The New York herald., 1869-04-04


as fOliows:-
Gold cleared. s54 5s1 900
currency balances. ACKNOWLEDGEMENTS. 3,202,779
The Bienville for Havana, took out S265, 900 in
specie The European steamer City of New York
took $4,000 on ships account. The Hansa, which
arrived this morning, brought S33,oOO IN specie.
Late IN the afternoon a rumor prevailed that the
government had ordered Admiral Hoff commanding
the North Atlantic Squadron to investigate the case
OF the capture Of the Mary Howell by the Spanish
authorities, ana demand reparation should it have
been unwarrantable. and gold was lrmer, closing
finally at 1917.
Foreign exchange underwent sharp reaction
based upon an increased demand for bills, which In
turn was based upon the expectation that the
eity OF paying the gold coupons held abroad next
month will cause gold shipments dearer rates for
bills. Ordinary amounts of prime bankers sterling
could not be purchased at less than Il advance upon
the figures recently prevailing and while the nom-
nal rate for sixty days bsis los and for sight 0S%
The market Is too unsettled to give quotations. The
recent advance in the Bank Of England rate of dts.
count has. 1t will be Observed made fractional
wider difference between the values OF long and
short bills.
The effect was reflected in different manner in
the government market, where prices were stImu-
lated by an impression that the gold interest due
abroad would he invested In bonds. There was an
improvement IN the London price to s3H, which gave
tone 10 general "movementr In the market that
carried the '62's up to 119A and the '67s to 113%.
Thefolowing were the closing quotations in strong
market at five O'Clock this evening-Unlted States
SKIES 1881, registered, 115 1l51s do coupon 115a1
1l5; do. 1vetwenty, registered, 1895 10; do do.
coupon, 1862. 1l9 119A do. do. coupon, 1864 114%
1l4A; do. do. coupon, 1865 1855 1l6si; do do.
coupon, new 1865, 113h 1885; do. do coupon 1867,
e. do ln IIos
ten-forty registered, 1oib a 1o5; do. do. coupon,
1861 alO5A currency bonds, 1864 l0iH.
The proposed redistribution OF the national cur
rency does not to unfavorably affect New York
bank stocks, for which there was a rather larger
demand than usual at the regular board
this morning, the following being the bids:-
New York. 131; Manhattan, lil; Merchants,
126; Mechanics, 1872; Union, $50; Phenix,
l07; Fulton 100; National, 109; state Of New York,
Il2; Commerce, 1927 Ocean, lO5; American Ex-
change, 1lo; Bank Of the Republic, III; Hanover,
1os Metropolitan 142: Peoples l4l Market, 1872; Mas
sau 1885, shoe and Leather, 1872; Corn Exchange 13l;
St. Nicholas, 115; Commonwealth. Il4 Importers and
Traders 1870; Park, 159; Manufacturers and Mer-
chants 1O2; Central National, 1O95S; Fourth Ma
tional lO3; Ninth National 49, Tenth National,
g7 Oriental, 149z.
The ease In money started renewal OF the specu-
Iative feeling In the stock market and prices took
sharp upward turn, New YORK central leading ana
going as high as l644 Much OF the activity OF this
stock was due to O report tnat the pro rata bill
would be defeated and the capitalization of the
scrip sanctioned by the Legislature. II was
secret that the "orders' TO buy to-day originated
with parties members OF connected with the
Legislature, the remark being made that "Albany
down In Wall street today On the other hand, II Is
asserted that pro rata still hangs IRE and Is likely
To be used extensively defensively suits the
interests of the Albany ring, while the conversion Of
the scrip IL secret which has not yet escaped the
doors Of the committee who have been authorized
60 investigate and report upon the subject. This ad.
vance carried up the whole list, prices closing as
follows at the last open board:--Canton Company,
81 57H; Cumberland, 81; Wells, Fargo 4 Co.'s Ex-
press 81 a 80; Adams Express. 5sJi 90: American
Express 3gL AS; United States Express, SIX q
6sh; Merchants Union Express, 1873 a 10; quick
silver, 22% a 22i4; Pacific Mail, 9lls s1%; West.
ern Union Telegraph, 3e% 39H; New York Gen.
tral, 1888 1884; Mariposa, 1875 lsA; do pre-
ferred, 34H q 34A; Hudson River, 1881 139;
Harlem, 134 1856; Reading, 9l1S a olH; Chicago
aud Alton, lao a 1852; do preferred i4o bd Tossd0
and wabash, o6h a 81; Milwaukee and St. raui ~
73k; do. preferred, s17s slX; ohio and NIlssls-
sippi. 80 33%; Fort Wayne, 1868 a 1877; Michigan
southern, 9G o6s; Illinois Central l3s bid; Cleve
land and Pittsburg, seA a 90; Rock Island 1904
1905 Northwestern, sis Si'i; do. preferred, 93H
ap4h Terrc Haute, 37JS 80; do. preferred, 6I Lake
shore, e7h.
After the boards and the appearance Of the bank
statement the market was irregular and "oG'' for
some OF the list.
A bill Is before the New Jersey Legislature pro
ydng for increasing stock In the following corpora