The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-07-28
FINANCIAL AND COMMERCIAL.

THuRsDAY, July TIP. M.-During the
morning transactions business at tue stock Ex
change reflected a tired appearance, and oper-
ators were employed IN counting their profits or
losses, without paying much attention to the
market. In Delaware. Lackawanna ana West
ern, however. the pressure to sell stock con-
tinued, aud the price dropped to e6, regular way,
with sales at ~, seller co.. New Jersey Central
and St. Paul preferred also easily yielded l y
cent to e3A aud os1t respectively. but inasmuch
a Lake Shore and Western Union were only y
v cent. lower, and Ohios kept moderately
nrm at Rh 4 l2Ll21., halt 10 the bear move
ment was apparent. Pacific Mail at this time
sold at 23h itn', I2A, and Northw esterD pre-
ferred also ranged at 81, lo6ih t84. About mid
dav, however, the bears commenced vigorous
selling movement In Delaw are, Lackawanna and
Western. st. Paul preferred, and Michigan Cen
r,l, which resulted in a further decline Of the
nrst-named to ". seller 3, with sales OF st. Paul
to osS. and of the latter to 42s. In this pro-
gramme the operators for a decline
assisted by ell.crculated reports that Com
mOdots Vanderbilt had suffered relapse,
which was the signal Tor terrific on
msiuder Of the list ; but this stock AND West
err Onion were forced down only y and y y
cent. to ga, seller 3, and 69s respectively, so
that the shock wa productive Of less favorable
results than had been Anticipated. Northwest
en common aud prefereI 1, without any appa-
rent support, however. readily yielded to 3ejs
and a.. the onls vigorous defence OF the bulls
having Oeen observed la Lake snore, with re-
suits alluded to above. The bears covered con
siderable amounts In the late business during
toe eIcitement and depression which they had
created, but at the close the market was fever
ish am unsettled. A good number OF out Of
town orders to purchase also came In late IN
the day, aud the friends of Deiawar Lacka-
wanna and Western bought. ia the aggregate,
quite respectable block; so that opinions are
greatly diversified respecting the cour~e OF tue
market on FTid4y. though the downward suecu-
lation for the pr~ssut would seem to have nearly
feebly supported that less confidence Is express
ed In these shares, but tue active list has SUD-
mitted 10 such a thorough shaking up that
natural reaction Is not TAR distant.
lac total number Of shares dealt in was 49,
aS. OF which D-laware, Lackawanna and West
ern represented 81. 40 Lake snore sscO Mich
~ ~ Cen ral ltlvJ 81. Pa 1850 the preferred.
b.'oO; ohi.s, 6;.So; pseiuc Maii. 6-aU; Western
the preferred. $3.50; New YORK Central. l.aSl !:
New Jersey Central. +.Ul7 Rock Island, CO..: c.,
tue preferred, 40: Ooio preferred. 40; Morris
ana Essex ~; Chicago ana Alton, $50; Cieve-
lana anu Pittsoursh, 21s; Atlantic ana Pacinc
preferred, 100; Atlantic and Pacific Telegraph
Company, lUU; Delaware ADD HUDSON Canal $50 I;
llinoi. Central. lU; United states Express. l3O {;
Toe operations. 10 lid were extremely limited
but decline Of :. TO lllA. was established be-
fore midday In consequence OF Withdrawal OF
tue specie engagements for to-day's steamer. A
ntmer tone, however, en.raeteiized the after
lll7s, tue highest point, without developing any
tes1ures Of prominence.
10 A. M.............1l1ts 1884 p. M........ llltt
ll:SS A. NJ. lila p. M.............1llSs
In the rates paid for having balance. carried
Tae oI.l ele.riafs At lae Gold EIea.Dse Bank were
81 sdl 90 sod balances, t7s7,sdg and curI-ney bal
Alcs, tol1.bo Tue sub treasury redeemed $1,000
called ood., sud paid out II coin Interest tue pao-
| lie deot tl2O. 90
The day Uu-ineisat the untei states sib-rrea.urr
va; Gold receipts. f2b2.27s u payments. 1851,
stl 70; o.iance, tS4.o'J.s ~ currency receipts,
ts.l.5sl-s9 do. uAyueats tlOu5, 3O4.5O, ba
| t2y.sO9 ,3sJ. 50. CustOm t2ilOUu.
Tue Internal rrNtnIr pc At Washington tod ~
f45OuDo anu tue customs receipts 10000. The
Treasury al Washinson received q 10000 naiona
blnA notes Tor redemption The bullion IN the Bank
OF England Increased 10000 to-day, making total
OF A. t&0Oo Tor Me seex aud the IN tie Bank of
France IL az. 0O fr-aes durlnx the per. Oh.
Foreign exchange ruled dull and heavy the n0mina
Quotstons Of - ss4 anu q eOlH for and
drifs with &C 1uai sales ~ t4s7i.st 50 aud e. ssa
| ssA.SO.
| Money continued In sbu adAnt supply on call at . '
&C l.. And prime mercantile aceeptAnees were in de-
| IN md a. 3S5.
Inc indlrrent tone OF the gold Market aud further
discussion Of the SILVER OH before Congress
sored 20 render tue business In Government bonds IN
imDortAlt. AT the early boards however there
OF coupon lsd7s At lqo registered So q 1881 at
III, coupon DO LISA registered lo,ss 81 l2lA
pom do. l2lA snd currency Dc l-5s bui Alter
/ noon TRACE s4s neg ectsd.
| The p N, closlng prices: