The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-06-20

THURSDAY. June 10.

THURSDAY June 10.
The stock market opened active for the lead
ing fances, with Michigan Central. Lake Shore.
Erie. the Granger roads Del. J.. and Western.
and n. j, Central taking decided lead in the
being somewhat neglected. Prices were gen
orally stronger. except for the, coal roads,
market ma closed. The more important changes Ss
were: Advanced-CanadaS Southern. "a Hanni-
SH @1a st. j1 Kansas S baee oGnT ke h ISn
Texas. ( YSrthwestcrn. 4 K; Z. and W, X;
UnIon. i. Observation-Disclosures. Lackawanna
and Western h Delaware and HUI, Hudson
general ni dsmani. but there was Speculation min in
the new Fries. the Rome. w. and o. hrsts. and
the Mo-. X and Texas issues at better prices.
per cents, and were lower. except for the skies
Of 1881, louisiana consols declined. Money
on CALL sea per cent.
A dividend Of "a = cent has been declared
on the stock OF the Lake Shore Railway Com
pany. payable Aug. l.
A dividend q u 2 cent. has been declared
Company. payable Aug, l.. This is for six
months. the last dividend having been paid
Feb. when II was y cent, MAXI ~ =
thing from the 2 = cent quarterly promised n
short time ago.
The Philadelphia and Reading Railroad Com
pany offer to the holders OF their first mortgage
loans. maturing July /. 1850. and amounting TO
about $4,000 900, the privilege, until Sept l,
1879. OF extending the same, upon payment OF
10 Z cent, premium, for thirty years from. July
/. 1880. with interest at the rate OF cent per
annum, payable semi-annuauy.
A sale Of 81 800 Pittsburgh avenue IL is re-
ported in Pittsburgh at lO6 the highest price
since tho default in interest two years ago.
Those who bought these bonds ut the quota
tons current last winter have. with the back
interest paid. realized more than double their
investment
The bids for 81 .OOO. 900 OF Cincinnati Southern
Tuesday, The Third National Bank and Ssso-
twenty years Espy, Hedlebach Co. bid l00'52
| for 7. cont. bonds running thirty. years; and
| Sweet Co. OF Boston bid lOl.GGS for y cent
bonds running thirty years. The award was
| made TO the latter firm at their bid.
The Treasurer OF Michigan attempted re-
| Gently TO purchase and retro tho State y
| cent bonds due in 1883, but an Amsterdam
| 10 exchange them on even forms for United
States "a D. centum bonds running until 1891.
| or 10 surrender them for loss than 10 y cent.
premium, with accrued interest.
According TO the Toronto Globe. the imports
| into Canada during the first six weeks follow
| ing tho adoption Of the new protective tariff
were IS. 0S9, 296 and the duties collected on the
goods t935OO7 During the corresponding
period OF last year, under the old tariff, the inn
ports were tl0.ll0745 and tho duties 81 4S2 SOC.
At the meeting Of the New York. Lake Erie
James \. Keene was placed upon the Executive
| Committee.
The directors OF thirteen of the Vanderbilt
| railroads were IN session at the, Grand Central
| Depot day. The Chicago and Canada South
ern elected Augustus sehell President in place
| OF sidney Dillon aud j.. a. Wickos Vice Presi-
tory the Resignation Of Francis F. Freeman was
| accepted. aud ID. o. Mills OF California was
| chosen to takO his place.
The President OF the Imperial Bank said in
ernment had already lost 92.5O0.00O marks by
| its sales OF silver.