The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-02-26
FINANCIAL AND COMMERCIAL.

FRrDAY, Feb. 25-P. h.-The cold market was
lese 1cted, though the dealings active and large
There noted quite disposition to purchase at il6k.
the opehins price, the large snort interest created
yesterday commenced covering, following the market
a. u advanced. Those who had tumbled gold yes
terday at q heavy loss, also buyers today and
purchases by certain banking nns aided IN strengthen
ing the market. prominent brokers Arm. which has
been for week conspicuous in bear operations, also
bought largely, aud new cliques, formed for an up
ward movement. have purchased heavily. Orders were
received this morning from Baltimore. Philadelphia,
and some OF the Eastern cities to purchase at the dc
cline. and under these influences the price advanced IN
1i7s though subsequently reacting q cent, yet raj
lying at the close to il6h.
In the gold loan market the rates paid for having
balances carried were S. ~, 81, s, and cent, In
one instance balances being carried free OF interest to
either borrower lender The total cearngs at the
Goid Exchange Bank were t03sis O0Othls represents
the business Of yesterday and Ia the largest since the
memorable september panic tho gold balances were
tii27,5ig and the currency balances t2,52S9o. The
principal quotations werei
'."iiseEis r G...iiISsslIPP N::..:.IISsss
Foreign exchange has been dun and heavy. prime
bankers co days bills being quoted at iosx@iosX sight
| ct iooN@io9H, and commercial at iosSSiSx.
There change to note In the money market
which has worked easily throughout the day at aud
cent. on Government and choice railway collateral
with exceptions at cent Gail, and cent for 30
days In discounts there slight hardening Of rates
the range prime being W and cent
| and on single names y cent. and upward.
| Government bonds oIened heavy and q fraction
lower, In the abseuce OF cable news from London
Shortly before the second call however, the market pc
camS strong gndsr te unward turn IN s2ld 9sd ths
| French cable, There has been good demand trom
ioregn bankers. out holaers Of bon1s apresr
active dealing, were in sky .cvens which RANGED
from 10 e O shS T one Ser ees
above par OF gold the ieehng is quite gene al That.
ehecked the European demsnd vii ne stimulated, as
6ohd., without inducing acc Inc. The market closed
Henry clew' & Co. 81 wall street. report atsPM;
uscurrcncy On iii, III sos reg J& u.s. M
g. 49, Ies Iii, i,,-lSSs ~ Sose...llss igS
ts reg va ylss iisi 5!gs g. coop iiiis is
5as ~ COUP. .ii5 H. lgi0 icg....'....iGs5 i@
-: i sSS Gcid S 5SsG rl5ss y
STATE bonds we're fairly active, thoush spcepietign
Svs"esd Sent to oI the NV bes dim at
cent s ss% ~ i Sorsa csf;fnag cont 70 s sad
LoS.lsnG lcyes cent, 20 No. levs esd g. deeaIaE n
% selling at T. c tsSE .s sSss We're as "a sat ii
SSleaai GlH unoa is Hanoyer io Co@meiee IL j. H.
sa nr~. Of theeeo CSSm snd iSd"na
..lras ,r,e,e9s aud Aton and Tsrrc hauie second.
sSs WA Ho9e Sas.ns a. Me ,iT,s les haa 81
under rise IA Frankfort to w Unions were quoted
sresSer portion OF Toe Gsy on Vel dis,r6a,ed Ousf
nese; A. the o.elln. prices were Neak but dyancYd
until after the oeic oard, tue enforcement BEN.
| n vi cent ON the more prominent ttockl, cape
cially tono Of The western rgiwal owing 10 The In
creased earning Rock Island i2r ps laird week ~
he0ruary showing an excess OF t!9O over last year
From TINS polut prices Stakrned. aud The market be
came du ana heavy. the aly.hce Yt the morn NJ not
beng maintained. but ra0d fraction fiot the low eat
POINT OF the day a. tha cOsc, leaving on .etdy
Tue special features R1eK leland, the Vanderbilt
Northwestern and 81 Paul stocs and Lake shore. 90
, extreme quotations the nrt-named ranged from i2ls
20 lAk New YORK central stoeS, va ~ soA se,lp
Nh 70 'Sh Norihwestcrn common, w 20 Ga pre-.
iefr,d S. toSj = fau GSN t. 90 ~ Paul preelre1'
- to 90 and Lake Shore 81 To ~. New Jert - CCu
tal wac active. and advanced in 1903 20 i05b.. bat tel
| Oh 10 lOsS reaching la,er 20 lOk Read,ua was nrm
At GHess.h. AVID 0hio AVID Mssissippi at 9Ss9f.
Eric mas quiet Al 49,, ard IntsbutEn al 1917,
Al the Board Panama lsairoa1 sold at ~ Morris and
Easek, q Cnicago and Alton, Ill the pFAGrred, li0s
Alton AID Ierre Hautc 81 esSiA - LOUIS aud lro i
| Mountain ~, Columbus. thic tgo and lud n Cenrs
lsA Botton, Hartioil .and hg 'esN lsLn oa n ]
-, Joseph. Vi5s the preicre Ell. ,Oi and Dubuque aad
| Sioux Guy at Nv
| hlaeelaheous shares have bcsn duh and hcavv
facno Mail opened at tlN advanced 20 ~. and later
| declined 10 NS, Western lnoI 1cerralh rar gug
n9m ~ 70 80. AID A.r.poS. prefer. - IRON q 70
C.nion Comoany aas strons a. IS. and QUICKSILVER
quet at l3H, Cumberland oeiug qaOt,c at So. TX
press shares we're neglected, with email sales u
Adams ~ 81 United states 81 5l4 AMI american at
| Slhi Wells, Fargo a "a bei1g quoted At ~. g<l4.
1aNNa