The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-09-13
fIyANcIAL AND COMMERCIAL.

TUESDAY, Sept. 12-P. M.-The opera
tions at the Stock Exchange developed fur
ther selling movement Ia the coal shares, with
Delaware, Lackawanns and Western as the
chief feature. Many OF the genuine holders OF
this stock threw overheard their investments
because OF the unfavorable character OF the
New Jersey Central Railroad report which was
published this morning; aud this fact will ex-
plain the ease with which the price broke from
76a In the early trade to T3h, seller 3. and TS%.
regular way. At the same time holders OF Del.
aware and Hudson pressed their shares upon
the market, resulting in a dec Inc from 10Y at
the opening 70 g, seller Is, and Is, reeul r. New
huences. and fell away from 81. t. 2sh. while
Michigan Central also Yielded = To 3g. There
were no reports current To unfaVOraniy an ct
the market, and the decline seemed 10 have
teen caused 10y lsrger supply 81 actual STOCK
In INV was shoss gy well nrono"nced the
bears made another ettack upon Like Shore.
but met with mucn resistance, SO That the price
however, 1t quickly recovered. and taking on
more strength advanced TO 5lk, the highest
point of the day, with closing transactions at
bli,. The great interest, however, centred In
III. coal stocks, and this dash at Lake SHORE at
tracted only momentIry notice. Erie. however,
was weak, and declined from 10 to o., with
During the afternoon the volume Of business
lesrened, bit. under TIE Influence OF active COW
ering by tire shorts, Delaware, Lsckawanna
and Western rallied to 70, though later huctu-
trail also rln up to 30, On purchases, under the
rule, ecsuse ofnon-deliyery Of stock. though Il
closed AZ 80. aud Del ware and Hudson also solt
up to c. Ia the late trade, wi ia dual Transactions
at 65 seller 10. The -. Paul shares were strong
respectively. aud Psc1c Mail reflected more
streug h by its recovery Of y cent. to 2lr
Western UNION was :. better st iOt, closing at
the highest tgure Of the Gay; out Ohios were
weak al llistlO'.. seller 80. Morris and Essex
further declined 70 81 y, out Rock Island stood
firm at 5AGlNt. Inc remainder Of the list
did not command attention.
There were no specially prominent character
istics, however, controlling the market beyond
I tue fict that investors were parting vi. h their
holdings IN the c!nl shares. .,.o
$50. Of which Delaware, Lackaw nus and west
ern repTs scented 6}.0l5; l. Ike shore, 2S,53J; New
Jersey Cs>,ra' Gl,S; Ere ~ lS@'5; M'ch's ea
Mesterr mon, 3t.p; Delaw re and HUDSON
| Canal. 4j2s. ST. Pau. 500 the preferred. 100;
! York Central, 2l5; Cleveland and Pittsburgh,
200; Atlantic ana Pacific. preferred, 40; North,
western, Ito; The preferred, lOO; Cnieago and
| Alton, 80; and Fort Wayne, 30
| The operations IN gold were on restricted
scale, but The iaei that some OF the prominent
| downward turn TO tine premium, which declined
from 10 to 1922, closing Ht the lower h9ures.
! Tue Secretary Of the Ifcasury has ca led Tor an
| add nal $l0.en.Ou 80 bonds, the interest on
wuich will cease Dec. L. About $7.0OO,OO0 are
lie following were lne principal Iransacuonsi
1853 1853 4 M H. iS a:s F MMiiSS $50 ai iSse
2. 4 cent. ana nat.
| The total cesrlngs at the Gold Exchange BANK wer
t24,QOO.OOO yold balances, tlhus557 ami currencl
balances, 81 nfdig7. The sub reasurY redeemed siO
IN ale bonds, aud psid out N coin interest on III
punhc lebt t3S 900.
The ia, business AZ the United states Sub freasur
was. Gold receipts $50 Oiu "a 40. payments, tl75
6l5.20 d.. baaAce. taovdop2l a currency receipt
t2pl sfs 80. DO. payments, tsiA3oooO, 10 balanct
$3..s.lSuO7S. Cuefuuls, tiN',oH.
The lnlprnAl revenue rtrclpis at Washington to.la
we're t2auuOu. the customs receipts t4iuOOo III
treasury Washing on received 81 OOJVOJ Ia nA1ioh-
/ b ink notes 4 r redemption, 49,
forelgn tSch.ngg oreusd Neak al further decllh
to 81 sly ami ttN5 Tor time aud demand drafts r.
spcctINcy just before the Close OF bu iuess "a
rates were advanced 70 a. 81 and t4b5>e' the marke
Money continued 20 he drug in loaning circles o
call win tree nriugs al Nv cent al which rate III
huA Of the negOtilons wcir Effected; but Just AT GA
. close. foe small uaanc.s,2 ceut, was Ahked. ID
couu : were quiet at 50 Tor prime names.
% The transactions iu GuNcrumeit bonds we're cha
aCtrrzfu hN good investment demand at ful price
and the market closed strong. Inc princinal tran
actions IN 1905. 1865, 10 ius, ami BE- II 1881.
4 iAc following we're the L. NJ closing prices.