The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-09-04
FINANCIAL AND COMMERCIAL.

TUESDAY. Sept. 3-P M.-Thc morning
speculation at the Stock Exchange was chiefly
noticeable for the weakness of the Western
stocks. as well rs for the strength OF Lake
Shore. Western Union. and New York Central
Erie yielded from 10 to 1921. seller g. with
Northwestern common selling down from 3ii.
to 33's, and the preferred from G5 to Ca, but
from these points there was a steadier tone ap-
parent which was more fully developed later
IN the day. The bears more freely covered
their short contracts in the granger shares.
which will explain the rise I'm 81. Paul common
Of 4. p cent to 30. ut the close. while the pre-
fcrrcd at tho same time advanced from Ga
to Co.'S, with final sales Of both stocks at
the highest figures ofthc day Erie recovered to
49, Hannibal and 81. Joseph preferred rose
from 80, to 81 ; and the common was (. better
Mt a., on vague rumors that dividend might
be expected on the preferred stock. Lake Shore
moved up J., y cent. to Co.,. the lowest price
having been recorded at the opening and West
ern Union was = higher NJ 93A although sell
ing subsequently, nj g3's @93is. There was also
a ilrmer tone impaired To- Union Pacific. which
rallied = y cent 10 GA. and Now York Central
closed strong at l2A. Pacific Mail sold NJ III
Oh !, and the conl shares were strong but the
81 Louis and san Francisco preferred into life
were not saces ss &c c. ana i advanced
81 and Rock Island Z. IN ll7A.
The general market closed with more con-
The total number Of shares dealt in was
ia $50. OF which Lake Shore represented
2g.2lO; st: Paul, 5000; do. preferred IA GEO
Erie. l3 ll5 N9rhwesterni ITO; do pre-;
Western. 9 100; Union Pacific. 1900: Western
Union. 300; Hannibal and ~. Joseph .52j
do preferred. 2.3OU; Cleveland and Pittsburgh.
/ 4oO; G.. C.. G. and l., S35: y. \. Central. 73j
Pacific Mail 800; ST. Louis AMI san Francisco.
GOO; Morris and Essen. 2uu; Chicago. Burling-
ton and quincy 800: Atlantic and Pa iii' vco-
graph. 100: Rock Island, 500. Quicksilver. 200 4;
Wabash 200; and Ohios 100.
The gold market presented no features II
special interest. All Of the sales were recorded
al luu ?,
N loan. The rates paid for tho u.e y gold were a.
= cent and HAT amt Tor cnrryin. q J. ls ana r cent
Tho total coaruss AZ the eud department M Tie stock
curpnc, balances. Slnl "a
The sub1rcasur, redeemed S7LuoU IN called bonds
amt paid ont IN coin interest ON tie public debt lor
The day buanes. at the United States suh.1rca,lry
lp4 ~ coin balance Sl2S 6l7-s2 80 rurrenc, receipts.
80 .5.' 81 ,nTn9c$ paEm.ni, 800 ~ 81 currency
ihe Internal revenue receipts At Washington today
were s2+ol", and the custom, receipts. $3.50" The
for REDEMPTION The exports Of domestic preiuco cur
rsnck valuation. for the week ending to-day were
III, imports Of specie for the pas, week footed ny sos
The Bank England gained m bullion on balance 10
Germany lost IN spcci, balances l5orNunmarks
bushels amt the shipmonts l the corn receipts hav-
E AsgIrsHni +na ~ n1s,r T. ana ne sn, nts .'a2ll
and the shipments l2orr with lo7rpl bushels oi corn
Al Mhwaukec there were only ~ soo hn.ho. of wheat
received ana - =" shipped, with 10 90 bushels eff corn
and only - shipments.
Foreign Nchangc remained du at - - and "a for
time and demand drafts rcsfecuvriV
VI lnty continued 10 be literally offered call to eood
norromers at 'ss2 cont and prime commercial paper
Government bonds closed arm with good business At
hc early boards N lois tvs ct ISL per cents iss.
"a