The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-09-28
FINANCIAL AND COMMERCIAL.

THURSDAY, Sept. 27-P. M.-Thc weakness
OF the coal stocks and the heavy transactions In
Delaware, Lackawanna and Western constituted
the chief features OF the speculation nj the Stock
Exchange. The above stock. after opening at
Az. advanced TO is't. hut subsequently broke
to 49,. on announcement that the L.high and
Wikesbarre Company had reduced it, tariff Of
prices 49, 0c. z ton below those current for
the Reading road. 4 resumption OF business
at the Wilkesbarro mines ON Monday next fur
thcr weakened tho views Of holders a. coal
shares generally. So that. under pressure OF
offerings. Delaware and Hudson declined 81 z
cent. to 404 while Morris and Essex at the
same time sold down also ga from - a to7lt.,
having opened ut "a. The depression in these
shares exertcd an unfavorahlc influence upon
the remainder ot the list, which WIS cunspifU-
gus at ne see2nd board, wl"n Lake iShore
from ~ 90 7sh. though both stocks rallied in
the later tran sactigns '.W e E cent. Northwest
ern preferred was prominent feature Of The
afternoon dealings mud took IN upward turn II
J e cont. 70 Ni's, with final sal"s AT the hishr~i
figures Of the day. Michigan Central was nlso
strong at an alyanre 10 ST., ana TIC r1al So l.
rgcoyr"d sfl "a 2 cent. from the lowest points.
My My fo9rk c Yral TT2s D. r cent lower lnl.
icg5ei AMI W@Gasi iirm .'" anu ''' 'o''', p'''
The market closed irregular. hut with better
feeling because Of the strength of Northwestern.
VI ssrs. Il. Kennedy X Coz who suspended
S9mr months nEo' were readmirei To the Stock
The t"t.l uumbgr Of shares deal, in was 17G-
2s7. of which Delaware. I.ackawanua and
Western rrprr rcntrd 7u.9uO. nike Shore 92-
300; Delaware and Hudson Canal. II anl:
Morris and Eseey. iio5o: ST. Paul, .l0oo;
gan Crniral. 3G2a' lllHois CoMrl. .l15o;
NY lQrk t,nira. ,2!5O; NV jersey
iHciilc Mai, 800; ST. Louis. Kansas City and
Northern. 500; do. preferred. 100: Hannibal
aud ST. Joseph pr"irrred. 300; Atlantic and
Pacific Telegraph POO Rock leland. 300; Qui IL
300; Uniied states Express liC. Fort Wayne.
Us; and G.. II. and Quincy. 10.
me gold market continued dun and heavy. no
n further decline TO lO3. at whi.h figures ti'
riie rcio"iu. Icrc the principal quotations
'i,@s7f i"%aF' i55frMN i@s,''l5SFFS "@l
In loans Che rate paid fo. the Use Of sold were ll's
1nr iorsIccarine. ,t'hc cola Department, te Stock
r,rr ca,' His s,e., I"'s H.
a. ,m'A IN g"i,l 'si, "d pad o"t ga ,o'nlH
The day' business a W. United s'a'cs sub rca.nr,
wa COL receipts. s4tc"fN o. gold pavrnrni. So
a.. ~ ' nH , s,,-i"Sl' 81 rurrrm t..i
balance, sii,snpil.'d. Customs. fsiofni
, w, . itd, nay rri'ue n rtr's AT Washington e A.
Treasury also received g. 40 m national nnl rt,.
Was. d.'r' l>ed tlia."o duuus u, ra.t w,cN I.'
buh "' France sa'ed -uO1vD frames durn, thc same
f,'Di-n cNchanec was quiet hnt hoovvu - s1,sis7
.r linr am demand 10 .i-, WltA more di.ioslnon io
In Ne money market thcrc was a hettar .iapiv eff
"li"' nhl> "n cal AZ 'sfts o cent. with anal n,.
Ma.~,, "' = MT l'ss mgranue rlcr iu open market
rNcrumout ifrl, were hon,, IN rc.tou,, ~ i,vor
action, however were large, chiefly IN isd7s G oi le-