The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-02-09
FINANCIAL AND COMM kRCIAL.

TUESDAY, Feb. S-P. M.-The stock spec
ulation opened active. with renewed DISPOSE.
ton on the part Of the bears to break the mar
ket. Western Union and Lake Shore were tho
principal points Of attack. each yielding II 2
cent. under pressure of offerings to 1G,. and
6Gh respectively. The bulls did not appear to
OPP ose the downward current, until at the sec
ond board there was a partial recovery, followed
later by a reaction Of AGs u cent. Ohios were
also weak, and declined from 2s'i to 2lss closing
at the lowest point OF the day. The Northwestern
and ST. Paul shares were In the main strong.
however. based upon anticipated favorable ac-
ton on Wednesday In the Wisconsin Legislature
on the question OF the repeal Of the Potter law.
Pacific Mail declined during the morning from
85 to 35 seller B. but later rallied to 35. though
closing At 35b. In the other shares, New York
Central further advanced to 1HA, but lost y
cent In the final transactions, and Michigan Cen
trail Welded from 6lts TO CO., Rock Island sold
at l09H, Illinois Central at qsh, St. Louis and
Iron Mountain at %. and Hannibal and 81. Jo-
land and Pittsburgh, 50 Erie, IN and IL.
and New Jersey Central, lb}s.
especially In United STATES. which further I'd
need ~ y cent. to 20. Adams selling at 100,
American at d0'.16lS, and Wells Fargo So 10
SIN
There were no specially prominent features in
the market. but while a generally firm tone per
bic attempt to strengthen the list. fhe bears
asnp~a to trade for y to y z cent pronis aud
then rest from their operations until another
favorat 10 opportunity is presented.
The total number OF shares dealt In 1884 Of
which Western Union representsd $500; AXE
Shore, A.2O; Ohins, $3.50; Pacific NJ n. 10,lUO;
Northwestern, ! .25O; the preferred, 1900; Rock
Island. eos Erie. 25O0; Illinois Central, lsf,
New York Central 3,4lS; linton Pacific 537
Cleveland end littsbureh, $780, Michigan Gem
trail 2,l2j Wabash. 80: United States Express,
l;sO; Welsh Ireo Express. 4l2; New Jersey
Central, 40; HANNIBAL and st. Joseph, 2J1 the
preferred, 60; Delaware, l. ,ckawanna and Vest
ern. 5Sl Adams Express H0; American Ex-
press, 4'b; Fort Wayne, III st. Louis AMI Iron
Mountain, 3s5 C1nsplid ,tion Coal, l20; Canton,
100; Delaware and Hudson Canal, l0i; Dubuque
ard Sioux Guy, no Harlem. ITO Kansas Pacific,
100 Quicksilver. 10; Reno preferred, 100;
St. Louis, Kansas CITY and Northern, 100; ONO
preferred, 80; New FORK, New n wen anu Hart
ford, 6U; and Norris and Essex. 30.
The transactions in gold were more con-
to $4s84 and $3.50 foI prime o. DAYS and demand
b. rs strengthened the market, which rose from
1l2'f at the opening to 49, rhe Improvement,
however, was lost at the close, ana speculation
became tame and uninDortant.
Tue following were tue principal quotations
10 1875 A. iis 1883 1878 lPs MiIss
In loans the rates paid for having balances carried
ragged from to 6le yer cent;
% 5ssooo; gold balances t95o'uv9 anu currency
The snbfress1rv redeemed $4,000 IN called bonds,
ami paid out ~ com interest on the ploc deol $4,000
v coz gscecs Sps s s" esyen &
u 90 DO. balance, A7S5OIlDS0. Currency receipta,
saee Is. Sa %sa s5S o5 Si'oO DO bal
6s sT-Su r ossSs al I % o ang on
eminent bonds as collateral WAS paid. Discounts
class m rcahiie paper 10 be found in tne market.
Goyernmen securities took fresh tart ana he ac-
panied by a. advance OF sssA cent Coqnon i9Aos
ii7ss eli7It and coupon ls,ss' new ilul5 wniie
1857. coupon aud registered were quo ed at leiASe
nimer