The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-03-12

| EINtNFi1k AND COMHERCTff.
TRm.y, March ii--P. M.-Thc gold marke, has
beon remarkably active. aud Of INC severozt srug
giles between the bulls and bears recorded vas
wtuctseI to-day The advance was sharply Contested
though the excitement was lie than noted during
tuesday AMI weiucsiay but o more perslsent siub.
born nrht ~ has never been cur province TO rccod
even In the Gays OF last Sept moer The shorts
| commenced covering early In the day, while the
bus were forcing up the price WashIn ton
| dispatches that tho Committee on Foreign Rela.
| lions would TODAY reIort q resolution favcrlug
| the owleigmCnt OF bell ger1nt rights to the
Cuhans under III, influence OF heavy puich AMI
the nieht Of the tcGs, the price mp to iis1
advancing y cent in few nnnt"s; but tn bears ~
this nguIe made another raid upon the market. and
broke the price 10 is. Abonti p. NJ those operating
Tor rise successfully manipulated the market tn
rchchng III. when another effort was made to check
the upward ard the struggle at this point was
frarlly desperate and persistent; iSt vas touched,
aud QuicS rally to III ,ucceeded. At this time.
de'ralchct received rom wa'hingion that the
Senate had pas ed certain sections OF the Funding bill
iayorirR eonuac lon md there was a rush Of
the bulls 90 sell Vague rumors OF tho assage Of the
Furd nil rec.y circulated in the Gold DID,
and the bulls becoming frightened, tumblcd their
gold the beat piices they ooud OBTAIN. The market
consequently dropped TO ll2 closing sales being male
~ llk.
H. the gold loan nn the paid for having bal
anccs carried 8, T. 5. ~. aud cent. the NAL
rate AFTER Clearing Rouse ben. y cent. The total
cearlnrs Ct the Gold E,chlr. 20 Bank ta,sSSOO;
gold balances. ti.sC!;Qi.;o, anu currency balances
e,ls5s'l;e The rlncipal quotations verei
20 \ N....u3 ST. M.".~.ilsE t:5o Z. M.....i'3H
lis t. M'.ilSS T. 81 miiili3
Foreign exchange has been mere active an nrinpr
imPUr ers having been quite liberal purchasers Al the
clcse sixty DAYS bis vereq uoed at sasIOsy
si-ht 'al Of the same GRADE At iONslo9, and CONNER
CA sterling ie@tooA.
has a paav auiv With
cscntial CHI the ruling rats oetgc Of Gov.
erument aud other Acceptable collateral having oeen
ant cent. with exceptions ats. Discounts are IN.
cnaf ,,l choc, acc.ifaaces selling At ~ cent. aud
oh.t acccttsnces saad .; single names have ranged
nom to ~
n, late remari able decline In gold Induced large
sal Of Government bonds TOR future delivery. which
sircc the reaction has made the market acuye and OK
cited both for the purpose Of covering shOTt contructs
AID Tor Investment. The market to-day has been
ncuye and h9h'r, ID sympathy with the advance ~
gold hut the Quo'su1u " eutytwos NJ London being
Ok ~ AGAINST VA YESTERDAY was calculated To make
the uarlet icycr IN and excited. The tendency how
ever Of the European maikct ia upward CT has 70
ted in a stronr buyug movement on thi. side
although the tcars put out lne Of shorts each
successive advance. As iliu.traron, sixty.spycns
have been the feature Of the day, with deal.
inss on scaie " unusual magnitude. ~ the
opening the prce was iGk, nom when II declined
to i0oN. reacted 70 1904 tell back 70 l0N az ln 40.
vanccd 10 no., aud closed at iooh Tho old bonds.
however. have been IRA and morc 'tea v While the
cut vncy slNcs have oeen notaoy buoy mt
,isH .cyen. Is6iyone- we're strong at ilt,sii lis
asoTy dSs: Co. VII street zee T TsScs
y CUT IFS as III ii.s reg rs, rs Aia 10
si ST. II yiS H :$.s ss
fSSs::S- Iss & s 500 i iSs
hsrs has psen islee ANA active bnSln-s. IA state
nss so .ss Old eT n'ni ss9 % iss
and heavy Parela.ea we're made iro@ y up
cS ne ea a % cent, e % sas MSrse
large S 10 sS ne ssd. 81 ass T Tss
:. sy 1ss's nSSS "a SSa IL: "a Ssns
s ss Stead. dad As ana q Ssp e q n.o
aSns nv Syass ~ AM Slw . ,S = s CITY
Al rs 19ies. ,nth National iOs Coninsnisl sl, sid
ssaaeS s ..aie SS 81 ss % C SenmSa.
chicago ADD lna'ana Central At ssAssA seeosds ~,
ss.taeai sce.st ~ :sn,isi raeise. a. Ssssss,
S s SS fS, ;ss re-. ssrs SS oTsh
Nv out ate 10 The aTsfnoon apdT !" , III ,y
5veSsa Of some d he orSsnSn, .io, - tSs ,Saras
Cd deay,; Tic prasiGal t,oe. wssa the movement
down irO~ ~ TO ~ tor tue common, and
ssors were iS 4 naer T' .JS Ss s s9s
| and New jersey Leutr.L Sew YORK Central suocE
Sa.n s@a Of 'Go% ss S SSrTs
o. Dol stocA aud GRIP, payable Aprl - Lake shore
| suld A. hiyh as ~, and and a. low s5N and
Jersey central, 100 and 1855 The earnings " Rock
Ia road Tor the art week March shUW ncrt
| OF tb,'o over those iOt the ,Ame period IN iSa
| ana lhe milwaukee, and -. raul decrease
| Of INV Iue.e cOusileraii1ns did rot materially
affect Prices the nrst usued ranging from iigA ~
- raul common o. 10 a., Tie preferred
| ,oh. h.adns was sieady az WS&sJN rttsnuGR Uring
| MGGh. Al ~ ana t0it NaYAe at giAs@tSh Eris vas
uui az 80 ~, abash AZ Is st1. ll,no. Central al
Nanc ~ 1m ~ 70 20, and Harlem from lBS 10 las,
ONO anu Mississippi Tue ,uated between 9Jk and ~ \,
EI,s .ftSTrrd btin- quoted AZ a. A. the 30 Co.
nun Jus Chicago ana Indiana Central % FROM
uoNu 10 ff lineage AID Alton ~ preferred IA
toh and ielrc Hauts preferred, u; Ueis war; Lac -.
| WANNA AKA western, lG!tale.4, 81 Ious an.i Iron
nn1nIs n " Morris a1d tssex. 20. Boston. Har.
iv A., anu ftl, o. New ork and New haven, iSI and
nu1uqic ana ~ lux CITY at GS. Miscellaneous snare
| were ,trooR e~pectaiy Pacinc MSh which advanced
rom o, 10 .it tlouRh yieiding to j6H the clos.
! "e-'ern h'on ie-vrsph Vas irin At 81 and pora
! l!tIiri "t ~ re 20 " Goal Company .e,nu.
~ ia U.s.. "irN dud hudson Canal III.
! Goat at ~ anu Qu.ctr or At u. ENrr,s. shire
! NJ P1ie uIt owe Nth sales Uuitcd states a
! s'N@t'N, ahH american at 81 ADAMS 5vin. quoted
! W - tnu N'll,' ? A. 90 y Co. AZ ~, s.l3..