The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-01-18
rINANcIAL AND COMMERCIAL.

MONDAY Jan. Up Misrepresentation at
the Stock Exchange started on buoyant under
the leadership OF Pacific Mail, which quickly adj
vanced from Jsit to 800 before the first call OF
stocks This was soon followed by rise In
Western Union from 70 TO tx, Ohios meanwhile
nuctuatinG between 81 and 2lX, with a later
yielding, however. to 20A. At the opening there
were heavy blocks Of Lake Shore thrown upon
the market, which caused temporary reaction
in the price from 81 10 CO.. but at the first
board It commenced to rally, and soon after
midday took a sudden upward turn OF ~ u
cent. TO os1. From this point there were
rapid fluctuations, the price dropping to 67A,
then raying y cent, after which It
touched o5E, and closed at o7A. The
de lings in this stock were at times attended by
great excitement. Union Pacific suddenly jump
ed from rs. 70 7tS, aud closed at ". North.
western advanced II v cent. To a., and Closed |
q cent. better than the lowest point Of the day
the preferred selling up = to b9As. In the 81.
Paul shares there was less activity, but the pre-
ferred was e cent. better at "a and the com
mon y AZ 393t. Erie rose = TO lbA, Rock Island
y TO lO7A, HANNIBAL and It. Joseph y TO 2l}9,
Michistn Central, New York Central. and Pacific
siderable throughout the day, out there were
active buyers and the market closed with a re-
tile display Of strength In view OF the large
The total number OF shares dealt in was 257 eai,
Of which Ltke Shore represented B,'ali IA me
Mall, 500; Western Union, 4l,NO Onios' @,Iu'
Erie, Il 100; Northwest rN, 1870; the preferred,
4.lGO; kock Island, Alb -. Paul, hbb; the pre-
ferled, 2.Ol4; Michigan Genital, 5,Ol9; Wabash,
2rSO; Union P.cinc, 2525 G., c. and !. C., llOJ;
G., e. G. and /" l,oiO; Hannibal and 81. Josepn,
2,6l the preferred, 90; Pacific Of Missouri, l.O;
~. Louis and Iron Mountain. 100; New YORK
Central, go; Harlem. 90; Atlantic and Pacific
preferred, 40; Adams Express LOO; American
Express. 10; Cleveland aud Pittsnurgh, 10
Morris and Essex. l6O; New Jersey Central, no
Quicksilver preferred, 40; Reno bis preferred,
luO; -. Louis, Kansas tity and Northein pre-
feIred, rs; Warren railroad, III; and ~ Y, n.
IA and H., ~.
The gold market was very duh and devoid Of
special feature. The opening price was ll3, with
an advance u llS4, but closed at the opening
figure. The general tone, however, was arm.
The following were the principal quotations;
i''l A. u3 lGil 4. M."iiS sa5 T. Mia
ln oans nc rates PAID for having Balances carried
r'i 'el from To b v cent. - .,
&c. pi5,u0Q; god balances, Sl4ooD63, ana currency
tuuces. Sl9l2,5dS. he sub treasury rcdeeme4 ~
pubic deh, Al n 80 F''' Wv - WIN - 'N
rns laws ihnes At the Unitcd states SUI treasury
46S.n0 DO. balance Si4,7Idof1Ot currency receipts
sslJ,57s % 40. pilmen!s t2,Ms5no9, 40 balance
The ounon in the Bank u England was decreased
Foreign exchange ruled steady At q 50 and - 80
noninaly for ne and den.nl hllls' VITA actual sales
NOaty WAC easy can VA the morning at 600 cent,
whcn Wts md by borrowers who haa neglec,e ed To-
maze up their balances Discounts we're IN more r..
quest At 6es for prime mercantile names.
| Government hOnds, with the principal inquiry Tor
coupon Aud registered Ssi 1905, lOtOs, ana coupon
Is65. new. tho last named issue having ncen sou,
| The investment demand comes chiefly from savings
came into the markct today competitors, because OF
six months, rms largely Increased DEMAND VIII "a
PLAN tne advance II me general list anu tle marker
The fo.iSriag sers Toe 3 +. g. eosng pncrsi