The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-03-09

WEDNESDAY, March 8-P. M.-The opera
lions at tho Stock Exchange we're again almost
exclusively confined to Western Union, Lake
Shore, and Pacific Mail the dealings IN the
other shares upon the Hat having been com
paratlvely Insignificant. The first named at
tracted the larser attention. because OF the post
poDement by the Executive Com mittee At Its
meeting to-day Of the usual quarterly dividend
off 2 cent due April I. President orion In his
report shows the estimated net pronts for the
quarter to be $72O,Oii.53; but after deducung
the interest on tho bonded debt and the pay
ments to the sinking fund, amounting In
the aggregate to sl57,W0. there will be
applicable to dividends, S5S30i4.53. From
this It IL proposed to deduct f54gSS7.93, the
amount OF the deficit OF floating indebtedness
arising from construction and purchase OF new
property, so that only t33,63e available will re-
main In the treasury. The course of this stock
In the days speculation was not as cratic as
would otherwise have been recorded. had not
the main facts been previously discounted by
the leading operators. Opening at 8e1, and ad-
yancing to 6sys, It yielded to 6sH but at the rst
board assumed much strength, and rose ~ v
cent. to 69N, though later reacting TO the lowest
point, ana closing at 6SN.
Pacific Mail came nextin point OF romnence,
and displayed much strength during its rise
from q to 2i'I, though subsequen " dropping
70 ~ then rallving to %, and finally closing at
was due to street runIOr that one Of the com
panys steamers had been seized TOR taxss.
Lake Shore reflected considerable activity in
the late dealings, when the price rose to 64A AZ
against 63A earlier In the dav, but II yielded In
the final trade to64, and closed at64h.
Wabash was more active at 3S6D3AdD3A and
the Western shares recorded the highest figures
" the day at the close. Erie ranged at lsDlsx
617A6bl7x, and Michigan Central WAS strong ut
62A0t2 a.fo62h. New Jersey Central sold at
l9dhUlOJhGlO6H, aud Ohios were \ lower at
Union Pacific, on transactions Of only 100
shares, advanced ~ cent. to 6SA. At the
annual meeting Of the stock holders OF thus
were deposited for the following directors
oliver Ames, Elisha Atkins. Sidney Dillon, Il.
H%es "a. jaw Gould. s W. Mills. q. j. osSor st
Jas. ID. Smith, Ezra II. Baker, Joseph Richard
son, g. AZ Dodge John Sharp, ana s. II. II.
elected President, Elisha Atkins, Vice-P resi-
dent, and Il. "A Rollins, Secretary and Ire surer.
The old Board Of Directors were all reele cted
except George 5. Scott, whose vacancy was filled
bv Mr.. Clarke, the General Superintendent Of
the road.
he report OF the President states that the ac-
tual gross earnings for 1876 sll993, S32, and
the operating EXPENSES during the same period
ings f7,01l,7S The gross earnings Of the road
SHOW gan Of tl.is3a5l over 1874, or, .deduotine
the Increase OF EXPENSES, fl27,34 during the
year, there Is an increase In surplus Of $,30J.6f
Cons oxidation Coal sold down to a., ex diyi-
dend, but the other shares were quiet.
he total number OF shares dealt In was 49,
so, Of which Western Union represented 81 $50 /;
Pacific Mail, $3.50; Lake Shore, 3Oso0; Erie,
$3.50; Wabash, 200; Ohios, LOO; Michigan Cen
trial, 4.G00; ST. Paul, LOO; tue Preferred 800 (;
New JERSEY Central, 1870; Panama. $50; North
western, 500; Consolidation Coal. b15 Delaware.
LaCkawanna and Western, 40; New York Gem
trail. $50; Morris and Essex, 400; Maryland Coal,
800; Union Pacific, 400; Union Mining Company,
Az st. Louis. Kansas CITY and Northern pre-
ferred. 800; G., e. and /. G., 2O Canton, 30 (;
Hannibal ana st. Joseph, 30; Missouri, kansts
and Texas, 10; New jersey Southern, 800 (;
Quicksilver, 1OO; @. &C. and L. 200; Chicago and
Alton, 10: A. ana 4. Telegraph Company, lis ;
and c. ID. and Quincy. 40.
Ihe GOLD market was strong and higher. with
an advance from ll43. To ll4A., closing at the
observed, which, added to the hrmness Of for
eign exchange, caused confident tone through
out the day
The following were the principal quotations;
1000 A. IliA 12bd p. Miles 2.55 p. NJ. .l14ss
were 2, ~, 3, 8ip ana v cent.
The total cicarngs a. the COLD Exchange Bank were
basncrs 81 5i3ssS. Tie sub.ireasury redeemei ,22
OO la called bonds and paid out 10 coin interest the
the Gays business at the u. g sub.Trcasurv was:
God receipts, 1857 45l 10 do plymeuts ~ 7S5J2 ~
a35,6i; do. payments. $3.50 zoo 30. 10. balance kL
5slia6ud Gus oms t3OS 900. tlU3i,OOO Cancelled gold
The internal revenue receipts footed no 5000 and
the customs receipt. $5oOOOO The Treasury at Was
ton. The Ouldon In the BANK OF England was ue
Money ruled easy call stock borrower, at 3aeS.
was he quota ion. Disronn r-hec'ei lfr-cr uusi
ntrs TO cay a. is6 cent. for prime signatures Of
Government securities reflected an improved tone
and coupon 1905, 1855, new. aud b - lssl We
days transactions The 10 these issues
brought IN fresh ORDER to purchase, and the marse
closed strong. The following were the =. Nj. quota