The Portland daily press., 1869-03-31
e O M M II R CIAL.


New Work stock and Money Market.
NEW YORK, March 30.-The Money stringency
has been more trying to-day to borrowers than any
higher than yesterday, but Money more difficult
of access and the best firms the street COM
PEELED to pay the highest rates in order to make up
bank accounts The outflow OF currency Continues,
Foreign bankers were heavy borrowers and paid
per cent Gold to have Government bonds carried
number Of cases commission of II a 1-6 was paid
either fiat in addition the legal rate in curren-
y Among 1s the Stock Brokers per cent Gold was
done at per cent. currency, with commissions ad-
ded of / q per cent; few loans were made at Z,
the legal rate, but such instances confined to
houses which ever accept more than currency inter-
est. The break in Exchange and the great difficulty
experienced in gettinh bills adds new class Of bor.
rowers to the market for the time being, and in
creases the stringency. Commercial paper is offered
freely at great shaves but there is very little doing
at 107a q lO8 sight bills 1881 q 1881; quotations
nominal at the close. There is considerable talk of
importing Gold from Europe and already a million
OF American coin is said to be on the way Gold dur
ing the morning was firm; price opened at 1914 and
advanced to 1913, fell to 1919 rumors OF specie
coming from Europe, and closed steady at 1914 9
1919; rates paid for borrowing g. l. 81, 1854 per
cent to fiat, and for carrying g. 81 a per cent
Governments dull but notwithstanding the Money
pressure prices have not yielded and at the close 62s
'65s and new EOS shew improvement of /. As
yesterday there was some disposition to make lower
is some investment and considerable purchases to
cover shorts. Henry Clewes q Co. furnish the fol-
lowing 430 quotations Coupon 6s1Se1 1153 q 1154
do 526's 1862, 11s q 1S4; do 1864 113i q 113t; do
1ss5, 115a 1is; do new i125 1Is; DO 1867, 1f2i q
113; do 1858, 112a a 49, 10 40's. 105 a 1861.
Border State bonds quiet and steady; Missouris 81
SoiS S 6aronas ST 3Tsniss S @ 044
The Stock market curing the forenoon advanced
to per cent, with the principal activity in New
York Central, Pacific Ma North Western, Rock
Island and Fort Wayne, The first named ranged
between 1894 q 1904, and Pacific Mail between s95 "a
903, Miscellaneous and Express shares dull and
steady. The market became very buoyant in the at
ternoen, with Rock Island as the most noticeable
feature, it touching 134l, while the general list was
all higher The iull advance not maintained to
the close, however, and the market left off dull and
heavy The following are $50 prices Pacific Mail,
894 q 500; Western Union Telegraph, 37F; New York
Central, 1893 @ 1897; Erie, 341 a 343; Hudson 1884
1S9; Harlem 134 9 1344; Reading Oh q 914; Foit
Wayne, 124l (9 1248 Michigan Central III d 119;
Michigan Southern 95s q s6; Illinois Central, 13s q
14o; Toledo, 1868 q 1864; Chicago q Rock Island.
1885 a 1889; Chicago & No. Western, $50 q 83s; do
preferred, 92a @ 92t
The balance at the Sub-Trsasury to-day amount
ed to $87, 7,518,546.
The clearances at the Gold Exchange Bank to-day
amounted to $57, 100000
The exports to-day were $4,000.