The sun., 1878-01-25
FINANCIAL Avn uEHCIAL.

THURSDAY. Jan. PIP. M.-The operation
at the Stock Exchange We're chiefly confined to
Lake Shore. which hncted further rraliz,tions
10y the pool. and under the influence OF which
the price declined from 60. t. Gl'.. The cut
ting Of rats question has suddenly assumed
more significance from the fact that Mr. Van
derhills agent has returned from Montreal
without accomplishing the object of his mis-
sion. and II is understood that the repre- csenta-
tives OF the trunk lines have consequently de-
cidri upon revision of West-bound fire. ght
tariffs at reduction OF 25 y cent or moro.
This has been found necessary because freight
is now shipped from this point and Philadcl
phia 10y .wator TO Portland and thence trans
ported West on the Grand Trunk lin a
saving Of from seven to ten dollars y
ton. and no other alternative Is presented hut n
rcadius,ment Of rates such a. will return this
business To natural channels. The 81. Paul
shares however. wern strong. al an advance IN
the common from 39'. 10 39's. buyer 3, though
IL subsequently reacted tu the opening figures.
and closed 1T 39s,. The preferred at the same
time moved up .. To CO.,. with final sales ut the
highest figures of the day. The Northwcsterns
ruled fevrrish and weak. the common ranging
az 37s@37, seller .. e37 ',@37ia. and the pre-
ferred At d3A@Gs-. Western Cmion Developed
only n limited business ut q, II .@77 ils77'4
though nm attempt WAS mad" TODAY to form
combination for the purpose OF advanring tho
30. for Del Lack and Wrs,crn. and Delaware
and HUDSON sold nt 40 ,eia' "a 49,. ~. Glove
land aud Pittsburgh was | Z = cent lover AT II
and ST Joseph preferred /. at 25i. and Erie
\. at ga but Union Pa,inr rallied rto 6s'..
Chicago. burlington and Quincy ranged at
1903 10 1852. and Pacific Mail at 23A buyer 8.
In ihe New York Mninc Stock Exchange
American consolidated further advanced Ia H.
buyer l5 based upon favorable adNiccs from
the mines, added to the purchase of the Slide
mine, which is now yielding at the rate of
new Stock Exchange. under the direction of
J. :. Clarke Co.. has been established at "A
Broad street.
q 40. Of which Lake Shore rcpresented e.
ciil' Mail, 200; Western Union $500; North
western. $500; do. preferred, 1900; Union
pacilc. 600 Erie. $40; Cleveland and Pitts;
fypress, 2i5; Delaware and Hudson Canal Canal.
soo; hoes l;snd s6o No.; hanabq and $, JosSph
York Central. 3i5; Wabash 225; Illinois Cen
,ral. loO' Marip,9Sa preicrred, 100 New York,
irai 100; 0ntnro Silver, lis st, Louis, KANSAS
u!ty and Northern preferred. 100; and Fort
Wayne. 80.
Tie gold market ruled strong and more ac-
tive. with all of tho transactions At lOl = and
lul T. The foreign aiVlccs continue warlike.
and a confirmation of reports that the English
Ministry would ask of Parliament for supplies
on Monday next served 10 strengthen the pre-
MUM. The confidence OF III" silver advocates
in the Senate also impaired "A firm tone to tho
The following were the rnncipa quotations
iS. ISi Si iq94A SiiS SiS 'sSSFrS s"rS SSIe Se
In loans the rates naM mr having balances carried
Foreign oAeh'usc ruled nunor at ~ ~ and 50 ~
tor ume snd demand dr f. " the actual bn inoss al
Mouc, conunuct iohc ircly on, red on can to the
stock brokers a. ta' s. cent Prime mercantile paper
,dovcrnmcni louis were strong atan advance OF %e4
trri" "Io a., M 81, NJ "a ,,i,l H. H. Al, Az ii 'e,', H. m.
| NJ ~A c'upon4s Fccnt- AT lptF e"npon l~i'- lp",
| lht ioloMlng were The 3 T. NJ e,osing pr,t,s