The sun., 1873-07-23

TUESDAY, July 22-P. M.-Speculation
at the stock Exchange started OF feverish and
excited under the continued manipulation OF
Eric by the German bankcrs.who established la
IL u cent as the difference between cash and
regular sales After ths the loanin2 rate was
gradually lessened until finally 1ttA y cent.
was the bass of negotiation for the use Of the
stock until tomorrow. The price OF Erie
nuctuatcd meanwhile with considerable rapidity
until in the final trade sales were made at 5's
regular way, as against Gaa. cash I'm the edtlS
dealings. The arrival Of fresh stock by steamer
yesterday. aud the further rcmttanccs expected
by the Russia TO-DAY, caused some hesitation on
the part Of the combination, and they subse-
quentlv withdrew altogether from further ell
forts t. manipulate the stock. The effect, how
ever, upon the remainder Of the list was de-
moralizing, and there were consequently heavy
realizing sales which forced down prices to the
lowest points Of the day at the close. Pacific
Mail conspicuous in the decline, having
dropped to 3G,t, but subsequently rallying 10
37H In the later transactions. There was a
curious bit Of gossip floating ~ around
the street to-day, that the eX-Presideut
of this company had been for some weeks
quietly purchasing this stock. and that after
having loaded up. he would retire bis obliga-
tion. held by the company, In the reasonable
eXpccta'ion that the profits on the advance
litigation Wabash will probably pass under rthe
control Of the Canada Southern, a. the old pool
in this stock still hold their blocks: We.teLn
Union strong IN the early trade, and ad-
vanced to gl1,, but later declined In sympathy
with the other active stocks. The total number
Of shares dealt in was ~, ,g5, of which Pacific
Mail represented Elmo; Lrie, 1880 Western,
Union 1860: Lake Shore, 1870 Union Pacific,
$40; 0hi9s' gIm wabash S'@Hi Hor,hweste5In, en-
c. c. aud /. g., ZOO; Panama. 2,1O; 81 Paul,
l,ic0; aud Boston, Hartford, and Erie. l4ln.
The operations In gold were characterized by
considerable strength. and the price advanced
to 49,, az which ngnare and lltA there were
any prom mt Indications Of any new move
ment, and he market closed dull at llo's' after
In gold loans the rates paid for having bal
anccs carried ranged from 3 to Z cent, and
subsequently, from J Y cent; TO NAT. 1he
so vsra a SS c%" rod nnce GSr s S "a % s"d Sutncy
balances s.',IiI,, The su6rreasaT, redeensd t4;'n
public dest t,7Io. which. with preyi9es dlsnur.e.
Interest up To date sSobs sJ Tnc follow lng Vere the
principal quotations;
IA Nv.....i,isS iGss ~ iilss rShpV"il,,ss,f
ioCi I. Mis isis PI '.'',1SS sP Mi...iiS. '.....iii
The DAYS ouslness At the y. :. sub Treasury va
Gold recepts 80 - sold nsynents q - 10 ,,, %
| eurren,y paymeats. 80 "a; currency balance
washin- ton were; Currency, ssoUu; and coin t;9,
% iSl 1SiSS%g scP , fooei G'iT up Inc Eec
,agas M nts 90 ior t9ner2G Smouni & 5eus m faT 6 10 ~ NJ
| B.nk of Encland Increased to day cit61nl. TIE
from this port Of domestic produce, urr ucy
] valuation, the week tn Ing to-day. amounted 10
e. 80 90. incrc case Of siluyD over ast week.
| Foreign exchange was dull aud stetN AZ lu9h Tor
! prime % days hHl,, ana iiOl4 for short sight. .
Money Was abuudanty supplied 10 p'rro ~erS on call
sto4 cent. pledge q approved stock colatc %.
! whie stucks ~err rnewcd 2F cclt.to T. Win Ere
luani from per diom fCr it, uiC down to y celt
a. already alluded ~ above, Discounts we're un'
! changed.
- culation in Government bonds more sclive
under the H. Auence Of nrincr gold. well the in
creased ucmaud. In the afternoon an unusually large
business az recorded. and note sales of cou II
iSti- new, a lii. coupon isGls. llsis coupon lNss
lsa registered ls4Os, li. Gni co -pUn be-, ISL, AH
j !. IN u y