The sun., 1872-11-26
FINANCIAL AND COMMERCIAL.


MONDAY, Nov. 25-P. M.-The week OPEN
ed with continued uneaslness at the Stock Ex-
change, Northwestern common having been
again tho chief feature OF attraction, though 10
was noticeable that the excitement Of Friday and
Saturday had greatly subsidized. Some Of the
more important interests on the short side OF
this stock are yet unsettled, though very many
private accounts were closed during the inter-
regnum between Saturday night and Monday,
and this is evidenced In the ruling Of the prices
at the Exchange. The first recorded transaction
was Of 10 shares at 1J0, and up to 2:a0 J.. NJ
there were no sales OF greater extent than 100
share lots with the exception OF two transact
tions involving 200 shares, each at 10. Up to
the hour mentioned the price had ranged a.
folowsE B0G1Ooa1 1850 I5i@l 1900 li0dlsod 1900
l101 1900 1ssd 11Jll i50Gl50. These prices rep
resented sales Of odd lots OF 10 TO loo shares.
At this hour orders were sent in TO the Chair
man OF the Exchange to buy In stocks for the
account OF some OF the defaulting parties, the
amount bought in under the rule" being 1000
shares. at 1sstl53 1556t 17td 1850 loslDO the last
being the final price on the tape. The losses bv
the corner have been very large, but well dis
tributed among parties OF wealth, who are well
able 10 stand up under the imposed load. IL is
quito likely that many serious questions will
come up which will have to be settled either by
the Governing Committee Of the Stock Exchange
OF by recourse to law. The rest Of the market
was noted for its activity and fcverishness. The
speculation led OF strong and brisk, quickly
involving rise OF y 90 IL cent,
the entire list being In quiet demand
from anxious spectators on the short side.
Northwestern preferred was galvanized into
life and made quick upward spin from s8,i to
loe on sales Of less than six thousand shares.
This was attributed to the anxiety OF certain
Oar af, han nEara rh., haA ah,re nfe hat
speciality and were anxious to get out Of the
bargain, as well as TO operations among street
| spectators. The fun price did not hold up,
however, and In "a many minutes was back 20
92H, ana from that time all the way out ranged
from 90 To 96S. Pacific Mail here made a speedy
rise from 81 10 o'i and under this incentive the
rest Of the market was dragged from the de-
cline into which It had previously fallen back TO
close. All the active specialties commanded
much much attention ana inr,lher history
The further developments in the great North
western corner have been so oyersnadowing In
Importance a. 20 entirely distract speculation
| from other markets, and gold has returned to
its old condition OF quiet, and the chief deal
inss now daily recorded arc pretty generally
ever Ia yet little sensitive, not having entirely
recovered rs equilibrium disturbed by the
Of the price ii2H dii3K, the market reaching The
There was was a a little trouble in in The de. de-
| llvcries to-day. and cash gold, after lend,
Tor carrying subsequently cost I-l6 to i-oi FOR
the days use. Finally gold lent without in
don news is cheering, consols being strong and
| American bonds sustaining late quotations,
while money In the above market was easy Of
| Of England, The Assistant Treasurer paid out
tlso0in called bonds and s2iO,o in coin interest
Sub-Treasury was as follows: Gold receipts.