The New York herald., 1869-07-23
FINANCIAL AND COMMERCIAL.

The markets in Wall street continue to exhibit
even morcthan their usual summer dulness, notice.
Hble not so much In the falling or In the amount Oh
the dealings although these are below the average
but in the absence OF the excitement so usual "oou
the Stock Exchange. and the general appearance u
almost idleness as compared with the rnsh aRa co!
fusion Of month ago. To-day did r"..ot form an ex-
ception to this condition, At least during the morn
Ing and early afternoon hours, although slight
awakening occurred after the second CALL ibe
market opened steady with moderate activity, at
almost the closing figures OF last night, and
continued without special features until the
first CALL nuctuating within an extremely
narrow margin. At the first call prices were steady
but succeeding that slight Improvement occurred
up TO the period OF the second CALL at which most Of
the railways were fraction higher than In the
morning Pacific Mail sympathizing IN the advance
The rest Of the miscellaneous list, with the ex-
presses on the contrary. were shade OF. Succeed.
ing this call. however, the market developed sud.
den activity, New York Central advancing to 2i2
and Hudson River to 18i11 the balance Of the rail-
way list sympathizing In the advance. Reading
advanced TO 94x the report that the rates for
rying coal over the road are to be advanced next
week. Michigan Southern likewise exhibited fresh
activity, on the statement that the Toledo and
Wabash difficulties had been amcaby adjusted and
all suits Withdrawn. It was further stated that
tho company would only issue $1,0Oo000 Of
new Stock instead Of $4,ooO,ooO the same TO be
equally divided between the parties at variance
represented by Jay Gould and Azarah Bo0dy. Also
tnat the road from Akron to Toledo is to be built In
eight months, ana one from Decatur to st. Louis.
Before the close the market fell OF little oD The
Vanderbilt shares closing arm, however, on them,
and strong the rest OF the list The following
the prices on the second call-Cumberland, 80 q 50;
Wells-Fargo Express 22A %; American Express,
424 a 42X; Adams Express. 60 q 60H; United
States Express. 7s3S q 1914; Merchants Union
Express, 10h bid; Quicksilver, 10 16H; Marposa,
OK BID; do. preferred 15yz 49, Pacific Mail, 83H q
s3K; Western Union Telegraph, SsK s6X; New
York Central, 2lON q gil; Hudson River, 1ssK
Reading. e33S e3H; Chicago and Alton, 1913 100;
do. preferred, 16l; Wabash, 761s; Milwaukee aud
St. Paul, 76x 76X; do. preferred, 81; Fort Wayne.
1slK a 1854; Illinois Central, 40 bid; Pittsburg,
10eH 10e1; Rock Island, llsX 1l4; North
western, TON a 79K; do preferred, 931s s4H;
New Jersey Central, 1O1X q 1O2.
The sieadiness OF the general list was shared by
the governments at she opening prices ON the first
call exhibiting but slight alteration from the closing
figures OF last night At the noon call, upon in(or
nation Of a firm tone In the market on the other
sldeRnd stronger feeling in gold here there was
marked Improvement, which was maintained at the
last cali, tue market closing steady. The transac.
tions during the day were light The following were
she closing prices at half-past five o'clock-United
states SKIES, 1881, registered, 1908 12oX; do do,
coupon, l20K 12oX; do fve-twenties registered,
121k 121al; do do, coupon, 1882, 12sa 123A DO.
DO, coupon 1854, 121X 12lz do. do, coupon 1866,
12lk a 12iN; do. do., coupon, new, 1865, l2oX a
l2o,S; do. do coupon, 1867. 12oX l2oss; DO. do,
coupon, 1885, 12ok a 12OH; do. ten-forties, regis.
tered. lo9H . lo9X; 90. do coupon, 1loH HOY;
currency bonds, 10TH l0s.
North Carolinas new, were the features of State
bends to-day, advancing sharply On the second call
to 81, in consequence OF the receipt OF telegraphc
adyices from North Carolina to the eject that the
Supreme Court Of that State had declared all bond
appropriations authorized to new railroads by the
last Legislature unconstitutional. AS the bonds
which are now good delivery at the Stock Ex-
change are not affected thereby, and this decision
excludes q large amount. 1t was expected would
come on the MARKET the logic OF the advance Is OBJ
vious After North Caronas, new Tennessee bonds
most inquired for and strongest The balance OF
the list was steady the market closing nrm at the
following hgures:-Tennessee, ex coupon, So 62l;
do. new, bsA 81; Virginia, ex coupon, 571s 3d.;
do, new, COX 6l; Georgia skies. SO sS6; dO sew
ems 91H o %; North Carolina, ex coupon, So 5s
do, new, so 5o}s; Missouri sxes S71s SIX; do,
Hannibal and st. Joseph, 90 81; Louisiana skies,
% 10; do. Levee sxes IS o 65K; do, do, eights,
81 SO; Alabama eights, o3k o.; do, ves 90 65;
do, sxcs stcrllng 90 o5 South Carolina skies, 65
d7 do, new, o41 65K; do, registered stock, 65
67 City Memphis SKIES, 40 5O do. Atlanta eights,
s5 a 81; do Savannah sevens, 90 81; do. New Or
leans Consos 20 13; do. do. issue railroads, 6S
60; Mobile Ohio sterling, 65 81; do, elghts. 81
30; Mississippi Central Railroad, first mortgage 70
"a; do. second do, 60 a 8s; Memphis & Charleston,
nrst 81 80; do, second, IA 70; do STOCK As Al;
Greenville h Colorado Railroad, guaranteed 81 SO
Gold opened this morning at 1855, and advanced
quickly TO Il, from which II fell again to q anu
ranged during the greater part OF the day between
these extremes, reaching 1861 at five o'clock The
tendency to the higher figure was due In part be-
sides the heavy shipments Of specie. to the parlla
mentary crisis In England, which is fraught with
the Gravest danger. Cabinet crisis there has
always been sufllcent to produce very severe dis
tnrbance in money circles. We may well then look
with alarm upon the present attitude Of the Lords
and Commons as one capable of producing the most
af1icting results The report of the Gold Exchange
Bank for to-day furnishes the following items:-
Gold cleared, so0 2os 900; gold balances, &1575 s77
currency balances, $2 s44 The disbursements Of
coin interest were $282o42. The steamer Weser took
with her $780, in specie and the Missouri $3.50 ooo
making an aggregate OF $s3o,o0o.
The aggregate amount OF proposals submitted 10
the SubTreasurer to-day for the s1,ooooO govern
ment gold, advertised to be sold, was $1,97d,oQ0.
The awards were as fo!lows:-l0o.ooo at 1880;
100000 at 1s5.SS1; 100000 at 1S5.22%; 100000 at
135.211; 10000 at 1s520x So 900 at 1850; $4,000
at 1882; ESQ at 1926; 25,0oo at 1888.
Foreign exchange is steady without change In
rates. We understanding sixty days, CONNER
ciaI, Io3,< Io9N; bankers, 1o95s o lloS; short
sight, 1lon 1l0x; Paris, sixty days. 51sx
6.12x; short sight, 6.l2h 5.IoX; Antwerp, 5.lsK
SI2H Switzerland, 6.lsM 5.12X; Hamburg, 3s}s
80; Amsterdam 4oH 4oK; Frankfort, 4oI a
4o,S; Bremen. 7syk a 79T; Prussian thalers, 50X
n74.
The money market worked during the early part
OF the DAY similarly to yesterday the rate on call
loans being six per cent on government and seven