The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-01-19

THURSDAY, Jan. 1S-P. M.-There was a
moderate speculation at tho Stock Exchange,
but such shares a. Western Union, Lake Shore,
and Michigan Central were we'll su tanned,
though the weakness OF the 81. Paul stocks,
which was specially noticeable In the afternoon,
impaired generally heavy tone to the rem ain
der Of the list, II we except New Jersey Central,
which recovered the early decline Of ~ b cent.
and closed at 44-the highest figures OF the
day. Western Union opened at 15a4, and quickly
advanced to 155.. but reacted during the morn
call to 75H. seller after which 1t recorded 157s,
buyer 3, and closed strong 1T 75A. In view OF
the f.ct that about 5000 shares If this special
" have been thrown upon the market during
the past few days-some ECO to 1900 OF which
have been carried for about two years by the
Soloyer California CONFERENCE.-The price has
been remarkably well sustained. and indicates
that u financially mure powerful Clique Is now
buy ing the stock than had been generally sup
posed.
There was considerable bearlsh talk about
Lake Shore, when the price yielded from 551s to
5i7s. but this sentiment was changed to more
confident tone. when the stock rallied to 5ja
moved up y y cent. from 49, to 40, ana al
Though aftefward selling at tSs.. was firm at
isA IN the final trade. Pacific Mail became
conspicuous feature OF the afternoon specula-
ton. and rose from "a, seller g. at the first board.
to 25h, at which latter figures the late dealings
Were established. The purchases were for the
account Of California OPERATORS. st. Paul pre-
ferred, under the influence of an active
throwing overheard Of stock by genuine
holders, declined from 40. to IS, and
the common also Welded from 49, to ~,
but rallied to Is In the lite transactions. Ine
drop was accelerated by reports IRON Milwau-
kee that the decrease in the receipts OF all grains
at that distributing centre. as compared vi h
bushels from Jan. to Jan ID. Delaware. Lack
awanna and Western fell from 1js, seller 3, to
~. out recovered to AN. and Illinois Central
WAS further depressed from beS To- 5Iia at he
close. Pacific OF MISSOURI sold down 10 IL !;
Hannibal aud ST. joseph TO- 2}s seller /; Rock
1913 Onlos. 61s1Ids aud New York Central At
l02A in small amounts, @lOeh. Delaware aud
m Under OF the lis. did nos attract attention.
| except Cleveland and Pittsourgh, which rose
| The increase in receipts OF all grains at Chi
| caeO from Jan. to Jan. l5-tweve business
| days amounted to 7OO.174 bushels, as comp red
| witn the corresponding period of last year,
| which will. In part. explain the great demand
| for TRANSPORTATION taciiities eastward.
Tho total nuuiuer OF shares dealt In was lOa G2
81 which Lake shore represented 2iO0; West
ern Union. 1900 ST. Paul y efelred. is.ioo;
New jersey Central, 6.5,5; Delaware, Lacka.
wanna aud Western: 400; IT. Paul. 5000; Hi
| LOO; Hannibal ana 81. Joseph. 5lO; Delawa re-
| ana Hudson Canal, 80; Cleveland and Pitts
ir. Sis Iacide Of Ms.surl, so; Unidn MP Pacific.
40; Lris. 40; Fort Wayne. leo; Morris and E.
Sex, g n j. N ns ana III IL Nsw Jessy
| Amerlcan Express, 10; and New Jersey Rail
| road, 30.
| The gold market opened weak. In consequence
| OF apron bic peaceful settlement Of the qucs-
ton u counting the electc raj vote. The early
husine-s was effected at 1862 and 1867, with a
sudden decline t. lo6a bus about midday the
| price recovered to 10y. though again wedding
and closing at 1862. on further Washington ID
vices .vorible 10 an agreement between the
| two Houses.
| lhcfono~ine were the principal transactions,
! 10 \. M...lo6'4 loli \. M..iO6t Ioo T.. VI. .lo6,s
10 \. luo' ll:Ju A. NJ. lOdAh 30, T.. NJ .ludat
lOaO A. NJ. .loos ls.2o +. NJ. 1908 800 p. M.1u0ia
In loans the RACES pad for having balances carried
we're ~ 5, ~, u, aud ia cent.
The tta Gle rings NJ tIe Gold Exchange Department
we're ta0S35,oVOi god lalauces. slI7u,vts aAa cur
r,ncy ua ances sl.255 $50. Tie suj-1reasuiy re-
seemed tlyduOo Ia CAFE homo, and paid Out IA COIN
| nj, rest on "a, pubic dt tlueOvo
The days business at the unlteI states sub Treasury
wa 1OId rcceuts. 100000 COLA payments to2s-
doiSs gold balance. adjIlo 222.55i currency re-
! curftn Dsiaucc $40 ~ l.7lipO customs s.g3tO1.
Tue hun on IN the btuA ui bug ami decreased 4A3-
AdluOO the specie IN tne Bans Of France mere .sri
.dluaopO francs during the week Ilc lmptrsl ban x
O. Germany also gained ls,453uoO MARKS durius the
same period. Toe imtrnAi revenue receipts AT Was
Ngtnu $500 uuN, and the customs receipts
ssgOp TIE Trea ury also rec iyeu tlOA0pO national
| banN notes for resumption. Toe treasury balances a.
| coin, tSi5OOVOu 80 f53 $4,000 com tcfIncAtr-.
Furcisn tbcuausc continued qutlt out cady AZ the
nominal quotations OF a. SLY ad "a Sai Tor anu
demand urais. with coAtessOns OF lsgAc. M actual
lie money market dccldcy easter for call loan.
to the dealers Il the stock Lxcn.ng The range during
offerings al 3ls. Prime mercantile aecepauces passed
Government bonds were n shade lower during tho
! morning, IN siiupaiM win Rold, nut the dec iue
/ brought n la ge number of investors. wIicn Az
m4rkcd tua prto- recovered 10 the best nsurcs OF
dl, and ciuscd strong
IA al..t NM fna 4