The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-10-25
fINlAcLiL AsD COMMERCIAL


"WEDNESDAY, Oct. A-P. M.-Thcrc was
nothing OF special significance In the transac-
lions at the Stock Exchange and the dealings
were principally confined TO local professionals :
but the tone Of the market was decidedly strong
er. The chief interest OF the day centred in Lake
Shore. which developed the existence Of well
defined bull and bear combinations. and was I'm
part Explained by n report that less cordial
feeling has been recently manifested by the re-
naming large holders Of stocks toward their
conircres. who sold out during the past few
weeks. Tho tcnacity with which this stock was
sustained to-day. in view OF repeated attacks
was The subject Of comment In speculative cir
cles. and nm excited contest is probable. Open
ing Mt ca. there was steady advance
70 6S''. but i suddenly dropped 10 67A
though again be,coming strong. and clos
ing AZ GS',. Western Union assisted in
imparting II firm tone io the general market
and rose from 197s To- 81 2. though subsequently,
r"Wting 2 cont with final sales at slS. The
Nortlwesterns and St p.us responded to the
better s,ntimcnt. but St Paul preferred weak
cn"d 10 &, after ha,in NJ sold at GS', earlier in
the day New York Central on attrtnpt hv the
recently formed bull combination To- unload be-
came weak NJ a decline Of = 2 cent. b. lOft.
and Eric was, also !, lower at 49,. notvith-
standing purchases 10y a fresh element. New
Jers . southern astonishcd the street by sud
den activity and rise from ,, TO a. at which
final sales were recorded. The coal stocks
opened strong. and sharply al Nanced in antci-
patton OF better prices ~ the Delaware Iacka-
WHnhh ana western auction sal" Ot coal to-day
but ~ the range was about iOWi5'. = ton less
than previous rates. there was n sudden decline
IN Delaware. lackawanna and Western shares
from o2A to 81. with "a subsequent drop to 80.
Delaware and Hudson WIS l = cent lower from
ne same cnus.; and Morris and Essex dropped
from 76A 10 iis. Michigan Central was weak
At the close but quicksilver preferred advanced
during the day 20 q cent. to s.
The total numb.r ~ shares dealt in was lGl-
1li. OF which Lake Shore represented 10 400:
western Union, 3d.505 Dcaware. Lackawanna
ana Western 21.siQ; st. Paul. s925; do. pre-
icrred. .52gO' Norihwestcrn,, 800; do pre-
fierred, ,425 Delaware. and Hudson Canal. o.
90; ohios; 3.25O;, n Y Central 4.077: y. j.
500. do. preferred 1000: Rock Island i4i5:
{" 6. and 400: Morris and Essex. j24 81.
!. r. ana y" 600 de-. preforrrd. 100; Wa
bash 3l2; nion Pac.tlr ,3ln;C,. c. and g.. 300.
G.. y. and Qun y. l45. y. Y, y. II. and H.. loo:
y. j Central. loo. and Wells Flrgo ENpr. ~ 81
IL the gold market speculation Wa tame and
devoid OF any interesting feature. All Of the
transactions were AT 1921.
In lnans The rates nai Tor having balances carried
%.fr L. -. g scent. and HAT, aud Tor carrying
III, s'sssg -, a,he Gold nepartmcnto ihe stock
ant CURRENCY balances slp7..H The sui Treasury r..
n,.,a -, 10 S, al!'s Lends and pad ou ,n coin ia.
The DAYS husness At the United states Treasury
SOS no go currency ravmruts s.,a po- "A ,tr,.i,
halan.c. sl1-ttoal6i Customs sic- 90 siittrn
,acti,t com certificates sent TO the Treasurer Of tie
rho i.trna revenue receipt. ~ wa.hington dn,
Treasury also received s7isipsl IN taon-I hama moi
Tor lrmrun lhp hulhonin the BANK OF England wa,
tor4ncs ulusc ruled lull hut drn AZ M, nominal
1nnia'ns - II AMI - - foe anne nud ionana irai-
Nnnc, was literally offered ON ,ali TIC. p cent. and
prime mercantile pn-s'd AZ Ni
uo',rnnn ut uor. w,ie STEADY. nat the voum, ~ nu,i
new ami is Of i~'ti rcprcsut The ,hicf trli,aru'n-
lIt following Nero tle J. NJ llns4lts lrcts