The New York herald., 1869-01-08

Ing sfoss cearldRs werS only $44 624, 900, the gold
balances s2ssos,s ,s2s and the currency balances
ss,ozs<.2. The Bremen steamer took out s6ooooo In
specie, "ne carrying rate followed the money mar
ket and ranged from seven per cent to twelve per
cent sna rom Lag to a-c4. ~-~~.
= ssalers in commercial S::s.Ar report INQUIRY
The market can hardly be said to be sntive however
Buyers on the one hand, are disposed to do business
at the rates recently prevailing, the high rates on
call loans being dssipated; makers, on the other,
are unwilling to pay these rates on account Of the
easier feeling in the general money market. Az a
consequence few transactions have taken place.
The country banks are largely represented among
the lnqurers. The discounting rate ranges from
eight to ten per cent for the choicest names.
The government bond market opened with great
animation and was very buoyant until high prices
induced realization; '67's touched I0sk. At the
afternoon board there was q reaction from the best
figures followed by partial recovery on the street,
where prices closed as follows at halfpas four
oclock:-United States skies, 1884, registered, 1loa
110k; do do, coupon lily 1l1S; 5-2o's, regis
tered, l07x 1osk; do, coupon 1862, 1l2s 1l2k;
do. do 1854, 1854 100; do. do, 1896, 109jS 1o9,.
DO. do. new, 1896, los 1osh; do. do, 1867 1osx
losk; 90. do, 1868, 1osk 1osx; 1o4o's, registered
losk 1ol; do, coupon, 1854 1907.
Southern state bonds were more active on account
OF the ease In money and sudden feeling that the
Drospecss Of the South are very encouraging Trans
actions were more numerous than usual. Tennes-
sees, DID, were quoted at 90 6ek: Tennessees, new
% o6x. North Carolinas improved despite the
delay In the interest, to the figures 64K for the
old and 62x 62K for the new issues. virginias OK
coupon, were quoted So "a; virginias, new. 56ys
ST. Georgia skies, 7sK . 70; Georgia seyens, s9,s
90; Alabama nves, 81 81; Alabama eights, s41
s5 South Carollnas, old, 90 10; South Carolinas,
new, % es, and ~issour skies, Sly a 49, The Lou
isianas were very active ut the close with the quo
tatons:-Old bonds, 90 Q 7ok; ievee skies, es n a
6szs; evee eights, 6ek a71k.
Railway speculation was the feature of the stock
market. Prices were very active In response to the
further easing OF money. Eric came forth from its
comparative obscurity and was quoted up to 40
On the subject Of the proposed Western connections
OF this road the Cincinnati Chronicle OF Monday last
says:-''wo are advised from Columbus that the
proposition made by the Erie Company TO lease the
line Of the Columbus, Chicago and Indiana Central
Railway, whcn has been agreed to by the Board OF
Directors OF this western company, is likely to
meet with stubborn opposition from some OF
the stockholders, who are avcrse to having
their interests transferred to the control OF
the Philtstincs. IL Ia held that the interests
OF these lines are dIstinctivey WESTERN; that the
natural Eastern allies the Pennsylvania Central
and Baltimore and Ohio, and not the Erie road,
which the main trunk forty miles west
OF the Eastern termnus-thc capital OF the state;
and that to give the Erie company the control is to
place the stock held by citizens OF Ohio and Indiana
at the mercy Of the New York gamblers and TO
leave the people along the line who have con-
tributed Of their means for Its construction
and development without adequate projections
The whole market In now In the hands
OF he cliqucs. who are openly projecting
oil sorts Of extensions and expansion to the Misss-
sppi river TO meet and tap the Pacific Railway. they
are proessedy seeking the enhancement Of tho roads
which they control, but their bencvolence Ia singu.
larry exercised at the very opportune moment OF an
easy money market and leads to the suspicion 6hat
oil their eorts for the purpose OF innatns prices
and selling ont at handsome PROFITS. The Pacific
road will not be completed for long time to come
Railway investors buying ct present figures win
sorely discount the future. New York Central was
neglected until the CLOSE when, IN the hurry OF very
cssy money after banking hours and in q
puoynnt MARKET u rose 70 157,S. Michigan
southern 10 THE last soek. ses down for dividend,
sooerding 70 ne programme tnaugurasd bs tho