New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1869-12-10
Closann 4 HaHa

Government hands have been firm on the Fiye.Twenty
issues and buOyant on per cents OF 1881 TenForues'
and Currency per cents The report OF the secretary OF
the Treasury has been received IN Germany and the
plan for funding the FiveTwenty loan Is considered
feasible The foreign holders Of bonds not inclined
10 sell their FiveTwenes, but, anticipating their early
funding at lower rate Of interest have changed their
orders TO purchase TO the loan and TenFory bonds
which have yet long time to run The German bankers
had heavy orders purchase to-day which could not DO
filed Coupon per cents Of 1881 advanced TO l&i and
TenFortes TO Ilo.. Domestic holders Of Five!Twentes
are DESTROYS Of exchanging them for Currency per
cents and an active inquiry for the latter reported
by the leading dealers As the Inauguration OF funding
bill would Immediately advance the price OF these
bonds approximate price with the lSsls IN
yestment holders are not inclined TO SELL Az
the close there was an active demand at lcs,9lo9 In
view of the prices paid to-day for bonds Mr. BoutweHs
policy OF funding the debt is Of easy accomplishment
The per cents OF 1881 having II years only TO rum sold
at 1904 and will their holders 81 per cent interest ia
gold 1910 bonds due in 1874, and should their pay
ment be deferred for Is years. pay u per cent IN gou
The new consols bearing only per cent interest would
pay per cent interest at premium ofi per cent cur
rency per cents which have 80 years to run pay per
cent interest in gold i2O aud at present prices are
the cheapest Government bond In the market IL Ia
generally believed by nanciers well Informed as to tho
temper Of the foreign markets. foreign holders of $40
bonds will be prepared to take the new conso as soon as
the Government Is prepared 10 make TIC cACuankc
State bonds duh. Tennessee ex-Coupons sold az
50; Virginia per cent eXCoupons 40; tennessee new
bonds 4l5dHi; North Carolina per cents, i?sdB;
North Carolina bonds weak, and declined from
2s to ga Missouri per sold at s9i 6S5 Louisiana
Ieyee per cents 70: Brooklyn CITY Water Loan, s2i
Railway bonds were strong. Erie DDS sold at So Union
Pacific per cents s Central Pacific per cents were
scarce and in active demand for foreign account selling
NJ Oaa95 closing 9i asa; Rock Island and Pacine
per cents sold Mt 9 Morris aud Essex lsts 96t Fos
Wayne 3s gSI Milwaukee and ST. Paul lists per eents
100 Western Union Telegraph per cents. S. Bank
shares were dull with sales of Bank OF Commerce at l2
Continental lO2i American Exchange. no. Miscellaneous
shares we're fairly Quicksilver sold at liGi;
Cumberland 26S; Pacnc Mail $685. closing 6lt bid
Express shares were more active and were sparlngy
offered. Adams sold at Groom; American Merchants
Union 40; Wells, Fargo 10; United States. 52i
Railway shares were strong with continued demand
for the ow.priced Western shares. At the rst cali New"
York Central and Hudson sold nc 9O4 Gss; kew'fors
Central and Hudson Scrip. sIes3! Erie, got; Eue FRO
frrrcd &c; Harlem, 1859 Reading 9il Michigan south
ern ss3as7I; NorthWestern Common. 25G73 North
Western Preferred IS dS5i; Rock Island lOtlNi sah'
Pau T3Q73i ST. Paul Preferred s6A Toledo ana WABASH
b71: Fort Wayne Guaranteed, 50; Ohio aud hissishpP
Cannon 2S3a25I; Chicago aud Alton, ia; Delaware
Iackawanna and Western, lO6i New-Jersey central
e., 200 Hannibal and Joseph Preferred Zoe; DuDuqhe
and sioux Illk: New.York aud New.Hayen Scrip, lS1
AZ the Second Board the market was steady. but the
transactions we're moderate and without material ehangs
On nriees AT the close the market steady, at frao
tlona decline in prices.
The 10 o'clock quotations Cor Governments bonds vers
follows: o..,,..