The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-08-09
FINANCIAL AND COMMERCIAL.

TUESDAY, Aug. 8-P. M.-Tbe morning
business ut the Stock Exchange developed
nothing worthy Of remark, aside from break
Of y cent. to 104S. seller 3, In Rock Island,
and moderate trade IN Lake Shore, Michigan
Central. Delaware, Lackawanna and Western,
and New Jersey Central, all OF which reflected
a q mer tone. As the day wore on, however. the
last named ock was found To be 3 arce Tor de-
livery and when the bears we're compelled TO
pay y cent. for It's use until tomorrow, the
more timid operators rushed IN to cover their
contracts. This alarm extended to other snaree,
and the short interest, to a considerable extent,
commenced purchasing. A hsrde n,ng tone was
thus i'm parted to the market. wbicn was cue
ceeded by active transactions in Pacific Mai,
this stock having advanced under these in1u-
ences from 23h to 2i3., assisted by large pur-
chases for the account Of prominent Broad
wsy and New street house. Inc heavy transac-
lions gave rise to a suspicion that matched or
ders we're In the market, but this was subse-
auenuy denied. Michigan q. Btral at the rsne
tine bee me active, and rapidly advanced from
W. to 42h. having previously risen from 10,
seller o. 1t the opening. TO AN. Rock Island al-o
recovered TO 1851, and New Jersey Central,
while the borrowing demand continued, sold up
y cent. to o., though later Il broke v cent,
and closed at oi8. Lake Shore and Western
and v cent advance respectively, but
enter " prominently into the days Speculation.
81 Paul preferred was y y cent. better 1t 0s.,
recorded a rally Of \ 10 ssjs. seller g. New York
Central continued steady at 1854. and Ohios
we're Oh m at i2,.Gl2,. but the femainde r Of the
list did not attract attention. Hsnninai and ST.
Jnseah. howev r. sold At l0h and lOa Erie at
49,. Delaware and Hudson; ssaosc In sp s.d
oucers' Consolidated Land and Petroleum Com
~. ,nar.stons sa,vad IN greatlv confuse both
| large aud small spectators, and the brokers.
after the close OF the Exchange, were more than
usually mixed In their views OF the market.
| he earnings Of The Michigan Central X lilro I'd
show an Increase for the fourth week of July of
SASS, but for the month, there was falling on
Inc total number OF shares dealt in was
s3,lS3, OF which Rock Island represented 1850 ;
Pacific all, 2l,lOOi Michigan Cen raj. 12,Oo0
Lake Shore. $500; Delawl Lackawanna and
Western $50; New jersey G. ntral. $3.50; est
gro iS o nS" @ New Yors cen 1ns sc Ere,
GU; Cleveland and PITTSBURGH. 400; Northwest
.rn 40; the preferred. 900; Delaware and Hud-
son Canal, zoe II nnlbal and st. Joseph. 500
| Illinois Central. $50; froducers' Consolidated
ana n, ilo; wells-Farso Express, l57 Morris
anu Essex, %; aud Chicago ana Alton, g.
In the gold market, business was dull and
without special feature. The rly speculation
closed { lll,., as against ILL.,. at the opening
but there was AZ no time any appearance OF
| Tic.
The following were the principal transactions;
10 A. M....lllJs 1871 A. NJ lin 1880 .....l1lA
1904 A NJ. lll4 1888 A. NJ .lllA $40 r. M...lllN
In loan, the rates paid for having balances carried
The 'o,si eesiinss a, the Gold Exchange Bank were
esnts s TRs @S ss
800 10 cssd 5ena ana paid out ~ cola Interest Oh the
The days 6u.nes. the United States Sub Treasury
GI sSd fi Sslanc. sa sq s
t75g 6S3 az currency payments, A5pl7o10; currenc,
b4lan e. $50 34s.264 80. Customs. 100000.
lhe nut, rnsl rev nue. receipts al Washington to-da
werr 500 900 anl Lne customs receipts t55o, 900
The lras al W shington received t33 lu1l IN ma
tional bans notes for redemption The bullion IN th
BANK ~ England Was Increased k1OOo.
fOregn eIcnAnge ruled dun out steady al the nomi
nal quotations OF - SShs and s4eO1s tor tine and de
mand drafts respec ,lveiy.
The exports OF domestic produce, currency va ua
ton, Tor tie wees ending to-day amounted TO s5vis
OSd, exclusive Of specie
IL the money mark, there wac an increased sunni
Of lOanAblr funds call which offered "a 20Sl1
cent, with late negotiations nj the lower rate irm
mercantile eldor ed paper was IN request al adSi
cent. with eNccutil ns OF D.
& vcrnment bonds ruled ST. ong ana closed nrm Tn
principal trans ctlous re N coupon lhb1s al llsh
coupon 6s OF 1881 1905 registered do, llpAs an
currency 6s. l26A Dut holders were not disposed I
eel AT current quot tions.
The follow W 3 l.. NJ, closing prices: