The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-09-12

TUESDAY Sept. lip. M.-The morning
speculation ut the Stock Exchange. aside from
developing n generally heavy tone at decline
OF ,a@l 2 cent? did not present any features Of
special prominence. and the market was dull
The weakness Of Western Union. however, at
the first board. when the price yielded from
S2'f to Sl5s seemed TO increase the tmidity OF
holders. MS well rs impart courage TO the bears,
So that ia the afternoon transactions the latter
appeared in full force. and further broke the
market 7,@3h Z cent. the extreme having been
observed in Delaware and Hudson. which
touched 81 and joI. seller TO- Delaware.
Lackawanna and Western suffered a
decline Of 81; Western Union fur
Their yielding 10 81; Northwestern con-
mon and preferred. and Ia respectively:
Morris and Essex 3; Lake Shore dropping q
cent. TO GA on active rcalizations by large
holders and New York Central >. to 1924. not
outstanding the declaration to-day Of "a quar-
tcrly dividend Of 2 cent. payable oct 10. Tho
books will close sept. 10 and reopen Oct 90.
Michigan Central Was better sustained but fell
OIL from jS'a 10 81, IN sympathy with the gem
crul weakness OF the market. The IT. pauls
were 70 and . lower for the common and pre-
icrr"d respectively. Notwithstanding an in
Of the road for tho first week in September. us
compared with the corresponding period Of
last year: aud Wabash broke 2 Z cent while
Illinois Central was 3ls lower at G1ls.
The market closed decidedly fcvorish and
unsettled. with fresh bcarish feeling pre-
At u meeting of the Executive Committee Of
the Western Union to-day, II was decided to
recommend a quarterly dividend Of = = cent,
payable at the usual time, surplus OF over
S2l9OOO will remain in the Treasury. ~ against
about $4,000 At the close Of the last quarter.
The total number 81 shares dealt in to-day
nmountedto l79.jiG. ofwhch Dclawarr, Lacka-
wanna and Western represented a 300 Lake
Shore. 1896; W stern Union, 1887: Mchi-
gan Central, lG,22S: 81 Paul 6l57: do
preferred. 400 Northwestern 5000: do.
gta G5 Sw 43Sk pcs@ c,ra apd7 H9lson
and EssaX. 3.93j; Ohiu-. $500; Illinois
G"ntra; 5000: va. ash, 200; Erie. 2.OlQ;
and l.. c., lob. New Jersey Central. $40: Rock
Island. COO: Atlantic and puchr Telegraph
Josoph. loo; do. preferred. 900; Chicago. Bur.
J.. ani Canton fSa"h loo; Adams Express. 2iSo;;
qnehanna. A.; New York and New Haven. ~:
Fl Wayne 10; and Wells-Fqrgo. l5u.
were The principal transactions,
ioOoA. " ...Iaa,s IL 81 P NJ. .ioa'sI3 ..io3I
In loans the rates paid for having balances carried
Thy t.sl eieegn A. ne Gol! Denarmcntoi The stock
currency balances 500 rhe sui rrca,ur, redeemed
s4ii,"n ca,lel eoid- and paid outin CON interest
The day. business a, the United states subTrc.sary
go % gold balance. 1850 q cirleney reccpt..
- ~ q sIlrsnef payment. sd7t2ei 81 currency
The internal revenue receipts at Washington today
were s-pn,'H and the customs receipts seOrn The
Treasury also received si2nosu IN national bank notes
for redemption The Treasury balance. At the close Of
business i Washington were currency si2 $4,000, and
coin. siu'+slpH less StoHpuu coin certificates The
bullion ia the Bank ni England decreased tat to-
DAY The export oi domestic prudueecurrcncy Nalua-
amounted To- s1pr7., 49,
FOREIGN exchange ruled nrmer The rate for time hils
was an, haus,d at - s5, but demand drafts were
Nauccd e.. to -
ln the money market early negotiations Of call loans
pledge o nt>tca,s stock collateral casilN eli ct.d
al asai cont hut IA the dual hour Of business lend.
rsrNactd 3 Prime comm real accvptances passed At
Si- e. with exceptions nf5,
GqN. rmcnt bonds YerS shade lower, in response TO
the low fr range o gold TIE principal DEALINGS were m
ls7. u+. o iosl, and the "a q cents, the market
closing weak