The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-03-02
fIAANCIAL AND COMMERCIAL.

TUESDAY, March l-P M-rhe gold marko. open =.
edheaVy aasight decline from last nights late quota
tons but tee srrm from the Secretary Of the Treas
ury wac early read In the Exchange. that the pro-
gramme for March embraced sales OF only teo millions
Of god. instead Of three millions as advertised the
bond purchases remaining I've mills ns rs already an
nounccd
The change will bring sale Of 1900 900 OF gold on
ue "h ana $50 insaan's and corrected List appears
elsewhere Immediately upon ths announcement, there
at n5sll5k9li5k also rnshei IN 20 make further pur
was sharp demand rom the shorts who FASTENED to
cover, and those who were buying heavily Yesterday
chases. the pice under these influences being carried
mp TO no. with subsequent reaction however to ii5N
when the bidding ceased Later IN the day the arm
tone Of the market caus I'd more demand from import.
ers and also specaator when the price was run up To
nCs, the market closing less active however At llea
llGh at $50 p. NJ The better tone NJ the gold market
gave ANIMATION TO TIE stock aud Government lists,
viii he not oed below.
In tile gold loan market the rates ral for carving
were L. 81, q 2A ~ ana So cent in some instances
balances being carried free Of interest The teal
cearings the Gold Exchange Bank were ss7i6, mo-.
gold balances tgt5, 4O aud currency balances S22S5
so. The principal quotations Nerei
i IN q hn.'vN''iil5 HI""msS 95sr M...lsN
1910 T. N Lilo 3P M.......ii. ! iS r ,iiis
Foreign exchange has remained qul,t and steady on
the basis OF los9GO'X for prime 90 days bis, iO9zos
lO,H for short sight, and lOsh9l0s9 for commercial,
The money market has been devoid Of essential fea-
ture, working easily throughout the day at and y
and the latter on prISe wiy coStes irsse Di"
Der OF exceptions are reported ati cent Dlscouni-
cent, ana single SIGNATURES All cent aud inward
The better feeling in gold, coming concuTrently with
lts effect upon tho prices OF GovernmNat seenT ties
which were strong on the entire lst. rnere has been
speculat on and investment PURPOSES but The offerings
ss RON s r. s n SS net Ssn C ., IL.
3oveIament would show decrease Of % 10000 for
esng sod induced more Ts Se VEIN ny ns seSa1d
and the !nsrket closed active and extittd, Henry
clews Go" 81 W9h street reporting SP. ~ 80,
currency iii.lt Jan AZ $s
g. ' sss HE e ii}9
S & s SS%S is HIS IN; GSap, iS
state bonds nave beep baoySnt and active, tho prSe
pal features being The yirglnlas which were in unusual
ported redacton Of hStae deS he pTes ADVANCING
from Is Yesterday to % for the old bonds and s. 70
S 20 Gs NEW OOHs' 5 cent 20
BA Ala1nma S. AT ~ and Georgia Il Al %, Inc LousI
Old bonds cent g ~ IeS SSoS :. cent? n
70 ~ and lA' as cent, 20 70, newsouih Caro-
York coaaty bonds a bank S sns hfT
with sales OF len Nenona = 1856, Central Nstonli
GAGE: we're sa A sssGS spSs = ur, fi sa
9S Illinois were without s,e, Thu cave quotation OF
The railway snare market has been tive, sympathir
ns prices were bSeS seay but with one or tSo re-
Tca 81 % sy n 1
during the paet week Under the exciiement In gold
ssa oS RsasS ua cent" GP S's g SIes.
Ege' appear to BE- again loaa1s
market cl6ss. in fayor o. higher price. lie reaction
nom YESTERDAY being eousl to one 10 two ,ent The