The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-06-30
FINANCIAL AMI COMM ERCIlL.

THURSDAY, June 20-P. M.-The buoyant
feeling noted at the close OF the Stock Exchange
on Wednesday found further development in
to-day's early transactions. whom Western Union
advanced IL " cent. to 71k, and Lake Shore
Y cent. to 57H. These stocks commanded a
large share OF attention during the morning.
and Pacific Mail Joined In the generally better
tone Of the market. accompanied nv rally Of
lZf cent. TO IN. Active realizations. how
ever, by both rank and Hle at the i'm proved quo
tations. resulted in a decline Of the two first
named to about the lowest figures of the day;
but at tins juncture the bulls started Erie and
Ohios on the upward tack, with a rally Of = Y
cent. in each, md subsequently the general list
became nrmer, though closing hd7s lower than
the best prices established. The st. Paul stocks,
however, were feeoly supported. and declined y
and y y cent, for the common and preferred
respectively, while the Northwesterns were also
y and y lower at the close. New jersey Cen
traI was the weakest stock upon the list, having
dropped from - to ia, seller s. and the general
market VS. upfavorably Influenced after the
second call by the feet that the directors OF the
dividend of4 y cent. This. taken In connection
with the granting Of IN injunction by Judge
Donohue against the Farmers Loan and trust
Company and the Union Trust. to prevent their
payment Of u recently declared dividend OF
the Western Union Telegraph Company, caused
developed Friday, unless fresh support IL
brought to the market. The injunction was
claimed tn It the dividend mad not been earned
New York Central recovered 10 lOSA. Pacinc OF
Missouri sold at Q; Union Pacific, $40 and
Producers Consolid nted Land aud Petroleum
Company advanced to 49,.
The New York Stock Exchange will open on
Wednesday, July o. at II o'clock, inst, sd VI 10 A.
The advance sheets Of Poore's Annual Manual
OF the Railroads OF the United States give the
total earnings Of $3.50 miles Of railroads in one
ration In 1851 at $3e, 468,35s or sl.A7 DER mile;
earnings footed up $50 os5 JO5 or 81 oil per mile.
The freight earnings In 1881 nm0unted to $SO-
increase Of over LOO per cent.
The gross railroad earnings for 1876 are $l7,-
40o.5l less than IN 1874. but the decrease in the
net earnings Is only ti064 ,52O-the total net earn
ines for 1875 having been sls5,j06,43s. Inc divi-
dends paid last year amount TO $a,2p4.20s, as
comparad with t67O42,942 In 1874 ana equal
3-ss cent. on capita stock OF e.. 1881 Ol.2sl,
he total number Of shares dealt In was III
Western Union H.s21 Pacific Mail, e2,4i0: Erie,
800: Ohios, $3.50; New Jersey Central, 5,2UI;
soidaSs ;Hs Pas he G pre
.Oo; Union Pacific. 900 New York Central; ss5;
wanna aud Western, ss5 Hannibal ana st.
Consold aIed Land and Petroleum Company
80; Delaware and Hudson Canal. La; c., C., C..
| ana l., 100; Cleveland and Pittsburgh, az.
The gold market ruled strong at AN advance Of
y cent; to Hes, al which figures IL closed.
| Turkish advces and the fact that the short In
| terest, recently put out, has not been covered,
| added to the 1rnness Of the final trade.
The specie shipments to-day amounted to
$6+s,O0O OF which $2500OO was gold coin.
The following were the principal transactions;
1000 A. N. 1l2ls lO;l2 A. M.112ts ESQ p NJ. liess
lo05 A. NJ. lea 1920 A. NJ. ll2A 800 4. M-ll2a
In loans the paid for the gold were 1 y
e Sq ~. the t e frchnse S we're "a,
600 OO0i god balances q 245,4O3; aud currency l.
ances o. sos 1872 The Sub.Treasury redeemed 900
IN cal ed bonds aud paid out IA coin interest tue
| public de & q. 2pJOOO.
The day. business at the United States sabTreasury
| wH-i told Receipts. sl4sO.s33 81 gold pAyments.
ntse OH .S gold balance tssSSS $50 20 currency
receipts. t5Ol 66t currency payments, tf9p77alpi
| currency oaane $40 3D. ~ customs. $4,000,
The internal revenue receipts al Washngiot to-day
were 10000 s9d the customs receipts, $500 900. Tue
| Treasury Nssingttl received 100000 Ia national
bank notes for eienpuon, The bullion IN the Bank OF
Enkland increased Gi7pOOl dunng the past week
| the gain to-day havng oeen Al74OO0.
| Foreign exchange continued nrm at - ssh and
| ~ pOlt Tor time aud demand drafts respectively.
Money became more active IN loaniug circles. be-
cause OF the Large business done IN stocks terdaY
which caused shifting Of loans. On call the rates
ranged al 2IsGys cent. and discounts were quoted
| att16.
| Government bonds continued strong with m In.
creased demand for Investment. Coupon 1905, ne w.
ed TO l2l S67a TO 1913 coupon 1881
| 10 1l7%, anu the other issues were IN request
| following the y p, al. closing prirrs.