The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-12-17
FINANcIAh AND COMMERCIAL.

THURSDAY. Dec. 16-P. M.-Thc specula-
tion at the Stock Exchange still drags, and tho
volume OF business shows no increase The
movement In Lake Shore-priccs advancing
from 6lhdGl7S- in iuced lively covering OF tho
shorts, but otherwise the market was tame and
dull. The Increased receipts OF the North
western roads. as well as tho large earnings Of
Lake Shore and Erie, has given now comb
dence to operators. it is a matter Of fact tina:
the large holders of these stocks believe that
they arc selling far below their real value, and
having passed through the ordeal incident to
tho panic any change must be an Improvement.
The present holders are generally OF tho richer
class, ana are willing to await the develop
ments OF the new year, without pressing their
stocks at this time.
The total number Of shares dealt IN was only
6,7%3, of which Lake Shore represented Is. 400
Erie. $500; Pacific Mail, $500; Northwestern,
$3.50 Union Pacific, 2.04s; Missouri, Kansas and
Texas, Zoo; st. Paul, so; the preferred. 110)
Michigan Central, loss; Northwestern pref, 700;
Hannibal and -. Joseph. 400: Ohlos. 6O1; New
jersey Central, fl2; Pacific Of Missouri l15 Can
ton, iOO Fort Wayne, 800; VI. l.. and NJ. Co. 100;
United States Express, 24O; Cleveland and Pitts
hurgh. 40; Dellwa,e, Lackswsnna and Western,
40; Panama. 20; wabash, 20; " ellis Fargo Ex-
press, l3j; Atlantic and Pacific telegraph Com
pany, 100; G.; c; and l. G., 100; Dubuque and
Sioux CITY. 100; Harlem, 100; New York Central,
10; Quicksilver. 100; 81. Louis. Kansas city and
Northern preferred, 100; and Illinois Central W
The sudden advance of money to n cent.
gold late In the day was supposed to be the re-
suit of n combination TO deprcss the stock mar
ket, but II Ia more PROBABLE that 1t wnk due to
the season Of the year. when all are liqIidattnc
balances. IL this theory Is true, the advance
must be only temporary In its eject. The gold
market presented no new features. the price
scarcely VARYING = 7 cent.--openng at ll4's aud
closing at 1l4A.
ne folo~inR were the principal duoiations
10 A. M.....1liis 1853 = M....118i4 SIP M....Iiii4
In loans the rates paid for having balances carried
ranged from TO r cent and nat for borr wing.
The total cleGrings at tine Gold Exchange Bank were
si9,2'u,poQj gold balances sSe2 fJOs ara currency
Balances, Sll5Ild7 The sub.1reasury redeemed s2,D
90 In called bonds aud paid out IN coin interest Oh
Tue days bl.incss at the GATED states SuD re asury
was; cola receipts, t2ii StD.sa. 10. PAYMENTS $50
f2245; do balance. t2 od5 81. Currency receipts
f3d01p.U1; DO. payments SHlS,O65. 90; do. baancc.
t31,iiO, 100. Customs. S1SS.UOO.
ne internal revenue rcceipt- $3.50 600 the
customs receipts $50 900. The Treasury Washing
ton received tJlppoj m natioual tank notes fJg r..
d"mpion. The Treasury balances TIE close Of bus-
nc4s ~ Warrington were: cur -encv, 80 7O1O IOi and
COIN slnhn0up, inc uling 81. $50 90 coin acriA-
cate. 1n- bnlion IN the Bank OF England was ia-
Foreign exchange was arm. Prime bankers GOday
oil-to ~ 81 ana short seht 80 $3.50,
cover lurnt b. M we're que'. wifh safes OF o. II
1881 registered at iipa.Gli9 regist,red 10 80 li,4
ana currency Is a. i2!A.
ut following Nere he ~foa - n