The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-08-05
FINANCIAL AND COMMERCIAL.

FRIDAY, Aug. 4-P. M.-Tho operators in
Wall street came down town this morning con-
siderably unsettled In their views as TO the prob
able course OF the stock market, in view Of the
sudden relapse OF Comm odore Vanderbilt, and
the expressed pprehensions OF his physicians.
There was consequently quite fever Of excite
ment at the opening OF business, but as Lake
Shore yielded only y cent. to b2k. and West
ern Union exhibited much strength at an ad-
vance Of y q cent, the bear raid on Rock Island,
Delaware, Lackawanna and Western, the North
westerns and st. Paul stocks was Of short dura-
tion, so that soon after midday, the general list
began TO improve, the highest prices having been
generally established during the FINAL hour Of
trade. Delaware, Llckawanna and Western, at
the opening, however, was vigorously hammered.
and declined from 9i1t to Q2x, seller 3; while
Rock Island, on unusually large transactions,
was forced down y cent. to 10ik. though II
subsequently advanced TO 1863, at which IL
CLOSED. New jersey Central. at the same time,
dropped to cox and the Western shares lsQh
cent. New York Central, though attracting
much attention, yielded only from 1857 to l0la,
with recovery TO 1854 at the close. Lake Shore
and Western Union. under the influence OF o
sharp covering movement for the account OF
those who were disappointed by the course Of
prices, TOOK on more strength as the day pro-
srss.ed aud sdsan Zee y ana N cent, re, re,
same time, rallied ~ and IN to 39k and d2k.
New jersey Central < at ois. Michigan Cen.
rallied cent. TO 40H, with late transactions at
<OhGto. The remainder OF the list was not
prominently dealt In, and dad not influence the
rho tone and temper OF speculation was more
assuring, and the bulk Of those operators who
have recently returned from their vacation in
cline to the purchase side OF the account; but
the strength impaired TO the dealings to-day
was chlohy due TO desire OF tho shorts to cover,
when the adverse Influences brought to bear
upon the market did not cause any important
decline except In stocks having no visible sup
port. block OF 1000 shares Of Lake Shore
purchased for the bear account.
The fact that the Banking and Currency Com
mittes BY q vote to-day OF six to four de-
cided upon recon mending a repeal OF the
SPECIAL ,pn, rosnmpSn clause; ana also passed
discuss the currency and silver questions, and re-
port at the next session Of Congress-, exerted
couras ed the views Of holders.
The following statement of the Michigan Gen.
pany just Issued: RTninGs-Ffelght, sN4iI rs ;
passengers -, 1a. : other sources, t2g5, ass to-
ss net s.fS,ss. r fau sross earn
inss were 49, iess than last rear, and the
The total number Of shares dealt In was 49,
$50, Of which Lake shore represented 37,0l0 :
so D., L. and W., l4,ss0; Rock Island, 14,0O0 (;
st. ul. 400 the preferred, $500 Northwest
iioo; New York Central, ai1o; New Jersey Cen en-,
trail, 1850 ohos, $50 Pacinc Mall 100 Erie.
90 Del. and Hudson Canal Us Pro. Con Land
and Pet. Co.. 800 Wabash. 30 Union Pacific
800 Erie preferred. $50 ii. and 81. 10. prefer.
red, l0 chicago and Alton. aoi G., C., C. and
l., 100; Morris and Essex, 100 NJ. L. and NJ. Co.
preferred. 100 N. J. Southern. 100 Ohio prefer
Wayne, IS.
The transactions in gold were not prominent
until after midday, when the action Of the
banking and Currency Committee, alluded to
above, caused an active speculation at an ad-
vance 10 the premium to l2s, although clos
The following the principal transactions:
10 A. NJ Zig 1925 A. MI lll5 Z. M.....Il2
l0.lo A. NJ. lllts lag 7. ..ll2A 800 T. M...Il2
In loans the rates paid for having balances carried
were y. cent, and nat.
. The total eesrlngs At the Gold Exchange Bank were
ances lit50ls The SUB. Treasury redeemed tis 90
in called oonis and paid out 10 coin interest on the
The days business at the United States Sab Treasury
was: Cold receipts. ts3d,v.d % payments tp23..
1921 90 balance. t3i.7t7ls7lBi currency receipts
41obHiO.2t do payments, tbs,7Ul4Oi do. baance,
t2y, ia, e9S3o Customs t+oo,oo
Toe bulnon In the Bank OF Eugland " incre ased
90 900 on balance to day The in,er.sl revenue Re.
customs recepts 100000. The Treasury At Washing
received $500 600 bank notes for redemp
ton.
The IMPORTS OF Dry goods at M. port for the week
marketed tl,5I3,O.t the total imports Of dry goods
since Jan. were sos, and the total marketed
| t5l,2lOl2l.
Foreign exchange continued quiet at t4ssSs and
| a. gOls Tor tiine and demand drafts respcctveiy,
Money freely offered call II 2s2ts cent and
for nrst clase mercantile signatures the range was
| -, with executions a. ila45.
| demand noted earlier In the wees continued without
statement Coupon 1898 advanced TO llHS coupon
lsess selling .. lSiS COUPON o. q 1851 lso'< and
| The following were the 3 4. NJ. closing prices.