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

MONDAY, Aug. 7-P. M.-The stock mar
ket opened strong, and during the early trade
tho active specialtiss advanced y to y v cent,
but the hot weather soon checked the dealings,
and the transactions were light throughout the
remainder OF the day. Rumors, however, Of =
conflict between some Of the coal agencies in
Boston. resulting 10 reduction OF IS cents D
ton for coal in that market, were made the oc-
casion for a fresh attack upon New jersey Cen
trail which broke from 62js to b9x and Della
ware. Lack HAVANA and Western also suffered a
decline Of IL q cent. to g3A from the same In
fuences. The course of these stocks Impaired
q heavy tone to the remainder OF the list, and
the Improvement OF the morning not only
lost, but a reaction to the lowest figures of the
day, with few exceptions, was established in
the late transactions. st. Paul preferred, how
ever. opened at 6sb. rose TO 80, and then fell
away to 6ss. with closing sales at dsH. Lake
declined TO 63Af. seller .. and closed at 53a.
seller 3. Western Union, after rslying y q cent.
70 ~, also yielded to 79ls, seller 3. with final
attention Of the bears at the second call wit a
drop OF ~ cent. to 1856, and Ohios were y
lower at l2H. Michigan Central rose \ to Al y
before midday. but subsequently broke IL y
cent. In sympathy with the rem inder OF tho
list The Northwestern stocks on small transac-
lions were ana "a lower az tho close, nut Pact
&c vail was steady at S3A. seller 3. TO 23's. Han
n.bal and ST. joseph ranged AT IL 30 l0s, ana The
deserve mention. The operations were not sig
nincant; but the bears adroity checked tho
market In its upward tendency by coucentrat-
ing heir forces upon the coal stocks. when, at
the best, have been for several weeks lacking any
substantial support.
the. total number OF shares dealt In was
1897, OF which Lake shore represented $3.50 |;
g. Paul. 200; the preferred. $500; Michigan
Central, 1900; Ohios, eco; Western Union.
400; Delaware. Lackawanna and Western. 100 :;
Rock Island, 500; Illinois Central. 100: New
ern, 3lo ; the preferred, 100; Erie, ,Hf n mt
bal and -. Joseph, 400; the preferred, 100;
CLEVELAND and Pittsburgh. 25l; chicago nni
Alton aU; Delaware and Hudson Can.s, lb I:
In the gold market the tone was gcner liv
steady, but closed heavy at decline from ley
to lll7s.
There were not however any special features
presented, and duluess characterised the days
business.
Tie following were tho principal TRANSACTIONS
10 A. NJ .lsS 1888 p NJ. .lllSs 800 r. A....ulJS
In loans the rates paid for having balances carried
gs S css ,1 The sSla EEShlnse Bank wre
Ssoces iisiii4 The suiffcisury rcdeem s%is ,sI
o IN called eonas anu paid out IN cola Interest on The
The dsys business at the United States Sub Treasury
yos coo sd F9 GsaScs $500 81 ga g1yHSas So
s .i5ss "a, eaTsSsS pa{mSss 'se1S 90 currency
were sGio.1Oi ami Toe cnslo ms receipt sS@,oO;
uSnai bans notes Tor reaenptlon.
u q te rem in,s. Tor =. 100 900 OF coupe or
r.5i, eied cent 5on = Ia 9to %, net less than $780,
tSTiSa cHcnsnse r1led diil o3 steaI at the noni
an rsts resey az" ss,s LII 20, We az "
| OF S. aud Il say tf.ao.
cali to tas oe I s4n raC the rates Ss
counis were quiet al Sol cent. tOr prime endorsed
GyvcrnmenI bonds rejected Strong tone and the
new which so al The busne i hs " tSSS.
hSnti nht gu, tns hl'rAet c.osed nrn.