The sun., 1870-03-24
FINANCLiL AND CoMMERCIAL.

WEpNEsDAY, March 23-P M-The gold market
was ieycrlsh and excited during the morning, though
oieniug strong at ll3k Prominent parties who are
operating for further decline forced the price down
cent by short sales, though there was partial rally
az midday. MAJ pr,ty Of the Spectators were how.
ever reluctant 10 make obligations either on the
bull or bear SIDE because OF conflicting umors respect
Ing the acceptance Of all the bids the Advertised sale
Of Government gold to-day. when the awards were
made known, the market again became strong the pre
MUM advancing 70 ii2k selling niterward. however.
AT il2N and closing at li.sal9H There was a strong
undettone TO the market, induced by the large pur.
chcscs during the past week on speculative account
and also Ia Consequence OF the conflicting views OF
Congress on the Funding pill but at the close less con
ndeuce was expressed, and general indspositou to
operate.
In tie gold loan MARKET the rates paid for having
bal1nccs carried we're 40, and v cent, the nnal
rate after Clearing House Deingl The outward bound
steamers took no specie. The total cearlngs OF the
Gold Exchange Bank were s2s,o7.OOO; gold balauces
s6'lgs; and currency balances ti,sl9s63. Tho prln.
cipa quotations were:
20 A M......li2k 2.20 p Nj ilakApN i,oA
II \. h,.....ll2s 4. M-......ll2
The proposals OF the Treasury sell ons million gold
elected bids aggregatng t.l53OOO at prices ranging
from l2Sj 70 ll25i the accepted million was al ll92O
to il!.s5.
The foreign exchange marEet has been strong.
though dull as usual after tue sain. OF the packet
prime sixty days bills closing at iOsX@lOs sight bs
~,
al lOsk@lUsA Tie Continental exchanges were steady,
francs on Pars bankers being quoted at 5?.ka52 to
the dollar for long. and 52OGs5sA fer short; Frank.
Tort thanGersD at isH&i0A, and Prussian thaers at
1O4a7lll
The money market has worked extremely easy
throughout the day, borrowers on call being abun.
dainty supplied NJ to cent, with the greater mum.
Der Of loans at itj In the afternoon round amount,
were placed with leading Government houscs at g. In
tue discount market there l. moderate supply OF
mcrciai paper. though buyers exercise more dscrml.
nation IN their selection Of names, owing In measure
to the failures Of Yesterday strictly frsclass accept
approved siugle signatures at 10 r. The du lness OF
future condition Of trade 10 conhequencc OF Consres.
sonel legl. alton has lessen ed the amount OF Taper
he Government boGd markep has been "n eXceeGngly
differing ron those current vesterday. tic TSsfponc
ms9s 9i any etio9 @ on he Funding on uatl aer
ana Means COMMITTEE TO hear the rcn6n'trSSceS Of The
To pSy az @S SGR aeRy 10 Ss a"4
@ pn m '"S nned h9weSer there was more u
mfrs, 9Sgy '9,ss eisS a oaa sSo9t a. sS0ia
=. & Hs' " s T. a sogg fi NiSs1 iS
sfe$ MN nt.t!SS g. g. SSSSSPP....ffSs2 S9s
90 a. coap,dA 55Ss Ill., iSSi eSSD sSS...iI6 ioS
state bonds were active and strong, especlay tho
tor the oyao s ayso T, DSss Ss sans sGSfS W to
~. thou-h later rcacns to SX Ola Tcnnessces lose
Ia cent, 10 I'a, and the new n cent. to jOA, Mis-
sours being IN good demand az b2kdJ!N. NT- niA g.,
old were steady AT ~, the registered Rt 5J aud
Georgia g az ~ New YORK bounty bonds selling al
W3 Cy hank fares were quiet, Cont leuta selling at
,s Commerce lA, Shoe and Leather loo, and Chat.
lPilwaY mortgages were steady on well distributed
dehlhLs Ere itus tod at 81; On cngO and NOrlWe,t
efn ISIS, W consolidated COnyertibcs glNi lets OF
yercs S di So6 Missouri SS e0SS1sisG ~ sis Of 'o o
lumbus, Chicago, anl Indiana Central, SiN9S9N 81.
Louis and Iron MoUntain a. u, and Central pachos ~
gih,,. Tae closing quotations. OF Union i'acnos were
Siockl A,t@lIhi Incomes Sl1@dh land grants i3ed9
,@SG @ ana nir i't moTtsage @9Sh despatcl, wa re-
Agent OF ne Chicago, Roos Island and P9clAG Raj
road 10 we enec that IeeCut Tcnorts OF .ho Pacific
sable by reason o asnow blockade were gaso In every
particular.
The earnipgs Of thr Chicago and Northwestern Raj
way company for the thTd week In March showed
aecrtas e1mpated with the same period last ear ol
tHU1, lhe lose Oelng moro marked on account OF W.
Pacific Railroad.
1hs railway share market opened active and steady
~ about TIE closing prices oi ast night ana 50 col
unuod unt the nrst call WhPn ent re let declne1,
gnder nee sales OF Lalr '"flhwestein
thart., which gave mat the
clques were rCall F'h~""'