The sun., 1878-01-15
FINANCIAL avn COHmERCTfL.

MONDAY Jan. 1i-P. M-.The opening
business at the Stock Exchange reflected firm
tone for the coal shares. with an advance In
Delaware and Hudson from 80 TO 524, and a
rally OF also = n cent in Delaware. IAcka-
wanna and Western from 51ia TO 80. Lake
Shore sold at 62@6 and New Jersey Central
ranged at II ,@i7@ 1Tt. but the persistent Of
fcrings Of large amounts Of Lake Shore soon
caused u change in the speculative current and
the general market responded to the down
ward tendency. The coal stocks. which had
exhibited so much strength because Of an
nounccmcnt that the various companies had
satisfactorily adjusted their percentage differ
cnces, declined to 5if and So for Delaware
Iackawanna and Western and Delaware and
Hudson respectively. and Lake Shore broke 2
y cent. to COS in the final dealings. The sales
of this latter stock wcrr mainly for the account
Of the combination which was formed about
two weeks ago. when the prico WAS successfully
advanced from Coz to 63i, but the weakness ~
the afternoon WAS intensified by rumor that
Vanderbilt mad been recently supplying the
market in addition to the pool sales. In the
Delaware. Lacknwnnna and Western sharnly
rallied 10 ~ but closed at 81 a and Delaware
transactions ut 81 and 52if w Jersey Cen
trail also advanced TO i : hut rea.fcd a ?
cent. nj tho clrse: and Morris and Fs-rv. which
had open d at 7G and declined T. f5i.. Snlicr B.
recovered to the highest point Western Union,
On limited transa tons. ranged at nc 1G-i hut
~. Paul was active during th" morning AT 37's
OBS 81. though subsequently mliying TO
aIl .. with heaviness later IN the day nt 97's.
The preferred after dropping from Gsh tp 6sN
seller 3. assumed a stronger tone ~ an nivuuca
e. G9' seller 3. with final transactions ~ 6s,s.
Northwestern common sold at 80 "a 35 D.. "a &C.
sriler 3. n 35l. and The prcferred n, 81 SrG2r
t62h. C.. G, G. and |. was weak at "A = @ 81 "a,
a. and Plrif. Mail at % .tq22. The remainder
of the list was not specially prominent.
The coal combination formed the chief theme
OF, conversation IN Wall street circles. but the
than any speculation ut the Exchange. II il cs-
timated that the open winter will mike differ
600 tons for, tue season. which will be more
seriously felt by the companies when they come
into market in the spring. with unexpectedly
necessarily carried over.
The total number - shares deal, in to-day
was 1854. " which Lnke Shore represented
72,3l5, Delaware. Iarkawanna and Western
SSgl2i; s. Paul $500; do; nreforr,.t; 1900;
ware and Hudson Canal. 3 9le: Western Cnion.
Sooj Union raeih,. 2oli Pac,iilc Mall 400; /;
MSrris nn1 FIH & i2o Erc zGs i"9 NV |er
lre. $50; c.. G. and. l.. 800: GOV, and and
riusn,preh. 5ia; iio,k lslanl, So, s. l., K. &.
3,N Kansas pacln', 200; cii.a.:1 and Alton.
lol MN i. ,and T.. ~ Cri-, states Ev-
The -uid market continued To- reflect a down
ward Tendency, and the nrirr further declined
from lo2 > to lo2 with final sales nt the lower
rss islr"i1s W. the rndeirai ii'' quotations
ii"@'s5f IT, I2l.H4fS iSs53SEs e 53,SFEMs .IS3c I":c
,, l lsa.' o. ~ oni 'or hanns balances carried
ne ,s' ,ssre, ~, -old 4se.'nen' OF a. ,ts
All curi.rc, oaa1,c, - i,,--, Tl, sat rrga'r, re-
n,l,i ~ H., ro,e ,s, ~, i a-' i"a oa' IN com
Ine a., hnsnss' a. me tni'i staes sub rr' ssrry
tsli. scd balance sioo7'.3d.s y n'rc re,c,o,.
ss.,i - MOI. synl'a',. ~. ,t'd =, hot. balances
The interua revenue receipts at WASHINGTON today