The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-09-09
Total .s275 Gil 5sl siQgo7,75s g5 sa4ss57 ~

Foreign exchange was frmer, the decline In gold
stimulating purchases OF bills. The market is still
unsettled, but the range OF rates higher as fol-
lows-SterIing sixty days, commercial, 107 1072;
good to prime bankers, 1919 1Os1s; short sight,
1OSh q 1885; Paris, sixty days. 5.27H $40; short
sight, $40 6.l71z; Antwerp, 5.27H $50; Swift
zeriand, SPIN $40; Hamburg, IS q a5N; Amster-
dam, SsA a 4O1l; frankfort, SsX 4o6; Bremen.
771a a IS; Prussian thaers, 10 70A.
The money market was active early in the day,
borrowers showing disposition to make their en-
gagements in good time, and the prevailing rate on
call was seven per cent, gold. commissions"
might have been had, did not the fear OF the usury
laws deter lenders. Stocks were again "turnedn
for eighth per cent After the Treasury disburse
ment, two Millions reaching the street before three
O'Clock, there was a moderation Of the rate to
seven, currency, but late borrowers who came out
after banking hours had to pay gold interest. Paper
was unstable, except at extreme rates, the nomi.
nal quotation for discounts being nine to twelve
per cent
The governments purchased two millions Of nve-
twent!es to-day, giving ll7so ex-coupon, the lowest
price at which they were offered. The offerings
reached total Of nearly eight and half millions.
Assistant Treasurer Butterned announces that,
out Of respect to the memory Of the late General
Rawns, Secretary OF War, the Sub-Treasury Will be
closed tomorrow, and that the purchase Of 81 600
bonds for the sinking fund.- advertised for that day.
Will be postponed to Friday, the day following.
The activity in the money market assisted a
"bear' movement in governments, which carried
prices down about one per cent upon the lowest
quotations of yesterday The large offerings at the
suD-Treasury also contributed to weaken the
Market especially as the decline in gold was not
followed by any decided Improvement in the
foreign quotations. The following were the
closing street quotations:-Unted states cur
rency sixes 109h 109s< do. skies, 1884, registered
l21 12lk; do. do, coupon, 12o't 121; do. FIVE
twenties, registered, May and November, 1901 a
1903; do. do. coupon, 1862 do, I21A 1211s; do.
do, coupon, 1854, do, 1901 1901; do. do,
coupon, 1865, 12oA l2oh; do. do, regis
| tered, January and July, 119 q 119k; do. do.
coupon, 1866, do, 1875 l194 do do, coupon 1867,
do, llsA li916; 90. do, coupon 1858, DO, ll9 a
l1s4; do. ten.forties, registered 1921 1io14; do
| do, coupon, ITO 110x.
In Southern securities the new Tennessees were
strong and the old bonds weak. North Carolina spe
| cia tax bonds were steady The market was gen
orally duh. The following were the closing prices a
the last board-Tennessee. ex coupon, 81 aelh; do.
new, 52h 49, Virginia, ex-coupon, '55K 81: do
new 81 bid; Georgia sevens, OIL 81; North Carolina
excoupon SO; do new, AK q Az; do, special
tax 80 53A; South Carolina, new, 81; Missouri
SKIES. SIX IS; do, Hannibal aud st. Joseph
81 90; Louisiana skies, II.
| AT the last session to-day the stock Exchang
voted to appropriate from the funds In their treasury
$4,000 for the relief OF the widow and children o
General John A. Rawlns, late Secretary OF War
also $4,000 for those bereaved by the recent dsaste
at the coal mines in Pennsylvania.
| In the stock market the situation resembled tn
calm after battle. The "Dearsn we're gathering th
spofls OF the recent "breakn while the 'bulls wer
repairing damages, by advancing new margins pre-
paratory to another siege from the ''shorts." Will
| the two hostile lines were thus engaged there wa
an occasional skrmish a; different points. accordin
as either side showed signs OF movement Gent
| raj attention would be directed for awhile to III
| combatants; but there seemed little disposition I
| open general engagement Late In the afternoo
the "bulls" derived courage from the easier closln
| OF the money market and took mp a stronger pos
ton, preparatory TO returning the late assault
their enemies. New York Central rae
in this upward turn and touched 20
| Hudson River also became active and ~
| vanced TO lS41l. Rumos were current that N
consolidation would take place within few day
IL is said that In the merging OF the two roads Ne
York Central WIN be put In d 24o and HUDSON Rv'