The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-04-22
FINANCIAL AND COMMERCIAL.


FRIDAY, April 21-P. M.-There was
limited speculation in stocks, though a rise Of
y cent. in Lake Shore to 65X, and decline In
Western Union Of y to 66i., caused some COM
ment. Tho principal topic OF conversation,
however, was the recent meeting Of the repre-
sentauyes Of the New York Central, Pennsyl-
vania Central, and Erie roads, with their con
ncctions, and the fact that Commodore Wander
bllt proposes to equulize the volume Of business
from the West. either by a further reduction Of
rates or By some amcatlo adjustment was not
calculated to infuse fresh speculation into the
gene raj market Tho operations IN Lake Shore
comrassed only the same tactics as were employ
ed a few DAYS ago in Western Union, by when the
shorts were frightened into covering. aud tho
rally OF Michigan Central from III. to 53i. was a
part Of the same programme. Erie was strong, at
an Improvement to l5e and Ohios moved up to
!! put the ~ Pauis were weak, though the
Northwcsterns were hrmer, with "A rise Of hW1
y Gent for the common and preferred respect
lively. Delaware and Hudson ON sales OF only 40
Mail fell od.N cent. to H. hut the other stocks
were not prominent, though Union Mining
COMPANY sold At to the extent of 800 sharce.
ard Delaware, Lackawduua aud western ranged
at llpt, lln's " llUd.
The total nQmDcr Of shares dealt in wac 49,
~, Of which Western Union represented a.5i0;
Lake shore. 81 SO: Micbienn Central. II $50; Pa
cinc Mail. Nsi5; Erie. $50: Union Mining Com
pa v, aOJ0 New jersey Central. 2.5ij; st. Pau,
the preferred. l42l; Delaware. Lackawanna aud
Western. Los; Cleveland and Pittsburgh. 6j3
ohi1s, 90; Producers Consolidated Land ana
Petroleum CoLipany, 1o0; -. Louis, Kansas CITY
and Northern 500; the preferred. 800; wabash,
500; American Express. 20; New jersey South
ern. 20; Rock l-iaud. 10; G.. G. aud l. G., lOJ;
Cicv., Col. Cincnnati aud ludianapn., lOI
COusoldtion Coal, 100; Delaware and Hudson
Canal, no; II nnihai and 81. Joseph 100: the
preferred 100; Illinois Ccntrul. 80; New York
Central, lOJ. Pacific Of Missouri LOO. United
Stites Express, liU; Wells Fargo, rs and New
Jersey Railroad, ~
W. +. sherman, late Cashier Of the Erie Rail-
way ms been appointed as-is ant u the re-
ceiv r. with spe ~ charge Of the Departments
Tho gold market WIS dun and devoid II any
pr minrnt feature. All Of tue sales were at
ll2'a and ll2'.. opening and closing at the higher
nsure. The speculation was restricted. because
the action Of the Secretary OF the Treasury in
reference To the disposition ~ the gold C. he
received from the sale OF new 81 of 1881 to settle
Tie following were tho principal quotations,
1873 1873 4 Miish ii4i M"iiiis ld 3 + Miiissi.
The toti clearing, Al the Gold Exchange Bank were
auces. t6dJ 81 The sun-i reasury redeemed Se0UO IN
el bonds. aud paid Vat IA CON interest Oh the Pub
Tie dil business At the United states suhTreaspry
va wa,i GSii rsf.lg.s KY DO paymsni sis9
,i,1st,S 90; pay ncn,s 80 '' do pa'ancc'
fp5oO1. 1hs Internal revenue tec,irt- footed W
$500 o|D; and the custom receipts ,4N.niu. Tue
Bank nOtc- for reclamation.
toreign Exchange Arm but quiet at 4ss and 4. 90
In the money market lac bulls OF the loans on cal
was n"goi iNcd ht y 3'9 cent. ami discounts CON
Government Oonds rejected much strength. ana
sharply adv.heed As quotations Oeo~ VIA shoW, tue