The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1871-04-11
FINANCIAL and COMMERCIAL.

MNANCldL and CUMMEkClAL.
--~s~,~~~~~~->-~~~~>~~>o~~-
WALL STREET,
MONDAY. April 10-6P NJ
On 'Change to-day wheat was dull and firm. Cot
Aon was steady, but with little doing. The markets
xere dull ewing IN great part to the diversion OF
uassntaon TO the German celebration.
MONEY ACTIVE AND IRREGULAR.
mo money market opened active ana tie brokers
began their inquiry early In the forenoon. Seven
per cent was freely paid all around on stock colat-
erals and SIX per cent upon government securities.
Some small houses had 80 pay seven
psr cent gold. Considerable commotion was
created by the discovery that 100000 In
greenbacks had been Withdrawn from one OF the
down town banks but when 1t was ascertained that
rho parties Withdrawing the money were nrm
operating on the "bull' side at the Stock Exchange
the excitement died away AZ the same time It was
also asccrtaned that the return shipments OF cur
rency from the country were very large to-day, anu
hence money began to relax, and towards the close
Of banking hours offered rather pcntifully at six
Dor cent In one part OF the street, while seven was
ban for II in another Commercial paper was easier
and rather salable at a per cent dlscou nt
Foreign exchange was duh and unchanged.
GOLD DULL-1loH ll0h,
Tue gold market was quite dull, and adjourned at
one O'CLOCK, large part OF the dealers bctaklng
themselves uptown to witness the procession. The
opening price was 110k, from which there was de-
cne to 1l01 an advance to 1103s, decline to 10Y
and final rally to 1lo7s. In the gold loan market
the rates ranged from four per cent Tor carrying TO
nat for borrowing. The operations Of the Gold x.
change Bank were as follows:--
00!d cleared S24vis ooO
GOl0 balances ........''......''....'. looZ,3io
currency balances. 1,l1o,259
rnE NEW LoAN-Tns TREASURY BALANCES.
The additional subscriptions to the new loan re-
ported to the Treasury up to noon to-day amount to
Sl50,oOo making the total subscription to date
sss, ga. 760.
The following were the Treasury balances at the
close OF business to-day:-Currency, $12,3oo,oOO;
coin, $10e.6oooo or the latter S24 oo) is repre-
scnteu by coin certificates.
GOVERNMENTS STRONG AND HIGHER.
The government list was firm from the beginning,
and became strong and advanced when the appre-
henslon about money had subsidized. The following
were the closing street prces:-Unicd States cur
sency sxes, 1853 ll5si; DO. SKIES, 1884, registered,
1l6L l16z; do. do, coupon ll6ss neg; do. i've
twenttea registered, May and November, lo914
lO8E; DO. do, 1882 coupon DO, 1925 ll22s; do.
Co.. 1894, do. DO, 1925 l12a4; do. do. 1866, do.
do. 1l2ss 1924 do. do. registered, January and
July, HIS NIX; do. do 1865, coupon, 0o. l1l1s
ll1a; do. DO, 1857, do. do, 1l1A ll1%; do do,
1sos, do. do, liz 1l2%; do. ten-ores registered,
10S3s 1883; do. do, coupon 1854 I0S5s
STOCKS ACTIVE AND STRONG.
The 'bulp' ciques repeated their strategy OF max
1ng the stock market look weak in the morning, ana
many OF the smaller operators, disregarding the
warming III yesterdays HERALD as to the real sltua-
mon OF AFFAIRS sold out their stocks and went short
nj the decline. The .'bus' had gone down to the
glreet early in the morning, and, knowing how
sensitive the street after Saturdays bank state
ment, sold few hundred shares and started gene
raj downward movement. which was not arrested
until the victims that the cliques were buying
- FAST they sold. In the subsequent reac-
tion the market advanced TO the highest
points OF the season for OHIO and Mississippi and
Wabash, which sold respectively at Az and 6ln.
Union Pacific advanced to 29's. The movement on
tho "Du" side Is certainly conducted with admir-
able skill They seem never to let the market as
that buoyans which invites spectators to
join them, but constantly keep M the appearance OF
weakness so as to encourage the ''bears." To-day,
"a two occasions last week to which we have al
ready made reference, the market looked for time
n about to slide into panic, but when the
sbcars had got through selling everything advanced
nSain-
HIGHEST AND LOWEST PRICES.
me following table shows the highest and lowest