The New York herald., 1869-08-24

The money market was abundantly supplied at six
Der cent witt exceptions. az usual on either SIDE
at i've and seven. Commercial paper was quiet at
nine to twelve per cent discount. The Commissioner
of Internal Revenue, having submitted the question
OF compelling brokers to make returns Of their capl-
tal engaged In banking business to Judge James, the
latter has made exhaustive report on the subject
He says that after careful consideration he Is Of
the opinion that person whose business 1t is to ne
gotate purchases sales Of stocks Is banker &C.
c0rding to the meaning Of section seventy nine Of
the act of June 30 1884 II he has place Of business
where he receives from others the stocks whose sale
he negotiates where money Is advanced or loaned
on stocks.
The decline in gold at the close Of the week led to
weaker feeling in government bonds Mt the open.
ing OF business this morning, and the leading specu.
iatve issues were dull and heavy. The subsequent
Improvement In gold, as well as an advance abroad
led to higher figures, and the market became strong
and steady. without excitement. The demand again
ran on the 67's, which came s3I from London pri.
Vate advices ntimatnG that as they have longer to
run and as the older issues may be funded next
winter by Congress into four per cent loan they
ere preferable for investment. The following were
the closing street quotations this evening:-United
States sxes, 1881, registered, 1927 1913; do. do
coupon, l22h l222s; do. nve-twenties, registered
iIk l2lTj do. do, coupon, 1862, 1919 122zf; DO
Co., coupon, 1884, 1919 12I do. do coupon 1885,
a21K l21xj do. do, coupon, new, 1896, l2O,< a
1904; do. do. coupon, 1867. 12OX q 12O,1; do. do.
coupon, 1858, 1908 12o,! do. ten.forties. regis
tered. ITO Ill; DO. do, coupon, 1141 lI4H; cur
Fency bonds 1907 ITO.
Southern securities were strong at the opening, in
sympathy with the Tennessees which sold at go for
the old and "a for the new bonds, In response to
the newspaper report OF the opinion OF Secretary
El0fCh6r on the duestiOn Of renudiafion Nouu thts
manifesto from Secretary Fletcher may be all right
but the bonds Of Tennessee are completely within
Che control Of q rinn Of spectators having their
headquarters In Nashville. The buoyancy thus CON-
municated was taken advantage OF to float Of great
many bonds held by weak hands, who were glad to
GET out OF them even ut considerable loss while short
sales were made by the ring preparatory to another
preak," which they can easily effect by some state.
ment OF the embarrassments and financial distress
OF the State TO be given the public when the time
Is come Tor their operations. The rest of the list
was dul The following were the latest prices at
the board;-Tennessee, ex coupon, COZ q 61; do,
new' % bs's; Virginia, ex coupon, 55 bid; 90.
new oo pio' georgia sevens, 9S North Carolina ex
coupon % o'; oo., new, 80 81; DO, special tax,
o.; South Carolina, new e5 q 70; Missouri skies.
sex soX; Louisiana sxes 7l,s: do. levee a4X
e5; Alabama eignts, %.
The following were the bids for the railway hopds
and mortgages at the Stock Exchanue:-Ere arst
mortgage extended, e5; Erie sevens. second an.
dorsed 1879, o6; Erie sevens, third endorsed 1ssa
wi Erie sevens, fourth endorsed, $780, 81, Hudson
River sevens, flrst mortgage, 1so9-7o, 90, Hudson
River sevens second mortgage. sinking fund. 1sss
i01N; Chicago, Burlington ana Quincy erht mar
cent nrst mortgage. los; Michigan Southern seven
per cent second mortgage, e2yS; Michigan Southern
epd Northern Indiana sinking fund seven per cent,