The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-06-27
FINANCIAL AND COMMERCIAL.

MONDAY. June 26-P. M.-Dulness was
the chief Characteristic Of the Stock Exchange.
In a few shares, such M Western Union, st.
Pauls. Lake Shore. New Jersey Central, and
Michigan Central. there was some trading
among the brokers, considerable mounts OF -.
Paul preferred having been thrown upon the
market which win explain its deciino OF y
cent. to co.,. New Jersey Central was also Y y
cent. lower at 1%'l, and Northwestern preferred
so far sympathized with the generally heavy
tone of the market as 10 yield TO co. at the
close. There was some disposition to realize ON
the other shares. In view OF the fact that on
Saturday the Exchanges win adjourn until the
following Wednesday, July S, and holders gen.
orally are not inclined TO carry stocks over hoh-
days dull market. The weakness OF Western
Union. which declined from ON TO o8K. seller
3, and g. seller 90. 90 a report TINT application
would be made by some Of the bondhoiders Of
the company for an Injunction against the paw
ment OF the ~ " cent. dividend, already de-
clared, also exerted an unfavorable influence
upon the market; and although there was very
the tone Inclined toward a further gradual
shrirkage In values.
Michisan Central attracted some attention in
the opening trade by Its rally from tsA 20 80,
probably out Of compliment TO the newly
elected Board OF Directors but the movement
the lowest points OF the day was subsequently
AN. seller 5 Pscific Natl, az as.1G2a. Erie,
49, do. preferred, 20; ana Producers Consoh-
dated Land and Petroleum Company. 1lsk
The total number Of shares dealt In was 5-52,
OF which western Union represented 18,1UO, 81.
Paul. 4tCD the Ireferred. p1h0 Michigan Cen
ral, O.6B New Jersey Central. 2,9ll Lake
s osle; fsse Ea tss wss
$50 Atlantic and Pacific Telegraph Company.
500 Delaware. Lsckawanna and Western, 61T /;
American Express, 30 c. G.. c. and L. 200
Hannibal and 81; joseph, go weiis-fargo Ek-
press. $50 Rock Isiand, 100; Consolidation Goal,
100 Erie preferred, 100 Morris and Essex,
lee; New York Central. leo Pro. Con. l.. and
let Co. 100 Chicago and Alton. R Cleveland
aud Pittsburgh, 80: Harlem. 80 and Union Pa-
CHIC. 90.
The cold market was stronger, and the I'D
vance in foreign exchange 10 f4sSH and AgOhiOr
time and demand drafts respectively impaired
a better tone to the dealings. The payment OF
the July interest was practically discounted last
week, at which lime a respectable short intereat
was created, and the exaction of l-04 OF "
cent. per diem for the use Of gold also infu-
WINS lIeS. with reaction. however. to liz. but
there was later recovery to 1l2,.. al which hg-
ures IL closed arm.
The following were the principal transactions.
i is liz iis H., S n fS 1896 SS MMiIiss ss
Il leans the rates pad for the OF i.B4,
Inc total clearngs at the Gold Exchange bank
reney Balances 81 ssG Tic Sub ireHsry sdecned
$500 p called h"nds AID pad out in CON inseret Oh
The oaye business the United states suhTressury
osUts 10. balance $50 % IS z. currency receipts
81 2.1O8ab. do. payments tAa,a2OOy 90. b-lalCt L,
tHh 11s ,fal.54, customs, t3n5 90.
The internal revenue receipts footed up $500 000 ana
the customs receipts tinNuNO. The Treasury ut Wash
mHton received <llo0uV IN national for re.
increased f2d. Oc0.
Money was drug In loanng circles, and the supply
greatly exceeded the rcQuirenltuts uf the nrokrrs
Call oans ranged Al 2hSss2 an stocks. and 1kG- on
Cove uncnt collateral. Prime mercantile acc eptauces
We're IN request at AaB.
Government SECURITIES assumed a nrmcr tone. and
the market advanced AS4A cent. without eicltmg
any offerings. winch art reflected tho scarcity Of
bonds. The trade over the counter developed fresh
demand from capitalists and muneyed institutions, and
tne market closed strong.