The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-04-11
FINANCIAL AND COMMERCIAL.


euencs OF The continued srmness Of foreign on.
change, aided By decline in French Rsntes at the
Paris Bourse and reported unessiness In the
principal European financial centres. A panic In
American securities a. the London Stock Exchange
was also announced In private dispatches, Illinois
Central having declined, according TO these advces,
from 118k, the opening price, to liz later In the
day. The manipulations also Of the old bull clique
In cold, who through new brokers bought heavily
during tho day, ..snged the whole OF the mar.
ke,, and having frightened the short in
tereet, were thus assisted In carrying tho price
from 112x, the lowest point, 70 lisK afer
the formal closing Of the Gold Room. This
unexpected sdvance created quite Q sensation In
the street, and the God Exchange WIS unusually
thronged up to O'Clock, the hnal hour Of dealings
Indications during tie morning transactions pointed
TO q new combination having been formed, and II
believed that the stock cliques anticipating an
unlavorabe bank statement, had sought recourse TO
he Gold Room for the purpose OF counteractiny any
depressing eHecls. The whole movement to-day, on
the contrary, was based chiefly upon European de,-
patches, assisted by favorable reports respecting
notifications Of the Funding bin, to watch may be
added better tore aud feeling 10 the street. in.
nuenced By tie belief Lat tie tedious delays and
changing sentiment Of the country would cause an
Indefinite postponeuent OF that bill sltogether. Tne
sharp advance, however, to ii3K, was too sudden,
and indicated either imprudence In the manage nent
Of the movement strength Of odly spasmodic OF
Temporary Character, which iuduccd many VINO had
-"' :" 's w. % 'esea
p'o"' """o "e eAe"emen' eon,i"ueu' t"e throw
ing oNerooafu' thefe ore OF several miihons
checked the upward price. though previously tho
strength of the market plainly pointed ia as tho
probable figure of the da, and the premium under
these free offerings consequently dropped OF to
l13k, closing at 1i31. he coming week III doubt
- 80, -. ..,,,.. -, -',
A. ,,,~-.,- -, -
the huetuauons VIII DO OF more marked
character than noted for some time past.
In the gold loan market the rates paid for having bal
earned were ns ana cent 'ns maj rat,
,ns eI'd Saans, Sa"s S'. saC goa bal
to',l import. ary goods and merchandise at this port
49,. -. 70, the ZANE time last year. decrease Of
:" total .psc jan Of ,s, S The s; f',. %SfS
s.OslNs, and paid out in coin interest on the public
DEB, .i''" Tho principal quotations In gold to-day
MN ,,,1,opu ,,a,,.pu ,,,
iS.s 4. :iissi ?. s'.::::..i,s SIS p 1:.iiisss
dull bot rates rsHsncd strong under the small .ap g
sSs none .. 1IS, .s % 10 dsns
ngure there small sales alter the sailing OF
The paeae,. A. the close prime oankei' O,ll' were
,Ss ''' 'H0'' ''4"' ." '''H anu commercial NJ
The week closed with an abundant supply of money.
''s to the 0Tsos TAs sos..' Of
oOa ~" Io~ me Ses ann, No.
a er," a.. ,nSs.,,"~ or .nrn,a. na,, ,"c IN
Sr., es.. ..cnre. Discount. are easy though the
supply of paper in the hands Of dealers is moderate
eiaed ban vas again ref s cling
he G a 's &haasn s St wea Hf ssa not
yet been ietuned. no a. ing on OF specie
fas &c re s,fs Ct e, ! sf:S;
Snnk so ass SS s axe iSn nS 90 'G s
the total iiH6ili re, Of y ~ ~ he hanls hell n er
sS;s Mex a4csss": .. tsscii -s' HRc ,G ss
.Apaa.. .ApraS Difference.
fsai.ion.. G s ; ;i5 Rs Pee. 10 !, ~ ~
The 1,ovrrnment bona rarEe, ha. heen .,rons
9rEHshoGt The day Mn an advance on the entire q.
beayS and dn haST .cy hs 1sen
Or Son%s9 Inc E1foIean market. ii soascqSeace
ErsaSa Sss,, and ne decline II ifsqen Hea.ss
SSSHeiss!sa ease n money has saS Satsa PasSa.ss
Sus the ana eaa qae des s,sn. re
oS n1, d sy:u S' .Is scS sd
10 iIO furtIer tone OF nrmness 1as im Sa,,e 20
Means Committe" strs Hu1 bot s ,
Inp,in, ti " ~ ,i w -Vctohs OF we
,cr,Sa 10 " ,ne & pauAs' otlore re-
a.- I ~ sy W tv ~ NJ anTn o. OxlIes, he
~ anu heh'J ,ie"s To- ~ al
"' ~,
U. 6. Cur 6e,....ln mn 30. u.s. coup. LICK iii
b. 1871. .....lliA ll4klS0, rs, c. ~ .lUys llSk
&c. 1871. coup. ...lliH ll4S ~. '6I coup IOsI no
30 reg NAN. lOO4 lL6A tlO, "a, coup. lux llO
5zV o. coup...lllA lllk l0i0, coup. .....l0x ll5A
| 30. Ca couD....ll0h HOA iiOnds o. P....... VIZ w
ont s,cc al H., .rss, INA eenre is w u
secs VIII ca ielt On Y cent 10 al old b"nds heinz ap,n
a. MAJ ths were Jri y, y, 80. ia ~
Sorh Carnuras az new nond ~ H. - r ~ ~,
an y n cent 10 lSS nnIsia1e 'ves " Ssrs strnns
and adyanced Cent 10 w Nlssouris brIng sfeaiS
| nj WIZ and Ar nn,ns "A Al IA new houth Caroiinas
Jsursn, ana Ii In ssiI,nS Ny" Spv hsrI s,,ss.
s1ld az ~ low 'fnntinantsi az Ia Fonr,h e,inna
M " Tanth x stonsI tns ME- HatinUSi ~, 49,, 81
EnfIhnsi I'D a I'd evcnth Warn al ina xa,is,v ,r',r,
gsses Sstre siso st-ony hrsts Of nnorc
aud Indaua Central selIuI al ii. lori WAYNE nr-ts
Qapnted AZ VIZ ba. 49,. $500. a.. 49,. -. - -,
,o c"n,ined mil ANN In,inv en' haca,ns az az