The New York herald., 1870-04-16
FINANCIAL And COMMERCIAL.
WALL STRFgT,
FRIDAY. April 10-6 r. N.

There was an almost complete suspension OF busi-
ness In speculative circles to-day owing to the I'D
journment Of the Stock Exchange ana Gold Board
over Good Friday. few operators made desul-
tory market on the sidewalk, but transactions were
limited. When three O'Clock arrived the banks and
banking houses closed and all business terminated.
GOLD 1l3H A 113H.
The gold market retained the strength conmuni-
Gated to It on Thursday and frmer feeling m ex-
change led 70 higher rates In the few uansac-
tons that occurred In the sidewalk market The
reeration OF the statistics OF the imports and ex-
ports Tor 1859, showing an excess In the former OF
O00 also assisted the stronger tone OF gold.
When these 1gures 1rst came from the Washington
bureau 1t was shown that as the domestic proouct
OF gold Tor 1889 was about $600oJ, 000 ana the ex
port of American securities at least $780, Ooo for
the same period, The balance was clearly in our
favor. The extra Official announcement Is made
with this report that the difference OF 900 Is
due 10 the reduction OF the value OF exports by the
premium on gold. Now. IL looks as II the gentle
men IN the bureau were 10 league with the gold
gamblers. They first assisted the decline OF gold to
1l014 by coming out with the startling exhibit Of an
equality between the Imports and exports-tne lat
ter DeIng stated IN currency. Now, however, when
"Dur' clique has started 10 put up The
price OF gold the Washington statisticians
come out with the discovery that our exports when
imports. The fact suggests afresh tue reflections 80
strongly evoked by the revelations of the gold con-
spiracy investigation, thar most OF the officials Of
The land, in every position. are given to speclla
ton. The present movement is devOiu, however, OF
the formidable proportions or that OF September
last and II, moreover, undertaken little too pre-
maturely TO receive commercial assistance, as the
stocks OF cotton and produce now In our various
ports are ready to noat OF upon rise
OF one or two per cent In gold Some
use IL made OF the iacr that the
specie reserve Of the Bank OF England has de-
creased the last two weeks successfully and the
Ign bankers have stiened the rates for sterling
exchange But the specie In the Bank OF France mas
increased as that In London has gone down. The
nrmer feeling In sterling VIII, therefore, lead to re-
mittances In francs, the rates for winch viii be
easier and defeat the eject OF tight sterling on our
gold market The business for to-m0rrow's steamer
was moderately active and the prime bankers ad-
vanced the rate :0r sixty day bills to 100 and for
sight drafts to 10sx. the market closing steady at
these quotations.
STOCKS STRONG.
The dealings In stocks were almost trining, but
prices were nrmer with the advance In gold. The
Vanderbilt securities were STEADY. at 92X % for
the stock and ssN soX for the scrip. Lake Shore
was strong at ssk, and closed at sS1f Q ssh. The
q 100; Northwestern, TAX TAX; DO. preferred, 80
. s6k; Rock Island, 116K III; Pittsburg 10lX
bid; st. Paul, COX cox; do. preferred. "A TAX;
Pacific Mail. 37k q s71s; New Jersey Central, 1861
lO6 The operators LEFT the street a. early as
two O'clock the gold dealers alone remaining until
she closing Of the banks. 8i
MONEY STEADY.
few loans were disturbed but the borrowers
were readily accommodated at hve to SIX per cent.
Commercial paper was not reported, and rates,
therefore, remain as previously quoted.
t-a GOVERNMENTS STRONG. rs
Considering the semLholiday there was q large
business IN governments, which were In strong de.
mand by the investment buyers and the banks, and
advanced an eighth to quarter per cent. Tae fol-
loving were the fnal quotations: United States cur
rency sxes lliH l1l2s; do, 1884, registered, ia
| ll4k; do. do., coupon, 1l42s 114s; do. dve-
| twenties, registered, May and November, 107
lo7 4; do, 1862 coupon, do, 1l2k 1l2S; do. do,
1884, DO. do, 1lOX Ill; do. do, 1866, do do.
n1x al1lH; do. do, coupon, January and July, 1905
looa<; d. do, 1857, do. do ll0K 110,s; DO. do.
1865 do do 11Ol HOY; do. ten-fortes, registered,
l0e 1861; do. do., coupon, 1O62< 1861.
The following shows the results or to-day's busi-
| ness at the Sub.Treasury in this city:-