The New York herald., 1869-11-30
range OF goid since the suspension OF specie
ments is shown in the following tablet
,69 10 Nov. -. lncluslyel.. i

The excitement and decline in the gold market led
10 heaviness and decline In the stock market,
holders being greatly perplexed as 10 the effect
which lower gold will have upon their Investments
and being inclined to dispose OF them, while those
who are not interested either way preferred await
Ing Developments. AT the opening prices were not
very different from the closing quotations Satur
day except for the stocks which are more imme
diately the subject OF special clique manipulation
Thus Northwest common 10 764 and Rock
Island to 1861, out eventually went of with the
whole market when the gold excitement was at its
highest. With reference to Northwest, Its initial
strength was due 10 the fact that one promi
nent operator, who was reported to be heav-
lily short, finding 1t impossible TO work adversely
to the upward current covered his contracts and
Joined the two other leading operators who orig-
mated the movement thus bringing the forces OF all
parties to operate the bull side. The directors Of
the road were also in session to-day. but adjourned
without taking any action on the question OF dlv-
dend, which, however, VIII come up for definite
settlement within few days. 1t remains to = seen
whether the decline In the cqued stocks due TO
the general weakness OF the day to the beginning
OF sales in the process of unloading. The question
OF the effect OF lower gold upon the stock market
produces great uneasiness among the 'buln cllques
and they would doubtless prefer to be dlsnterested
spectators OF the fluctuations that may expected
The Vanderbilt stocks were weak and heavy. On
and after Wednesday, by resolution OF the Stock
Exchange, the call Will be confined to the consoi-
dated stock only Pacific Mall declined to 5lh.
The express stocks were strong for American and
steady ;or the Others
The fall In gold directly influenced the price OF
government bonds, which gave way at the noon call
10 the lowest made since last summer. The '67's
sold as low as 1l3i4 The decline is all the more
the extensive purchase OF thirteen millions OF bonds
during December The price In London to-day was
s5i4, the advance there being predicated upon the
decline in gold here. In the afternoon, with the
action in gold and under purchases by the
short interest," the market rallied strongly and
closed with the following quotations:-United States
currency skies, 1914 l071z; do SKIES, 1851, regis
tered, 115k 11574; do coupon, 1l51s 1l624; do.,
fve-twentes, registered, May and November, 10Y
Ill; do, 1862, coupon, do, 1925 112S; do, 1884,
coupon, do, 11o5s Ill; do 1865, coupon, do, 111T
q II11; do, registered, January and july I13ss
ll3,s; do, 1865, coupon, do, l13z 113s; do, 1867
coupon, do, 113z 1135S; do, 1865 coupon, do,
ll3h l13S; do. ten-forties registered, b61s a
l07; do, coupon, 1861 q 107.
In Southern securities there was a steadier market
for the North Carollnas despite report that the
agents here had ceased paying the interest on the
Itself sufficient for the reaction. In old Ten
nessees there was 'break" OF several per cent,
under renewed assertions that the State will not do
anything toward reputation OF the new bonds, fear
OF whicn occasioned the heretofore wide difference
between the two issues Otherwise the market was
1u and steady.
The fall In gold has blocked the exports OF pro-
duce and hence, under scanty supply OF COM
mercial bills and with the demand Tor exchange
arising out OF the lower price gold the leading
bankers advanced their rates for prime sixty day
sterling to l09 and for sight sterling to lO9H The
fuIl range OF quotations Is given below.
The money market was shade more active
toward the close OF banking hours, but the demand
fully met at six to per cent, according to
the character Of coaterals In discounts there
was moderate business done in prime paper,
which was quoted at from nine to twelve per cent
The firm OF Lockwood Co.. who suspended in
the panic last September, have effected a settlement
with their creditors and announce their intention to
resume on Wednesday, December1.
The course Of gold during the day is shown In the