The sun., 1873-05-02
FfN4NCI5L AND cOumERCIxL.

THURSDAY. May l-p M.-The aggregate
; volume of btn mess In Wall street was much be-
low the average, anu speculation at the Stock
Exchange. N we except estcrn Union. did not
amount TO suficicnt importance for any extend
ed comment. The views heretofore presented,
and the mystery as well as consequent demora-
h1ati1n noted among the street spectators Ivy
the rcInarAa able working Of the money market,
assisted by clique manipulat;ons, has finally in
duccd among leading OPERATOR an unsettled
feeling which not only prevents speculation, but
has served to check any new operations; and this
fact NAV in part explain the dullness which has
characterized the dealings to-day IN to-day's
business, Western Unicn and Pa ilc Mail cover
cd more than onc-half the entire dealings, and
at times there was observed unusual dullness
throughout the list. Western Union opened
at a., and, after being subjected to frequent
fluctuations, 1t rose to SjiS, though IL was in-
fuenced with the remainder OF the mar
kct uy the sharp money rates later In the
day, and fell on to a'a in the Hnal
trade. Pacific Mail started OF brisk
at 81, which was last nights closing price. but II
partOok of the strength of the market and rose
to b1',, Notwithstanding II dropped to 90, in the
early trade. There was also good business in
Lake Shore, 81. Paul, and New York Central,
but the remainder Of the market-unless we ex-
cert Union Pacific. which ran down from 81 = to
%. and Ohios, which reflected a decline of y y
cent, ~, was OF no special significance or Inn
portence, and in fact the lack Of business gave
the market its summer appearance, when spccu-
lation halts untu the return of the Government
spcculitOrs.
The total number Of shares dealt In was only
l36H.3, Of which Western Union rcprps cnt ed
Ti..n; Pacific Mail, 2i,iB: Lake shore, Il. .101;
st. Paul, 2,G!J New York Central assn Union
Pacific, G.gO Ohips, 2iUD Rock Island, 1880:
G., &. and ]. G.. 2,G0: Erie, 90 Boston. Hart
ford and Erie. 90; Delaware. Lackawanna and
Western. 80 Panama 100 Wabash. COO North.
western, ad the preferred, 10 st. Paul pre-
ferred lD AMI Harlem, 100.
The gold market was depressed, and there was
evinced considerable effort to break down the
price. In this manner short interest was In
duced. which may I've Of service In the later
speculation; but there was no feature Of prom
lnence, and the market was heavy at the close.
The opening price was llsA. from which point
there was rally to ll1',, the market continuing
steady until about 2sO l.. NJ, when It began to
show weakness, and finally declined to ilG,.,
though closing at 1857.
In gold loans the rates paid for having balances
carried ranged from to b cent. for immediate
delivery. and aftcrward al n cent coin, with a
nrmer price in the late transactions, the exar-
tons having been carried up to l-;s. and finally
To- l-l6 which closed the days basis Of negotia-
tions. The total clearings at the Gold Exchange
Bank were s54 $4,000; gold balances, 81, l,l24,li2;
lr asury redeemed In called bonds s2HU ana paid out
In CON inter si on the pubic dsDt f2p.p. which With
previous disbursements during the week, footed up
t3S.p. Ihe following were the princi al Quotaflons