The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-08-08
FINANCIAL and COMMERcI.iH.

"WEDNESDAY, Aug. 7-P M-The specula-
ton at the Stock Exchange started on active
and buoyant. accompanied 10y an advance in
some Of the spccialtios Of .@ e cent. as COM
pared with Tuesdays final figures but tho de-
monstrativc bulls Of the past few days were
soon discovered 10 be the principal sellers. with
the 81. Paul shares as the chief points Of at
tack. Lake Shore was also literally sold. so
long AS the market would take the stock. and
the Northwesterns were then subjected 10 SCI
we're attack. which carried down the common
from 3dA 70 "a at the close. the preferred
having yielded "a e cent. to G5's. st. Paul
common broke - e cent. 10 81 = and the pre-
ferrcd 10 7O',. Western Union after selling in
the early dealings at 9Os. de lined to 9Oii with
final sales AT the latter figures; and Erie under
the influence of free realiZations by the cliuuc
which controls Lake Shore. broke g cent. TO
l!s. Delaware, La'kawanna and Western was
Ia lower. at 33'. and Lake Shore a. at Ga.
with subsequent transactions AZ G2 3. buyer so
92f. Illinois Central declined p cent 10 So
Michigan Central also / To "a and Union Pa
ciflc, after rallying from Ca 10 O. =, closed at
"a. seller 3. Morris aud Essex however as
s sum lirm hS tone at an im{royem"n Of
70 81 a. with offerings at 5O', in the final hour.
New Jersey Central yielded "a To 30 a but Ohios
were we, nrner AZ . sgo = Inc remainder oI the
The operations Of the day developed simply
n brokers' market; but some Of the sellers If
the st. Paul- based their movements on adviccs
from the West That the new wheat now being
prepared Tor market does not yield as much Us
crop prospects in those sections traycrsed by
this limo are less encouraging than last week.
Tho Indications are that for some days We shall
record an irregular market which Will be ma
nipulated up and down on Il range of about 2er3
G cent; The small buyers OF stocks Yesterday
controlled the final transactions.
Tho total number OF shares dealt In was 49,
preferred. "a. l22; Northwestern. 2OG55: do.
preferred. 2OsO0; Erie, 5000 Delaware, Lack
9Y a5a RAP and HMestern5 ol64o3; Lake Shore
l Essex goo; o3hlos, s25; MY Jersey Cenlrs.
Delaware and Hudson Canal. 724; Ontario
Silver, 40; New York Central, POS; Pacific Mail
ll9O; e.. G and i G., lOO; G., p and Quincy, 100;
Cleyeland and Pittsburgh 100 and Harlem. 81
Tho gold market continued dull. aud without
prrsehunf any features worthy Of special re-
In loans ne rates paid Tor the use Of gold were q.
lhe total elesngs At the sol department q the stock
iaTreaeS %SIs IA r s S sS amt
~ IN Iatg n.na. ""d PAID Out IN com interest on
The days business IT the United states sub.rres.ury
MA con r,egt' ~ q. q 10 payments g. ~
sdlI,67o, TO- payments. $50. tsesI, io balance,
500 7'iS - Customs, s+s213 Cancelled gold Ger
vi1 ns SIn9 a rsiGh s ,SSen' a, Mah9;oa 'osy
irrtsuA a,o received s7-o,rp IA national bahA notes
The sGI,ciiptons today to the - cent loan. Il. re.
ported from Washington. amounted 10 - ,Gsfpln
The rseSei 81 nrt oe,S9 ~ Si19
amounting to t2,+ oUushc .anh to shipments o J,3nJS
bushels, and The Shipments 7i5Ii WIN the c,rn ic'
eer, Sa 3 Ga,sIs " SnS me ,eGe9,, & ~ ant
= Tor TINE a,a demand iI!it' "'lh actual sales at
In the money market good borrowers pledge Of an.
R csa nSs Of oas on eH az ~ ee s i9 ns.
class mercantile aoccpianees passed ~ as4
Government bonds were a trillr nlmrr. pnrtcuiariy
SSSp' , :. % , 1e an I@9 ,n [nSeson' also an a
o., ~. s dSi..H psgar'Msnt today issued another call
he me- Ntrr 1 he 4 0l,a