The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-04-14
FINANCIAL AND cOMMERcIAn.

THURSDAY, April 13-P. M.-The day I'm
W all $ rect has been Of more than usual interest,
and the bear programme In stocks inaugurated
on Monday, OF which the public was advised.
became more conspicuous. Lake Shore led the
speculative list, and Its break from 5sH To- 564
brought the general market into such confusion
that holders were demoralized and tumbled
overbo' I'd their shares. The decline IN Erie
the London market to 15S. and its drop here
from IS to 1917 facilitated the movements for a
further decline, 50 that, with no opposing ele-
ment, the market came easily under the control
Of those operating for lower prices. Even West
ern Union, which during a greater part Of the
day had exhibited remarkable steadinese at 6G1
o6I, fell on In the later transactions to 65s, and
closed only at 65ai, buyer .. Michigan Central
was severely handled, and declined from 5sal to
65h under apprehension that a fresh railroad
war would soon be announced. while at the
same hour holders OF New Jersey Central
dumped their stock until the price finally
touched o., ut the close. Ohios followed suit,
and were q cent. lower ut 1917, and the II.
P,uls declined ~ and Il. for the common and
preferred respectively, the NJrthwestetns sell
ing o0wn from az to ia'S In the final trade, and
the preferred e cent 20 co.,: liocs Island was
at III. notwithstanding the purchases Of the
Commodore. c. and !. c., however. was 1rn-
recovered cent. TO ll6, though Delaware,
Lackawanna and Western weak at Hay.
a.
| uIander of tue list does not de erve notice.
The Wall street Exchanges will be closed Good
I he total number OF shares dealt In was
Al;ae; Of which Lake Shore represented
Michigan Central To- 81 % Fan LT ic;oc H.
preferred, $500; Ohios, 1915 Pacific Mail G,94j;
N9rthwestsrn, $3.50; the preferred, eu; Rock
Central. s,Oyj; New Jersey Central, / So; Della
ware Lackawan ma and Western, g5 waussn. go;
Union VI mag COMPANY, so; union Pacific. 90;
| Hnnibal aud St Joseph, 400; the preferred. 400;
| Paci1c Of Missouri, 100; g., G., c. and l.. 90;
| Cleyel nd aud Piitshnrgh' $50; Censolidatton
Coal 30; Morris and Essex, 22l st Louis, Kan
SIS Cit and Northern. 3cD United states Ek-
press. 3Ou; Morris n Essex, ~; Producers Con
solidatcd Land and Petroleum. Company. 30:
Delaware and Hudson Canal, 100; Kansas Pa
cifc, leo; Missouri Kansas and Texas, 100; Pam
ans, 100; and ~. s.uis and lrOu Mountain, 100.
The gold market, though developius strong
ING at ll3% the price temporarily rallied To ll9i.
and then yielded 10 the early ngure, II which II
rhe following were tie principal transactions,
iSs S iiiS 1913 idS Naiiiias 500 F. SSiiIIS
were j, IL as, ~ cent, sna a. s''''''
SIS 90 SSd wv Is1 s tenanss p rey %sre
anccs, 81 s2vYg5 Toe sub irea-ur, redeeue $4,000
easo po9ss sRd pad ous IN com interest ol Tue
The aaIs business = the United states sab-Treasury
90 DO balance tiS5si,ooo os Currency rece r,t
s1s Gs u.s. ~ custom n as. s, DO 0@ANe'
the @ H s up hVoSS ana
inston received s5Oo $50 national bank notes tor
dempton The bullion IN the Bank Of la lana
deere sed ~ 800 during the past week The specie
shlpnlt hts to-day were ttdsuDl u winch $4,000
vac ing ii coin, anu the remainder silver barr.
torei-n exehanse malutaneda nrn tone, with few
on riAs- aud moderate Iciuanl. The no nina quo.
tatlIns a S7ia {i.VO, concrssions from
thete pCln,s we're mlde.
nty became moe abundant on call and loans were
negotiated On stoc-s al 3f3is cent. Discounts md
not command any special Interest, from the tact that
prime scceptances are not maSng, aud caultali-ts
not want snY seconl-rae paper. Frst.c mercau-
ute signature. are quoted al 100 according date
maturity ana the credit ~ the maker
Government securities steady but the investors
were not numerous, though later there vii uLdt ubcd.
y te arge demand. the unsettled condition ot tom
tihtntal narkts entered mo the consideration OF uu
ere, tut Only small volume OF business rccurlrd
Tie prnt pal nqn VS. for 1865. 10 4Os, new Is u
1881, And 81 OF 1881
Tie following we're the 3 p. ". closing prices;