The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-10-21
Financial AND COMMERCIAL.

WEDNESDAY, Oct. 20--P. M.--The opera
tions at the stcck Exchange developed an &C
tive speculation, wi n the principal dealings In
Pacific Mail, Lake Shore. and Western Union,
though North western, Erie, ST.. Paul. and Pa
cinc Of Missouri at times attracted attention.
The advance Of the three leading stocks first
named ranged from 10 - y cent, the extreme
having been observed In Lake Shore and West
ern Union. while Pacific Mail rose from 3sss To
3Qss The movements In this latter stock were
directed bv Jay Gould, Will, Lake Shore was
rallied by ONE OF the prominent Spectators Of
the Tweuty-third street party. and Western
Union was chiefly directed by the leader OF the
gold combination OF last March. large
amount of long stock, which had been carried
through the Improbable season Of the past
two months, thrown upon the market,
which will explain the check To the upward ten
dency observed In the late trade. Northwestern
was again taken In hand bv some Of the old pool
In tuis stock, who bought back considerable
time AGO, when certain members unloaded with
ton. Ohios were only moderately Influenced,
but Union Pacific was moved up y cent. TO
mN, though closing at GsH. Erie was tribe
sur niger. but Pacific OF Missouri " weak at a
decline Of ~ ~ cent. To IL. Atlantic and PIT
cihc preferred sol at On. with asked at the
close, and Atlantic and Pacific TcoVr.p h rallied
to ~. The transactions in the other stocks were
not important. The combinations operating for
rise were free sellers in tho afternoon, but
whenever the market looked tired, except at
the close, they quickly FASTENED to Its support.
The total number Of shares dealt in was 2si,-
24l of which Pacific Mail represented u,31l
Western Union, 1880; Lake Shore. $500 (;
Northwestern. 1870; Erie, 1865 Pacific of
Missouri, 59,O: OLios, $500. ST. Paul, 1900; the
Pacific, 200; Northwestern preferred. $50 Han
nibil and ST. Joseph. 100; Rock Island, 500 { n
New York Central, $50; Kansas Pacific, 800; Del
aware, Llckawanna and western, $50; Atlantic
telegraph. 400; G., G and 1. c., 100; Chicago and
Alton, 100; Illinois Central, lis; 81 Louis,
Kansas cry and Northern preferred, 20 Quick
silver preferred, 100; Wabash, 100 United states
Express. 115; ma Cleveland and Pittsburgh. SO.
The gold market opened arm at 49,, and soon
advanced to ll6S, but at this figure there were
liberal realizing sales, which broke down the
price to llGA, Though closing NJ 1852. The local
oper tors were free sellers in a belief that some
OF the large holders were still unloading. and
while there may he further disposition to
break the price In order TO purchase the million
of Government gold on Thursday, yet we should
not be surprised II the market should prove TO
have been oversold.
iS'eYi los i2ii0o Il iii6 $40 + Il lbs.
1l:a5 A. Nj. .1lbla 1n3P. M...1id. 30OP. MIl6ss
In loans the rates pald for the use Of gola were ll6
,yb nv va Vlci ~. .ne v9 1Neaus, 'nN
balances ,s3bi55si Tue su6.ffessury redeemed 80,
ygbc Gh AK, sG al" p'u 'u' " coH interest Oh tue
The day. business at the United states SUM- reasuy
eeOle 40 balance t3s.e5isi9lo Currency receipts
fluSl .2d3 33 payments. 5i,2iiiHi 40. balance
tb3.376is0 20 Customs s25 900 s1.57pOOO cancelled
gold nOtcs were tOrw arded TO Nashlneton, ID. {.
The bullion a. the Bank of England wah decreased
Al52,OoO The internal revenue receipts 100 Ell uT
$3.50 90 ana the custom receipts s5juuVO The Treas
ury Nc Wa hpeion received 100000 in national bsnk
notes FOR Tedeup Ton
were reduced TO t475 and s4.sl!s for lime and
demand oils.
Money continued ia liberal supply on cali Of 2ts3
cent With free urring after A. NJ al tai lower rafc
Disc UNITS ranged ~ COZ cent Tor prime Commercial
/ names
Government bonds were STEADY In the morning rade
wi gonu ,enludi nut later pilces were elgnty re-
/ ducc q, though the market closed steady
/ I.-a. 1870 IL -.-r I u -. --D...