The sun., 1873-07-17

WEDNESDAY, July lG-P. M.-Thcre was
renewed activity in the stock speculation to-
day, and under the leadership OF Western Union.
Lake shore, and also New York Central, the
entire market, with the exception OF Pacific
Mail and Erie, reelected much strength and
buoyancy. The volume Of business was also
considerably increased. and more general dis
position 10 speculate was everywhere apparent
Erie was weak in response to lower London ad-
vices. Pacific Mail was forced down to 37h, but
subsequently rallied TO 3si., having opened at
3sk. Opinions are quite diverse with reference
To the future course of this stock, and while
the company is In n decidedly impecunious con-
ditlon, yet the exceedingly large short interest
now outstanding may. with vigorous bull
movement in the other leading shares, eycutuate
In corner" quite a. remarkable as the cele
brated Northwestern few months ago. The
question l. not So much what the actual value
of the stock may be - whether, II the
short interest l. over lO0,gO shares, as Is
asserted, some adventurous leader may not
be found who Will start lively SERUM
heated term was cool production. Western
tnun WAS strong on pure ht-1s by the Cumtuo-
dore's ir.end-, as well as the attempted cover
ing Of the short interest. the price advancing
from :, 70 N'A' but closing Al FNSH =: ln
sympathy with the remainder OF the last, which
NIs "A triAe lower than the best hsurcs of the
dW. Canton was hrm IN light transactions. hut
this stock will probably soon become more sc-
tive, as We learn that Advantageous arangc-
ments have tu-day been con. luded with thr
prnusylvdnia Central, Northern Central Of Ma
ryland, Philadelphia, Wilmington and Balti-
more. and Baltimore ana Potomac Railroads
for the use Of the Union Railroad owned by the
Canton Company, AMI which will greatly add to
the value uf the companys prupcrty. Atten-
tion Il Invited to the comparative table ANNEXED
for the extreme hu,tuatious OF the prominent
stocks.
tl2, Of which Western Union repre-ruted j4.Nu.
Lake shore, 2,l2i Erie. 2l,B0, Pd,i inc Mail. L.
Union Pacihr, 4,Go; Rock Island, 3,,OV: G.. {
and !. G., 500; Northwestern common, $40.
Canton, lOO0; Missouri PaciH,, tOO; Hannibal
and ST. Joseph. 3oO; the preferred, 100; Boston.
Hartford and Erie, Loo; and Delaware Lacka-
wanna and western, Jol.
Speculation Ia gold was Arm, yet the vol
ume Of transactions was light. The prices were
covered 10y lli', NO., with closing nlures at
ll0. In gold loans the rates paid for hav.na
balance; h3alance carried ranged from 4 10 3 z cent
ys rSa ssSce n, M ' A's1sc ,s HS %sTr
auces. t2il'3i TIE SuhTtr,sury rcdr, med tioUU
Pu6c I 6 G ,s Slc6 @ a su % prfoa, S ri S@ M
~ Q date .@.lsS,s1 The following Scrl ta5pracp4.
ioA NJ, ,,.~Me 1881 AM...neg !HP.M....ls
oG M'"iiS se;P Mi'.....'i,6'. + ",....,65
The dm- buslue.s st the L. :. suhTrc,.ury wa
auce t~Ssss>i csrryrcy rc.ci,ts ~. .,.'9, pay.
tS'tcn, t6"im, cancelled god cer.acAt,s sent 10
i6e Treasury balance, at the clese Of nu.ine,. in
Washington to-day were currency sttuo' and coin
t1sa r,l,t. , fS6l,s S ',' iee
..lPmen,. today amounted 70 q 2hI 3. Of wnlr 81.
70 morrow. specie engagement, thus lar c,,,r $50,
si fasau "a TSe % goa 2 m GS To- d. & 'H IN the ban"
6 ~ m A' & sr anr Ta f' Rraan sS4 Y s WIN 20 day
Soaa S5 'Ho 6S Soa GEN a, M Mo v a % 30 n aS'sSE c ss.
Ia ~ n'oge, nar<yt ere Wa no change. aud rates
IN IN, nnal trade. Ia ds'1u rrn. nrr.lHile paper