The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-09-14
FINANCIAL AND COMMERCIAL.


"WEDNESDAY, Sept. l8-P' M.-There was
more pronounced bullish feeling among hold
ers OF substantial stocks. and the most siRnin-
can't feature OF the day was the purchase by
fresh buyers Of Lake Shore and some Of the
other spooialties. Under these influences an
advance OF s to IN y cent. was established.
with the best figures generally recorded In the
nnal trade. There was a story current in specu-
lative circles that n settlem ent of the railroad
war was not far distant. hut the surrrising re-
Election IL that the railroad managers have per
| mit,ed that ,oo,,,a,,. a., 49,, =. -. ,.,
ro,so,, -, 'ouu'""ons 10 ne so long co'"pro-
"'seu NV a oohsh pride, which "a certain sooner
or later to arouse the Indignation of lnpover-
| ished stockbolder. and ovor,.ha,,,, &c. 90,
| 80. A., ., wv" oNer"he'm tnese scr
'"",s III rum ne benefits accruing to the
business comm unity from the cutting under nj
rates are no, no roso ,oio.., =. - - -,
w W. 10 '.so-Vo'oteu as many have been
ieu 10 suppose NO prudent business man will
enter into new engagements when tho f.c, ia
patent that thia war came, ho ..a,.,..,
p"'e"' 'ua' '"'s "al cannot oe Tor any length OF
time continued, and this fact Is positive check
to the recuperation Of the Industrial int croatia NJ
Oh. coun,rv I.Lo shoro oraoaa -. a, ' "
'"' H'Ne D"o'e upe"eu at OIL ahu rose
under liberal purchases to b2A, at which figures
IL closed and 81. Paul was also y better al 31.
,.hua n, o.. .a,,, ,t,,,o ,Ao ,.o,a-.., .,'
"n.io ~ '"o sa.no '','o ."e preier.eu advanced
y y cent. to CO... Rock Island showed an i'm
proyement OF .. To IO5k and Nortbwestern nra
-, -. :, -. :. co. -, =, " n
ierreu was . better AZ oz''. Erie rose 10 va
~,
Ob,os rnlIvine Y " cent. to I1X. There was
' '"S I" '' w - 800 "a1
quite an active business during tue AFTERNOON In
Pacific Mail, which established an advance OF
~ No -, a., oo,< 1900, ~. .,,ornu,o1 80.
"a cent 10 ga oauseu w a.'ehp'eu oo'or-
Ing Of the shorts; but at the higher figures there
was liberal supply OF stock, which caused q
reoc,,on n oo,< ,r,,h later ,r.na.c,,ons =, eoL
'Vao''o" W 80, VIZ" 'a'oi Na"en..'O". o. -
The coal stocks however, were the absorbing
features OF the days speculation. and the bulk
at,h. .S.t.a.. -. - a. p.t.,.... r..,,.
- suo 'u s, w..o 10Y, ~ " $500 c .aUA
both OF which ductuated widely and rapidly
The first named opened az Is, but soon ran down
TO 73K regular way i3L seller 4. 10 seller e0 and
7OS. seller 30 though near the close IL recovered
10 I'M with subseouent dealings AZ Tlx SELLER a
and az. New Jersey Central made a break Of
auctunted between mis- nsure and Sp1' under
the rule with the closing business AZ 2Sh Del
aware aud Hudson attracted attention because
of its decline from 65 to co. seller CO. and suuse-
auent recovery To- G6S. with The next saIe one NJ
ceut lower at the close Morris and Essex also
took n drop from IS 10 IA. seller TO- with regular
sales AT "a and closed AT AK Michig,n Central
after selling down early in the day to 3oi., took
on more s!renssh and reached che to the ns6es,
the list was practically neglected.
.o mere were no new facts respecting the coal
, insestols oon.inueu " ui'I , nlu .ne
butcd to this fact. The general market appears
to have again broken away from the coal stocks,
trade only In SUBSTANTIAL shares was noted. "
The fast that the Western railroads at their
meeting In 81. Louis have agreed TO pool their
bound re,sutsw's The snbeet Of much discnsl
sion in speculative circles, because likely to
the great trunk lines. '"' '''''''''''" '''"'''
| OIL, of which Del ware: Lackawana and West
! 10; Western onion. 7.4I5; Pacific Mail, 900;
| Ohio 23O; Michigan Central, 8aSO; Delaware
nhu tucson Csnai ~ ERE s'sos Mor.is ana