The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-01-22
FINANCIAL Avn COMMERCIAL.

FRIDAY. Jan. 2l-P. M.-There was "a large
and we'll distributed business Mt the stock Fx-
change, though Lake Shore. Ohios Western
Union. Pacific Mail. Northwestern. and Rock
Island commanded the chief attention. Prices
In the morning trade were Irregular. but as the
day progressed Il strong tone was developed,
which resulted IN the best figures during the
later busn, S. New York Central about mid
day became conspicuous by It's advance Of y
cent TO ll2s, on purchases of a few hundred
shares, but subsequently reacted and closed at
lllA. The orders to buy were partly TO cover
short contracts. the bears having become alarm
ed by reports that the stock was on the upw I'd
{ OK to 10. l. he Shore, after opening at G8A,
dropped to o. seller .. bat from this point be-
came the great feature OF the day ana rose TO
6,ai, though closing at OK. The scramble OF
the shorts to cover their contracts caused much
excitement. Ohos were also deriied feature,
and further advanced from q 10 ~. buVer Z,
and the preferred rose to ~ la the Northwost-
ems the common again sold At ~. buyer g. and
the Ureierrcd closed at So :. the highest point.
Rock Island advanced y cent. to lbs. Atlantic
and Pacific preferred to 3. Missouri Pacific to
~, Hannibal and St Joseph rising 2. to -. and
the preiersd g Z cent. to 81 at witch nguro
II closed. Michigan Central was y e cent. bet
tes at t., and Wabash 81 at ~.
The market closed ifong ana confident Out
side OPERATORS have teen large purchasers, and
the operations TO-DAY did not ina cate the usual
nanipulatiOns, but Appeared to be the result Of
agenuiue buying movement.
The totll number Of shares dealt in was 49,
1913; of wltch Lake Shore represented Gi.Opl;
Ohios 1850: Western Union l5520: Pacific
Mail. l0tup New York Central. 3.P1i; -. Pau.
1850; tac ufcicrrcd, 45pO: Northwestern. 800:
lie Preferred. 2,i0j; Mtthg.n Central, i..oG:
Rock Island. $50, W abash, $3.50: Union Pacific.
l.ll5; Hannibal and -. Joseph, 4,oO; the pre-
ferred, 4,ljA; Delaware, Lnckawanna and
West en- *Gii; g.. G. md !. G.. l.s,i; Erc 30;
p.cinc OF Missouri. l,pO; 81 LOUIS and lion
Mountain. 1907; CieNel nj anu Pittsburgh. 80;
Atlantic and Pacific uleit rfed. 81: ilnoi, Cen
raj. Gn; Panama. 3n: c., c. G. and l.. so Ncw
Reno preferred. 20; ONO preferred. 80; II.
Louis. Kansas City and Northern. 2r; United
states Express. ~; and Sew York, New Haven
In The sold market there was very li,tie bust
| mes. The openinR prize was III. with rise 10
49, tut Oh iihD raj sales bN pilflt, VINO were
influenced hy rumots that The 2 cent. Cow
Crnment bonds would soon be brought upon the
| nlMket' the price fell 81 TO liz s,tnouRh closing
me Following were the principal quotations.
ii,,9 4 M.u3, li5gA N.."iiii33' iaoss M.Iiii33
ii:,i 4. N..iiS i..o r. N...iii7. sou T. T....iii5
In laa- ne rate PAD for ha,l- ba.anccs carried
lie tofa' clrs.iA- q the cod Exchange BANK we're
T. snce !, ~ s5 iac scasGr, rt "a nt; ;ss
~ol1c yea nd- aud paid out IN com interest Ca TIC
fne iu 1i,ia - at me nitei states SUP rcasury
.ssa d.. balance t4oo4 $40 81. CsrrencS receipts,
sis' . "9 tu ptSm.h ,j IT, DO o"''ee
Tue internal revenue recount. were tiooQo' ami the
received sS'1usi IN mar ona BANK notes for r,denp.
| $50 %.
Foreign exchange was fIu az s4.S5i, and 81 SOL for
ana otnALd H., with actual sales at g. 81 20
tlN1 ami - SSissu - 81.
None, confnu-. ia abund ant supply cali At DO y
cent, Nt Tree offerings az cent. at the close. Dis
fnrCo srn.sni .oud market continued to reject a
| hr-, ecHanu from int -iur-, WLich strcngthcugd
prices without ftlffc e 60 the course Of gold The
ts-c 90 mon y. aith snuuuts one tLE Government
securities IS cpntcra az cent. lar pcy ond the -"
meats " born lll uatura Is ftiUua. the
inquiry t'Ca I-c" cont. sllf inter ~ run thus hc
tanned. c.ist,rD4 lsU1s LEV, ADVANCED T. ccLt to
lisa anu The coupons so brou-ai lisa a rise co. 4.
t.upoa lsbis ,ud a. l'iN. tl.1's; cOui"n as 1851.
ISL i2l