The Portland daily press. [volume] (Portland, Me.) 1862-1921, 1869-05-20
90 M M r. Ts CIAx.
New York stock and Money marke,.

NOW SkA SSOcA ana money Mk 8FKet.
NEW YORK. May 19.-Wall street has been great
ly excited all day under bullish speculation and
higher prices In all departments. This occasions
more active Money market, but the demand is
eminent bonds Discounts easy at "a per cent
Sterling Exchange quiet at 1891 a 1904. Gold ex-
cited, active and buoyant. The rumors OF Cabinet
discussions and Of the intended recognition of the
Cuban insurgents had some effect early in the day
but the feeling had quieted when the mails by the
Ausralasian had come to hand and the general tone
OF the English press relative to American securities
again stated an upward movement and the widest
excitement was witnessed for a long time. A fnan-
clai article OF the Times was particularly comment
says the Bank of England Directors are determined
to check the speculation and imitation of American
securities, even II the bank rate has to be put up to
10 per cent Rumors were current Of lower quota
tons for bonds at London. The price opened at 49,
fell to 1413 advanced to 144 and closed at 1885, the
excitement having subsidized somewhat. The rates
for carrying were Z q 3 per cent. Governments ac-
tive and excited during the day. the morning prices
were q per cent. higher than last evening, but
the advance caused some realizing, and prices fell a
per cent, closing steady however. At the Treas
ury purchase to day the bids amounted to So 600
$4,000 registered e4s at 11o 25-ioO $3.50 900 regis
tered CPS at 116 7s100 and S7O4 900 coupon 6Ts at
1is Ss,l0o Turner BT0s registered g.. at
ghia, $4,000 registered sss at e7l-ioo Henry
Clewes q Co. furnish the following 4.sO quotations:
Hss?sR Is lsS as Is sss ZIG sss 49, 1aa g
new, 100 @ 1901; do 1867, i2O a 120t; do 1865, 100 "a
l2ot: io-40's, 1923 q ITO; Pacific, 1911 q 1914.
Border State bonds dull and heavy; Missouri's ssa
2 ssI; old Tennessees o. g cst; new DO, e5s @ c5s
OLD North Cardinals, 69t; new do IS; old Virgnias
55i 5s4; new do, 624 IS; Louisiana levee SIS, 6sa
The Stock market was firm during the morning,
and in some cases higher prices were made but
there were no special features In the afternoon the
market became buoyant and decidedly higher, es-
pecally on Vanderbilt stocks, under the report that
the Governor had signed the New York Central bills
Gossip also said that Cleveland g Pittsburg was to
divide % per cont Fort Wayne 80 to 70 per cent
trail 20 per cent and Hudson River 60 per cent scrip
dividends. The Pacific Mail Directors have declared
quarterly dividend Of per cent, payable June
lst The following are $50 prices Pacific MAIL 94E
@95; Western Union Telegraph, 43k a "A; Hartford
Erie, Is; New York Central. is6 a 1851; Erie, 2sl
@ 29s; do preferred, Oh "a 81; Hudson, i57a a 1881
Harlem, 1891 g 1881; Reading, g7t q 97E; 1T Wayne
l04t g l643; Michigan Central 127 Michigan South
ern, 1O7 q 10Th; Illinois Central 1861 a 147; Chicago
q Rock Island, 1861 a 1851; Chicago q North wes-
tern, 914 a s1a; do preferred, 1885, "a 1893.
The clearances at the Gold Exchange Bank to-day
amounted to 123,000.0O0.
Tho balance at the Sub-Treasury to-day am ountel
to $S4, 90. $3.50.
$1s8,973.