The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-04-16
FINANCIAL AND C0M.uERcriL.

MONDAY April l5-P. M.-There was an
unusually largo and excited speculation at the
Stock Exchange. and prices recorded n fur
Their upward turn. the buoyancy having been
more marked than ut any time for several
weeks. although there were indications that
some OF the larger holders were taking advan-
age OF the strength Of the general list to realize
The decline in god TO 1905 added TO the expect
ed placing OF loan Of $50 600 900 of4la per cents
alluded TO last week gave encouragement to the
iniiationsts. and. under the leadership OF Lake
Shore. the Northwesterns. and st. Pauls during
the morning. and Of Western Union in the later
transactions. the general list established an all
vance of hto L. r cent Lake Shore was ~
better Mt CO.,; Northwestern common. ~. at
~; do. preferred. ia at 1874 Delaware
Lackawanna and Hudson. ~ at Oh: Della
IL q 80; DO. preferred, =. at a.
aud Western Union, L, to a. Union Paci-
q To 7O... closing at the highest figures Of the
day. md Morris and ESSEX was / y higher in
the final transactions At 500. Wabash further
advanced o20's from 10 !. with sales of Ohios at
non "a. buyer 3. a. l0'4tp1i is@l1 seller 3. Eric
rallied To ia, and Rock Island, ON more
Michigan Central before midday ran up from
Il t. q hut welded 70 y al the close; and
55i'rihc mai yanEGed at igtm 200 1901 .@2i@
firm. at lO7 "a lOsa lO7',: and the. Hannibal
and s.. Joseph shares moved M to II and 80
New Jersey Central became active during the
afternoon, and rose from 49, 10 Is, buyer 8. IN
tho final dealings.
Tho changes In tho remainder Of the list will
be- found h low, but prices were shade lower
at TIA" close
Tho sharp advance OF the past week has se-
rou~ly lni"rfered with the profits Of several Of
ia" su-called exchanges. whore for u margin of
pensions ol W. 4. Evans 4 Co. W. L. Comings.
and L. I. Motioly Co. were announced: but
IN" report Of the iaiurc of J. T. Pepper Il Co.
d lfttIt lsfI II n
l'rs 81 IN" stock Exchange, however. sent in
Tho tout number Of shares dealt in was
2T.972. OF which Lake Shore. represented 81.
,nui DrNware Ia 'Nawnnna and western.
,2.NW. - innL b 80; DO. ,prrf"rr,d 7.dil.
Wet m Mon. 2inll: Rock Island. - 90.
Pacific MAIL lO.2ij; Eric. oslo: VI i"higan on
Gbiu; Wabash. G.2jU; bruwarr and Hudson
Canal. 4ls3; Hannibal and ~. Joseph 3.GuO
York 'Ceu,ra jil5; NV Jrrsty Ccn i aG7p
Union nPlilr. 1880; G.. G.. G. and l.. 1000. ST.
i,rrri. I50; Qai'hsilyrr. 500; d.. prei.rrred.
100; Kansas Pacific. I25: Cleveland and Pitts
sarsl 500; Chi"as3. Burlington and Quincy
Wayne. . ,; AMI Canton. 200. -
IN" gold market gariy IN - day declined TO
100 but altsrward assumed moro strength,
There were not. however. any special features
The following were the principal quotations.
iooqf4&&N o.: .a Nii ,S i %%FFNH 49, 49,:
IN loHn, the rate, paid for having balances carried
were Ia. =, ~ q. i5s. o. cont. ana nat
tn tNll r Arn-s 40 'ir Gold D. partmeuf of tho Stock
INcNau- wrft s-fHllon, gold balance. - lfn 7ul.
amt rurItuaN balances ~ pln O7H The ~ul Treasury
redeemed s.ipn n called hond- and paid out IN eo.n
interest ou the iuhh, debit Sia 80
The day business AZ the United states sub Treasury
was cold receipts, s.tl III 80; gold payments sol.
lNl -. gold halnucr stp7fit SA Currency r,rcints
~ 90 currency payment slt2u 7ss 10 currency
htlnnc" ~ 80 'sii ~ customs. Sh7sNs
The luiciuN revenue receipts az Washington today
W., $500 amt C .g,,n' rseegi, 5000 The
for redemption The bullion IN the Bank OF England was
INCREASED ll2iup
h. Foreign cNchanse ruled firm throughout the day at
~ ~ AMI - ~ for and demand druts
In tho market the hulk nj the NEGOTIATIONS Ncr,
effected NJ BOB p call hut near the Close the
rat advanced to- Prime discounts short iatc wpre
quoted at6s7,
GuNtrnmcui bonds werc active with the principal bus
moss IN iNai7s -, of -~l ~ ls-i a5. new aul the
~, = cents