The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-03-21
FINANCIAL lND coMmERcrAL.

SATURDAY March 10. r MA show Of activity
anu strength was suddenly impaired to the gold
market Oy the advance Of Foreign ESchango TO iOSl,
Tor tixty-oay lilis, and 100 Tor sort shit The
opening price was ia but as the day advanced tho
shorts became frightened, and under tie Influence
OF a sharp buying movement. the quotation was car.
ricd up TO ii2h. The Government 5oud market
respon ed TO the better tone OF gold, and
tie stock market also showed moro actvi
t. in sympathy with tac increased hrmness
in the other departments Of the Stock
Exchange. wlen gold reached 1925, there
was commenced vigorous raid upon the market
by parties who have been prominent in the depres
zion OF Il PREMIUM and further shottiu wac
thus created, breaking tic price to ll2i., trough
subsequent ralying. aud at the close selling At
isis. Du-nr the week the gold market has been
rem1rka IS dull, and the fluctuations of Light i'm
portence TIE highest price wee 1872, and the
lowest llia, with majority q the dealings at ill5,
@ll2tl The shipments OF specie for the day
lin, urted to s.Gc25-a total for the week oi
$3lO,A5l-chcny In foreign coin, and total
luce January VI sG,25',2;5. Tie tota
in; orts Of dry goods AM merchandise at this
bor, for tie rast week were .iG2;0j2. against ,S,.
80, 10 for The sane Tine last year, The Irca.ui,
bou; ht during the week one million Of dollars o
nye.twentiee received IN coin or g. 90 1872
$4,000.
The tota clearnrs at the Gold Exchange Bank we're
s466ssO 600 gold balances O. 1OjP6 currency balances
e 9l9s5 In the gold loan market. the rates raid
hav NJ balance carried were ~. S. 81. aud ocnt,
hough after Clearing House hours balances loaIed
free oil tesest The following wee the quJtatonsi
o \ N......ii2 ,llsO \. n....ll2N2p M,,,".,.l2k
II a N...ii2i! 1850 r. N,...lilA $50 =. M....il2s
The leading drawers OF foreign exchange raised their
rates today cen. a already noted above the
decline In the receipts OF cotton at tie various south
err ports during the week being nearly 20O0 bales rs
competed last week and which was made le coca
lion Of the advance. There shipped TO Liverpool
and the continent, however, during the week. @'64
rA,s against IS 900 ales last wess aud 10 bales dur
on ne w sslne we fnnSa mat pr"m,aeat rresn cS
change dealers we're artivev purchasing exchange IN
@ ~ NE s9%hs s e sSr1 s 10 s
T s G s s sTss C 81 M w
dNanced the rate, and We go, OF os ~ we nn NIL
Tue money MARKET easy, without any esps;
tne,r lSg 'lremsnts at t5 cent, walls stock houses
pr"yC 20 " 1ointefa at S cent 4 ils close
bank hours noweyes round amounts see cent l
though tins should not regarded criterion Of the
.tsf aly " rced' pser ' passing at cent
spe names at iIl according to the standing Of the
T2e e,socn,ed oanS exhibit presents the man cnGr,
Interior nelng cneeted q the io-s u legal tenders Inc
total ,eserye shows alHng on Of tyi'' az Hg1a an
iold q Lawful money 10 cxcc.s Of be 3 . cent, g.
gass% sy lay a f fs'S os as
$slss ;. & S$ss &c., 9
PssS S! q Sa Bee Bee ~ S g
Government bonds were weak at the opening, show
st nlsl co. priees and < cent a., mfg new
tnc day adyano d. however under The influence o bet.
TOR rlces lol gold there an Improvement Of ~ y
| the market closing steady.
Is TI ' ~ &; c IS3x IS
q IiSi coup. vil4 Ii.H e 4; 5ss i ,Sas
s. 81 i IS9t iS oaas sS Central 80 ~
eS T ns a o SI
nes s Is 'sS nr, taror eS Old pH Ie o a'P ec 70
% The new bonds peing steady at s ~ Geortla q at
January ana Ju :, At s2x The Louisiana bono. were
ouoyant tho old issues RISING y cent - ld!. icyce
new = 80 q, p s%G fnaEs w[S 9a
hallway morir ages were steady, nrsts OF Columbus
Gu icago Ind Indiana Central selling at sJk, ono and
| Ccnrai iTclGcs wee moderately active NJ y5x e9sI
A. the close Union Pacific stock was quoted Al ~ .
ana H S ro GS, 6on1s At 81 OO"''
wR 1S ~{ ,'S hare as he cei Is% as AID
PRINCIPAL 1S s,9 70 s i1IE s e ass n
maIhet La' neen unufusily tul mal0r'y VI the iis
! EOl having been tXteni yep dUalt ~ Tie whole mat
81 n,. hinged MON The coune OF tue SoTthwesteIr
Stoke OecOn NJ depressed strong Ne the Northwest
ems ata Sustained b, the clQues engineering
T. fluctuations Ih1uf there nave been only spHHmodi
periods OF nctyity ia tese saree, yet quiet ,eady
and nght for the control OF this road has beef
constaly noted but III pricelo The common mas geeI
| well maintained and all efforts on tno part OF The
| beas TO break the market have thus lar proved un
| successful Lake Shore has also been point o
| attack but with the most vigorous hamnleflng tht
Price has temporarily declned only abont ~ Y cent
The rate for money nave enabled those opera I'M
or rise 10 easily carry thor stocks, and they hav,
| consequently thus lar outgeIeraed the Dear ciques
Rock Is aud has been stront ami lts prlc; snsancd
| wi an ..vance to-day Of cent to ll9 The Van
ucrUllt shares have also bee keDt steady with sales
the Genital aud Hudson btJcA ut S and OF scrip NJ W
IL 10 DOsslple that deeJeT game u being pIaYet ~