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

slight variations IN price, all The demand was
chiefly from the shorts" 10 close contracts and this
diminished the tendency towards lower figures
The speculative feeling in favor OF rise Is tame while
events give courage 70 the bears The quotations
1880 A. M.......... 2lek l;l5P. M.......... 2i6I
i5a sA -. ala1 ads M".... s,sS
The stock market active in the bear interest, at
tho first board and the nearly steady decline which
has been the main feature OF tho Stock Exchange for
long time past made further progress The closing
ealcs showed the following variations from those
OF yesterdays second board Erie declined TX
New York Central TX, HUDSON Riser l, Reading TX,
Mich gan Southern n, Illinois Central Northwestern
v. preferred y, Fort Wayne ~, Quicksilver " Ohio
and Mississippi cert Gcates advanced y, Cumberland
Coal " Cleveland and Pittsburg steady.
Government securities dull but steady
At tho open board at O'Clock the market was lower
AT the second regular board the depression was greater
Eric showed decline from the morning price OF *
Reading ~ Michigan Southern u, Illinois Central "
Cleveland and Pltsburg u, Chicago and Northwestern n
Hook Island ~, Fort Wayne y. Ohio and Mississippi
cerisacaics advanced X, Cumberland Coal e. New York
Central Michigan Central and Hudson River were steady
Amer ihe call Eric declined to Tx u, and the bears
Proc cted aspeedy fall u.s. Their inspiration supposed
70 30 derived from aciain well known Spectator
street who time back is believed to have agreed
With the Ere Railroad Company lend the Inter three
millions Of dollars accepting collateral security
ty,cight thousand shares and million of fourth
mortgage bonds. Nineteen hundred thousand Of this
amount Is said to have been paid to tho company and
the gres part Of tho security mentioned lodged with
the lender whose spcctcd Of the stock down
upon him some sharp censarc not long since He has
the credit Of controlling the stock By the lying
his disposal, tho Legitimacy Of VII oh OF coarse open
10 scrior q ,eston
At the open board at half-pas three the market
heavy at further fractional Decline except on Reading
Later, tho street, it underwent improvement and
Eric sold at IT,
The tendency OF the whole market TO be down.
ward, the bu" interest being weak to resist the
decline in the absence of tho outside public who are
leaving the Stock Exchange severely alone and not
unwsciy The bears have Of strength only
In the surbancc Of values consequent upon
tanty attending he value of the currency but in tho march
of events fastening the termination Of the war; which,
when IL occurs will DO likely to create a financial revo-
luton, followed by effort to specie payments
the outstanding currency in that being probably
funded into specie bonds and ut their market
value.
The supply OF money call is abundant at seven
per cent tho disbursements of the Treasury, the
large balances remaining with the national
banks, and tho return flow from the West
contributing scvcraly to the prevailing case There IS
an evident dsinclnation, however to accept any but
first class coaeras wide margins ard in the discount
line only strc city first class in favor These
ratio at 10 per cent Tho military political and fnan
cai SITUATIONS are making men wary and disrustfu both
OF values and credits.
The etions In r,roicr oxcbarco aro urh, .na
nAcy W conuhue So INC export OF cotton ana otler
Southern produce will begin to tell upon tho
,a, IN ,-s,ox,,a. = ,oosI ~ -
,.,.-,, .,, ~ -,. :. ,no zoo 20 |
r&a M. 49,, -, III. IN, 80, 900 !, o4o
,r, ,.-,,,,a !, H., 80 go, ~ :. -,
r.. N,,a.a, ~, o.a eo.o ooo r...... 80
800 90
IT, o..,, ..,,,,.o !, ,,o nas, - - Ass,.,.
- !. n, {. ~, $3.50, !, $500. r !.