The New York herald., 1871-02-25


20 -. rcr cent for carrying The operations OF
zoe 0old Exchange Bank were As folows:-
God cleared S2 ,993 900
Nvan baa1ntNts S6S, ITS
currency balances. ccs...................... 967, 500
Tue government list was rather better at the
0oaris especially as the Lcndon quotation came an
cghth per cent higher but subsequent to the peace
news there Was some disposition to sell, for what
reason y not very clear aud prices left on fraction
iowsf for somc or the issues. The general tone Of
tho market was steady at the close, when the
following street prices prevailed:-Unted States
currency axes. liSa ll3ss; do SKIES, 1884, regis
aered, llss llats; DO. do, coupon. li45s ll4s;
10 nse-twcnties, registered, May and November
IN. iit1s; do. do, lso2, coupon do, 1l2A
ii&I; 40. ao.. 1894. do. DO, llIs. illys: do do,
Isss 10. 90. nia a lllgs; do. do. registered.
Janaary ani Jaly. llcA ii0S.; do. do, 1865,
pom. 40. uo4 lojs: do. DO, 1907, do. do, llo1
amos DO do.. lsos do. DO, lilS lll. do. ten
foraes. registered. l0s los&; 10. do, coupon,
nlaIn4.
The feature Of Wall street, however, was the
strong aud buoyant market az the Stock Exchange,
where decidea revival of the speculative feeling
was manifest. The operators ON the bull side have
procured extensive loans time, and thus fortified
nave b*gnn general movement In lavor OF higher
prices. IN winch they are assisted, believe they
are assisted by large outstanding short interest.
The famous 'Dearn who gave origin to the aconic
epit0me OF the financial situation contained In the
wordss "Wall street has two hundred millions OF
curiies, aud all for saleH Is Supposed have sold
some Of hits superiluous wealth without being the
owner q u in advance and hence the .buIs" are
sangulne OF getting him in a tight corner AT least
the Vanderbilt party are advancing their lines in
New Y1rE Central, which they moved up about one
per cent, the experiment possessing considerable
attraction for the outsiders en- account Of the APP
proach OF the time for a declaration OF the semi.
annual four per cent dividend. Nsr was Western
Union overlooked. the price of that stock beng ad-
vanced 70 sos, which p1ce tney were willing
10 pay at the very close OF street business. The
'bulls' IN Union Pacinc were also delighted
by favorable reports uom the senate committees,
OF which comedies the right OF the road to With
Aold ITS interest It's bonds beyond the hfty per
cent OF government business ana the Eve per cent
the net earnings, while the other advises the
government to give all It's transportation TO the
Pacific railways. The former report emanates from
the Judiciary Committee. VINO seem TO have been
guided by the legal rather than the equitable
structon OF the law which subsidized the Pacinc
roads, THIS reversal OF the opiaion OF the Attorney
General communicated so much buoyancy TO the
stock 10 advance ITS price TO "a. In fact, the
the upward movement carried prices up about one
per cont for almost all the leading active stocks, the
only exceptions being Erie and Reading, which
were nat aud neglected. In the miscellaneous
shares Pacific Mail advanced 10 Asa, on q renewal
OF rumors that plan OF cooperation with the Cen
tral Pacific Railroad had been agreed upon. and
only awaited the signatures OF the contracting par.
ties TO 20 into effect. The "busr seem to have
waited for the signal of peace Ia Europe the eject
OF which they count upon most confidently torestore
the stock market to at least the position IRON which
1t declined last summer on the outbreak OF hostlli-
ties between France and Prussia The extreme
ductuations OF the day were as rollowe:-