The sun. [volume] (New York [N.Y.]) 1833-1916, 1879-05-03

Tho stock market was without special futurc
in the old fan'ies, thou N there WIS a ll 'ral
move mcnt IN Delaware. Iarkawunna and West
ern and IN Eric common Wabash and Western
Union WERE ia better demand 40 tine close Ut ina
proving prices. X. c. and Northern, though
active, lost n portion ot the recent advance.
tn ere WAS u hrisk movement and "A consider
ahl" rise ia Iron Mount in. But the most con
spiruouS feature OF the speculation WAS tho
artive husiu'ss and decided advance in sp"ru-
vrr and r. e.. NJ X. 4ni 7. xas. and Jersey
C"ntrais. Iron Mountain seconds slightly de-
rlued. GOyrrum' hts wrr' lrmnr but quiet.
Money WAS easy on call at 2@2'. q cent.
The Governor of Trurcssro has issued
proclamation calling an clrTior. to bee held Aug.
z. for 10" lurpos" of nilnriinE the people of the
state mn opportunity to express th.ir approval
or ii sapproynl Of the settlement IL the States
Indebtedness at % cents on the dollar and 1 q
cent. interest,
Subscriptions to 4 q cent rounding certin-
Gates 81 lcc yesterdays report, Sjll.S1O.
The semi -Rnnualdivd ofthe Prnns vlvania
ltallroud Company. declared to-day. is y cent
~ the PhiadelpLla LedgT last week inumHtod
It would be-.
The purchase Yesterday Of the Montgomery
and Eu aula Railroad WAS made we sup
posed. on behalf OF The Georgia Central Rail
rol Company. The Louisville and Nashville
Railroad Company was prepared to buy tho
road. hnving secured about 81 200 600 out of
the sl4uOOuO ilr-t mortgage bonds, 10 satisfy
which the sale WAS made The price the Louis
VILE and Nashville paid or agreed 20 pay for
these bonds WIS 80, INCLUDING accrued interest
| The GrnrLlH Central pays for the property
80
WHO VIII receive par aud interest in tui on tho
bonds II holds. netting profit Of about s4OO.-
600. This, possibly, may explain tO-day's rise
In Louisville aud Nashville stock.
The great Insurance. trial which has been in
progress for several days before the United
States Court in Cincinnati. aud in which Gov
Nhshhum NJ Wisconsin is plaintiff and the
Westcrn Insurance Company is defendant. ro-
suited today in verdict for the plainug for
the full amount claimed, after ten minutes de-
liberation lS III" Jury. Tho litigation grew out
az tho fire at MINNEAPOLIS ycur ago. which re-
suited IN n mil explosion and loss Of life. This
was test case only ana the amount involved
was 81, 100.
The Farmers Loan and Trust Company Of
this city hus commenced proceedings Tor the
foreclosure Of the mortgage which II holds as
trustee for So OOO coo of bonds on the Western
Union RalrOAd OF Wisconsin and Illinois
A foreclosure suit has been commenced in
| the Sixth United States Circuit Court, Western
! District Of Michigan. by the mortgage bond
| holders Of tho Chicago, Saginaw, and Canada
Railroad. Gen. Daniel t. Sicklos holds slG3 600
Of the bonds.
The purchase OF the Kentucky division Of the
ST. Louis and SOUTHEASTERN Railroad. made 10y
the Louisville and Nashville Railroad Company
April II, was completed yesterday.
Messrs. Fisk 4 Hatch, Nassau street, offer
the new United States per cent bonds To in
vcstors on favorable terms. See their aLver-
| tlsement elsewhere in TO- DAY . sun.