The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-03-30

FRIDAY, March 29-P. M.-The operations
in the stock market reflected n largo business in
Delaware, Iackawanna and Western. Lake
Shore Northwestern common. and st. Paul
common. whilo during the afternoon Pacific
Mail took an upward stride to 20A. rs against
1879 in the early transactions; but tho prico
suddenly dropped to 1917. although closing at
1914. The story about being able 10 get rid OF
some Of its worthless steamers to the English
Government 10 shoor nonsense. although it
cilcctuay frightened n number OF shorts into
covering their contracts. Lake shore went
down to CT ~. hut during the afternoon dnnlings
nHrovcrcd l y cent" and cos't ~ G4tmGi's.
lhe NJ. raul and NOrthwps "rn shares, how
over, were weak. and r'lrcfH', u good selling
movement under inspiration ~ huoygn"y. very
naturally induced nv the war,ikp information
from Europe; and Western Union, IA also Wa
nush. showed signs az weakness sunrially the
later, which dropped g cent 10 ~. Tho
coal stocks however. were the conspicuous fea-
lures OF tho morning business, Delaware.
lAckgwanna and Western rising from 5i',
7, 56d, although rcqcting near the close to
ware and HUDSON was ~ = cont. better
q 56%, while Morris and Essex rose from
TN to 794 The remainder Of the list
was not specially noticeable. but C.. C.. c. and l.
advanced ! = cent. to 80: and Cleveland and
yielding to 7G'6 ut the close. Rock Island how
ever. seemed Ia be weak at 1O3AmlO3A: and
G., G. and ]. c. attracted more attention after 1
were active transactions in American Express
at i9n4S's for 20 shares ep4J and Eric at
tractcd notice Mt l0769 1925 as well az Kansas
Pacific at g@04mSii at the close. In Michigan
Central the range was G5 80 50 soGj s@Gj; and
OhiOs sold nj 90 S'imS7s.
In the Now York Mining Stock Exchange. La
crosse was very active at 47@is. buyer 100
40, seller 3O@i4. buyer ~, seller 60.
The total number OF shares dealt in was 1885,
400. of which Delaware. Lnrkawanna and West
ern represented 53.2s0; Lake Shore. 22.2lO;
raeic M9I $500 s. Paul - sS goo do prefer
rod $500: Morris and Essex. l0.2OO; Delaware
and Hudson Canal. G92g: Western Union,
t.2io; Wabash 1000; New Jersey Central
1000 Rock Island 700; c.. e. and / G., 300:
C., c. c. and l.. | 200: Cleveland and Pittsburgh
1.525. Erie. 2.9lO; Michigan Central. ] 900
Ohios. 2,iOO; St Louis. knusas City and North
ern preferred. 500: Hannibal and ST. Joseph.
BOO: American Express 800; Burlington. Cedar
Rapids and Northern, 800; New Jersey South
ern. 400 Atlantic and Pacific Telegraph. 200;
and Harlem, 80.
In the gold market n strong tone controlled
the transactions, because of the war rumors
from London. Th' Principal dealings were at
lOl's. although ten ~ rarily dropping TO lOl's ;
but opening and closing at the higher figures.
The following were the principal quotations
iooSS,h ioi.. 1871 n III. + N. ioi,
In loans the rates paid for having balances carried
were ~ :. ~. aud . 9 cent
Exchange we're SIS 4s oon. void balances 81 $50 ~
and curency balances ,o7G45a The snbTra,ure re.
tsrcst on the public debt SldOin
Foreign exchange ruled quiet nut nrn at 81 s7,i and
eessiuns however. Of isc in actual trade.
In the money market loans on cal where nrstclass
collateral wa. pledged. ranged nj 4's@5 T. cent. ami
prime discounts were quoted rs formerly at Jes0ls
Government bonds were active and hrmer although
opening weak The Investment densnd from capitalists
aud private investors rerccpth, increased during the
anernoon There were ase transactions In IS OF 1881,
| ietos lsd7s, is OF 1891. aud tllc ~ z cents.
Tile following were the T.. VI closing prices