The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-07
FINANCIAL avD cO,ilfERcriL

WEDNESDAY. March G-p. M.-Thcrc was
an increased speculation at the Stock Exchange.
and the recently formed combinations for adj
ancing the Northwesterns and Lake Shore
made further progress. The Inst named favor
itc led the speculative list. and advanced from
62 seller g. to SO !. with final transactions at 63.
The Norhwcsterns. however. were the best
supported, and rise Of =, TO 81 { WIS recorded
In the common. while the preferred seemed
bettsr sustained at a rally Of H. e cent to 6jis.
There was n considerable short interest in the
above shares. which. however. has. as yet. been
only partially covered. The coal stocks inn
proved AcHis cont. nnd this fact cncOur-
aged the Inanipultors Of the bull move
m'ht IN mo leading spn"laltes To mako
iiurtner eNcrtinns. Other prominent sprru-
view, and libcrally supplied the market, which
VIII explain its roaftion after midday. and it,
apparent weakness at the close The failure of
smnh operator ass istod in the late henvinoss
OF the list st. Paul common and preferred.
however. advanced each e, C. cont, to 49,, and
II q for the common aud preferred respective
ly. and closed at tho highest points III the day.
and the sumo may hc remarked II New York
Central which rose = to log with final sulrs Ut
the hitter figures. Eric was p higher. AZ -, in
r,cspons" 10 TN advance in London to 10; hut
the afternoon, when II sud leny becnmr nrtiNe
at recovery from I6h TO IS. and I, yielded only
cent. better AZ l00k. but the Subsequent trnn--
actions were ut 100 and zoos. Michigan Com
ira, ira a rosG To- Go. az "gaidpst sg'' IN
Pacific Mail r%isd 'i from 1'g 81 1 to- 2H"a
with later business at az, to ,2i',. Wabash
Pacific was stimulated into a shade more ativ-
~ ut an Improvement Of p y cent to69.s and
Illinois Central was :, 2 cent. higher at "a !. in
partial response Ia better quotations in Lon
don. Cleyennd and Pittsburgh yielded % 10
e.: and G. C. G. and |, q TO 800 but the re- re-,
we except Ontario silver which further adj
/;
crosse was III" chief feature with sales ut Glct
G3" 60, buyer 60. ~6s buyer >. @67. American
Congratulated sold Ct 81. ex,monthly dividend
OF z cont. ana Moose at St4.
The total number OF shares dealt in was b.
$50. of which Ink Shore represented i5224
Western Union. II $50 s.. Paul. 1851: do. pre-
ferred, 6.63l; Delaware. Lackawanna and West
wnbsh nTG pS: S MS i9r 7S S MaTrs gs
Essex. IL III Michigan Central, .40l Delaware
and Hudson Canal .53O;, Illinois Central.
hurgh. 997; C.. C.. c. and L., $50; Hannibal and
s. Joseph. 400; do. preferred; 800; New Jersey
500; Chicago. Bariington and Quincy. 800
0hios 500; Atlantic and Pacific Telegraph. 1875 !;
Adams Express 40; AMERICAN Exprsss' ~
Wells Fargo Express l7s; and Erie preferred.
The gold market was generally dull at l0lh
with n temporary rally to 1872. hut the dealings
were devoid OF any special significance
The following were the principal quotations.
's s@fS -. iI Sii$. 55SFFS ...... iiS%I',
In 9aq' The rs'e e"d tor having balances carried
Thc total clearing a. the told pepartment Of The Stock
ENohtul, were S-3n,stfs gold balances 81 ti~l az.
and currency balances. 'i7'-s The sun. Treasury
rtd' tiuVi SIS called bonds paid out ia coin
interest on tn iuhlc debt $1,000
the daY hd,n.,, At Ms snlid states sub rrea,ary
~ 27 49, pod balance slUi $50 ~ cnrronc, re-
crtris SHiH 40 ~. currency mriis. AFT ~. to
rrncN balance. So. hti3t- ~ Customs. s-tnOu 500
g. Cancelled gold certrcatcs mt to Washington. u g.
The Internal revenue receipts AZ Washington 20 day
were S@htitf. and the custom rtcoint> SiIlupl Tile
Treasury also received s+5oooo IN national bank notes
Tor redemption
The eNcc' OF the total exports over the imports
Tor months ending Jan ~ amounted Ia SlJ4 7l2.hgH
The earnings ct the Wabash RAILWAY Company the
month u February show dccrcAa n s2 ni ~ a. com.
pared with the CORE spending peri,d at 1871.
The annual report of the Umon Pacific Railroad Com.
pAny shows the surplus earnings to be r. 7~2 ~
decrease ui <4ls,Si1l7 AZ compared with 1870 The
passt uger earnings were nearly tsrtsu less than the
previous year but the irei. ht trac s.3
So %
Foreign exchange ruled quiet esterday quotations
MONEY loaned al q ssA e cent on call and prime
nlrrciIl paper was quoted AZ bfr'ii,
Government bonds continued active. with the volume
OF business unusually large particularly IN l~i,
~ - - oi ~sl. O. ~ 1881, III, a. ami = cents,