The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-06-23

THURSDAY, June 22-P. M.-Tbe opera
tons at the Stock Exchange developed de-
cidedly heavy tone, and prices OF the leading
shares recorded = sharp decline. Lake Shore
WIS again the cons picuOus feature. and dropped
from b5k to an. seller Q, while at the same time
there was some cheating In the Northwestern
pool, and under these influences the general
market became irregular and demorsized. with
the lowest prices Of the day established at the
close. The story about a probable terminatiOn
Of the railroad war proved to be delusion, as
suggested In this mornings columns, but the
combinations operating for rise took early ad-
vantage Of the bullish feeling to attempt an un-
loading Of their stocks. The scheme, however,
did not succeed, and az soon as the pressure OF
holdings became apparent, the local dealers tho
had been recently educated up to a bet.
ter tone quickly withdrew their orders
from the market. The decided weakness
of New jersey Central, which broke from 78k,
on limited transactions, to "a, seller 3, and to
TIN, seller 90, gave encours cement TO the Dear
element, though for time the sellers Of Lake
Shore at Dxd54H were quite as uneasy as the
purchasers Of yesterday at v cent. higher nR-
ures. Northwestern preferred yielded TX v
cent. to o5k, partly because the small holders
had not tho margins to allow OF a greater de-
cline, and before the close the entire market re-
tracing on changes OF h0DH o cent. Western
Union was not prominent, and declined only y,
but the 81. Pauls we're feeoiy supported, and
fell away y to = for the common and preferred
res ectively. delaware, Lackawanni and " est
erD, and Delaware and Hudson we're practically
neglected, but Ohios aud Pacific Mall were only
lndinerentiy supported, and closed at l6A and
25k. Erie and Hook Island were comparatively
ste dy, but Pacinc Of Missouri was we at SO
~, and the general market closed feverish aud
The otal number Of shares dealt IN was se.77e.
OF which Lake Shore represented $500; North
wes.etn. 100; the preferred, lO.4UU; nt. Il ul.
Western Union, s455, Pacific Matt, $500; Osius,
loo Rock Is, M. ,lUO; Delaware, Lackawanna
anu IVES err, l.l2O; "a. L. snd n. Co., 100; the
preferred, $50: Harlem. co. Michigan Cenr /.
fsidc Of Missouri o. Pro re- c. Con- aT and s
90, 80; 81 ring Mouutain Coal. 40; WABASH,
200; morris una Esse1, D0; A: aud = preferred,
can Bx o. ess, 100 Hannibal and st. Joseuh. Ito (;
the preferred, lOJ; ONO preferred, loO; aud
Delaware aud Uudsou Canal, 81.
The gold market =, hected more active trans
actions at declining quotations. Inc opening
sales so r affected the remtum AZ to cause a
oeclDe to ll2A lhe fact appesfs to have teen
overlooked Or forRott that the ruling rate !. st
year at thus time was cent. higher. Inc
specie shipments amounted to about t45O0OO,
| OF witch <250.O00 was COLO coin.
The fOlowing were the principal transactions:
1000 A. NJ. .1123s 12AaP 1l27< $50 =. LICK
l2i6 p. M..1i2l los M....iisls 800 +. .li21a
In loans the rates paid for the of soid loA
The tota eiesr,nps at the Gold Exchange Bank
rsnsy balances u isi go Inc sa6 treasury red emed
t32OVo called loud, anu In interest
OF tue PUB &c debt $4,000.
The eass ou Ines. =. the gp,.ed states sub Treasury
ssss 40 SssaSe sssssisl. esrisosS recsict:
tlUOll25 20 payments. k7Ab,oSl.S 81 dJ balance,
to4.bo7.xyl.xA stoIDs, t27dO co..
lhe nt,rual r-venue y Ipts we're t3bO0oo ana the
Gus oms receipts tS76OVO THe treasury Washing
ton received Sl.2OU.O0O In national bans for
uenptIOn. TIE uuiiion In the Bank Of England wa,
IN COST 0OO du Ing the past week, gam
day aayinz been k25.VOO.
| foresn exc snge closed arm al u. So and MOO for
time anu demand uraits respectively less Nc. IN actual
| business.
| The current rates for money call Ae2N v
but later there free offerings at 2 whlch
| ngure 1t closed Prime payer was sought Al <ss6 Y
| cent.
Government bonds were less active during the morn
inS be Ause OF toe heaviness OF gold. anu quotation.
were re4ueeo ltsA cent. out ct these figures there
vas decide demand. winch absorbed tae offerings
that The market ciosed nrm The princiua inquiry
for 1888, 1868 aud 1853.