The New York herald., 1869-02-26

were made at to % per cent for carving. The
transactions at the Gold Exchange Bank were as
folows:- -
Gross G ciearngs $50, o72o 600
Jou paa 3,06S,V4T
Sutiencs balances. 4C45,iiJ
The export By steamerwas nominal.
twin be Interesting TO watch the effect Of the de-
cline in gold upon bonds. The advance Of the latter
in the home market has come to be dependent upon
the foreign market, the appreciation OF their prlce
and the decline in gold tending to produce an equ-
Abrium in value both sides OF the Atlantic The
operation OF the causes which adjust the price OF
these securities one Of tie most Curious studies OF
Wa! street,
The market for foreign exchange was entirely dis
arranged by the news rom London. The great bulk
OF business was done at Io91 for prime bankers
sixty days. sterling, and letters had been sealed
md posted for the steamer when the fall in
rates took place. The market was unsteady at the
close with the following quotations, which exhibit
important changes:-steriing, sixty days. good TO
prime bankers. losss 1885,; short sight, 1915
100. transfers at 1ossD; Paris, sixty days, 51sZ
t.5k; short sight. 5.164 5.l5; Antwerp, 5.1sA o
s.I7a; Switzerland, 5ls,4 5.l7sz; Hamburg, 355<
25s; Amsterdam, i0lS soss Frankfort, s05S 40s4
Bremen, 5s% 7s&.
The stock market was dnl, so far as business is
concerned, but was steady and firm at the figures
which have ruled during the past few days. The ex
ceptons were Pacific Mail, which under o rush to
sover by the shorts rose to l03s; Pttsburg, which
touched 91A and Marposa preferred, which was 81
bid. Rock Island was he'd firmly a. the close
In consequence OF the passage Of q bill In
one branch of the Illinois Legislature to enable
the present managers to continue La power two years
longer. The express stocks were reactiouary after
tie decline Of yesterday. IL is stated that the Erie
any hava xan rntca thar tntcntinn A.
tlelr own express business. Prices closed as fol-
lows at th- last regular board:-canton 60 a. el;
.Cuuberiand. s5k as; Western Union s7,z a s7sl,
Quicksilver PAX Is; Mariposa, 10; do. preferred,
% 81; Pacific Mail lo2H 100; New York Central,
lol laA; Hudson River, lsG lsT; Harlem, 1877
l3s5s; Reading, 02s e2A: Michigan Central lis a
ilsl4; Michigan southern, 81 9Ia; Illinois Central,
Ia lsS; PitsOurg, so5S olsS; Northwestern s21s
s2h; do. preferred, e1 oln; Toledo, lo514 1906:
Rock Island, 129k l2I1z; ST. Paul, 68Z 66h; do.
preferred, 7sj6 lsE wabash. 67K e7ss; do. pre-
fcsred, u . 70; Fort wagne l22% lz35s; oalo and
Alsstssippi. 34I 3s4.
Pslces closed as follows II the last open board
Cumberland, 81 3s; American Express, IL a AZ;
Adams Express, Sax 59x; Merchants Union Ex.
press, IL liz; Quicksilver, 2ssi q 2j; Pacific
Aail, lo2k i02s: Western Union Telegraph 37s.
375si New York Central, leiH leiE; Hudson
River, lssI III; Reading s2H a s2k; Chicago
and Alton, l55 leO; 10. preferred I56 100; Alton
and Terrc iiaute, ss4 %, Toledo aud wabash, s7 4
esGi milwaukee, aud 81. paul, COS q Coz; do.
preferred, ISk 7sI; Fort Wayne, I2aK 1873:
Ohio and Mississippi, 34h SAX; Michigan Southern,
tGIs "; Cleveland and pi;tsbarr, elA "; Cleve-
land and loledo, 1905 q lo5As; Eock Island i2o,<
al274; Northwestern, s2I q SIX; do. preferred,
p1 a o1X; Mariposa, ga 81; 10. preferred. 81 bid
The following were the bids ior railroad bonds a,