The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-05-16
FINlNcIiE IND CoMuERcIfL.

TUESDAY, May 1j-P. M.-The operations
at the Stock Exchange. though developing
generally nrm tone ut the opening Of business.
were soon checked by the Carnival festivities.
which diverted the attention Of spectators.
Tho contest for tho control OF the Michigan
Central election was the prominent feature Of
the day. however. and the fact that the differ
ence between cash and regular transactions in
this specially ranged from }.al9. y cent, occa-
stoned considerable confusion and uncer-
tanty in the remainder of the list. which
resulted in unsettlng the general market
This stock hurtuatcd widely. having rapid
ly declined before the first call from
4jA TO 43t regular way. after which It
ranged nj Az regular nnd a. cnsh. and sub
sequ"utly ran down % 4la ia the final deal
ings-hecause the books closed AZ ~ T. NJ
IN" other shares sympathized with the sudden
turn in this stock. which sold at 4G Yesterday
and the decline IN the leading, ,specatiT may
although lightly dealt IN. dropped 10 Gsh (;
Lake Shore y cent. e. So Delaware. Lacka.
a, ~ New York Central, l.. TO J2S. Rock
Island. ). TO 92h; Pacific Mail, 10 20;
Illinois Central. i. To 81; s.. Paul. ,to1s'i;
preferred = e. 49,. During the morning Del
aware and Hudson lumped ga cent
s. and Morrs r sad Esq SEX W %h 1s 'T ro.s
- cont 10 ~. yielded aenn AT the
close TO 6s',, which was also tn opening
~ but the RENAL of the list presented no
features worthy Of special comment
\ Correspondence between William II Van
dorbt and yermily,s a Co.. Russell sage, Chase,
Atkins, y, =, Mossah, IL; \; smith. and
was made public to-day. in which the former
states thai such proxies as are sen; 10 him will
be used In such manner as according to his
judgment. VIII best promote the interests Of the
Tie total number Of shares dealt in was 1884,
9Ss. II which Delaware, Laeknwanna and West
NhIsSn Cd nn i572s NV Yrk cehi ng
1850; Deawarc and Hudson Canal. 1880;
Kpfk Island. 1900: Northwsst"rn rr@f.rrr,l'
lu5J: Ohios. l.5uu; Pacific Mail 900. Illinois
s. Louis. Kansas city and y, 100. 10. pr.
ierred, 300 American Coal 400: Atlantic and
Pacific Telegraph COMPANY, $40; Chicago. Bur-
lingipn and quincy. 3ng CleNeand and Pitts
nnrgh, zoos Erie. 300; Hhnnibal and 81. Joseph,
2pN: 90 preferred, 200; New. jersey Central.
The gold market. though duh. assumed a
frmer tone. and the price temporarily advanced
from lo7 To 1914, though closing at the early
The specie shipments to-day were over $3.50.
600, and 100000 gold coin has been engaged
fhc following were the principal transactions.
ii 10 g N. i iol s5Si ..i IL
In loan. The rate. paid fo- ne w. cfsol were and
Pm, o ..i i,, snd .r f ,s ,
were 8 '''iYo scld balances g.'e6! and currency
esis'Sss si9;s.t ias ,, n, ig,in
tle ruilic debt sN.isr
The LAYS business At the intel states Sub Treasury
God receipts. s1t7 SIS 81 COLT PAYMENTS g.
81 ~ eoi balance s7-5i -is ~ currency receipts
iasn'tc 50 oS.c 81 V Ga.s"m. currency
III, internal revenue receipts al Washington to-day
were s-slru AMI thV customs receipts sa-ufsr Tie
Treasury also received s7t - IN national bank
for redemption
Foreign .Ihsnge ruled hrmer at sis7,, aud - ~ tor
time snd demand drafts
There abundance ~ loalahle funds o'frre' N
cai % rs .tockhrokcf' At 2ssh emit ana nrstcla,s
mercantile acceptance passed Al ~ -
ttoNtiuuc nj luIls NOrs sha4r Ni.her. w'h coupon
'iI. hdvancius e. lli, Hni cNA4 ~ ISL So llt
k .isierei and coupon = 20 is~l ,.li 81 iil7.
IAa iul.- ALIls MarN tln 8 u n NlAslu. lIl....