The sun. [volume] (New York [N.Y.]) 1833-1916, 1870-06-20
FINANCIAL AND COMMERCIAL.

SATURDAY June iS-P. M.-The railway share
market was aul and heavy during the morning, but
rallied at the close, though the dealings were on
strcted scale. aud thc market was chiefly manpu
lated by thoee who struggling 10 keep prices from
declining. The outside pubic have shown disposL
ton during the week 60 engage speculative ven
turcs and the operations are principally confined 10
street srcculators, and leading clique Prices do not
readily yield TO the bear movements Of OPERATORS nor
do the efforts Of the bulls any especial rise q
the cenctal list. stocks consequently continue re.
markaby steady Notwithstanding the triniug volume
If business and no feature OF e. pcca interest nocd
The most active shares were New York Central and
Hudson stock and scrip, Lake SHORE OHIO and Mss,.
sppi. Northwestern preferred 81. rauls. and Boston.
II irtforl ana Ere.
In the gold market the transactions also small.
the price nnctuating between il2A and l3E The lat.
ter 1gure reached In consequence oftaoe despach
that the French Bourse cKcted and heavy. The
operations OF those cques In gold who have for several
weeks been manipulating that market for decline,
with reference 70 subsequent advance, were limited
today, and but few transactions were recorded. IL
not improbable that dutng the coming a consol.
dalton Of interests vii. be made among those comhina
lions W acting independently OF each other and
quite large short interest has been created the future
movement Of prizes problematical, although lower
quotations arv iu.cudaf There has been good Dor.
70 Sing denanl for gold early transactions having becn
made Hat and balances being subsequently carried at
l. \, ~, agd coat. The total ctaTinFs at the Cod
Exchange Bank were f20sI 900 gold balances, fliS-.
956 and currcccy balances, N,'g9,5sj The principal
quotations were:
10 "A. M-,....ulkilGO a ". .lilX 8o0 r. N......Ii2y
1910 A. M...,..'i lsj L. NJ. liS1 5SU 4 M..li2a o.
As usual AFT the sailing Of the steamer, for,iel
exchange has been duh at O5A for prime 90 days buls
ilos for sight, aud iOJA GOoH for commercial There
s less liberal supply Of grain bills drawn against OK.
rts OF breaas uis 10 France, the counter.
handing OF orders for wheat and -four and francs
on Pars Slightly hrmer though still quoted at 5lB
ts555, To the dodar for long, and 5S2 s5i Tor short
Inc total imports OF dry goods at ia. port for past
week amounted 10 sil65si6 and Of gcaeral meTchan.
disc. '5,22Si5. making a total OF sGis TIL as against
His5iii the preceding week, and sss51Si last year
IA Increase over the latter period Of ,CS0 The
ports Of to-day wee LOS, making total for
the week Of tsdis, and since January /, Sl5.l929ls
The Treasury, during the week, bought two millions
sos for the special fund sold ST. 900 receive
IN coin for customs t2Sid5d, and pad out IN interest
the national debt Sil2.il5
The close Of the week s again nlrked by extreme
In money. though the banks have REMIT ID quite
largely to the West the payments into tue Ireasur, be-
ing also liberal scale. The supply has been In eX.
cess Of the demand ana rates on call loans aud
balances were placed tn Monday as low "A . q cent
Dscouns continue easy at rates heretofore quoted.
The bank staument. as anticipated, was acan unfa-
Yorabe. Tue large decrease IN the legal teiaer IL IA
acc upon their grecnbaek reserve to meet the drain
upon them though they st hold in excess Of the Is
loss OF 81 5'sl the total reserve OF the banks was
dim nished VI ,J 01, Rgai st reduction Of ts09 Ia
he total llaniities Tire OF ast aud preccd
statements undersIaLad.