The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-14
FINANCIAL AVID COMMERCIAL

WEDNESDAY, March 13-P. M.--The trans
actions in the stock Exchange reflected u very
liberal selling movement in Western Union and
Lake Shore by genuine holders. but the Inst
named stock although closing weak ut G3h.
after selling Ms high - ca =. was. under the cir
cumstanccs. well sustained. the advance OF
Lake Shore yesterday and today was too rapid
not to induce rcaizntons. but fresh orders to
purchase ON wc-deilncd reports that. notwith-
standing the low rates of freight. the gross
earnings Of the road for the months OF January
and February amounted too Y can't, sustained
the price and stubbornly resisted the decline
IL must be- borne In mind, however. TINT the
entire transactions reflected q wo-inaninulatod
market aud prices 20 up or down according 10
the pleasure 81 the mugnntcs ~ the street
Western Union advanced from 50 To sos. but
under the pressure Ut offerings added to an un:
favorable view taken of the quarterly report II
~. and 4, aosod nj 7si. kdividcpd Of i, y
81 payable April Ii. Tho books will close on
the Goth inst and reopen April 10. According
to tho statement, however. balance Of $780,
1896 remains after the payment 81 the diyi-
drnd. a.. against Il surplus OF ssS.lO9.53 ut the
close Of the previous quarter.
dcangs and the St Pauls wore for time firm.
although they Subsequently lost their strength
and ylcllcd with me remainder OF me list.
of business rpsn from 62A to G3is. and New
York Central was a 2 cent. higher at 1919.
In Pacific Mail there appeared 10 be fresh
selling movement hy genuine holders who had
orr and confidential stockholders respecting tho
business Of the company. and the vel: defined
rumors that the books OF the company had not
been written up for many months, served 10
cent purchase II tho Panama Transit Company
also entered into the speculation, Ohios were
more nctive at \ s@s'.. with final transactions
at ga, and Wabash assumed some prominence
BY Us drop from lG'. to 49,.
Tla I'm. in tl. N nj st
be found IN the table below.
In the New York Mining Stock Exchange
seller 3. @7i@ 69@ 7OmGsm 60 buyer 8; and
american, Consolidnied moved w 20 10 with
10 Z asked at ne close; Plu i National Qunrtz
Vuncrd to s3.25 regular way, and to $3.50.
huyer 3. Bertha and Edith sold AZ 10. seller 3,
OF. buyer 10. with final transactions at l6,
The total number Of shares dcnlt in wa2 IFS 1888 !;
ern " Union. ii 500; Delaware. LaciawannH and
Western, 20 $50 Northwestern, l9,475; do. pre-
ierrcd. l5.Ooo: 81 Paul, $500; 40. preferred.
aSrrls and E sss 9s25; t NV Y9rE tcniral
s5i5; ohios. 4 $50; Wabash. / 300: Pacific Mall,
HUDSON Canal. i.2i5; C.. C., G. and T.. 500 t
Hook Island. I.0i7; Cleveland and Pittsburgh.
sgS chisae1 d Bnanglsn md Quincy 500
Union Pacific. 100; Atlantic and Pac!ac Tele.'
f erred,. $50; Fort Wayne. las; Mis- souri,. Kan
sas and Texus. 100 : and Wells Fargo Express, go
The gold market assumed n firmer tone. be-
| cause OF the advance in foreign exchange. and
| apprehension lest the Bank OF Englnnd's dis
count rate would be- advanced on Thursday,
! added to more warlike news from Europe.
| The price rose TO 1915.
The following were the principal quotations;
iSSs iiS' l lF iSi 3s tSF lS
In Loans the rates paid for having balances carried
were 3. "a, aud I cent
The total ccsrin: At the gold department. OF the stock
Exchange were sl1pl4ep gcld balance, 81 is9.3.';
ami currency balances. g. s2i Gil The subTreasury
redeemed s3Ts1ts N called buuIs paid out IN cOi
interest on the public debt SlnOD
Tie earnings OF the Wabash Railway Company for the
hrst week IN March showed decrease OF si37l9. and
gros, earnings the Minneapolis and 81 Louis Rail
road Company Tor the week ending March amounted TO
| SS.NiOHl.
Foreign exchange advanced TO 81 $50 and - sly for
| considerably increased.
| In the money market call loans approved stock col
lateral were offered at a. sd3 cent and prime
tile aceeptances passed AT 5ses ON Government bond,
| the rate VAST
The market for Government securities strong and
advanced sa,4 cent, with large transactions in IS Of
ISL Bs OF 1881, lu+Ds. 1865 T., ani I 4 cents
The following were the 7. NJ. closing prices