The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-04-06
FINANCIAL and COMMERCIAL.

WALL STRwEk 4
WEDNESDAY. April 80 n =
On ,Chanee to-day wheat was dun. the cotton
market ives quiet and barely steady.
s.e MONTY FIVE 10 SEVEN PER Gent.
Money was In good request among the stock
houses six to seven per cent with the tone OF the
market more active the offerings were abundant
newevcr, at the legal rate. On government col
Materials the general rate six per cent with the
Osual exceptions 70 the larger dealers at hve per
cent
8 Prime commercial paper was quoted a per cent
1iscount
Foreign exchange was duh and steady on the
basis OF loex 1osX for prime bankers sixty day
sterling and lloK for sight balls.
COLD puLL-1loK 4 HOS.
The RoM market was inactive and steady ct hoy
q HOG until toward the close, when there was
pressure OF eales at 1lok. with one or two small
sussetons at llo,{ 'sseller nve days" The course
Of me market 10 shown In the tablet
10 M.........". I1ox sP. E..............ilox
n G...............liOx 4P. .lloX
Up .llox $3.50 p. NJ. ...llos . iaoh
In the gold loan market the rates ranged from
Aree per cent carrying to nat for borrowing the
operations Of the Gold Exchange Bank were as iol'
hows:- q
Gold balances. SostoS
Currency balances. i'looioi
Tue European Bte8mtkS Woh wv c~1vsvov "a
specie. L
The subscriptions to the new loan announced In
washington up TO halrpast two O'Clock this AFTER
aeon amount to tt7. 10000.
Tho following were the Treasury balances at the
close Of business to.day:-Currency, $l4,o0o, GEO;
soln elos 100000 The outstanding COIN certificates
amount 70 t9Aooaooo. p
THE GOVERNMENT PURCHASE OF BONDS. III
aSvaAn r0p n nov
for the sale to the government Of three millions OF
Avetwenties thereby initiating the April pro-
gramme Of the Treasury department. The offerings
were $40, $50. the award was made in one lot
GOVERNMENTS LOWER.
me government liG was strong in the forenoon,
bat declined after the large offerings at the Sub
Treasury were made public. The cas- were excep-
uoualy steady in sympathy with the nrmness Of the
London quotation. The market improved slightly
toward the close Of business, and the nnai street
quotations were steady, as follows:--United States
currency sxes ll6H L6K; az. slxes, 1851, regis
tered, ll6% mex; do. do, coupon, u6t< l16h;
do. nve-twenttes, registered, May and November,
lOoK l09S; de. do, 1862, coupon DO, 1l2H l12X;
DO. DO. 1894 DO. do ll2H i12s<; do DO, 1906, do.
do., ll2H Q 1l2A; do do. registered, January and
July, ms aillx; do. do 1855. coupon do. ll1,s q
NIX; DO. do. 1857, do. do, 1llH 111H; do. do,
1855 do do lls< liz; do. tenforties. registered.
IOs,s l0sx; do. do, coupon losx a 100.
STOCKS ACTIVE AND VERY STRONG.
the stock market continued active, and higher
pr,ces were made In almost the entire list. Reading
advanced 10 1os,s ana Lake Shore to 1o2x. In the
ease OF Wabash, which advanced to 691a; North
western preferred. which sold at Q7h, and Rock
ysland, which touched lllA tex-dlvidend OF four
per cent. and Reading the highest prices Of the
present season were made. Pacific Mail and Erle
were exceptionally heavy and lower In The miscel-
laneous railways. Delaware. Lackawanna and West
ern advanced 70 Ill and New Jersey Central to 1884,
Late In the afternoon Ohio and Mississippi became
she leading feature and advanced TO ASH.
r highest AND LOWEST PRICES.
The following table shows the highest and lowest
prices Of the leading active stocks during the day.
In the case OF Rock Island we give the equivalent
highest price, which was made after the BOOKS closed
for the four per cent dyfdend:-