The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-10-03
FINANCIAL AND coMMERcLtL.

SAruRpAY, Oct. 1-P. MA dull and very
quiet feeling has pcryaied the Stock Exchange
throughout the day. Speculation in railway shares
has been tame, but the market In tone was firm,
though the fluctuations were within radius Of 4 z
cent. Tic principal activity centred in Western
Union Telegraph. Which advanced to 81 4. but In
Il afternoon dropped p cent. rumor that the
dividend would he passed. Next In point Of inter
est we're Realirr, Lake Shore, the Northwestern
and ST. Paul shares, and Rock leland, though In
these the dealings wero OF comparatively tri7in:
Importance. After the o'clocS Board the market
tec1me heavy and lower, but subsequently reacted
fraction, closing steady.
Tho gold market has been STEADY on small vol
ure Of business. with the bull, Of uan.actious at
1917 ~ though at times drrinr the day the p-icc
touched li3I The premium las been uuiunuenccd
b. u, war news. tie t,no q tie reign hnlIc la
following wero tue borrowing rates: and Il
cent. per .unuu. ~ ard 3tI Of = ent TO Mon
day. and Fat. Alter Clearing II use. y y cent. Was
In etrq, due on the rubic debt November is s35
i2G a7q which will be antici ated by the Treas.
urs Deuartntni, subject TO q rebate however. Of
- cent. per srnum. The total c'elri rs =, the Gold
ENc1.n,e Bank were S5s,2a5,O0O; gold haaLccs
principal quotations were:
ios \ Aii Us r. IsA 49, Ni' ili
Foreign EXCHANGE has been dull. as usual on Satur
day thOurh rates have been more firmly held. prime
sxty.lay lhls being quoted at loGt. GiOaa[ sight
ilOit n ii0'4: and commercial, 1,S[ ttilS',.
Tho money market closed very easy, with free OF.
errgs to the leading bond dealers at n cent. AID
to the stock brokers at 3. though some exceptional
transactions we're reported at d. Tle-e low rates,
however, can scarcely De accepted ~ criterion q
the market because made for the pa-pose oi obtain
ing interest over SUNDAY. Discounts are moderately
active, prime Commercial aeceptlnces passing at o.
r cent. Tic statement Of the city banks, anti
cinacd IL favorable reheo:inE, in the gain OF the
egal tender item, tue operations OF the Treasury
The decrease In specie Is occasioned by the heavy
run down but trifling amount while the loans
were conrlctcd upward ~ ssooD The move.
mcut has ro-ute IN gain To- the banks OF $!ii lS
-u,r'rs over iegGl reserve, the banks now ho'jin'
f~ll2t 10 In excess Of legal requirements ~ a-aus
t-,la,~,s It week. Tue foloyin: are the tot.l.
as compared WIN Si Est week oo, ,.~......
lonrs.....".s.@ .s;l7 s,,ssr. N ~ ss.e,
r Sfsii5i,... ST-sitiS ai;rj@ Dc. ia
i cgsi lenders, fii;as sitsot. Igs. ia
Tie Government bond markct mas bcon stron
and higher the dvc.tNCnties having made IA ad
,anee 90 THURSDAY prices o, 90 4 cent thou-h
| the DEALINGS have been limited. The Secretary q.
; October proCramuio relative 70 bond pur
chascs snd gold sales though he VIII probably do 60
| and Novem6e, bonds cGes Gts aud old '6js) are
quoted interest the transfer books closing to-day
Ihe mark, in TIE afternoon was strong on tie basis
Henry CLOVIS q Co., n Wan street, report at
egrIs,cyc' NJ ii3ssS, Tss sJ,S Jiil9S 20;
20 ~ reg so ~ oas .u,' 80. Is coup lloS n9t
SOS a G cono.ii 2N Siys ctSSaici.,.",..iss 10
.1Os 10 COUPLE NIX c. p. gold Dds. sO4 90,
On extreme quotations New York Central stock
nuctuated between gs@J2A, scrip ei3IGSiA, Erie
| g3is WABASH SAG 2H, NortnN es'err common ~ 70
s.. Paul common 6al drsf, preferred so'. aSli.
| Ohio and Nissit.ppl ~ - - ana NV J,r,el