The New York Herald Newspaper, April 1, 1873, Page 11

FINANCIAL AND COMMERCIAL. —__+—__— .A Day of Seasations in Wall Street. ‘A Rise in Gold to 118 1-2 and a Relapse of One Per Cent. v EXTRAORDINARY SCARCITY OF MONEY. The Rate on Call Advances to 280 Per Cent Per Annum! A GALA DAY AMONG THE SHYLOCKS, The Stringency the Result of a Locking-Up Conspiracy. Conjoint Operations of the Cliques in Gold, Money and Stocks. Disproportionate Effects Upon Prices at the Stock Exchange. ° Food for the Reflection of the New Seore- tary of the Treasury. WALL STREBT, } Monvay, March 31—6 P. M. On ’Change to-day cotton was more active and ad- ‘-wanced X<c. per lb, for lots on the spotand xc. a ‘9-160, for the 1uture months. Flour was quiet but firm, while wheat and corn were quiet and easier. COMPARISON OF TIE IMPORTS. ‘The total imports of foreign merchandise at the ‘port of New York for the week ending March 28, NEW YORK HERALD, TUESDAY, APRIL 1, 1873—QUADRUPLE SHEET.’ gold msrket, the climax‘ot which eame an hour or | 90 so eslier than that in the money market, both morements being, it is said, more or leas the doings of the same parties, although on this point there is great room for dispute, as, in any ordinary view of the gold speculation, it seems hardly probably that 148 authors sbould tighten money upon themselves. The more reasonable interpretation seems to be that TWO DISTINCT OLIQUES have been at work during the day, and possibly a third, made up of members of the other two, the last one being concerned more particularly in pro- curing a fall in prices at the Stock Exchange. The parties operating in gold are better known to the street than their confreres in the other departments of speculation, particu- larly as they have been conspicuous in “pulling” gold ever since last year or since they were excluded from partisipation in the negotia- tion of the new loan, the clique having ramifica- tigns in Wall street, Broad street and Exchange place, and being of English, German and American consistency. In to-day’s operations A PRETEXT for a further rise was offered in the maintenance by Secretary Richardson of the March programme of gold sales; but it is quite as probable that the clique would have made their demonstration what- ever Mr, Richardson had done. Indeed, at the first view, the April programme ought to be regarded as unfavorable to an advance in gold, and possibly the clique deemed it more conducive to their infer- ests to run the price up in face of such an interpre- tation of the programme, and trust to the boldness of the movement for its success, Whatever their counsels, they succeeded in giving the market so strong an upward impetus that they convinced THE LAST RELUCTANT “SHORT” . that ft was dangerous for him to remain a “bear” any longer, and he and his brethren began cover- ing accordingly. The demand on this account, the buyers coming from ‘among the importers as well as from the ranks of the professional speculators, enabied the clique to run the price up to 118%, the advance being attended with scenes of great ex- citement, particularly as reports got into circula- tion that the clique would make cash gold worth to-morrow all the way from one to five per cent for its use—a very boastful threat—when it is remem- bered that THE CLIQUE had all they could do to take care of their own gold to-day, paying as high as a sixteenth per cent for its carrying this afternoon, their absorp- BgeeE Sepgeesstegererereee ts cms B geves. Board—10:30 A. 300 shs LS & MS RR.s3 Ly do. c z SEEE ESE 5 Eee ar LEESSE LSS: 3 — 2 ° 200 200 Chic 100 644g 700 300 Gag 900 1200 6” S00 Py 8 4 700 mm 4 Hr oo di 100 20 83% 500 200. do. 1200 do. 53} aa Sig 500 2m di 4” 100 wo % iam od | Bees 20 "do 90 do 8364 500 Ohio. 8 3 st mm 8% 0. 7 do. im 4s: 53! 100 83; 20 4 0 3 200 4 a asi 100 83 Laas. i a 300 200 Bs 100 800 800 600 1400 600 200 P| 200 400 BESELELESESSEE SELES CESENEZSSETESESSESESES Seeds OLOSING PRIOES—4 O'OLOOK P, M. Western Union. 88% ee Northwest'n pt Rock Isla Am Mer Un kx. 6 a GOK Pacitic 53M Shy NY Central. :100% « 10% Wi Erie. 10 Harle 2 Se, Lake 5! Bost Union Paciti Narthwesvarn.. 73° a 73 Receipts and Disbursements at the Office of the United States Assistant Treasurer at New York for the Month Ending March 31, 1873.