, 1877-05-22

~ tAs Ftstefn Assoetdsed fssse
NEW Tonx, May 2t.-Goll opened At 1004, Ad.
vAnecd 10 t0T. aud closed at 108Ks At which most
Of tho transactions Of tho aar took place. Rates
paid tot borrowing, aat /, 3, and per cent, with
per cent for carrying.
Governments woro Gtr1.
Railroad bonds werc strong.
State securities were steady.
Share speculation opened buoyhnt, With con-
timed upward movement in Yebtorn ehstcs.
Nu1thwestern advanced from e3H 10 IN for com.
mon. and from 40h to 50A for preferred; and ct.
pAui preferred from COX to htA: common sold At
20, and Nock Island At O:'Gs051s; tho rest OF tho
list dragged along slowly, however, and, Instead
Of participating in the drmncss Of Western shares,
sagscd oG New York Central from OK to OIA !;
Lake shore fram 5a:k to 521; Michigan Central
from 45AGe41 to II; and Western
Union from 90 to G2A. Coal ssocka
woro severely hnndlcd, Delaware. Laekawanna
4 Western droup!nc from 42A 10 41h, the .'ow-
cat price yet touched, while Delaware & tlndsnn
fell 1H--to AIN; Norris It Essex. tA-to G8. aThis
decline oceastoncd = check TO Wcetera shares. and
prices fell back :; to 1A. Toward midday tho
scene changed again, aud strong buying nova
mcut carried Hock Island up to Gs Northwestern
common to o4Y, preferred to b0S, and ST. raul
preferred to o1H. Tho rest Of the list recovered
tho carly decline, but displayed no particular ac.
tivty. In tho afternoon tho general list was weak
CT, but somewhat better at the closu. Delaware,
Lnckawanna l. Western advanced to n. and 70.
acted to 4aS. Delaware d Hudson advanced to
3Dlc, reacted to 3sai. Morris d Essex id.
yAnced 10 70, and closcd at GO. New YORK Gem
trsl fell on 10 OLA, and rallied 10 o1!i. Lake
shore fcll of 10 h.Hc. Northwestern common re-.
ssye,sd t59m 2s 10 Gsx and prstefre.' ftsm
feeoverea 70 5oA: Rock Island ri q ,o o3.:.
u3s;. and rac!tc Stall reached 22s. Michigan
advance In Western sharcs IN early dealings wns
based on belief that tbs crupe art looking better.
while snc arnness Of tho trunk lines va dre TO q
feetea. Tbs weakness Of the eoul stuck. was due
10 rumors sbuut tho snswcr Of PRESIDENT 1owan to
proposition vt tho Coal Conference, enc report
another thst It was conditional. Tho saadennosN
with which tic general market lost Its buoyancy
attractcd considerable attention. Tho dcpfcsalon
l. - DID si.o, pfooseiy. ! dlspe:itfoa smens
traders In tho to accept the profits Of the rsc
Transactions At tho STOCK ExcnAnsc aggregate
f.s: ss. & S snsa ~ sss ~. xa,k ss
liock Island, II, 900 g. Paul. II, 900 Delaware \
Lackawanna, D,b0o Delaware Hudson, y, zoo
Morris Essex. ~ ~, o0o Mleh!gan Central J.: !: 2oo M
II siac 39sSI MsiI ~ 600 Western en'n' aud 40 Pa'
The activity In PaeIae Matt Is probably owing to
movement to cut ne e Gfs.ens :. mana,gensnt
pynd mining from June is 50 July lb. with ths
s.eeotien e ~ l1oyt, Il The Pena,ylsan!a Som ~
declined to vote for IT.. Reading waa Represented
BY Ms. Keit. who voted for the resolution, subjec
| to the approval Of PRECEDENT Uowan:
Money 1h9e.s, e'os'ng att. Primo mefcaut''
Cu.tonis receipts, s13s, 600,
! This Assistant Treasurer dlsbaracd 3101, 900.
C1eartng., S23, 600, 600.
startling. fonH. tH7if: abort AM.