The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-07-17
FINANCIAL .fND COMMERCIAL.

MONDAY. July 1G-P. M-The spccula-
ton at the Stock Exchange opened strong. and
prices advanced ga a e cent. in some of tho
leading specialtics; hut there was soon de-
vclopcd a liberal selling movement accom-
panied by unexpected weakness. Lake shore.
which had rallied from j0A, seller 3. To- 81. after
ward took downward turn. Ia i9'. and Western
Union. which had risen from G2 a To 90 81. yielded
to Gll at the close. Delaware. Lnckawanna
and Western dropped % = cont. TO 39's seller
3, aud st. Paul preferred was Ia "a cent. lower.
at 81. tn" common selling down from % ID Ia -.
and NeW York Central from Of to % s. The
transactions III Morris and Essex We're les i'm
purtnnt hut de lin" Of - cent. To- 81. WIS
establlshed and Delaware and Hudson broke
from 80 To- 30 =. Nprthw' stern ranged at 22Dp
Mind VI nFrrGIu y S w, 9o': s,rnn. i, a
and Pacific Mail at 20, ga 20. seller g. m2ui ..n
2ds, Michigan Central sold at AZ ga ~ A@-l "a.
dealings in the other sliSros were unimportnnt
and there were not during The day any move
mcnts 10y the combinations which reflected amy
special significance. except the dcclin" in the
final dealings. based upon reports OF bank fail
The total number Of shares deal, in to-day
amounted tu li7.OuO: Of which Lake Shore rep
resented 3l.sus; Delaware Lackawanna and
Paul. 2.GjO. do. preferred. 1920: New York
Central. 75lj Morris and Essex. o2OO; Mt.hi-
gan Crnira' ,3,3pl: il"lnwar" anu Hudson. 3loO;
preferred 500 Pacin' Mail 1900: Erie. l.jn0
New Jersey Central. $40. Hannibal and 81 JO-
srph preferred. 400; Wabash. St Louis. Kansas
Ciiy and Northern preferred. Atnnii" end Pa
ciilr Telegraph. and American Express each
500: Cleveland and Pii-hureh 3lJ. st. Louis
and Iron Mountain. 21u. Ohio preferred. United
Statn- Express. Panama. Chicago. Burlington
and Quincy. and Chicago ana Alton. each 100.
e.. g.. &. and L. Canton. Harlem. and Wells
Fargo Co.. each 10: Illinois Central. 40;
Adams Express. 81 and New York. New Haven
and Hartford. A.
The gold nlnrkct reflected good degree II
activity at an adNan'" 10 100 4. consequent
chiefly upon purchases OF gold 10y the Syndi-
cut.
The following were the principal transactions;
inViA " iu5'. II - NJ. .tn,,. 90 = NJ lnnk
LEAN 100. II ioA Vi iooi. aoor NJ io1'ii
In loan. hc rates paid Tor the OF gold were lGi
Tic total arins %, the Gold Department, OF tho Stock
EXCHANGE wsrr -lAi77.yN. -oht haan,c~ ~ - 30.
ana currency balances. - ~auOgr The Sui.trrasury
eeA s-irss' called bonds. and paid ia COIN
tli. iHs'- nusin'ss 81 the turh states sub rcl.ury
Wa coil receipts. s~lHt u " gn.i iANmcnis -h.~.-
.i- 80 -Hi balance. S-i1ti i77fHs ourfucv rNriui..
lalIure. SI"r''i -. r. CUSTOM. si7iful
lHv lntrtl fr'ruu' tits ~ Na-NInfiou 'orlnv
M't' >'tt''A AMI q" ..nN- i't'ili' s'fH"' TIE
t'r fi'm ron rhg hnion in tlc Bauk CO England was
forn-n, >r'Dmsc reelected weak tone and Tho rates
tlffIff declined fn - ~. nni - - iHD iui iit.
uanl tran. o. ittHrfui .itlei- fro'H iaIlnu -...t
lHf fNt .NfIl'.l 90 ilH -FOUR Dsiifl NH,d
tr NNrr rIi-r 90 rates Il' amount .' .grIiDi~r tAc
iu t' money mark raN leans wr7 on lh'ril .ulIiy
20 sH- r cent. ami pranc commercial lalsr Wa-
suli- Ilf after lN tIflii IL a. ;fii.
Go'ctuucut hond. ruled srou-. uo'vitl .tauliu- the
reiu nn iu urDl-hc N hati-n ke-l.-DrHlt .i l~~ IS
of ISL in ps i-' new, and currency Is represented
w, NuN "I wee "N'ii' - . =,