The sun. [volume] (New York [N.Y.]) 1833-1916, 1878-08-04
FINANCIAL AND COMMERCIAL.

SATURDAY, Aug 3-P. M.-The genera
stock market opened to-day with an advance IN
prices ranging from d. 10 e y cent under tho
Impulse given by the demand from the short
interest as developed ut the close of business
yesterday the exceptions TO these figures were
on st. Paul .prcfcrred. which showed an i'm
provemcnt OF 1 q cent and Lackawanna.
which was q y cent lower. This latter stock
and Lake Shore at once developed declining
tendency. which was impaired 10 tho remainder
OF the list after = to p cent advance hal
been recorded but later on this influence was
cast off and u partial recovery followed
the market going into the call Mt prices
having n near approach to opening figures.
During the remainder Of the forenoon an irreg-
ular tone prevailed. but shortly after midday
movement was made against the two Della
wares and Morris and Essex; Lackawanna
giving way to 81 Hudson Canal to 81 (. and tho
last named TO ~. Rumors Of n disruption Of
The coal combination were used with effect. and
tho downward course was continued up to tho
close. the small attendance at the Exchange
during the afternoon iavorng the purpose OF
the attacking party. If il wis n strategic move
ment. which It appeared 70 be. similar to that
in which Western Union figured 50 conspcu-
ously yesterday. The general market did not
synlpathi2o to any grcut extent in this break.
and prices left on steady midway between tho
highest and lowest points of the day. The
Granger stocks seemed to be the objective
points in view Qf the managers o! the Western
dcnccs point TO the existence of u mnteriM
short interest IN the first named class, which is
lively To develop n very active condition during
the coming week.
The gold market continues dull and the price
steady at 1000.
In loans Ihe rates paid for the Of goi a.
I 4 cent. aud HAT anl for carving r cent
S ~ The sS s sSns q go s' SnS
currency balances 81 4o B2 the clcarnss ui the
week having been smnl, amounun- o. on SNN'.,-
ts The sub TREASURY paid out today SIuiuln CON m
having redeemed s3ut so IN called honls wich dHli
tie week aggregated Sl.ii3,5Op. receiving during the
Sdiuc Irriui ia CON tor customs S-.l~tp.
The DAYS business At the United states Sui Treasury
G7u ~. balance sl24. Js;esj ~ Notc receipts.
SJT7 ~ ~, do. payments sh2ju5l o. Do balance.
So. III rs n. Customs. S20.'Db
fhc Internal revenue receipts ut Washington TODAY
Treasury also received sNffn in national bank iOtc
for rcdrmutipn The Treasury holds s14- istro "
bonds To- secure thc national hank CALCULATIONS also e3
80 100 iur The puht deposits Tu' bullion 400 the hak
OF ENGLAND was doc srnsci rildUp The Imperial Bank
OF tormauy gained i7GUtl rs duin- ihc last week
Foreign exchange tUlnh qulr hut steady ~ - ~ and
tIho', tor time and demand draft respective 49, with
/ conc rssiOus oi leel'sf iu utti uHnHiru -
In the money market ,ull ans oi fl0.c. OF fnrruN
stock collateral RANGED At 49, r ccut. it nnnl me-
s"uaions at e cent Prime commercial acceptance 4
! passed 1T dsf
The weekly exhibit tho associated hanks reflected q
loss 81 81 ln4S1 AGAINST icu n' 900 - lao pa IA
thr ii,m of deposits Tho peel, item showed d.rfcne
o a. i"t, aui The i'tIe-erNc Wa fhrfriHr fy1 =
les than last work. but the banks s, hold ~ UO- -
| IN Nccss ~ the - y cent required lv law
The loans were rUfr acted Si~F bat the circulation
was increased Sin1 ,'vl
Government bonds were n food request from saviu-s
nrm The pnnrirai business Was iu l~'. Isis "a, "
]