The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-09-06

MoSDAy, Sept. 5-P. N.-Wall street was less
inHuenced by a confirmation Of the French disasters
a an might have been reasonably expected. The
railway share market sympatLized with tie more
buoyant feelinI, and number Of prominent German
houses were buyers in the belief that peace woulv
shortly ensue. The leading cliques, however, took
advantage Of tho higher market and cold heavily
throughout the day, pursuing the same tactics as on
Saturday. though a more extensive scale. This
unexpected dtHousnsat in the Franco Prussinn con
test has been the OF saving the various com
binations from large lossee as they have tins been
enabled get rid Of large amounts OF their specu
lative ventures during the excitement Of the past
few days OF better pries. than they otherwise could
The principal cards we're New York Central
aud Hudson stock and scrip, and Lake Shore, al
though ST. Pauls, Northwestern preferred, and Ohio
and Mississippi, with Wabash, were OF times quite
lively; and late In the day Erie and Pacific mail at
tracted considerable attention. The chief feature,
however, was the fact that the cques were selling
a. largely az the market would permit. Late In the
afternoon prices were weak under these heavy re-
alizing saies and the street became bewildored by
the sudden change in the tone Of the market
The gold market opened setve and strong under
the manipulations Of the combination, who have
beeh operating for IN advance. The carly price
was ia. but the desire to sell was predominant,
aud although the market was for time firmly hell
by tho pool" yet anerward steadily but gradually
declined 70 1i3A. The volume OF business was
large, and the recorded transactions unusually
heavy. In the afternoon however, under the iniu-
ence Of more de1nn, news from Paris, and dispos-
ton there 20 proong the contest, the price rose TO
1iiI. at witch figure the market closed strong
There was also quite a covering OF the short inter
est which aided in sustaining the advance. In the
rod loan market the rates were fiat and and 2
cent, and q cent. ex-Ccaring House for carrying
The I'M ports Of specie for the past week tl5s,-
SOL total since January Of $7,6s9O33, as against
sa.sf7,sf for the same time in 1869, t5s99.7si In
1865 and 80 226i7b In 1867. Tue total clcarings at
the Gold Exchange Bank were sl59.iG6, and which
reflects thc ntusually large eu az ioe., Of saturday
cy balances t9,217 555l5. The prineipsl quota
uons were:
90 70. iir.srillasP M~...iil:N! I. M."""iii,S
las = Mil sP M........ii7, $50 r M.....iiiS
Foreign exchange is duh and quot ,tions are nom.
ii0i, for siyht, and Ij''.6iI3 Tor commercial.
| though sales are made at concessions VI AU's On
The week opened upon q fteady money market,
| tlOurh without essential change from last week.
| Tue demand was tair aud promptly met at and
| = cent on call on aledge OF aceeetab'c collateral,
with exceI ional anslctons TO the prominent Gov
| eminent houses at Time cngagemeut' rulc a,
| TIE rates of turIav There Is a mld.rl y &C i've
business In discounts which were finn. strictly
Lrst.c'ass mercantile Hccc t,ncc- ruu'iNs 30 days
| S., and six months. ~ to 10. Primo single
named Tauor rules Ut 10 + cent for 90 DAYS, ont
| 10 ~ ior our and tx moltis date. SSty day-ior-
ciyn bauiers' paper p1s-es at q cent aud Uonic1-
| tie, running . rec go SIX months, - To- 10. Ihv
| moScmcris oftlc ir,l.ur' for the week cover he
sac ~ one mi. Ion lO.i on Wednesday. ana tie
chas" Of two millions If rs for the special fund
| ON Thursday.
| Goycrnmert bond, hive not synpst I'D with tho
| actYi B of ~, ,,1cr w9rkcts, and we've dull and
! generally he w ~ tl' q sFrct OF ans quotations
| from London. Er,, iu the 10y The new .,-ues were
Hrn., bu' they subsequently frl on and To market
closed s;clh on The bass OF NO. nos !or 'G1s.
| T. ~: