The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-09
FINANCIAL avn con uGnCTIL

FRIDAY, March S-P. M.-Speculation Mt
the Stock Exchange was renewed this morning
with more than usual vigor. with tho principal
business. however observed in Lake Shore. the
Northwestern shares, and 1t. Pduls. Prices
opened strong. and. under the leadership Of the
Northwcsterns. which advanced a and q 2
cent to 3sta and G7's for the common and pre-
fcrrcd respectively. there was a further oppor-
tunty offered for realizing sales Of Lake Shore.
which. however up 10 midday. yielded only =
y cent TO 81 a under the pressure OF offerings.
The 81. Pauls were less prominently dealt in.
but both common aud preferred ros, . t. 49,
and ~ Rock Island was also strong M 100 40
1907. closing at the highest points of the day:
and New York Central wis . h''i'rut loo b.. G..
C.. c. and | wns atve NJ 2q@ ~ 20 2a@ 2s's
and Pacific Mail sold down from 22n2l'.
The principal rXcit"m"n, in the market. how
ever. WIS noted after p. VI. VIII IN Northwest
though quickly renverlns to % a again. WIN
later dealings Ut 6G'i. Chicago and Alton also
the same tim. - cent; lower at :iN'a. ~ NE
second board. however Western Union. which
up 10 this hour bad been practically neglected
at 77's@7T 'su77'i rose into prominence, and
assumed the leadership of the market at an
advance Of D., y cent. to 49,. Lake shore mean
while being actively Sold. but in small amounts.
at o. smG2 snh2a having Just before the call
The coal stocks wcrc weak. Int reflected only
. moderate speculation. -. Louis and san
Francis preferred ranged nj 3t@3a Michi-
gan Central was weak at 0'ioi0,. on limited
Central. AMI Erie were also ut important.
The general market, how - r. r'il" ted an IN
creased disposition ~ spe"ula'" on both sid
of the account. and the volume ol business II
daily becoming more important.
The total number of -har, dealt in WIS 49,
7Os Of which Lnkr Shore represented 10 300:
Northwestern. 1860: do. prehrfei, 279u9:
Western Union, l9.7s7 pnaware. Lack9wannH
and Western. N5lo;. St. Pau. 1900; 10. pre-
frrrrd. 1000: Nv YORK Central. 1904 Rock
Island. l.439; C.. c.. G. and l.. 400; Morris
and E~s y. 1000. New Jersey Central. 1910;
Prin. Mail. suO: st. Louis and san Francisco.
$40: Wahaef. 400; Illinois Central 100. Ch'ago
and Alton. 525: Delaware and hudson Canal.
5j7 Erie 81: Ohius. 80; 81. Louis. Kansas
lnntic and Pacific Telegraph. 2n; Fort Wayne.
800. Michigan Central. SAL Ontario silver. 100 /:
United States Express. $50; and Wells Fargo
Tho gold market opened steady at 10l', hut
the bulk of the dealings were recorded ut lul a
There were no features OF special interest.
The following were the principal quotations
iISs9A i ioi 2 & iioii icSF ISL.
In llsns the rates paid tor having balances carried
ne ioi,l clearing; q. ,te Gold Department o. nc stock
aui currenc, balances Al $50 ias The sun treasury
redeemed sal pIlin called bonds and pad out in com
fhs following are ihe comparative earnings OF the cen
trail Pacific Railroad Company
For tie month OF February. 1873 ............ s7l 30
For the month of February 1874 ............ lu7.3
Earnings nfst two months l~-S ............. 2telsn
Earning, rrst months 1911 ........... .lli 80
EARNING, nrst two months. 1876 ..... 2ull,1i1
Foreign exchange remained quiet but steady at nom
nny - a., anl - sss and demand traits &C..
secuNov with IN, 40 fua elln ratcs at SCI 80
and 81 ~. ssI-i
loannbc unds on call ~ a, cent with the estsh.
nsiod Government bonds Firstelass mercantile
Government -ccnrt,. opened woak but closed strong
The transactions were larse st the eary boards but hc
came |, important during the afternoon
Tie following were the 3 ?. NJ. CLOSING prices