The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1868-09-08


in and sold up 70 1c3,s. On the call New York Gen.
trai closed Il lower than ut the same time on Satur-
day, Erie u, Reading Il, and Tennessee skies new
issue, "; while Rock Island was y higher, Norln
1 western 17s, preferred tx, Milwaukee and 81
| Paul TX, preferred So, and Pacific Mail 1. Gov
eminent securities were strong but quiet at an al
| vance Of q u per cent At the open board az one
O'Clock prices were slightly lower, except Tor Erie
| which was steady at 46A. Al the second
/ regular board the market was steady and
moderately active, and on the call New York Gen.
trail closed Y lower than at the first regular board
| Reading u, Rock Island u, Fort wayne u ana
Tennessee skies lex c0upon u; while North Caro-
lima skies Tex coupon) were u higher and new issue
| x. Government securities were dull but steady.
Express shares were weak at decline Of three per
cent in Adams and United States, four and half In
| American and two in Merchants Union There was
no cause assigned for this general breakdown, but
| rumor connected 1t with some complaints that the
Adams Company Is said to have made relative to it's
own profits being absorbed In paying the losses Of
one or more OF the other companies. At the open
board at halfpast three the market was steady,
except for the Milwaukee and st. Paul stocks which
declined to IS and BOX respectively for the common
and preferred but at these prices it would be folly
to buy them, as they are the result Of artificial
manipuatons by a clique. Express stocks were
Northwestern se7S and preferred 871s Reading 0OsS
Rock Island 1929, Cleveland and Pittsburg 81 New
York Central 1861 and Pacific Mail 1854. Suisse
quently Pacific Mail sold up to 103%, and this price
was afterwards bid. At the close the market was
firm at the following QuOtatons:-New York Gen.
tral, 1851 1858; Erie, 464 a46zs; Reading, 915S
91h Michigan Southern, IS a S514; Ohio and Missis
sippi % 2914; Cleveland and Pittsburg, s8H 81;
Cleveland and Toledo, 1914 1o2; Rock Island, 1928
o 1o3; Northwestern, sea4 s61s; preferred, s65s
81 Fort Wayne, 1851 1oaA; St. Paul, $50 ss,l;
do. preferred, 0oh 0Oh; Adams EXPRESS 49H,
sale; American Express, "A a As; Merchants Union
Express, 221l 22A; Pacific Mail, 1o3sl 1os2S;
Western Union Telegraph, S41 S4'S.
The foreign exchange market was steady but
quiet on the basis Of 109A for prime bankers ster-
ling at sixty days. At the close bankers bills Eng
land at sixty days were quoted at 1091 q lO9K; at
three days. 1905 1095S; commercial bills, 1884
1881. Bankers bills on Paris ut sixty days, 5lS%
6.17H. On Berlin-Bankers', Tx a7lX; commercial
bills, ~ 7lH. On Bremen-Bankers' 791 1917;
commercial, 1874 70. On FTankfort-Bankers',
4O5s 4o2l; commercial, 4O14 4oh. On Anls,er-
dam-Bankees', 40A 4ogs; commercial, 4O7S 4Os5.
On Observation-Disclosures, 85zs SO; commercial, a5,s
s5%. On Antwerp-Bankers', 61Sa4 5.171a; CON-
mercial, 5.21h a $40.
A Cincinnati journal Of Saturday thus refers to
the local money MARKET
The money market is working easier under more
liberal supply OF currency, the receipts OF which are
channels OF trade. Some orders for exchange from
Southern points are helping to swell the supply
while the demand for loans Is only moderate and is
freely met at q per cent In bank and 10 II per
cent for first class fpaper in the open market. Some
merchants complain OF the backwardness or remit
tances but generally the deposits IN bank show u
material increase.
A Chicago paper OF the same date remarks
Local money affairs exhibit scarcely any change
works close but there is nothing that indicates
stringency as being near at hand yet Currency was
in fair supply to-day and equal 10 the demand which
continues from the country.
A comparison Of the last two staements of the |
public debt shows that the following changes were
made in the various securities during the month OF
August
DIET BEARING COIN INTEREST.
Six per cent bonds, 1881 NO change.
Six per cent ivetwenty bonds. .Inc. Ss,1le55O
DEBT BEARING CURRENCY INTEREST.
Three wear compound interest notes. sl ooo, aso
Navy pension fund at three per cent No change
SXruasp DENT NOT rRnsssrED FOR rAYaESf.
Three year seven per cent notes due August
june ana july is, 1888, compound interest
notes Inatured June 10, July Is, August
10, October 10 and December IL, 1867, and
Bonds, Texas indemnity. no change
Treasury notes. acts July II, 1851, and
Bonds, April Is, 1912, January 25, 1s47,
and March 81, 1S4S.. Dec. SCI, III
Treasury notes March 3, 1863 No change
Temporary loan. Dec. LOCO
Certificates Of Indebtedness. ..........N No change
Total Dec 50, 49,, 002
DEBT BEARING NO INTEREST.
United States notes. No change.
Fractional currency. Dec. sos GOO
Gold certificates Of deposits. Inc. 3,747,620
Six per cent lawful money bonds issued to
Pacific Railroad companies Inc 81 l04, 600
Total debt. Inc. go o67 5a9 |
SALES At TIVE new YORK STOCK EscaAsi:.