The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-04-13

THURSDAY, April II p. VI. 49, The bear
combinations who were yesterday able to only
partially check the downward tendency Of the
stock speculation y coming TO the rescue of the
market. met with better success to-day. and by
large purchases OF Western L Mon, Rock Island
Michigan Central. and Lake Shore, stayed fur
Their development OF the panic and brought
about rally of 192 e cent after the first flush
Of fcversh excitement had passed. The chief
support. aside from Western Union and Lake
shore. viii h were, q. 90 recognized leaders Of the
day. was extended e. Rock Island. which was
however. offered in such liberal amounts that
it barely sustained tho opening figures at the
close. having in the interim sold ~ low a. So.
and as high as ". The large purchases Of this
stock were accrclu 81 to the California element
"a III" market winc oiher leading operators
heretofore ON the bear sid" sustained a. well A.
they were able. the remainder OF the list. At the
opening OF business the coal stocks were for "A
thc thrown overheard with perfect abandon.
Delaware. ~ 'kawanna and Western dropping
from 80 L. 81 q, accompanied 10y "A break u 3 q
cont 10 40 in Delaware and Hudson. These
shares were. however. soon strengthened which
resulted in +" 'oNery AMI ~ res lective-
". though they subsequently reacted sd2a
Z cont hut sufiened at the close. Michigan
central more easily yielded To- the manipulatlons
rapidly from 81 Ia 3d.. with a Subsequent
J2 80 IN the ma dealings. The ~. Paul
shares, however. suffered severely AT the same
Tune, thc common selling down cent. To IL,
stocks joined in tho later Improvement OF tho
market. Western Union advanced 10 So. and
Lake Shore 10 ~ while Morris and EsseN.
which broke yesterday 10 -. recovered this
morning To- Is, aud closed nj Is. Atlantic and
rallied r rcni hat Pacific Mail declined =,
cent. a. IA. though final sales were recorded
at III. The Northwestern broke 2and Z. cent
fer the common aud preferred r"spc lively hut
there was subsequently "A recovery of . 10 l7's
AMI cont TO- i39na restricted volume Of
attention was New York Central which ranged
Thetial nunib,r d share. dealt in amounted
I'm r,Ir scented i9u3j Western onion. A. $40
Rock Island, 1000? Lake Shore. $3.50; Mioh-
frrrrd. lA.~nD; Delaware and Huns N Canal
l2AsO Pacific Mail, 300, New lore Central.
7i3O. Northwestern, $500. do. preferred l. i3l;
Morris and Essex, 4iu. Atlantic and Pacific
Telegraph COMPANY. LOO; limos Central.
ls2no; Ohios and New Jersey Central, ouch LOO;
c3j. United states Express. $50; Hannibal and
- Joseph. 400; do. prgi.rred goo; Fri" AMI
LNpres-. 2Q Chicago, burlington and Ouin.y,
apd Wabash, Zach loo; Xmcriican ESiI,ress. iS5 Is
Alton, 10 at go. New York and New Haven IL
g lol e and AllMny and snsquehanna and
The god market opened tcvcrish at 100, Int
soon sold down % lo5A on rrali2ntons of the
recent "dyan,o. though -uh,ssrlu"nily "a" shorts
Nanrd the ~ "io lubh, alter which II reacted,
lie following n,rt the priucit al transactions
Is Is Il iSS;$: 'i55s IL: ~. 3F$$TF 81 H.
In loan. q ral'psa forhauns oalan,e,eaiil,d were
Ths total clearing, at tho aol rS,hansc Dcrar,
mrnt Nss ss' tg'n'.'' ~ Ia, an EUR
s,-s'si .f., LIQUIDS, ana ad out ~ e..n interest on
me tay., hi'ness at tho rnae state, san Treasury
wns Cold receipts sr..t,la 80 sold pa, mruis $50