The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-10-17
FINANCIAL AYD COMMERCIAL.

WEDNESDAY, oct. 10 p. M.-Thc failure Of
Haar h Go. caused very fcversh and unset
tied speculation at the Stock Exchange, and re-
suited in tho closing Of. many accounts, both If
brokers and their customers. who preferred to
withdraw from the market until tho effect " the
suspension had passed. This fact will explain
the weakness observed In the morning trans-
actions. ~ well ~ the irregular tone OF the af
ternOon. although at the close there was u rally
and n firm market. The principal business was
noted in Lake Shore, w stern Union. the North
westcrns and Delaware. Lackawanna and
Western. Tho last namcd stock advanced from
Boa to 5Iit in consequence Of the harmonious
action Of tho Board OF Control at their meeting
to-day. when ii was decided to mino 500 900
tons during the present month-an increase of
COO. 600 over September. New Jersey Central was
Ia y cent. higher, at 80 T. from the same cause.
and Delaware and Hudson rallied .
to 46H. but opened Mt 46's. The North
western shares wcro we'll sustained;
the common advancing from &c., TO 40i. and
the preferred from 70'l to 711. Western Union.
however. was heavily pressed for sale at 0'.@
90, but the bulls camo to the support OF this
stock about midday. and rallied the price TO
81 although II subsequently sold down to
S9's and closed at 0Ots. Lake Shore was strong
until after tho second call whom 1t declined
from ca, to Co.,. but recovered :. y cont in the
final dealings. Wabash advanced Z, " cent. to
49, hut Eric yielded from II q To l0's mud then
recovered. ~. Louis and IRON Mountain ro-
il"rtcd more than usual activity. AMI rose from
% 10 / 70. With iual sales at tn" highest point
of the dny. Michigan Central WAS y cent.
lower nt g. p hut the 81 Paul slurrs ali longh
moderately dealt IN were strong and higher.
A committee OF five members % the stock
Exchange has boon appointed to Investigate
the causes 81 llnnr \ Co.'S failure. and viii meet
AZ 4. VI. on Thursday.
Thetot, number Of shares dcalt in was l99
SA 81 which L1k" Shore rcpr srui"d 233m;
Western Union. 2i2BD: Demwarr f.7rkuwanna
and Weston. ,22G0o; s. pWi, > 'jn;. do. pre-
frrr"d. 900; Ere. 5.720; Wabash G.jju st
Louis ana Iron Mountain. $40; Union Pacific.
l,luj: New jersey Central 1000: Morris and
E--rN Loo Michilun Central. leo: Ilunni-
bal AMI -. Joseph. 100; DO preferred. zoo; nj
nos Central. ion pa'nc Mail. $50; G.. G.. g.
and l.. 2nl: Chicago AMI Alton. 27l N'w YORK.
Il. and Qulnrv. 100: Erie preferred. los; llar-
lem, 100; NJ. II. and TeNas. 100; and Ohos.
Tho gold market ruled dun and without fca-
tur" NJ lOO',, until near tho clu~e. when the
price adygnced to- 100 in expectation that the
Bank ~ England would again raise its discount
rat" on Thur day.
Tho following were the principal quotations.
1OopA.M .i,O's 2s9 = VI .iDosa l3 T.. M.....iOph
In lcans tie ratc. ni for the u'e OF gold were fiat and
rhc .iaia, c,carinss al ~ aod department Of the
i37 tni currcnry ',lincc. =! 80 .se Tie u'Ir,a.
oon te., IN s' &c abc c6, si60 ' Thc a, p nu
nss at i!. United states sui Treasury Wa com r.
balance. sl5i ai47si enrr,i,r, receipt. $50 - ~
~ ~ il, customs. s9,i"n "''''''' ''''''' '
lhc Internal revenue recent, At Waslin-tr today
Treasury ais received s34'o" IN uaaoid l""N notes
o Us s. T.g, reccg': al cn,caso 'oday amon',t to
1i,'ris r,e, , ',r W. ,r, n, a. ,, ., W''' rag
Al Nwsuk'. The what receipts looted ur ~ 100 bush
seIttn- onl, 49, ba;,a,i: ana a.. 'lnnmcn' -
ami the 1tiFFi