The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1869-10-16

NEW YORK. Oct. 15-Evening There was firm
er feeling in the Money market to day. and towards
the close OF bank hours the rates tor call loans adj
vanced to q per cert. The drain Of currency to
the South has commenced, and it is expected that
the West will soon be drawing on this point more
literally. Discounts remains very dull. and on the
street prime business notes pass slowly at from 10 to
II per cent, and good names have been done at 10
per cent. Foreign Exchange continues dub on the
basis of 1f9 a l094. The Geld market to-day was
simply repetti IN Of yesterday and several days
past; all business was at 1870 q 1901. The rates paid
ments closed steady. Henry Clewes q Co. furnish
the following Is quotations:
United States coupon 6's 1881. .119A
United States 500 coupons 1862. 12OK
United States 5-20's lS64. ...................119
United States EOS 1865. ...119t
United States EOS, January and July. ......117a
Unitei States 5-20's 1867.
United States 5-2Os 1868.
United States 10-4O coupons.
The stockholders Of the Cleveland & Pittsburg
Railroad Company held a II Getting in Cleveland to
day and vOte unanimously to increase their stock to
represent the surplus earnings OF the Company by
dividend Of IS per cent. upon the present capital
tors i'll session again. but nothing has been made
public in regard to the affairs OF the Company. The
Express says the election OF Augustus ,chell as Di-
rec1or yesterday, and the election OF j H. Barker
Treasurer to-day created an impression the Stock
Exchange that the road was really under the
troll of Commodore Vanderbilt. This started move
ment for rise in Railroad stocks and at one time
this afternoon quite buoy ant fec ing prevailed. Al
forwards some of Comu oiore Vanderbts friends
the management OF the Lake Shore Company, and it
further stated in the matter OF freghts and pas
sengers that he would not show any preference to the
Lake Shore Comnany over the Michigan Central
Company. with which he has always worked iu con
cert and at this late day he had idea OF breaking
his relations with it. These statements reversed the
load of speculatiOns on the Stock Exchange, and
there was decline from the best prices OF the day
The Gold Exchange to day elected a Board OF Di-
Iectors tor the Clearing House.
The Committee Securities of the Stock Ex-
change have passed all the North Carolina bonds as
good delivery, except those issued to the Atlantic,
Tennessee q Ohio Railroad Company, which may
however, be called OPP separately on the free list
The suspension is announced of Lindsey, Chiltiek e.
Co., importers, in consequence or having been COM
PEELED to pay higher rates for the Gold They needed
than could be afforded Their liabilities are mt
large and their suspension it is hoped, will be sny
a temporary announcement.
Southern State securities were heavy and lower on
the last call.
The Stock market was dull and lower at the close,
pit on Pittsburg, which advanced to 1927 on the
announcement of the Is per cent stock dividend
The chef fluctuations of the day were 10 New York
Genital, Lake Shore or Michigan Southern. Pitts
burg, North Western, Wabash and Pacific Mail.
There was more activity to-day, especially in the
above stocks. The market closed dull and declining
an a. foOwnp OuOtarons: