The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-09-03
FINANCIAL AND COMMERCIAL.

THURSDAY. Sept. 2-P. M.-The specu-
lative excitement at the Stock Exchange has
practically subsidized, and the bears, after a
vigorous attack upon Lake Shore and Western
Union in the early trade, withdrew from the
held to await more favorable opportunity
The first named yielded :. " cent. to 51a. at the
commencement OF the morning board, but
Western Union declined only =, and these two
stocks soon took on strength, adyancIne 10 bss.
and 1eh respectively. Pacific Mail and Erie also
became stronger at 30 for the former. while Erie
rose D. cent. TO l6hc. Northwestern preferred
ralled TO %. the common selling at 4O,. dt.jq7 "a
4O't buyer 3. ST. Paul advanced to 49,. for the
common, and the preferred to 63%, both stocks
closing at the best figures Of the day; aud Rock
Island was also y h cent. higher at l0sA. Pa
cinc Mail moved up to Is. but reacted to 81,
aud Ohios further improved TO l9A. The ac-
tiNitv IN Erie was due to the anticipated CO.
operation OF the English committee with the
Board OF Directors In the resusctation OF the
A decidedly more confident feeling was OBJ
served IN speculative circles. but TINS is likely to
be again disturbed by the bears, who have not
as yet covered their contracts TO any consider
able extent; some days, therefore. will prob
but when the little "unpleasantness" between
some Of the high contracting parties Of the late
western Union pool has been arranged, the Au-
gust programme Tor bull campaign will doubt
less he resumed.
The total number OF shares dealt In was 49,
III OF winch Lake Shore represented 1920;
Western Union, 3i.39s; Pacific Mail, 5000; North.
western common, 6IO; the preferred. 1900; st.
~. g.
$3.50; Ohios, 2,ijO; Rock Island, 1880: Union Pa,
enc, tcO; Mariposa Land and Mining Company,
2u the preferred, coo: Chicago and Alton pre-
ferred, go; the common, 10; Atlantic and Pa
einc prefcrred 800 Delaware. Lackawanna and
Western, 10: Kansas Pacinc, 500; Hannibal and
81 Joseph, 30; Michigan Central. 100; New
York, New Haven ana Hartford, 10: Wabash,
100; Delaware and Hudson. Il Chicago, Durline-
jersey southern. 81; Illinois Central 20: Anieri-
can Express, O.; ana wells-Farso. 90.
The gold market opened weak at ia and
declined % M ha n,
and advanced To me-, with later dealings at
llIA. The causes OF the Improvement were
found In the scarcity OF cash gold, the hich
price az which the Government gold sold to-day
was taken added to early rcpOrts that the
Credit f9ncier Of England was financially en-
ineioloWiuE were the principal quotations,
ii"oson, 4 MM''"iiii, 1899 4. MiiTs llGP. M.lln%
100 4 M..iisS, 1915 + ii liz 500 + Miiii t
In loans the rates PAID for the OF goli were 0I
TIE total cearings al the Gold Exchange Bank were
t25iso 90 20 balances, tloS5 90 currency 0al.
Thr treasury redeemed 1851 900 in called bonds.
The days business the United States suOi reasury
GSa 40 r1SS siSse 49, 40 Poymsns
eepts $3.50 IL 49, do payments sSr s2I IS; do bal.
At The Ire sur i sale Of 81 odS goo hid.
we're elicited TO The extent Of HOeo,OoO, at prices
mad On u basis Of ll4O5aIiI.Od.
iae bullion IN the Bank Of England was decreased
A-is,ul4 during tie
nd Snsf SaS9a&s to T $50. an a =. So "s9nes IN G
s1ppJ on al At to cent t6cfs SaVins BEN free
we're quiet At aG Tor prime endosed ns1@
Government bonds were weak anu irregular during
hsner gold aud exchange the market lccane strong II
1sd7s Al leo; registered lo4Os Ii5Is coupon DO i84
coupon ls6i. new ll'as coup,u o., 1881, 10 regis
tered doi ild@ilep coupon lsdos, old, ll5A aud
Tie ful a. "a ln., u.f,. IN. Y - a ct..,,,