The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-01-16

TUESDAY, Jan. Is p. M.-Speculation at
the Stock Exchange WINS characterized by a
fcvcrsh tone and the dealings. particularly in
Lake Shore. were attended by much excitement.
Tho general market opened firm. but the force
with which large blocks Of stock were thrown
overheard soon changed tho speculative cur
rent TO tho downward tack. and resulted in n
further decline Of Lake Shore to sos MS against
CO.,. the lowest point OF Monday. The drop in
Rock Island. although only from 99'A to 9S's.
eNcrtcd n depressing influence upon the general
list. because afordinE additional evidence Tint
stock belonging to l,cnuinc holders WIS pressed
on the market. Western Union also entered
more prominently into the days operations.
but ut decline from 76's in the early trnnsn".
tons to 7jH ut the close New York Central
showed signs Of weakness. and yielded from
lO6' to 1855. Tho fac, that mono " the above
stocks received any substantial support rem
dcrrd the remainder of the list an easy prey
to the designs Of the bears. who first at
Western roads. with yigor and success
Delaware. Lnckawanna and Western broke
from ,r S2'' 30 ,5otii Delaware and 'lud-
from &C.. in odd lots to IS; and Nav Jersey
Central. from Is to 1871. mo decline in these
from Philadelphia thnt the coal CON ranics Ind
been cnjoincd from carrying out their pro-
dr"ned to 81, and ei for the COMMON an5
preferred respectively: ~. Paul common Weld
Ing from y., 70 81 :, and the preferred selling
81 Ohio =. at ~. Pacific Mail selling down
to2l'. Union PncitIc. from Gs I, to G7.s Wabash,
from l5's TO a.; Michigan Central from 50t
10 30; and c. C.. G. and l.. from 81 10 -. Han
nibal and st. Joseph preierred,was the strongest
sto * on the list. mud advanced from 30 To- 2Ii.
on small purchases for tho account Of pool re-
Gently formed in this stock
, The general market however. closed unset
tied. and the bears controlled the situation
Throughout the day.
The. total numher Of shares dealt in to-day
WINS 1898. Of which Lake Shore represented
o. 2go; n"aware;, Iacknwanna nnd Western.
prcerrcd 1000 io.k Island nd I "5: 2 bS"wa aS
, and Hg 1da ioi7 Eric, 2.53o' Michigan en-
sey Central. / $50; Ohios. 900; Hannibal All
o gSsepn rETgerrea sS So2 lnoT Ggns Co.
200; Chicago, Burlington ard Quincy, ioj Fort
Wayne. i29; Mariposn. 100: Ontario. Silver LOO:
Adams Express 50 and American Express 80.
The gold market continued weak and tho
price further declined to lul' at which the
considerable pressure of gold upon the mars 4
Tor the account OF holders. who some time ago
silver bin would pass the Senate.
The following were TIE principal quotations
i o%s1 n .'.ii@si. . iis !.S5fN I%,.
In loans the rate rai for having balances carried
"9 e. : :. =. ~, and Z ce't,
aI errne, fSsnas, :, AZ 81 81 M .
n,, ~ ~ IN 'i,H ni, AMI p"d out IN CON
Gold REGENTS - 80 IA ~. end paymcnts $40.
~ 40. gold balance. $40. -" 74 ~ note receipts
l6ai % note pnvmcnis tu37ii 81. nots balances.
St,N'~ liau Customs. Si7H.upl
me ini'rnd r, nuc re-, ipis ~ washington today
Treasury also received S2ifp 10 national hank notes
FOR redemption The Treasury balances AZ the co-, 90
business were Currency sA.huiIsFi. AMI coin.
si1luCntp1. less s36 7'n 90 ,oin ccrilhratrs
The exports ut domestic produce. currency valuation
for The week cniiuc TODAY amounted 90 fifse iU7
Tic Lehish valley Railroad Comran,'. annual rcport
shows That there Wa an increase 90 production in iS77
ottr l-lo u' 90 -',S tons Of coal III, gross earnings
amounted O. - ga. ani the operating rNpeu-cso
= To-. 80 - The net tarmu-s q Js.Hsi * The
interest on the bonded debt NJ the
the premium gold. uucd ~ ~ tli7 'fi. "a. diNl.
ttnd u oct !. 1871 anuunun. fo si.iif- tyf su rhe
-rucrll expenses iucluius lus~> the MORRIS Canal.
also on all coal operations So ,AI which
leaves ell 2-a 90 be credited PROFIT account
Foreign cNt haiEv ruled steady ~ tt nominal quota
tons q siSi aud e. 81 tor time and demand drfn.
with the selling rate. at sI~pA ~ ~ and - -
Money On call wa. freely oh,ted Mt as = crn' until
ia, nun' hour u trade. when the advanced
hi Prime commercial acc, Itanccs were quoted ~
al Of ~loft datr
Government honis maintained strong tone. natwi'h.
standing the weakness -Nid Coupon ISL nlI At
ltiis ris coul on isis aiVhn'inl lOta ui,.:
coupon lrtis. new selling al lu-'s siNt. 49,
l~ Registered = cents at lola sUIis and coupon a.,
= ornts nt itut41inf's