The sun. [volume] (New York [N.Y.]) 1833-1916, 1876-09-29
FINANCIAL AND COMMERCIAL.

THURSDAY, Sept. 2s-P. M.--The opera
lions at the Stock Exchange reflected a COM
paratively large business with Delaware, Lacka-
wanna and Western, Like Shore, the Moth
westerns, New Jersey Central and the ~. Pauls
as the principal feature. Prices were irregular in
the opening, but In the main strong; as Lake
Shore advanced from 52h to 80. with u later up
ward movement TO 533., and closing price at
49,, seller O. Western Union was at the same
time Z better at 70is and Delaware. Lacka-
wanna and Western, after quickly dropping
from AK to 20, seller 10, rose to 7iX. New Jer-
sey Central also rallied from 2jH to 26H. aud
Michigan Central, on limited business, ad-
vanced from iO5. to Az. Pacific Mail, mean
while, ranged at %sd22X, seller 3ed23h, and
New York Central gained !. q cent. from
1917. seller 3. to TH. The above improve
ment served to change the current Of
speculation to the bull side OF the account,
while the advance In the Northwestern shares
Of y cent. 10 IS and 10 for the common and
preferred respectively, indicated that the
holders % these stocks had been drawing the
bears INTO net, which the next few days will
more fully solve. Tue st. Paul stocks wero
fairy maintaued until after midday. but they
lost the ir support In the afternoon when Della
ware, Lackawanna and Western was so freely
sold by Investors on positive Information that
the usual quarterly divide nd would be passed at
the directors meeting on Friday. THIS fancy
went quickly down from IA to NJ. seller 10.
on knowiedRc VI this fact. aud closed Al ~.
The other shares were also more or less affected ;
Delaware and Hudson yielding to G5k. Western
Union returning to ~. the opening figure, St.
Paul preferred dropping from Coz to 5si4. and
the common from 29sG to %, though the sharp
decline IN the latter was accelerated ov the bear
manipulation set Ia motion several days ago.
The day hus been one IN which both bulls and
pears on particular stocks could md encourage
ment the 81. Pauls and tue Coal shares, with
the exception Of New Jersey Central. having
been weak, while the shorts in Lake Shore,
Michigan Central, and N orth westerns went home
uncomfortable.
The total number Of shares dealt In was I52 49,
OF which Delaware, Lackawanna md Western
represented f2.H1; Lake Shore, 2S,G)s; New Jer-
sey Central 1860; Northwestern. 1850; the pre-
fefred, lD3O: St Paul. 7trj the pre eIred. 1850 (;
Michigan Central. 300; New York Central. 1893 (;
Western Union, $500; Wabash. l.e2j; Pacific
Mail 1880 Ohius. loo; Erie, LlO0 Rock Island
$50 Hannibal ana ~ 10. pref. 800; Morris and
Essex, 3OO; New Jersey southern. 10: Harlem
mo- Aeri ao Express ISS' ~ L. and ~ Co
Alton, loo; Illinois Central, 100; panama, 100 (;
Union P.cinc,: 100; Cleveland and Pittsburgh,
The condition OF the gold market was strongly
suggestive OF an advance In price. Cash gold
has become scarce. and the chief occupation II
the brokers to-day was borrowing to m Ike their
deliveries ana as high as = cent, was paid for its
use. The a rival Of gold from Europe Will not
relieve the local market. rs II has gone into the
Assay ONCE, whence II will be Transferred to
the touches OF the Mennonite omigrAnts. and
carried with them 10 the West. he opening
sale Of the day was at lV97., but all subsequent
transactions were nc 10
10 a. M......io9,. ll;3e \. M..1ln 3P no
~ Ia oshs nc rates vad i9t ae Use VI soi s,,e IL :,
re 3. 3is, = cent, and Hut
col .e 'oiai cesrin-- 90 hc cold Exchange Banf wcr"
sHj4iNuWf guif uaAilcr-, SI.u7O.aIc. auI currency
haiHnter 81 sBt3Oq mo SUB Treasury paid ON m .1in
interest On &c" puzzle ucnt so7u-n.
lut Jay lGriut itr luteu states Sub Irt sury
wac Colo receipts. si1i.1Gb4i d.. Payments, tle5.
Jt.s 90 Uaaucc, sor ~. l.spSs-. 1uf.rcj Itccpts,
~ ~ DO. v4eut., s'a,.5,3l 40. BALM, e.,
"a st'fli 90. th-tom-. tft1OOl.
Inc internal revenue receipts Were st0nrO0 and the
customs receipts Sh"inHH Tue Treisurr M.suina-
~ received tloh,r" la national nanA notes Tor re-
dtini non &c fitce in tnc HaAA "a ttA.,, t,as lu-
g. Aftu d,oot 400 llanga uf tAt past see. lnc l.
lNu 80 thc lt.us oi EnglsDd Vas ,4ea-la $4,000
.situS one past w. X.
trisn eNc'ange has be"u subjected 70 no material
N1ilt.un IN thc rates prNluu-4N uUYfHr, LIIui4ilv
Stfj i.r pue b"nke.s sAy days us, aDd a ~ TOR
rlurt tlg4t.
THE MONEY market ms ulGorson. 10 % sieve CHANGE
~ cnnuiltun. aiihoGs. iir tsfcs u.t sa.ue Lifle .
lauSius ruW To 20 "'
Discounts ar. quotgl at Z. 80 tor rrs'.c'1ss Names
hu-h tss IN TIC government bona urp"".ii"'s f.u
riorN tNchtge has riaised mo nu 100 after tue
Mut'rf tc uctNhy ~ fttiai. tou.u % 81 -olI
ai ll. ~ ~ ',lt t les, ~ f-rrf . 49, .
6 .p1n .s-. liza - r. lrfld .l coupon % II.
lltf- tul re-lstUrc A. = cents, M
IHe i9huWlns were inc . A. ". closius guuiauors: