, 1875-10-10
LATEST,

New TORE, Oct 9.-The events Of the week IN
financial circles have been important 70 far as the
Stock Exchange VIA concerned, and there has been
carnival Of depression, resulting in heavy decline IN
railway and miscellaneous shares. The feeling at
intervals has been unusually feve1ish, and both divi
dend and non-dvtdaad paying shares have been sold
with great boldness. Rumors Of tbs most unfagor-
able character have been freely circulated, many Of
which prove to be without auy foundation IN fact.
Outside Of Wall street business matters improv
ing, and mora confidence il manifested in the
future Among dry-goods and other MERCHANTS
good business has been transacted during
the week. which, together with the active trade Of tho
two previous weeks. has caused such large disribu
ton Of merchandise from this point that stocks on
hand are reduced to very conservative basis.
The loss Of S. 100 in legal tenders by the
banks this week Il healthy slsn; especially aa me
crops and assist tue fall trace. The imports foz
the week were 8 az 50 produce exports s.
God opened and clo2sd to-day Ut hay, tho extremes
;ts sts:e sa1 boaas i 'aylsi qlist and nominal.
<ioyarnmants steady.
Railroad bonds quiet.
stocks opened firm, but soon after becama weak and
prices. Tho Rumor COMMITTEES csrtainiy st work,
and batch Of unfayorahle Fumors was set atloat
which assisted the depression Tho frst the taure
story circulated that the Presidents Of the savings
banks met Inst evening and received to demand sxty
days notice ali Withdrawals Of deposits. After this
there were runners Of arga falling o In the earnings
Of some Of the trunk lines, and then CANA the IN
favorable bank statamen: The selling moVeuaent WAS
directed largely Against non-t;eiye1ed & &2sy-
waa these. Northwest common declined from 81 to
o37 prefe1red from SIX to g. St. Paul from 1911 to
e9n, preferred from 6iJ to 81, Lake shore from sS
to- 61z., OHIO from l5x to IS. Missouri Pacific
declined from q to la, but afterwards recovered
to 199s. New Jersey Central rcse from 1oo7t to
1u3,6, and Delaware, Lackawanna l. Western from
115to lit. Michigan Central fell OF from 6431 to 53s,
Rock Island from lo2a to 1o1X. and Hannibal St.
Joseph from le1S to 10. Union Psctc advanced from
ea4 to C3as, but subsequently, reacted Paeinc Nail
to So and afterwards fell of to 34ss Western
UDion advanced from TX to 75 aad later sold down
to 731. ..-.,
prices recovered Il to Per cent On the entire list
Stocks were frnar during the LAST hour Of business
with recovery Of Il to " per cent from the lowest
point Of the dsy. The dnnial Of the unfaVoraoie
ramors Of the morning insisted in ralyng the prices
The greatest improvement in st. Paul preferred,
which advanced FROM 584 to 6lA. Northwest pre-
ferred next, tisng from 46 to 49, St. Paul COM
from s33f to IS, Lake shore from 81: to 62 Union
Pacific from e2h to s3A, Rock Island from 1olA to
1024, New Jersey Central from 102 to 1o3h, Pacific
Mil from 34 to IS, Western Union from 731s to q
and Ohios from ID to 15Ac. Panaua sold ut l23.
Missouri Pacific quiet at 19t@19h.
The transactions at the Stock Exchange to-day ag-
gregated 2i3 568 shares Of which 5000 Eric, 65
5t0 Lake Shore 40, 600 Northwestern, $1,000 Pacific
5000 Union Pacific, and II, TOO Missouri Pacific.
The weekly bank statement ia ns follows Loans, in
ease, 332 sou specie, increase, $25260o; legal
tenders, decreaae &c. deposits. decrease, s.
crease, 81 ,S19.35.
Money market easy at ~. Prime mercantile paper,
sH@7.
Sterling exchange 47sN for tins; 4a2x for de-
nand-