The sun. [volume] (New York [N.Y.]) 1833-1916, 1877-01-06
FINANCIAL AND COMMERCIAL,

FRIDAY, Jan. 6-P. M.-The morning
speculation at the Stock Exchange. aside from
fresh activity In the Hannibal and St. Joseph
shares. presented no features Of special promi.
| hence, except the development OF q generally
| strong tone. The above stocks recorded an un-
usually large business, and advanced IL and N
2 cent TO 1874 and 20 for the common and pre-
| ferred respectively. The movement was based
upon reports that the treasury Of tho company
was sufficiently replenisbed to provide for steel
rails over the entire line. and at the same timo
leave surplus of over 100000 for the stock
holders. In the final transactions, however,
there were active realizations Of the recent
sharp advance, during which the common de-
clined 10 13'4, the lowest point OF the day.
and the preferred broke ~ n cent. to 27H, which
was y cent. lower than at the opening. West
ern Union aud Lake Shore were the attractive
specialties of the afternoon, when the volume
OF business was consider bly, augmented, aud
acconpanled by sharp rally OF the first named
from ~. to %, buyer B. while Lake Shore at tho
same time rose u 56ys. rs against So. earlier in
tue day. Ohios were also prominent at an adj
vance RON 6ss to ~, AMI Michigan Central
iny NJ from from An to 49, buyer3 Now York
Central was ~ d c.nt. higher NJ lG!h. having
s So during me morning at 1904: seller 3, and
hpck Island also recovered from 1NL to l0l i.,
having close at the best figures. Delaware. Lack
swanna and western, however. under the In
nhence OF Tree offerings, 4 II away from 1jia to
%, and New Jersey Central ruled weak
a. 3g', TO @h, but Jumped to 1917 IN
the hnll transactions. ST. Paul preferred
- -, 49, ~ ~ urn ~ a ic" slhail opera
go 90 p,,'',oeu ~ uarh.ug up lns price
iIph S's 70 ~ u. with hnal dealtnys at ~. lllt-
nos central developed more strength at an ad.
v.ncc from IL to Gjj4, and the Northwestern
shares were ,, and s. netter rean. rtivciv Tr,a
ranged 4 ~ ste5L Ii,,,nr ,.ii a, ols, ,f1iit go,
enii a., ~ ,r1,t, ",,'."s' iolicall bApIeHs
spiu at Do WIN OoA bli at the close, and the gen
oTd mdrket was nrm III the Lite transtc-
tion- notwi standing evidences of active reuiiza-
Tho market ia pr,du,tiv davato,,,,, io,, ,,,..o
acfvitr nj a, - 49,, .G In.p "Ie
snor H., ,a,rp.J ""N'u"''""S WI" uouotie's
''y" ~ ,e,,VIutu.
. ne tot number OF shares dealt In was Ill.,
al. OF which Western Union re- prrsentrd On nm.
Lake Shore. 1. ~; Delaware Lnckaw1unn ma
Western. 1860: Michigan Central ~ ma. Han
n,uni anv ~ JOsepn' 'OoJ; Tue preferred. 330D
49, "',yo, 49, J.iseb ttntlhl f.ltb' new
IN central ooo' Rock lsltuu, JJO; i. Paul,
the preferred. 200; illinois Central 55g. Parin,
Mail. 4OO: Fort Wayne 4pl. Untt.d ii Ia. ~
urpss ah. unrl.,n tnn. ti.,.'ia,'i, -, a.,
in,,r On 80 W 'icN ~, anu ~ Us
W su, ~, .hOIrls ana Essex. 10; Union Pa
cihc, 30; American Express. 10; Duhuuue and
sioux cav. 100; Fort WAYNE, lt1: Wabas IA. Iu:
II ba 80 -. y. ~ w. 80, a.,
sne., o h",u ,nalhet r.nscleu 1ecldedy better
~ ",,,,, 80, "ut u. utshnlmg quotations.
,,he conlinutu WlthuraWa OF DnllOn from the
Bank oil England. added to the MI rates px.
acted for carving gold balances, were the chief
causes Influencing sales Nv the loo / hold,.ys
cldvad 10 liz. p.,S. was loy., Vut u soon de-
N.'"'" ~ i''fs' NJ "h''h hkuit, ~ closcu.
The following were the principal transactions.
10 A. M...... io,al Il;ei A. NJ ifas. 117 N toet.
- ''- AA''' a " iV"fH '" T. VI ..lo''s
i--il Ut ht'iIs Dalihc = Cdrrel