The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-04-25
FINANCIAL AND COMMERCIAL

WEDNESDAY, April PAP M.-There was
very active speculation at the Stock Exchange.
and the transactions were on u scale oil unusual
magnitude. Lake Shore led the speculative
list. and after advancing in the early dealings
from G3ii to Gi1a took u sudden downward turn
soon after midday. recording a break to G2is.
although recovering to GA at the close. Tho
Northwestern shares. as also 81. Paus. Della
ware. Lackawanna and Western. and Western
Union exhibited much strength before II
o'clock but the general market broke at or be-
fore the second call. ON attempts by the moro
prominent operators to realize. Erie reflect
ed more activity at the commencement OF
business but became the chief speculative fea-
ture about midday, when announcement was
made that the foreclosure sale ordered for to-
day would proceed; and under this influence
the price advanced cent. TO - = ut the close.
with 1872 freely bid in street circles after 3 p.
~ This action OF the, courts is triumph for
scheme will probably be elected President.
Ohios wore weaker, and dropped from Q TO
81. but Pacific Mail took an upward turn 10 q.
buyer 3; Wabash. however, CONTINUED weak.
and further declined 10 l6 q. but Michigan Cen
trial. on reports that Vanderbilt had been re-
Gently a. large purchaser. rose from - 2 10 luA.
Rock Island. after selling az lO5 1857.
dropped z cent; 10 lOi q, but during the gem
eral nrmness which characterized the late trans
actions. this stock rose to 1867. New Jersey
Central however. was more active at decline
OF p cent. to 49,. The remainder Of the list
did not attract special attention. but tho general
market closed strong at about the highest prices
Of the day.
The total number Of shares dealt IN was ga
7iO. Of which Lake Shore represented 81 .OiO;
northwestern. ,45.725 do pref. $1,000; Erie
% 400: St. Paul. 26.Guo; do. pref. 500; Wc-t-
ern Union, 2IA50: Delaware, Lackuwnnna and
Western ljlsn: Re'k Island. 1915; Ohlos
6.6o1; Pacific Mail. 100; Wabash. 1900: NV
Jersey Central. . j72; Delaware and Hudson
Canal, loo: Michigan Central i9l7: Morris
and fsseN, 43u: NJ. X. and Tryls. 300; New
York Central. 90; Union P.ihr. AlO; g., c..
G. and l.. 300: Chicago and Alton. 201: Kansas
Pacific, 325 C.. 4. and |. C.. 100: Adams EN-
press. 10; Cleveland and Pittsburgh. 100;
Wells Fargo Express $50; Illinois Central. POO;
100. Erie preferred. I 2 and Fort Wayne. 81.
tn" gold market opened strong ~ lont in
view uI the specie engagements of sGlnuO fNr
shipment today. ana of soNuuoo for to-mor-
rows steamers; but the priee subs lqueutiy
yielded and closed 10 luu 't.
The ioAoWiul we're thc pfu..lal quotations of gold.
i22ff,NEN fiy. 5EE ..i t. 8,
ln l.aa- 'hs t.ts, oa.l ior having balances carried
VOC % -.t... auII a'f . cent
~ lit ~ TO- si d .i i, H. w ~ '', 'i
,urrrur, luln.. - ll7t.l fnesIt tf..-Ht redeemed
t'','. in ' ..d ,n, a'd paid on' ~ eonihrrcst on
lhroi' lu.'o,.. At ne t.giiei states SUI. Treasury
7-i d.. .s.l 't.tnrc sr- ~ ~ q tar'r.v re-
css,i t1,..i5' - gs'ic4.,1 n"ymcm, 't- ,g' cur
d." o. uH. i'' .nuc De-. .irf- q. Washington today
Nc ~. $500 ang ,n' ,m t.e, sai" me
ur ''dcmtA 20 lhc bullion ln the B.nk o England was
-ci.n Nrsnsr remained quot at - ~ and a. Se,,
iof ln' nd demand hll- respectively, with concessions
stock collateral RANGED du1ng nic morning at 5sn
c,ut. tu lual NO. Latons az = Pl.mc discounts
no,cinu,,t bonds rul,d stt1dv hut less active with
III" unn'a tnt.', tons an currency os, 10 iO,, aud
| III, following ver, the Q 2 NJ closing prices,