The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-02-14
IINtNCiIL .tND rOu uERCTiL.

WEDNESDAY,. Feb. l3 =. Milne Stock
Exchange speculation reflected well disribu-
ted business. but there was considerable irregu-
larity in the course of prices. 1sc North
western shares attracted the chief attention OF
the morning. bccnu.c of continued active pur-
chasc- for the hear account. and in their al
tempt- To- cover their contracts the price of the
common advanced from "a to 81 while the
preferred at the same time moved up p T cent.
tu Gl =. Soon after midday. however. the bears
made furious aituek upon Western Union and
the coal stoch-. which caused II change in the
corr-c OF the speculative current and resulted
in Il break Of = cent. in Delaware l.acka-
wanna and Western io AZ 2. and Of = in Della
ware and Hudson to it,. Western Union.
however. was the conspicuous feature of the
afternoon. aud the short interest in this stock
must have been considerably increased during
its decline from 7G', TO - the >uddcnness of
tn. drop from 10 tu IS, having been mainly
due To- the holiness ut the bear element. en-
cuurag"d. ~ 1t WIS. 10y Mo fact ;hni "uu-idcrn-
bl,. amounts of this stock delivered today came
from the private box of N" California operator.
,hn snr," s,,,,rc,. mi. w"uid ,nrn, 10 in
dicato that Kcenc was throwing over
hoard inactive -iock- AMI making prcuHrnti"n
for utilizing his means III more lucrative quar-
tors. The wrakcs~ ot Western | Mon WAS also
intensified hy reports that Jay could was ma
nipulniing this stock in it, downward course.
Iaih" Shore started IN strong. AMI III The early
transactions rose from ~ d To- 81 D. but this
stock temporarily at lei,-t. ceased To- he the
leader ut the market. and dragged along lazik
during the afternoon at 81 se'Gl %" 81 g. The
| 81. Paul shares wcr" nls" loss lrymln"niy
! dealt ill., the common ranging al ~ 80 - OF.
| seller g. e. 81 ,n1I and tn" prci"rr"l at o.
r. 61@6s'.. Michigan Central cnsily dropped
/ q e cent. t. -: Chicago and Alton waS g r
cent lower M II: aud there was more than IN"
usual volume OF husin - ~ thrns" Buring-
! ton and Quincy at lutD lu3 .. Morris aud T.
sex declined to ~: the hannibal and -. lo-
III" COMMON Sni 2i.~2l a24' ior ihc pr'-
! fDrrrd. New llrk Central sold ~ lui O.. seller
| >. a, lO4 '.a lU4 :, and Fort Wayne at -.
! Thu general market closed heavy, bu, at a
| slight IMPROVEMENT over the lowest fGurc- 81
tho day. There were indications. however. Of u
better disposition to Operate, and after IL" Sill
YER I'LL has been finally disposed Of in the SEN
ipents If the stock Exchange may be coni-
IDENTITY predicted.
| s1.nsl. Of which Western Tnion represent Il
la.ion; Delaware. Iarkawanna and Western.
3 d" Lax NoF' sE%r a i?i ST. ra HG oS! s
| preferred. $500: Delaware ami Hudson Canal.
Sl5oh Dmis"; npri'4g'en GI 2%ny n2"'
, lniT: Rock island SUI; tni,H-u ana Alton,
i2o; Hnnina and s. I","ph. do1: ~ ur'-
| 200; Pacific Mail $40: Wabash. 2Uu. Cuun Pc
cns. 2ls' FRI. loo: Fort Wavne. 2on; Morn;
and E,scN. 2"; quicksilver. lnn; and United
The gold market assumed "a stronger tone.
and advanced from lU2 t. lO2 in roi.-euucncr
Of increased complications In ili, Luei. Tn
resignation II Ehrl Derhy. m'r;li,-' ui the dcri-
sion "i the English Ministry To- 'orc' "a uns-lg"
that The Turkish iori~ Wnuh resist subj Wl-
,anc', Add3d inH port mat inc Russian "r''-
siderable excitement IN ~p'"ulniN" circle.
The i'loNiu. N'r- the principal quotations
il "Siis ~ 9. 'ii .fi>,rr b. 55aif.NN i'gg'
II o-u, thc rsw' ml' for hs'n. balance, earned
Tie o'atcicar,ns. a, nc "ol' y patun 900 c t. >o-A
ENchans, were slAt~,ssi. suii L,laU... Si,iIG 80