The New York herald., 1868-11-17

Subsequent 10 the adjournment the boaru dealings
were continued until hali-past five O'Clock, when
che quotation 1868. 1885,. The squeeze"
produced 30 much scarcity OF cash gold
shat borrowers paid high as one per
cent per day In the room, while transactions
ON the street are reported high as one and one
quarter. 0ne-eghth was bid at five O'Clock Tor
tomorrow. THESE high rates show belief on the
part OF the "shortsn that the premium win come
down withln day or two, and hence their willing
ness to pay such interest In preference
70 covering at the present high price. The gross
sielrings at the Gold Exchange Bank were sl77-
4saooo the gold balances sss os2 and the currency
balances ss,sls,976.
Money WAS easier than Il has been any day this
month and perhaps since tne beginning Of October.
The banks freely offering u al seven per cent,
and the outside quotation was a !. few cx-
ceptional loans reported at Eve to best houses
on prime collateral. There was little more dong
in commercial at y per cent discount for prime
donblena paper, running three TO ive months.
Foreign exchange was without definite quotation,
owing TO the high rates obtalnedfor lending gold.
PRIME bankers ranged from JOsto iosss with ex-
septonai sales at 1851, The "sqaceze' In gold wil
Keen exchange inactive.
Ino government market was strong nj the first
board and prices were quarter to q haIf per cent
snd a cessation OF the patronage OF foreign bankers
on account Of the advance in gold weakened prices
at tine second board. but there was a rally. with n
return better gures the three O'Clock board II
Is said that several banking houses with foreign con.
nection are losers by the rise In Erie. when the
cable announced the decline % Eries la London 10
az last week they sold snort in New York, and me
prices had gone W again IN London before they
could order purchases with which TO cover.
The volume Of business at The open board was un-
usuaiiy large. The following quotations prevailed
OH the call:-wens, Fargo 4 co. Express, s9 ADeri-
can, a bid; Adams, 4s 40; United states. 46 ~;
Merchants Onion, 2Oh. AL; Quicksilver, nil q "A;
Canton 46h a 40; Mariposa preferred. 2os. 2l.;
Pacific Mail, iis lie.; western Union Telegraph,
80 S6x; New York Central, l72I AJAX; Erie 81 a
b2 do. preferred, 90 ~ Hudson RIVER 12s ai25;.
Harlem, 1875; Reading. 20 O9lA; Bankers and Brok.
ers lO7; Alton ana Terre naute preferred, 90 bid;
wabash, 81 q 5s; Milwaukee and st. Paul, oeA 10;
do. preferred, s4A ASK; Fort Wayne 1861. Ios,,
Ohio and Mississippi sols a so1s; Michigan Central
10. bid; Michigan Southern, "a ssk; Illinois Cen
tfa, la bid; Pttsburg, s6,S S5,s.
There was less excitement, with decreased
rolume OF business, at the regular board and price
were without the wide fluctuations OF the precedni
portion OF the forenoon. In the interval 10 the sec
ond open board there was seml-panlcy feeling an
Erie dropped 10 4sh. Thence there was rally !
g. with relapse TO d. 10 the vicinity OF which th
price remained steady untl after the boards.
rhe market al the second regular board was nrm
with the following quotations on the cali:--Canton
na4s; Cumberland, &c a 81; Western Union. 36H
tsek; quicksilver, 2iI 2e; MarIposa, Ga I; do pre-
erred 2la 2Ik; Pacific Man, lloA all7is; Ee1
!, srk Central 12SK l23I Bre, 5os u; Do. pre
1er, Sd, 90 q o.; Hudson River. Iz4 . l2e; Read