The sun., 1873-02-08
FINANCIAL AND COMMERCIAL.


distributed business at the Exchange to-day,
and stocks which for some days have been
neglected again rose into prominence. Western
Union Telegraph was moderately active In the
morning on a lower range Of prces, having de-
clined from seN at the opening to elk, but the
afternoon transactions were light. There
nothing new In this stock, . truce to specula-
tion to-day having been apparently accorded by
both bulls and bears. Erie reflected considerable
business, but the fluctuations only ranged be-
tween 67H and 66al, closing at e65f. The London
quotations for Erie were more active, but were
embraced within 62l and 53x, closing at 50.
Pacific Mail represented the largest dealings OF
the day, and the price, after huctuating between
7bA and TAX, became very active about p. NJ, and
ssre CLOSING Ss no fRsre wss f@s prstty shapp
covering OF the short interest in this stock, and
much gossip was floating around the street re,
specting It, One report accredlts Stockwel and
Gould as the leaders OF new combination for
upward movement whlo others assert
ing around the board But whether these
rumors are based upon facts or not, this stock
ot
In the DAYS speculation, having risen from AZ.
oossns ana re LAKE, Shore as ree.ed SooS
trade and was moderately steady, huctuating
between 95j. and s6%, closing at %S. Hannibal
the morning, and subsequently in the late after
noon dealings. The opening figure was oA, but
u soon Solu uoNu TO OJtas WHICH IL ToSt "
was made made on New York Central late -, in in
% iO5H at the ciose-a decline Of \ p cent.
from the highest point Of the day. 0hlos were
weak on fair trade. Boston, Hartford and
Erie, which has been neglected for a few days,
showed more activity, with sales ranging from
S. 20 81, closing Arm at the latter ngure. No
thing new respecting this stock has been made
public, but we hear that there is some move
ment on foot which will probably be more fully
developed within few days. Atlantic and Pa
CiuC preferred uuiet at a OF 80 y to
The general market was weak In the nnal
dealings, as reference to the comparative table
annexed will illustrate.
The volume Of business during the day
amounted to 2ts,4TO shares. divided as follows {:
Pacific Mail 90; westesa ye; e ,d1 nn2n asSsS ca
ssoo; Atlantic and Pacific preferred, e,lOo; New
HSro SIou fsa 9s1Ss soe @ sSEts
preferred, 100 Wabash so st. Paul common, 400.
@ nsT .r, ssns 4 low yss. y
Interpretation Of iSe bal Clique in gold which s as We We
6 @ e ef s ING
II s1GsS s UTdsH Pa " Se Of a % Si G s
Of that Issue still outstanding. furnishes the
nmen . ;Sai hat .mosn, Ss.
s.' ssa sa far Se loan TN. Tay osn Be
scrptons are concerned either here or m Europe
subject ihSash they are rebSr,ed VERY heavy Ths
facts though in the mean time the bulls in gold are
avNiing themselves OF the uncertainty to keep the
under cover Of an this they are ayalling OF the
| opportunity Afforded TO get out OF their long gold
At the opening the market weak and the price fol
sas ey the SoRd cali e sssnss
Saa Sa s' 10 na sr s se
81 fr.nss C. fssas s he sss Tn g.
gold loans the the rates 2, az, and v cent
paid for carving. The subIreasury disbursed tltS.
total cearlnys al the Gold Exchange Bank we're sis
sls0p gold balances. sSsSss and currency balances
ti7Al,ibS The following were the quotations;
loA, NJ. ..".llsS IsA5 r; NJ .lls1 25oP. III
ips ilfs 4 ise sss iiss r. ~ Il Mis Misx la
The days business at the United States sub-Treasury
ss8sNl0; balance $50 605GSl Currency receipts, ",
o.sls767 Payments, tSi2,slO0; balance, taiss'sss
Foreign exchange continues quiet and steady on the
nominal basis OF l09 TO lO9 for prime 90 DAYS bills
and lokall0N for short sight. Business for to-mor
The extra European mali to morrow Saturday per
| steamer Adratic Will close at LIS 7. NJ ut the Mer
chants Exchange, 80 and 81 Pine street.
| The money market, though ruling closely, was yet
easier this forenoon than during the correspond
ing time yesterday, and cent. In alternate currency
and coin Interest was he uniform rate on call amonl
stringent. The highest rate paid was ll6 nat and
the lowest currency the quotation al the close stand
ing al gold The market for commercial paper fairly
The Government bond market has been moderated,
active to-day and prices have been about steady con
sdorng the Influences them for ant
against an advance. The call OF the Treasury will b'
calculated TO mpart new strength TO the market part
cuary to those M which were the last to be Issued by
on the basis OF li6H to hos for 1868.
Henry Clews Co., 50 Wall street, report at4 p Nj