The New York herald., 1871-10-31
FINANCIAL and COMMERCIAL.

WALL STREET,
MONDAY, Oct 30--6 r. M
on Change to-day wheat was 1rmer. The cotton
market was steady.
THE TREASURY PROGRAMME
for November was published In fun at the sub.
Treasury this morning and Is substantially az stated
in our Washington dispatches, except that the
transactions In the closing TWO weeks are moved for.
ward TO avoid the Thanksgiving Thursdays of No
vember 90 and November 80.
MONEY EASY.
The money market was easy at SIX to seven per
cent during the usual hours OF business nut before
the close OF banking hours balances were freely
offered az as low as four per cent.
COMMERCIAL PAPER
was In rather better request and some sales Of
prime names occurred at a 10 per cent, with the
quotation still ranging from "a is per cent.
FOREIGN EXCHANGE
opened strong and fell or toward the close "neh
the leading bankers marked their rates down to
1884 for sxtyday sterling and lo9h for sight bills
GOLD 1llz 1l12I.
Gold was steauy, with all the sales at ll1s4 and
lllI. The demand for cash gold was irregular, and
rates ranged from TWO per cent for carrying TO 164
for borrowing. The operations OF the Gold FIX
change Bank were as foilows:-
Gold cleared. $32 342,O 900
Soid balances. ................'''... l'i3oo,v
Currency balances. es................-...... l,al9,Al
THE GOVERNMENT MARKET
was generally nrm responsive TO a steady cond
uon on the other side. Mr. Boutwelfs policy
for the month has not affected prices, ana quote
the market firm at the following figures: United
states currency SKIES, Ill a lll4; do. do,
1851, registered, 1l5 ll5A; do. do, cou-
pom, l16M l1GT; do fve-twentes, regis
tered, May and November Ill l11i4; do. do,
1861 coupon, do., E4's o 114%; do. DO, 1854 DO.
do, 114sS Il4is; do. do 1865 do. do l14at lis;
do. do, registered, January and July, 1874 1l31
do do, 1856, coupon, do, 118n a 1l31a; do. do,
1867, do. do 1l3is 1l3H; do do, 1868, 40. do,
113a 1l3H do tenfortles, registered los}s 1os'+;
do. DO, coupon, 10o1s 1oo's.
SOUTHERN SECURITIES
were lower, with light business. The issue Of the
new seven per cent OF the State Of South Caro-
lima had little effect on the older bonds which
steady at little decline. The Tennessees lost the
Improvement OF Saturday and were offered at lower
figures. The vlrgnias were exceptionally 0rm,
and closed at fractional advance
STOCKS HIGHER AND STRONG.
. The earlier tendency In the stock market was to
accept lower prices in view OF The Treasury pro-
gramme for November, contemplating, as 1t does, a
larger gold sale as compared with the bond pur-
chases for the month, and the transactions up to
noon were generally at figures showing decline OF
u per cent. But at the last session
OF the Board the tide turned and, gradually
assuming strength, carried prices upward, but not
without the usual Intermittent reactions. The
speculation, whne generally dull, ran chiefly on
Lake Saore, Western Union Telegraph, North
western, Rock Island, Pacific Mail, wabash and New
York Central. The Improvement was maintained
In closing dealings, which showed about the
highest quotations OF the day.
HIGHEST AND LOWEST PRICES.
The following table shows the highest and lowest