The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-07-18
FINANCIAL AND COMMERCIAL.

MONDAY, July II. - The stock specula-
tion reflected an extremely limited volume of
business, and the market was practically left TO
take care of itself During the morning, how
ever, there were liberal sales of Lake shore by
some of the Twenty-tblrd street parties. but the
price yielded only 4 cent. 10 H%. ana the
bears, not meeting with the success anticipated,
withdrew from the market. Western Union
also fell OF n TO 707., but in sympathy with
subsequent nrmer under current, rallied to ~
at the close. The attack upon Michigan Gem
trail resulted In a decline Of 2 cent to At, seller
Q, though 1t later recovered y y cent; aud
Ohios were also weak at 18A1l54, seller 3, while
Pacific Mail sold down from 25as TO Hl. In the
late trade prices assumed nrmer !, tendency;
Wabash y y cent. to .; but the general market
throughout the day was positively duh. and the
Erie found good purch tsers at l4,i6t14'E and st.
Louis, Kansas CITY and Northern was ~ better
in small lots at 1914: Onto preferred At ep<9es;
II rlem Mt lt0Gi4i, and Pacific OF Missouri at 40
~. The Western shares were steady but quiet.
OF which Lake shore represented lsirs west
etn Union, e150 Ohios. $3.50; Pacific Mall, 1900;
Michigan Central. $3.50; Erie, 22O0; New Jersey
Central. $40; Wabash. l.3oO; st. Louis. Kansas
City and Northern. 600; Pro. Con. Land and Pc
troleum Company, 40; Pacific OF Missouri. 200
Illinois Central, 800; Delaware, Lacka wanna and
Western, go; Cleveland and Pittsburgh, $50;
Rock Island. 80; 81 Paul. 90; the preferred,
100; Harlem. 40; Northwestern preferred. 100 /;
Morris aud Essex. loo; American Express. 10.
The operations In gold were also on a restricted
scale. but the tone Of the market was nrner
Opening at lily. the price advanced TO lllr.
though subsequently settling down to lll1s
again. 40 which figures the bulk OF the business
was effected. the fact that produce exports
have been checked by the warm weather OF the
past two weeks, which has brought into the
market damaged wheat and grain, was the sub
Ject Of discussion IN gold cles.
The following the principal transactions:
1000 A M...........111i9 1922 A M...........1lik
1o:2i A. M............ lila 800 p. M..........n1x
IN loans the rates paid for having balances carried
were Y. cent. and nat.
The total clesrn gs at the Gold Fxchapee Bank
tid.7et 900 god balances, ts95si@i aud currency bal
in called bund. aud psid out Ia coin interest on the
public debt tl60 600
The days business the united Sab Treasury
Gold receipts. t4las75.5S. DO. phvments tsSe.
1852 go. balance. s3 900 fN7 6B eurren receipts,
ts5765i 32 do l7O7 d5l 10 20. balance, t3
3l2sl2s2 Customs, t8SA,uoJ.
The Internal reveuue receipts at Washington to-day
were fi50oO. The Treasury Al Washington received
100000 IN national bauk notes Tor redemption The
IN hon IN the Bank OF England increased $50 900.
Foreign exchange ruled arm At ~ sad ~ plfor time
ami demand draf with concessions ~ q cet IN actual
negotiations Commercial bills were So trce.
Money was ahundlntly Supl lied on call at evan 4
ON pledge o. United states securities, tie rate
@ Discounts ranged ~ 3lsf5.
In the lvcrnmt NJ bond market brisk business was
noted. Wit unusual demand Tor snail amo1 The
market VAS hrn ani coupon lob7s sold AZ Iva the
other Issues also closing strong.
WN