The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-03-07
rryiycfiL NO cou1nRcTan.

WALL STREET, March 6-P. M.-The mar
kct opened this morning weak and tame. with
gradual strengthening tendency. Few tran-ur-
tuns were recorded. however. until midday.
when Il new element appeared and. notwlth-
standing the organized attack on certain shares.
with free sales OF GO-day options. an advance on
the general list WAS established. II was great
~urpri-' to many. who in contemplation Of thu
power ~ In" combination alluded to in our last
issue. had gone short 81 the market Tn. ri-.
wa- resisted for pcrioi nut ia the absence 81
ono of the chief manager, the market wis all
lowed to DRIFT and tho outside shorts su--
tanned prices by covering their contracts.
That there is 10 hr great conflict duriua.
the next few weeks for thu mastery of the mar
ket there can be- no doubt The chief leaders uf
~" Atlantic and pucili" Coast Association have
all made their mark on either side ~ On" Ani"r.-
can continent IN operations that would sldeg'r
the average American. Such men H. &. X. Car
ri~on, j. NJ Keen. Jas Could ami \. \. : lover,
and whole list OF followers. rumpor" tins pool.
and they pruuosr not only t. control thr trlln~-
contin "nial Route omhinlng many different
railroads between the Atlantic and thu pnrin d.
-lope-hnt also as uiur tn lNWrrtu control the
trlceraphic system of America Ofruur~e. they
VIII meet the aninsgn.sm of parties owning
fixed and valuable franchises liz" the NV
York Central with its connections. and the
Western Union Telegraph Company. who are
no mean romhatants hut foes worthy of any
steel li"nr II l. supposed. ihai whcn the gage
Of battle is announced there Will be no arnIis
ti"c or cessation 81 host ties until general
disaster shall control IA, n,ld.
The diminishing to-day WIS perhaps only a
collision Of advanced pirk"ts. or a striitcgion
fent. to feel the situation; but h"ior" ia" close
of the week We presume W. shall h' able tu re-
port further progress.
The Stockholders Of the Union Pncinc meet n
Boston to-morrow, Ia elect Officers. and Gnrri-
son. bows. and others representing the cuali-
ton will b., mad, directors.
The total number II shares dealt in was i4s.
80. Of viii III Western Union represented 20
Ot5, Delaware. lAckawanna. and West I'm. 35,
$3.50; y. Y. Central. 1850: Pacific Mail. 1901;
Delaware and Hudson Cpnnl, .5i29; -. Paul
preferred. 100; Erie, i.GoQ; \, j. Central, l.
the preferred 700. Ohios. 500 81. Paul 400;
Rock island. 7lQ;C l., and Quincy ioo. Illinois
Central, 800; 4nicksilyer 400 th,, preferred,
and l. $50; 4. and 7, Telegraph 60, 300; 81,
I Paul. 400: Consultation coul 100. Chicagu and
Alton. 100: Morris and EsscX. 2un W.. /. and
n. g.; prcfcrrc,i. 100; Maryland Coal. 100; and
y. j. Railroad. 2i
Gold was strong all day ut 10i'.@lO5. without
any dcridcd movement.
Tie following were the principal transactions
ISS@!t>s 49, 49, Sss7ttN 49, 5%STS iI2 10,
In leansthc rates pan Tor having balances arrcd
The total ee,rings n The Gold Exchange Depart men,
were *'o.i1.O q soid balance i~-.-'" "nd CURRENCY
| 50 90 tuoo.n inf,r,st on NE ntic d'ti
rhc days hu'inc,- st ne lmrd >la's' sub rf'.,ur'
~ ~ void hHinnrc s5i2~i 80 ~ Ulil'n'N rrtllf
6s 's ,'' = 's custom. . III '''
| Tue mmMu IA the Sans Of Euslaml "Ns n' l'",'f a
ia, w,f .,sHp d. and thp custom i.paini. s,, -
| ihe lreHsW, AL" rc'.Med ti,iAr'r m n"i"nnl mnA
,ummy Naua,ol', i"r i' w''k 'l"''ns t' i's n""ni II
no1c, rucd,a-y At -. as tsccnt Tor ,a loans Nhl,
discounts rau-'d ~ ifs' = e.. nt too plno nHi"-.
| demand 10 poo, Inu- quotations.
The looNin- we're iln ,l,.iu. pr.es i3r "