The New York herald., 1871-09-07
.FININVIlL And cONNERCIiI.
- WALL srR


On Change to-day wheat was ..ro NTH a cooa
INQUIRY for export ana miIip' harnesses rns cot.
On market was. strong cd active but without i'm.
'or'ant varirI don IN r,,rice,
ho.,kY "A az PER CENT.
me 'soney market continued easy, and, despite
" : charged volume Of business on the stock Ex-
<dnge, borrowers on the usual collAteras were am
ply accommodsted al az per cent while among
the government dealers loans ON call ranged from
TO per cent Prime commercial paper is quoted at
. per cent with rather more doing az the inter.
mediate ngureA PARTICULARLY In sixty-day paper ~
FoRHIGN RSOHANGB LOWER.
The foreign exchange market was neavy after the
steamers and the loadlnG drawers reduced their
rates 10 the sidewalk figures noticed the past week.
Considering the prevailing heavy importations of
foreign goods this weakness Of the market is ex-
piicable only In anticipationof dear rates in the
gold lean Market or IN expectation OF speedy and
extensive export movement OF the wheat and cotton
crops rhesfcaow1ng were the closing quotations.
Sterling, sixty days, commercial, l0S 10Sh; good
TO prime bankers, 10s1sa loss; short sight, lOs q
1OeA; PARIS, sixty days, h27's 62SA; short sight
5.2lk $50; Antwerp, 6.27ls e.221s; Switzerland
n26k q SIX; Hamburg. 85A 30; Amsterdam,
IoAa q; Frankfort, Al AN; Bremen, 7s 7sis;
Prussisn thalers, ~ a TAX.
ouR FOREIGN TRADE FOR 1901.
In advance OF pamphlet publication, most inter.
esting synopsis OF the details OF our foreign trade
for the fiscal year ending June 80. 1871 According
70 this statement our exports, inclusive OF spocie
have been q trine-S10, 398-tn excess OF our Inn
por,s whereas the exports in the previous year,
including specie also. were $l1.415170 less than
our Imports The actuai imports OF foreign goods
during che twelvementh were $5lo, o,59a,7 ,76o.
and the actual exports, inclusive OF re-exports,
$40, 960, 2ss, making q balance against in mer.
cnandse of 7oo3s, 4o2 In settlement Of this dier
enoe we shipped $7ae4s,s6O specie, or about $4,000
in excess. In reality therefore, our foreign trade
for 1901 has not been as satisfactory In 1s6o7o
when the balance Of trade against us in merchan-
disc was $4S III ,oSo. However, as the question Is
an open one whether, with the gold and silver mines
OF the West, specie not OF legitimate ex-
ports, a. much cotton or wheat, and, Brother
Jonathan has paid cash Ior the balance due to
foreign countries and trine over TO boot the state.
ment has redeeming features for those who think
we are perhaps, not 30 extravagant people after
THE GOVERNMENT PURCHASE OF BONDS.
The Treasury Department inauguratcd the Sep
tember programme with the purchase to-day OF one
million OF fve-twentieS The offerings came in
seventeen proposals, and amounted 10 s. 02O 550 at
prices ranging from l12e6 to 11a23-gold at the
time being llsH. The accepted million cost the
governments liz. e6 112s0
QUERIES FOR MR.. BOUTWELL,.
With the above facts before him-viz the Orer Of
over four millions Of ve.twcntes at less than par In
god-why does MI. Boutwell, advertise that he win
redeem one hundred millions OF nve-twentes
at par in gold on the lst OF December
nexts The bonds offered to-day included all the
various issues OF nve-twentes. II Is true but an
analysis Of tho proposals shows that 1se2s were
offered at ll266 l12.9A when gold was 1l3x. In
fact the million l0f ell dates, was obtained ct an
average Of 1880 nearly one-half per cent below
the par OF gold. Every bond offered to-day was at
less than the par of gold. II Mr. Boutwell, Is earnest
IN his efforts as the nduoiary agent Of the people,
why did he not accept all these bondsf and why
doea he advertise he VIII pay par In gold for lse2s
next Decembers a b1liDc snfe Zeh cas- ~ .ceC
- GOVERNMENTS STRONG AND HIGHER.
The government list was unanected By the large
offerings al the sub.Treasury, except temporarily
and only to q trinng extent The whole list had
meantime sympathized with the general bu0yanoy
on the Stock Exchange, and the closing prices ex.
hlbited restoration Of the early Improvement.
The Anal street quotations were as follow
United States currency sixes 1le mex; do, 1881,
registered, I17H 1l7N; do. do, coupon, 119 o
l10t5; DO. 6ve- -twenties. registered, May and No.
vember, 1l5 Il6J1j do. do, 1862, coupon, do,
ll0a ll51i do. do, 1854. do. DO. I16 1I6x; DO.
do. 1868 do. do, II5 lI5x, do. DO, registered,
January and July. ia ll4Js; do. do, 1866, ,cou-
pon. do, ia lI41s; 10. do. 1857, do. do, 1141s
1l4><; do do, 1865. do DO, ll4,s ll42l do. ten
forueA registered, 11lk NIX; do do, coupon,
NIX q 112 Nfhi " +" a- al
GOLD sTEADY-Il3l, A Ilsh.
The gold market was steady and strong but quito
duh, the speculative Interest still awaiting the gov
ernment gold sale Of Thursday. The customs duties
TO-DAY in this CITY $4,000 The total customs
receipts last week AZ the ave principal ports OF entry
were about 50, 900 900. The Of the gold mar
ct Is shown IN the tablp.- -t 90 -f.a-- 4 I.i---