The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-12
FINANCIAL AND COuuERCIIL.

MONDAY. March LIP. M.-The opera
tons at the Stock Exchange developed an unu-
sually active market. although the aggregate
volume Of business was less than recorded
during the periods Of principal activity last
week. Early in the day new combination was
discovered in Western Union. which. under the
influence of purchases Of about 10000 shares.
advanced the price from IS. to 70's. After the
stock had passed 10. one Of the members of the
pool is understood to have unloafed 5000
shares upon his confrares. and this will explain
it, sudden decline to 70, and pause in the spec
ulaton until after i. NJ. when fresh sup
port was brought 10 the bull combination.
and resulted IN not 9ny "a recovery o naI
transactions at 79a@79S, The Northwestern
shares. however, were well supported, and de-
veloped fresh strength at q further improve
ment in the common from 3ss 10 80. and from
66'. to 81. in the preferred. closing ut the best
figures Of tho day. Lake Shore was alternately
weak and strong. having declined under a
pressure OF offerings from 62s 10 6l's, but sub
scqaently recovering to GA and c2's for 20
shares. The ST. Pauls We're also firm during
the afternoon, and closed at the highest points
OF the day although rejecting some fcverish-
ness in the early transactions. The coal stocks
We're generally lrmer. with nm advance in Nor
riS and EsseN from O. /, to ~ and Deawar"
Iackawanna and Western huctunted between
AZ aud 46A.. with final sales at 49,. Delaware
and Hudson and Michigan C.ntrm We're each
q, Z cent. better. and Pacific Mail rallied = 10
2lt. Will" ST. Louis. Kansas CITY and Northern
preferred rose a z cent. 10 % q, buyer 3; hut
Chicago and Alton was weak, pI 69 ed9. ana
CO.,. There were small sales oi Fort Wayne at
90. Canton sold at IL. Alton and Terre llanie
preferred at II colt and Atlantic and Pacific
Telegraph at 2Otst2Ol.. Ohios ranged at asrl
and New York Central at LOG so log .@l LOG
The general market closed strong although
during thu day there was considerable shifting
Of stool Is. the transactions having also reflected
more than tn. u~na manipulating,
In the New York Mining stock Exchange an
active business was noted in LaCrossea t !2a 81.
and also in Piumas, National Quarlz Mining
Company, stock which WIS today aimliissd 10
buyer 30. a 1920. buyer 10. and continued g. NJ
tract attention at the close. Bertha and Edith
sold nj l5tl l6. buyer 500 a..
Tho iota. number shares dealt in was 1910;
Of which Western Union rcpresrntci ~ So
profcrrcd $4,000 ST. Paul G.3o0. do. pIeierrcd.
2l3n; ponware. Laekawanno and western,
1900; Pacific Mail. LOCO; Morris ,agl L;-nx.
| 2Gl6: 81. Louis, Kansas City and y rthD IN
| preferred. 100: Ohios COO. New York Central,
500; Rock Island, 40; pelawarr. and Hudson
| Canal. $50; Atlantic and Paoil Telegraph, 2}i
Alton aud Ttrre iaute pyeierrii. %W' Mirhi-
gan Central; ioQ c., Cs-C AM l., goo tsve-
39i F 9aa l'NG aw oT SS cenTa I ia AP am
| ANA. 100; Wabash. 100; United States Express.
100; Fort WAYNE, l2s Hannibal AMI 81. joseph
preferred, 100; Illinois Central, 100; and Can
The gold market was dull but lower, the
| 1905. Speculation. however. was decidedly
tune, and no features Of special interest We're
| presented.
| The following were the prnclphl QUOTATIONS.
SoGc,,N&N l TO- 3 49, iS 5j5@9FFN iS..
In il,l, the rates paid Tor ha'ins balances carried
| were 3. ga. tui = cont
Tho imports of specie for N" week amounted To s72-
| principal, IN American silver
| The earnings ot the Milwaukee and - Paul Railway
| Company for the wtvk ending March - showed an iu
crca,e of so 7J compared with tue spondnls
pcil,d Nt last year.
Foreign exchange continued hrm ~ - ~fii and - s'
| for time AMI demand dfltts resp cuVely
In the money market can LOANS were freely offered on
pledge Of approved stork collateral AZ iii cent Will
| the final me- DONATIONS Al T.
Prime mercantile HcScptAnccs OF four and six month =
| date ranged AZ .tfis
tio,cruneut bonds were strong response To i'm
provence ne in tho l.uun market, l~i7s advanced q
r cent rs az ISL were d. higher and the remainder u
|
| The following were the ST.. VI. closing prices