° perce ere June and For hitare dative 1 16d il, of April, 2ad.'a 7-164. igs mie —the uate re based on ‘cotton in store, running 75) bags; oats, 24, Future de- however Se ae fr April, ie ee Ls at rclook April ‘500 bales at BS ée. a ay, 400 ai 1.508 af, tie. soe Ip SAB att Her Be ates Fy sal 8,100 M.—ABrI, 100 oat te 160, we at ioies ary eG 9 i 11 Ase., 200 100 1c. aa ath D 9 ‘0 Liverpools by. steam, 153 173 i ts I 18% Vv 1g Et Fay 20 Hmquality not more than half'® grade above or below the grade quo’ Foun aNp Guain.—Recelpts—Flour, 9.854 bots; wheat 10,060 buahols: corn, 20,60 do, corn meal, 10) Ula. an ushels; barley, 1,00) do. ‘The flour market ruled quiet, fog ady. Lines of shipping extras were scarce and held a mig firmer; but the. being very ght, no advance was ished, The sales since our last Include: about 8,800 bbis., at prices witnin the range of the sett quotations. | Cor tinued quiet, but about steady, Wwe sales ot 250 bbis. of West and ra yellow at $8 and 300 sacks of Jersey at $1 2) per 100 tbs. uote :— No, 2 State. a $5 Superfine 6 Choice Sta 5 7 9 T 9 Family Lous, low extrs ei. st Louls, straight ¢: 8t. Louis, choice ‘double extra. ‘Rt Louis, choice tainily Soe four SF uF evmicanaSEsan' Southern [ste Seated Southern ex! Southern famil, FRFSESSSSESSSSSASSSESSLTES IL nan STW ANCIAL, ann “{ Uaust BELMON neLons i iP aaa Ae rath Te we ane ore, DE 8 ROTHSOBILD and thelr Callloenia: Enroye and Havens, en of MONAT on: a aN a ORMORW ELAR or A ae py bod, (8 a er aneery ‘OR SALE—A SEAT IN THE NEW YORK F Exchange. Address box 1,531 Post office, N. Y. “yon OLD—GOLD—G0LD 18 GETTING VERY ACTIVE. Buy privileges tor quarter per pee Pati fee HE. lember New York Stock Exchange, ook TASKING @ BRAINE, 11 BROAD STREET, Stock and Gold Brokers. gaily Es callgand Double. Privileges on all ace culating. -Kxplanatory circulars, with references, failed on appication: dss - INRY O. CROSS, 32 BROAD STREET, MEMBER New York eStock Frshanes, refers. te . B. Wall sliane 200, parort, Stra ng & Co, Greerileas, Norris 4 Cont son, basandya & Co., A. W. She} fo Gon Teivont & Bons, B. J, Capron & ©o., Cambios & Co., ‘and many | Fee DECLINE IN Lada letet 8S aor PRIVI- and limit your loss to o1 are RY O° OROSA, Member New York Stock i:xchange, 22 Broad road street. FFICE OF FISK & BATCH, NO.5 NASSAU | STREET, New York, March $1, 187% The six per cent Gold Bonds of the Chesapeake and Ohto Railroad Company, being secured by # First Mort- gageom ® completep road, which is one of the great East and West trunk lines, commanding a large through business, and which, from the immense mineral, agricul tural and other valuable rosources of the country i traverses, is assured of a very remunerative local trafic, are among the most substantial and satisfactory invest- ment securities in the market; and, at the present price, 873g and Accrued interest, yield a Uberal rate of interest on their cost, LOE They are in denominations of $100, $000 and $1,000) coupon and registered; principal and interest payable im. gold coin in New York; interest May and November. We bay and sell, at curr: market rates, the Westera Pactfic Six Per Cent Gold Bonds originally negotiatea by us, anid now quoted at the Stock Exchange and widely known as tavorite securities inthe principal money mar- kets Coupon Bonds of $1,000; principal and intrrest payable in gold coin in New York; interost-January and a a a February 28, 1873, by balance seaeee 496,521 | C 1, Wa — and since January 1, 1873, compare as follows :— tion of funds in the process being one of the many Receipts ldring the wiontee eee Commeal, Jerne s * July. Price to-day, 4% to 95. For the week, 1871. 1872, 1873, causes of the excessive stiingency in money. On account of customs. wes Bran a — Dry goods........$2,618,008 $2,207,507 $8,531,657 | ar the quotations of 118 and above Gold notes... Baltimore A We also buy and sell Government and Central Pacifie “Gen. merchandise 406,609 404687 10,862,041 | ty market gave si of heavy sale; popeenal revenue ice Puncheoiis f Bonds, receive deposits, on which we allow interest, Total. $7,580,607 $9,642,044 $13,884,598 | on the part of ine uae eae least on te part ealae ‘ n oon Deca we sence rpecne i Wate roid et “ lower Soerricaataain iu a ‘ toss eceeees $7,580,6 bh a (rror—8 saturday, 100 e 2 a e.gold premium. The sales were al make collections and do a gencral banking business. Pro, roported..... 75,691,273 90,065,609 qe tastone the dozens of lucky operators who followed in 3 Exp! 2» Transfei 8,526,197 a $1586 $100 for sar ——~__omisk @ maton, 3 ; $99,707,553 $12 540 . lots of mixed Spring. Other descriptions were entirely “ Since January 1.$81,271,885 $99,707,553 $123,328,540 | thelr wake, and the price dropped back to 117%, 200 H & Bt Gt 17,180,480 nominal Corn Rvas dull and rather, lower. ‘The sues | [AY COOKE & CO., THE TREASURY PROGRAMME FOR APRIL. closing eventually at 117%. The course of the abana sie y 5,608 28 (ehiotly turday, after, Change) toot up. about 125,00 J Xo. 0 ea 43 : The Treasury programme of gold sales and bond | Market is shown in the table:— 109 at MIiaeeRCascOn ee: Be oobe. Da aE bccn f ve ‘sh ope) ya eee aicca asre ie venew, On FO Tran strenh purchases for the month of April is tabulated as GOLD FLUCTUATIONS, 40, oy om ig Hie ounts—in coin. 4,181, 46,871,845 | Biloat a eoter miter Tnclatea i the ak follows: 20 P. M re . ————— | Wire ae waee we einiente orate abou Fas be < UROH, 4 P. ® TOtAL .......eeceeseeseseceuseseeeees + $110,368,366 | $1,000 bushels, at ‘Weste Berlin, prs sip harness 2 Mook Bf Paymenti— " auloat; 4740. abs. Tor hw wr blak crag sie, ‘a 3. for fait * Frankfort, ‘ April9. +++ $600,000 April 23. 31 10” 39 ‘Treasury drafts... tot nolo te, afloat, and 4830. a S0c. for mixed Bremen, 2P. 100 33% | Post Ottice drafts 10) rn mixed held at Olige. a 510 yin | Cable Transfers, GERI 2s sacs socnanssaaess 08 P. Pit 33 Disbursingacoount ware: “Harley and rye were inactive, but bald nontaally Circular Letters, GOLD SALBS. P.M. 35) | y Otlice 624,633 iVnmiants.—Thero was very little doing in the line of paneer bs, “april «$1,500,000 April 17. + $1,500,000 20 P, Ps x Interest accounts, vi 4 berth freight owing principally to the scarcity of avail. JAY Cooke, MoQULLOCH & CO. “aprita 1500'000 April 24. 7’500/000 40 P. 0 Sa In coin... 1,918,101 able room. ‘were not essentially changed. The rd street, Loni ® 500, 1600, 000 | 160 P. In currency, 14,700 chartering demand for vessels continued fair, particu- ECHANIOS AND FAD a Paget TN Porn P. PL 51,671,414 | Jarly tor those suitable to the petroleum trade. Rates | Mf’ a Total.. 68,0004 000 i aaa os ead eal neae eaaueat ares 12:15 and 2115 P. M. 1671, were slightly in the shipper's favor. the ony agements 283 Bowery, neat Houston meaty be 4 ouston street. : THE FOREIGN MARKET. nee era ici citi to La6'pet divte Bibs vikg $8000 Te8h,,c.... 190, $0000 Ey Balance.. cecesseseess$08,606,002 | R7-10d and dy sono cy? Sos. ko maa re enosits made now ot'on April 1 will be entitled to im. The London quotations came steady for consols, ‘ut lower for United States bonds, the latter being adversely affected in the foreign market by the rise dn the gold premium. The street rate for money in London was reported to be 4% a 4% per cent, the Dank minimum being 4 per cent, The new French loan was steady. Erie shares were weak and de- clined to 514. A “LOCK-UP! OF MONEY, The long prevalent scarcity in the money market culminated to-day in a spasm of stringency which ‘will doubtless form a conspicuous Incident in the history of Wall street. The rate on call, after open- ing at the “1-16 and interest” to which the street had grown accustomed the past few weeks, ad- ‘vanced during banking hours to 34 per cent a day, and in the interval, after three o'clock, to as high as % percent a day in addition to 7 per cent per annum. In other words, borrowers of money paid {or its use over night at the rate of 280 PER CENT PER ANNUM! This was no exceptional or rare rate. It was paid for $1,000,000 by one very prominent banking house in Nassau street and for numerous lots of one hundred dollars down to five thousand dollars, the same rate being bid as late as ten minutes to four o'clock, to which time, of course, a umber of bank accounts had to remain open. The explanation of this extraordinary stringency lies in artificial manipulation of the market, the success of which was insured in a great degree by i SUDDEN CALLING IN OF LOANS » by the Broadway Bank to meet April disburse- Ments on city indebtedness. The parties locking up the money borrowed right and left all the fore- moon and during a greater portion of the afternoon, and did their work so wildly that they were unable to procure col- laterals enongh to pledge against all the money they engaged, large sums going over unemployed, but standing