The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-09-04
FINANCIAL AND COMMERCIAL.

FRIDAY. Sept. 3-P. NJ 49, The general
stock market opened strong and advanced hQ5H
q cent. but II was soon evident that operators
were anxious to realize the profits on their pur-
chases Of the past few days, and about II O'Clock
the market showed signs OF weakness. There
was subsequently partial rally, but during the
final hour Of trade the bears made another raid
upon the chief speculatives OF the list, which re-
suited In the establishment Of the lowest prices
OF the day at the close the decline having
ranged from ?. to y cent as compared with
the best figures. Northwestern dropped / y
cent Co 39% the preferred = to 55A; Rock
Island a to 1914; Lake Shore, = to 57'I St.
Paul, = to 3GA; the preferred also a to
GA Pacific Mail. = To 31A Union Pacific,
T. ( 10 90, anu western Union TO .st.
ton Of the day. and after opening at 1884, fell on
y cent: but from this point the price adj
vanced actively to ~, under the influence OF a
sharp covering movement 10y the shorts, assisted
by LIBERAL purchases fer rise. II subsequently
yielded to I'M and closed at l1lI. This fresh
buying movement was induced by the fact
alluded to this morniug-th the committee
representing the English bondholders were dis
posed to cooperate with the Board of Directors
In relieving the Erie Company from its present
endorsements.
The total number Of shares dealt in wac 49,
go; ot which Lake shore represented 42GOO;
Erie, 25.eO; Western Union, 1905 Pacific Mail.
500; Northwestern, s,sSi St Paul. $500 the pre-
ferred, $3.50; Rock Island, 1900; Union Pacific.
1.lOO Northwestern preferred. SO0 Ohios 500;
n
wanna and Western 40; lianni bal aud st. Joseph.
300; Atlantic and Pacific Telegraph Company,
20; Chicago ana Alton, y2O; NJ. l.. and NJ. Co.
30; New York Central, no; Pacific Of Missouri,
20; Quicksilver. 800; Wabash, PC; Atlantic and
Pacific preferred, l0 American Express, 10;
Canal 30; Alton and Terre Haute, 80; anu Nor
ris and Essex, 81.
There was only a limited speculation In gold,
but strong tone was impaired to the market
by the fact that specie shipments 10 San Fran
cisco had commenced. The Treasury Depart
ment durug the week has made telegraphic
transfers of $lN0.010 gold, which Will be in
creased to about $2,5OO,O00.
The opening price was 1l4A, with define to
1iih. but II subsequently, adyanced to iI4i.
though closing at the early figure.
fhe following were the principal quotations.
1910 A. NJ. .ll4X 1858 p NJ. .l14ss $500 r. NJ iilL
In loans the rates paid for the gold we're 30i
~, ~ =, ~ y cent and pat.
The SUB treasury redeemed $4,000 in called bonds
The days business at the United States sub1 reasuy
wA: Gold receipts, tis25ll 90; 10. payments
balance, Sdl. i4i.7O7.s7. Customs. t27iUON.
. The internal revenue receipts footed up f3O0OOO.
The Treasury az Washington received tt56OOO 10 na.
uona bank notes tor redemption.
Inc hu non m the Bank Of England decreased
The imports OF dry goods gold valuation. for the
w,ek ending TO day, amounted to f2dsl 63S and e.,
Foreign eNcnanee ruled duh and weak Al a. s5,e and
u $50 for time and demand bills.
Money was ~ plcntfu supply on call NJ 2d2iS m the
nornig, on, later oanAoe FUNDS we're freely offered
a. l@l.V. discounts ranged at 4tb. Government
bonds were strong with the principal TRANSACTIONS In
registered aud coupon ic4Qs.' coupon ls65s, new
coupon lSb9s, ana coupon lN5is.
The follONlng were the 8 T. "a. closing nrices.