The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-08-11
FINANCIAL AND COMMERCIAL.

THURSDAY, Aug. 10-P. M.-There were
no special or distinctive features In the stock
market, and the operations indicated truce to
speculation. Both bulls and bears were evil
IDENTITY content to leave the market to take care
of itself, and employed the day In a survey OF
the situation. The transactions in Michigan
Central, 81. Paul preferred, Delaware. Lacka-
wanna and Western, Lake Shore. Rock Island,
Western Union, New Jersey Central. and Pacific
Mail, in which the bulk Of the business
corded, were not attended by any developments
particularly interesting to either the local or
general public, and the remainder OF the list
was practically neglected. Michigan Central,
the coal roads, Lake Shore, and Western Union
started OF strong. with rally, excent in the
last named, of h3H y cent, but this effort was
succeeded by the lowest prices Of the day, with
an unsettled and irregular tone at the close.
st. Paul preferred attracted some attention
during the afternoon by Its advance from 69k
to eek. having opened at 69%, but a decrease In
earnings for the first week in August OF SO. 100,
as compared with the corresponding period OF
last wear, caused reaction to eaA, seller 9,
closing at ee1l. The dealings in Lake Shore
Nected comparatively SIN I'll business,
2hG43bG4eS. Delaware, Lackawanna and
western ADVANCED y cent. 70 e51, with
lost It's Significance, ANA recorded scarcely any
business after midday Its range was 6s16sH0
6lSd6lat. and the premium for the use ot the
stock until tomorrow was reduced to 1-lGI X
Of = cent. Rock lslond showed weakness IN
the m orning at lGnDl05,. though II later rallied
TO I08k-and closed az 100 in sm ii amounts.
Delaware and Hudson improved: with transac-
tons at s5HQeo; but Pacific Mai and Ohios
were a shade lower, and inc catel an indtspOsi-
ton among de 'lers 70 trade. Erie inged AZ
BOOB; Western Union at II is@Il; though
joseph at i0s The Softhwe tern stocks were
steady AT IS =, and 81. Tor the eommon and pre-
ferred, and Pennsylvania Coal sold at 2bS with
transactions In Producers Consolidated Land
and Petroleum Company at lls's ani ll3.
Inc new Mining Board was organized to-day
by the election Of William Ward - President.
At meeting OF the nondholders OF the New
York and Boston Railroad Company tod ",
the committee rec 'mmended he issue oil si,ooO,-
600 OF preferred stock, and also that the trst
mortg &c bonds be sold at rs. PC. Calhoun of
the Fourth ltion 4 Bank and Jonn W. Ellis
were elected directors.
The total number Of shares dealt In WIS CO.
go, ~ which hichig,n Central represented a.
ierred. $50; Western Onion, 500; Rock Island,
2,495 Delaware Llckawanna and Western, t.iD;
Atlantic and Pacific preferred. 500; DsltWare
and Hudson, Al; Ohios, 400 ; Norris and Essex,
81: prodncers' Consohd ned Land and Petro,
ieum COMPANY, 80; Pacific OF Missouri, 80;
Harlem, lO; lianmoal ami -; Joseph 100; ST.
l.. X. &. and y. preferred 100; Psnusylvlnia
Coal, IL: n. Y, Y. II, and H., 70; Union Pacific,
50; and c. H. and Qdincv, 80
The gold marite, reflected good degree Of
activity during the morning trade. but subse-
qucntly became dun aud devoid OF Interest
Considerable amounts were thrown upon the
market for the purpose Of purch lsing az q lower
price for account Of the bond awards; but
there was also an absence OF demand for leriti-
m tie purposes. he opening figures were Ill a.
but. under the influence OF free offerings, the
market declined to Ill +. and closed at the lower
quotation.
rhe loLowing were tire nrincipll transactlonsi
~ M........ ms ~; \. M.............l nv
1910 A. M....... lllAs p, M.,,...,.....,,,.lll NV
In loans the rates paid having balances carried
w. | cent. and hat. -
The otal ciearln.s "A The Gold Exchange Bank we're
o. $4,000. III talinCc-, tli1ipD, ana currency
htnncc- tS4 9.Hl. Inr Suh-Irelsury redeemed t3,-
in called bonds and paid cut ~ COLI interest on the
The days busness at the United States suhTreasury
wAsi Gold receipts t5d1, 1895 gold payments tiA'
O43 % gold balance <3l 2l 20 sh currency receipts,
t6t9 $685. currency pawn nls, s501,2O9i0 currency
| balance, $50 pI ,OiSSo, customs t4Sl 900
The bullion IN tue Bank ~ England Was increased
beeu l,OOO he specie I'm the Bank Of France was
also increase oOSOOO trance during the past wcck.
Foreign exchan attracted no attention. The rat 5
steay Mt sass and - 90 with concessions Of 1sg0
| alc. To such is desired to purchase,
Free oherln s OF lOanabie funds on call al 3UlS
| cent. covered the range Of negotiations tn stock
! brokers, while lSl.e were the rates TO dealers IN
| United States securities, The supply was abundant
Discounts were quoted al 30ei TOR strictly prime
pames, with exceptions nj tleCSb.
Government bonds were heavy and lower, but closed
steady the decline. Tnorc not much deposition
TO either buy sell. and dull market was not, d
Coupon iS6bs, new changed hands ~ "a coupon O'
1881 ut l20As aud l2O3s coupon 1905 At llD Ant
| 1l0as Dut currency is were steady l2baN l2bs
| The following were the 4. NJ closing Prices