subject to their call, the money itself being its own collateral and the lender get- ting the ‘‘share”’ for its use as much as ifit had goné out on certified check. It remains to be seen whether this sort of business is not within the scope of the regulations of the Stock Exchange The operations of the Gold Exchange Bank were as follows:— Gold cleared.. Gold balance: Currency balances. ‘The Sub-Treasury paid out $12,000 on account of interest and $2,400 on account of redeemed five- twenties, $81,372,000. + 1,837,750 2,148,484 GOVERNMENTS LOWER, The government market opened strong in sym- pathy with the advance in gold and in answer to large orders from out of town buyers; but the pressure for money induced heavy sales for cash, under which the market reacted and declined to the extent of 4 @ 3 per cent, the currency sixes | 3p 600 being weakest and falling to 114%. The following were the closing prices:—United States currency sixes, 114 @ 11434; do, do, 1881, registered, 11734 @ 118; do. do. do., coupon, 119% a 120%; do. five- twenties, registered, May and November, 116% a 117; do. do., 1862, coupon, do., 116% a 117; do. do., 1864, 40. do., 116% @ 117; do. do., 1865, do. do., 117% ,@ 118%; do. do., 1867, registered, January and July, 116% @ 116%; do. do., 1865, coupon, do., 116% & 116%; do. do., 1867, do. do., 117% @ 117%; do. do., 1868, do. do., 117 a 11734; do. ten-forties, registered, 11134 @ 112; do. do., coupon, 112 @ 11244; do. fives of 1881, registered, 11434 a 115; do. do. es coupon, 114% @ 115, SOUTHERN SECURITIES LOWER. The Southern State bonds were neglected in the general excitement of the day, and quotations were mostly nominal, the only dealings of note pe- ing in the Tennessees, which went off to 80%. The Jollowing were the closing quotations:—Tennes- see, 6X-coupon, 80% & 80%; do., new, 80% a 80%; Virginia, ex-coupon, 44 50; do., registered stock, old, 368 40; do., sixes, consolidated bonds, 54 a 5534; do., sixes, deferred scrip, 14a 14%; Georgia sixes, 70 @ 75; do. sevens, 88 a 90; North Carolina, ex coupon, 30 @ 82; do. to North Carolina Railroad, 58.861; do. funding, 1866, 19 @ 24; do. do,, 1868, 17a 20; do., new, 16 @ 18; do., special tax, 13 a 15; Missouri sixes, 933g a 94; do. Hannibal and St. Jo- seph, 9034 @ 9144; Louisiana sixes, 45 a 50; South Carolina sixes, 30a 40; do., new, January and July, 17% & 20; do. do., April and Uctober, 223¢ a 23%; Ss SEBESESUEEE RO SSSSSSESESSESESSESESE: SEEN SK RRRSGKSGK SEN IS EERE EE SSvveseseenersseresesecsagsacs FR aac Second Board—1 P. M. it Lara MSSCo, Balance to Cr, Treasurer + S.. $42,374,641 Do. to 14,878,201 1,877,003 61,105 6,250 Receipts for customs in March, 1873..... $1! 3668 Receipts for customs in March, 1872..... 14,388,873 Decrease March, 1873. seeeee $2,061,507 Statement of Business at the United States Assay Office at New York for the Month Ending March 3l, 1873. Deposits of gold— ‘oreign + $90,000 Fore! 68,000 Unite: 832,000 Jewellers’ bars... 50,000 Total. 540,000 Deposits of ted including purchases— Jewellers’ . $9,000 Foreign ot oa Foreign bullion 7,000 United States bullion (contained in gold) -< 5,000 United States bullion (re-deposits)... 41,000 United States bullion (Lake Superior) ‘3,000 United States bullion (Nebraska) . },000 United States bullion (Colorado) 42,000 United States bullion tv D.. vee 66,000 United States buliion (Nevada) . 250,000 Total... Total deposits. Amount payable in bars Amount payable in coins. Total .. Gold bars stamped.. Silver bars stamped. ‘Total.. Transmitted to the United States Mint, Philadelphia, for coinage (gold)........... $102,884 Transmitted to the United States Mint, Philadelphia, for colnage (silver)......... 264,061 tteeneee neers «0 $366,045 COMMERCIAL REPORT. EESEEE 23 dry) Cotton Decidedly Higher; Receipts at the Ports, 7,907 Bales=Flouar Firm— Wheat and Corn Easier—Oats Steady— by mesm, 300 packages of provisions at s& 6d. for bbls. of “pork for tlerces of beet, by sail 00 ‘busnels ‘of grain, at 74, thal? and vi in nr Joo bales hops at 3-164. ‘the chartors com: dtalian brig, hence to Giprultar tor, orders lediterranean, 7.50) cases refined petroleum at swith privilege ofthe adsinwe at ait & Norma a Wrence to denon, 2100 bln retined do. at Gx Thad t a German bark hence to a Baltic port, 2,400 bbls. refined do. on private terms, Humored—a birk trom New York to a French port, 2,200 bbls. crude do. on ree terms Norwegian bark from Philadelphia to @ Baltic pot too Doig; relined do. at 7s; a Norwegian Bark. trom Cork tor orde the United Kingdom or Concent 2,400 bbls. refined do. on private terms; a Norwegian brig from Bultimore to a direct port United Kingdom or Gou- tinent, 1,900 bbls. of lubricating oll at 7s.; an Ttallan bi rig nence'to Constantinople tor orders, 8,000" ‘cases refined troloum at 40c., or if to Odessa, 45c. Several charters were pending, but not closed ata Its hour. MoassRs.— s been @ little more inquiry for foreign, but as yet transactions were contined to the re- quirements of the local jobbing trade. Tne sales, in lots, Werguo’ up pag 10 bbls. of New Orleans at trom 69c. a 75c. Be Me. fo noo. La hid Cuba, ines bpee and mixed.. Cuba, clayed. Cuba, muscovado, refining Cuba, muscovado, grocery. Porto Ric we, Fs Sse. = ulet to-di pri aie or tre acl was od at let today, wit! rt jooe ru a je easier, ‘tne clove at Bie. a bico: heard of sales ot Strained quoted at $3 30 2 538 ‘Tar was in moderate request, but at lower ices, We heard of sales of 400 bbls. of Newbern at Bostic. a $3 50. Wilmington quoted at $3 50, rinarket, for refined remained about in the abscce of reported transactions prices y nominal; quoted at 13ec, tor Arst halt of April. Crade, in bulk, was also neglected, but nominally steady at 9340. for prompt delivery, and 9. for the future months. ‘There was some inquiry for cases which were in price : quoted at 290. japhtha was dull and quoted nominally at lic. a lige, for, Western or city. From the Creek the reports were of a dull market, with prices nomin ady. The Philadelphia market was quiet and une! ; refined quoted at 19c. for first balfof April. Later we Heard of sales in New York of bbls. of standard white, for prompt delivery, at ie. +,2,000 bbla. of crude, 1m shipping order, at 15%¢c., and Dube of sc Heel tac ts—Pork, ait bbls. 7 mese, eee rr ‘at is eae ‘and’ 100 100 Bins of ot rand Pat $l4 75. ufcone The market was Arm, but the demand. ont We heard of sales of 200 boxes long clear at 9) boxes of do. for April at 9%., mand: (00 boxes short tear ot at Drgpeed hogs were quiét but unchanged, quoted at be. a Sige. for the range of city. Beef ‘continued q ie, yea former prices current. In @ small way about ) packages changed hands within the range of $10 a $11 for new plain mess, bbls. ; $12 a $13 for do. extra do. Dbls. ; $21 a $22 for do. ‘priine do., Werces, and $23 a for do, India do, teres, Beef hans were dull, bat nom nally steady at $30 Cut meats—The a terest rom April L. Interest paid on all sums from $5 to $10, ‘Open di Mon- dare and Wesueplagstreek 6p ie a: ree i sh XUFRED T, CONKLIN, President. Henry ©. Fiser, Secretary. ‘OTICE. ‘Turasvnen’s Orrics, Ea me aS The interest due Apri I next, on the } va Fie eng onstage = hotedudnt red W. T. GiARMAN. ‘Treasurer. rice OF UNITED STA TES ASSISTANT TREASU- aw Turing the month of April, 18781 tah all ord cetve bids for Gold and ofters | for Bon W Si ‘Thursday, April 8, $100,000, » Thursday, April 10, 1,500,000, Tharsd ay, April Hg 1'50),000. ‘Thursday, April ‘ont 000; fers of Bonds, agen April 2 8900/00 Wednesday, April 23, 600,000. A certified check for five per cont of bid or offer must he deposited therewith. Proposals will be opened at 12 "clock noon, each day specified. The Tronsury may, at {ts option, accept ofters af bonds or bids for gold in oxcoas of the amount advertised Printed (orms for prop Posi ith the regulations to be observed, will be furnished at this of THOS HILLMOUSE, Assistant Frenstrer United States, eo ys ba A ga oa gg ndlanepolls allroad, Jederasn arc AHhe second’ mortenee’ bosds ot thi com ae paid ‘at maturity or the holders the: . receive first eat sinking fui i (1 interest guarantes eretor. Theexchange will be the Gapege of five per cent cash at the time of ma! ng Se exam nee. THOMAS A. 8CO" FFICE OF THE CHICAGO AND CANADA SOUTH- ern Railway Company William street, New Y¥ March 27, 1873,—The sein-annual_ Interest, matari April 1, 1873, on the first cago and Canada Southern Railway Company will be pald ot and alter the Ist prox. at the Union ‘Trust Company of ‘a New York, 73 Broadway. |. COURTRIGHT, President. _ ‘PRoPoRALS: FOR $300,00 STOCK OF THE CITY OF ork. Sealed proposals will be received at the Comptrolier's office until Thursday, April 3, 1873, at 2 