The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-05-24
FINANCIAL AND COMMERCIAL.

MONDAY, May a3-P. M-The cliques operating
for decline In railway shares further assisted their
plans by desperate attack upon the gold market,
which yielded from hay the opening price TO lSk by
their throwing upon the market large amounts. The
sudden activity thus impaired TO the Gold Exchange
quite surprised the regular operators though there
large short interest created ny those who always at
tempt to follow the current. The decline was taken
advantage Of however by number OF small opel atos,
who had sold short at lis and below to their
tracts. Al the same hour when sold being forced
down, the stock market was also attacked. and Rock
leland dropped TO ii6A, fall Of ~ cent from the
carly price. Confidential Dispatches from Washington
were industrousy circulated In the street. expressing
belief that the Senate Funding bin would pass the
lower House on Wednesday, and Lake Shore then
made the chief point OF atSck, with sales as low
aSR. while Central and HUDSON scrip touched eiH and
the stock 9t. About O'Clock there was partial
rally, but the market again fell on ana the dealings
from this time TO the close limited scale The
whole market has been feverish and unsettled. But
during the decline the clisues were purchasers Tue
contest has been severe TO-DAY. and will probably be
Ienewed; There wa, slightly better feeling at the
There mas been good demand for cash gold. loans
having been msde At TO cent for carrying, and
o. iSs sssS %asas ga eSsi
safi sfas'' aSs 4 'i i , . e 800 rhs ca
s SS FOR ss , HS Ss Are Ss
d gold tsrs hy to.morrows steamers vii foot np
SssS sSS ere Ie ts!n gos "a ss cs 81
and clearing balances 5000 SOL The p.incips quota
i e g Al M aM:::ii,l..stssPf s:.:.i:Ss
Foreign cisn.nI. arm under limited sup SS
siiSssSioos ,isst a iiOhsilo: eominsrris At isst
DOLLAR Tor long, and siss5 for rot The % oSe her
Continental exchanges were without feature
IN taSe: psTiay result q Tue iavofase SsnS ys sS
their balance, At tne eOse higher Than cent, ihe
leen N A ~ Ia nam lstuV
At higher quotations The ,reasSu p19sramwe iais
say and he purchase Of ,itoOOod Sss on IhSsdSy,
The GOv"rnnent bond market was dull and heavy at
the morning Boards under ~; lower quota lions Of %
IN the afternoon. under Improvement In the price Of
s fss as hss Seen Ha
Henry clews a Co., 81 wall street, report prices at
md. A,lsil hsd. Asted
ef ISM eiitsS IL : S eeoGTS&ji5i i5s
g o ,ss res sGSP SifS M SO: g coup HIS iis
S SO: q COUP COUP HE G siSi b a. 49,
State ponds have neen devoid OF interest Old rennes
TSTs sHSs se Being sfw Gs az
SSGs e and ssnsd eeS 20 e He
Issues selling at ". and Alabama 81 isS. Missouri likes
@ w. CIV bsn shares We're dull With "a c s Of ten
~ s1a iTgS S and i Railway
G. s21SSa, seconds at Ol1' Central Paclhcs at $40
Vanderbilt and St Paul shares, Northwc stern. Lake
Shore, ohio and Mississippi, and Rock Island. New
York Central stock huctuacd between 90 and lui ~
scrip. by and s.; Harlem. IAN and ~ 81 Paul
and Mississippi 3dK and SK Northwestern CONNIE ~
SOS and 81 preferred, So nd ssl and Rock Island
1854 and 49, Wabash quiet at iG56a. and Read
ing steady At iosH@iOis Ptts5urgh wa, firm at iCtA
Boards Illinois Central sold at 1884, krihbal st.
Joseph li3SsilSi preferred li2%str, 4; Z; C. and
| re and Essex. ~ Michigan Central, lg5x and
New York and New Haven scrip NJ las. PAcinc Mail
was active and steady ranging from SN To S5H. West
Union Telegraph waA dull at S21 and Canton, GO
0s harposa preferred weak, and fell OF l5H
| to II, Delaware and Hudson Canal selling at 1885
Express shares steady, Adams selling at S6k
| and American, lS.@lSH Wells, Fargo Co. ranging
| Hk4l5