The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-03-06
FINANCIAL AND COMnERCTfL.

WALL STREET. March 5-P. M.-The OPP
cratons at the Stock Exchange TODAY did not
reflect any special feature. The aggregate of
business. outside of a few spccialties. was small
only 1860 shares being recorded. The street
operators seemed 10 be dazed at the boldness of
the grand combination which has resulted in
the practical consolidation Of the interests of
the three great corporations Union Pacific.
Rock Island and Northwestern. together with
a possible absorption Of other lines connecting
Chicago with New York, and all hesitate to en-
bark on an unknown sen. Few can estimate
the possibilities which may arise from the
1t comprises some Of the best specu-
lative element OF the Atlantic and Pa
cinc coast and probably there has not
been Tor seven years 80 perfect an orghnlAt-
tion. combining 50 much wealth. talrni. and
energy Having met with such marked sue
cess. they are cmhOldcncd 10 undertake any en-
terpriso which promises rich cleaning. Ro,k
Island and Northwestern fell into their hands.
after persistent Efforts for self preservation.
without an apparent struggc. Canada south
ern or Lake ShOr" Will offer little resistance.
and Erie which will complete the line. Is al.
ready waiting for something to turn up. and
will probably fall like ripe fruit
In TINS connection We notice that the chiof
manascrs are intent upon bringing Western
Union 10 grmi. through the OPERATIONS q the
put ont their selier SIXTIES with great freedom,
with tn conviction that the hitherto almost i'm
! lrNEuuhln corporation VIII become weak
cncd 10y NE persistent attacks upon It's business
rs 70 yield is prestige Ia It's weaker rival
.,Chicae9 burlington and Quincy succumhod
y cent. LAX" shore staggered under the pres
| sure. but closed NJ . advance, and New York
Central maintained its position with Il fraction
Pacific Mail dropped to 2lN, on the loss Of
! subsidy hut nftorward recovered to 20. drrline
Of ! e rtnt from the opening. prices; Chicago
| and Northwestern. IA we'll Hs Rock Island. wcro
| subject 10 lttle iluctuution.
Tho total number of shares lonlt in to-day WIS
| ..I A.a.f. Va.
q Ma: Lake snorr. 2G 100. racln Mail ~
500 Michigan Central 5.sl9i NV YORK Con-
I@ckawanna and Western. $50; n,awlrc,
md Hudson Canal, 1853; Rock Island 4,465
ana Quincy. ,2Si; Union Pa.inc. 2i2o; Allan
tie and Pacific Telegraph Co.. so; lllnol,
SM a,ii. &c. coo t s. TINT w S5 IN g s55
FF Sr w"y p 2i5 'n" anaa 9 alni s. ossipS
ard pnG' K'a - ioG f'' and e. 100: n T.
r. lo5; Pacific Of NJ ssouri. 100; Qurksihor.
Ioo Wabash, ~; Cleveland and Pusbursh.
! 10: and p'nn9ylvaniA Coal. 30.
The gold market oprned a.tiye and excited.
and was advanced t. 100. chiefly in ronsogucnr'
! figures there were considerable realiNuious
| which caused reaction, closing, however
TIE following the principal transaction.
iS%1l 1879 ii9S :s, y @ at. aSTSFF Y i"i'
IL loan. the rates pail for having nn'anc. arri'd
! aud dat
The total cearinqs a; tho Go'i FNrhanio department
wee s--,.vu ", gold baanut -.Vl. l.- Hih tut' nov
lnrWrd hnts, uh lnd uut u'lu lntr' If 'n The rn'
! hc flrnf -lVtlssi
The day business NJ The United States Sub rrca-nrv
ri IS, sod balance sliit, tp,t. currency rc,upl-.
s,htl, 80. ruucnrN nnv"nis. " tf" N2 10 ourr,nt
| balance. tit-Il.-.ir lt .fItlNI-. ltN.asl
lnr buAon IA Nae narA OF Ens.'hd was deor,n+ d
. G~Na
Money was freely offered at 2i,lt3 p ccut ON p,dr M
hr-t ciH.s ,nlhiortl irlne CONAN, rcu paper was IA
request at fG,n Fcout
Fnwsur Nchln-c continued quiet bat arm A. 81 - and
81 49, ltUNtIii tul time dc iIt with uf
T i,uNrrnurni hnui mari 81 Niurd strong
% h-h,r gid and continued d'uand lu,rat.I,u
lI.a H., t,,, "a, tso.