The sun., 1873-05-03

FIupAY, May 2-p. h.-Spcculatiou ut
the stock Exchange has been more active,
though, AZ heretofore, the dealings were chiefly
confined - a few rharee, such ~ Nestcrn
Union, Pacific Mall Union Pacific, New York
Central, -. Paul Lake Shore and c., G. and 1
G. The opehing -tringcncy OF money quickly
cast a cloud over the market, and priccs at once
reelected a downward tendency, though q; the
nrst session ~ tho board there was a recovery.
and ooIlside-ahle effort was male 20 sustain
quotations. This movement DEVELOPED more
strength after midday. hut trade -uhscqucntiy be-
came dun, and with the exception Of occasional
spurts Of activity In Western Union, the late af-
tcrnoon business was not marked 10y any special
features. Western Union was the prominent
speculative fayor;c, and pretty general buy
ing movement among the street operators was
induced by the well-circulated point that tho
price would to-day reach ~. Some days ago
reference was made t. the fact that a new pool
had taAou this stock In charge for tho purpose
of a quick turn, end the advance to-day was
from SiL To G., though closing at So, OF one
y cent. better than at the opening. Pacific
Mall roso from nv, the early sales, tO b5%, hut
there were heavy sales In this stock, and at the
close brought only h5E as against 20 at the open
iny, Union Pacific was also heavily pressed for
sale. and Welded to 29Y. Attention ia invited
to the comparative table annexed for the eN-
tremc fluctuations ~ the lcaling stocks.
The total number Of shares dealt In were lai,-
21l, of which Western Onion represent ed ti 90 :
| Pacific Mail, BS,SD; Union Pacific, 2O.ODO New
York Central, 1870 C., e. and I. C., lltO0 ST.
! Paul, 1000 Liho Shore, lO270 Ohios, aiDn ;
! Rock Island, alUJ; Wabash, 2+D; Boston, Hart
| ford and Erie, 2,H0 Panama, 1870 Erie, loo (;
! Atlantic and Pacific preferred, l.-lO ; -. Paul
! preferred, 24 Hannibal and -. Joseph, 30 ;
! Norlhwcstern preferred, 10; the common, 100 {;
and Harlem, aO.
Tho gold market was decidedly active, though
! speculation reelected downward tendency.
! The operations to-day indicate that rroWne
! spectators have been selling the market in the
hope of breaking prices -tti lower and this fccl-
/ ing has caused considerable short intcre-t,
! while tho room spectators have pretty
/ generally thrown overheard their ventures
/ taken at about lis TO H. There h. NO doubt
/ but that what II idniliarlv termed the local
. spcculhtUrs huVc lost hoaviy and been outCen-
eralled Ia the current movements II the past
zen days IL Will be remembered that some
/ time ago reference w1s made Ia these columns
| 20 % dc"ire to bruak down GOLD In order to pur-
chase the Nay interest at lower hgur "a, and tits
! plan has thus far been successful. II is, how
over, a question whether the market will 81 Ia
/ much further though just now u decidedly
bcarsh feeling pcryades the minda 81 operators,
/ Ia gold loans the rates paid fnr having bal
| anc"s carried RANGED f'om q cent currency to
l-.r'. and afterwRrd down to tlat, with unSl ne
/ EQUATIONS az q, u cent? and nat. The toad
! cicafiugs At the Guld Exchange Bank wclc $iL-
| i2s,OO; gold balances, s!uJj,6jl and currency
! hauuccs, S.'li3.4B. The ~ub-lreasury re-
deemed ilAO iu called h1uqt paid out 100 coin ln
tornst On he public i"ht u,Yr which Wlh previous
disbursements during the week. amount to ftUIS. ~
.TH ID la "A lie rlfl al fIltt tf