The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-02-12
FINANCIAL AND COMMERCIAL.

MONDAY. Feb. LIP. M.-Speculntion ut
the Stock Exchange started on with fr'sh ac-
tivty ON tho part OF the bear element Of the
market, with the leading shares heavily raided
until after midday. when. under tho influence
of purchases to cover short contracts. n partial
rally was recorded. Western Union was no.
tceably active NJ Il decline from 76's seller g. TO
75s. with final transactions ut 15'i ahd Lake
Shore. although advancing early ia the day
from 81 to .. dropped to COS. seller g. before
tho second board. but closed at 81 u. buyer 3.
Northwestern common. however. reflected II
fair degree Of strength until after ~ o'clock
having ranged at 33 1888 'a'a33s. but from
THE point II suddenly droppod to 49,.
with rally. however, TO s3-s in tho final
hour. and closing at ST. The preferred
NJ the same time sold at 600 80 .@GO' ~ So, az
60 90 dOls. The chief attra ton. however. Of
the morning was found in iha coal stocks. with
a break IN Delaware and Hudson from A..
seller 3. to 46A. on n report we'll circulated
thnt the charter OF ths company had been
vitated by the recent action Of the directors in
Joining the coal combination; and Delaware
Il ekawanna and Western also broke from 10
70 ~. partly in sympathy, and partly because n
large number Of holders who had bought sev-
era weeks ago in expectation Of arise incident
become weary ~ their burdens. and throw over
board their unlucky ventures. The weakness
81 Heading and Pennsylvania Central in the
Philadelphia market also encouraged ia" bears
10 further attaek The eoal shares while, at the
frightened into selling because the prospects
OF u satisfactory arrangement between the
this evening were not regarded as fattcrng;
MSrris i aud Esssx droapped : Gent to 1'7 74
4 to 49, Rock Island. ;, e. 90. New Jersey
Central ;. 10 ldt and Eric. =. TO o.. The st;
q Z cont. to &c., and IS +. FOR the common and
preferred respectively. but were prominent IN
the partial recsoy.cry Of The afternoon When ihcy
% ,d25. buyer 3. for the preferred; and Wa
The market closed feverish and unscitl'l
and prices, would have recorded stll lover
ben more battle-ground in chara, ter a,
The total number Of shares dealt in was %
700. Of which Lake Shore represented ?223Q;
Northwsstorn $500. Western linton. il $40:
ST. Paul, 500; do. prclerred. 1920, Delaware
Mchiran Gemi i ' i.Gi8: NV York Ccntral'
1900; New ,JIers,y Sentrql. 49,; Rex Island
fr T' 7o6. Morris iris and Essex. 600: 0hios
5ul; Wabash Az: C., C.. c. and l.. poo; Erie,
M Nh k SGo rssp @ MlsTpaI 2oS p3 a.
clhr Telegraph Company. loo; Burlington and
Solar Rppnds no.; G. G.. and |. G. 100; Cleye-
100; n J. Southern 100; and American En-
press. 30.
mo EOhl market presented no FEATURES OF
special interest The tone. however WIS firm.
and the price advanced from lOl = 10 lu2. and
closed nj the higher figures. Mother home nor
foreign influences induced fresh speculation.
The following were the pnncipal quotations
lnA loi', u 25 + iuI7. l2arPN io2
1000 NJ. p2 l.l9 " ..lu2 IHeP lu1
In Loans the rates paid Tor having balances carried
were q. I. "a. and r cent
The total clearinrs al the Gold De the Stock
EXchange were s2.idtonu, gold balances Si474un.
and currency balances sl,FIh'n The snb'lrenSury
redeemed Slsi 40 in called bonds, and paid uut IN
interest on the public debt s2s M
The DAYS business at the llted States sub Treasury
was. Gold receipts. Sh2Tu4i ~, gold payments sou
10 NJ gold balance, SlO aht 60 10 mole rcccint. ss
5ls's- nou payments 81, 4sl III ~ balance, sJi
III N7i ~ Customs, SEtUn
lhe internal revenue REGENTS AT Washington TODAY
were Sitiisn. and the custom rtcrilt. sAtuUIa The
Treasury also received $4,000 Ia national notes
tor redemption
The Bank ol England lost in bullion today fsgs fer
shipment "a this port The Imperial Bank GernlanN
gained IN specie during The past week l4IpttpmHrk-
The earnings OF the Milwaukee aud - PAM RdilwdY
Company for the first week III February showed au A.
erase Of st2OD compared with the cOrrrsponiin.
period Of last year. and the earning OF tbs ST luurs
Kansas CIV aud Northern Tor the same time a-n u
creased slu3tuAl
~ slAa Tor time and demand dr.fs re- pe'uN'lh
In tile money MAJ Eooi hnrt"MVrs "Ni"ucnc'i No
dng ull IN moenns their roauirem.n n A., tt.r IN
whilc ue renewal Of loans wa AT SlGl '"N '"'"' ""
fime neltAnte pnINer, weak aud liver with Aales nt
no'erm"'pA-l nj lOl s@lOl registered do ~ iui 40
COY rdupun 0+ls at luI. coupon 1875 NJ in5 sn5l
,uupnh lsAls new. at luslu2s registered o 1851 nj
GENE nj ltN' ,sluik. '
Ilt following were the +. ". Vloslug ur,ees.