The New York herald., 1869-05-30

the gold gambling cliques who were injured by the
fan In gold, and would like to the price back TO
l4e l5o only to let them out OF the trap in which
they shared when Secretary Boutwell, SO
promptly Increased his sales OF government gold
The course OF the market Is shown in the table,
yoA ~ M::-...l4o l;t5 p M...-.....l$s1s
jOo5 A. M..........140 S:l5 =. M..........l3sI
II 1885 $3.50 p. .139,s
Jap. h...-........ ..I39A p M:............ 1895
J p. ..l397s 4:30 p. NJ. 1893. i391a
Cash gold was in abundant supply again. Seven
ana eight per cent was paid for carrying and lie
70 Monday. Transactions took place at SIX and ex-
cepfionaliy at three per cent. The disbursements OF
coin interest were s24l,652. The steamer st.
Laurent for Brest, took out $780, 800 IN specie and
tile Hansa for Bremen si5OOOO in silver bars and
Mexican dollars. The repor. OF the Gold Exchange
Bank Is as folows:-
God cleared. s6e AGO. 600
eOiu l,03l, 800
Currency balances. ces................... 2,5S0, 400
Governments were quiet and steady, If not strong,
during banking hours, bat the market was inclined
80 settle late In the afternoon, and prices closed
shade lower. The foreign bankers were not buy
tpg so freely after the news OF the proposition
30 impose stamp duty of one per cent
IN Germany upon all foreign securities, but the
market was sustained 10y the advance in gold to
Aoi4. When this latter influence was lost prices
yielded about u to a. and closed as foilows:-
United States sixes 1881, registered, Lei l24; do
coupon, i3lss al2i5a do. nve-twenties registered,
J1oh III; do. do, coupon 1862, 1874 a l229.;
DO. do, coupon, 1884, ll6z& III; do do, coupon,
lss5, Iisi4 ils}s: do. do. coupon 1865, new,
s19a Il91s; do. do, coupon, 1857 li9;. 1l9]l;
DO do, coupon, 1865, 1895 llols; United states
Gves len-forties registered, 10s4 a 10s%; do. do,
coupon t09if 1885,; currency bonds, 1918 1O7..
Southern securities were steady, except for new
Tennessees which fell about half per cent. bat re-
covered IN the afternoon TO 631 TO g.
Tne general features OF the money market were
without change Seven per cent continued TO be the
prevailing rate ON call loans, with pledge of misce
laneous stock colaerals, aud six upon government
Feturities. The city banks well as the country
banks have been very free buyers OF commercial
paper during the week. exercising unusual scrutiny
however. In the matter OF makers and endorsers
Prime double names were discounted seven to
eight per cent but great deal OF good paper
tas sen nj nine aud ten. Foreign exchange was dull
aud steady without change In rates. The market
IL very susceptible OF sharp movement either way,
and The leading bankers not inclined TO draw
except at safe figures.
. The following were the bids for the clty bank
stocks New York, l3o Manhattan, I45 Me-
chanics', 1856; America. 14s; Phenlx. no:
North River Io5 Mechanics and Trad
ers', 125; state OF New York, III; COM
merce I27; ocean, lO7; Chatham, l5s; Bank OF
the Republic, lis; Hanover, ll4 Metropolitan, 1s2l =;
East River. lo4; Corn Exchange, 12e Continental,
1oI5s; Commonwealth. 1l6,s: Importers and
Traders l5s; Park, 1866 Central National, rs
Fourth National, 1864; Ninth National 49,;
Tenth National, %.
The receipts OF the Western Union Railroad from
san1sry to May 81 were;-
1sc9. 2l,Is4
1s6s. 2l5,06
Iuercsse .......,..................... s6u3
The earnings Of the Chicago aud Rock Island Raj.
road during the third week in Nav were
tSe,b 900
Ss6S.. 1888
Increase ACKNOWLEDGEMENTS. s1lss7
The dispute as TO the conversion OF stock OF tie
Merchants Union and the American Express Com
panies under consideration at meeting OF the
directors Of the Consolidated American Merchants
rDioD Company. and resolution adopted that on
the aoth day Of June next the books OF the company
NH he closed against further conversions OF the
stock OF the Merchants Union Express Company
tnfo the stock OF the consolidated company aud will
sbeieafter be opened only IN favor OF those share.
holders m the Merchants Union Express COMPANY
who on before that day give notice In writing 10
tne secretary Of the company OF Their intention and
wish 90 make such conversion OF their stock and
tha within the same time deposit their certificates
Of Win tne uhc from mem respectively.
ppon such CALI such deposit TO be returned unless
the conversion shall he actually and lawfully made.
The stock market opened with considerable ami
biaiion, Michigan Southern selling at 1144-an adj.
vance Of per cent compared with the price At
fhe close OF business the previous day. From this
point there was Welding 10 ll2A, based upon
srrrehensions for the result Of application which
was made yesterday before Judge Clerke for tem-
pormy injunction, restraining the company from
6sposng " It's property franchises. 1t IL the ex
peciatlon that IN the consolidation with Lake Shore,
when Is preliminary TO consolidation with New
. 0rE Ccoiral, there Will be large scrip dividend,
by some estimated as high as twenty i've per cent
~ equaze The pr0rNtlon Of stock as well as to
represent the petty assess on hand at the time Of
union. The application wa made by John s.
prouly aud others, who clainixo be holders OF the
rnarnneed or construction stocktin the Michigan
southern and Northern Indiana Railroad Company
20 the amour, OF some millions for temporary
Injunction restraining the directors and lie Grand
Lockwood, the Treasurer, from selling or ia any
manner disposng OF the property. franchises or
security OF this company, until the plaintiffs shall
be paid all arresrages OF interest on their shares
The complaint and afdavits set forth the history OF
the company as now formed by the union OF the
Eoyibern Indiana, the Chicago aud Southern Michi.
san roads with their subdivisions, and stated that
sbe plainiifp were holders OF construction stock
on which ten per cent interest payable semian-