The sun., 1873-09-30
rINANcIAL AND comurRcIAr


MONDAY, sept. 2p-p. M.-The business
circles in Wall street assumed much more set
uyd tone, and the excitement of the past ten
daN- has entirely subsideG. Their, wa prihap- A
tn ~ markod appe Of quiet from the fact
that the general discussions we're Of a pacific
character. aud related more especially TO the
test methods for the settlement OF existing cone
tra,ts, with ont at the same time bringing undue
pressure upon actually solvent debtors. This
uI"-tiuu formed the Chicf subi icct OF the Gov
tfuiuH ''u M tttt trlhtt Ill us Throughout
tUe ANY. and IL finally decided 10 suspend for
three day the rul' aupyiug To the closing out
"I contracts, bGt thdt a committee Of three
rhtll hc auu. iuttt VINO shall determine upO a
the amount Of ma rElus 20 ho put up against any
cOntr'rts unsettled. II the defaultius parties
in.'lN, 20, aud tueir con ract, settled under tho
rule This measure sc,tu, to have given yrry
general Satisfaction, A. Il protects parties who
can present evidence to the cumh,,ttee Of their
sulyvury.
There waa good business done among tho
hrukcrs in further settlement Of contracts, and
at the close there vas "A very satisfactory lerNng
street dead ngs in 81 IS Of an animated charac-
ter, and n large number Of shares in the acgre-
gdte changed hands. This ability To market
stocks for cash at generally better than Satur-
days street quotations enabled many brokers TO
become loaners Of money this afternoon who
had been for ten days Competeiy tied up 10y the
recent complications. Tomorrow Ia looked for
ward &" with considerable anxiety anu there
VIII Doubtless be wide nuctuations, but therO
are many orders from the country to purchase,
and the bears will also bring considerable sup
port to the market 10y covering their contracts
at such prices a. they assured will enable
thcm to get rid Of their borrowed stock.
The money market was active at a u cent.
and additional Interest Tor use until fO-fiorrDw.
the Loans having been made at - uu New York
Central, and from II To 20 u cent margins ON
o'her good dlVidcna- paying stocks In the
afternoon money was freely offered NJ a and
Interest. Ia discounts there was also observed
more disposition to trade, and some consist. T.
Hi le am UNITS ot Nr-t clt-s mercantile Iafer
were uc-o,iatcd at l. to IL i cent, four months
turuu.
The gold market was less prominently dealt In,
and deSpundcnt tone peryadcd the trIi. ..o.
tiuus. \ report that tEs 90 had been with
drawn from the bauk Of England to-day for
shipment To THIS city, assisted 10y the fact III.
the SHORTS had quite extensively covered their
Cunir. Is on saturday, tndered speculation les
inviting, and the market declined. The opening
Ill,e was ll3A, from which point Il dropped III
to lllt with, however, subs eQuent rise to IL "a
and closed at lHf. The decline e. lllI was
caused by some realizing sales hy PARTIES who
bought at much higher figures but the an
uouuCrmtut that only Ll.j,O0l. Instead Of Gls--
60 had been shipred from London for this
market to-day turned the current upward. Tie
balance ~ tAt bullion above nutsu to
hut from tpsr causrs the BANK OF Fnglluo ditcorrt
rate was advanced 20 cent In gold loans tie
srQucuty l6i, with nun negotiations lSi amt NAT.
The total Clvarngs Al the cold lAthauEr Bank we're
tr,a!Nui kUld balances, S-sl .; aua currency lil.
Hhrcs, SlHi, ,A. The sub Treasury deemed ailun ia
called hluCs aud paid ont iu coin interest i- ruh.
lc dtht $500. ms ioAo"hg we're the prlut.pai 44o.