o'clock P. My when the same will be Able ly opened for the whole oF any part of the sum of three hundred thousand dollars of stock of the inetd New York, to wit: Midtional NEW. CROTON AQUEDUCT srook, authorized by ee Laws of 187, Payable, August 1, 1900.0... - $1 CROTON WATER SX $68, Laws of 187%, payable Neveraber 150,000 Said Siocks witi ‘bear interest ‘at the rate of" seven cr cent per annum, payable on nthe first day of Ma: vember in each year. The proposals will state thie amount of stocks desired and the price per one hundred dollars ; and the persons whose proposals are accep! cupom, be required to deposit with the Comps troller the sums awarded to them respectively, together with any premiums thereon, when they will be enti 150,000, Ought to investigate the matter and pronounce Upon its legality, It is not intended in this in- stance to throw any discredit on the lenders, all of ‘whom were, doubtless, the victims of the “Shy- locks’? who locked up money through their un- witting agency. The game may not be repeated With their consent, but it was successful to-day, and that is enough to point our moral. In this connection, as showing the extent of the con- spiracy to damage the money market, we have the following telegraphic correspondence, which explains itself:— iw toca ‘onx, March 29, 1873. — ig wa Kxox, Comptroller of the Currency, Washing: We notion. you have called on 800 pational bs make good their reserve within thirty days, "What is the ammount in aggregate 1 Fleage answer by wire, K & BATCH, Treasury Derantenr, Wasmixoton, March 29, 1873, ih a are emer you rotor is ne e despa which you refer is unautl anirue. you TIOUN SAY KNOK oo Comptroller of the Currency. At such @ time, it is hardly necessary to eay, mercantile paper was altogether nominal, For sion exerted by the stringency in money, but prices offered @ stubborn resistance, and only slowly gave way to the force directed against them. The day’s decline ranged from one to two per cent for the general list, but incase of Pacific Mall, Western Union and Panama the damage inflicted was as much as 3a4percent. This resistance gave rise to surmise that the cliques were buying at the decline either to cover speculative sales or as a prélimary to an expected reaction in the market. While money has been so stringent to-day in this city it should not be forgotten that the Western, exchanges are im our favor, and that money is rapidly coming here from Chicago and Cincinnati, the chief money centres of the West and Southwest, and that the demand in connection with the April settlements has passed its climax, If the “squeeze” in money and the advance in gold have been the final demonstration of the cliques therein preparatory to a complete reversal of tactics, it is only what the comparative strength of the stock BOEEgOEDEEEECE ol we Ps Ee ES sy SESSEEE = SEESSESERE SEESEUSEEESezeeaze tor secu88g.28 S3585: Monpay, Mareh 31—6 P. M. The trade movement was rendered irregular, and values were unsettled in numerous instances to-day by the radical And rapid fluctuations in the gold premium, During ’Change hours the indi- cator marked as high as 18% per cent—a much higher point than had been reached for two or three years, and higher than there seemed ny necessity for. It is true our importations have for some time been heavy, while tho ex- port movement has been exceedingly tardy. The chief articles of shipment—both flour and grain—having been almost at a cempicte stand during the entire Winter. With the re- sumption of canai navigation, however, now hap- pily near at hand, a more active movement in breadstufs is morally certain. With a continu. ance of the active outflow of provisions anda fresh impulse given to the export movement in bread- . stuffs, 80 soon as the first instalments from the West shall have reached tidewater, it is to be uoted at 7h, Yara—The market for Western was firmer under a {air demand. The sales jpolate 200 tlerces, spol, ats 13-100. ; 100 do. off grade, at 84 0.5 pril, at 8 13-1 5 for Ma; W do., for do., at ge. ; 500 do. June, ay 940. ‘City was quiet; 100 tierces sold at trom c. & vGaR.—The market for raw was dull, with no dispost- tion evinced, either on the part of buyers or sellers, to do busts the excitement in the gold premium be! ing the ge. We annex our former quotations be regarded as entirely nominal. meg ng inferior Sane 76." 