The New York herald., 1869-04-08

Currency balances. es...................... 3I27 5O4
Foreign exchange was neavy. and large amounts
were purchasable at a concession from the ngures
last quoted.
The action OF the Special Committee OF che .egsla-
turc in reporting favorably bin TO authorize the
conversion OF the eighty per cent scrip OF the New
YORK Central Railroad led TO considerable animation
IN that stock and caused frequent fluctuations with.
in comparatively narrow limits. The opening price
was l64, but only few transactions took place no
this figure, the general range being from lG4s{ to
lo51s. Under pressure TO buy in the forenoon
based upon numerous telegraphic announcements re-
specting the progress Of the measure. the price
touched 1857, but sellers at this figure were IN
abundance 1t fell or again 70 IO4iS reacting al the
close to i6jl, but losing animation Tie street was
evidently long" OF the stock and prepared go sell
at anything Ike al approach to lGG Buyers lost
confidence and began 20 give heed to the warning
ihat the effect OF the expected legislation has been
already discounted. II h generally conceded that
the bill VIII pass and become law. The "frends''
Of the Legislature are full OF the STOCK. and the
failure OF the bill to lcg1lize the scrip would be
ruinous. The legislative ''rings" may think tnat
thev have It Ia their power 10 shape their future
conduct as suits themselves but they are eyre
giousy in error. They have fallen into a
trap" IN buying the stock ingeniously prepared
for them by the friends OF Mr.. Vanderbilt Tney
must pass the bill, and that too without receiving
the usual reward. The rest OF the list was irregular
Pacific Mail nuctuated between 90 ana x An
attack Western Union forced ~ down 10 aos,
Hudson River went up to l42h and was quoted
1Ssz ex-dlvidend. The Northwestern stocks were
weak, the preferred declining to e5K The closing
quotations Of the last regular board were AZ fol.
Iows:-Canton, 5js bid; Western Union 40. Al:
Mariposa, lsa4 ale4 Pacihc MaIl, eoS al: New
York Central l645s 1885,; Hudson River. 1919 a
1854; Reading. ~ a e2h; Michigan Central, lis
i2l Michigan Southern, e8K; Pi'tsburg, 90 a
9i; Northwestern, s3S q 81; do. preferred s5ls a
e5ss: Toledo, eGsi 81; Rock island, 1904; ST. Paul
I3ISa 74k; do. preferred. ~ a s2'S; Wabash C9si a
s74; DO. preferred, 77JS rs; Fort Wayne, l27 a
12IK ohio aud Mississippi ~ x a32a..
The following were the closing quotations at
tha last open board:--Bankers aud Brokers'
lod bid: weus Fargo a Co.'s Express. ~
bid; Adams Express SO a 59ss; American Express,
Goa ~; United states Express 57S aJs5s: Quicksi.
yer, 22a22]S; Pacific Mail, gO5s aeo74 Western Union
Telegraph, 41h Az; New YORK Central 1861 a
l65t; Marinosa, Is bid; do preferred 331< a 80 =
Hudson River 137A lSs1; Harlem ls3 a
1885, Reading e2H a 92}s; Alton aud verre Hante
preferred, "a 6sh; Toledo and wabash
preferred 20 O -; Milwaukee and ~ PAM. 7gs, a
"a; do. preferred, 81 as2h; OHIO and Mississippi
32s aS2%; Fort wayne 1917 bid; Michigan Central
ISbid; Michigan SoutDern sos as6z; Cleveland ana
Pittsburg, eQS a eo1; Lake shore, eel q e1 ROCK
Island, lSox 1871; Northwestern, s3-s ~; do.
preferred p6,s g6; Chicago and Alton preferred,
lto bid.
The easier feeling In money at the close Of bank ing
hours produced better feeling IN the stock market
after the boards. Rock Island advanced TO la2lE
Port Wayne, under purchases TO cover by the large
outstanding short interest, was suddenly run up Il
lJ2A.