The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-10-24
fINANcIAL AAD COMMERCIAL.

SATURDAY, Oct 22-P. M-The week closed
with dul and quiet market. IN Wal street. E-uNa,
srares were specially inactive and devoid oi spccu
l.tye interest during the early rortion OF toe day,
tue ten rtr Of the market having boon heavy tAou,A
tie nIt.4atuus were uniu poriant. Att,r tie al
jl'.. %. % the Second Board, . vigorous attack
..... ...~ ,,or made upon Pac,Gc Mail by pariie-
.' Tor a decline, and the price of This stoca
iced doNn T.. per cent to a. Tn- move.
hoDttv eu,lY surprised those clilues who have lecL
heretofore SUSTAINING the market. and before tlv.
u Gee led IN ralyi % the support VI their avou
tie entire Ii, 81 active shares declined = 10 !. Per
'ent mere wa sight Improvement on rereip, OF
the favorable Bank statement, but the pressure 10
realize was marked, and the general market closed
eayy. The principal features besides Pacific Mai
were Western Union Telegraph. Wabash, North
western preferred, e. Pauls Lake Shore aud New
York Central, tie balance oil tie list being uuUsua
quiet
A. forcstadowed in this mornings columns, the
hears IN cold we've subjected to another squeeze"
10 DAY, and the biggest prices yet paid by borrO
Tor the use OF coin were consequently recorded
The various rates are given below Our readers
have been apprized Of The existence OF a CLIQUE ~
combination 10 gold which had tie power to coEpc
the short iGterc.t 10 pay Whatever rates they might
determine tor the of coin 10 the delivery short
available tor USE has teen daily decreasing because
OF heavy payments into the Treasury tor customs.
well as the Increased short sales IN olen market
added TO the CONF aratyely small Treasury disburse.
mouts. The object OF this Clique was not SO much
TO q vance the price Of the premium ~ to make
their PROFITS out OF eIOrbltall inlcrest-nearly l3I
per cent. per anuum, being the highest rate
uaid to-day. TIE movement was assisted tAis
afternoon by dispatches from Washington that
the Secretary Of the Treasury wold no
anticipate the payment Of the November
interest until the 2sth instant which would
praoucaly keep the short interest at disadvantage
or auotL,r week No such in formation had been
received, however, at the subTrcasury before the
close OF business, and Mr. Byutwtlrs wcll-kuoau
intention 70 interfere IN any re;ttiuon Of the eG
IRENE rates ol lat week induced many to believe
that 'te Washington tcicerams were employed as
one OF UAr Wall sutet devices The sIlCs ~ gOl'.
"h'h ~ g. 'i7 '.Ae had been ~ ll.AaGil2',, cod.
,anc,d iu ~ Dee D,ttcs' fAies pad ur tAc use O.
old also, beng ltlrl.ei alter the reports al. 'o
.It'iel u" H.' u, me cur X upoh me street.
Tue m1rrH t.o'rd -uonc II ll3 bid IL tn gold
3,h sIS., We ', -, ba "r ID, use o. CON "ll
rer cent Toward =. NJ h,sr gadriers y one p4
Csnt "Is rant under W. luc' Tor tuc account q.
parly VINO deauiied % his ,orirIct, though the
rate n scarcely qu0'alc one. The tot. ccAr!ngs
at the uoll Exchange Bank we're $'9,0i2 OJC gold
balances, O. SO ~; currency llIuce-, t.JC0 3I5
Tie principal quotations wcr6 as follows;
lO00 4. M..ll2k ll;8O A, M.,.ll2A 200 f. M....il?A
100 A. h"ul2A Il'60A M...,ll4k t;O0P NJ. .li3 Dd
Foreign eIchan:e, as usual on steamer day, ha'
been dull. Quotations have teen entirely nominal
however, the squeeze IN cash gold dcranginx tho
entire market. London prime bankers 10 day
bui- we're quoted AT lOS.GslOS'I and siPlt al l5.V
lW'I though 40 offer AZ concessions 81 a h cent.
would have been accepted. There are 'rN CONNER.
cil Lil- ulkins ana these wcre quoted ut IUS,t
lush The eu.d receipts at the SurTica.ury 10 )
wrre tlOifs q payments, Sl,225Hil n; btlancc,
5000 81 ~ !ne cnrrrl ~ iv,t,p,s nert sM9'
~. Tie customs receipts amounted 10
q S.UU Cancelled gold noes sent to Wash
ingtun footed up sass 900 The amount O
United sltes dyes Ol 1871 redeemed up 10 datc
amount W i2,4J+.VO0 Tue impUrts Vi dry goodA =.