Mining Company LOO;
Delaware, Lackawanna and Western. 2,jU
Northwestern, G0l; Rock Island, 40; United
States Express. ri; Union Pacific. 20: Atlantic
and Pacific Telegraph. 40; Consolidation Coal,
200; New jersey Central. 100 Illinois Central,
III c., c. ana l. c. 100; g.. c. c. and l., 10; St.
Louis and Iron Mountain, 100; aud New York,
Now Haven and Hartford, 80.
The gold market was dun and staRnant. and
all Of the transactions were Effected I ll2J..
The following were the principal transactions.
1000 Mica 1855 r. n....11s7i 2ba r. N..1l27z
l5l T.. M-ll.4 245 4. M.....1l2A 800 +. NJ. ll<3s
In loans the paid for having balances carried
were /. TO, p 2is, and 3 v cent.
The total cealings at the Gold Exchange Bank were
teo173O0O gold balances nll0.6UJ; and cuircncs DI
Ences tl3U2.Sl3. The euo feasury redeemed $1,000
IN cal cd bonus snd paid out In interest the puO
lie ueOt tHl2,OOO.
The oavs ia mess At the uni'ed Stnes Treasury
God receipts. t265 O:u dd do payments. gill
1872 IS do talance, tiihOs,2 II currency receipts
$50 2i7bs 40. payments, Sp27,yl t3; DO balance,
t4l6lS52s el customs f2isOOO; flO7JOO0 cancelled
gold certificates sent TO the Treasury.
The blnon In the Bank OF England was increased
ga3 600.
re internal revenue receints were sa0OOo and the
customs receipts $4,000. The Treasury a. Washing
tn received 100000 Ia national bans notes Tor
dempton. lac specie shipments to-day amounted to
SOFA 600.
Foreign exchange ruled duh hut firm at - Ssf end
| a. gOls. without any bus utss OF pro nincuce.
Money continued cay cal a. 3.f, closing at >
| So. Discounts ranged at 400.
In the Government buud market there ste dy
| tone. with, however, small trade which chiefly
confined 1876. new 5s OF 1851, 1854, and o. of 1851
| Tie Following were the l.. NJ. closing prices;