The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-09-29
FINANCIAL AND COMMERCIAL.

FRIDAY, Sept. 2S-P. M-Thc speculation
ut the Stock Exchange was chiefly confined to
the coal shares. which submitted to another
sharp decline. Delaware, Lackawanna and
Western. which absorbed the chief attention Of
operators. after advancing before tho first board
from Asa to 49,. took II sudden plunge TO 49,
seller 3, with later transactions at 49, seller
So though from this point 1t recovered TO 49,,
at the close Morris and Essex was Ia z cent.
lower Mt 70'i. and Delaware and Hudson de-
clined from Al to 39i.. with subsequent rally
to Az. after which il dropped 10 40 = again and
closed at 4ll4. Northwestern preferred iuctu-
ated between 64A and ble and the common
WIS temporarily strong at Is but Lake Shorc
developed weakness nj u decline from 63A To
90 i. though Western Union on light transact
lions. was comparative sicHdy at IbAWiog
1870 Is 's@7ss. Michigan Central declined :
lower at 35 a. and 71'i for the common aud pre-
fcrred respectively New York Central also
edI f,G@ tn VII T TO r n hO NV 1s JaT
sey Central from 49,, to l4A WIS established.
but he remainder of the list presented nothing
worthy Of special mention
Speculative circles werc unusually free from
exciting or Interesting gossip. and. aside from
business was extremely limited.
y The tota number Of shares dealt in was l9o.;;
90 Of which Delaw "a Lnekaw anna ana az
$40; Northwestern, 5;l9o; dc; preierred, lG,sd9
Morris ard Essex. 10 200; Delay S,n and bud
=
6.gO0; do. preferred. 100; Michigan Central.
APPS; New York Central. 1910; Erie. , 325 do;
preferred, 100; -; Louis. Kansas CITY, and
Ohos, 500; do. preferred. 1877 Rock Island
1910: Paci6c Mali 9OO Kansas Pacific and l.
| linois Central. each zoo. Quicksilver preferred
| 500; Union Pacific. 4l3: C., G.. {. and l.. 22Q
| Cleveland and Pittsburgh. 2G2: Wabash and C.,
| G. and |. C.. each 2OO: Chicago burlington and
| Quincy. lOj; Hannibal and -. Joseph. 100
Chicago and Alton preferred ~ ut lu3m lO3is
Fort Wayne. An % 30 ~ e in odd lots Anerl-
| can Express. 20; and Panama. II at ll3.
| In the gold market there WAS nothing OF
| special interest. All of the transactions were
| effected at 1913. and conducted without spirit OF
In loan. lie rates paid for the Of gold were =, IL
| r. cent, aud HAT
The total ccarlngs AZ the Gold Department. the stock
Exchange were sa.yOlOO. gold balances ssl~"il and
currency balances. ssiH.O05. The Sub Treasury re
deemt $500 In called honds and paid out IN coin in
| tcrcst on the public debt S22,upp
The days business at the United states sub Treasury
Gold receipts 81 7ol ~ ~. gold payments, 500.
gold balance, Sitr 49, 42Oh1. currency receipts
sriT los currency payments sd-tnf'2 70 currenc,
| balance. Si3 ts-u. SlT.2'. customs ~2tlih
There issued IRON the Treasury Department Dunn
the month 81 800 oO OF national bank notes wlcl
involves the withdrawal OF sl'.jlosD legal tenders TIL
amount OF the latter then outstanding Will he s'iJo
| Nl5.up
| Foreisn exchange was lower the rates having bee
reduced to 81 S2 aud a. ~ tor time demand drafts
| respectively
| III the money market call loans approved stoc
collateral RANGED at Boa y cent with hnnl negotiation
At the lower heure fret class commercial paper chen
dry goods. ranged ut lsH1
,invcrnuicut bonds were shade lower. with Ia
principal Wan.acous III 1895, 5s OF ISL. ZOOS new