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

"WEDNESDAY, June s-P. h.-Tle railway share
market opened heavy and declined until ster midday
when q strong upward movement was projected with
Wabash, Lake shore. and Central and Hudson stock
andscrp the chief features The better tone exte nd.
ed 10 the balance OF the list, and OHIO and Mississippi
the korthwestsrns and g. Pauls became sctivc and
buoyant. The depression Of the morning was chiefly
due 10 the lower premium gold, together with the
continued discussion OF the Currency bill IN WISHING
ton, and the advance later the day occasoned
by confident ataurances or the defeat OF the b IN the
lower House. and which those manipulating the Van.
derbt favorios employed 10 rally prices. There
heavy sales Of LAKE Shore throughout the day. yet
prices continued to improve and with the general list
closed strong.
The gold market Ia. been active and excited.
though at lower quotations. The opening price was
lsH nom which declined cent, but rallied
about 10 O'Clock TO isH because OF the sale OF mil
lion Government gold at 1is.119ii3 30. The market
subsequently fell on, with rally later closing at ils
bid There several st ong cliques operating for
decline, and heavy amounts have changed hands To-
day. The programme has not yet been fully developed
but some OF the foreign exchange dealers, as well Is
prominent stock brokers, are In the movement The
Funding bill reported postponed for week, In the
absence Of several members OF tire ways and Means
Committee, who left to-day for West Point
There was q good borrowing demand for cash gold,
and balances were carried At " !, as and cent and
after Clearing House free OF interest. The China
sailed today without .pecie The total clearnss At the
y,
sa.s SSs and currency balances. t,'ot'o, ms prin
isss = k Il: NJ is g: g. EsS,lSsa6
ns % G Il: of 5 n S 81 Pes!E 9s
mlloa nye.twentles toI he sinking Fund.
n fasSsass he SSsn su sS
asy. s SsSed q ps S
81 az dOS iSi od e. r ana FIG
@9osy make. hs. been yl,aos, gsrsssSs
g ana cent on caiI and e.eepos a Dissopnts
sssS Sar saa cent Prime for en@6a.
sss ss aS iud lac s 0
some quarters that this isfso secumui adon viii os de-
ps s # a SSP s uassT
Neskness IN gold AID the financial news from Essb.
LonSon wS sH The esrrsscy si5s. And 1881. we're
sSda sns iSns n: GSa s s
n ss Snss sss es' Co. d
il: e. s : :??s!Ia Hs
Sos, reg ,2&NII IitiSos sS coup ...iiiisx liz
SO: q f SSSo lii x IiiSs y 5as 81 issS
ar, In state bond 1.-The hs Tennessee; took p 1pgasd
Fss sS5 as .s.f Ss !sa z "a
E,ssy noS!sSses we're stf9ns on sales OF OHIO aud
HS s,aDi ,,..G cents s and 6s1,Ini ssnss
BEa71k. and stock tsSstSk
Transactions IN stocks wore confined 10 the more
prominent railway New York Central stock on ex.
Irene quotations ranged nom IN lN0h sclIp pob.
70 SA Reading, ioI e io5h Lake Sd ore. OK % q
mon. sss TO- 81. the preferred soH 70 elS 81 Pael
Island. lisA TO E0k; and Wabash, bsk 10 60k Pitts
baIRh wa, strong Al los,s,oesi Harlem llel.l1
kr,e ranging a. s1sss At the Boards. IllnoIs Geo.
ual sold at i@kain1 Hannibal and 81. Joseph, Mn
iR Chicago sRd Alton. lisk Morris and Fsscx, VI;
{. C and | ,cy iss Nes YORK and New Hay.n. I5s.
eeliancous list ranging nom t2k 10 ts1 Western
Se,ns sm az I,ng 1 ana 20 s Aonnse Ma:
selling at Express shares were dul with sales or
AT NJ.