The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-01-31
FINANCIAL AND COMMERCIAL.

WEDNESDAY, Jan. SOP. M.-The opera
tlons at the Stock Exchange continued to reflect
simply "a brokers' market, which was conspicu-
Gus chiefly Tor large sales Of Lake Shore. the
Northwesterns. and 1t. Paus for the account OF
prominent members OF the recent pools In these
shares. The Northwestern stocks were thrown
overheard without much regard to price which
will explain further decline In the common
from 35', to 3i14. aud Of the preferred from G2's
10 VI "a, and the st. Pauls dropped from 49,. to
3G's for the common. and from 90. buyer 8. to GO.
seller 10. for the preferred. because an Ex-
change court firm unloaded its holdings In
Lake Shore. however by far the larger business
was recorded; but after a rally Of y cent.
from yesterday : lowest figures to 6l's had been
established. the operator who was cons picuous
in the early Northwestern transactions threw
upon the market the bulk VI his stock. Lake
shore. under the influence Of this pressure Of
holdings. broke to Coz. and free sales Of New
York Central carried down its price from 1857
to lOi'.. Western Union, on "A limited business
yielded Z cent. TO 49,. ana Ohios were a
strong at IN advance from -. to9i. based upon
improved quotations in London. The conf
s sh,r =, were rm during tho morning a 5oes
and at 4s'.9i9 for Delaware and Hudson, nut
both became weak in the later transug ions
the December ngurcs. vi ABOUT 60 -,nts & ton at
the auction sale Of coal to-day Tor the account Of
the Delaware. Lackawanna and Western Com
The general market rallied in the final hour.
partly because good buyers came to the support
oi the active specaties. and parity because Of
ndviees from the representatives Of the trunk
ines that they had proposed 70 the Grand
trunk and Vermont Central roads an advance
on Feb. N rates from Boston Ia cores pond
with the tariff Of prices established 10y the lines
from this city, The recovery IN prices ranged
from = 10 ). + cent. the market closing ilrn.
The total number Of shares dealt in was
ss.2ls. Of which Lake Shore repres enled 50 1905
VI. Of 4 Nm fftkx
In lSas and md Wsar Trsd S sSo RaSs
CIiy and Northern. 81 So; Western Union. 2@iG:
ohios. 900: Union Pacific $50: New J,rsN
ESSEX 1920 Rock Island. 600; DrMwnre Wni
Hudson Canal go; Hannibal and ST. Joseph
ma Plttshurgh il5 Chicago and Alton. 200;
Panama, 100; Ontario silver. ll9: Fort WAYNE.
ii 9S; c.. G N and l. G. 1885 American Express
:, The gold market continued active. and fur
ther advanced 10 lO2 but atthcse figures there
the price yielded 10 lU1's at which 1t closed. A
partial recovery in American securities in Lou
don also depressed the premium.
The following were the principal quotations;
10 d S!,: 10 1853 g I Y ii265s. 'SSS5fAa iS S
were 4 ~. 2. 81. aui 3 cent
Ssis - S7C io soi caaes. Of S Eth
TeSeera ~ ~ IN s s -" and ' ns sas sa;a
interest Oh the public debt sls6tkI W
The days business the United States sub asurv
was .'od reeeirts. sl-s -. ~ gold payments sHS.
ioJ 10. gold balance. slU9 ~h7 an * note recriut.
sa2 Az 20 note payments sipi 73u IS; note balance
IS. oS1,uIy ~ Customs. SllTUu
lhe Internal revenue receipts ~ WASHINGTON today
were sHuisr AMI the customs rvce.ts S.irlttu Tlc
Treasury alec received ss5UlOu navual LanA notes
iVr redemption.
ihe amount Of LEGAL tenders out.iandin. foot mp
tSie no - and national nOies $50 CPS Osj
also sl4d1 10 gold note,
fWvisn exchange ruled steady 10 firm at a. So and
s'sS.s loI l''e and is uani drafts respectively.
III Tie money market call lnrrs bltd.t III Jutroy,i
sl,e collateral were freely offered durlnf tine iuns
AT "at T. cont and subs, qurny AZ sa5 Prime uef,.u
date. " r
Government bonds opened fcvcrsh and excited be.
cause OF London adv ,cs Of fnrthcr decline In tint mai
net oi a & cent Hudcrs thu. ri-hcn,d INTO ,,ll
s al decline IN coupon lsd.s to lOii. seller 20 ANA
IVA regular WAY, REGISTERED le7, sold 100 Goa
luN . W lN-l ~ lih'. registered 40 NJ ula tuul l
"a e cents al lts',, und coupon ~ ~ ne. bar
TAI Ttco'tfN however IN ile laer luuaun pi.lcs caused
IN active buAls by good houses and The agke rallied
"a. Fecut ~