The sun., 1870-12-08


"WEDNESDAY. Dec. 7-P. M.-The most notable
feature at the stock Exchange has been toe railway
share market, which has been heavily sold by the
operators for decline. the bears retiring from the
contest tonight victorious. The market at the
opening was heavy and displayed but little anima-
ton, although making a small decline, which, row
ever, was partially recovered about midday In the
afternoon a vigorous selling movement was inaugu.
rated In New York Central stock and scrip and
X ck lsland, which carried down the balance OF
the list In sympathy. the decline being equal to va
2 cent. Tie depression received considerable aid
from report that from the ashes OF the lately abfn.
doned attempt to make money stringent, rew and
formidable combination composite OF strong parties
had arisen, whose early movements comprehs nded
the Withdrawal from active Of large amount
OF greenback-, estimated in some quarters as higa
as tl0OO)O0o Should this prove true. It Is not i'm
possible TIT hvelier tunes De in future chron-
ieled and the late duncss yield to more animation
In regard 70 the downward turn in New York Cen
trail il is reported the street that the hoi ers OF
ths stock were selling TO rtinvest In Western
Union, which made upward movement to q
Reading was strong throughout the Cay Pacific
Mail was sustained until the close, whom IL
gave way a " cent. The dealings In the remainder
OF ho list were Of less moment, though In excess
Of Il C average daily business noted Of late Attne
close tic market was tame and duli. IT, markei
contrast to railway sllrcs, gold has been dull and
steady At silU a The oxtrcmc range OF priccs
speculation having been held In check By the ab-
seuce o. cable % the condition Of Affairs In
ELippe ,nday, the cal!e having transmitted onlf
yest,rdly's quotations. Warrington dcspat, es
were aso immatefial as having any eject On tie
market. rho lending rates ranged RON e cont.
for borrowing 20 = cent for carrying The Chul
took out upward Of 2uo0QQ in specie The rucci.t-
Of fol! at ,l.e sub Treasury we're si5S,;a.; pay
meits t5ib 2i3; balance ttO3S255. Tho ,uTienci
recc.pis were Sl335,d; rsSnent- t248H6: balance
tG,GJOs s93. The customs re,eiuts were s350OO9 ghe
total clesrings At tne Gold EIcnnnee Bank were
g., 525 60: 1od lGarccs 81 6s M currency nal.
arces 81 S3Oi3o. TAo principal quotations we're as
iolluWe:
iSs A NiiilSS N.ilSs + nM,'.. M.'...... 5o = is.' ''652f ga
The sle oftLoCoOOO gold b, the Treasury cci'.
e. bids to ne asgre A., amount 81 s,S2e 200 ~
were made at il0 80 to ll0G5 Foreign exchange
mas been weak. i.ad.ng drawers LaVing reduced
their rates To 1857. for 20 DAYS sterling. and lOg3
IS IS .,S1' Commercial bills were quoted at i0s"0
The money market has been irrceular. Largo
balances IT times COMMANDED out = cent, while
at Intervals much dnicutf was experienced by Dor.
rowers in negotiating round amounts below the
lond dea'cfs were accommodated throughout the
dal ai andG TACI Is a good inquiry reported for
discoun's and prime commercial double named
paUCr novel on tie bI-is OF ca n 4 e.
Government bonds have been without feature the
entire list Dayipl bcea steady md dull.
hcnry NieNt t'. " n ali 81, report AZ I + NJ.
t. Cur ..i1iy Gi G o 40, - rcrJsJ fss psf. NisS' S
- .. Coup....ilih ilis o.. 'oi coln. .00t ilPs
-. 5rceMEN ~ ie. 5al, %, c3lp...lgg lviE
s c. e g. cSo9 cogo t io5 %i' S io. Ss5s iss
sos. - ooap'..iOC2 ~ CT. coid Ois'. 81, St
State bonds have been dull NirgIuias Old, we're
I Il cent. luNer, selling ut Cs. North Cirolinas
Old also lcl on ], st.i.ug az 40. South Ctro,inas
new January aud JUN were steady at GS& 16sA,
and Missouri sivos % t&9. Nhriniss, ncV, rsus !,
- on eLau transaction. civ bank shares were
uul. the ouly reported sIlcs being IN Metropolitan
~ la6 shoe anu Leather 10 lGN, anl Bank OF Com
mCroe at l2G Railroad bonds, NJ a rule, were
quiet. Tie Central Faciiics were however, s.TOnr
vc~iots ami iorclgu capitalists. These bonds carry
= cent geld interest, paya0c tue lst Of January
and lt their urCsout price Hl y are attrac ing the
sucnuon OF investors because OF the low figures Al
"hich they can be purchased. These bonds are
not subject To congressional Legislation, nd hein.
nearly 20 z cent lower than the national Is,
sues, AFFORD handsome marEin Of profit
by 'hc exchange oi 52Je into these securties
On extreme quotations New York Central stock
nuciuatel 'cttceu ef. and Hli6 scrip 81 .MS2g.
| llurlro, l3lAdlN; Erie. 2i's p a9', Rea ing lua
| Fti0@'. Mab.-u 5l&QtOA NortuWosieiu comn'on,
| uutWlu's -. IRl. common, 90 5gk the Itc.
'cucl NlAfI~i. u no and Nlssf4st N. 2 a ,,3Ji.
Delaware LlcdaNanua aud Western, lUt 10 "a :
| New ictrcy Central. 1t~ sstii>h Union Fac .fa
l1's0 Is, lud 49, ton. Hartford und Err. 2s d2f
| a Lc Blafi-, Phnaml SOFA az as. Altul .td
Iorus .nd t"~-N, al7s HYunihal aud NJ. Io,ol'r.
lli, uud g. auo l. p, 'N4. Nsoc1auccH, 81 srcs
Mttt htm on Western luiJn ~ iiA q, and Pucihc
Nalt ut go t'l o. Adams lArrr-- r.iI 90 li q
| MeNs, l.l-' A cos at "lAs, tnc rest oi tae list
t.'o.Inr ,,,r .. ut t.Qo l. N ,..r, ,. c.il,.,s.