The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-07-12

AT the ten O'Clock open board the stock market
was steady and New York Central sold at 134ss 1874
Erie, 69N 691s; Reading, e7h; Michigan Southern
91A 90; Cleveland and Pittsburg, S87S a ST; Rock
Island, 1881 1881; Northwestern, 1879 a 70; pre-
ferred, 81 Milwaukee and ST. Paul preferred 79Ia
Fort Wayne lex diy.l, 1854 1885, Pacific Mail,
1OlA. At the first regular board there was no ma
terial change in prices and Reading closed y higher
than at the same time yesterday, Cleveland and To-
ledo y, Milwaukee and St. Paul preferred A. and
Tennessee skies, new issue 1; while Fort Wayne
was % lower and Western Union Telegraph q.
Government securities were unusually inactive
but steady. subsequently fresh and exaggerated
rumors in reference TO altered certificates of stock
were circulated, and this caused members of both
boards to withdraw to their Offices to look over their
own securities, and in their absence stocks were
offered down by the bears. decline OF q ~ per
cent took place in stocks but at the open board
at one O'Clock there was general recovery while
the apprehensions previously excited subsidized and
New York Central sold at 1881; Erie. 691s a 69&;
preferred IS; Reading, 95A 95s<; Michigan South
ern, 90s1 a 81; Cleveland and Pttsburg SO a S6s.
Rock Island, 1919 a 1917; Northwestern, rs 1871:
preferred s0K 500; Wabash, 4SH; Milwaukee and
ST. Paul, Ga preferred, 1915 Fort Wayne Tex div. J.
1917; Ohio and Mississippi, 2sH; Pacific Mail 100
1904; Western Union Telegraph, 344. After the call
the market showed tendency towards improve.
ment, and settled feeling prevailed Reading at one
time advancing to SO and Erie to 69tS, but subse-
quently there was relapse, and at the close at five
O'Clock on the street the quotations were as sub
joined, the market being steady at the annexed
prices:-New York Central, 1917 1897; Erie, 6s%
a 6s7s; Reading, 95 95H; Michigan Southern, 81 a
91H; Cleveland and Pittsburg, S6E s61S; Rock
Island, 107x 1919; Northwestern, 1871 7ssz; pre-
ferred, SOY 500; Fort Wayne, 1857; Ohio and Mis-.
sissippi 29% Pacific Mail, 1OOk a lOox; Western
Union Telegraph, 84ll a 34%.
The market for government securities wa
extremely inactive all day but firm, and
at the close the quotations were AZ follows
United States 6's Pacific Railroad, 1927 q
1903; United States 6's registered, 1881, II31;
do, coupon, 1884 1917; 5-2o's, registered 1907
109al; 520s coupon, 1862, 113I I13%; do. 1854
11Ok 1905 do, 1865, 111sE 1I11l; d. new 1865.
1855 1887; do. 1867, 1857 100; do. 1885, IOs ,.
loe lO4O's, registered 1o7 q 1O7A; I04Os coupon.
i07% 1917; 1905, second series, 1888 1857;
1905. third series, 1855 1857. The circular OF
private banking house thus refers to the condition
of the market
II has been almost dies non In government
bonds, the market having approached nearer 10 utter
stagnation than Is usual even on Saturdays which
through the summer season Is observed as a half
holiday. Outside VI the dealers there seems TO he
u general indIsposition TO buy and even among the
dealers there are but few who giving support TO
prices, but those few exhibit nerve and determine
ton which has thus far served to carry the market
with them despite the disrust growing out of the
united efforts OF both political parties to annul
tenth part Of the interest pledges OF the government
aided by the ayowal on one side OF the policy OF re-
deeming bonds in currency. On the question Of
the finances Mr. Seym0ur's quite recent uttorances
were so at variance with the platform that 10 was
thought he would, IN his acceptance, modify some
Of the features which were manestly opposed 10
his personal views; but his expressions applied TO
the resoluions-"i stand upon them In the contest
upon which we are now entering and shall strive
TO carry them out In future wherever 4 may be
placed"-dispeI such impressions. Below we give
the current quotations OF governments this after.
noon, and subjoin the prices AT which they sold i'm
meGiatey after the January payments Of interest
became due on the same bonds which have Just paid
their July cOupons:-