The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-04-11
FINANCIAL 4vD COuuERCTiL

WEDNESDAY. April p. NJ. Tho cnrly
operations Of the Stock Eychnng" reflected an
active business. with Lake Shore. the ~. Pluis
Norihwcstcrns. Delaware, Luck. anl Western
and Western Union n the chief speculative
fayoritcs. There was also. during tn, after
noon. larger trade in Ohios and Paoln Mail
the fluctuations In which are given elsewhere
Lake Shore during thu early dealings rallied 10
GG'n hut when the general market yielded in
the llnnl trade this stock dropped to Gj'.. Tho
81. Paus. at the same time. on active trans
actions. sold n; 4G iw iGs for ju-shnrr lot- el
ijh but the preferred represented only "A limit
cd business Mt II g.. seller ,. al Sa7i's North
western common also In IA" late business
broke 10 AZ. having sold earlier in the day ut
49,. and the preferred was down from y q NJ
the opening to II. In OhioS there was also "A
break %. = cont. 81 To-. aud parin' Mail took
drop 10 H.. Wabash was =, . cent. lower ut
~. and Western Union won't down | To- 81.
There was also II decline in Union Pacific "
To- - 9. based upon Washington ndvirc~. Tho
,9hl shares were also weak. with Morris and
E~S"N down to 90 .. but ttr remainder 81 the
LIST did not niirnrt ~I"rnl attention.
III" lat" break iu the "tu'S market was caused
10y rumOr- that the liliiuuur" ana ohio Railroad
o"mpiny had passed. - dividend. This rum-
phny has hitherto paid regular dividends and
ms, moreover. assumed an air II nanrin so.
hditv that lrl many To- r'li"v" that II was beyond
rrurunrh. Later in the day 1t became known
that. instead Of The usual cash div.dcn l. u Scrip
dNid"hd ol four pr cont, had bacon Re- Jared.
The rcallauionS alluded foo lrt week con
uh9"d ANA a general ,-"ll,ng movement WIS
cyidrnc,h In the New York Mining Stock EN-
chnugn there was moro thHn the usual activity
IN Gold Placer which sold at l.nu buyer g. m
$40. buyer 81, "s2uj regular way and La
crosse wus Rl~, hetiNr M ~" i2n /. ~cllrr3 n
-. buyer 30 -: Bertha ani Eiith ran lown
rom II o. -. and then recovered To- Is buyer
60. In flumn- there was stronger tone nj
s3!m. buyer 80. with later sales. however. at
$3.50. buyer D.
The total number Of shares dealt in nj the
Stock Exchange was l43.3D3. Of which Lake
preferred. 2un; Northwestern Is i3l: dn pro-
f"rrnd. 3.4nO: Western Union. l4.61I: Dliip-
Hhn; Pacific Mail. g.iOO; Rock Island l.3in:
ift". 2.tlf; Delaware ana Hudson anal. .iGu.
KANSAS Pw .ilr. Loo: Wabash. $500. t'niln
Ia,itr. l".i; Michigan Central. G2n: Morris
nhal and ~. Joseph, iOb. do preferred Jnd;
Canton. coo; G., u. and Qu.ury 1jn: American
tNpr"s- BOG C.. &. and |. g.. 2ju; chi ago md
ALTON. loo; N"wJer-oy Central. l14; ami Fort
WAYNE 60.
tn" gulu market ruled heavy and lower. with
u further decline from luu,, Ia luu'. Tho
volume u business. however. was not impor-
inc following wrrc the principal quotation. otsoa
i"@hrNNN H.: .i""55&N ii%%, lrN IT,,
IN Loans tlio rites nd Tor having haancr, carrcd were
Ing aio,nr,n. AZ ine .old department of the STOCK
smi car1,ng, na's,c. :. ai 97 H., s. r'ca.r,
drrmrd st""iu 'lll'i huui. and paid M c,dn IN
tust uu Tine public dru siifrr
Tic fur,l NNrNlu-r market WAS nrn. Al a. ~ nul
- ~l'. ter time ami irWtud draft. rcsp.ctNrl,
IA tie money market cA luuus RANGED at tt.7 - cent
Hl ni,'.lh,- commercial ncrrpiaucrs met with pur
&C., rnmcui loni. were gcncral, quiet I'm, cio.cIdul