The sun., 1873-08-11
FIS<SCIAL AND COMMERCIAL.

SATURDAY, Aug 9-P. M.--The specula-
tive excitement In Pacific Mail started OF with
renewed zest, and the highest price in the up
ward turn was established In the early trade
when salos Of several hundred shares were made
at AK. The heavy line of short contracts put
out Yesterday at 4ld4lH consequently began to
assume a serious look, and, for time, 1t APP
peared AS though the bears OF week ago would,
In their frantic efforts to cover, push still higher
the quotation. The usual Saturday real zatlons,
however, and closing OF accounts, stepped in to
further aid In checking the upward current, and
the bear managers also avaied them selves Of
the lull In trade after midday to press their ad-
vantage-the price consequently yielding to 40
In the late business.
The operations in this stock during the past
week and its rise OF over q cent. from 3jA ON
Saturday have served TO enliven an otherwise
dull market, and revealed, what was doubted by
many, an unusually large short interest in this
speculative fancy. While the bears who re-
Gently inaugurated this bull movement, but sub
sequently sold out, appear to have obtained tenn
porary control OF its fluctuations, and met with
success In their late efforts this afternoon, vet 1t
ID destined for some days to continue a promi-
nent feature Of speculation. In the opening
trade to-day this stock 20 largely partook Of the
nitro glyccriDe character that a rise to 30 or a
decline to % was equally probable, and next
week the changes Will also be wide and rapid.
and afford an excellent opportunity for loss or
profit. according to the versatility OF the opera
tor VINO pays llls money ana takes his choice.
Union, and Lake shore-al OF which were
strong, and marked an Improvement OF y q
d cent. Atlantic and Pacific preferred was also
strong, AMI made fUrtucr advance to ~. II Iyer
three days. At a regular monthly meeting of
the board Thomas a. scott, J Edl1r Thomson,
Alfred H. Dennis and David Salomon were
elected Directors ~ this company to OIL yncdn-
cics ami Mr.. Scott, who is now In Europe. has
si-niicd his willingness tp accept thc ircsidcn-
cy. which was rendered him to-day.
The total number Of shares dealt IN was 6? l'i;
of viii IN Pacinc Mail represe ntcd -ij.O, West
ern Union, 700 Erie, d'lOJ; Ohios, O@h; Lake
Shore, 4.4Ul; Atlantic and Pacific preferred
cinc, lGD; g., e. and |. c., lyOj New YORK Gem
trad, LOO; -. PdIl preferred, so Cleveland
AMI Pittsburgh guaranteed, 90, at s041o9,
western 9I: Panama, 200; Boston, Hartford
and Erie, ~: Rock Island, 10; st. Paul Com
mon 30; and Pdcihc of Missouri, i'I, at Is :
There was no trade in gold which commanded
ness was done az l54 and llj'., and, in the a.
sence of the leading manipulatprs,there appeared
no disposition 70 trade on elther s., side ,i OF the
ance- carried rmge, from to J.. per cent? Win hhd
The i-t eesrinss q ne Exchange Bank were i9l,-
s sod oalans, t? ~ 9nd % sarTercy psaicc'' ,c,
The ,iaar.i M % e'n"nn, Tor i9ny mrn'ns ana t9ong
w. ~ 90 baVg se6rchea S s s 10 n ce bonds
during during ,Se .ims period in ssn ,ssi
The following were the principal qaoInuonsi
inA VI ....iisH .:i5P M...ll5N l2a9 =. NJ. ll''s
iiaS ii g. g. ''..iiii5e .;jP ii ..iiiis
Tue days business ~ the unued states sab sgry
s5 2a GTrcaa2 fT.a ',rets 'i ,:a5
.e!1,lna,' 7P'!9.,ult,, e 81, So currency balance
the rrelsury calancis At the close OF business Ia
,oinrlu ~ tiit"Dn IN CON e'rtiAcste;. ine
Internal revenue ryr"Ifs ~" tag i9Ii AMI Tor tie
H b