The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-07-25
FINANCIAL AND COMMERCIAL.

MONDAY, July PAP. M.-The stock
speculation was chiefly conspicuous for the sue
cessful raids OF the bears upon New Jersey Gem
trail and Ohios. which broke 3A and ~ v cent
to 6s% and 1917 respectively, ana thus for time
dem oralized the few brokers who were In at
Tendance. good amount OF long stock In
these specialties was In this way brought upon
the market, accelerated also W a very liberal
supply OF stop" orders left by holders when
they went out of town on Saturday; but such
shares as Lake Shore, westero Union. Erie. the
Northwesterns, and Michigan Central were well
sustained, and did not appear TO enter into the
programme OF those operating for a decline.
Delaware. LackawaDna and Western sympa-
tbized to the extent Of y cent. in its drop to
lOus4, and the ST. Pauls were also :. and y lower
for the common aud preferred, because ~ the
auvantago taken OF tie heavy tone to further
press short contracts upon the market. Pactnc
Mail was weak curing the morning Ht 240es|'4,
but recovered subsequently to the early figures.
The temainder Of the list however. did not attIaot
attention. and the entire OPERATIONS OF the day
IN any stock we're not OF sum lent magnitude to
communal more than passing mention. he
market Tor several days has been practically
lett to take care Of itself. and fluctuations ether
up or Gown o. SOb3 cent. would conve, no
special Significance. The leaders, who import
To the Geaiings n positiveuess either wav are
out OF town, aud until their return there Will
not probably bs either boiduess or sufficient
Cal itai employed to galvanze the market into
more tnan Il semblance of life. there were,
however, some TRANSACTIONS IN the so-calied In.
Quincy selling at lli5s. Cleveland aud Pitts
bnrgn at co.. and Morris and Essex 0t
lUlJs, but New YORK Central. Harlem, Panama,
anu Chicago ana Alton were neglected. New
Jersey Central. ~ the late dealings. recovered to
90 ana Ohios raiiied to 1874. though eacn closed
:. he decline In New Jersey Central was stimu-
lated by feports that some Of the companies
comprising the coal combination had been dis
covered again " cheating tue pool, and that
breakup was imminent.
Tine total number of shares dealt In was ~. 99l !;
OF which l. Ne Shore represented 1850; New
York Central, 1865; Obics, 1880; Western
cru, 265J; Pacific NAIL 2,i0J; Michlg ~ Central,
$50; ALL aud Paclhc preferred. COO; North
Pacific, 30; PRODUCERS Consolidated Lana and
Petroleum Company, 800; Cleveland apd Pitts.
burgn. 3'i tlantc anu Paciuc Telegraph Com
pany, Jn Adams Express. los; American tx
press, 100: O., L. ana 1. G, lOO; c.. c., G. and l.,
10; lianliOAl and st. Joseph, los Morri, and
-. L.ui hansas City and Northern preferred,
lOJ; United ~ .tes ExDfess, luO; wells-FArRo
ENrres.s, lOo; ana Delaware aud Hudson
Tho gold market reflected a fir amount OF
business, and closed IN AT lll7., thOugu tenn
p"rIrN yielding To llih. The .dVicss from the
Continent ARE less Iacinc, ana the Probability Il
interference On the part Of Ausuia IN tue TURK
kets.
The following were the principal transactions.
1913 M...,.......liis lois 4. .......... .lllai
lVlJ A. A..........Ill4s SVO 4. M......,.....1lls.
In oans the rate. PAID Tor the use OF gold were
cen ahd nat ana for earryins and H. , cent.
tl2336Usoj goo balances s7s2i74 ang currency la
Gnc ., tStsds The sub Ire. redeemed $4,000 Ia
called noas, AID paid Out 10 CON interest lac pu-
lie deOt. s2O4.0U
The day UUsines AT the United States slh-rreasury
was, Gold receipts. t32luit IS. 10. payments t.l2.
!5o4e balance. IS, .sloss, oirren rec,ipts
tHo,l52to DO naymcAts, s531 1920, ~. bA.ancp,
k-J.ivi. eoAS. Customs, tSlb.WO.
Iut internal rcNCnde r,Ce pie at Washington today
were t5oi,wp ano tnr custom receipts, 100000 Tue
treasury a. M.sls.on received tlooo,o,o ~ national
baln n.tcs Tor redeIploI. Tue ouiAJu IA the BANK
Of Enk land Was Increased 4lUo 90.
foteign exchange quota we're reduced 10 r. ssh,
anu t44N5r Tor Nmt ana utuang bilis resp ctlv,
Win fu tn,r conccsn s OF y ceut actual lie. Ia
lions, bn. M tnese neures tne market rule nrm.
IL H. 'Aey. nothing new ~ ~. pir d. CAN Loans were
orally ,ferrd AT ceut 10 the stocs brokers nj
Dc'ond the requirements OF borrowers. Disc UNITS
Ia gtl nj Set1 tur prime signatures.
lht early n,avintss OF gVid causci less nctvtty in
GuNtfnMent boLus out NAed the Price lied Ia the
former a nrncr tore noted. II addi. ion o. TINS
tie fact t.t the early hot u-iug uut ANY i'm.
portAnt on rings mduceu buycu To tntir limits
Anu lev tIausaeti LIS IA coup u 1895 rev,
cvIued hi lless - Aso ot coupon 1857 10, aud
currcAcy q al l-dis anu l2dia