The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-11-09
FINANcIAL 4ND COMMERCIAL.

"WEDNESDAY. Nov. S-P. M.-The stock
speculation In the early trade was active and
recorded an advance Of \ toll cent. for West
ern Union and Lake Shore, which were the con-
spicuous features of the market. I he first
named rose to 73h, buyer 3. and the latter from
So. to 51x. Subsequently. however, the dealings
drifted INTO dizziness. and a greater portion OF
the dav was devoted to discussions OF the politi-
cal situation. Rumors came thick ana IA I,
until the average mind was confused by con-
hictinl reports, 80 that in the anal hour a sharp
attack upon the general market met with
no opposition, and the active list tumbled
Ld1k cont. the lowest prices hav-
ting been established at the close. Lake
Shore broke to 584 seller Q; Western Union
to 72h; st. Paul to 241; do. preferred to 5is;
Onios from %. to eH; Michigan Central, n
cent. to 49, Delaware. l.ackawanna and West
ern, To 49, Northwestern preferred, v
cent. TO 90, seller 60; and wabash drol ped
N Z cent, rom ~ TO %. + ie; !, clue MIL
lions, were steady, but Union Pacluc W - notice.
ably weak. and sold down to 59%. -eller 3, based
upon the ide that the accounts of this company
would receive thOro gh ovoI hauling under the
new administrator. Pacific Of Missouri sold at
az, notwthst ndlug tho fac. that suits nave
been Instituted against the present h llders of
the stock TO recover $50 Y snare, which / due.
as only 80 p cent. mas Doe n paid In New Jersey
Central ranged ~ 3GA.436a.d364s New YORK
Centr selling II lUl ma Qui. yer at l2S.
The market closed feyerish and unsettled, but
after the political Hurry Is over. prices viii uo-
donbtedly Improve. he su- pcnsi IA Of Nissan
4 Co.. an Old and highly respected Wall street
house, announced to-day. but ex rted no
special influence upon the market because the
flm has no lrominent obligations outstanding
at the Exchange. The failure traceahle 10
the y mic Of 1879. and u general expression Of
regret was manifested.
The total number Of shares dealt In WIS s5.Ss,5 :;
Of which Lake Shore represented 1880 West
ern Union. 1890; -. Paul. $500; the preferred.
400 wabasn, 400 Michiean Central, a,soo !;
| Onios. 2.s1O Delaware. Larknwanna and West
ern, 2,2D; Nnrthwesterp, 30; tho preferred,
900 klie, 1900; Pacific Mail. iTo Union Pa.
| eihe, l:5S New Jersey Central. g.s Alton aud
| Ierre Hsute. yO; Delaware ana Hudson Canal,
80; New YORK Central, 20 Adlms Express,
inols Central. 100; Pacific OF Missouri, loo (;
| Quicksilver, lsO; and Cleveland and Pitts
In the gold market there was considerable
activity ~ the opening. and the price 40 vtnced
| g. llor, but on better tndGnent decline to
| however. greater portion Of the day. and q 10
time was tnere sufficient excitement To CONF
| The following were the principal Transactions
iSA N.ImRSs 1874 1874 iS's IN + Mos S
10 H. i iI 1879 iSU i i5tSS5 SIS SIS + Mii0SS s
In loans the rate, paid Tor having b ances carried
edS csas Sss tSS aSd ~ FScsSse Bank were
moV'y Esi9 P'S1 me- tiisS, aaa currency
10 IA called hnndr ana paid ou va cll Interest ON te
Tue da,s bnslne-s Z the United states bTreasury
"a. sod receipts. tllsI ~ 49, gold pay neut. 81.
suy P, s1 Ssce 81, cSsSsSs " 49,
sStogIJ canceied g1ld ccrtlac,tes sent TO wasnins
| on. D. e. The bullion Ia the Bank Of England was
f,rgisn cxctlnsc ruled dun aud .w.'tNou, srec--,
ier mr., shs no,ns, 9uotaons ot 81 ana fth
ne money m.tset during the morning was well sup.
near thu close as fiTn BOD plid. conseque It
upon an incr ased dcmand anu a more liberal supp y.
eoye,omeli bonds were quiet. without any ei.posi.
en- ngc noush tue decline IN god eHcred an nnfaN
| The following were the a N clo.iaa, nricpss