The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-10-22
fIN,NCitL iyO cDMuERciiL.

fRID,r, Oct. 9l--P. M-The different depart
mtnts Of the Stock Exchange have been unusuaiy
duh ard devoid of interes. throughout the DAY Tic
railway sharo SPECULATION been spiri.les. with
q slim attendance either at the Boards or in the
Long Room, the market leaving Oh t1re aud Gull
tie street being deserted nj al early hnrr. Tie
market oucned steady, and 20 remained anal af,cr
the adjoul nment of the first Board, when, under
the manpu atoms OF n leading OPERATOR price,
weakened the entire list After the second q
here was a trm'r feclu, not Z, tbo highest prices
hcrs recorded late in tic anorao rr, thor-l a-si.
,i,i.nt { the close. The prrciDi' nc iv.,v was IN
Western Union Telegraph, tc most marked 10, u.
aton tciig rcco-oed in this stock. which rin-ed
rom 49,. to AZ. though In the remainder
NJ tne lit the cuaa.e. wore comprised wit in
rItu. OF 4 2 cent. After tA, too larrcr
dealings wero in Lake Shore. North western
preferred, Ohio aud Mississippi, s.. Paul common
and paci1- Mail, thou.h no important transaction.
were ro,o' l,d To- ''e remainder OF TIC st TIE -oli
market was weak durinc the carly rirt Of the day.
Tie price dropping from il2, TO liel5 Gu the con.
,inlcd rrmors OF rcaec. Tie decline, however.
WIS more esreci1y due 10 n rumor that The Seer,
iary Of tie Treasury would orjci sae prepayment
he November Interest tomorrow Without r,b. t.
Inquiry at ce subTT,asury, however. proved to
iucorrec'ness " this report The easier rates Tor
favorable
quotations, being rerortcl that the gold Yesterday
taken cut of the market was restored to-day In
ue afternoon tie price advanced 20 Il2r. tho Cana
da hank. being heavy purchasers At 1le,t, and
shortly after 8 T. NJ. sale was reroiied TO have
been made at 49, the gold 10 be delivered at 1879
\. NJ. tomorrow. II was also stated that the CLIQUE
ntented To apply the pressure TO the shorts agair
20 morrow Whether this be true or not there
was quite an active scramble 10 borrow rnl
i6Hi. OF e cent. was bid for Gle u7c G,
gold urt Monda', the rrevious borrowing rates
hayti G run down from hIi to nlt. We hear many
CON Dl Gis q the refusal OF the Secretary to come
to the relief Of tho market, thOu,h j. not prJhi.
ole that the anticioauon Of the November Interest
Ito sub Treasury today were tsil.}1ssJ; pawn nts
ti 0N5i95 balance. td2 2i7g3I.h. Tie cur.
icnsy receirts ~ere q III g,Ol8 payments, a..
l5ls recci9l' ameunicl 70 tso59O Tic
,ot eIe9rlr:' At t.s CoIi E,ca.nge Bank were
lnccs, tl,ss3v0i The principal quotations were as
follows;
i I5 An MIlih i' ,5 M M,.I;t''r
FOREIGN eSch1n re ms been Irregular; anl wu,s
TIC prime drawers were holJin; long sterling at
II cen. by the Canada banks.
The mupev msIket continues to work easily, and
borrowers supply their requirements at ara =
cent on pledge OF acceptable collateral, At tie
close, we disbursements 81 the Treasury 10 pay
mcn W the bonds purchased yesterday hayin. found
th'r wa INTO the market, lar'e balances NerC lot
WITH lending bond houses AZ 4. The proposed
scheme to- making money nltlci lY stringent has
40 aren'ly been Abltdpned. In the iiscuunt mar.
ke' there l. an active demand for commercial paper
from outside buy ers. the city unks taking no new
lines, Prime mercantile acceptBucos were quuiol al
7 to ~ Y cent.
G1yrrnmcnt bonds hav, icon strong on suall
dea ms Tue foreign bankers were MOI bu crs. in
tie absence o. Instructions rom Europe, ard but
Iitile vas done On investment account The Gts
were most actively dealt IN. AMI sod II nos To
n IrEet Cuscl strong on The basis OF lll'. dllOI
Tor o.. Acny CieWs Co., ~ NlL stree, 4t. on
a. follows oil i. NJ: