The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-09-25
FINANCIAL AND COMMERCIAL.

MONDAY, Sept. PAP. M.-Thc operations
at the Stock Exchange further developed free
selling movement among the smaller specula-
tors whilo the so-caled leading magnatcs OF
the street expressed confidence in the future OF
values. There was no apparent attempt how
ever, to stem the downward current. and quito
an important short interest has been created
during the past few days. Lake Shore. Western
Union. Delaware. Lackavanna and Western.
Michigan Central. st. Paus. New York Central.
and the Northwesterns were the most active
spccialities. at n decline ranging from y to 2 v
cent. the extreme having boon noted In Della
ware. Lackawanna and Western, which broke
from 51}s TO 49H. and Delaware and Hudson,
which also yielded from As ~ 4G. Lake Shore
was IL cont lower Mt 63i.@G1s Western
Union. IL at 7s@761; New York Central also
IL at 101 h@99I; Illinois Central. Il. at TOO
GS%. and Michigan Central 2. Mt GO7S@5s,..
Northwestern common and c.. c., c.. and !. de-
cined = cent Rock island and Pacific Mail.
each. u 4; Quicksilver. IL. and Morris and Is
sex, IL. st. Paul. preferred. however. and st.
Louis. Kansas City. and Northern. were strong
throughout the day.
Just before the close OF business there was
slight recovery from tho lowest points cstab-
lished. but tho market reflected Il fcvcrish and
unsettled tone. with considerable irregularity
III ihr ilnnl TRANSACTIONS.
Tho total number OF shares dealt in amount.
ed 70 235, Il3. Of which Lake Shore represented
$1,000; Western, Union. 42,i4o: delaware.
Central. 2i.2OO; St Paul. 1880: do. preferred,
l5Ol5; o NV York Central. LOST Northwest
Morris and EssaS, $500 radiac Mail 800;
Delaware and Hudson. 1865; Illinois Central.
jar 95 st. Loqs k"ns nno C,iy and N2r'hs,n:
Hannibal and St Joseph. 400; do. preferred.
LOO; Ohios, 300 DO. yreierred. 300; Wabash.
and Quincy, Kansas Pacific, aud Quicksilver
common and preferred, each 300; G., c. and !.
1t lO2 Union Pacific. and Wells .Firgo. each
100; New York and New Haven. 1875 f. Wayne,
50. Cleveland and Pittsburgh, 20 at 81 = ; and
Harlem. 10 ut AZ.
The gold market assumed frmcr tone. and
the price advanced tu 1914. closing at these
figures There was considerable covering Of
the short interest and also more disposition to
purchus" among the local dealers.
HE following were uie principal quotations;
1000 NJ. 1851 us =. M..io3'a 800 I. NJ. io3N
in loans the rates paid o9 having balances carried were
The total ciearngs AZ the Gold Departmental the Stock
Exchange were si-.42.vn gold balances. sr30"gi and
deemed ~ cnl.d m. aud paid out ia coin in
The dai business at NE United states suhrreasury
49, cog reyrili' slsln d,e - sod PAYMENTS. s.a
sd-. ole ~ currency pnym,i,,. a56 Ig eurrrney
balance. st4.31p. 1872 "a. Customs. si52V,
were sG5OlsJi ami lie custom recent, s,ioun RE
Treasury also received tGioUn In national bank notes
decreased llj'rj
for,i-n exchange dun but steady at si-a, aud
- - Tor time and demand drafts. respectively with con.
The money mirkc ruled more a, i've with call oans on
rledre ul approved stock collateral 5s7 + cent the
rual negotiations hHNiue been effected nt Tirstcass
CONNIE fcisl acccpt.ncrs wen, quoted also at oo7
Of 90 cent Tile demand from outottowm investors
was nnfhcd, especially for the q cents
Tie following wcf, the 8 4. NJ. closing prices: