The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-01-29
FINANCIAL AND COMMERCIAL.


FRIDAY, Jan. 2S-P. M.-Ths has been n
field day at the Stock Exchange, and the oper-
ators for rise again demonstrated their power
over the market. Speculation opened buoyant
under the leadership OF Pacific Mail. North
western, and st. Paul. and a further advance OF
TO ~ y cent. was established on the general
list, though In the nnal dealings, under the in
huence OF liberal roalzations, added to a sharp
attack by some Of the more COURAGEOUS be rs
prices partially reacted from the highest points
OF the day. Pacific Mail rose l.. q cent to 3d.. :
Ohios, IL to 2Ih and st. Paul common, also IA
TO 49,. the preferred rallying z to n; Union
Pacific, IL 20 IN, but closing at 70H Western
Union advancing y from IN to ~ New
York Central, y to liz; and Hannibal and 81.
Joseph common and preferred, each \. The
Northwestern stocks were strong In the morn
Ing, the common moving up from 42H to -, and
heavy at the close Rock Island was | n cent
higher at 1875 Pacific OF Missouri = at l3.
Canton advancing 2 y cent. to IS; c., c. and 1.
G. from 5H to o., and Michigan Central from
ol>4 to az. The business was widely distributed,
aud reflected more general dealing in stocks
than noted for some weeks. Erie was weak al
y " cent. decline to l6%. The speculation
close nrm, with a confident feeling among the
naturally record some reactions, the tendency
Il IN favor OF still higher quotations. The short
interest recently created In Lake Shore and Pa
ehc Mail IA large, ana the advance OF the latter
shorts.
The total number OF shares dealt in was 21e.-
92, OF which Lake Shore represented 20,2OO;
Pacific Mail. - go; Western Union, 22.275
Island, l.2s7 C., c. 4 l. G.. 7s2O ST. Paul l6so;
the preferred, $3.50; Ohios, 20 1850; Erie, li.iIO;
Wabash, 300; Hannibal and st. Joseph. 1870;
the preferred 800; Michigan Central, 1850; Pi-
clac OF Missouri, 2b25; Atlantic and Pa nc
New jersey southern, 40; Alton and Tarre
Hinte preferred, 900; Canton, 300; Cleveland
Western. 20; st. Louis and Iron Mountain. 30;
50, Louis, Kansas CITY aud Northern preferred,
ll6: G., G., {. and l., 100; Delaware and Hudson
Canal, 100; Illinois Central. lB Kansas Pacific.
Ill; Missouri, Kansas and Texas. 100; NJ l..
Contra Gem Isl Y9e IT, and H. G iS Tee
States Express, 100; and Morris and Essex, IS.
The operations in gold were conducted with
considerable animation In the morning. when
the price advanced from ll3 TO 49,, but the
market subsequently became duh, and closed
without feature at the lower figure.
The following were the principal quotations;
1919 1919 aiI Is iaSS Ms sSS NIs
In loans 'he rates paid for having balances
rue total elearngs at the Gold Exchange Bank were
IN 0oooc,; gold balances 81 ois $50 and eurreney
600 IN called bonds and paid out In COIN interest
The days ,a.ines at the United states sup1reasury
VA a' Dold Teceip,s .s 3ioSo; do payments s7s6
u 2O2 1897 40. pIymcnts t7s1 500 ist 40 balance
80 ~ so Customs. $4,000 scOJOoO cancelled
The Internal revenue receipts footed up 500 900 and
the Customs receipts teo0Nou he Treasury AT Wash.
ington received 100000 u national bank for re.
dempuon.
foTs,sn exchange presented nothing Of special inter.
est, out quot tions continued rm at e. 81 and tls,5
for time ana demand oils rpspectVcly with selling
rates AZ ti.s5'| eftsiA ami SisSi4 $50.
,aons hsysf sseS 4Ps bur on eS cent re quo
eminent bond dealers at 3. Discounts ranged NJ sa7
Inc market for Government securities strong
anu the Investment demand continued active. The
prncipsl inquiry was tor coupon ls65-, new. coupon
lSs, 10 4os ana new Is Of 1881, at ADVANCE Of 40
q . cent.
IA IN. ~