3 audard, ra shore |. Nos. c.. - Mg Ih 10, fe. abe. rasa ine uriness coneummated to-day in both foreigu und dome Eales 7 ces ce at from 7Nc. 8 a Manne the market was quiet but, firm; quoted at 8X. jige, Gee, in hoe hhds. We note a sale of 30 tierces of prime at 9ige. on the a firm and in fatr request. Sales 40,000 Ibs. Peommmnon at Ose. Dritpe ut 9c. and 6) hinds. X ‘which forbid ‘Arkansas sixes, funded, 30 a 42, r je Jess urgent to-day, still a fair business was cons 1s " 100 shs Md Drees Pork and Lard Firmer=—Grocerie: at former prices. ‘The sales include 50 boxe F ring to receive certificates for equal amounts of oe oF ch le AG Var ene Se PPE Goin STOOKS WEAK AND LOWER, Jy Mar Land & M's: 91% | Dull—Petroleum Steady—Naval Stores | shoulders at 1c., 20 tercds loose City pickled hamsat | gf the sume awarded to them, bearing interest from the of any kind. ie ning Committee + ‘The stock market was lower under the depres- dw Easier—Whiskey Lower. frésvon board at Ohicago. atic. Plokied shoulders mene |. Bach Brotosal should, be seated and spaced Ms sais for Stocks of the City of New York,” and enclosed im | second envelope addressed to the Comptroller reine Fight is reserved on the part of ‘the Gomptroter to ctany or all of the bids! Hf in ‘hisjudgment, the interests the Corporation reguire ore Gorpara ANDREW H. GREEN, Comptroller, Cire oF Nxw Yous, Deraerenxs oF FIRKCE Comprrotien’s Ovrice, March 26, 1873. Ron ORDERS FOR PRIVILEGES IN Stoc Gold. RY OC. CROSS, Member New York Mock Bchange, 24 Br rt. Yong DIME SAVINGS BANK, 308 ce 398 Canal a*s', corner Lai; Six per cent inseree Head, Money Sepoulied now will betes Gon millions nine’ hhandred and eighty-seven thour sand dollars. Books in English and German. OKER IN Watt Bont, “Haga TREE ialty ks, Hos old, &e.; Priv: a ’e The fact that no privlloge hegotiated throug & iki ‘was ever dishonored sufficiently stability of the ns the names de dealt in. W2SAVEMONEY TO LOAN AND 70 BUY FIRST and Second, Mortgages on New Yo Estate. ARTLES, 86 Wall reek WANTED 925 00 ON FIRST CLASS BROOKLYR Property. worth $60,000 prneazele only ; bonus percent Address 0. » Herald office 30) WANTED IMMEDIATELY—FOR katt tts ss s4 = i grEgErgeerce gerecesteessslsceeusesereseeeserabeenascyss oo 200 0 2300 200 200 500 200 1000 | moni 500 1 Bige.. 25 hhda. of p q Feasons which suggest themselves the foreign ex- poate cio Ae toenail ree | hoped that the much-mooted “balance of trade’ of Govan private acme, il be pelts ef + iyi bali Yor whch 230 per cent per annum. 3900 Prvflecelpta, 40 bbs The ‘ket was active, ag ae. changes were demoralized, and sales of prime HIGHDS? AND LOWSSP Puacus 300 will be brought over to the right side | vate decline ot Se: per 10 pbia., early, | Ares B.G. INDUSTRY, TR a a sixty-day sterling were reported at 1073, when th ‘The fo 2130 to 4 P. M. and the gold premium once more forced | arvic.; laver, 300 Dbl pray Mt WKc., closing that price, -' 7){) TO $10,000 TO LOAN ON FIRST MORT- a ‘quotations at the desk had been already lowered to UT bas trlcaipal Weck Se gee est Un Tel.. S00ahe NY Ca HR uk 1 down to somewhere near its proper level, $5.0 000 (Goonus. ‘Addshee PRINCIPAL, Vo 188 108 and 108% for prime sixty-day and sight bills, — | Pr°# the Principal stocks during the day -— 20 909 Wis | But these are only probabilities of the- DOMESTIO M. a flermd ompess Lowest, ere iin alalicanti ladibadlcitts Sendo wave tthes ing ma | i i intucnce i felt only ina ign degroy walle thy | Cotton, rm: god oragSactare™ Maren Ra, | $15,000 Tockt ttn Gk Ge sEonty, Monty ¥ oe wat ele), toe nuswihe wer ion ie a 01% 108 in aonielle of Dreadavatt—the impossibility Pf Hd bales, exports coustwise, 882 te ita to F. JOSEPH, StS Bast Nineteenth suede TY APPA rf. re the bids at ns | i0 900 Naw Onin aren 3 abe WANTED—ON FIRST MOR’ the regular callas amended by,prices tn subsequent 80 ‘00 200 considerable increase of the export movement 10%! tton, firm ; ordinary, Tae. ic. § food ordinary, Wlge.t $1 5. 000 pong batheb ag oy os rt go | Bi i700 for some time to come, and the radical rise in the lei dors, 38.° Hxportto Geeat Hetuin aise | yratd, orth $40,000, principals only. Apply to M. A. J. pew dorm Con Ov.iee. a iw ino gold premium from day to day, aro among the disagreea- | to the Grnilhen ai, “: TTS ‘Bules, 40; last | LYNCH, 68 Coaar street. eee roe Cen Unie: Os 2D 00 70 ble facts which wield a marked influence in the | evening, 40 70 LOAN—IN ONE O8 Tw bai . March 81, 187! i] id sUMS, = fr iot is ees wie eee SS, ee “ambameett Mers | coy seman erect gl gy eee | B2Q‘0O0, Pau A atc SE w York Cen 7°s. 7 1300 ay, ; + . 