The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-10-24
fINANtIJL IND COMMERCIAL

TUESDAY, Oct 23-P. M.--Thc strength Of
the stock market Mt the close Of business on
Monday naturally prepared spectators for n
further Improvement to-day the advance hav-
ing been stimulated by free purchases TO cover
short contracts added to the fact that several
prominent bears very suddenly joined in the
upward movement. Lake Shore Western
Union. and the 81. pauls were the conspicuous
leaders II the advance. tho FIRST named having
rallied from Co., 10 G7' and Western Union
from 7s4 t. 500 at midday. ST. Paul common
was y cent higher at -. and the preferred
moved up from g. 10 GSt. Under the innu-
encc. however. of liberal rcaliaatons Ivy brokers
who were simply trading on the market and who
recognized profits of l@2 y cent. there was a
check 90 the buoyant tone at the second call.
when prices reacted A@'s y cent. after which
tue mar kct became ievcrsh aud unsettled. with
a partial recovery. succeeded hy weakness ~
the close. Erie WIS strong at 10 aGyl3 'stl13's.
but late in the day reacted 10 49, agnin. and
Michigan Central. which rose from GA To %.
closed at ca The Northwesterns were gen
orally well sustained hut Rock Island. nft.r
opening strong at 10ls. sold down 10 l00A.
Ohos were also weak. and declined from lO',
to ga on free sales aud Hannibal and st.
Joseph preferred broke | y cent. to 22t. but
Quicksilver rose i. To- 2O..
The conl shares reflected n generally strong
tone. which became more PRONOUNCED in the
and Western advanced :. Ia 81 4. the lrghcst
point q TIE asy; nnd vvca t and Hudson
loo q LOG, eioGdlO6 "a 1860 1867. but the re-
mnindcr Of the lst was practically neglected.
TIL t ,ts number q shares dealt in amounted
81 200: Western Union. AZ. 200 : Delawarc, Lack
qwnnna. and Western. 1887: 81 Paul. lO900;
do. preferred $3.50; ohios, G,s5o Northwest
Nv York Central, i.32G: Delaware and Hud-
son $40; Rex leland ,so5i; Michigan Cen
1000. 0uicksilvcr 500; do. preferred. 700: C..
g. G. and L.. 300: Cleveland and Pittsburgh.
400: Hannibal and St joseph 200: do prefer
,sd. 900: Mnrjposa md Plci0, Mail. each 800;
l5o; Chicago, Burlington and Quincy. ST
Louis. Kansas City and Northern, Union Pa
clh', and Unted States Express, each lOO'
&c 1t sOl, do. preferred. 50 nj 1885, c., &. and /
G. SCAT A.; and New York and New Haven. 20
The gold market presented no features Of
special prominence. Tho pre-" oprned al 1921,
but temporarily declined 10 lO-a with final
Tie following were TIE prncipal quotations
iiaSlsM ii' e., 'sTr ~. ~ 81,
In loans ao ra'ss pal tor having balances earned
an, "@gr ME me- m 81 ' r ~ IT, ~.
dec incd 80 80 called hoi.. ana raii out m 'o.n an
The da,'s business At he United STATE. sub rrca.ur,
~as- Gold receipts, Siiuy7a rod payments So,
stii1ii' ra ''S i"ta'1,. e 'S
balance. a., 2iI.s.7l cu.,oi. s,lnrD
The ~. uuN revenue rr'lrts Ht WASHINGTON f"d1,
Treasury ai,, raeiyei satl0li n na'.,u. ni,> ua,..
Tor redemption IN, Treasury lali.,. rf tIiu Hl., of
oia ,, ,. 49, ~ My,S S,' '''e,o' fl
| nnlinn a.. ,'' IN - h'D ,ni Vs., ','r'.-i ti"""
' '' .s ' ci S ', iaoui, " " ~ ,'"''' ''
| for 30 r'' n1o.' ~ aN, ru 'nad, AT quotations
iu u," mon,y nuNoi call loan. go 30 .tcck brokers
af' lr '.naiNl wl-lnc '..cd i',''-e" LARGE ,hnnur
/ ,t'N market fnm" eomm'rei'. lhrf was quoted Al
] o..