The New York herald., 1871-03-22
FINANCIAL and commercial.
WALL STREET,

TUESDAY, March 2l-6 Z. NJ
In commercial circles to-day buoysnt feeling pre-
vailed and an active business was done. The wheat
market was firm, with transactions in sellers favor.
Cotton opened steady anl became strong at slight
advance In prices.
THE EXPORTS OF TIE WEEK.
The aggregate amount OF exports exclusive OF
Epeeie from the port OF New York 20 foreign ports
sor the week ending March u. 1871, was s5loSls7.
MONEY FOUR FIVE PER CENT
The demand or money was more active but bor- \
rowers on the usual stock coaterals fully sup
piled al five per cent. Where a good margin was
permitted the larger houses were accommodated In
some instances at four per cent, which was also the
general rate IN call loans with pledge OF government
securities Prime commercial paper was quoted OK
a per cent.
Foreign exchange was steady, but duh, on the
basis Of 1905 lIO for prime bankers sixty day
sterling ana lI0sS sight bills, the business being
light owing 70 the postponement OF the sailing or
the steamer until Thursday The exports Tor the
past week a. above shown, ought to create better
snpply o. commercial bills.
GOVERNMENTS DULL.
The only department OF Wall street Affected by the
news rrom Paris is the government bond market,
which dun and in some OF the issnes "A traction
lower. consequence OF the inactivity OF The Lon
don market. which shows considerable hesitation,
result OF the dolngs III France. BRUSH consols
were only about steady, and the same remark would
apply nye-twentes, although the latter Were,
n anything, rrGe nrmer thaa their English rivals.
Wall street watches London rather than Paris.
GOLD sTEADY-lll A 11lk.
The gold market was steady and strong: but it's
nrmness due more TO the continued high rates
for exchange than 10 any apprenon sons connected
with the effect upon finances OF the present situ-
alton OF affairs IN France. At the same time any
tendency 10 decline under anticipation or coup
dGat on the part OF the Treasury Department next
month was held in check by estimates Of large
specie shipment on Thursday, the amoupt
rumored TO be engaged so far exceeding
million dollars. The steamer to-day took only
$4,000. The prevailing sentiment or tue Gold Room
Is however, in favor OF lower prices, Indicated
by the unusual demand tor cash gold from day TO
day extend speculative contracts large proper
ton OF the loans to-day having been made at
''hat"that is, free OF interest the currency col
lateral ad by the borrower return for the
gold win which to make his deliveries. The lowest
price III, with most OF the sales al 1lIh.
The highest figure. which was almost nominal,
was lll4.
STOCKS STRONG AND HIGHER.
The stock market strong and higher Except
IN few instances the ''bulf' cliques manifested
dlspostua TO suddenly raise prices but seemed
80 pursue the tactics OF keeping the market strong
while absorbing such stock their alversaries
yentured to ofes, on the theory OF lower prices TO
succeed active money market in the vicinity of
April /. In some instances they pushed
prices slightly upward, II 10 prevent any
covering the part OF the ''shortsr except at a
,oss. A sporting man would describe the present
situation by SAYING that the 'bullsn have the
..oesrs' IN chanceryi' and are SO holding them
until after the LIST of April. when tne relaxation
follow the cessation OF the fiow OF money 10 the
rural districts VIII let them finish the with
out difficulty. The only stocks weak to-day were
the fancles, such as the quicksilver. god and
coal mining shares, whose holders show
some trepidation in anticipation of stringent
money before the "April settlementsn are through
with The railways were especially Arm and gene
rally higher. The Northwess 10 50 Tor the
mon as against 7s7s IN the morning, and to 945 for
tne preferred. Union Pacific went of Il 24s4, but
rallied 10 2514 on the report thai some sort OF
eateslte cord0e had been established with the re-
doubtabe Fisk, Jr., who has been OF Late the eTda
terrible of its shareholders.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest
prices of the leading stocks during the day. TO
preserve the comparison in New York Central stock
scrip add tour per cent to the highest prices
made ex DIVIDEND