New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-03-30
MONDAY. March 29-P. NJ.

The week opened with much excitement on both
the Gold and Stock Exchanges. The clique in gold
again made an exhibition of their power and
willingness to obsruct the legitimate business of
the country and by their action of to-day in extort-
ing from to per cent per diem for the use of god
have done much to offset whatever of promising
nature the situation had presented OF course the
foreign exchanges were all demoralized and the
gOtiations Of bills virtually suspended, the
quotations of sterling receding to 81 20 and
"a SO respectively for GO days and short sight
but without business. The effect of this
condition of affairs was quickly revealed on the
Produce Exchange by heaviness in all the mar
kets-all the result of the best currency the world
ever saw" But we are happy to notice that bonds
under the 10th call to-day were presented at the
Snb-Treasury to the extent of 100000. Now,
if all other holders of bonds which emu
meraed i'll the 10th call, will follow the example
thus set them, they will at the same time do
a great service to the commerce of the country and
probably benefit to themselves at the same time.
The excitement attending the opening of the stock
market this morning, probably has never been
exceled, and seldom equaed. may be
from the fact that between the hours OF 10 and
10 o'clock the transactions reached the enormous
figures Of 244,000 shares With the total sales of
about 10000 shares the day has been one Of i'm
mense liquidation by both bulls and "bears :"
and notwithstanding the sharp advance of the
morning, it will be observed that the market gen.
orally closes at decline from Saturday night of
from to .. per cent. The transactions and princi
pal fluctuations of the active stocks and the changes
from Saturday night have been as follows Western
Union, 1880 shares at 7Gi0U07j1 07Gl0 75,076,
a decline from Saturday of per cent. Pa
cifc Mail, 5000 shares at 45!0fj01! a Is! GH!0
43J0H,a f2.0i 49, decline of l., per cent. OF this
stock there undoubtedly has been some very heavy
realizing Union Pacific, opening at 62. after some
violent fluctuations finally closing at an advance
from Saturday of 4. per cent 100000 shares having
sold at 62aH! ASA 63. aG2l G6i0G34 0GS! ~6)0GG.0
Co. 2S 100 shares of Northwestern sold at 4G.G4GS0
5.O4js decline of per cent; 1900 shares OF Pre-
terred sold from 59s to 5Ss. decline OF . per cent
OF St. Paul. 600 shares sold at 3SG3Ss 1885,. show
ing q loss of per cent and 1900 Of Preferred sold
from 56I to &C. also loss of per cent Rock Island.
on sales of $500 shares from JOG. to 1866. records
decline of per cent. Wabash opened steady and
quiet; but became with the rally which occurred after
midday very excited. and, by the active and com
petatlve buying for short accounts, rose to l6. OF
this stock $4,000 shares were sold at l4s0lia 1870
IA! the final sale being gain of per cent. Ohios,
also leave off with gain of per cent, after sales of
81 600 shares at 2SG29. 2Sa2Ss Lake Shore. after
the heavy covering of shorts Saturday. steadily
declined from the opening price of 70 to 49,. rallied
to "a closing at 732a loss of II per cent after sales
of 5000 shares. Erie opened with a squirt, up of
per cent from Saturdays close at 35t sold at 81 la
S2s033i a 1881, losing q per cent, with total
sales of 5000 shares Seven hundred shares
of New-York Central sold at 10l Hannibal
and st. Joseph was quite active, with sales
Of 10000 shares at 29030. d2G.0 2SlG28, loss of
per cent: and $500 Preferred sold at 3Gl a31d:Jl
decline Of per cent. New-Jersey Southern became
quite active 5000 shares having sold at 6a52a l0.U
81; COO shares Missouri Pacific sold at 49, 0i9 thus
gaining per cent 1000 shares Atlantic and Pacific
Preferred went at 14G15. 014., gaining /! per cent.
The general market closed feverish and unsettled at
a fraction above the lowest prices. There was some
street talk about Union Pacific being corncred, but
we think it was without foundation, and not war
ranted by the position of the stock, which we
assured is largely held by investors, who have
recently bought it with faith in the Com
panys ability to earn and pay dividends, and
who therefore think it cheap: To this fact, more
likely, may be ascribed the difficulty of buying the
stock without naturally advancing its price. The
local money market became very active, rates going
up to gold and currency interest and 1.32, the
suit probably of an active changing of loans growing
out of the immense business Of the three past days
on the Stock Exchange, as well as from the demand
for money for the necessities of the gold clique The
opening highest lowest and closing prices Of stocks
sold to-day follows:
Opening Highest. Lowest Closing