The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-04-10

The sales OF hank shares embraced American
Exchange at LOG =, Park at 100. and Republic at
braccd Me,ropolltan 1851; Citizens Of Brook
lyn. II Harlem 45A ; brooklyn. l4l's.
Money was comparatively easy at SOC = cent.
on call. but q cent. occasionally paid.
Sales were made at auction, at the Merchants
Exchange, OF the following, among other stocks:
$1,000 Chicago and Canada southern Railrond
nrst mortgage Z Z cent. bonds. October. 1874.
coupon on "a 10 shares Metropolitan Gas light
Company. 500 each, l25,a; 80 Citizens Gas
Harlem GasRht Company. $50 each 49, 10
Br9oklyn Gaslight Company. s25 each, AZ;
1870 40 ST Nicholas Fire Insurance Company
t25 each. 75'a; % New York Equitable In
s1rsn S%S9 so q hi 64 70 ETS in
turers' and Rulters' Insurance Company. 500
each. $40; = Clinton Hall Association. 500
Al the coal auction sale by tho Delaware and
HUDSON Canal Company steamer coal brought
t202 % s2.05 per ton. against s225 in March
81 TO s2i2,, against s225 10 s. aud s S;,,
81 To 500. against 500 70 S2.61A. These
prices show a profit Of less than 90 cents per
ton. and would require the company to sell AT
least 100000 tons this year in order TO meet
the interest ON It's bonded debt alone.
=, The contest between the Chicago and Alton
he wabash on the other. ior the the bG asH
worry damaging 10 ali parties. The Chicago and
Alton has recently extended It's line through
Missouri to Kansas City. and therefore claims
an increased allotment Of traffic. This the
Wabash and Kansas City and Northern refuse,
and an active cutting OF rates Is impending,
the Chicago and Alton has fallen to 75. Kansas
City and Northern preferred to 500 and Wa
bash 10 49,. Thus directors fight and stock
holders pay
The Treasury Department last evening Is
sued a call for the redemption OF sl00OOO01 Of
l0-40 bonds Of 1854, Of which 5000 900 are
coupon and {7.OOO.OO0 registered bonds. The
principal and accrued interest Will be paid ut
the Treasury on the 9th OF July next. on which
descriptions Of the bonds; Coupon bonds-s5O.
No, TO No. 5000. 800, No, 10 No. 1000 $500,
No to No. 1900 q zoo Ne 70 Ne 1909 al
goo; so, No. 10 NJ. 900; $500, Ne. !, 70 No.
loo: 81 900, No. | to No. 5000; IS 600 No. TO
sive
1t is Officially announced that the Bank Of
Commerce, in view OF the disappointment Of
Der centum bonds they wantrd has agreed TO
reIinuuish TO them $lOOOOOOO out Of the tlO.-
100000 subscribed for on Friday last.
The purchasers OF the new per cents arc
giving very nearly par for them in gold. The
bonds are payable principal and interest in
coin. which means silver MS well as gold
not 10 say probablity-that in year from
now the interest on these bonds may he paid in
This is point for investors, particularly
trustees 10 consider moro seriously than many
VI tll'Hl nNciAl ~ hp WINS
There is slight movement in philadelphia
ia the stock OF tho recognized Northern Pacific
Railroad Company The preferred stock ID
selling at about 2S's and tho common at 90.
UntaXed Philadephias six per cents are selling
| in that city at III. At this price they pay the
| purchaser only per cent. on his Investment
| while he holds them. and when tho loss OF the
premium ut maturity is considered not much
more than a. per cent.
Tho bill known rs the Pittsburgh Riot act,
| making the State Of Pennsylvania Liable for
damages caused by the riots OF 1877. and ap-
| definitely postponed in the Pennsylvania House
| his morning by vote OF yeas lO8, nays 96. A
motion TO reconsider WAS made. which was sup
| plemcnted by a motion 10 postpone reconsider
| alton Tor the present. Tho latter motion was
| adOpted-yeas 100, nays 81.
| The ease In the money market and tho i'm
| provemcnt of the credit OF the city OF Chicago
| have brought the Cook County " cents up to
| par
Cincinnati 7-3Os issued for tho Southern
| Railroad are hold at III and the gold skies
| nj lOl.
The Common Council Of Detroit passed a
| resolution last night requesting the Legisla ure
| to amend the charter of tho city so ms 10 allow
the city to issue bonds To the amount of 100 OOU
| to purchase Belle Island and the construction
| OF a bridge across the American channel
| Holders Of the LIST mortgage bonds Of tho
| Columbus. Chicago and Indiana Central Rail
| road are getting impatient Tor decision in their
| suit against tho Pennsylvania railroad Com
| lany. Tho case was argued AT Newport, II. L.
| last August. before Justice Harlan OF the United
| States Supreme Court and Is still under advise
| ment. Tho hondholders claim that the Penn
| sylyana Railroad Company. as guarantor ol
the rent agreed to he paid for the C., c. and
| G. road by the Pittsburgh, CINCINNATI and ~
Louis liailrond Company, should be compelled
TO pay II. and thus furnish means for PAYING
| them their interest Tho punus Ylyania Rail.