The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-02-01
FINANCIAL AND COMMERCIAL.

MONDAY, Jan. 81-P. M.-There was re-
newal of sctiyity At the Stock Exchange, and
from the very commencement Of business the
excite ment ran high. The new CON bnations In
Western Union further pressed their advantage,
the price opening at 30 as against 7pH az the
close on Saturday, and advanced quickly to
s04. Largo blocks changed hands which
caused frequent and wide fluctuations the
price ranging between 79A and 80 until It was
discovered that the Twenty third street party,
reinforced By Jay Gould, were heavily selling
this stock and Lake Shore. There was al the
same time a report put In circulation that the
United States Supreme Court had rendered a
decision adverse TO the Western roads in the
Granger suits, which. In view Of the sensitive
condition of the market, sent the North
western and st. Paul stocks on the
downward tack, resulting IN decline
Of the first named IF N G's to 400,
while the preferred was lower az Ga, -
Paul dropnine = cent. 70 ~ ana tue preier-
denial Of the runoT, a recovery OF JeGts
ceut. In these shares Northwestern common
movement. and Yielded from AH to z3t, but
Displayed considerable strength after the hrst
shock and rallied To- al whion nsufe ~ c'oseu;
Pacific Mail fell on p cent. 10 37h, with late
sales at -. Hannibal and st, JOSEPH. both com
mon and preferred, were comparatively hrm,
and dropped only = v cent, with partial rally
later. Pacific u Missouri further advanced Y to
1871. and Atlantic and Pacific preferred was
strong nj rise Of l]l u Z, reactng only ) at the
close. Erie moved up steadily from II to Il toe
highest point OF the day having been establish
ed in the final transactions. Rock Island was y
y cent lower al loss, with subsequeht reooN-
cry OF Y p cent. ~
took speculative circles by surprise, because II
had been und erstnod that Jay Gould had pra J.:
tic lily given the market 10 the recently formed
combinations GENERATING for rise; some OF we
member OF the old poo In Northwestern, who
h q created short interstt In this stock last
week, rushed into the market AT an early hour
| and covered considerable amounts OF thelr con
I TRACTS. after which the price declined a. above
| noted during the heavy reaZatons induced ny
| the bear attack upon The general market Ihe
| struggle will doubtless be renewed ON TUESDAY
| but more confident tone was apparent In th'
The total number OF shares dealt In to-day W.,
7Sjis; Lake shore $40; PsclGc Mail, Ss,iCO
feTred tiSO $, Paul ioio1 the preferred Sso
900; Atlantic and Pacific Telegraph Company
HsnnlSsI and i's st' Joseph, LOO The preierred
| 1890; Wabash, l050; Union Pac'he, zIv0i p9ia
s scare so"tSssn. &c., We'll Fargo Express 700
United States Express AIS CLEVELAND ana Iltts
burgh, aso New York Central, ~ MSripos,
Land aud Nining Company, lOJ the preierren
LUIS and iron Mountain 300; s.. Louis, Kah "a
| CITY and Northern preferred, 100 III lhois ecu
tral, 100; Kansas Pacine, 1907 and Delaware an
| lIud on Canal, so.
in the gold market the business was light.
Arm tone, however, controlled the dealings, am
the price advanced from ll3 To llih, out close
| al the lower ngGre.
qhc following were the principal quotations.
1880 A. ME- 1890 A. Nib 1890 7. NIL
1915 A. NJ .ll3Is 10 ~ A. MllSs6 800 L. M,'''ll
Tue rates paid Tor having balances carried range
from ITO b . cent ,,.
The total cearings at the Gold Exchange Hank WEI
az 400. gold balances, kpH4lb snd current
ba ances, 81 Sa6,237. Tue subrreasurer redtrin
$4,000 N called bonds and paid Out IN CON n'e'e'
The lays business at tue United states SUB lre.s9
4 vas. Gold receipts, f12A ,AOl35i DO pliWtulA 80
O3J.v2 DO. balance A1.vOt ole.52 ~ Itlei ISSNP