The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-03-08
FINANCIAL AND comMBRcL1 r..

TUESDAY, March Up. M.-The stock
speculation was comparatively quiet to-day,
and the wide fluctuations recently recorded
were less commanding aud significant. The
shares which attracted the principal attention
were, as noted heretofore, Western Union
Lake Shore, and Pacific Mail, the strength Of
the second named on the list having impaired
early 1rmness to the other shnres, which, how
ever, responded to the latter decline. There
was considerable gossip about tue prob bic
action Of the Western Union Directors when
they meet on Wednesday, but no fresh de-
velopments were announced, and the price re-
manned steady, with fluctuations at 6a6D8s7k 160k
@6sH for small lots and o.. at the close. Lake
shore opened at e49., and fell OF to a., sellera
nut from this point steadily advanced y cent,
though at the second board developing weak
ness under liberal realizing sales. which resulted
~ crop 70 o3h, seller 3, and finally recovering
tanned strength during the greater part Of
the day, but were decidedly weak in the
at 42T, seller o, and 4eT, seller co; and
the preferred was n y cent. lower at 10. North
ing \ to 49,. closed at l2tI but the preferred
was hrm at 04a<. regular. Michigan Central was
conspicuous during Its rise OF l v cent. to 6sk.
but the Improvement WIS afterward lost : and
New Jersey Central also attracted atte ntion by
IT. decline Of = cent to lOeA, with sales at lOs,
\ " cent. to 1l6, which was lost at the close
but Union Pacific was steady at OF, and Rock
0isX, and onios az 2iSdo2l<a2iI, but the
operations In the other shares were not OF sum-
cient IN, tortance to command attention. except
Consolidation Coal. which declined from 70 TO
AN on a comparatively large business, and Della
ware. Lackawanna and Western. which sold at
llSAWubH. The decline In Pacific Mail Of v
cent. to 2O9 was due to the decision Of Judge
Davis removing the injunction from the Panama
Road.
The course Of the market IL dinicrlt TO deter
mine, but N there Is any courage left among the
bulls, an Improvement ought soon to be chron-
icled, IN view OF the unparalleled success which
mas Tor over two weeks characterized the
movements Of the spectators for decline.
=. The gold market was heavy and lower, under
the influence of manipulations by operators
who sold out their holdings at 114,t and above.
An improvement OF securities In the London
the soecis engsgements'f"r uax.n. pVra n,i o,
with the fact that no further depressing infu-
cnces came from Washington, favored the
Downward movement. and the price declined
from las at the opening Co Han, though at this
5uncture good buying movement set in which
advanced the quotations to 1l4'i, at which 1t
closed.
The following were the principal quotations,
1000 4. n lilss Is49 F. NJ. 11tI4l 1887 P. M..l14(
1919 1919 p M. 1853 sSS EaiE: Sc F. ESiii
In loans the rates pad for having balances carried
The tosi ciesrinrs az the Cold Exchange BANK were
$500 sOd Dal 1Sc 81 and currency
900 in called bonds and paid coin Interest on the
public debt 100000.
e1 as' receipts asI e the o q
80 Sss % ss i currency receipts.
7pi 207 so. Customs. $4,000. ' WV
the sesx me At %
for time and demand bills respectivey.
ssx while at the close large amounts were pressing
Discounts we're duh at 4@e for prime names
bswea oo9s Mere steady a. the close but
1851 sold at lisa and 1854 coupon 1885. new. Ii9
were uR a