The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-08

THURSDAY, March 7-P. M.-The combi

THURSDAY March 7-P. M.--The combina-
tions operating for rise at the Stock Exchange
met with considerable opposition in their en-
beavers to advance Lake Shore. which was tho
acknowledged leader OF the market. and record
ed tho larger transactions The decline in this
stock from GO at the opening to 617s. seller g.
near the close. was the result Of large offerings
by genuine holders. which included some menu
bcrs of the pools. and served to check n moro
buoyant feeling which had recently become APP
parent; but at the same time the Northwcstcrns
and st. Pauls were vigorously sustained. and
before the day closed resulted in substantial
advance OF the first named Z and Ia y cent. TO
3T's and &C., for the common and preferred re-
spectiycly.. st. Paul common was also moro
actively dealt in, and moved up from
u.s., to So's; and the preferred was 4,
best snrds s Of ,bs s az eWI2sng firm at The
though not prominently entering into the on
crations OF the day. assisted in sustaining the
per cent. to 77's, but gradually yielded = ia
the Anal hour. and and New York Central was also,
LOG for small lots. There was, also stronger
tone impaired to Erie. which rose To los, in
partial All rfps rpa TO- an advance in London 70
224, but lost = in the final hour The coal
stocks were better manipulated than on wcdnes-
day, although the transactions were less i'm
portant. but in g., c.. 9. and there was break
Of y. per cent. to y, with a Subsequent rally
70 vs. az % s IN
on n few transactions. due to covering OF the
shorts, rallied from Gsl. to e9i... Canton sold at
Island at ioo "a" ioo q; and New Jersey Central
Mt 15,s@15ia. the remainder OF the list not pre-
senting any special features.
The movements OF the day resulted In oonsid-
cradle realizations OF few leading stocks while
the remainder OF the leading shares was kept
market: but II il probable that on Friday there
VIII have been discovered considerable cheat
ing among the members OF the various pools
which have organized the recent upward move
ment
The total number Of shares dealt In was 1885,
326. OF which Lake Shore represented AZ. 375 I;
Northwcstern.. 25,77o; do preferred, ~ $50; It.
Paul. l2.65O; do. preferred 5.400: Erie. SIPS ;
sSa pS and Westsrn s
tsvesad and 2 ~ 900 a4 Rock Iss ssS&
gan Central. 65l Morris and Essex. 500 New
Jersey Central. $50; Ohios. 600 II. Louis. Kan
sas City and Northern, 500 Wabash. 800; Chi.
and Sc. Joseph. 200 United States Express
206 New York New Haven and Hartford 173 ;
lem. GO.
The gold market presented no features Of
limited Of the Hs srS WAS at were
In loans The rates paid Tor having balances carried
rhe total clearing. a the Gold Department Stock
hA a eaTfsn @y' S.snee s9 Th% s
redeemed sssso2 IN called nonds and paid out in coin
luuftst on ulc punnt dcbt. S-oI.bD
The internal revenue receipts Washington to day
were SI3T.tpp. and the custom receipts StNiUD The
Treasury also received siV5OO ia national bank not.
Tor redemption
The bullion In the Bank of England decreased f6i
bpduring the past week. the loss TODAY having bee
flOUO The Bank OF France gained I6yOUUU francs
during the past week
For, n eschan.g ruled qgc, but steady at - s,,, and
- -. FOR time and demand drafts. with OF
hSl II cent IN actual business
MONEY continued IN ample supply borrowers on call
AT tisi cont where approved stock collateral was
plcdg i Prime mercantile ncccDtAnces OF 4 and o
month, date rnnsrd at 5sbt,
GuNcrnmV bonds AGAIN &C tive but lower under
The influence of continued reailations The London
market however was strong AMI higher until near the
close when 1855 dscncd to lu5A The prncipal trans.
acton, IN D o leei 1868 IA cents os isi
and lr'io-. new