2k etm nd 0, ¢. an Se oa 4 G 100 and comperetively little Dusitions was done on wee eae Tata Exports, coustwise, S74 Sales, eR CSGREHONT, No. 56 Pine street, room & ay Os ae pa 's, Wewiern Union Telegraph 83 | io a foo Hee derate. © Conon’ wae, ‘sodve ned hres Savarnan, March 1,15 | $145 0-30, LOAN, ON REAL ESTATE IN My ath 62% 83% 1300 hi busi od Cotton firm; middlings, 18: Net receipts, 1,044 bales this city or rook ty rie 7s, ct aie iain @ & 52 2900 a ag J my hel ere Hour Byyoris to Une Conuneae $003; coustwiner Sie Bales, | wards (Gecond. mortgages) neg ‘Abby to SOM bs Hen NEW YORK CITY STOCKS, oo ode 83% 1200) Wee et eoroniy a limited extent, reales ‘were cone Stock, 47,403, EB CORBINE ee Raven way, 200m of & : Attention is directed to the advertisement fer 4 S. a = sued weanes one aay aoe decidedly levies peices, sikiek dil seiatte om nawon, Maze Ol, 1. 1 "5 00 TO LOAN—ON BOND AND MORT- 4 rn was otto , eh ii | Detween “Additional New croton ‘aqueduct stock” | $3 as & Bias, ae Sttea acr patiat | Maat sede Ma, Wt adres Ee er } harlem bona Th Ewen 108 lew mn Aqueduct stock’ Py oO moveme! providons, wag moderate, | Exports " 5 + 29, LL LLY, No. Alb & sus NJ southern Ist 75 and « m Water Main stock,” bids for which a 4 being Tonecke d bye irene, views of holders, nearly atom, N. N, Oy March 31, 1873. — Jah h hn onbo ht + BREE BUTCH | Sn ve apes ge & i Sa eae Saag” Erg TAO Qe ae | sino tment oe aa attest | $400,000 $3 Lohoutees NORPRO ‘ tien Bo i » i opened by the Comptroller at his office, on oa oo. &” OOL I ane = om vor iner ‘advances Wee's yw usted. on for No.1 75 tor. yan ie crude. a ee b “ak, So 24 and | frouichoste: eee ai Bstate, im Siev. er Glew & Pittabd anne, tajout 08 tab" oa i hes ecbleaabions: men (eS ey He ay wee ghiet but Sr pa Tar sendy at $2 00 Avrelihid ligt tia ms Oe WILLIS Monlauk Aes ee Pa ay Sey a 1 Clev & Pitts 4th ai 5 d do. 83% 1200 The petroleum business Provides ready and Fe iunerati Tobacco very firm; oa ‘at full Pree! ———$—— —_—____—__ Paeyy WL, | nually, and the principal will be redeemed in tne | a9, 4 o: eauofoyiient ior the imbenue Geet engaged ja tie carry: | 7° ey, Xr March shies | S75(),000 PoP Qae QE NPROVED PROPER. Dake: hore ON rcateineae a0 do: 85 Mr’ onding for Great ‘Bralny rg name Burope and | Ps roots ene, Wi wrote at ests | PL OU.00 npaiaaaee and New Jersey, at i 500 4 elsewhere, - Petroleum was dull, but heid with consider: | for No , , = | SALES AT THE NEW : store Winter, $11 for double extra, Wheat No. t Chunibers street. \ Raciet etd 8 ms Zone $200k EXORAROD, | aA BD, thee Aevong ae GayetUrocered wero" aoleciot cad | sind pre nie Canidae eon ate nu at sie. H amare. fo meneny, te B1— 10015 A.M. | gy ae oo PAeeEn he caress contunand quiet for all deserip- neal, $1 90 for bolted $138 reece: PAREN aiecbiiiannes a4 gs | $1000 O00 OB E90 0, ve7..be 118 | 700 83 800 tlona No stles trom first aude were Feported, and the | feed unchanged : shorty co BEQ LEAVE TOINFORM THB PUBLIC GENERALLY, area Fi 86 500 po We oa, , ec 116) 800 8354 500 $23 per, ton. Railroad ‘freigh that the firm r the name of pou Pa $36 | 09 a tee tee | Su. 100 die. No‘ woston, 120.) to New York, Guecs to Albany, & Ronense & Dapatane sont ane Erie KR. « hg 400 the ‘i anaes i | “a som = io eo "ne. a fayenera sianccs Geter el Hh Sica 1} barre m eg eg 200 j a areriipts OT me ‘ine short time will be oa v 2900 she {0 100shs LSA MSRR..93 953 | 2000 644 300 fae. Borie Hoo, 19 TLANTIC AND PACIFIC RAILROAD OCOMPANY.— | ordor® ‘aude Ne 4 a ite a a pr GHse 400 a eh $0. 0190? Mae The quarterly Dividend of one aud a quarter thoreshness aad prompsness se hic &N Hg Fd 2300 wm ary isc c. { Savanilis, sar, erect stock of the Prclae Haltroad (of Mle fully yours } biden wm ‘tev & 40 is ls, Mo., ‘27 Broadway, New: dark, Xprth 13, R WiLTAM HABN RRP,qus THIS DAY FROM @OLD aicriaDit6K, A 118% A 11TH. 3 ae] Ba KI movement in spot tas to stockholders ‘of record yi rit owr firm aad from rw . Meantime disposed of for ex- ¥ STOUR. Treasure CHAS, UNGE! Or hapge piace. ‘@ sensation had been preparing ip tha | «0 wy Wau ese oT aygyalions 4 aw Lome Marg” dh ih wat