The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-01-12
FINANCIAL AND ovmxnxcraL.

| FRIDAY, Jan. f1--P. Interpretations at
the Stock Exchange started of with good
| show OF strength. but tho business was again
| principally confined 10 Lake Shore and Della
ware, Lackawanna and Western, the first
named rallying from 62x to 50, buyer 8. and
| the latter from 49T to 81 Mt the morning board
| Delaware and Hudson also before midday rose
from 4oI to 50. and In tho later transactions sold
at 81. The Western shares. however, were fever
ish and irregular with st. Paul ranging up TO
IL O'Clock at 3sh@3s S@3s,s. seller 3. tD3sA the
preferred at 70S@70% buyer 30. 6a7OS. North
western Mt 3Gn@36hd 3f@3sx. and the pre-
| fcrr',d at G3H. seller 3 ceG3I@G31 Erie was
frmer at Sh@sh. and Union Pacific ranged ut
| 68s@G9@69h; but the Hannibal and 81, Joseph
shares were decidedly wcak at decline from
| TX to ION for the common and from 24% to
| 22x for tho preferred. though tho hitter reeoy-
| cred To 23k. seller 3 and closed at 49, Pacific
Mail on limited dealings ruled firm at an adj
vance TO 22H. and Now York Central was also
| firm nj 107h@lO7h. buyer 5; but soon aitsr
the second call OF stocks the suspension OF
John II. Henry, Curran q Co, large dealers in
drugs and patent medicines. was conflr mod !:
and from this time no To- the close OF the Ex-
change speculative cir.lcs wer1 fooled with
false rumors Of financial embarrns3ments.
which resulted In decided break In
inc lfhulnR hptcluUlts. Lake SnOre SOit down
10 6l's: Delaware. Lackawanna and Western to
50A: Northwestern to JjX the preferred to
62H; ST. Paul dropping v cont 10 37A: the
preferred also n CO.. Now York Central to
106N; Western Union 4 to TIA: and Delaware
and Hudson to 5)s. tho transactions having
been characterized by great excitement. The
story that a prominent bank would be thrown
out OF tn Clearing House on Saturday received
onirihl dental. while Mt the same time ndvic"a Ut
manic Nan Francis - with n IptI o of n6ptO
v cent. IN the leading mining stocks. cnused by
= reduction q the monthly dlyidends Of the
CONSOLIDATED virginia from y cent. tn |. as
sisted in the Decentralization which hastcn"d the
throwing overheard Of stocks Ivy weak holders
speculation. but yielded \ y cent to 81, and
Rock Island was lower ut 1914. The general
market closed tovrrish and unsettled. with the
lowest prices OF the day established in the fnal
transactions.
In the Mining Stock Exchange thero was a
more ~five bus ness. with an advance in Amer
lean consol idat,d " IL, buyer 80. and Moose
sold At 7t@7h. hut Lacrosse dropped ' cont
from 80 To "a. with re- every Ia 81. buyer IT,
The total number Of shares deal, in was 49,
li7 of which Delaware Iackawunna and
Western represented ~ 29O Lake Shore.
5000; Erie. 1850: Delaware and Hudson Canal.
1880: st. Paul, 5000; do. preferred. LOO:
81: wcs %"p Union. oGe Nv YSrts 'SC. "nir
l.7jj: Now Jersey Central. sl3 Union Pacific.
Morris and Essex dl5. Nv Jersey southern.
400: Michigan Central 800; Pacin' Mail. 500
Cleveland AMI Pittsburgh. 2tO: Chicago and
Alton. 200; United States Express. l47. Ncw
York, New Haven and Hartford. $50. C.. c.. g.
and L.. 100; American Express. 100: Albany
and Susdurhanna 1907 Ones. 6OO and New
Jersey Railroad. 10.
The gold market. although dun was weak
and lower. The price declined from 1Ol "a to
1927 which h the lowest point recorded since
May. 1862 The weakness Of exchange excrted
an unfavorable influence upon the market.
Tile following wcr. the puuepai quotations.
10 "a .ip2is 2iip ..ipsi. 3tOP l02h
In loans the rate- uaid having balances carried
.. q 90 and gold ami y cent
The clsArinrs III. gold Of tho Stock
Exchange SIT a1r 40; guid balance. sl7fSJll.
and halaucts si7thtlp tn, sub Tr.H-urs
,rmDd s2ri 100 called tui- and paid Ia
tr.-t tie puhlie debt S.pni 1.O
The dav', the United states enh Treasury
Gold eceiur 81 - 5ij -; gold payments sol.
1T II gold balance strnfsfuit g.. note reaeints
e. S2 1ll t note payments ~ oto 7ieug balances
e. iNlO .7pi w, Customs <ss.sD
The Internal revenue receipts a. Washington today
st1ut'r and the customs receipts s+sl,0o m.
Treasury also received STOOD In national bank notes
for redemption
Forign sxchange At reduction in III.
RATES To- - -lA AMI - ~ tor time and dema
the actual lng quotations hasine been 81 ~ 80 Il
and - eiAs e.4 80
Money conunucdin rhersl supply on call during the
mornin-. but ~ubseIur nv freely on'rod Prm.
mercantile payer ranged al Ue ~. according 10 date Of
mnturitV
| Government bonds were strong during the morning
bat IN "a. ANAL hour ruled hid. ~
| heANins = ~ gold and "A hsug~
| The OWN. 8 N closing prices.