The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1869-02-09


At i've O'Clock the quotation stood 1854 1851,
with sales at the intermediate sixteenth.
over S1o0ooo in specie has been engaged for ship
ment by the Cinibra tomorrow.
Foreign exchange was unchanged on the basis OF
1921 1924 for prime bankers sterling, sixty days
Commercial paper was steady at seven TO eight
per cent discount for prime acceptances.
Governments buoyant at the opening as
sequence or the promise implied in Congressman
Hoopcr's bin that The gold bearing debt is to be
further increased. sixty-two's quoted at lI3s
fI3sI and '57's touched lo9A. Under sales and the
usual reaction the market was one to two or three
"pointsn lower at the last board but the cable ele
gram announcing rise OF five-twenties in London
to TO-. made prices again buoI ant especially this
advance is likely to be followed by further ship
nents This foreign appreciation OF our securities
ID evidently the effect OF the Introduction in Congress
OF the bill referred TO. The market closed firm
with the following quotations at i've o'clock
Emitted States SKIES, 1851, registered, 1llss a
IlIgs; do, coupon, li24 l13; do, i've
twentes, registered, 1925 lo9A; do, coupon, 1859,
ll35. ll3s do, 1864, ITO nos; do, 1865 1lll
III -; do, new, lS6j, 100 l031s; do. 1867, lo9&
lOosS do, 1865, los;s a lOeis; do, ten-iortIes,
registered, 1923 io2s4; do, coupon, 1885 1oSa4;
currency bonds, l0IAs 1919.
new, or third. board OF brokers has been
organized under the title of the Independent Board
Of Stock Brosers-the offspring OF the proposition OF
Mr. James Fisk, Jr and others for an Erie board.
IA pursuance OF the call meeting or some 200
brokers was he'd IN the Bankers and Brokers'
Building, 81 Broad street. at four O'Clock this after
Loon. After considerable merriment and repeated
calls for Mr.. Fisk organization was effected, with
Nr. James Curphey as chairman and Mr.. N. Demar
rs secretary. Resolutions were adopted admitting
To membership all who should sign the call up to SIX
O'CLOCK this evening. The following is the language
OF the call under which the new board has been
oyanlzed:-
We the undersigned, being DESTROYS Of establish
ing board 81 brokers Tor lne pur OF bug lng and
saiag aud dealing IA the shares OF the Erie RAILWAY
Company ami otAer securities, and being opposed 10
ihe q biIafy measures adopted BY certain broad
rect Cil4ues, do HEREBY a.ree 10 form an inde-
pe4dent board - be kaOwn a. tue Erie Board any
o.lef name .aat uay DC decided upon, and 10 he
located convenient 10 the Stock Exchange.
anu we hereby agree 70 adopt sucn rules and regu-
lations Tor the goVernance Of sad board as shall IN
sire confidence ana gave satisfaction to the men,
begs oI ne board aud the puoiic generally.
the stock MARKET again very irregular, sensi-
tive AMI depressed. Pacific Mail underwent a
further Decline touching iosEs, but reacted to the
vclnty u H. The street has IT that The directors
are wasing bitter war among themselves, and that
one 81 them-a memoAr OF a prominent banking
house In lower wall street--has determined upon
selling all the stock he controls for the purpose
o. spiting lelow officers. The brokers require
Heavy margins on this stock, aud some refuse to
deal ia L Ut all Erie was weaker under con tlnua-
ton " the causes Already noticed, but remained
steady all day AZ the quotation 3GSs 3eK. New
YORK Central was variable within the limits OF 161 to
I65. II IS reported from Albany that prominent
Capitalists there are quietly 'picking up and put
tag away round lots Of Hudson River In the coma.
dent expectation that scrip dividend Will be declared
am The stock 70 the present price OF New York
Central, when both roads wal be Immediately con.
sondatcd, making continuous corporation through
NON New York to Bu1alo, under the presidency Of
Commodore Vanderbilt Rock Island was a.
oensive, touching i33, but fell Oh again.
Fort Wayne was weak and lower. The feel.
ins az the last open board was very bear.
In. Prices closed as follows on the CALI
American Express IS a 30; Adams Express eeys
"; Merchants Union Express Is a %; Quicksilver
70 a 2Sh; Canton, COX Gil; Pacific Mail my
liz; Western Union Telegraph, ssH az New York
Central, 1914 ioi7s; Hudson River, 1857 1876:
Reading s4s eits; Chicago ana Alton, i5sh a l5s:
DO preferred, 15fA 1j8 Bankers and Brokers', los
bid; Alton and Terre Haute ioHa Al; Toledo and
wabash, ei1s a g.; do preferred, II bid; Milwaukee
and 81 Paul "a s4k; do. preferred, sss. 7s..
For Wayne, INK llrH; Ohio and Mississippi. as
So; Michigan southern, a2ll %; Cleveland and
Piitslnrg, OK a ~; Cleveland aud Toledo 100
1oilS; ROCK Island, 1895 1871; Northwestern say
SS9s; do. preferred, Ok aslL; Manposa. TX a 0:
do. preferred, z5k 20; Harlem, 1877 a l3s.
The market after the boards was better but prices
were Tot up to the best figures Of TODAY.
The f.lswiny were the bids for Guy bank stocks
at the regular board today;-New York. ia; Man.
haitian, 10; Merchants, l24; Mechanics, 1877
America nc; Phenix, LOG; North River, Io4; Ma
tional- ITO; Mercnants' Exchange, 1is; seventh
Ward, liz; Stae OF New York. ia; Commerce, 122
Mechanics BANKING Association, III; Ocean, 100
American Exchange liz; Bank o. the Republic
HI; Bank OF North America, ITO; Hanover, 1851
Irving los; Metropolitan, lao; Market III; Nassau
Los; Shoe ana Leather, $50; Corn Exchange l2s
Continental, 90; st. Nicholas LOG; Marine. 15o
Commonwealth. no: Impsrters and Traders, 12s
Park 1855; Manufacturers ann Merchants, 1919; Cen
yra National los; Fourth National, 1os; Ninth Ma
10na, 1851; Oriental, 49,
la the market for Southern securities, as compared
with saturdays prices, there Wa a falling on OF I
haf per cent 10 Tenne-secs and one per cent IN yir
gnas ex coupon New viIgioias we're one per cen
letter There was an Improvement ~ 4 half pei