The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-09-22
FINANCIAL AVID COMMERCIAL.

THURSDAY, Sept. 21-P. M.-The stock
speculation developed simply brokers mar
ket, without presenting any operations winch
could be dignifed into special prominence. Inc
market started OF strong for Western Union,
Lake Shore, and Michigan Central, and accom-
plished an advance in these shares Of NON per
cent The better tone naturally impaired a Ia
vorablc influence to the remainder OF the list
and was evidenced in a rally OF New York Cen
trial IL per cent. to g9%, while Delaware, Lacka-
wanna and Western moved up from T7h, regu-
Tar way, ara Hk seller 90, to Is buyer3. New
Jersey Central at the same time received en-
couragement by purchases for Philadelphia and
Pittsburgh account, based upon the revival OF
story originally started when the stock was SELL
ing at TO- that the Baltimore and ohio Railroad
Company was contemplating its control, and
the price, under the influence also OF assistance
by covering OF contracts for the bears, shot up
from 20 seller 3 TO 2sA. though 1t subsequently
fell back to 26H, and closed at "a. Ohios were :.
better at l3t and Wabash rallied to ~. on the
report tina foreclosure proceedings against the
road had been stayed. The 1T. Faus were also
nrner. with an Improvement in the common to
8l1t, while the preferred was = better al 631s, at
winch figures II closed. Rock Island jumped
Ia per cent to 1861. aud Northwest preferred
was better at 6lA but closed at 81 y seller 3.
In the afternoon. however, the course of the
mark ct suddenly Chaneed, with a drop In west
ern Union to 70h and of New York Central To
VIZ. seller .; With final trans ictions at ~.
Michigan Central also fell away to t01s, but i'm
proved y vt the close, and Lake shore which
had sold up TO b3L, was down to 53h. but later
dealings were recorded at bj's ana b34, seller D.
At this time Delaware, Lackawanna aud West
ern Welded to IN and IA, seller 80. and Della
ware and Hudson, which mad advanced from 81
at the opening to 20, dropping to On, seller 3,
which was the nnal price ior ~ mare ioss "a,
business. and Erie sold al 1OA, with some sales
OF Morris and Essex ut 80 aud Northeastern
common at 81, but there was nothing Ia tile re-
malnder Of the list worthy OF remark.
The day has been one OF perfectng plans
rather than the omplishment Of prsciical
results, and II Is possible That the remainder u
the week viii he devoted to the same purpose.
The advance In Michigan Central was partly
due to movement on foot to recover moneys
received by parties who negotiated several Of
the leased lines, and who said, while acting
valuation to suit their own purposes.
The total number Of shares dealt in was 101.-
gSp0l; Western Union, II 2j5 Lake shore. b3OO
blchgan Central, l3,1Ou; delaware, Lacka~anna
wa @ ESss SsS fsEs sS
300; the preferred, 1lCo; Delaware and Hudson
Canal Canal l;9o; s.. Paul. L99O the preferred: l79c'
sex. bgl Erie, DO; Atlantic and Pacific pre-
ierred. 40; Atlantic and Pacific TELEGRAPH Co..
100; HLriem. 100; Hannibal aud st. Joseph. 100;
TIE preferred: TO-; preinc Of Missouri. lN -.
ccnsoIdati"n Co Coal, Co. ADAMS EIpIess rs snG
Fort Wayne, ~.
In the gold market n LARGER business was
noted, but the tone continued heavy, anu the
price declined from ITO TO lU9A. though subse-
quently recovering to 1O9J.. at which figure 1t
closed. The syndicate operations were again
iheioliowlng were the principal transactions.
IitSA H 1899. AS sS + M 1899.
In Loans the rates paid for the use oil gold were 1,
The total e,earngs at the Cold Exchange Bank were
2siciooe god oaispce, l2olvig; ana SSfr.nsy
600 IN con interest on the pnoic aeDi. o..
me Gay 1usiness wv w H s states suo Icssup