The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-06-27

Tho stock market was more ae'tvo to-day. and
the speculation embraced some new features.
There was removed attention given to Wabash,
n large business in X. c. and Northern. the coal
shares were active and buoyani twcakening to-
ward the closel. and the Manhattan Railways
dealt in 10 some extent at the FIRST call. Tho
Granger roads and Trunk lines comparatively
dull; The only imporinnt changes were
Advanced-Del. and Hudson. = (: Chicago and
Alton. a Morris and Essex, = Iron Mountain.
a; Louevilo and ~, "a: Han; and 81. joseph,
C.. C. and Ind, y.
The business in railroad bonds was marked
by increased activity in Jersey Central and
Kansas Pacific issues. without, however. i'm
portant change in prices Governments were
active. Irregular in tone. without important
change in values There was general
business in Stnte bonds Louisiana consos do
ing heuer in the later dealings. Money on call
2ism3ii Z cent. Sterling exchange custer at
s4.s7 for primo si1ty-day bills.
Crude petroleum IN bulk is now selling in
this market Mt % cents z gallon. A week
ago the price was 4 cents. The decline ia due
to the commrnccmcnt 81 operntions by the new
pipe line from the Bradford district 10 Will
ferred 10 tank cars and i brought over the
Beading Railroad and the New Jersey Central
Railroad to New York. In consequence Of this
competition the Pennsylvania Railroad Com
PAW has announced a reduction Of from tllO
. So cents bnrrel from the river district To
New York. and one Of from IS cents 10 80 cents
u barrel from the Bradford district Core
spending reductions have been made on the
New York Central and Erie roads. and tho
United Pho Lines have also reduced their
rates for transferring oil from the wells 10 the
railroads from 20 cents 10 cents barrel.
The bids for 5000 Of a. & cent. bonds Of
the town OF Hartford wcre opened Yesterday.
None was below uar, and S3.3OOOOO Of bids
were above par. The allotment OF the sljO.O1O
was mad" at an average OF little over 4 cent.
premium.
Sales Of tho now virginia 4 q cents are re-
ported in Baltimore at 5lts.
A letter from Guavmns Of the 18Th. snys that
the commencement Of the building u the Quay
mas and VI Paso Railroad by the Atrhison.
Topeka aud Santa - Company awaits tho APP
pr0yu OF certain notifications IN concession
heretofore made. which is likely to delay the
beginning OF the work.
II is reported that several large English mil
lers are discussing the propricty Of going out
of the business. They cannot compete with
American millrrs aud make money--lt least on
American grain. The -four is supplied from
this side at 50 cheap q rute that 10 does not pay
TO import our wheat and grind it there.
For the week ending and including juno %
the business done upon the canals WAS ~ fol-
lows: During 1878 s3i .2S4.l6 were received in
tolls from 1906 tons 81 freight carried For
the week this year the figures are: Tolls. $26.
$780, and tonnage. us 527 tons.
The stock Of the Manhattan Elevated Railroad
COMPANY aggrrgating 10000 shares OF slO(
each. having been admitted to the list OF Ia,
Stock EXchange was drnit in Yesterday for tn,
first time. IL opened NJ 40 y. and WIS advanced
to 30. at which figure 20 shares were sold.