The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-10-13
fINANCIIL IND COMMERCIAL.

FRIDAY. oct. II Il. M.-Thc speculation
At the Stock Exchange started Off strong under
tn" lcadership of New York Central and West
ern Union. the former having further advanced
10 lOS'a in response 10 higher quotations in
London. while tho chief interest WAS centred
in the latter because oi active purchases Tor the
account Of powerful combination nj present
operating for n rise. The price of this stock
moved up steadily from - TO 81. though in the
afternoon dealings u reaction 10 - WAS est.b-
lshed, with later fluctuations between these
figures and S3'. buyer 3. The transactions in
Michigan Central attracted more than usual
attention bccaure Of the squeezing If promi-
ncnt shorts and under the influence Of
the manipulation this stock Sold NJ from
Ga to g.. Lake Shore adicd to the
strength II the general market u, III rally
to - IL against ~ earlier IN IN" day. Erie
rose also r. cent. To- II %. in sympathy with bet
ter prices in the London market but the North
westerns and st. pauls although roncrtine n
fair degree ui urnnr~s ia the early trhnsae-
| tons. became weak ~ ~" close. Rock Island
ranged al lu3t ga 1854 lu3AW luj' C., C.. &. n
l. advancing . = cent e. 49, and ,gulcsril-
were weaker NJ gag Nreyp; and The cOnl shares
| were also dcpri -scd and lowcr with dcclin" in
! Delaware. Ihsknwhnna ana western from 5O''
! tO Az and Delaware and Hudson from ~ To
/ A.. 81. Louis and san Frnncisro preferred
| further advanced t. 81, and linrl"n sold q r.
! to the announcement that wost bound freight
| rntr- would on Monday next hr advanced 49,
! r cent, and that further risr ~ ~ y cent. was
! probable soon inter- the clos" of navigation. Tho
! hulish frclin. however. was loss pronounced
/ to-day and the market presented II tired APP
/ prarhn'r.
The total number II shares dcnlt in amount
cd To- 22i u9Z. u which Western Union repre-
scented 40 300: Lake Shore. i5.OOl Erie. 96 $40 H.;
/ Delaware. larkawnnnn and Western. "a ,Suo ;
, Michigan Central, 1926; Northwestern. 5.S0u
forrrd 2 }iO New York Central, 5Al5; Ohios.
G2n0; Rock Island. 2,405; Wabash, 2luo,
QulrksilNrr 800; do. preferred, 2,luQ; G. Cu G.
aud l., 2uuu; Delaware aud Hudson. $50; Hi
mons Central ,257; Morris and EsscX 50; Pa
| cinr Mail. 635; -. Louis and san Frnncisro
! and Mariuosa, each iUl; g., &. and !. C., chi
I cngO. Burlington and Quincy, and Union IA
cic. cach 3uu; Harlem, 2uO; Hannibal and 81.
j lsolh. 100; DO. preferred, l25; American fX-
prof-rrei. Kansas Pacific New Jersey Central.
| nitrd States Express, md It. Louis, Kansas
CITY and Northern preferred, "ach ZOO Glove
land and Pittsburgh. -: Dubuque and Sioux
/ cay. 90; Panama % ~ 1870, ANA New ork and
New Haven, ~ n lJ4 ..
The gold market assumed firm tone. md
advanced from lo2 10 lil3h, hut Closing at 3.
The volume Of business however. was light.
Tue tllinwin. wrrr the nr,ncipAl quotations
io5,A II im soSr. if'. a'oi' ioi
In onn. the rates pnd tor having balances carried
RANGED fruu lai t''cnt ard nat
The total At the told Departmental the stock
Exchange were f.iriWn. gold balances, 81 .HVl'N
and currency balances Sl,+oot22 Inc sub Treasury
rcd, cmed s277 sn m called bonds ami pad cut IA com
,ui, rest an the putin, d,it SiunND
Tie day business at the United states SUB Treasury