The sun. [volume] (New York [N.Y.]) 1833-1916, 1875-09-10
riNAxCIAL avn COMMERCIAL.

THURSDAY, Sept. 0-P. M.-The more
buoyant tone noted In the stock market during
the late transactions OF Wednesday found fur
Their development in to-day's operations. and an
additional advance OF \ TO I p cent. was estab-
lshcd, though the market subsequently submit
ted to reaction, and closed 1sdoi lower than the
best figures made. At the advance there were
large realizations, and some Of the more cour-
ageous bears also were tempted to put out fresh
lines. disposition TO cover contracts, how
ever, stimulated the late trade, and the market
closed 1rm. Western Union, Erie, Pacific Mail,
and Lake Shore were the conspicuous features
OF the day, the first named having rallied = q
cent. to slh, while Erie stiGened the remainder
of the HIST by a rise Of l Y cent. to l9&, which
was partly induced by higher London quota
lions, and partly because the foreign bankers
were In the market active purchasers Pa
cnc Mail took sudden jump also Of 2 cent.
t. 3Sal, Lake Shore at the same time selling up
II 51S st. Paul common TO 81 =, the preferred
TO @h. Northwestern to 40is, Ohios TO l0k, and
Rock Island TO l0sA. After midday dun aud
stagnant speculation was observed until a short
time before the close Of business, when nruer
tone TO Western Union and Erie assist ed In
raliying prices. The resignation of several Erie
directors TODAY and the election OF MIR J. H.
Brown and J. LOwbce Welsh 70 oil the vacan-
Cues AS representatives OF the English bond
holders gave announcement to operators, who
the reconstruction Of the company, and that
money would bc forthcoming to establish the
road ON a sound basis.
Tho movements OF Lake Shore were not well
understood. but the bears on sever ] occasions
vigorously hammered this stock. and were In
y ri successful, having caused decline Of "a
D cent. to 81. though closing at 81 rs against
D . at the opening. Rock Island and st. Paul,
both common and preferred, were weak during
the afternoon, with mai sales at the lowest
points OF the day. Atlantic and Pacific Iele-
graph r'nged at 2lhW2l'sG
Tho total number Of shares dealt I'm l43-
Or, Of which Western Union represented $500;
Lake shore, $500; Erie, 23.2OO; Pacific Mail,
2l1uO; Northwestern. $50; ST. Paul, 800; the
preferred, l.sOO; Ohios. 22Sl Atlantic and Pa
enc telegraph Company s,loe; Rock Island,
trial, SIS; Consolidation Coat. 425 f; Northwestern
preferred, 80; Union Pacific, 30; Panama, sso;
and ". Co., aJ; Atlantic and Pacific preferred,
90; New Jersey Central, 2l6; Erie preferred,
TO; 1t. Louis. Kansas CITY and Northern pre-
ferred, leo; Wabash, lOO; ana Cleveland and
The gold speculation continued active at an
advance To- ll5's, with this hgure and AN addi-
1onal LIS hid II er I. NJ The scarcity Of cash
but The advance WIS chiefly due To the manipu-
laii"ns of new combination for rise
1000 4. loo. ll5a l2nap. M"u5A lliP. Mllb'e
ie.O5 r. NJ. lbs il:.' ? NJ .ii5i 500 r. ii5as
n loans the rlte' pa for tue use OF sod were 80
Tac tSia esar.s AZ the cold Exchange Bank wer,
ia nc. o' Te t gs,sr 4ga earr.nsY
tu ia called uuud anu pald out Ia coin interest On nc
pu nlr deb si3UUl.
The day business at the United states SUD Treasury
was, Gold receipts. al,Wit.NtA.4s uu. payments,
$3td2i25O, DO balance, ta5 S.2t.ld. currency re.
gcpts Aib2iphal dO. payments, tflS17i.15: do,
bal Mcct go, 1Gs.a29.ii. Customs. $4,000
The Treas ny balances az the close OF business IN
Washington were: turrcIcY, fe5U1.osrt; ANA coin,
tUdUpNo1h incluung Sldu1n0Uo com certlncnrs At
TIE reIsury sIle Of fluu.uNu gold TO-DAY bids were
elected TO tue extent OF $laolO at prices ranging
from 40 ul To ll1Au, ami tuc awards were made al
liS4j. ~, Do lion .n the Bans uf hugianl was dr.
creased A,nwh the specie 900 me Sank q France
l q 1 4. NH Ul 4 .s
Foiri-u rNrlmn- htclmr further driuurtlyai hy the
Scarcity 20 ct-l gold ana thr ritfH uHrl o.
Isis ana siSi's fnr tme aud dtutnl bills. VITA the
&C. lu- rates % Si.s2 GA SO, and 8iSoyOis4S5.
Money continued iu LIBERAL suuiy on call al A.. . y
cent ami discounts ranged n faN
Government hNId- reflected q good investment III
qun nom hanAs ami saving. Institutions, 10 AN ad.
vance of isa q g. cent The rAn..rtlous at Inc boards
Wtf0 tI, ut h' Cuut ttl business continued active.
thc tril demand h'ln- baca fofr gIsttred 10 Js
. new b., 1851 and Currru t4.
The FOIL HNiu. were the r. N. closing priec-.