The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-10-11


Legal tenders. 60 240,S4I 60,005 0S6
The market for government securities has been
dull all day but steady contrary to the expectations
of the bears, who looked for lower prices in sympa
thy with the decline in gold. Dealers show no inds-
position TO operate pending the result OF the Penn
syvania election becoming known. At the close
there was much nrmness shown, and the quotations
were as subjoined-1ssl, coupon l13s 1874; 1881,
registered, 1925 1925; $50 coupon 1862 1I2k a
ll2A; do 1854, 110a ll0iz: do, 1865 l10,. llo,
do. new, 1865. los's lOsk; do, 1867 1855. 1854
do, 1863 1895 a 1929; lo-40 coupon, los l05 !;
registered, 1034 104.
AT the ten O'Clock open board the stock market was
strong and active and New York Central sold at 1919
1926; Erie, 4s76; Reading. se4 q s6A; Michigan
Southern, s51; Cleveland and Pittsburg, ex dfvi-
deDd, $50. a ST.; Cleveland and Toledo 1865. a
103|; Rock Island 1881 q 1905; Northwestern,
SKA ses4 do preferred, se7s co. Fort Wayne. lIi7S
liz; Milwaukee and ST. Paul. 100; Ohio and M,ssis
eippi 2eH; Pacific Mail, 1928 q 12sL; Western Union
Telegraph, 263. 26ts; Mariposa preferred, 2os a
20; Quicksilver. "a. At the first regular board the
Western railway shares were particularly strong,
the greatest improvement being in Northwestern
and Rock Island. On the call New York Central
closed = higher than at the same time yesterday,
Reading Ia, Michigan Southern s., Cleveland aud
Pittsburg =, Cleveland and Toledo y, Rock Island
2, Northwestern a. Milwaukee ana ST. Paul y, Ohio
and Mississippi u. Pacific Mail -, Mariposa pre-
ferred a and Canton =, while Milwaukee and ~.
Paul preferred = lower. Government Sc
curities were steady but dull At the open
board III one O'Clock there considera-
bic activity and buoyancy, especially In Northwest
aud the other Western shares, and on the call
New York Central sold at 1924 a 1924; Erie, ssA;
Reading. 967s o.; Michigan Southern, s67s a s6S;
Cleveland and Pitsburp, $50; Cleveland and Toledo
10ilt a lOI4; Rock Island, 1857 a 1914; North
western, Oh ~; do. preferred, 915s a %; Mil
waukee and -. Paul. 1904; do preferred, es5s 1907
OHIO and Mississippi, 2osa; Pacific Mail, 1854; MARI
pOsa preferred, 2ots 2o,s. There was no later
session Of either the regular the open board but
business was continued with considerable spirit In
the lower hall OF the Stock Exchange until halfp
three and Erie meanwhile sold down to 41ss, under
heavy Gales, while the market generally was nrm
Subsequently on the street the bank statement was
construed unfavorably, and there was slight but
general yielding OF prices. Erie continued weak
MP 10 the close OF quarter past I've O'Clock
when the following quotations were CURRENT
Pacific Mail, l2ss l2s,.: Western Union Tele
graph, 3eA. a 361; New York Central, 1854 a
12s5s; Erie, AK; Reading, seS a eex; Michigan
Southern, 50 s6h.; Cleveland and Pittsburg. SO .
esk; Rock Island, 1861 ioe5s; Northwestern,
elh elh; do. preferred, OIL. sl1; Fort Wayne,
1ila sllly.; Milwaukee and 1t. Paul, 1907 a ioI;
90 preferred, lcoH ioi; Mariposa preferred, 2o1
an.
rne foreign exchange marke; became very strong
o. the day advanced owing 10 An increased demand
for bills, stimulated by the decline in gold. and the
leading drawers further advanced their rate TO lops
for sterling at sixty days. At the close bankers
bills on England al sixty days were quoted at 1921
loe1s; at three days, 1922. 1895; commercial
bills, 1855 1Oe Bankers bills on Paris at sixty
DAYS, 5lsss b.175s. on Berlin-Bankers', ia
1ih. on Bremen-Bankers', ~ a 7eA on Frank
foft-Bankers', i0is 4Oa,; commercial I0S. On
Amsterdam-Bankers' 40k a 4oii; commercial.
Aosa. on Hamburg Bankers. 35a % com
mefclal 554s s5as on AEtwerp-Bankers' $40.
Bits; commercial a.2lts 520
The daily range VI the gold market during the
week h thus shOMn.--