The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1872-02-06
FINANCIAL and COMMERCIAL.


WALL STREET. |
MONDAY. Feb Sc p M
On Change to-day wheat was firm and actual
business was at little Improvement in prices. but
the market continued dull. Cotton was Duoyant
and Z b &c. higher
MONEY EASY.
The money market was characterized by some
activity early In the day. pending the general agta
ton attending the unsettled feeling In the street
to the upshot OF the new complications In the ad-
justment of the questions connected with the SET
tlement OF the Alabama claims, and the
first transactions were at per cent on
stocks and az per cent on governments
Afterward 1t became evident that the supply Of
money seeking employment on call was more than
sufficient to meet the demand &C the legal rate, and
the closing quotation was 6per cent for loans on
stocks. many OF the brokers gettng their supply at
the lower figure.
Prime commercial paper endorsed, is quoted
per cent discount.
Foreign exchange was quiet and steady, closing
dull, on the basis OF 100 1905. for prime bankers
sixty day sterling and 1921 1o9H for sight bills.
GOVERNMENTS STEADY.
The government list was firm early In the day, as
consequence OF the advance in gold, the effect OF
which was unchecked by lower quotations abroad.
the foreign market being, on the contrary decidedly
strong for our bonds. The improvements with this
frmness trining, however ana was not
tanned when gold went OF to ITO, the market clos
ing about as it opened. The following the final
quotations:-United States currency skies. 114%
us; do. skies, 1881, registered 1l4X 1l4h; do.
do, coupon, 115H 115k; do. fve.twenties
registered, May and November 10Y q 1l0x;
do. do. 1862, coupon. d0. 1lOH 1lOX; DO do.
1854, do. do, l101s l10|; do. do 1885, 40. dO
MIA nix; do. do, 1867, registered. January and
july Ill a 1l14; do. do, 1865, coupon, DO, 1l0K
q 110x; do. do, 1867, do do, 112 1l2x; do. do,
1868 do. d. 112>4 1l22s; do ves OF 1881. funded,
registered, 1857 100; do. do. do. coupon l0Ss<
100; no.. ten-forties, registered, LOT 10TH; do.
do, coupon, 1l0i4 110A.
GOLD ACTIvE-110 A 11ON.
The more warlike character of the press COM
ments here and in England upon the concessions
TO be made In the range OF matters to be arbrated
by the Conference at Geneva sent the gold brokers
into the Gold Room at an early hour this morning.
and started rise from ITO TO 1lOA before the Board
was formally called to order. The first regular
quotation was 1l0H, between which and ITO there
was a feversh huctuatiOn pretty neary all
day, the reaction to the lower figure being
the result OF later cable kilograms that tho
Tendon papers this morning were more pacific In
their tone-one OF them 1.-THE Times going as far as
to rebuKe its brethren for their unseemly temper.
ana promising that even with failure to adIudi-
cate these claims the worst feeling that could follow
would be regret Something also was expected in
the way of e lcitous suggestions from the Queen In
her speech opening Parliament tomorrow. The
Slight 1uctuation Of the day-only one quarter OF
one per cent-is explained by the counterpolse Of
the ''bul' and shear" sentiment in the Market
the 'bears'' pointing gleefully to the undOuDted
strength OF British consols and United States
flve-twenties IN London to-day, ana the "bulls'
holding tenaciously to the belief that where there
is so much smoke there must be some fire. The
speculative contest ended in drawn battle Ior the
slight advantage gained by the ''buils' hardly paid
the expenses Of their venture and business closed
with both parties intrenched almost upon the very
ground where hostilties had begun in the morning.
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