New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1875-03-19

sbouch its nominal capital is f6000O0 the amount
NJ paid ND capital is unknown. II may not be wise
10 ignore or underestimate the possibilities Of the
financial situation abroad, but it must also be re-
membered that the recent call for $3O,OOo,0oo OF
bonds by the Treasury Department is likely to fully
supply the vacuum which any possible trouble
abroad may cause us here; so that if the fears OF
the overcautious should be fully realized, which
we are inclined to doubt we shall probably be
less affected thereby than would be I'M
der other circumstances The stock market
opened lquite firm, and with an apparent con
hdent buying; but for reasons before stated,
soon developed weakness, which continued
all day. and was still more decided in its expression
at the very close. The business of the day was not
large reaching only 100000 shares Western UNION
opened at az, and after declining to q, remained
suite steady at man. until near the close when IL
,old at 769 decline for the day of per cent. The
sales of this stock amounted to 29,ScO shares
Pacific Mail started off at SSs, sold at ~ de-
slined to s. and later to S1S, closing at St on
sales of 1850 shares, a depreciation of per cent
Cor tho day. Union Pacific, transactions OF S65O
shares cold at 4e,04s. 90. and in the scrimmage
At the Sast moment ut 4Ss@3s2, decline OF per
cent rec yesterday. Northwest, sales of 179ee
shares declined from ~! to Az. ST. Paul, on only
$500 shares, declined per cent to 35; and Rock
Island to 1865 on 1900 shares. Wabash sold from
~ to III on $500 shares. Ohios went OFF per cent
from the opening price; Erie, :! and Lake Shore
sales of 1900 shares, went of per cent
from 73. to 49,. Advantage was taken by
the bears of the uncertainties of the position
TO help the market down. and there was quite an
evldent willingness to discount the effect OF an
ANTICIPATED bad bank statement for Saturday, which
IN expected as the result of further Withdrawals OF
gold. An attack was made upon Union Pscihc
through the bond market and its issues were offered
down very freely the Sinking Funds selling at one
time as low as S6l but subsequently raying to SSs
and closing at S. Mrs attack similar in It's
character to the made short time ago
mon Northwestern, when its gold bonds
,old down TO 49,. Pacific Mail was also the
object of determined assault just before the close
II is alleged by tho supporters OF Pacific Mail and
Union Pacific that both these movements are IN
aicatve of desire the part OF the shorts to get
prices down so that they may cover before the new
and complete arrangements between the two COM
panes. now pending. are fully completed and made
public; but if appearances not deceptive, the
short interest is increased at every fractional
decline 1t is stated that the settlement OF
the differences between the Pacific Mail Company
and Mr. Roach, the shipbuilder, which was fully
accomplished yesterday, results in placngthe imam
ccs of the Company on a much better footing than
before and saves to the Company a large sum OF
neney. The Rock Island Directors have declared a
per cent semi-annual dividend payable April q.
The books close ON the afternoon of April g. They
also passed resolution calling in Sl50OOO of their
Mortgage Sinking Fund bonds interest to cease ON
the LIST of July next. The opening, highest, lowest
and closing prices Of active stocks sold to-day were
ma follows: