The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-01-19

li;2o M.-.',.:... 2iGs 2;l5r M.......... 2l54
The stock market was active in the bear interest at
tho Grst board, and tho nearly steady decline which
has been the main feature of tho Stock Exchange for
long time past made further progress. The closing
sacs showed the following variations from those
OF yesterdays second board Erie declined u
New York Central ~, HUDSON Ei.er /, Reading Y.
Mich gan Southern y, Illinois Central L. Northwestern
~ preferred y, Fort Wayne TX, Quicksilver Il. Ohio
and Mississippi cert hcates advanced " Cumberland
Coal " Cleveland and piitsburg was steady
Government securities dull but steady
AT tho open board at clock the market was lower
the second regular board the depression was greater
Eric showed decline from the morning price Of Y,
Reading u, Michigan Southern u, Illinois Central Y,
Cleveland aud Piitsburg " Chicago Northwestern NJ
HOOK Island ~, Fort Wayne y. Ohio and Aissss ppi
ccruncascs advanced x, Cumberland Coal e New York
central Michgnn Central and Hudson River were steady
Acr Tho call Erie declined to Tx u, and the bears
aspcedy fall to rs Their inspiration supposed
70 DO derived from acitan we'll known speculaor the
street. who some time back is believed TO have agreed
With tho Erie Railroad Company three
millions Of dollars. accepting collateral security
ty-cight thousand shares and ono million OF fourth
mortgage bonds Nineteen hundred thousand Of this
amount is said to have been paid to tho company and
che greS or part OF tho security mentioned lodged with
the lender whose spcctcd of the stock drew down
upon him some sharp not long since He has
the credit Of controlling the stock hy the lying
his disposal, tho Legitimacy of VII CHI is OF open
to scrio ; q ieston.
At the open board at halfpast three the market was
heavy at further fractional Decline except Reading.
Later tho street. it underwent impro yemcnt and
Erie sold at II.
The tendency OF The whole market seems TO be down.
ward the buln interest being weak to resist the
decline in the absence of tho outside public who
leaving the Stock Exchange severely alone and not
unwiscy The bears have of strength only
In the sturbancc of values consequent upon uncer
tainy attending he value OF the currency but in tho march
OF cvcnts fastening the termination Of the war; which,
when 1t occurs, will DO likely to create financial
luton, followed by effort TO specie payments
the outstanding currency in that being probably
funded into specie bonds and notes ut their market
value.
The supply OF money on call is abundant at seven
per cent; the disbursements OF the Treasury the
large balances remaining with the national
banks, and tho return flow from the West,
contributing scvcray to the prevailing case There IS
an evident Discrimination, however TO accept any but
first class collaeras wide margins ard in the discount
line only strictly first class names in favor. These
rate at 10 per cent The military political and nnan
cia situations are making wary and disrustfu both
OF values and credits.
Tho transac tons in foreign exchange are light and
likely to continue The export Of and other
Southern produce viii begin to toll upon tho
ket both here and abroad. Bankers hold their SIXTY
day bills for sterling at 1925 81 three days. 1l05 81
Merchants bills quoted ut los 1oo
The Asia from Boston, took out Sill 900 in specie
The subscriptions to the seven-thir,y loan Mt the
First National Bank were s23oooO Treasury drafts,
100000,
The cash balance in the hands Of the Assstan: Urea
in RoSto mt fha of huqip
S. 1883 4)3 SAN increase Of $685. $50 90 tho
preceding week.
The amount Of duty paid in gold foreign mcrchan-
disc at the port Of Boston, in 1868 and 1864 fol-
lows
In 1868. SO so3s2i In 1864. S. ITO 400
increase IN ls6A or
Tho following the comparative earnings OF tho North
Pennsylvania Railroad during the month OF December
1888 $40 597 1884, sos 78l
increase. iOa
Tho New York exports for the week ending January II
and since January compare as follows
=. .. ..s ., 1888 , -, s,s d 1sss T.,
Frevio Fly reported " o,oosssS 4.sao1ss ssSsSss
snoc January .....ss 1888 74s T,ee2ols s,Sco $50
Tho New York Imports for the week ending January IA
compare folows:-
For tie Week 1868. 1864 1865.
Dry goods Soaiss oss s 5S9s
Total for the week 50, ESQ aos 2,4io,sio 2Gss,si5
Previo sly repored.... 3,6132.5 64Jl,54 28J2,s2l
Since January 81 3oj 5s1 6,si2 39l 4Go9aG6
The interest the FIRST mortgage bonds OF the Hudson
River Railroad due February l. will be pad and after
that day by the treas Of the company
The highest cash prices of the railroad and msceia-
neous shares a, the first session OF the Board of Brokers
to day compare the quotations "Wednesday Of last
week "a follows:-