The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-11-22
FINANCIAL AND COMMERCIAL
WEDNESDAY. Nov. 2I-p. M-Tbere u

WEDNESDAY. Nov. 21-P. M.-There was
decidedly more positive tone and feeling i'm
parted 10 the early transactions at the Stock
Exchange. because OF tho action Of the Senate
Finance Committee In confirming, with the ex-
ccption OF few conservative amendments tho
Bland Silver bill of the lower House. The stock
market. on prospect II initiation OF the curren-
cy, started of buoyant, and was again success
fully manipulated under the leadership of Lake
Shore which advanced from 81 g ut the opening
10 Gsis during the early call Of stocks. The
Western shares were also stimulated to rise
OF hcpH y cent. based chiefly. however upon
expected dividends; but the general list re-
sponded to the upward movement with moro
speculative enterprise developed than had been
observed for several weeks. During the day.
however. there were liberal rcalizations by local
operators. which occasioncd partial halt in the
advance; but soon afterward on Washington
ndvic"s that the President would veto any bill
which did not except the public debt from its
operations. the market took u sudden DOWN
ward turn Of s. TO II e cent. Though there
was n recovery Of 'sGg's mt the close. Lake Shore
which had risen from ca, to 6sS rs already
noted. broke Ia GA the 81. Puuls dropping (
and l., to 35's and 70S for the common and
preferred respectively; Northwestcrns selling
down =. New York Central =: Michigan Cen
| 7 >
Western Union. = 10 1s's and Rock Island. Is
from lOlS To- lOOaa.
The coal shares were exceptionally weak
throughout the morning, with the principal
transactions in Delaware Lnrkawpnna and
Western. which declined from 5Ol. to 5ni. ; and
In the later dealings when tine STAMPEDE in the
general list took plare this sto.k broke rneily
10 49,. nj which 4 closed. Danwnre md Hud-
son. on limited transactions. broke g. y cent.
lower at 75 The HANNIBAL and st. Jos@ph
shares We're; however. well sustained but Erie
declined - ~ cent 10 10; the transactions in
tho other shares having been unimporisnt
The total number OF shares dealt in was
i52gl5; q which Lake Shore represented
5000; Del1ware Iackawannh and Western.
2a.92O; ST.. Paul. 2O.3l2: DO. prefrrrcd ii .925:
Western Union. l3.41; Northwestern. 1860;
2gi0; Hannibal and 81. JOsnph. 125: do. pre-
ferrad 27W; illin2s Csnlrql l.I9sO; New York
Delaware and Hudson Canal. .2il Norris and
a hsI"f En- M'c,ia22 NC Cep'ra 60 Ssyela an
Now Jersey Central. Si3. American Express
40: ChiceGo. burlington AMI Ouin'y 100; c.
c.. G. and l. $40; Chicago and Atom. i00i Mari.
10: Pa ic MAIL i",; AID I Unon ' Pan 'fr G
=, TN" gold market suddenly became active over
finanee Committee. ALLUDED To- elsewhere. AMI
the price STEADILY advanced from lu23. 20 1872,
the transaciions having been "liara .trrzel 10y
unusupl excitement In the l't, dealings. how
ever iher" WIS p r"ation T. lO3 consequent
upon the reported views Of the President be-
The iolio~in. We're The principal quotations.
i I9s,Nn Ish iqa7HM les s,. IIoos'.
1888 M iU1 i2liP.M io9s sOOP N....io5
In Tan ns ras. paa fer having balances carried
The total cisaunrs a. te told Department NJ the stock
Exchange wcr SIS ip9 40 znd balances ~ 500 and
currency balance. s2tN.stt
The dt'- business tic United States Sub
Wa 'iold rec.iuts s4aioa73 rs gold pnsment- ssss
80 ~ ~d balance. g." ,is2 tg,f2 urrrncy rrcciuts
$3.50 - cnrr,MH payments. sits,tis % currency
balance. ~.tAVl 40 81 Customs. sfIlWr Pour hun
ard thou;sri dollars cancelled I'D ceruhcars sent To
1ho inicruai revenue receipts ~ Washington to-day
were s23itFb, and the customs ips $500 The
Treasury also received sNNuiu NATIONAL lniK notes
fer r"dcupunn The Treasury balance tho close at
business an Washington We're currency. Slauaus.
fnf coin. slHltsprri loss $500 stcUn rcruncntes
The Hank England gained ttt.bo ON htlapr- to-day
Foreign exchange rled quit but irn ut - aud ~ -
for time ana demand drums respectively. cone.s.
siun- OF Af'ac. IN actual business.
Ia She n fN market DI loans pledge NJ Acce ptahe
st collateral ranged during Me earl, part Of business
a. ts@a r. cont. bat AZ N" cos advanced to first
oa> mercantile acceptances were bought IN open
Atheh1is
governments bonds were nrm in Response higher
gold aud better quotations from london There were
lang uAns4, tons IN eou on 1857 At i. rcg.iered rs
Of 1881 At l'sAs Registered lSSs new. 1857; of
1881 At lu', and registered coupon A. q cents At
lnitl and NY respectively.
Inc following. the 3 4. VI. closing